Page 27 - Culver Max News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ZEEL is working towards a successful closure of its USD 10 billion merger with Culver Max Entertainment. The fate of the merger is uncertain as the deadline for extension negotiations approaches. The bone of contention is the driving seat of the merged entity, with ZEEL's Punit Goenka initially set to lead. However, Sony has concerns due to a fund-diversion case involving Goenka. The deal has a stipulated period of two years for completion, including regulatory approvals. ZEEL has sought an extension from Sony.

Earlier Sony Pictures Networks India (SPNI) stated that it has not yet agreed to a deadline extension requested by ZEEL for their merger proposed USD 10-billion merger, however, a day after it agreed to discuss

Earlier Sony Pictures Networks India (SPNI) stated that it has not yet agreed to a deadline extension requested by ZEEL for their merger proposed USD 10-billion merger, however, a day after it agreed to discuss

Cine1 Studios, a production house claiming to be one of the producers of the Ranbir Kapoor starrer film Animal has approached the Delhi High Court to stay the movie's release on Over-The-Top (OTT) platforms.

Producer Murad Khetani has taken a legal route against Bhushan Kumar (T-Series) for financial discrepancy over the recently released Animal. Read the details!