Tag: Zee Business

  • Chrome Data: No major change in week 15

    Chrome Data: No major change in week 15

    MUMBAI: Unlike last week, week 15 didn’t see much of an increase or drop in the opportunity to see (OTS) data collated by Chrome Data Analytics & Media.

     

    The maximum gain was of mere 1.1 per cent for Business news channels in the eight metros. Zee Business gained the most with 78.3 per cent OTS.

     

    Music genre in the Hindi speaking market (HSM) jumped 0.8 per cent with Sony Mix continuing its grip on the top with 88 per cent OTS.

     

    It was closely followed by the English entertainment channels in the eight metros with 0.6 per cent gain. AXN continued its ruling the roster with 70.7 per cent OTS. Hindi News channels in the HSM came in last in the top gainers list with just 0.3 per cent gain. ABP News gained 94.2 per cent OTS.

     

    As for the bottom three, Infotainment channels saw a drop of 0.7 per cent. Discovery channels saw 85.9 per cent OTS. English news and English movie channels in the eight metros fell 0.2 per cent and 0.1 per cent, respectively.

     

    In their respective categories, Times Now and Pix continued to remain on top with 88.3 per cent and 77 per cent OTS.

     

  • Amagi Media to tie up with 5 broadcasters

    Amagi Media to tie up with 5 broadcasters

    KOLKATA: Amagi Media Labs is gearing to increase its reach. The Bengaluru based technology and media startup that facilitates geo-targeting of television advertisements, is now expanding its services to five more national broadcasters. And all this in the next two-three months.

     

    “We are in discussions with broadcasters who have presence largely in the Hindi speaking markets (HSM),” informed Amagi Media Labs business head LS Krishnan.

     

    Amagi had recently roped in Zee Media as a broadcast partner and in turn added Zee News and Zee Business to its channel roster. “IBN7, CNBC Awaz, Times Now and UTV Movies, among others are our partners,” he said.

     

    The company is also looking at getting the fourth round of private equity funding. “We have signed the paper and expect the funds flowing in the company, anytime sooner,” added Krishnan, without divulging any detail on the amount to be infused in Amagi for further expansion of business.

     

    Krishnan who was addressing the press in Kolkata, stressed on the eastern region becoming an important destination for national brands. “The region is important for brands that are looking for deeper penetration and reach. 45 per cent of viewers in West Bengal are Hindi speaking. The region contributes around 20-25 per cent to our topline. We aim to scale up in terms of advertisers here,” he said.  

     

    Currently, Amagi has around 50 clients in the state. Some of which are: Shalimar, Konark Cement and Keo Karpin. “80 per cent of the revenue comes from the FMCG sector,” concluded Krishnan.

     

  • Chrome data: Business channels gain in week 12

    Chrome data: Business channels gain in week 12

    MUMBAI: In the week 12, business news channels in the eight metros gained 2 per cent opportunity to see (OTS) as per the data collated by Chrome Data Analytics & Media.

     

    Zee Business had the highest OTS in the genre with 85.5 per cent.

     

    The genre was closely followed by the Hindi news channels in the Hindi speaking market (HSM) with a rise of 1.7 per cent. ABP News saw 93.4 per cent OTS in the category.

     

    All across India, Sports channels grew by 1.5 per cent with Star Sports 1 gaining the most with 75.3 per cent OTS.

     

    Hindi movies in the HSM rose 5 per cent. Max gained with 94.8 per cent OTS.

     

     As for the bottom four genres, English entertainment channels in the eight metros saw a drop of 1.2 per cent. Star World dislodged AXN with 69.7 per cent OTS.

     

    Music genre followed close behind with 1.1 per cent drop in the HSM. Mix continued to rule the charts with 86 per cent OTS.

     

    English movies in the eight metros dropped 0.4 per cent with Movies Now being the highest gainer with 75.3 per cent OTS.

     

    At the bottom was the infotainment genre in all India with 0.1 per cent drop. Discovery topped the list with 89.1 per cent OTS.

  • ‘Awaaz Nicche’ A Path Breaking Campaign From Zee Business

    ‘Awaaz Nicche’ A Path Breaking Campaign From Zee Business

    MUMBAI: Having carved a distinct niche for itself in offering authentic content Zee Business, India’s first 24X7 Hindi business news channel and also a part of Zee Media Corporation Ltd, has launched a unique campaign Awaaz Nicche to further strengthen its leadership position.  The multipronged campaign will reinforce the credibility of the No.1 Hindi business news channel and will be visible across platforms like print, outdoor, digital and social media.

     ‘Awaaz Nicche’ a unique campaign is aimed to bring forth the Zee Business belief that the uncompromising quality of content remains the bedrock of business journalism.  Over the years, backed by strong professional talents including analysts and researchers the channel has managed to build a strong equity today and has been surging ahead to set bench mark in Indian business media.

    Continuing to be a preferred business channel, it has a wide array of programs like Mandi Live,  Share Bazaar Live, Big Story Big Debate etc. and have garnered accolades and awards from cross section of society. This unique concept have been marvelously conceptualized and executed in the ’Awaaz Nicche’ Campaign, to strengthen further the channel will also launch a new TVC to create a buzz in the industry.

    Speaking on this occasion, Mr. Samir Ahluwalia, Editor, Zee Business, said “Zee Business is committed to provide viewers with various aspects of business news. As always, we have striven to stay focused and relevant. Zee Business content and intrigue coverage has always created stirs amongst viewers both in India and abroad, and the same has been appreciated by the viewers.  Awaaz Nicche campaign has been created so that, we can motivate our viewers and has an edge over the competitors.  We will keep on empowering our viewers with insightful and authentic business news”.

     

  • Zee Media launches 5th edition of its much awarded Voter Awareness Program

    Zee Media launches 5th edition of its much awarded Voter Awareness Program

    NEW DELHI: Zee Media is launching its fifth edition of the much acclaimed and much awarded voter awareness initiative Aapka Vote Aapki Taqat (AVAT) keeping in view the upcoming assembly elections in five states and national election next year from 15th November, starting from Korba in Chhattisgarh.

    The initiative AVAT aims at encouraging voters to participate in electoral process, and addreses the issue of decreasing voter percentage. The objective of rolling out the initiative is to make India a successful democracy. The Election Commission of India too acknowledged the initiative and lends its support since the inception of the initiative in 2009.

    The Campaign creates awareness about the importance of voting and to sensitize voters to ensure a responsible and accountable government is in place. AVAT encourages first time voters to register and participate in upcoming assembly and National elections.

    Under Aapka Vote Aapki Taqat, various awareness ground events will be conducted in four states i.e., Delhi, Rajasthan, Chattisgarh and Madhya Pradesh to facilitate direct interaction with the target group and encourage voter participation. A 360 degree multi-media promotion of the campaign across TV, Print, Radio etc will further raise awareness and cover maximum audience. Through Social media platform, youth will be targeted and encouraged for registration and participation. Dedicated micro-site will serve as a platform to interact and empower people with requisite information where people can share their concerns for not voting.

    This year Aapka Vote Aapki Taqat will launch an online service ‘Know Your Candidate’, which will provide key details about the candidates vying for the votes in various constituencies.

    Zee Media Corporation Ltd. has been emphasizing on this initiative in various states where Elections has been announced since the series started in 2009. Aapka Vote Aapki Taqat has been recognized by Limca Book of Records as India’s Biggest Voter Awareness Campaign, supported by Election Commission of India and has emerged as the most impactful campaign of all media campaigns. In 2013, Aapka Vote Aapki Taqat won the National Award by Election Commission of India.

    On the occasion, Rohit Kumar, Marketing Head, Zee Media, said, “Zee Media Corporation Ltd. has been consistently trying to create voter awareness, which in turn will increase voter percentage. Convincing young voters will ensure to bring honest, effective and stable government. Zee Media always believes that to change a system one needs to be a part of the system. The Campaign has been successful in reaching the grass roots of the country, and also to mobilize the youth of India in association with various youth influential organizations.”
    About Zee Media Corporation Ltd:

    Zee Media Corporation Ltd., the largest News Network in India, has a unique cluster of news, current affairs and regional news channels under the banner, including Zee News, Zee Business, Zee Punjab Haryana Himachal, Zee 24 Taas, Zee Madhya Pradesh Chhatisgarh, Zee Uttar Pradesh Uttrakahand, 24 Ghanta, Zee 24 Ghantalu & Zee Rajasthan. The Media powerhouse has comprehensive and more options for the new age news consumer through Zeenews.com – which is one of the fastest growing news websites in India as per Comscore Direct, Google Analytics and has strong social media presence, not only in India but across the globe as well. As a responsible media house, the network has been committed to serve the nation, not only by providing relevant and quality news, but also by highlighting issues of national significance and addressing them regularly. For further details please visit: http://zeenews.india.com

  • Zee Business consistently remains the No.1 Business Channel in India

    Zee Business consistently remains the No.1 Business Channel in India

    NEW DELHI: Zee Business, the business channel from Zee Media Corporation Ltd. continues its trend of being the No. 1 business channel has proved that it is the most preferred business channel in India and has been a resounding hit. As per the latest TAM data, the channel is No. 1 in terms of viewership, leaving behind the competition.

    India’s first 24 hour Hindi business channel, Zee Business has emerged as the nation’s preferred source of business news amongst all English & Hindi business channels. Zee Business tops the charts with highest GTVT’000 of 1901 (Source: TAM, TG: CS 25+ Male ABC, Market: HSM, Period: wk 45 ’13), which is even higher than all English business channels put together.

    Going by its philosophy “Aapka Faayda”, the channel strikes right balance with national and international business news. Zee Business give a complete and comprehensive update about the markets to its viewers, and takes credit in expanding the viewership for business channels beyond the stock market trading hours with an aggressive evening programming and a varied weekend line-up.

    Alok Agarwal, CEO Zee Media Corporation Ltd said, “We are glad that our viewers have put us in No. 1 again which shows our efforts have been accepted and rewarded by them. We will keep on trying to provide them best content in the future as well.”

    Samir Ahluwalia, Editor, Zee Business said, “We are thankful to our educated and empowered viewers for making us no. 1. We promise to deliver better programming mix and content which will be successful in educating & empowering the viewers. It has been our constant endeavor to deliver relevant and useful content to the viewers on a daily basis, and this is the reason why we have been preferred over the competition”.

    About Zee Business

    Zee Business, was conceived to offer ‘information’ and ‘insight’ and bring business and economy coverage to the viewers in their own language. It is the channel to profit and wealth and strives to create an entrepreneurial climate in the country that can help stimulate innovation and drive economic growth. ZEE BUSINESS continuously strives to empower viewers on smart decision-making related to investments, savings and spending. It endeavors to meet the highest standards of editorial excellence and always make its content relevant to the work and lives of its viewers.

  • Zee’s new talk show ‘Wheel of Life’ will be aired on 5 of its channels

    Zee’s new talk show ‘Wheel of Life’ will be aired on 5 of its channels

    NEW DELHI: For the first time in its history, Zee TV has commenced telecast of a series which is being shown on five of its channels of which two are beamed overseas.

     

    The 26-episode ‘Wheel of Life’ talk show is based on the book of that name by senior Uttar Pradesh Indian Administrative Service officer R K Singh.

     

    The half-hour programme has been conceived by Sonorous Knowledge Trust and Shirdi Sai Baba Foundation headed by entrepreneur and TV personality Aushim Khetrapal.

     

    It is being beamed at 6.30 am on Sundays on Zee News, 8.30 am on Saturdays on Zee Business, 1.30 am on Saturdays on Zee UP, and on Zee American and Zee Dubai on their general entertainment channels at 8.00 am on Friday and Sunday mornings.

     

    With the theme song and music by Shankar Mahadevan, the series is anchored by Amrita Raichand.

     

    Cosmology, genetics and quantum physics, and knowledge of spirituality are the base of the show, which Singh said at a press meet, has been inspired by the Upanishads and also the religious texts of all religions. However, he stressed that it was not a programme about religion or spirituality and was based more on understanding the value of life.

     

    Answering a question, he said the Big Bang theory which was referred to in the series was not something that had come from the west, but had been talked of by Indian sages even up to the eleventh century.

     

    Khetrapal told indiantelevision.com that the series was presently sponsored by Natural Essence among others and had reached a TRP of 0.4 in the third episode on Zee Business.

     

    He said he had conceived the series around three years earlier when he had met Singh in UP, but the latter had to get permission from the state government for appearing on television.

     

    Singh said he had begun by scribbling some notings based on his reading of the Upanishads in 1996 and it was only in 1999 that he began writing the book, which was published in the United States in 2005.

     

    He had attempted to show in the series that humans were only seized with a contemporary attitude to life and were like automatons, whereas the purpose of human life was much deeper and it was necessary to understand this.

     

    Referring to marketing of the show, Khetrapal said it was clearly not the kind of show that would pick up through promos and therefore the social media and word of mouth publicity was the best way to spread the message. But he said that several thousand calls were received almost on a daily basis. Around 25,000 mails had been received by each of the five channels.

     

    Later, pamphlets and e-mailers would be sent and road shows held to popularise the show, he added.

     

  • ZMCL reports 112 per cent PAT growth in Q1-2014 compared to Q1-2013

    ZMCL reports 112 per cent PAT growth in Q1-2014 compared to Q1-2013

    BENGALURU: Zee Media Corporation Limited (ZMCL), formerly Zee News Limited announced good growth figures for Q1-2014 as compared to Q1-2013, but middling to flat and lower results when compared to the previous quarter Q4-2013. The Company owns and operates seven news/current affairs and regional language channels, namely Zee News, Zee Business, Zee 24 Taas, Zee 24 Gantalu, Zee Uttar Pradesh Uttarakhand, Zee Madhya Pradesh Chhattisgarh and Zee Punjab Haryana Himachal.

     

    Let us take a look at the Q1-2014 figures

     

    ZMCL reported more than doubling of PAT (112 per cent) to Rs 8.51 crore in Q1-2014 as compared to PAT of Rs 4.01 crore in Q1-2013 and a 6.1 per cent growth as compared to Q4-2013.

     

    Operating revenues grew 12.2 per cent (y-o-y) to Rs 77.68 crore in Q1-2014 as compared to Rs 68.88 crore reported in Q1-2013. However, ZMCL’s operating revenues for Q1-2014 were 1.7 per cent lower than the Rs 79.04 crore reported for Q4-2013. Income from operations at Rs 70.2 crore in Q1-2014 grew 16.4 per cent from Rs 60.286 crore in Q1-2013.

     

    Advertising revenues which constituted 68.1 per cent of the total revenues for Q1-2014 grew 14.2 per cent (y-o-y) to Rs 52.9 crore as compared to Rs 46.32 crore (67.2 per cent of total revenues for the quarter) in Q1-2013 and were up 1.4 per cent as compared to the Rs 52.19 crore (66 per cent of the total revenues for the quarter) reported in Q4-2013.

     

    Subscription revenues in Q1-2014 also grew, albeit at a higher rate of 19.3 per cent to Rs 21 crore (27 per cent of the total revenues for the quarter) as compared to the Rs 17.6 crore (25.6 per cent of the total revenues for the quarter) reported for Q1-2013, but were 5.4 per cent lower than the Rs 22.2 crore (28.1 per cent of total revenues for the quarter) ZMCL reported for Q4-2013.

     

    Other sales and services saw a drop of 23.2 per cent to Rs 3.78 crore in Q1-2014 from Rs 4.96 crore reported in Q1-2013 and were 19.2 per cent lower than the Rs 4.68 crore for Q4-2013.

     

    In Q1-2014, total expenses saw a small jump of 7.6 per cent to Rs 68.37 crore from the Rs 63.55 crore reported in Q1-2013 and were 8.1 per cent lower than the Rs 74.4 crore for Q4-2013.

     

    ZMCL director Punit Goenka said, “Our ambition to reach deeper into the lives of our viewers has led us to change our name from Zee News Limited to Zee Media Corporation Limited. We will continue to pursue growth in the untapped regions of our country and provide them with varied news, infotainment and entertainment content across delivery platforms. Apart from the latest launch of Zee Madhya Pradesh Chhattisgarh, we have also launched Zee Rajasthan recently. The channel has content for all facets of the viewer from Rajasthan, be it crisper local news bulletins, entertainment programmes reflecting the typical lifestyle or discussions on issues related to the common Rajasthani man.”

     

    ZMCL whole-time director Alok Agrawal said, “Even as we are aggressively expanding our regional channel bouquet, we have not left sight of our current deliverables. We have made efforts to squeeze even more efficiency out of our operations and have restricted increase of various costs. On the other hand, both Advertising and Subscription Revenues have shown an increase over the last year. We have taken special initiatives related to the content which are expected to yield results in the coming quarters.”

  • ZMCL reports 112 per cent PAT growth in Q1-2014 compared to Q1-2013

    BENGALURU: Zee Media Corporation Limited (ZMCL), formerly Zee News Limited announced good growth figures for Q1-2014 as compared to Q1-2013, but middling to flat and lower results when compared to the previous quarter Q4-2013. The Company owns and operates seven news/current affairs and regional language channels, namely Zee News, Zee Business, Zee 24 Taas, Zee 24 Gantalu, Zee Uttar Pradesh Uttarakhand, Zee Madhya Pradesh Chhattisgarh and Zee Punjab Haryana Himachal.

    Let us take a look at the Q1-2014 figures

    ZMCL reported more than doubling of PAT (112 per cent) to Rs 8.51 crore in Q1-2014 as compared to PAT of Rs 4.01 crore in Q1-2013 and a 6.1 per cent growth as compared to Q4-2013.

    Operating revenues grew 12.2 per cent (y-o-y) to Rs 77.68 crore in Q1-2014 as compared to Rs 68.88 crore reported in Q1-2013. However, ZMCL‘s operating revenues for Q1-2014 were 1.7 per cent lower than the Rs 79.04 crore reported for Q4-2013. Income from operations at Rs 70.2 crore in Q1-2014 grew 16.4 per cent from Rs 60.286 crore in Q1-2013.

    Advertising revenues which constituted 68.1 per cent of the total revenues for Q1-2014 grew 14.2 per cent (y-o-y) to Rs 52.9 crore as compared to Rs 46.32 crore (67.2 per cent of total revenues for the quarter) in Q1-2013 and were up 1.4 per cent as compared to the Rs 52.19 crore (66 per cent of the total revenues for the quarter) reported in Q4-2013.

    Subscription revenues in Q1-2014 also grew, albeit at a higher rate of 19.3 per cent to Rs 21 crore (27 per cent of the total revenues for the quarter) as compared to the Rs 17.6 crore (25.6 per cent of the total revenues for the quarter) reported for Q1-2013, but were 5.4 per cent lower than the Rs 22.2 crore (28.1 per cent of total revenues for the quarter) ZMCL reported for Q4-2013.

    Other sales and services saw a drop of 23.2 per cent to Rs 3.78 crore in Q1-2014 from Rs 4.96 crore reported in Q1-2013 and were 19.2 per cent lower than the Rs 4.68 crore for Q4-2013.

    In Q1-2014, total expenses saw a small jump of 7.6 per cent to Rs 68.37 crore from the Rs 63.55 crore reported in Q1-2013 and were 8.1 per cent lower than the Rs 74.4 crore for Q4-2013.

    ZMCL director Punit Goenka said, “Our ambition to reach deeper into the lives of our viewers has led us to change our name from Zee News Limited to Zee Media Corporation Limited. We will continue to pursue growth in the untapped regions of our country and provide them with varied news, infotainment and entertainment content across delivery platforms. Apart from the latest launch of Zee Madhya Pradesh Chhattisgarh, we have also launched Zee Rajasthan recently. The channel has content for all facets of the viewer from Rajasthan, be it crisper local news bulletins, entertainment programmes reflecting the typical lifestyle or discussions on issues related to the common Rajasthani man.”

    ZMCL whole-time director Alok Agrawal said, “Even as we are aggressively expanding our regional channel bouquet, we have not left sight of our current deliverables. We have made efforts to squeeze even more efficiency out of our operations and have restricted increase of various costs. On the other hand, both Advertising and Subscription Revenues have shown an increase over the last year. We have taken special initiatives related to the content which are expected to yield results in the coming quarters.”

  • Zee News sees improvement in profits in FY 2013 financials

    MUMBAI: By the time Zee News Ltd announces its financials this time next year, it could well be sporting a new name Zee Media Corp. It could well also have merged its news broadcasting business with Essel group publication DNA as proposed by its board (see Zee News-DNA: merger on the cards?). Additionally, it could well also have news and infotainment channels in Rajasthan and Bihar/Jharkhand on air (it plans to launch them in the first half this year) adding to the roster it already runs in Zee News, Zee Business, Zee 24 Taas, Zee Punjabi, Zee News UP, Zee Tamil, Zee 24 Gantalu, and 24 Ghanta.

    That could well be good news for any Zee News watcher. But what is better news is the fact that the company has achieved a turnaround of sorts by reporting a profit in Q4-2013 of Rs 6.87 crore. That‘s despite a drop in ad and overall revenues in the quarter. Subscription revenues have, however, been buoyant in the period.

    Let us look at the Q4-2013 results as against corresponding Q4-2012

    Revenues for Q4-2013 stand at Rs 79.06 crore, a dip of 8.43 per cent from last Q4- 2012‘s Rs 86.34 crore. Of this, subscription revenues have increased to Rs 22.2 crore as against last quarter‘s reported Rs 20.8 crore. Ad revenues have declined to Rs 52.2 crore from Rs 56.3 crore.

    Operating costs have significantly dropped to Rs 14.15 crore as against last corresponding quarter‘s Rs 21.39 crore. However the overall expenses have surged to Rs 78.05 crore, a rise of over 9.6 per cent from Rs 71.02 crore of the last corresponding quarter especially with its employee benefit expenses rising to Rs 23.2 crore (a rise of 22 per cent annually).

    EBITDA for the quarter was disappointing at Rs 4.68 crore as against Rs 18.4 crore reported in the last corresponding period, a dive of over 74 per cent.

    PAT for the quarter (Q4-2013) at Rs 6.87 crore is a massive surge of 300 per cent from a reported loss of Rs 3.95 crore in the last corresponding quarter- Q4-2012..

    Let us look at the consolidated annual FY-2013 financials vs FY-2012

    While total revenues have slipped to Rs 303.81 crore in FY-2013 as against FY-2012‘s Rs 307.22 crore, subscription revenues for the full year have surged by over 13.5 per cent to Rs 84.27 crore as opposed to last year‘s Rs 74.27 crore. Subscription revenues contributed to 27.7 per cent of the total revenues indicating stronger viewer demand for the channels, while ad revenues standing at Rs 202 crore contributed a majority to the total revenue stream.
    Expenses have risen 5 per cent to Rs 278.23 crore from last year‘s Rs 265 crore, with its employee benefit expenses at Rs 87.7 crore increasing by over 17.4 per cent. EBITDA for the full year is reported at Rs 37.54 crore a drop of over 29.6 per cent from last year‘s 53.35 crore.

    Net profit for FY-2013 has ballooned 109 per cent to Rs 24.17 crore as against FY-2012‘s Rs 11.55 crore. The major reason for this surge is the pouring in of funds through sources apart from its core operations including the Rs 4.8 crore dividends it received from its subsidiary Zee Akash News Pvt. Ltd. Its interest cost has narrowed to Rs 8.79 crore as against last year‘s reported Rs 10.66 crore. Also the taxation costs have reduced by 3 per cent over the year.

    Its online property Zeenews.com has been doing well and gaining traction. Even its microsite for the India Vs Australia series generated close to 2.9 million page views while its Union budget site knocked up 1.3 million page views.

    Says Zee News managing director Punit Goenka,” Our subscription revenues have shown a double digit increase and have partially compensated for the revenue constraints from a tepid advertising response in the backdrop of a muted period of growth. Out constant endeavour to bring innovative, quality and unbiased content to the viewer will remain the cornerstone of our programming. We aspire to be the one-stop destination for news in the country by building seamless synergy among the group‘s TV, print and digital platforms. Our company is redefining itself in tune with the changing times, laying emphasis on the digital medium and addressing broader viewer tastes.”

    Adds Zee News CEO Alok Agrawal,” The Zee bouquet of news channels reached the highest number of people across the country touching over a 100 million viewers the last quarter of the fiscal. The network also had the highest relative share in the same period. It is a testimony to the fact that our viewer oriented and innovative programming has shown results. Our differentiated offering to business news viewers has resulted in Zee Business being a leader in five out of 13 weeks of the quarter. Also we are seeing a significant swing of viewers from English business news to Hindi business news. In the last quarter we expanded our footprint by establishing our presence in burgeoning central Indian states of Madhya Pradesh and Chhattisgarh with the launch of news and infotainment channel-Zee Madhya Pradesh/Chhattisgarh.”