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Sony Officially Calls Off $10 Billion Merger with Zee Entertainment.

Economy & Business | Dated: 21 Jan 2026

Sony Group Corp has officially terminated the $10 billion merger deal with Zee Entertainment Enterprises Ltd (ZEEL). The merger, aimed at creating an Indian media giant, was called off due to disagreements over leadership and unmet closing conditions. Sony has also sought a termination fee of $90 million from Zee.

🎯 Key Highlights:

  • The deal was initially announced in 2021.
  • The combined entity would have competed with rivals like Disney and Reliance (JioCinema).
  • The collapse of the deal led to a sharp crash in Zee's stock price.

💡 Other Important Facts:

  • Company: Sony.
  • Partner: Zee Entertainment.
  • Status: Merger Terminated.

📚 Test Your Knowledge:

Which Japanese conglomerate recently terminated its $10 billion merger deal with India's Zee Entertainment?

Correct Answer: Sony Group Corp

🚀 Quick Recap:

About Sony

  • HQ – Tokyo, Japan
  • Zee CEO – Punit Goenka