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Zee Entertainment Enterprises

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Zee Entertainment Enterprises Ltd.
ZEEL
Company typePublic BSE: 505537, NSE: ZEEL
IndustryMass media
FoundedOctober 1992; 32 years ago (1992-10)
FounderSubhash Chandra
HeadquartersMumbai, Maharashtra, India[1]
Key people
Subhash Chandra (Chairman)
Mufaddal Kaizar (MD & CEO)
ProductsBroadcasting, publishing, cable, movie production
Revenue₹6,020 crore (US$720 million) (2016)[2]
₹1,028 crore (US$120 million) (2016)
Number of employees
1,826 (2016)
ParentEssel Group
Websitewww.zeetelevision.com

Zee Entertainment Enterprises Ltd. (ZEEL) is an Indian media and entertainment company based in Mumbai, Maharashtra, India.[1][3] It is a subsidiary of the Essel Group. The company's founder and managing director is Subhash Chandra and its current CEO, Mufaddal Kaizar. The Company has 35 channels serving Indian content across India and 169 countries, with the latest being World is One News.[4]

History

The company was launched on 15 December 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,[5] a cable company Siti Cable, a record label Zee Music Company, a production company 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).

Fox also holds an approximate 30% interest in Tata Sky Limited which owns and operates a DTH platform in India. The Company has a 50/50 joint venture, Star Den, with Den Networks Limited to perform channel placement services in India. 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".[6]

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

Movie productions

In 2008, Zee Networks launched Zee Motion Pictures,[7] an independent subsidiary of Zee Entertainment Enterprises focusing on development, production, distribution and marketing of mainstream films multiple Indian languages including Hindi, Kannada, Bengali, Telugu, Marathi, Tamil and Malayalam. Zee Motion Pictures also operates Zee Limelight.[7]

References

  1. ^ a b "Contact Us". zeetelevision.com. Retrieved 11 February 2011.
  2. ^ "Untitled Page". bseindia.com.
  3. ^ Kohli-Khandekar, Vanita. "Q&A: Punit Goenka, MD, Zee Entertainment Enterprises". Business Standard. BusinessStandard.com. Retrieved 18 June 2010.
  4. ^ "Zee Media names its Global English News Channel – 'WION' (World Is One News)". zeenews.india.com. 15 March 2016.
  5. ^ "Company News, Financial Results". zeetelevision.com. Zee Television Corporate Website. Retrieved 25 September 2016.
  6. ^ "Zee Music Company — Official YouTube Channel". YouTube. Retrieved 21 September 2015.
  7. ^ a b Hetal Adesara (2 March 2008). "Zee Group launches two motion picture production banners". Businessofcinema.com. Retrieved 10 August 2016.

Template:Major Indian companies

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