Zee Media promoters safeguard stake as co issues 13.5 cr warrants

Zee Media Corp, the company that runs Zee branded news channels, has issued warrants for 13.5 cr shares to promoter group Subash Chandra family, further strengthening the promoters’ efforts to protect their position in the company. Currently, the company has around 62.54 cr outstanding shares. Out of this, only around 5.33 cr — or 8.52% […]

Zee Media gets nod for promoter stake boost, institutions oppose

Promoters of Zee Media Corp, the company that runs Zee branded news channels, have won shareholder nod to be allocated up to 13.5 cr warrants on shares, overcoming opposition from institutional investors. It was a month ago that the company’s board decided to put before shareholders a proposal that would see promoter group, the Subhash […]

Vakrangee to distribute ZEE5

IT service management company Vakrangee Limited, one of the main providers of the software equipment for voter id cards and Aadhaar cards, said that it has partnered with mass media firm ZEE Entertainment Enterprises Ltd. (ZEEL), for the “distribution and subscription” of ZEEL’s video on demand platform ZEE5 for its customers in 3,504 Nextgen Vakrangee […]

Would-be acquirers behind Zee Entertainment rumors?

Punit Goenka, the CEO and MD of Zee Entertainment Enterprises and part of the promoter group of the company, said recent controversies involving the promoters have not affected the determination of the promoters to find the right strategic partner for the media company. Goenka was responding to questions of whether international companies have been unnerved […]

Zee launches ‘nationalist’ news channel Hindustan with no TRP obsession

Zee Media Ltd, the news broadcasting company of the Essel Group, has launched Zee Hindustan, a self-described ‘nationalist’ Hindi news channel. Most Indian news channels are ‘nationalist’ already, and it is unclear how the new venture from the media house plans to be sufficiently different. “Indian Television Industry will witness the new age News business […]

Anil Ambani Group sells 2 TV channels, 59 FM stations to Zee

Subash Chandra’s Zee Group is buying the general entertainment channels and FM radio business of the Anil Ambani group. Because of lock-in provisions, the acquisition of 59 FM radio licenses will be done in two stages. The FM channels are being broadcast under the brand “92.7 BIG FM”, reaching to 45 cities, 1200 towns and […]

DNA newspaper gets new editor, to expand operations

Zee Media Corporation said Rohit Gandhi, who is heading the group’s English News Channel – WION as Editor-in-chief, will additionally take over the role of Editor-in-Chief of DNA newspaper. Gandhi said DNA will looking at expanding its operations. The paper does not publish from Delhi. “We are moving to expand our coverage and the editions of […]

Zee enters the English News market, takes on Times Now, NDTV

Putting an end to much speculation, Zee Media Corporation — the news arm of the Zee Group — today announced its intention to enter into English News Broadcasting with the appointment of Rohit Gandhi as Editor-in-Chief – English News Broadcast and Related Content. Zee had been expected to make this announcement for almost a year. […]