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Tag: ZMCL

  • The key is to consolidate Zeel, ZMCL, Zee Digital and DNA business: Ashish Sehgal

    The key is to consolidate Zeel, ZMCL, Zee Digital and DNA business: Ashish Sehgal

    MUMBAI: Zee Entertainment Enterprises Limited (Zeel) had earlier informed BSE that the board of directors of the company at its meeting held on March 29, 2016, inter alia, have approved in-principle the proposal for re-organising advertisement sales and channel distribution functions in the business operations of the company.

    With a view to provide media planners with multiple options across genres and platforms, the Zeel board has approved re-organisation of advertisement sales function under a separate entity formed for the purpose on March 23, 2016 in the name of Zee Unimedia Limited. Zeel Chief Sales Officer Ashish Sehgal will be in charge of the new entity as COO. Speaking to Indiantelevision.com Sehgal said, “The key is to consolidate, Zeel, ZMCL, Zee Digital and DNA business in the first phase and then later on focus on Dish TV too.”

    Sehgal has his eyes on the digital wave, “Digital is growing fast and we will monetise it to the most,” he added.

    On the other hand, ZMCL CEO Bhaskar Das will now serve Zee Unimedia Limited as president and chief growth and innovation officer, “He will be reporting to me” confirmed Sehgal

    To facilitate such reorganisation, the Zeel board has approved acquisition of 100 per cent equity stake comprising of 700 Equity Shares of Rs .10 each of Zee Unimedia Ltd, at par, from the subscribers viz certain employees and key managerial personnel of the company.

     

  • Zee Media names its Global English News Channel – ‘WION’ (World Is One News)

    Zee Media names its Global English News Channel – ‘WION’ (World Is One News)

    MUMBAI: Zee Media Corporation Limited (ZMCL) today announced that its Global English News Channel, slated to be launched this summer, will be called ‘WION – World is One News’. The channel will report global news and issues from a South Asian perspective.

    Commenting on the new channel, Essel Group & ZEE chairman Subhash Chandra said, “Zee Media’s new Global English News Channel – WION, will look to offer a seamless experience to empower, educate and energise our discerning viewers. Inspired by the Group’s motto, “Vasudhaiva Kutumbakam-The World is My Family”, WION aptly stands for ‘World is One News’ and will give a global view of the world with a South Asian lens.”

    Sharing more details on the news network, English News Broadcast and Related Content Editor-in-Chief Rohit Gandhi said, “With WION, we will meet the aspirations of 2 billion South Asians by delivering a global News network reflecting a South Asian world perspective. It’s high time for South Asian reporting from front lines, war zones and prominent global capitals.”

    “While a TV channel is the face of this mobile-first start-up, our news gathering, reporting, production and publishing processes are an ambitious leap into a multi-screen future. We aim to disrupt conventional ways of thinking about news and set a new template for storytelling across platforms,” further added.

    “WION’s target audience is Generation Z, not in terms of age, but in terms of values, beliefs and attitude. A generation that is global, social, visual and tech savvy” said ZMCL releasing a media statement.

    WION is a mobile/digital first platform and later will be an international television channel. The news content will be available to audiences at their convenience, on their preferred screens. The network will use technology to bring in user-generated content, it is the audience’s voice that will define WION. Its newsgathering teams will be equipped with mobile technology for an ‘anytime-anywhere’ live approach.

    WION will have bureaus across the globe. Using a mix of young and seasoned journalists with diverse nationalities, WION will dare to be on the forefront of what’s happening today in thought-provoking ways.

     

  • Zee Media names its Global English News Channel – ‘WION’ (World Is One News)

    Zee Media names its Global English News Channel – ‘WION’ (World Is One News)

    MUMBAI: Zee Media Corporation Limited (ZMCL) today announced that its Global English News Channel, slated to be launched this summer, will be called ‘WION – World is One News’. The channel will report global news and issues from a South Asian perspective.

    Commenting on the new channel, Essel Group & ZEE chairman Subhash Chandra said, “Zee Media’s new Global English News Channel – WION, will look to offer a seamless experience to empower, educate and energise our discerning viewers. Inspired by the Group’s motto, “Vasudhaiva Kutumbakam-The World is My Family”, WION aptly stands for ‘World is One News’ and will give a global view of the world with a South Asian lens.”

    Sharing more details on the news network, English News Broadcast and Related Content Editor-in-Chief Rohit Gandhi said, “With WION, we will meet the aspirations of 2 billion South Asians by delivering a global News network reflecting a South Asian world perspective. It’s high time for South Asian reporting from front lines, war zones and prominent global capitals.”

    “While a TV channel is the face of this mobile-first start-up, our news gathering, reporting, production and publishing processes are an ambitious leap into a multi-screen future. We aim to disrupt conventional ways of thinking about news and set a new template for storytelling across platforms,” further added.

    “WION’s target audience is Generation Z, not in terms of age, but in terms of values, beliefs and attitude. A generation that is global, social, visual and tech savvy” said ZMCL releasing a media statement.

    WION is a mobile/digital first platform and later will be an international television channel. The news content will be available to audiences at their convenience, on their preferred screens. The network will use technology to bring in user-generated content, it is the audience’s voice that will define WION. Its newsgathering teams will be equipped with mobile technology for an ‘anytime-anywhere’ live approach.

    WION will have bureaus across the globe. Using a mix of young and seasoned journalists with diverse nationalities, WION will dare to be on the forefront of what’s happening today in thought-provoking ways.

     

  • Zee Media acquires 80% stake in India Today’s entities; to launch shopping channel

    Zee Media acquires 80% stake in India Today’s entities; to launch shopping channel

    MUMBAI: Zee Media Corporation Ltd (ZMCL) has acquired up to 80 per cent equity stake in Today Merchandise Pvt Ltd (TMPL) and Today Retail Network Pvt Ltd (TRNL), which are wholly owned subsidiaries of India Today Group’s entity Living Media India Ltd. The company plans to invest approximately Rs 165.78 crore over the next four years in scaling up this business.

    Today Merchandise and Today Retail Network, which are currently running into losses, have been developing infrastructure for launching a TV shopping channel and also operate an e-commerce website called www.bagittoday.com to complement the TV shopping business.

    With this acquisition, Zee Media is not only looking at shortening the launch timing of a TV shopping channel but is also planning to scale up the business at a faster pace.

    By June 2016, ZMCL will acquire 49 per cent equity stake by investing approximately Rs 39.78 crore by subscribing to equity shares of TMPL and TRNL, at par value and will have managerial and operational control over the target entities.

    Subsequently the company will increase its stake, by investing up to Rs 126 crore over a period of four years, by subscribing to any security convertible into equity shares of the two companies at par value, such that upon conversion, the shareholding of the company shall be 80 per cent of fully diluted capital of TMPL and TRNL.

    TMPL was incorporated on 23 November, 2010. During financial years ended 31 March, 2015, 31 March, 2014 and 31 March, 2013, TMPL had achieved turnover of Rs 3.84 crore, Rs 5.25 crore and Rs 5.11 crore respectively.

    On the other hand, TRNL was incorporated on 20 August, 2007 and during its financial years ended 31 March, 2015, 31 March, 2014 and 31 March, 2013, TRNL achieved turnover of Rs 37.36 crore, Rs 52.45 crore and Rs 49.80 crore respectively.

    ZMCL’s board of directors have in-principal approved the stake acquisition. ZMCL, with its existing broadcast operations, is looking to derive the synergy benefits from this proposed investment.

  • Zee Media acquires 80% stake in India Today’s entities; to launch shopping channel

    Zee Media acquires 80% stake in India Today’s entities; to launch shopping channel

    MUMBAI: Zee Media Corporation Ltd (ZMCL) has acquired up to 80 per cent equity stake in Today Merchandise Pvt Ltd (TMPL) and Today Retail Network Pvt Ltd (TRNL), which are wholly owned subsidiaries of India Today Group’s entity Living Media India Ltd. The company plans to invest approximately Rs 165.78 crore over the next four years in scaling up this business.

    Today Merchandise and Today Retail Network, which are currently running into losses, have been developing infrastructure for launching a TV shopping channel and also operate an e-commerce website called www.bagittoday.com to complement the TV shopping business.

    With this acquisition, Zee Media is not only looking at shortening the launch timing of a TV shopping channel but is also planning to scale up the business at a faster pace.

    By June 2016, ZMCL will acquire 49 per cent equity stake by investing approximately Rs 39.78 crore by subscribing to equity shares of TMPL and TRNL, at par value and will have managerial and operational control over the target entities.

    Subsequently the company will increase its stake, by investing up to Rs 126 crore over a period of four years, by subscribing to any security convertible into equity shares of the two companies at par value, such that upon conversion, the shareholding of the company shall be 80 per cent of fully diluted capital of TMPL and TRNL.

    TMPL was incorporated on 23 November, 2010. During financial years ended 31 March, 2015, 31 March, 2014 and 31 March, 2013, TMPL had achieved turnover of Rs 3.84 crore, Rs 5.25 crore and Rs 5.11 crore respectively.

    On the other hand, TRNL was incorporated on 20 August, 2007 and during its financial years ended 31 March, 2015, 31 March, 2014 and 31 March, 2013, TRNL achieved turnover of Rs 37.36 crore, Rs 52.45 crore and Rs 49.80 crore respectively.

    ZMCL’s board of directors have in-principal approved the stake acquisition. ZMCL, with its existing broadcast operations, is looking to derive the synergy benefits from this proposed investment.

  • ZMCL targets April – June launch of English news channel

    ZMCL targets April – June launch of English news channel

    MUMBAI: Subhash Chandra’s Zee Media Corporation Ltd (ZMCL) is targeting to launch its English news channel in the first quarter of the next financial year (April – June 2016).

    A senior ZMCL executive tells Indiantelevision.com that while the name of the channel has not yet been decided, the recruitment has already started. “We are building a team, which in the long run will turn out to be a formidable one,” the executive says.

    As a first step in recruitment, ZMCL has already got on board Rohit Gandhi as editor-in-chief (English News and Current Affairs) to steer the proceedings.

    The channel will be distributed globally as a part of the Living Bouquet. “Pay model will be the biggest source of revenue when it comes to global market, but initially in India, we will focus on advertising,” informs the executive.

    The English news channel will produce content, which will cater to the global audience.

    Zee’s English news channel will be totally different from its existing Hindi news channel Zee News, which caters to the Hindi Speaking Market (HSM). “We are creating an entirely new infrastructure and putting up new studios for the new channel. It will be under ZMCL but totally separate from Zee News both in terms of operations as well as editorial,” asserts the executive.

    Currently, ZMCL has in its portfolio three national channels Zee News (Hindi News), India 24X7, and Zee Business. In addition, its regional news channels’ portfolio comprises Zee Marathi, Zee Madhya Pradesh / Chhattisgarh, Zee Rajasthan, Zee Punjab Haryana / Himachal and Zee Kalinga (Odisha). The company also operates two regional news channels through its subsidiaries namely 24 Ghanta (Bengali) through Zee Akaash News Pvt Ltd and Maurya TV (Bihar & Jharkhand) through Maurya TV Private Limited.

  • ZMCL targets April – June launch of English news channel

    ZMCL targets April – June launch of English news channel

    MUMBAI: Subhash Chandra’s Zee Media Corporation Ltd (ZMCL) is targeting to launch its English news channel in the first quarter of the next financial year (April – June 2016).

    A senior ZMCL executive tells Indiantelevision.com that while the name of the channel has not yet been decided, the recruitment has already started. “We are building a team, which in the long run will turn out to be a formidable one,” the executive says.

    As a first step in recruitment, ZMCL has already got on board Rohit Gandhi as editor-in-chief (English News and Current Affairs) to steer the proceedings.

    The channel will be distributed globally as a part of the Living Bouquet. “Pay model will be the biggest source of revenue when it comes to global market, but initially in India, we will focus on advertising,” informs the executive.

    The English news channel will produce content, which will cater to the global audience.

    Zee’s English news channel will be totally different from its existing Hindi news channel Zee News, which caters to the Hindi Speaking Market (HSM). “We are creating an entirely new infrastructure and putting up new studios for the new channel. It will be under ZMCL but totally separate from Zee News both in terms of operations as well as editorial,” asserts the executive.

    Currently, ZMCL has in its portfolio three national channels Zee News (Hindi News), India 24X7, and Zee Business. In addition, its regional news channels’ portfolio comprises Zee Marathi, Zee Madhya Pradesh / Chhattisgarh, Zee Rajasthan, Zee Punjab Haryana / Himachal and Zee Kalinga (Odisha). The company also operates two regional news channels through its subsidiaries namely 24 Ghanta (Bengali) through Zee Akaash News Pvt Ltd and Maurya TV (Bihar & Jharkhand) through Maurya TV Private Limited.

  • Incorrect and mischievous statements made by Vishwa Deepak

    Incorrect and mischievous statements made by Vishwa Deepak

    MUMBAI: It has come to the notice of Zee Media that Mr. Vishwa Deepak who was working with Zee News, after his resignation dated 19.02.2016, has made certain statements on various social media platforms which are not only incorrect but also defamatory and mischievous. Some of the media houses without proper verification of the facts and going into details of the false, incorrect and mischievous statements made by Mr. Vishwa Deepak, have portrayed the said statements as a statement of fact. It is disheartening to see that other media platforms without even caring to check with Mr. Pawan Nara who was reporting that night from JNU chose to believe and report wild allegations. By this statement ZMCL condemns and deny all the allegations made by Mr. Vishwa Deepak and wishes to highlight the following points appealing to all Media Houses to consider prior to portraying the statements as a statement of fact:
    1.    ZMCL is a large media house and people leaving and recruitments are a normal affair.
    2.    Mr. Vishwa Deepak was neither concerned nor was he involved in any stories related to the JNU issue.
    3.    Mr. Vishwa Deepak had never discussed any of these issues with anybody in the organization, if he had any.
    4.    The news report regarding happenings of events in JNU on 09.02.2016 and shouting of anti-national slogans such as ‘?????????????????’is a true factual event that was not only reported by ZMCL but also other Media houses which have also reported shouting of anti-national slogans.
    5.    It is evident from the raw footage shot by its cameraman that slogans such as ‘?????????????????’wereraisedin JNU on the night of 09.02.2016.
    6.    The raw footage of the happenings on the night of 09.02.2016 has been submitted by ZMCL to the Delhi Police and the Police Authorities are in the process of verifying the correctness and truthfulness of the said footage. ZMCL is confident and sure that the authenticity of the said footage would be once and for all clearly established by the reports of Delhi Police.
    7.    ZMCL is an independent media house which has no affiliations with any of the political parties and as such does not take any sides while reporting any news.
    8.    ZMCL has always endeavored to ensure that the news reported by it meets the standards of being unbiased, neutral and are true facts.

     

  • Incorrect and mischievous statements made by Vishwa Deepak

    Incorrect and mischievous statements made by Vishwa Deepak

    MUMBAI: It has come to the notice of Zee Media that Mr. Vishwa Deepak who was working with Zee News, after his resignation dated 19.02.2016, has made certain statements on various social media platforms which are not only incorrect but also defamatory and mischievous. Some of the media houses without proper verification of the facts and going into details of the false, incorrect and mischievous statements made by Mr. Vishwa Deepak, have portrayed the said statements as a statement of fact. It is disheartening to see that other media platforms without even caring to check with Mr. Pawan Nara who was reporting that night from JNU chose to believe and report wild allegations. By this statement ZMCL condemns and deny all the allegations made by Mr. Vishwa Deepak and wishes to highlight the following points appealing to all Media Houses to consider prior to portraying the statements as a statement of fact:
    1.    ZMCL is a large media house and people leaving and recruitments are a normal affair.
    2.    Mr. Vishwa Deepak was neither concerned nor was he involved in any stories related to the JNU issue.
    3.    Mr. Vishwa Deepak had never discussed any of these issues with anybody in the organization, if he had any.
    4.    The news report regarding happenings of events in JNU on 09.02.2016 and shouting of anti-national slogans such as ‘?????????????????’is a true factual event that was not only reported by ZMCL but also other Media houses which have also reported shouting of anti-national slogans.
    5.    It is evident from the raw footage shot by its cameraman that slogans such as ‘?????????????????’wereraisedin JNU on the night of 09.02.2016.
    6.    The raw footage of the happenings on the night of 09.02.2016 has been submitted by ZMCL to the Delhi Police and the Police Authorities are in the process of verifying the correctness and truthfulness of the said footage. ZMCL is confident and sure that the authenticity of the said footage would be once and for all clearly established by the reports of Delhi Police.
    7.    ZMCL is an independent media house which has no affiliations with any of the political parties and as such does not take any sides while reporting any news.
    8.    ZMCL has always endeavored to ensure that the news reported by it meets the standards of being unbiased, neutral and are true facts.

     

  • Zee Media crosses 150 million viewers

    Zee Media crosses 150 million viewers

    MUMBAI:  Zee Media achieves another milestone on an average weekly basis Zee Media crosses 150+ million viewers mark.

    Zee Media Corporation Limited (formerly Zee News Ltd.) is India’s one of the Largest News Network with 10 channels, Mumbai edition of DNA newspaper and digital properties like zeenews.com and dnaindia.com.

    The network comprises of two national channels Zee News (Hindi News), Zee Business (Hindi Business News) and India 24×7(Hindi News). In addition it has regional news channels, Zee Madhya Pradesh Chhattisgarh (Madhya Pradesh & Chhattisgarh), Zee 24 Taas (Marathi), Zee Rajasthan News (Rajasthan), Zee Punjab Haryana Himachal and Zee Kalinga News (Odisha). Additionally the company operates 2 regional news channels through its subsidiaries viz. 24 Ghanta (Bengali) through Zee Akaash News Pvt Ltd and Maurya TV (Bihar & Jharkhand) through Maurya TV Private Limited.

    “It’s rare to be able to touch so many people’s lives and we take pride in adhering to our proposition of delivering in-depth analysis, varied perspective and inspirational stories!”, says ZMCL marketing head Pooja Gupta. This journey though exhilarating, sometimes tumultuous times, has been an enriching and enlightening one. 

    While ZMCL have remained intact over the years and have gained credibility for our strong foothold and news coverage, ZMCL is impatient like any innovators. It seeks potential everywhere and every problem is an opportunity for growth. As the largest news network ZMCL believe our work must be integral to our mission of nurturing more informed and aware citizens, inspiring moments of optimism and happiness, creating value and making a difference to their viewer’s lives, opines ZMCL CEO R. K. Arora.

    This achievement would never have been possible without the continued and relentless support from all our viewers and business associates who have played an intensive role to unlock the collaborative power of the news business, making a much greater collective impact.  

    “The attempt is to achieve a new pinnacle in terms of revenue and market share. So let the revelry continue from a million to a zillion!” signs off ZMCL group CEO Dr. Bhaskar Das.