Zee - Fallout of Failed Merger with Sony
Link - https://www.moneycontrol.com/news/business/zee-trims-50-workforce-at-tech-and-innovation-centre-in-bengaluru-to-aid-cost-cutting-12544611.html
Who asked them to set up this center BEFORE the merger finished?
BiryaniEnthu
Stealth
6 months ago
Zee has been dying since saas bahu serial days. So much attention got shifted to Star, Sony and Viacom.
Their digital pivot was also thud, cannot compare with likes of Amazon and Netflix
Media isn’t the best industry if you don't have power favoritism
Soprano90
Stealth
6 months ago
At the bottom of the article it’s mentioned Nitin Mittal- Technology and Data has resigned. Any company that he joins faces the same fate. He was previously CXO at Solv, Avail finance etc. All of them went to shit like this
Clarky
Stealth
6 months ago
Satya vachan
It's was case of ego of single digit % share holder deciding the fate of remaining 90% share holders 😂😂
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by somefinetofu
Stealth
Sony abandoned its merger with Zee. Didn't know there were so many elements to it
This is a fun analysis!
Billionaires also get ghosted sometimes
https://boringmoney.in/p/sony-abandons-its-merger-with-zee?utm_source=grapevine&utm_medium=social&utm_campaign=sony+zee+merger+abandon