Clash over Russian assets, Disney cricket deal led to collapse of Sony-Zee merger

Clash over Russian assets, Disney cricket deal led to collapse of Sony-Zee merger

Zee Entertainment and SONY logos are displayed in this illustration taken, September 1, 2022. REUTERS/Dado Ruvic/Illustration

Sony and Zee disagreed over more than 20 compliance issues, including the Indian firm’s failure to dispose of some Russian assets and its $1.4 billion Disney cricket rights deal, before their India merger was scrapped, according to internal emails reviewed by Reuters.