Zee-Sony India merger talks stall over disagreement on leadership – Mint

Bengaluru: Talks of a merger between India’s Zee Entertainment Enterprises and Japan’s Sony’s Indian arm have stalled after a clash on which company’s top executive will run the merged entity, the Mint business daily reported on Friday.

Sony is pushing for its Indian operations managing director N.P. Singh to head the merged company, as Zee’s candidate, managing director Punit Goenka faces an on-going investigation, the report said, citing people aware of the matter.

Zee and Sony India did not immediately respond to Reuters’ requests for comment.