Bizasia; Sony CEO N P Singh: “Our journey towards the merger has been remarkable”

Story from Bizasia:

In the aftermath of the ZEE-Sony merger falling through this week, Sony CEO of Culver Max Entertainment Ltd (formerly known as Sony Pictures Network India) has sent an email to employees saying that the merger journey “has been remarkable”.

Sony officially called off the planned media merger after two years of talks, abandoning their effort to create an entertainment giant.

In the internal email, Singh says: “Our journey towards the merger has been remarkable, showing us how resilient and dedicated we can be when working towards a common goal. As we transition from this phase, I am, along with the senior management team, committed to setting the company up for a long-term, strong future. We will actively explore new organic and inorganic possibilities to strengthen our market presence.”

Singh continued: “Our immediate focus will be back on unleashing our full potential, continuing to craft content that not only engages our audience but also boosts subscriber growth and revenues, thereby nurturing a culture rooted in excellence, pivotal for our ongoing growth and success. We’ve always been at our best when innovating and pushing the boundaries of what we can achieve. The M&E world is constantly changing, and our journey is not just about adapting to change; it’s about leading it.”

He expressed gratitude to employees for their commitment and resilience. He said, “Your dedication is the driving force behind our success and the reason I have absolute faith in our bright future. Together, we have navigated challenges and celebrated triumphs, and this experience will be no different. Let us enter this next phase confidently and optimistically. We have a world of opportunities waiting for us, and I am excited to embark on this journey with you all.”