Zee Entertainment Enterprises

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Zee Entertainment Enterprises Limited
Public
Traded asBSE505537
NSEZEEL
IndustryMass media
Founded15 December 1991; 27 years ago (1991-12-15)
FounderSubhash Chandra
HeadquartersMumbai, Maharashtra, India
Area served
Worldwide
Key people
Subhash Chandra (Chairman)
Punit Goenka (MD & CEO)[1]
ProductsBroadcasting, publishing, cable, movie production
Revenue
  • Increase6,020 crore (US$840 million) (2016)
  • Increase 1,028 crore (US$140 million) (2016)
Number of employees
13,826 (2016)
ParentEssel Group
Websitewww.zeeentertainment.com

Zee Entertainment Enterprises Limited (formerly Zee Telefilms Limited) is an Indian mass media company 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 02 October 1991 and was previously known as Zee Telefilms until 2006, when it was renamed and the news and entertainment units were spun off into four smaller divisions. ZEEL currently operates over 34 different television channels, record label Zee Music Company, a production company (Essel Vision Production Limited as Zee Studios) and other businesses as well. It has expanded operations abroad, with several of its channels available in the UK and US as well as Africa and Asia.

In 2002 ZEEL acquired a majority stake (51%) in ETC Networks. In 2006, they acquired Integrated Subscriber Management Services Limited, and in November 2006, ZEEL acquired an interest (50%) in Taj television TEN Sports. In February 2010 ZEEL acquired an additional stake (95%) in TEN Sports.

As Zee Telefilms, the company formed part of BSE Sensex from 2000-2005. The news and regional entertainment channel business was spun off into a separate company in 2006 under the corporate banner Zee News Ltd (ZNL).

In May 2011, Star Den entered into a 50/50 joint venture with Zee Turner Limited and Zee Entertainment Enterprises Limited (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 2008, Zee Networks launched Zee Motion Pictures and Zee Limelight (now Zee Studios), for development, production, distribution and marketing of mainstream films in Indian languages including Hindi, Tamil, Telugu, Kannada, Malayalam, Bengali and Marathi.[2] Some of the productions of Zee Studios include Gadar: Ek Prem Katha, Natsamrat, Sairat and Rustom.

In 2015 Zee acquired Sarthak TV, an Odia language GEC.[3]

Zee Entertainment Enterprises launched the Bollywood movie channel Zee One dedicated to the German market on 28 July 2016. A Polish version is scheduled to follow in 2017.

In 2016, Zee launched Zee Mundo, the first ever Spanish-language Bollywood movie channel.

In 2017, ZEE acquired the majority of Reliance Broadcast Network and got the Big Magic, Big Ganga, Big FM, etc. from Anil Ambani's Broadcasting Network.[4] It also acquired 100 percent stake in two media entities, 9X Media and INX Music. [5]

Zee Entertainment Enterprises operates favourite 14 news channels and 65 entertainment channels.

A partially owned subsidiary, Diligent Media Corporation, is a publisher of Indian daily newspapers and news and entertainment websites. DMC is a joint venture between Zee and the Dainik Bhaskar Group.[6]

Recently, Zee Entertainment acquired US patent for a new digital technology, where the platform will offer immersive content, satisfying all five senses.[7]


Owned channels[edit]


References[edit]

  1. ^ "We want to Transform into an all round media company punit goenka". Business Standard. Retrieved 22 July 2017.
  2. ^ "Zee Group launches two motion picture production banners". Business of Cinema. 2008.
  3. ^ Zee Entertainment Acquires Sarthak Entertainment
  4. ^ Bindu D Menon. "Zee buys Anil Ambani's TV, radio biz for ₹1,900 cr | Business Line". Thehindubusinessline.com. Retrieved 2017-11-23.
  5. ^ "Zee Entertainment fully acquires 9X Media and INX Music in Rs 160-crore cash deal". Firstpost.com. Retrieved 2017-11-23.
  6. ^ "Indian Newspapers and News Sites". w3newspapers.com. Retrieved 18 October 2014.
  7. ^ Pinto, Viveat Susan (2018-10-23). "ZEE Entertainment acquires US patent for a new digital technology". Business Standard India. Retrieved 2018-10-23.

8. https://www.medianews4u.com/zeel-to-launch-tamil-movies-channel-zee-thirai-and-zee-thirai-hd/

External links[edit]