The media sector has drawn more investor interest following the approval of a merger between Sony s South Asian unit and TV broadcaster Zee Entertainment Enterprises Ltd. last month. That s paved the way for the creation of a $10 billion media behemoth and sent Zee s shares   which command a third of the sector gauge s weighting   up 50  this quarter.
Sony's merger with Zee Entertainment has boosted investor interest in the media sector, leading to a 50% surge in Zee's shares, which account for a third of the sector's weighting.