Sony GroupCalls Off Merger Between India Unit and Zee Entertainment

Sony Group has called off the merger of its Indian unit with Mumbai-based media company Zee Entertainment Enterprises, ending a yearslong effort to create a multibillion-dollar media powerhouse in the South Asian nation.

Sony Group has called off the merger of its Indian unit with Mumbai-based media company Zee Entertainment Enterprises, ending a yearslong effort to create a multibillion-dollar media powerhouse in the South Asian nation.