Zee Business - Page 58 of 104 - Indian Broadcasting World

Punjabi film ‘Qismat 2’ to release on Zee5 on Oct 29

Posted on 5 years agoOctober 26, 2021 by IBW Admin

Punjabi actors Ammy Virk and Sargun Mehta- starrer romantic-drama film ‘Qismat 2’ will have its digital premiere on Zee5 on October 29, the streamer has announced. The film, directed by Jagdeep Sidhu, was released in theatres on September 23, which takes up the theme of unrequited love from ‘Qismat’ (2018) and follows the story of Shiv and Bani […]

Zee announces channel rates; keeps Zee TV, some driver channels out of bouquets

Posted on 5 years agoOctober 21, 2021 by IBW Admin

Zee Entertainment announced Sunday the rates of its TV channels to conform to regulator TRAI’s tariff regime (NTO 2.0), but has priced some driver channels like Zee TV and Zee Bangla (both SD and HD versions) over the mandated cap of Rs. 12 to take them out of the over 20 bouquets it has formulated. […]

Reliance admits was in talks earlier with Zee for merger; denies hostile takeover bid

Posted on 5 years agoOctober 21, 2021 by IBW Admin

In the season of statements, the latest one has come from billionaire Mukesh Ambani’s Reliance Industries Ltd. (RIL), followed by another one from Invesco that owns around 18 percent of Zee Entertainment. Reliance on Wednesday admitted, earlier in the year, it was in fact in talks with Zee Entertainment for a merger that fell through […]

Zee accuses Invesco for hypocrisy

Posted on 5 years agoOctober 21, 2021 by IBW Admin

India’s Zee Entertainment on Tuesday said top shareholder Invesco’s opposition to a proposed merger of the TV network with Sony’s India unit is hypocritical because the U.S. investment firm pitched a deal with similar terms earlier this year. Invesco’s “stance… runs contrary to the very deal Invesco was proposing itself a few months ago,” Zee Entertainment Enterprises […]

Zee admits in regulatory filing top shareholders want EGM

Posted on 5 years agoOctober 1, 2021 by IBW Admin

Zee Entertainment Enterprises said on Wednesday the company’s top shareholders have called for an extraordinary general meeting (EGM) of the company. Invesco Developing Markets Fund and OFI Global China Fund LLC have filed a petition with the National Company Law Tribunal’s Mumbai bench, Zee said in a stock exchange filing, Reuters reported from Bengaluru. As earlier reported […]

Zee-Sony proposed merger still has a long way to go, but raises hope

Posted on 5 years agoSeptember 25, 2021 by IBW Admin

The Zee Entertainment and Sony Pictures Network India proposed merger, where the latter would hold majority stake, has been creating headlines in the global media world and not just in India. So much so that an industry exec exulted this was right up there with the coming together of AT&T media biz and Discovery Inc. […]

EXCLUSIVE PHOTOS

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“This initiative will empower subscribers to pay online and subscribe to the channels they want to watch and get it activated on their TV sets in real-time without any delay. Without needing to undertake any software development, LMOs can approach Mobiezy for their pre-built and pre-integrated solution that uses NXTDigital’s news APIs and can be up and running with their own mobile apps within just a few days.”

RU Ediriwira, Group CTO, NXTDigital Limited

“With the launch of Partnership for Growth 3.0 we intend to expand our network with 40 new NXTHUBs, each offering up to 650 live TV channels and broadband. Our efforts are focused on harnessing the convergence of technologies, developing robust apps and creating new business models that will help the overall ecosystem, delivering the best experience to our subscribers. We hope to achieve a stronger foothold in the rural regions of the country and grow our subscriber base.”

N.K. Rouse, COO, NXT Digital Ltd

“One of the key principles of the Hinduja Group is ‘Partnership for Growth’. After 2.0 saw the launch of HITS to connect LMOs in even the most remote locations through the only satellite-based cable TV platform in India; 3.0 focuses not just on strengthening the overall ecosystem we have built, but harnessing the convergence of technologies – to be delivered through a national network of NXTHUBs. Video and broadband are only the beginning of the digital highway of services that we have developed for roll-out backed by a robust suite of innovative apps developed by service providers exclusively for our LMOs and subscribers.”

Vynsley Fernandes, MD & CEO, NXTDigital Limited

“Wireline broadband is becoming ever more important not only in connecting homes across the country but also small to large enterprises-to the digital economy. The NXTHUBs will be the perfect point-of-presence to offer broadband services to cater to these consumer needs.”

Yugal Kishore Sharma CEO, ONEOTT Intertainment Limited

Amazing and grim battle for survival. Guess it will end up in Supreme Court. All that NCLT asked Zee to do was to file a reply to Invesco petition for a EGM. Now this is getting too serious. So far Invesco has been hammered for demanding an EGM. What is Zee upto? Ofcourse my lawyer community knows better!