Entertainment
Zee Entertainment announces merger with Sony India
Zee Entertainment will hold 47.07 per cent, while Sony India will hold a majority stake of 52.93 per cent in the merged company, according to the statement.
Zee Entertainment signed a merger deal with Sony Pictures Networks India Private Limited, according to a regulatory filing by the media company to the stock exchanges on Wednesday, September 22. Zee Entertainment’s board of directors unanimously approved the merger between Sony Pictures Networks India and Zee Entertainment Enterprises Limited (ZEEL), in a board meeting held today.
Mr Punit Goenka will continue to be the Managing Director (MD) and CEO of the merged entity. The promoters of Sony India will have the right to appoint the majority of directors to the merged company.
Zee Entertainment will hold 47.07 per cent, while Sony India will hold a majority stake of 52.93 per cent in the merged company, according to the statement. Majority of the board of directors of the merged entity will be nominated by the Sony Group. Both the firms have agreed to a binding exclusivity for a period of 90 days – during which definitive agreements will be conducted and finalised. The merged entity will be a publicly listed company.
News Source : The Tribune
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Bollywood
Vijay Deverakonda and Mrunal Thakur’s Family Star opens with a first-day box office collection of more than ₹5 crore in India.
The first day of Family Star’s box office collection features Vijay Deverakonda and Mrunal Thakur’s Telugu film, directed by Parasuram Petla.
The Telugu film Family Star, directed by Parasuram Petla, has collected an estimated ₹5.75 crore nett in India on its first day of box office collection, marking an impressive opening day for the film.
Family Star reported a 38.45% Telugu occupancy on day 1, with Warangal having the highest occupancy (57.5%), followed by Visakhapatnam and Kakinada (56.75% each).
About Family Star
Parasuram Petla’s Family Star marks Vijay and Mrunal’s first collaboration, featuring a cast including Abhinaya, Vasuki, Rohini Hattangadi, Ravi Babu, and Divyansha Kaushik’s special appearance.
Govardhan Rao, the youngest brother of Vijay, manages his family’s finances while being cautious. However, when Mrunal’s Indu rents a part of his home, his life changes.
Family Star review
The Hindustan Times’ review of the movie Family Star, starring Vijay Deverakonda and directed by Parasuram Petla, suggests that the film struggles to make a mark or entertain, with issues reminiscent of Geetha Govindam (2018). The film tests patience and fails to maintain interest as it progresses.
The review criticizes the plot of Family Star, stating that it is thin and defies logic, making it difficult to enjoy. It also suggests that the film’s portrayal of middle-class life is caricaturish, as if it was written by someone unfamiliar with the realities of such a life.
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