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Invesco’s requisition notice "invalid and illegal", says Zeel amid calls for EGM

Mumbai: The Board of Zee Entertainment Enterprises Ltd (Zeel) on Friday said Invesco's requisition notice is “illegal and invalid” and it has conveyed its inability to convene the extraordinary general meeting (EGM) to both the investors. The decision was taken in a meeting of the Board held on...

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NCLT responds to Invesco’s plea, directs Zeel to convene EGM

The National Company Law Tribunal (NCLT) on Thursday asked Zee Entertainment Enterprises Ltd (Zeel) to convene an extraordinary general meeting (EGM) as per the law. One of the largest shareholders of Zeel, Invesco had moved NCLT earlier this week against Zeel’s failure for not yet announcing a...

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Invesco approaches NCLT against Zeel, presses for EGM

The boardroom tussle at Zee Entertainment Enterprises Ltd (Zeel) rages on. One of its top investors, Invesco Developing Markets Fund has now moved the National Company Law Tribunal (NCLT) against the company for not yet announcing a date of the extraordinary general meeting (EGM).

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More media deals on anvil says Discovery CEO David Zaslav, as streaming war intensifies

Emerging fresh from the blockbuster deal that led to Discovery's merger with AT&T’s WarnerMedia, company's CEO David Zaslav said that media consolidation will only accelerate from here, and he intends to be a catalyst.

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Streaming war intensifies, as Amazon eyes MGM studios

US tech giant Amazon is in talks to acquire the “Bond studio” MGM to bolster its ambition in the streaming media, according to reports. The mega-deal is being orchestrated by Amazon Studios and Prime Video senior vice president Mike Hopkins, along with MGM board chairman Kevin Ulrich.

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