The merger between Sony’s local unit and Zee Entertainment in India has turned into a standoff between the two companies. Sony is reportedly pushing for its own appointee to lead the merged entity, while Zee’s founder family is holding their ground. Sony’s change in stance comes after regulatory challenges faced by Zee’s candidate for leadership. The outcome of this power struggle will determine the creation of India’s largest media company. In a separate development, Disney is nearing a deal to sell its India operations to Reliance Industries.
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