NP Singh, the long-serving leader of Sony’s networks business in India, is stepping down from the C-suite. In an email seen by Deadline, he announced he is planning to step down as CEO and Managing Director of Sony Pictures Networks India (SPNI) after 25 years with the company. “Having reached many significant milestones with our team, I am now ready to focus on social change and shift from operations to advisory ones,” he wrote.
He will remain in post as his successor is sought, with Singh writing that SPNI had begun “a structured succession planning process” and that he hoped there would be “exciting news to share in the near future.
Finding the right fit is the top priority.” “I understand there will be speculation during this time, so I urge everybody to rely on our official updates,” he added. “We are committed to sharing timely and transparent information through our established channels and will communicate any definitive updates directly.” The news comes just months after Sony’s plan to merge its TV, film and streaming operations with ZEE Entertainment Enterprises collapsed at the eleventh hour.
Both sides said closing conditions were not satisfied and are now seeking financial recompense from the other. The $10B merger would have brought together the two companies’ linear TV networks, digital assets including streamers SonyLIV and ZEE5 Global, production operations and program libraries.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.