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Zee Entertainment Enterprises
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|
 Extraordinary Together | |
| Traded as | |
|---|---|
| Industry | |
| Founded | 15 December 1991 |
| Founder(s) | Subhash Chandra |
| Headquarters | Mumbai, Maharashtra, |
Key people | Subhash Chandra (Chairman) Punit Goenka (CEO)[1] |
| Products | Broadcasting, films, music, streaming, web portals |
| Revenue |  ₹8,413 crore (US$970 million) (2020)[2] |
 ₹1,103 crore (US$130 million) (2020)[2] | |
| ₹527 crore (US$61 million) (2020)[2] | |
| Total assets | ₹12,373 crore (US$1.4 billion) (2020)[2] |
Number of employees | 3,429 (2020)[2] |
| Parent | Essel Group (22.37%) Invesco Oppenheimer (11%) |
| Website | www |
| Footnotes / references [3] | |
Zee Entertainment Enterprises (formerly Zee Telefilms) is an Indian media conglomerate owned by Essel Group. Headquartered in Mumbai, it has interests in television, print, internet, film, mobile content and allied businesses.
History[edit]
The company was launched on 15 December 1991 as Zee Telefilms, brandname that was retained until 2006. In 2002, the company acquired a majority stake (51%) in ETC Networks. In 2006, they acquired Integrated Subscriber Management Services Limited, and in November 2006, it acquired an 50% stake in Taj television, owner of TEN Sports. On that same year, the company was rebranded as Zee Entertainment Enterprises.
In February 2010, the business acquired an additional stake (95%) in TEN Sports.
In 2008, Zee Networks launched Zee Motion Pictures and Zee Limelight (now Zee Studios) for the development, production, distribution and marketing of mainstream films in Indian languages, including Hindi, Malayalam, Tamil, Telegu, Kannada, Bengali and Marathi.[4] Some of Zee Studios's productions include Gadar: Ek Prem Katha, Natsamrat, Sairat and Rustom.
As Zee Telefilms, the company formed part of BSE Sensex from 2000 to 2005. The news and regional entertainment channel business was spun off into a separate company in 2006 as Zee News.
In May 2011, Star Den entered into a 50/50 joint venture with Zee Turner and Zee Entertainment Enterprises (ZEEL) to distribute and market all channels owned by the company and ZEEL, their respective affiliated channels and other third-party channels in India, Nepal and Bhutan.
It also owns a music label, Zee Music Company.
In 2015 Zee acquired Sarthak TV, an Odia-language pay-television channel.[5] One year later, on 28 July 2016, it launched Zee One, aimed at the German market. A Polish version of the channel was launched in 2017.
In 2016, Zee launched Zee Mundo, a Spanish-language Bollywood movie channel targeting Latin America.
In 2017, the company acquired the majority stake of the Reliance Broadcast Network.[6] It also planned to acquire 9X Media in October 2017 for the cost of ₹160 crore, however the plan fell through in March 2018.[7][8] A partially-owned subsidiary, Diligent Media Corporation, is a publisher of Indian daily newspapers and websites. DMC is a joint venture between Zee and the Dainik Bhaskar Group.[9]
Operated channels[edit]
Present channels[edit]
| Channel | Language | Category | SD/HD availability | Notes |
|---|---|---|---|---|
| Zee TV | Hindi | General Entertainment | SD+HD | |
| & TV | ||||
| Zee Anmol | SD | |||
| Big Magic | Rebranded soon as Zee Josh | |||
| Zee Morning | ||||
| Zing | Music | Formerly known as Zee Music | ||
| Zee Cinema | Movies | SD+HD | ||
| Zee Action | SD | |||
| Zee Bollywood | ||||
| Zee Classic | ||||
| &pictures | SD+HD | |||
| &xplor HD | HD | |||
| Zee Anmol Cinema | SD | |||
| Zee Café | English | General Entertainment | SD+HD | Formerly known as Zee English |
| &Flix | Movies | Formerly known as Zee Studio | ||
| &privé HD | HD | |||
| Zee Zest | Hindi, English | Lifestyle | SD+HD | Formerly known as Living Foodz and Zee Khana Khazana |
| Zee Marathi | Marathi | General Entertainment | ||
| Zee Yuva | SD | |||
| Zee Talkies | Movies | SD+HD | ||
| Zee Chitramandir | SD | |||
| Zee Vajwa | Music | |||
| Zee Tamil | Tamil | General Entertainment | SD+HD | |
| Zee Thirai | Movies | SD | HD version coming soon | |
| Zee Telugu | Telugu | General Entertainment | SD+HD | |
| Zee Cinemalu | Movies | |||
| Zee Keralam | Malayalam | General Entertainment | ||
| Zee Kannada | Kannada | |||
| Zee Picchar | Movies | SD | HD version coming soon | |
| Zee Bangla | Bengali | General Entertainment | SD+HD | |
| Zee Bangla Cinema | Movies | SD | ||
| Zee Sarthak | Odia | General Entertainment | Formerly Sarthak TV | |
| Zee Punjabi | Punjabi | |||
| Zee Ganga[10] | Bhojpuri | Formerly Big Ganga | ||
| Zee Biskope | Movies | |||
| Zee News | Hindi | News | SD | HD version coming soon |
| Zee Hindustan | ||||
| Zee Business | ||||
| WION | English | HD version coming soon | ||
| Zee 24 Ghanta | Bengali | |||
| Zee 24 Taas | Marathi | |||
| Zee 24 Kalak | Gujarati | |||
| Zee Odisha | Odia | |||
| Zee Rajasthan | Hindi | |||
| Zee Uttar Pradesh Uttarakhand | ||||
| Zee Madhya Pradesh Chhattisgarh | ||||
| Zee Punjab Haryana Himachal | ||||
| Zee Bihar Jharkhand | ||||
| Zee Salaam | Urdu |
International channels[edit]
| Channel | Language | Category | Notes |
|---|---|---|---|
| Zee World | English | General Entertainment | |
| Zee Smile | Comedy | ||
| Zee Bollynova | General Entertainment | ||
| Zee Bollymovies | Movies | ||
| Zee Magic | French | General Entertainment | |
| Zee One | German | Defunct | |
| Zee Bioskop | Indonesian | ||
| Zee Mundo | Spanish | Movies | |
| Zee Sine | Filipino | ||
| Zee Alwan | Arabic | General Entertainment | |
| Zee Aflam | Movies | ||
| Zee Bing | Thai | General Entertainment |
Defunct/Former channels[edit]
| Channel | Language | Category | SD/HD availability | Notes |
|---|---|---|---|---|
| Zee Next | Hindi | General Entertainment | SD | |
| Zindagi | Only digitally available now[11] | |||
| Zee Smile | Formerly known as Smile TV | |||
| Zee Jagran | Devotional | |||
| Zee Premier | Movies | Formerly known as Premier Cinema | ||
| ZeeQ | Kids | |||
| Zee Muzic | Music | Repraced with Zing TV | ||
| Zee ETC Bollywood | Formerly known as ETC, then ETC Bollywood | |||
| Zee Khana Khazana | Lifestyle | Replaced with Living Foodz | ||
| Zee Studio | English | Movies | Formerly known as Zee MGM, then Zee Movie Zone | |
| Zee Select | Formerly known as MX | |||
| Zee Trendz | Lifestyle | Formerly known as Trendz TV | ||
| Zee Sports | Sports | Replaced with TEN Action+ | ||
| Zee Gujarati | Gujarati | General Entertainment | Formerly known as Alpha TV Gujarati | |
| Living Foodz | English, Hindi | Lifestyle | SD+HD | Replaced with Zee Zest |
| Living Travelz | SD | |||
| Zee ETC Punjabi | Punjabi | General Entertainment | Formerly known as ETC Punjabi | |
| Zee 24 Gantalu | Telugu | News | ||
| 9X | Hindi | General Entertainment | Acquired from 9X Media |
Recent developments (2019–present)[edit]
In February 2019 media reported that Essel Group was in talks to sell[12] their shares from the Zee Entertainment Enterprises to save from the debt.
Sony Corporation, Comcast-Atairos, a firm lead by American cable giant Comcast were shortlisted for the bid. However, they were competing with technology giant Apple and Reliance Industries among others.
Top Sony officials including Mike Hopkins, chairman of Sony Pictures Television,[12] and Tony Vinciquerra, chairman of Sony Pictures Entertainment, had visited Subhash Chandra and his family at his residence shortly after Chandra announced his intent to sell half of the promoter holding in Zee Entertainment Enterprises to a global strategic investor.
On April 2 reports said that[13] some other promoters[14] were willing to sell their shares worth ₹332 crore.
On April 3 media reported Sony and Zee Entertainment Enterprises deal off[15] amid valuation differences which opened the door for Comcast-Atairos.
On August 1 media reports Invesco Oppenheimer Fund to buy 11% stake in Zee Entertainment[16]
References[edit]
- ↑ "We want to Transform into an all round media company punit goenka". Business Standard. Retrieved 22 July 2017.
- ↑ 2.0 2.1 2.2 2.3 2.4 https://www.moneycontrol.com/india/stockpricequote/mediaentertainment/zeeentertainmententerprises/ZEE
- ↑ "Zee's FY19 earnings may aid better valuation". www.fortuneindia.com.
- ↑ "Zee Group launches two motion picture production banners". Business of Cinema. 2008.
- ↑ Zee Entertainment Acquires Sarthak Entertainment
- ↑ Bindu D Menon. "Zee buys Anil Ambani's TV, radio biz for ₹1,900 cr | Business Line". Thehindubusinessline.com. Retrieved 23 November 2017.
- ↑ Bureau, Our (6 October 2017). "Zee to acquire 9X Media, its arms for ₹160 cr". The Hindu Business Line. Retrieved 18 November 2017.
- ↑ "ZEE terminates 9X Media acquisition".
- ↑ "Indian Newspapers and News Sites". w3newspapers.com. Retrieved 18 October 2014.
- ↑ "ZEEL rebrands Big Ganga to Zee Ganga - Exchange4media". Indian Advertising Media & Marketing News – exchange4media. Retrieved 18 August 2021.
- ↑ Delhi, BestMediaInfo Bureau; July 17; 2020. "Zee announces return of content brand Zindagi on Zee5". www.bestmediaifo.com. Retrieved 16 May 2021.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ↑ 12.0 12.1 https://economictimes.indiatimes.com/industry/media/entertainment/media/comcast-atairos-sony-shortlisted-for-stake-sale-talks-by-zee-entertainment/articleshow/68056312.cms
- ↑ https://economictimes.indiatimes.com/markets/stocks/news/zee-entertainment-shares-wobble-after-share-sale-by-promoters/articleshow/68681842.cms
- ↑ https://www.moneycontrol.com/news/business/stocks/zee-entertainment-down-3-after-promoters-sell-stake-3744761.html
- ↑ https://economictimes.indiatimes.com/industry/media/entertainment/sony-zee-deal-off-for-now-amid-valuation-differences/articleshow/68697156.cms
- ↑ https://www.livemint.com/companies/news/invesco-oppenheimer-fund-to-buy-11-in-zeel-for-rs-4-224-crore/amp-1564577772129.html
External links[edit]
- Entertainment companies of India
- Film production companies based in Mumbai
- Television broadcasting companies of India
- Television production companies of India
- Television stations in Mumbai
- Indian companies established in 1991
- Entertainment companies established in 1991
- Essel Group
- Former News Corporation subsidiaries
- Television networks in India
- Television stations in Delhi
- Television stations in New Delhi
- Mass media companies based in Mumbai
- Companies based in Mumbai
- Mass media companies established in 1991
- Television channels and stations established in 1991
- Mass media companies of India
- Zee Entertainment Enterprises
- 1991 establishments in Maharashtra
- Companies listed on the National Stock Exchange of India
- Companies listed on the Bombay Stock Exchange