Unhappy with ZEEL-Sony mega merger, Invesco faces tough questions for proposal in board change
Zee News
Invesco lacks both a good proposal and relevant professional experience in the entertainment industry.
The entire market greeted the mammoth merger between ZEE Entertainment Enterprises Limited (ZEEL) and Sony Pictures Networks India (SPNI) with open arms last week, but Invesco remains adamant about changing the ZEEL Board of Directors.
Invesco lacks both a good proposal and relevant professional experience in the entertainment industry. The main question here is what Invesco's goal is with this move. The ZEEL board of directors has a who's who of the entertainment world, but Invesco lacks a large figure with significant experience in the media and entertainment sector. As a result of Invesco's plan, issues have arisen.
Let's have a look at proposed Board by Invesco and the experience that proposed members have:-
