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Tag: Zee Punjab Haryana Himachal

  • ZEE Media Group comes forward to help DTH/Cable Operators

    ZEE Media Group comes forward to help DTH/Cable Operators

    These are unprecedented times. As the world battles a global contagion, India, the second-most populous country in the world is fighting the lethal disease and all necessary steps are being taken by Indian authorities to prevent this virus from spreading further.

    As India, a country of more than 1.3 billion people, reels under a national lockdown to curb the infections, millions are confined to their homes and the consumption of content across different platforms is witnessing an unparalleled demand. A smooth, uninterrupted access to your favourite news programmes now becomes more important than ever before.

    At a time like this, the Zee Media Corporation Limited (ZMCL), is leading the charge in supporting Direct-To-Home services, MSOs and Cable Operators to ensure that viewers have uninterrupted services during the lockdown. It has launched a special campaign to help viewers to easily recharge thru various digital platforms. The ZMCL group has been running promos and informative advisories across its Lead Channels Zee News, Zee Hindustan and Regional channels Zee 24 Taas (Marathi), Zee 24 Ghanta (Bangla), Zee 24 Kalak (Gujarati), Zee Punjab Haryana Himachal (Punjabi), Zee Odisha (Odia) Zee Madhya Pradesh Chhattisgarh, Zee Uttar Pradesh Uttarakhand, Zee Bihar Jharkhand, Zee Rajasthan to ensure that viewers continue to recharge their DTH and Cable services well in time to enjoy uninterrupted access to their favorite content. These promos include information on easy ways to recharge through the dedicated websites or apps or contact their nearest operators.

    In these challenging times, ZMCL is doing its part in fighting this global outbreak and educating its viewers about staying safe indoors and adhering to the rules of the national lockdown put in place by the Indian government.

  • R.K.Arora bids adieu to Zee Media

    R.K.Arora bids adieu to Zee Media

    MUMBAI: Executive director and CEO of Zee Media R.K. Arora has stepped down from his role. A source close to the development has confirmed this development to indiantelevision.

    Arora was appointed as an additional director and CEO of the company for a period of three years with effect from May 24, 2016 soon after the chairman of the Essel Group of companies Subhash Chandra resigned from the post of director and non-executive chairman of Zee Media Corporation Limited (ZMCL).

    Arora was responsible for the various news channels under ZMCL that included WION, Zee News, Zee Business, India 24×7, Zee Punjab Haryana Himachal, Zee Madhya Pradesh Chhattisgarh, Zee 24 Taas, 24 Ghanta, Zee Kalinga News, Zee Purvaiya, and Zee Rajasthan News.

    Before joining ZMCL, Arora was the CEO of News Nation. He earlier was with ITV Network where he managed the overall operations of its seven channels.

    Updates on Arora’s successor is still awaited.

    Meanwhile, the whole Essel/Zee group is undergoing a restructuring. The group recently appointed a new chief executive for Zee Entertainment’s domestic broadcast business in Punit Misra, while Amit Goenka continues to be the CEO-International for ZEEL. Zee’s parent Essel has formed a new entity, Essel Business Excellence, which will take care of many of the common responsibilities of the group companies.Another business unit, Zee Unimedia, will not only look after ad sales of Zee’s digital platforms but also its TV channels, while scouting around for outside work too in the long run, if media reports are to be believed.

  • R.K.Arora bids adieu to Zee Media

    R.K.Arora bids adieu to Zee Media

    MUMBAI: Executive director and CEO of Zee Media R.K. Arora has stepped down from his role. A source close to the development has confirmed this development to indiantelevision.

    Arora was appointed as an additional director and CEO of the company for a period of three years with effect from May 24, 2016 soon after the chairman of the Essel Group of companies Subhash Chandra resigned from the post of director and non-executive chairman of Zee Media Corporation Limited (ZMCL).

    Arora was responsible for the various news channels under ZMCL that included WION, Zee News, Zee Business, India 24×7, Zee Punjab Haryana Himachal, Zee Madhya Pradesh Chhattisgarh, Zee 24 Taas, 24 Ghanta, Zee Kalinga News, Zee Purvaiya, and Zee Rajasthan News.

    Before joining ZMCL, Arora was the CEO of News Nation. He earlier was with ITV Network where he managed the overall operations of its seven channels.

    Updates on Arora’s successor is still awaited.

    Meanwhile, the whole Essel/Zee group is undergoing a restructuring. The group recently appointed a new chief executive for Zee Entertainment’s domestic broadcast business in Punit Misra, while Amit Goenka continues to be the CEO-International for ZEEL. Zee’s parent Essel has formed a new entity, Essel Business Excellence, which will take care of many of the common responsibilities of the group companies.Another business unit, Zee Unimedia, will not only look after ad sales of Zee’s digital platforms but also its TV channels, while scouting around for outside work too in the long run, if media reports are to be believed.

  • Subhash Chandra resigns; R K Arora appointed as Zee Media CEO

    Subhash Chandra resigns; R K Arora appointed as Zee Media CEO

    MUMBAI: Subhash Chandra has stepped down from the post of director and non-executive chairman of Zee Media. According to a report on BSE, Zee Media announced that its board meeting held on 24 May took on record the resignation of Dr. Subhash Chandra as director and non-executive chairman of the company with effect from 24 May.

    With this announcement, R K Arora has been appointed as the CEO as an additional director of the company with immediate effect.

    Zee Media has a lavish portfolio of news channels under it which includes Zee News, Zee Business, India 24×7, Zee Punjab Haryana Himachal, Zee Madhya Pradesh Chhattisgarh, Zee 24 Taas, 24 Ghanta, Zee Kalinga News, Zee Purvaiya and Zee Rajasthan News. 

     

  • Subhash Chandra resigns; R K Arora appointed as Zee Media CEO

    Subhash Chandra resigns; R K Arora appointed as Zee Media CEO

    MUMBAI: Subhash Chandra has stepped down from the post of director and non-executive chairman of Zee Media. According to a report on BSE, Zee Media announced that its board meeting held on 24 May took on record the resignation of Dr. Subhash Chandra as director and non-executive chairman of the company with effect from 24 May.

    With this announcement, R K Arora has been appointed as the CEO as an additional director of the company with immediate effect.

    Zee Media has a lavish portfolio of news channels under it which includes Zee News, Zee Business, India 24×7, Zee Punjab Haryana Himachal, Zee Madhya Pradesh Chhattisgarh, Zee 24 Taas, 24 Ghanta, Zee Kalinga News, Zee Purvaiya and Zee Rajasthan News. 

     

  • Zee Media gets board approval to raise Rs 200 crore via rights issue

    Zee Media gets board approval to raise Rs 200 crore via rights issue

    MUMBAI: Zee Media Corporation Limited (ZMCL) today announced the result of its board meeting, informing that the board of directors has approved raising Rs 200 crore via rights issue.

    The company last week announced its plan to consider raising of funds and was looking at various routes, including the rights issue for the same.

    In a statement to BSE, the company said, “Zee Media Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 20, 2014, inter alia, has approved, in-principle, raising of funds for an amount of not exceeding Rs 200 Crores through issue of equity shares of the Company to its eligible shareholders on a rights basis in accordance with the Companies Act, 2013, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and other applicable laws (the “Rights Issue”).”

    An issue of rights to a company’s existing shareholders entitles them to buy additional shares directly from the company, in proportion to their existing holdings within a fixed time period. In a rights offering, the subscription price at which each share may be purchased in generally at a discount to the current market price. Rights are often transferable, allowing the holder to sell them on the open market.

    The company today also announced its Q2-2015 results. 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).

    ZMCL, formerly known as Zee News Ltd, broadcasts 10 news channels including two national ones – Zee News and Zee Business.

    Its regional news channels are Zee 24 Taas, 24 Ghanta, Zee Sangam, Zee Madhya Pradesh Chhattisgarh, Zee Purvaiya, Zee Marudhara, Zee Punjab Haryana Himachal and Zee Kalinga.

     

  • ZMCL to discuss raising funds through rights issue

    ZMCL to discuss raising funds through rights issue

    MUMBAI: Zee Media Corporation Ltd (ZMCL) has announced its plans to raise funds and is looking at various routes, including the rights issue for the same.

    The board of the company would consider a proposal on that at its meeting on 20 October, ZMCL informed the BSE.
    “The Board of Directors shall consider a proposal for raising funds by the company through various modes including by way of rights issue,” it said.

    An issue of rights to a company’s existing shareholders entitles them to buy additional shares directly from the company, in proportion to its existing holdings within a fixed time period. In a rights offering, the subscription price at which each share may be purchased is generally at a discount to the current market price. Rights are often transferable, allowing the holder to sell them to an open market.

    The company results for the second quarter of the financial year 2014-15, would also be placed before the board for approval at the meeting, the release added.

    On a consolidated basis, Zee Media Corporation reported a net loss of Rs 17.52 crore in Q1 June 2014 compared with net profit of Rs 5.04 crore in Q1 June 2013. Net sales rose 71.7% to Rs 132.77 crore in Q1 June 2014 over Q1 June 2013.

    ZMCL, formerly known as Zee News Ltd, broadcasts 10 news channels including two national ones – Zee News and Zee Business.

    Its regional news channels are Zee 24 Taas, 24 Ghanta, Zee Sangam, Zee Madhya Pradesh Chhattisgarh, Zee Purvaiya, Zee Marudhara, Zee Punjab Haryana Himachal and Zee Kalinga.

     

  • 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

  • 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.”