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Tag: Zee Business

  • ZMCL to launch English news channel for global audience

    ZMCL to launch English news channel for global audience

    MUMBAI: Zee Media Corporation Limited (ZMCL) is looking at expanding its portfolio of news channels. The network is prepping itself for an English news channel now, albeit for the global audience. 

     

    “I have been harbouring this thought of starting a global news network in English for the global audience but with an India point of view,” said Essel Group chairman Dr Subhash Chandra. 

     

    The network is currently working on the channel. “We will announce the launch soon, it could be any week or any month,” added Chandra. 

     

    The channel could be launched with or without a partner, informed Chandra adding that the channel will first launch in India and then have a global presence. “We will start with our nation and then go global,” he said. 

  • Chrome Data: English entertainment channel genre sees growth in OTS

    Chrome Data: English entertainment channel genre sees growth in OTS

    MUMBAI: Week 12 of opportunity to see (OTS) collated by Chrome Data Analytics & Media, saw a spike in the English Entertainment channels genre in the eight metros. With a 11.3 per cent growth, the genre was led by Comedy Central with 54.7 per cent OTS. 

     

    This was followed by the English movie space, which grew by 4.9 per cent in the eight metros. Movies Now topped the category with 67.1 per cent OTS.

     

    English News channels in the eight metros too saw a hike and noted 2.6 per cent with Times Now leading the chart with 76.7 per cent OTS.

     

    Last but not the least; Infotainment channels saw a growth of two per cent in all India with Discovery topping the chart with 82.8 per cent OTS.

     

    Talking about the losers this week, Business News channels in the eight metros and Hindi News channels in the Hindi Speaking Market (HSM) saw a dip in their OTS. While Business News channels dropped by one per cent OTS, the Hindi news channels dropped by 0.4 per cent OTS.

     

    In the Business News channel space, Zee Business topped the chart with 81.3 per cent OTS, while ABP News topped in the Hindi news channels with 95.9 per cent OTS.

     

  • Zee Media Q2: posts 76 per cent growth in ad revenues

    Zee Media Q2: posts 76 per cent growth in ad revenues

    MUMBAI: Zee Media Corporation (ZMCL) has reported a 57.9 per cent rise in its operating revenue (Total Income from Operations – TIO) in Q2-2015 to Rs 131.12 crore from Rs 83.02 crore in the corresponding quarter last year (Q1-2014) and a one per cent drop than the Rs 133.46 crore reported in the trailing quarter (Q1-2015).

    The Company posted a 76 per cent growth in its advertising revenue to Rs 93.14 crore (71 per cent of TIO) in Q2-2015 as compared to Rs 52.92 crore in Q2-2014 and 16 per cent rise from the Rs 80.1 crore in Q1-2015. The ad revenue from existing channels reported a 42 per cent rise at Rs 68.58 crore versus Rs 48.28 crore in the corresponding quarter last year while the ad revenue from new channels posted a 62 per cent fall at Rs 2.52 crore as compared to Rs 6.64 crore in Q2-2014.

    The subscription revenue for the company grew by 12.8 per cent to Rs 28.07 crore in the current quarter versus Rs 24.90 crore in Q2-2014. The subscription revenue from the existing channels at Rs 24.62 crore was 1.1 per cent less than the Rs 24.90 crore in Q2-2014.

    The media corporation posted a Rs 12.8 crore loss in the current quarter as compared to Rs 14.57 crore loss in Q1-2015 and a profit of Rs 4.27 crore in the corresponding quarter last year (Q2-2014).

    Zee Media posts revenue from two segments: print and television.

    For television business, the company reported total revenue of Rs 98.56 crore, 51 per cent less than the Rs 202.43 crore in Q2-2014 and 5 per cent less than Rs 103.87 crore in Q1-2015.

    While for the print business, it posted total revenue of Rs 32.59 crore for Q2-2015 which was 47.5 per cent below the Rs 62.18 crore reported in Q2-2014 and 10 per cent more than Rs 29.59 crore, the total revenue in Q1-2015.

    The total expenditure for the company in Q2-2015 rose 65.5 per cent at Rs 125 crore from Rs 75.54 crore. The total expenditure for the television segment was reported at Rs 88.05 crore, while for the print segment it was at Rs 36.95 crore in Q2-2015. The total expense for the existing channels is 11.2 per cent at Rs 75.41 crore in Q2-2015 from Rs 67.84 crore in Q2-2014 while for the new channels; the expenditure has been reported at Rs 12.65 crore in Q2-2015, 64.2 per cent higher than the Rs 7.7 crore in Q2-2014.

    The cost of goods and operations for the current quarter increased 70.6 per cent at Rs 29.02 crore (23.2 per cent of TIO) versus Rs 17.01 crore (22.5 per cent of TIO) in Q2-2014.

    The employee cost for the quarter was reported at Rs 41.67 crore (33.3 per cent of TIO), 68.97 per cent more than the Rs 24.66 crore (32.6 per cent of TIO) in Q2-2014.

    The company posted its other expenses at Rs 54.31 crore (43.5 per cent of TIO) which was 69.34 per cent per cent more than the Rs 33.87 crore (44.9 per cent of TIO) in Q2-2014.

    The EBITDA for the company fell 18.2 per cent at Rs 6.12 crore in Q2-2015 versus Rs 7.48 crore in Q2-2014. The EBITDA for the existing channels have been reported at Rs 20.62 crore. For the new channels EBITDA is at a loss of Rs 10.13 crore in the current quarter versus a loss of Rs 3.06 crore in Q2-2014. The EBITDA for the existing channels is up by 95.6 per cent as compared to Rs 10.54 crore in Q2-2014.

    Speaking about the earnings for the current quarter, ZMCL non-executive chairman Subhash Chandra said, “Even as GDP growth in the second quarter is likely to be lower than that in the first quarter of this financial year, domestic industry is likely to witness improved margins which help in developing the investment climate in the country. With India emerging as the only country in the BRICS block to pick up a growth momentum, foreign investors are expected to inject the much needed funds into the system. The honorable Prime Minister’s recent visit to Japan and the US are also likely to augment the same. The mood of public as well as business confidence has improved in general. Providing further buoyancy to the economy is the new hope on the horizon that inflation may finally start softening on the back of steady fall in international crude oil prices and easing of food inflation in the second quarter. A vibrant economy, helped by government’s policy push, will benefit the media and entertainment industry in the mid to long run.”

    The company reached 146.7 million viewers across India and continues to be the largest news network riding on the strength of its two national, eight regional news channels, DNA newspaper and its digital platforms – zeenews.com, dnaindia.com, Facebook, YouTube and Twitter, the press release stated.

     

      Click here for Financial Statement

     

  • Zee Media launches the ‘Dr Subhash Chandra Show’

    Zee Media launches the ‘Dr Subhash Chandra Show’

    MUMBAI: Always dreamt of being a pioneer and establishing your own business but don’t know how to go about it? Look no further as Zee Media is here with the Dr. Subhash Chandra Show. This one hour programme will see the television industry stalwart Dr. Subhash Chandra engage with the youth and share ideas that will help young entrepreneurs and aspiring minds for business.

     

    The latest offering by Zee Media, Dr. Subhash Chandra Show will kick off this weekend and will be aired on Saturday at 10 pm on Zee News and 7pm on Zee Business and on Sundays at 11 am on both Zee News and Zee Business.  This show will also be telecast on other channels of Zee Media.

     

    Starting with just Rs 17 and building an empire called Essel Group which is worth $3.5 billion, Dr. Subhash Chandra is among the leading lights of the Indian industry. A self-made man, Dr. Chandra has consistently demonstrated his ability to identify new businesses and lead them on the path to success.

     

    It takes immense courage and motivation to shape ideas into reality. From trading goods, setting up a packaging industry to opening up theme parks and multiplexes, and creating India’s largest and most profitable TV media group and launching an English newspaper, Dr. Chandra has travelled a long way. Known for his exemplary business skills, he is never afraid to grow new businesses from scratch.

     

    Imparting this bold and courageous attitude and confidence to young budding businessmen of the country, Dr. Chandra will be throwing light on his business strategies and sharing his knowledge and understanding of the business scenario. He will give his valuable tips and answers towards establishing a business and various issues related to it.

     

    It was his vision that helped give birth to the satellite TV industry in India and inspired others to follow suit. He was the first in India who sought to harness the huge business potential of satellite television channels and launched Zee Telefilms in October 1992 as a content supplier for Zee TV – India’s first Hindi satellite channel. Before the launch of Zee TV viewers in India were under the firm grip of Doordarshan, the state-controlled terrestrial network. 

  • Celebrate Freedom on 15th August with ‘Zee Business Brandstand’

    Celebrate Freedom on 15th August with ‘Zee Business Brandstand’

    MUMBAI: As India prepares to celebrate its 67th Independence Day, Zee Business a part of Zee Media Corporation Limited, India’s largest news network announces the launch of its first ever and biggest property of the year ‘Zee Business Brandstand’ a television series that will focus on brands. This unique platform will also bring brands, and people together. The show will provide viewers with a unique insider’s view of brands as it stands.  

    What more! To mark the celebration of freedom, ‘Zee Business Brandstand’ is to kick off on 15th August, 2014 which is to invite creative participation from across genres / viewers based on the theme of Indian Independence and what according to them freedom means. It is also to salute and reward such creative ideas that revolve within while articulating them.

    Creative entries can be submitted as posters, illustrations etc via online (participants to share their creative material in jpeg format at brandstand@zeemedia.esselgroup.com) and that will be evaluated by a panel of doyens of the advertising industry.

     

    Speaking on this occasion, Zee Media CEO Samir Ahluwalia said, “Creativity knows no bounds, and it remains dormant unless challenged. At Zee Business we take this plunge by inviting, including, and involving people to take a shot at creativity that just might fire some big ideas. We hope that through Zee Business Brandstand we will have the opportunity to witness some of the brave ideas or thoughts.”

    Winner(s) of the contest will have a chance to be a part of show on the 15 August eve who will have a chance to share their thoughts that has inspired them to such a creative rendition and will also have chance to win exciting prizes.  

    So, let your creative juices flow and let your visual imagery create a lasting imprint.

    Participants can send in their entries at brandstand@zeemedia.esselgroup.com and the last date to submit entries is 12 August, 2014.

  • Zee Business to bring the most comprehensive budget analysis

    Zee Business to bring the most comprehensive budget analysis

    MUMUBAI: With the new dispensation in place the aspirations of the common man is soaring high, Zee Business (part of India’s largest News Network, Zee Media Corporation Limited) India’s No. 1 Hindi business news channel will bring the most comprehensive budget analysis for its viewers on the budget day.

     

    Zee Business will telecast the pre Budget discussions and analysis from 7 am onwards and will bring in live and uninterrupted coverage of the Hon’ble Finance Minister Budget Speech from 11 am onwards.   The channel will articulate, analyse and keep the common man abreast of all the impacts that Budget is going to have on their daily lives.

     

    Interestingly themed as the “Abki baar, sapne sakaar”, Zee Business will have expert panel, business leaders and corporate captains throughout the day to give their expert advice. Post the Finance Minister’s speech, Zee Business will undertake a series of power packed Budget Bulletins. Some of these bulletins will comprise of high power panel discussions and will involve expert comments from the nation’s top business leaders and policy makers.  Some of the key Ministers holding important portfolios have already appeared and shared their views, and will also do so during post-Budget analysis programmes. To name a few are Hon’ble Minister of Power, Coal, New & Renewable Energy, Sh. Piyush Goyal, Hon’ble Minister of Information & Broadcasting, Sh. Prakash Javadekar and Hon’ble Minister of Commerce & Industry, Smt. Nirmala Sitharaman.

     

    Further, special shows has been conceptualized which are thoroughly researched from industry point of view without losing the ground reality and its impact on the common man.  Expert opinions, industry perspective viz – a – viz market reaction and informative bulletins will be telecast.

     

    What’s more, Zee Business will focus strongly on adding value to the viewer experience and building interactivity on the day of India’s most important economic event, the channel will organize a viewer’s engagement program throughout the day from different parts of the country. Here, commoners get a voice to air their reaction and feedback on the pertinent issues on budget. The channel will undertake post – budget analysis including, which will help the audiences to decipher their expectations.

     

    Mr. Samir Ahluwalia, Chief Executive Officer, Zee Media Corporation Limited said, “With clear understanding of the expectations of the India Inc. as well as indications of the common man, Zee Business is poised to present a comprehensive Budget coverage. Through special programming & initiatives focusing on budget expectations, analysis & impact, Zee Business will once again ensure specialized coverage on Budget Day.”

  • Zee Business Unveils The most promising Budget Survey

    Zee Business Unveils The most promising Budget Survey

    NEW DELHI: Zee Business (part of India’s largest News Network, Zee Media Corporation Limited) India’s No. 1 Hindi business news channel has taken a lead further by digging deeper relating to news for its viewers spread in India as well as abroad. The business news channel has conducted a nation wide survey in nine cities (Delhi, Mumbai, Ahmedabad, Kolkata, Patna, Jaipur, Chandigarh, Indore and Lucknow) comprising of industry experts as well as common man to capture mood of masses relating to the forthcoming Union Budget.

     

    A quantitative survey, using a structured questionnaire was administered to CXOs from top 500 companies and SMEs to sense and understand the kind of Budget do industry captains and top honchos expect.

     

    The telephonic survey was conducted with the best minds from India Inc., Indian and global markets, industry experts, economists, intelligentsia as well as chief wage earners (CWEs), housewives/ working women and students. Zee Business unravels the initial expectations of India’s economic future and its subsequent impact based on industry reactions, citizen demands, market implications and expert opinions.

     

    As the world is watching, expectations are running high for Prime Minister Narendra Modi for bringing the Indian economy back on track. It will be a litmus test for the new dispensation as they had promised to millions of Indians before getting the mandate of serving the largest democratic country of the world. Will Narendra Modi and Arun Jaitley stand tall with these expectations revealed? The world is watching!

     

    To know more, watch the ‘Big Story’ on 4th July, Friday where nation’s budget expectations will be unearthed by the Nation’s No.1 Hindi Business News Channel Zee Business.

  • Zee Business Awarded as Best Commodity Channel

    Zee Business Awarded as Best Commodity Channel

    MUMBAI: Zee Business part of India’s largest News Network, Zee Media Corporation Limited (formerly Zee News Ltd.) has been honoured by the Commodity Participants Association of India (CPAI) with a prestigious award ‘Best Commodity Programming’ for its contribution to commodity business in a glitterati ceremony in New Delhi. The award is in recognition of Zee Business’s tireless efforts to abreast the common man on the latest developments of the commodity market. Zee Business has been grooming and developing commodity future markets for the past 9 years.

     

    The award felicitated by the CPAI is to honor the efforts undertaken by the channel in providing futuristic trends, headwinds to the viewers. The channel telecasts a half an hour program based on commodities, known as ‘Mandi Live’ daily at 11.30 am and 5.30 pm respectively along with daily six commodity updates.

     

    The program ‘Mandi Live’ has been conceptualized by Zee Business with an aim to provide news, tips and strategy on commodities. However, there are six updates daily which cover entire commodity future & spot market space.

     

    The main focus of ‘Mandi Live’ programming is on ‘how to make money’ while incorporating market recommendations given by various broking houses as well as news updates.

     

    Speaking on this occasion, Mr. Amish Devgan, Editor Output said, “At Zee, we are driven by a strong consumer focus. Mandi Live has been conceptualized to engage viewers with on-going market trends, predictions and analysis. We are honoured to receive this award, for it shows our commitments towards our innovations in making quality programme which has been attracting huge viewership. We are known for quality reporting and this award once again motivates our zeal to work towards improving the quality of program”.

  • Jitesh Rajdeo quits Zee Media

    Jitesh Rajdeo quits Zee Media

    MUMBAI: After dedicating 14 years to the company, Zee Media chief sales officer Jitesh Rajdeo has decided to move on. He is currently serving his notice period and according to sources his next stop will be Amagi Media.

     

    Rajdeo took over the role of chief sales officer in February last year for the entire bouquet of Zee News, Zee Business, Zee 24 Taas, Zee News UP, Zee News Punjabi and Zee 24 Ghanta. Prior to this, he was the chief revenue officer at DNA. 

     

    He has worked at various places including Mukta Advertising, Asian Age newspaper, Modi Entertainment Network and Multichannel India.

  • Chrome data: Week 17 sees a minor rise

    Chrome data: Week 17 sees a minor rise

    MUMBAI: As per opportunity to see (OTS) collated by Chrome Data Analysis & Media, the week 17 saw religious channels in Hindi speaking markets (HSM) and Infotainment across India rising by 0.7 per cent.

     

    Aastha channel, as usual, continued to rule the genre with 97.5 per cent OTS while in the infotainment section, National Geographic Channel toppled Discover to be on the top. The channel garnered 86.8 per cent OTS.

     

    Hindi news in HSM saw a jump of 0.6 per cent. In the genre ABP News again ruled the roost with 93.4 per cent OTS.

     

    Next came in music genre with 0.5 per cent growth in the HSM. Sony Mix topped the chart with 88.8 per cent OTS.

     

    In the bottom four, English news as well as Business news channels in the eight metros dropped by 0.4 per cent. Times Now with 84.9 per cent OTS was the highest gainer in the English news genre. Zee Business gained 79.5 per cent OTS in its genre.

     

    English entertainment channels in the eight metros gained 0.2 per cent with AXN continuing its run on the top with 70.7 per cent OTS.