Shaping narratives at Sony Pictures Networks India. 18 years of telling stories as a journalist, now telling them for brands.
Sep 22, 2021 • 6 tweets • 4 min read
#BREAKINGNEWS – @punitgoenka finds his white knight in #Sony, signs non-binding term sheet for merger of @ZEECorporate with #SPN. SPN to hold 52.93% stake in the merged entity, while #ZEE shareholders will own the remaining 47.07% stake. Sony Promoters to infuse $1.575 bn.
The merged entity will remain a publicly listed entity in India with Goenka as MD & CEO. The majority of the board of directors of the merged entity will be nominated by #Sony Group.