Zee Entertainment Enterprises

Zee Entertainment Enterprises Ltd.

Trading name	ZEEL
Type	Public
ISIN	INE256A01028
Industry	Mass media
Founded	October 1992
Founder	Subhash Chandra
Headquarters	Mumbai, Maharashtra, India[1]
Key people	Subhash Chandra (Chairman) Punit Goenka (MD & CEO)
Products	Broadcasting, publishing, cable, movie production
Revenue	₹46.02 billion (US$680 million) (2014)[2]
Net income	₹8.90 billion (US$130 million) (2014)
Number of employees	1,826 (2014)
Parent	Essel Group
Website	www.zeetelevision.com

Zee Entertainment Enterprises Ltd. (ZEEL) is an^[3] Indian media and entertainment company based in Mumbai, Maharashtra, India.^[4] It is a subsidiary of the Essel Group. The company's founder and managing director is Subhash Chandra and its current CEO, Puneet Goenka. The Company has 35 channels serving Indian content across India and 169 countries.

History

The company was launched on 15 December 1991 and was previously known as Zee Telefilms until 2006, when it was renamed and the news and entertainment units were spun off into four smaller divisions. ZEEL currently operates over 15 different television channels, a cable company Siti Cable, a record label Zee Music Company, a production company and other businesses as well. It has expanded operations abroad, with several of its channels available in the UK and US as well as Africa and Asia.

In 2002 ZEEL acquired a majority stake (51%) in ETC Networks. In 2006, they acquired Integrated Subscriber Management Services Limited and in November 2006, ZEEL acquired an interest (50%) in Taj television TEN Sports.

In February 2010 ZEEL acquired an additional stake (95%) in TEN Sports.

As of May 2011, Star DEN, (which is 50% owned by 21st Century Fox) brought 50% of Zee, making FOX own 25% of Zee.^[5]

As Zee Telefilms, the company formed part of BSE Sensex from 2000-2005. The news and regional entertainment channel business was spun off into a separate company in 2006 under the corporate banner Zee News Ltd (ZNL).

Fox also holds an approximate 30% interest in Tata Sky Limited which owns and operates a DTH platform in India. The Company has a 50/50 joint venture, Star Den, with Den Networks Limited to perform channel placement services in India. In May 2011, Star Den entered into a 50/50 joint venture with Zee Turner Limited and Zee Entertainment Enterprises Limited (“ZEEL”) to distribute and market all channels owned by the Company and ZEEL, their respective affiliated channels and other third party channels in India, Nepal and Bhutan.

It also owns a music label, "Zee Music Company".^[6]

Channels

Zee Entertainment Enterprises Ltd. currently operates the following TV channels:

Movie productions

In 2008, Zee Networks launched Zee Motion Pictures,^[8] an independent subsidiary of Zee Entertainment Enterprises focusing on development, production, distribution and marketing of mainstream films multiple Indian languages including Hindi, Bengali, Telugu, Marathi, Tamil, Kannada and Odia. Zee Motion Pictures also operates Zee Limelight.

References

External links

• Official website