Page 16 - Zee Entertainment

Zee may divest 20% in OTT biz; eyes music, gaming segments to take on Jio

Zee has already put together an aggressive strategy to take on its rival Reliance Jio

The lines between media and tech are getting blurred: Subhash Chandra

We keep doing reviews of the business within the family and in the past 2-4 months, several approaches have been made (to buy a stake in Zee) and discussions have been held

Zee Entertainment promoters plan to sell up to 50% holding worth Rs 87.5 bn

Essel has decided to appoint Goldman Sachs Securities (India) Ltd as their investment banker and US and European based LionTree as an international strategic advisor for this exercise

ZEE Entertainment acquires US patent for a new digital technology

The platform will offer immersive content, satisfying all five senses

Strong growth in base biz powers Zee Entertainment's show in Sep quarter

Despite pressure, margins much ahead of estimates

OTT concerns to remain an overhang for Zee Entertainment; stock falls

Firm, however, has reiterated margins will remain steady near the 30%-mark despite OTT investments

ZEE Ltd reveals new channel bouquets in keeping with TRAI tariff order

As the deadline for implementing TRAI's new tariff order approaches, the entertainment network has revealed plans to launch multiple channel bouquets as required by the regulation

ZEE5 launch, ad growth key triggers for Zee Entertainment, stock falls

Attractive valuation makes the risk-reward favourable

ZEE appoints Animesh Kumar as chief people officer

Kumar's mandate includes taking steps to build a dynamic workplace and attract talent, enable innovative people practices, and support the growing workforce needs

Zee should be number one entertainment app by March 2019: CEO Punit Goenka

Punit Goenka spoke to BS on everything - from his worries to growth challenges

Zee Entertainment looks to 'derisk business from broadcasting'

Having built network dominance, the broadcaster shifts focus to generating new revenue drivers

Zee terminates 9X Media acquisition deal, says certain conditions unmet

In October last year, ZEEL entered into a definitive agreement to acquire 9X Media and INX Music for an all cash consideration of Rs 1.6 bn

Improving growth outlook, strong ad revenue are positives for Zee, Sun TV

Advertising revenue growth expected to be a strong 20% in March quarter and 14% in CY18

Zee Entertainment consolidates digital presence with streaming platform Z5

A global offering, the service will house library content form TV and films, and originals with features like browsing/search in 11 languages and voice-enabled search

Advertising growth revival in Q3 a key positive for Zee Entertainment

Firm has maintained revenue and subscription growth targets for FY18

Zee Entertainment Enterprises standalone net profit rises 5.89% in the September 2017 quarter

Zee Entertainment Enterprises standalone net profit rises 5.89% in the September 2017 quarter

Zee Entertainment Enterprises consolidated net profit rises 147.82% in the September 2017 quarter

Zee Entertainment Enterprises consolidated net profit rises 147.82% in the September 2017 quarter

Zee Entertainment acquires 9X Media, INX Music for Rs 160 cr

Punit Goenka led Zee Entertainment Enterprises Limited (ZEEL) has entered a definitive agreement to acquire 9X Media and its subsidiaries from Rivendell PE LLC (earlier known as New Silk Route) and the other shareholders through an all cash transaction amounting to Rs 160 crore. With this, ZEEL strengthens its music portfolio significantly. Currently, the network has Zing, a youth and music channel. Originally launched in the 1997 as Music Asia, the channel was then relaunched as Zee Music in 2000. In 2009 however, it underwent yet another name change and became Zing. In 2014, ZEEL re-positioned it from a music channel to a youth and music channel, a positioning it retains till date. 9X Media operates five music channels - 9XM (Hindi), 9X Jalwa (Hindi), 9X Jhakkas (Marathi), 9XO (English) and 9X Bajao (Hindi). The acquisition also includes INX Music, a 70.85 per cent subsidiary of 9XM engaged in the business of broadcasting a Punjabi music channel 9X Tashan. Besides significantly ...

Zee Entertainment acquires 100% stake in 9X Media, INX Music for Rs 160 cr

Besides, the company has also bought remaining 26 per cent stake in Zee Turner Ltd for Rs 2.6 lakh, a 74 per cent subsidiary of the company

Zee Entertainment: More GST pain likely in Q2

Advertising revenue growth below estimates in quarter as advertisers cut spends due to GST uncertain