Why did Sony Cancel its Merger with Zee? | Vantage with Palki Sharma
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- čas přidán 22. 01. 2024
- Why did Sony Cancel its Merger with Zee? | Vantage with Palki Sharma
Sony's Indian unit has terminated its proposed merger with Indian media giant Zee Entertainment. The announcement was followed by a 31% drop in Zee's shares. Sony also announced that it would sue the Zee group for $90 million in damages. How did this much-hyped merger unravel? What will be the impact on India's media landscape? Palki Sharma tells you.
Also Read: www.firstpost.com/opinion/van...
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Sony | Zee Entertainment | Merger | Cancellation | Indian Media | Firstpost | World News | Vantage | Palki Sharma
#sony #zeeentertainment #merger #cancellation #indianmedia #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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The news becomes extra spicy when you know Palki Sharma worked at WION (owned by Zee Media)😜
😂
It becomes more spicy when you know she is still working under corrupted person🤪
❤YOU DO NOT HAVE TO FEAR DEATH IF YOU BELIEVE IN JESUS CHRIST, AND TRUST IN HIM WITH ALL YOUR HEART, BECAUSE HE ATONED FOR YOU FOR ALL YOUR INSULTS, THAT YOU WOULD OBTAIN PEACE WITH ALMIGHTY GOD, AND GO TO HEAVEN BY HIS GRACE!!!❤❤
First they will target free media, then they fight among themselves !
No Zee news and Zee media were different. Wion was under the Zee news division. The merger was between Zee media and Sony India
I did a Google search and found out that firstpost was established in 2011. But i came to know about firstpost only after palki sharma switched to it from wion. I guess she brought a sizeable audiance with her, thanks to her genuine journalism.
She maybe famous, but she is definitely biased
@@DineshGurijalaname one journalist who is not biased , and I will very lovingly explain to you why he or she is not.
@@DineshGurijala She is biased towards India. We have no problem in that
She admitted that in Trs podcast. She is definitely biased. And also gave a explanation for that which I think is funny😆😆
@@swaritthakare3081 yeah nobody is perfect, but you at least expect a journalist to state facts, when in wion she lied that BBC never documented about Britain's colonialism when in fact it did, and many other times as well. she also claimed that vande bharat is better than germany's trains.
I don't know if WION is to be blamed or its her.. either way what she is good at is presenting the news the way she does.
I know for sure palki will be on celebrating from inside, I remember when she resigned from wion, those clowns put lawsuits on her to stop her on basis on contract. Glad Palki won and cut her losses with them. Even I was thinking that something must have happened that first palki left than Sudhir Choudhury left zee, two biggest faces of zee broadcasting. Another Indian conglomerate going down due to mismanagement
Sudhir Choudhary isn't any less corrupt than zee group's father son duo.
I am happy Palki took the challenges persevered and won became strong and courageous to rise to greater prominence in the Media world. Congrats Palki I was not aware you survived all of this and came through victoriously to achieve the Managing Editor status at Vantage. Keep up the good work blessings.
❤YOU DO NOT HAVE TO FEAR DEATH IF YOU BELIEVE IN JESUS CHRIST, AND TRUST IN HIM WITH ALL YOUR HEART, BECAUSE HE ATONED FOR YOU FOR ALL YOUR INSULTS, THAT YOU WOULD OBTAIN PEACE WITH ALMIGHTY GOD, AND GO TO HEAVEN BY HIS GRACE!!!❤❤
@josepoika5388 great words spoken as the Lord was in control when everything in Palkis life was out of control. We give God thanks for bringing Palki victory at WION
Zee was Palkis employer , at WION , when she tried to leave they sued her 😂😂😂.Looks little personal when she talks about zee
Came here to say the same 😂
Why Wion fired her?
@@arbaz79 Due to workplace harassment she resigned.
@@arbaz79She left Zee, not fired by Zee
@@try_dc6366 like sexual harassment?
Punit goenka the culprit ...who just siphoned approx 1000 cr money for his personal use and he is not moving out of company promoter
Meanwhile in his jealousy and pride he wanted another Indian in Sony to step down. I swear Indians live off of pride instead of apologizing for their corruption and mistakes. It's that mentality and attitude that's opposite of how successful companies remain strong. As if they want to be tagged to a thief.
Just allegations.
It is easier said than done. Try setting up a company with hard work, pain and sweat, and then tell us how does it feel to have been kicked out of it just because of some allegations that have not even been proven. You are speaking with a typical employee mentality.
People saying just allegations don't know that SEBI already held him guilty, fined him and forbid him or his family from holding any key positions in the merged entity because of fraud
It's Punit Goyel I guess not Goyenka
Zee was afraid of Palki's growing influence😂😂 Now she gives back wat it means to b really scary😂
Yeah right, the entire world is afraid of Pakee and her army of whatsapp minions. That's why EVERYONE wants OUT from you.
News becomes more interesting when you realize that the presenter was a former ZEE (Wion) employee
Is wion a part of zee? Really?
Yes@@tbraghavendran
@@tbraghavendranyup
@@tbraghavendranyes it is
This is the best explanation
00:05 Zee Entertainment shares plunged 31% in one trading day.
00:48 Sony cancelled its merger with Zee
01:33 Sony cancelled merger with Zee due to missed deadline and legal dispute
02:09 Investigation into misuse of company funds led to Sony cancelling merger with Zee
02:52 Sony canceled merger due to leadership issues.
03:32 Sony-Zee merger would have been massive for the future of streaming.
04:14 Sony and Zee's merger cancellation is a setback for their plans in the media and sports industry.
04:52 Zee's cancellation impacts India Inc's reputation.
Why do you have so much free time.
Thanks
@@comfortable_eastI was thinking the same 😂
@@comfortable_eastSo do you.
Pointless unless you're preparing for something.
Sony can do whatever it chooses. Good for them suing Zee
SONY and TOYOTA are the most reputed Japanese brands worldwide and have been around for a long long time.
These companies are extremely sensitive to business ethics because there is a LOT at stake here.
For example even if Toyota "just" announces that its quarterly profit might be less by few percentages it immediately results in about 3000 to 5000 subsidiary companies shutting down in coming months around the world. Thats the level of business sensitivity these firms are accountable for.
So Palki is right, Indian companies certainly need to improve their standards and respect needs to be earned the hard way.
Lmao you should learn about Nissan scam,
Can't really trust the origin country,
It completely depends on board and runners of company
@@miraclemanoj Do you see Nissan in my comment. Check my comment again after you finish laughing like a Jackass.
@@miraclemanoj Maybe you have the habit of laughing at your own joke. Anyways after you are done laughing check my comment again to confirm whether you see Nissan anywhere.
How come SONY(Since year 1946) and TOYOTA(Since year 1937) always manage to find the right board members for last so many years.
As for Nissan, unfortunately you still haven't understood the details of the scam. I let you re-educate yourself on this.
Good luck!
@@ravicraoify thankyou unfortunately I don't have time to argue with you,
But blindly trusting the origin country of a company and saying they are good is simply stupi
@@miraclemanoj Also its simply stupid to shift the focus from company name to country of origin which was NEVER my point. I wonder why you still don't get it!
What's wrong with Indian companies. Same thing happened with Vedanta
Ouch! Respect is earned...This will hit them hard...
Looks like her departure from wion wasn’t amicable
She's finally achieved the catharsis she was expecting big time😉
What do u mean?
@@comfortable_east She was sued by Zee media
@@Alpha_Online I see, thanks.
ZEE BOO ZEEBOO😀😀😀😀
Why?@@Alpha_Online
One is corrupt and funds embezzler and other one is clean. How can merger go ahead ?
Which is what
@@kaxachianged5869 your ZEE executive
Respect is earned !!
Father son dholbaj people won't understand this. 😅
PROBABLY TODAY STOCK MARKET PROVED that ZEEL is nothing without SONY...
Sony is an honest company. Indian company are always shady
like your mom😂
We should be major holders in any foreign mergers we do, 50-51% minimum.
I bought Zee at 158 and will add more on the rise and even more on a further fall. Operators are waiting for weak hands to exit with news like this 😂
Either you are a bot or you're about to lose a lot of money on Zee. But keep betting on it bud!
Adani will step in and swallow Zee like NDTV 😂
Zee is big they have ott news sports etc adani wont spend that big amount on loss making induatry
At last I found a journalist speaking about ethics, transparency and standards in Indian media. Thank you Palki. Even in this globalization era Indian entrepreneurship is not learning lessons of corporate standards and transparency in the business. Indian businessmen mindset is typical. business is like a gambling for them. Ethics, morals, rules and regulations are not their cup of tea. Crooks are well suited for business in India than people with enterprising skills. We have seen black sheep like Neerav, Mehul, and Vijay Malaya bailing out of the system. There are more to come. 😎
Good thing I stopped myself from subscribing to zee yesterday
It was smart for those people who owned stock in Zee to cash out!
True 👍 Respect is earned 👌
This time it's personal.
I can see a hint of a smile being controlled. 😂
Viacom 18 parent company and boss of Palki Sharma … owned by Mukesh Ambani
So was there a trading halt ?
India is now becoming a safe heaven for these corrupted people. These people are also helping to destroy the image of india as a better place for investment.
The news is out because the case was filed by one of the biggest companies in the world(entertainment industry)
Palki Sharma is like... 'kaha ke lungi'😂😂😂😂
I got good insights about Ram Mandir and about Yogi Adityanath as well. Good Podcast
the same fate will happen with adani, Subhash Chandra was the closest Modi supporter, became bjp MP,now when foreign investors pulling money they are falling like house of card.
Some saying: Zee is deshbhakt channel , sudihir Chowdary is no 2 deshbhakt after arnab goswami. Vishwaguru modi ji must take action on sony .
I think this is attack on nationalist media entity🔥💥😇
Me : i dont know 😇
The news hits personal to Palki ma'am herself.
Palkhi jumped ship right before the crisis hit, kudos 🎉
Only one lesson "Respect is earned 🙏
Hi Palki,
Respect is due; that’s the law of nature; respect being earned is manmade, so man can pick and choose who he’ll respect.Just saying.
That’s unfortunate the stock price went down, buy I think Zee5 would do better on its own in the long term.
Every time I think of SONY, I think of Michael Jackson, who earned 50% of Sony. He had the rights to the Beatles catalog.
After, Sony wanted to buy the rights, but he wouldn’t sell. He experienced hell after that. He couldn’t even find a place to buy for him and children.
After he died, and well Sony bought the rights.
Now, Sony is suing ZEE5 for unfair business practice?
She always ends the video with nice one-liners
Always giving good insight news thank u
Why was the ban on Punit reversed?? Was he innocent?? Was he framed?? Adani was also investigated by SEBI, he is doing ok and off the hook although his brother manipulated stock prices and it was ok.
She is the perfect person to report this new!
with only 4% of equity this whole deal is now in the dustbin....can't believe....what other shareholders are doing in the company.....
PALKI IT SEEMS SOME PERSONAL GRIEVANCES COMING OUT. RESPECT IS EARNED. WELL NO DOUBT PG SHOULD BE KICKED OUT.
Feedback - Mz Palki's reporting style is pretty bothering to viewers, she is taking too much pauses and slowing down her speech unnecessarily. I call it poor quality reporting. Just inform the news plainly without creating unnecessary vexing expressions of slow speech and pauses. It never looks good.
I have seen multiple videos, she is doing the same thing in all of them. Viewers of authenticity won't like such reporting.
You think the illiterate bhakts like her and her viewers would know? It is so-called 'news' caters solely to them.
Palki, you can't just make up gravitas by speaking slow. Watched at 1.25x but it was still too slow, please speak faster.
What you need your TV and news channels in India independent ownership caring for Indians. Not other way around. See US or EU media ownership. No wonder independent channels are on the rise.
Somehow the role of market regulator is also under suspicious
Still they are roaming free and living happily while many middle class people lost crores
Since Bloomberg report shares were falling
So Palki..now we know why you quit Wion... Just now came to know about the legal battle you had face from others commenting.. Kudos to your courage... And thanks for your good journalism... More strength for you 💪
Simple explanation - Greed.
What a clown Zee is
NICE
Just too many small-time cons in India.
Love this woman
Palki jee ki jai ❤❤
Wion is of zee where Palki was previously
Imagine a minority shareholder decides the fate of all other shareholders, and is supported by the system so kong. Wonder what the regulator has been doing so long? He also wants to be CEO of the merged entity with allegations of siphoning money from the shareholders this is governance in india
Come on, it will be back after two years, again they will start taking
The three things make Palki excited:
1 China
2 Pakistan
3 Bad news about Zee
What about her “India is the best no matter what” nonsense?
I watched this video at 2x speed but still Palki's pause between sentence's lasts for 2 seconds.
If you're in India, go out tomorrow and buy Zee Stock, you will be richer in days to come.
Why not buy Sony India?
@@tbraghavendran no
Obviously to sue😶
Didnt she work in wion previously
A zee group youtube channel
Its on a race to the bottom.
It is all in crisis.
Why? A leader tussle (No proof only opinion)
Shares numbers. (No credible source nor reference points)
Which was the whole idea behind this deal (Opinion or fact).
Zee entertainment seems to have failed their test (Need i say more?)
Is this journalism or podcast?
Stop watching this channel and switch to actual news.
Next is Indian Music Directors to be Sued!!!!!
People: subscription to entertainment is not cheap. It cost your time!
That's why Sudhir Chaudhary left Zee News to Aaj Tak
Clearly, see your pain😅
Yeah pretty bad publicity not good for cooperation perspective Internationally
Finally Anil ji wil take over Zee.. ..ji Anil ji........😂
Karma for zee.Justice served to palki and sudhir chaoudhary sir.Mnay other unknown media persons and people who had connection with zee and latwr were cut off due to the mismanagement.
One share is on a Race to the bottom 😂😂
I think jio cinema is playing a game behind this drama
How could Sony do that to super power India! 😮😮😮😮😮
A bad deal is a bad deal, zee is a sinking ship
It didn't do it to India, just one company. Plenty of grabage and corupt companies in America.
Sorry to say but sony was right, a corrupt leader cannot lead the entity and that too when they own the majority. There's a lot of debt on Zee and it is not in the right condition. Misuse of nearly 1000 crore. And Sony hasn't done that to any company instead it was Sony who got betrayed by Nintendo.
No more stupid shas bahu or so called reality series and less cricket. 😊😊😅😅
This was personal for palki
How is this personal to her? She worked with them (zee). Had she had any personal relationship with anyone there?
I do remember quarrel between zee and tv18,
Now is the payback time from all its outlets.
Remove the vail
😂😂😂
Greedy people like Adani and Ambani have ruined it already. But we have plenty of such people 😂😂😂
Scammers everywhere.
First, all Indian journalists should take lessons from Palki.
They don’t know how to give news, how to debate. All India media is loud and hyper nationalist. They don’t give independent news. They yell during debates, loud music , dramatic speeches like this is some kind of action movie. Often ads cover half of the screen, their equipment is sh”””
On ground reporters just keep repeating few words, they present everything like this something out of this world.
And often quality is bad, some even walk in studio while giving news with dramatic over the top dialogues.
We need complete overhaul of Indian media. Reporters need to calm down when they interview someone, just see how they gang up and shove mic in mouth and don’t even ask meaningful questions
Choose your legal team carefully or you will suffer like sony.
#BoycottSony
😂😂😂😂Amazon fucked bye Ambani future retail deal.
Now Sony 😂nobody win against ambani now Zee go to nclt liquidate share then ambani bye in free like big bazar store taken in day time .
Share😂holder lost everything 😂
Who said Ambani will takeover zee?
@@HrithikSD4368 better stay away from share market if ur new or dont except too much from market u will die penny less if ur old in market.
It's all big corporate play to step down puneet Goenka , They succeeded in it .
Dev gandhi kind of fellow is coming all the time in youtube, how can we expect a good ceo for this merger.😂
Dev Gadhvi 😂
Godi media Zee 😂
Another pappu khan supporter 😂
Just giving way for adani to take over all news in india
Something fishy.
I don't care what happens to Zee and i don't watch Zee as it run by Hindi Ji's. Hindi Theriyadhu Poda.
Hahaha there is no Tamil based channel. Sun tv owned by Telugus. Better you can watch Makkal tv 😂😂😂
Adani buyout incoming or will it be Ambani this time. Either way it's the war of 2 businessmen.
Good job sony
Agree, a corrupt leader cannot lead and that too when Sony owns majority.
Indian company ZEEL defeated in India. But SONY won in India. Very bad news
It is not about Indian or Foreign Company it is about corruption in management...
Ga*ndu h kya bruh? Corruption ke liye maala pehnaye kya?
Palki is Allah of journalism
All this money and they still make shit.
Possible Spoiler No one - Jio played they are owned by Ambani
she is just bad mouthing her past employer
Zee ko lag gayi 🤣
Could have been ZENY = genie
Fooling the mass with 3% & lic etc doing bhajan
Palki, the most important thing is that we, India need genuine friends that will back us unconditionally.
Yes let's back someone unconditional even if they want to destroy humanity mentally. I guess fake news is more important than morals and values.
Cannot back corrupt thieves. Goenka has destroyed shareholder value and brought shame to our corporate sector