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India’s Zee Entertainment (Zeel) should substantially reduce losses in its businesses, including its English TV channels, and cut costs in other areas to meet a key profit target, according to a company-formed review panel, the broadcaster said yesterday. The move — coming on the heels of a failed $10 billion merger with Sony India and […]
Zee Entertainment Enterprise Ltd on Saturday announced the resignation of Rahul Johri and changes in the revenue vertical of the broadcast business implemented by its MD & CEO Punit Goenka. Johri, who was President-Business of Zee Entertainment, and heading revenue and monetisation, has resigned after a stint of over three years, according to a statement […]
With a reach of 161 million views, a staggering 46 per cent of which being women viewers, Zee Entertainment has announced that the DP World ILT20 league continues to be the world’s second most watched franchise-based cricket competition. The tournament garnered an impressive reach of 161 million for its first 18 matches, 56 per cent […]
ZEE5 Global, a popular streaming platform, has introduced an exciting ‘Refer and Earn’ program for users in India and the United States, aiming to enhance the entertainment experience for its audience. The program invites subscribers to refer their friends and family in the US to sign up for ZEE5 Global, offering enticing benefits for both […]
India’s New Delhi Television Ltd (NDTV), part of the billionaire Gautam Adani-led Adani Group, reported a third-quarter loss yesterday, as businesses cut back on advertising spending. Companies diverted advertising spends to the cricket world cup during the quarter, hurting broadcasters that were unaffiliated with the tournament. Advertising is the biggest source of revenue for a […]
India’s Zee Entertainment has told Walt Disney it does not intend to move forward with a deal to pay around $1.4 billion for cricket TV rights it acquired from the US company, two people with direct knowledge of the matter said, according to a Reuters report. Zee told Indian stock exchanges in August that it had signed […]
