Plans by Sony, Zee to create $10b Indian media powerhouse faces delays, changes

Plans by Sony, Zee to create $10b Indian media powerhouse faces delays, changes

Pedestrians are reflected in a logo of Sony Corp outside its showroom in Tokyo, Japan, June 23, 2015. REUTERS/Yuya Shino

A full-scale antitrust review of plans to create a $10 billion media powerhouse in India by Japan’s Sony and Zee Entertainment could force concessions and prolong the process by months at a critical moment for the Indian company.