Sony India, Zee seal mega merger to take on streaming platforms

Sony India, Zee seal mega merger to take on streaming platforms

FILE PHOTO: Punit Goenka, CEO and managing director of Zee Entertainment Enterprises, attends a news conference before the Zee Cine Awards in Macau January 21, 2012. REUTERS/Bobby Yip/File Photo

Sony‘s India unit has finalised a deal with local rival Zee Entertainment to merge their television channels, film assets and streaming platforms, joining forces to take on the likes of Netflix and Disney in India.