Sony Demands $90 Million as Termination Fee

2024 • 3min • News • Business


Published On: January 23, 2024 - After two-long years of negotiation, Sony calls off the $10 billion merger deal with Zee. Upon the news of the call off, Zee stocks plunged 30% - its lowest since August 2020. In addition, Sony is also seeking a $90 million termination fee from Zee. Join News9’s Kartik Malhotra; Srinath Sridharan, Policy Researcher & Corporate Advisor; Shriram Subramanian, Founder & MD, InGovern Research Services; for more details on the story.