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ZEE-Sony merger will go through, whether I'm CEO or not, says Punit Goenka

The merger between ZEE and Sony will go ahead regardless of CEO Punit Goenka's position, as it will benefit 96% of the company's shareholders. Sony remains committed to the December 2023 contractual deadline, though a September merger had been previously proposed. The companies are currently at an advanced stage of integration, but regulations and non-compete agreements remain obstacles. The merger promises revenue benefitting from minimal overlap in viewership between the two networks and ZEE's mass appeal paired with Sony's premium and metro-centric network. Cost synergies will be gained from merging back ends of the digital sides and cross-marketing content.
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