Sony-Zee merger in India gets regulatory approval

Sony-Zee merger in India gets regulatory approval

Zee Entertainment and SONY logos are displayed in this illustration taken, September 1, 2022. REUTERS/Dado Ruvic/Illustration

India approved the merger of a local unit of Japan’s Sony Group and India’s Zee Entertainment, people present at the hearing said on Thursday, granting a key regulatory approval and clearing the way for a $10 billion TV tie-up.