ZEEL says 'rumours' hurting it, forms Advisory Committee to tackle it
New Delhi/Mumbai: Broadcasting company Zee Entertainment on Friday said it has constituted an Advisory Committee, headed by a former Judge of Allahabad High Court, to tackle "widespread circulation of misinformation, market rumours and speculation" which have led to "erosion of investor wealth" of the firm.
Zee Entertainment Q1FY24 PAT drops 97% YoY to Rs 3.9 cr
Mumbai: Zee Entertainment has reported a huge 97 percent decline in year-on-year (YoY) profit after tax (PAT) to Rs 3.9 crore for the first quarter of the fiscal year 2024, citing a weak advertising environment as the primary reason.
In an effort to address likely anti-competition issues, media groups Zee and Sony have agreed to sell three channels -- Big Magic, Zee Action, and Zee Classic, that may arise post their proposed merger deal, according to media reports.
ZEE-Sony receives merger approval from BSE, NSE
Mumbai/IBNS: Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on Friday granted approval to Zee Entertainment Enterprises Ltd (ZEEL) regarding its proposed merger with Culver Max Entertainment Pvt. Ltd. (previously Sony Pictures Networks India Private Limited).
ZEE appoints Amrit Thomas as Chief Data Officer
Mumbai/IBNS: ZEE Entertainment Enterprises Ltd (ZEEL) Tuesday said it has appointed Amrit Thomas as the Chief Data Officer to improve its overall capabilities in data analytics across all aspects of decision making.
Regret being drawn into the dispute between Zee and Invesco: Reliance Industries
Mumbai/IBNS: Reliance Industries Limited (RIL) on Wednesday said that it regretted being drawn into the corporate battle between Zee Entertainment Enterprises Limited (ZEEL) and its largest shareholder, Invesco.
Zee Entertainment merges with Sony Pictures, Punit Goenka MD and CEO of conglomerate
New Delhi/UNI: Zee Entertainment Enterprises Ltd (ZEEL) on Wednesday said that its board has given in-principle approval for its merger with Sony Pictures Networks India (SPNI).
Subhash Chandra set to lose control over Zee after sale of stake
Mumbai/IBNS: Essel group will sell 16.5% stake in Zee Entertainment Enterprises Ltd (ZEEL) to pay the dues of some of its lenders, media baron Subhash Chandra, who heads the group, said on Wednesday, media reports informed.