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Tag: Zee Music Co

  • Zee Entertainment wraps FY25 with a bang

    Zee Entertainment wraps FY25 with a bang

    MUMBAI:  Zee Entertainment Enterprises Ltd (Zeel) has closed its financial year on a high note, reporting a 32 per cent rise in EBITDA to Rs 11,962 million for FY25, powered by sharp cost control and solid performance across its digital and television businesses. The company’s board has recommended a dividend of Rs 2.43 per equity share of Re 1, subject to shareholder approval at the upcoming annual general meeting.

    Zee’s traditional TV business held its ground, maintaining a stable 16.8 per cent share of the Indian TV network viewership, even as sports broadcasts slightly ate into general entertainment viewership. Notably, Zeel’s regional channels — Zee Marathi, Zee Kannada, and Zee Telugu — emerged as strong performers.

    On the digital front, Zeel’s streaming platform Zee5 recorded a six per cent year-on-year increase in revenue, reaching Rs 9,760 million in FY25. Even more impressive was the platform’s ability to rein in losses, slashing its EBITDA losses by Rs 5,572 million over the year. Zee5’s growth was fuelled by 20 new original titles, which helped it maintain user engagement despite a challenging digital ad market.

    Zee Studios had a busy quarter, releasing eight films across Hindi and regional languages, bolstering its presence in the domestic film market. Meanwhile, Zee Music Co (ZMC) continued its YouTube dominance, reaching 164 million subscribers with a whopping 190 billion views in FY25. ZMC added 14.7 million new subscribers during the year, solidifying its position as the second-largest music label on YouTube.

    Zee’s financials reflected strong cost discipline. Total revenue for FY25 stood at Rs 82,941 million, with an EBITDA margin of 14.4 per cent — a 390 basis point increase from FY24. Profit after tax (PAT) from continuing operations surged by 245 per cent to Rs 6,874 million, a testament to the company’s focus on profitability.

    The balance sheet looked rock-solid with cash and cash equivalents swelling to Rs 24.1 billion by March 2025, including Rs 2 billion from the first tranche of Foreign Currency Convertible Bonds (FCCB). The company’s net profit for the year came in at Rs 6,795 million, a massive 381 per cent jump over FY24.

    * Operating revenue for FY25: Rs 82,941 million, down four per cent YoY due to advertising pressure.
    * Expenditure fell by eight per cent to Rs 70,979 million, reflecting strong cost control.
    * EBITDA for FY25 rose to Rs 11,962 million, with a margin of 14.4 per cent, up 390 bps YoY.
    * Profit before tax (PBT) from continuing operations surged 143 per cent to Rs 9,261 million.
    * Zee’s all-India TV network share: 16.8 per cent, marginally down by 30 basis points YoY.
    * Regional powerhouses included Zee Marathi, Zee Kannada, and Zee Telugu.
    * TV revenues saw a mixed bag, with advertising under pressure but subscription and syndication revenue offering a cushion.
    * Zee5 revenue: Rs 9,760 million, up 6 per cent YoY.
    * EBITDA losses cut by Rs 5,572 million in FY25.
    * Original content: 20 new titles, driving user engagement.
    * Syndication revenue provided an additional boost.
    * Zee Studios: Eight films released in Q4 FY25 across Hindi and regional languages.
    * Notable releases included Chirodini Tumi Je Amar (Zee Bangla), Naa Ninna Bidalaare  (Zee Kannada), Lakshmi Nivasam (Zee Telugu), and Gatti Melam (Zee Tamil).
    * Zee Studios maintained its focus on a balanced mix of in-house and distributed titles.
    * ZMC: Total subscribers: 164 million across all channels, up 14.7 million YoY.
    * Total video views: 190 billion in FY25.
    * ZMC remains the second-largest music label on YouTube globally.

  • Albert Kabo Lepcha wins Sa Re Ga Ma Pa 2023 title

    Albert Kabo Lepcha wins Sa Re Ga Ma Pa 2023 title

    Mumbai: After three months of being on the quest of perfecting their sur-taal through endless riyaaz and delivering some performances, Zee TV’s Sa Re Ga Ma Pa 2023 comes to an end. Throughout the season, viewers have watched the judges – Himesh Reshammiya, Anu Malik, and Neeti Mohan guide these budding singing sensations, while Aditya Naryan entertained one and all as the show’s host. And now, racing ahead of all the contestants, we have Albert Kabo Lepcha as the winner of Sa Re Ga Ma Pa amidst much fanfare and celebrations. A consistent performer throughout the season who was much loved by the judges and viewers of the show, Albert Kabo Lepcha was presented with the coveted trophy during the grand finale. On the other hand, finalists Nishtha Sharma and Ranita Banerjee were announced as the first and second runners-up respectively.  

    This season was all about the industry-first promise of giving its talent a chance to record original singles even before the season ends, every week one of the contestants got the golden chance to launch their OG song with Zee Music Co, and with the show drawing the curtains, the grand finale was nothing short of an entertainment extravaganza packed with some breathtaking performances and soulful acts. The final episode commenced with a power-packed performance by the top five finalists of the show – Sonia Gazmer, Sneha Bhattacharya, Nishtha Sharma, Albert Kabo Lepcha and Ranita Banerjee which left everyone spellbound. The episode was double the fun, as the judges were joined by the evergreen Govinda, his wife Sunita Ahuja, and veteran actress Aruna Irani. Not just that, the episode was co-hosted by Haarsh Limbachiyaa alongside Aditya Narayan.

    During the episode, viewers got to watch the legendary actor Govinda in his element, dancing to the song ‘Oo Haseena Zulfowaali’ along with the judge – Neeti Mohan. He also set the stage on fire with his performance to the song ‘Chadti Jawaani’ with the beautiful guest Aruna Irani. Not just that!  Govinda also sang a beautiful song – ‘Sathiya Nahi Jana Ke Jee Na Lage’ for his beloved wife – Sunita and while all the special moments as well as the performances kept everyone hooked, the final face off performance of the top 5 contestants left the audience glued to their television screens.

    Winner of the Sa Re Ga Ma 2023, Albert said, “This is a dream come true for me! Honestly, the competition was tough as all the contestants of the season were very talented, and I really feel grateful that I got to share the stage with them. My journey on the show has been a great learning experience and I would like to thank all my mentors and judges who have constantly supported me and helped me scale my potential as a singer. I even got the chance to record and release my own single, composed by the iconic Vivek kar; I received loads of love for that. I am definitely taking a bundle of memories along with me and looking forward to my new singing journey ahead. Thank you to each and every person for making this a beautiful experience.”  

    Himesh Reshammiya said, “First of all I would like to congratulate Albert, he has been consistent in giving his best throughout the season and has always exceeded expectations. He has surprised us week after week and always strived for perfection. Moreover, this time Sa Re Ga Ma Pa gave an amazing opportunity to all the contestants to release their original singles, which has certainly kickstarted their musical journey in the entertainment industry. Lastly, I would like to say all the best to all the contestants as they’ve started their careers and I am sure all of them will reach great heights in the future.”

    Neeti Mohan said, “According to me, all the top 5 are winners of this season, but of course, we can only have one winner. Albert’s win is very well deserved. I have loved and enjoyed his performances throughout the season, and I believe he is a really versatile singer with the potential to make his career in the industry. I am glad that I was able to witness such amazing talent perform in front of me. I wish the best for all the contestants; I am sure they all will work hard to fulfill their dreams in the music industry.”

    Anu Malik said, “I had a great experience working on this show and I would like to say ‘Congratulations Albert, I am so proud of you’.. From his first performance till today, I am glad that his hard work has finally paid off. I must say that this season has been incredible, and every contestant has left us floored by their amazing talent. During the show, I saw such wonderful talent and I also composed two OG songs, one for Rik Basu and the second one for Nishtha Sharma. Indeed, it was great working with them. My best wishes and blessings to all the contestants of Sa Re Ga Ma Pa.”

    While the audience enjoyed every moment during the finale episode, the epic performances by the talented contestants will surely be an unforgettable experience for one and all.

    While Sa Re Ga Ma Pa culminated with a bang, stay tuned to Zee TV as the channel continues to entertain you with exciting fiction shows on a daily basis!