Zee Entertainment to review its entire business portfolio after breakup with Sony

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Key Points

Zee Entertainment Enterprises will look into its entire business portfolio after its much-awaited merger with Culver Max Entertainment failed..

After releasing the December quarter results, Punit Goenka, managing director and chief executive, Zee, said the exercise will be conducted to identify businesses that would generate maximum value...

"We will be relooking at the entire portfolio of the business to see which businesses will add the maximum value to our portfolio..

Zee Entertainment Enterprises on Tuesday reported a 140.74% year-on-year (YoY) jump in net profit at Rs 58.5 crore for the third quarter that ended December 31, 2023..

Last month, Culver Max Entertainment called off the merger agreement it had signed two years ago with Zee Entertainment Enterprises and sought a termination fee of $90 million on account of alleged breaches by the company...

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