Sony calls off merger with India media giant Zee

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“A deal collapse will have a negative impact on both parties as they were looking at scaling up in the Indian market which is going through a digital disruption and a potential threat of increased competition intensity if the Reliance-Disney deal goes through,” Karan Taurani, an analyst at Elara Capital, told Reuters.

https://www.bbc.co.uk/news/business-68054056?at_medium=RSS&at_campaign=KARANGA,

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