Zee Entertainment Enterprises Limited News
Zee Entertainment has approved the issuance of up to 16.95 crore fully convertible warrants to promoter group entities at Rs 132 each, raising Rs 2,237 crore.
With client-centricity at its core, the team at ZEE Brand Works aims to provide brands a holistic and wide range of branding, sales augmentation, customer acquisition, new launches, content creation, influencer and integration solutions.
Amit Goenka won the award for spearheading the growth of ZEE5.
21st Century Icon Awards is organised by Squared Watermelon Ltd.
Punit Goenka said ZEEL-Sony merger is in final stages
He said the merged entity will be largest entertainment media entity in the country
Punit Goenka has exposed Invesco's double standards.
In his letter, he clarified that Invesco representatives had approached him about a combination with a strategic group.
According to Punit Goenka, the deal has cost ZEEL's investors tens of thousands of crores.
Sadhu Samaj demanded ZEEL management to be with Subhash Chandra family
It flayed Invesco which is trying to take over the company
The religious body urged all stakeholders to find amicable solution to the issue
The MD and CEO of Zee Entertainment Enterprises Ltd (ZEEL) Punit Goenka said the company is looking forward to many more successful years ahead, on the day the company completed 29 years in business.
Invesco remains adamant about changing the ZEEL Board of Directors.
Invesco lacks both a good proposal and relevant professional experience in the entertainment industry.
Punit Goenka hailed the mega-merger deal between ZEEL and Sony Pictures
He said the deal will generate about $2 billion in revenue
Shareholding of ZEEL will be 47 per cent in the mega-merger, he said.
For the second quarter of FY20, ZEEL reported consolidated revenue of Rs. 21,220 million. Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) was Rs.6,929 million with an EBITDA margin of 32.7%. PAT for the quarter was Rs. 4,132 million.
For the first quarter of FY20, ZEEL reported consolidated revenue of Rs. 20,081 million.
Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) was Rs. 5,683 million with an EBITDA margin of 28.1%. PAT for the quarter was Rs. 2,917 million, the company said.
Customers of Vodafone Idea can now enjoy the entire content catalogue of ZEE5 thereby providing a seamless viewing experience via multiple devices.
The patented technology platform will bring alive home entertainment content for users across the world.
The actor says the channel understands "the pulse of the audience and has a wider reach across the states of Bihar and Jharkhand, where the viewers consume Bhojpuri content."
Rajya Sabha MP Subhash Chandra is amongst the leading lights of the global media and entertainment industry.
Hugely popular Indian family sitcoms "Hum Paanch" and "Bhabhiji Ghar Par Hain" are set to get a British and Anglo-Spanish adaptation respectively, Indian entertainment conglomerate Zee Entertainment Enterprises Limited (ZEEL) announced on Thursday.
The channel will also shortly launch a specially customised version of Zee.One, its dedicated Bollywood film and entertainment channel for Polish audiences.
Leading Indian content company, Zee Entertainment Enterprises Limited (ZEEL) on Monday announced that it has achieved the certification as a Great Place to Work® by the Great Place to Work® Institute, India.
Media conglomerate Zee Entertainment Enterprises today expanded its portfolio with the launch of a Telugu movie channel Zee Cinemalu, to cater to the growing Telugu speaking audience in US.
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