Movies

Zee to pump $210 million into film biz

MUMBAI: Zee Entertainment Enterprises Ltd (Zeel) will invest $210 million (Rs 8.5 billion) in its movie production and distribution business over three years.

Zeel‘s film business is being done through a subsidiary company, Zee Entertainment Studios (ZES).


"We plan to raise money in this company. It could be either through an initial public offer or private equity, depending on the market situation," Zeel CEO Punit Goenka tells Indiantelevision.com.


Indiantelevision.com had earlier reported that ZES aims to raise $200 million by diluting 10-20 per cent through an IPO offering at the Alternative Investment Market (AIM) of the London Stock Exchange.


ZES will produce movies in six languages - Hindi, Tamil, Telugu, Marathi, Bengali and Gujarati.


ZES plans to produce 8-10 movies this fiscal, scaling up to 24 films in next fiscal.


The film production and distribution business will fall under two different brands - Zee Motion Pictures and Zee Limelight.


For the first quarter of this fiscal, the company has released Jannat (Hindi) and De Dhakka (Marathi). The revenue from this stood at Rs 102 million and operating profit at Rs 49.9 million.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/29/movie.jpg?itok=TncTZDBy
Three aspiring filmmakers win Moviebuff's theatrically showcased 'First Clap' contest

Five filmmakers from Tamil Nadu were the shortlisted finalists in the Moviebuff First Clap film contest, India's first theatrically showcased talent hunt for aspiring filmmakers, challenging them to tell a compelling story in three minutes on any subject of their interest. Three winners from these...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/27/afternoon-cloud.jpg?itok=njqV-vkh
FTII short film fails to get the Cinéfondation award at Cannes Fest

The only Indian film that had officially made it to Cannes - the short film from the Film and Television Institute of India - has failed to get any awards although it was among the sixteen films shortlisted by the Cinéfondation Selection of the Cannes International film festival to mark the...

Movies Short Films
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/26/sachin.jpg?itok=dtD-NTop
Sachin: A Billion Dreams....For Staunch Sachin fans.

Films on sports did not work with the Indian audience for a long time. If at all some producers dared make a film, it would be mainly on cricket. Of the dozens of films made on sports, less than half a dozen have worked while a couple of others, like Iqbal and Budhia Singh: Born To Run, earned...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/24/PURI.jpg?itok=JgCgwt9d
Om Puri Foundation unveiled in Cannes to help arts, farmers

The Om Puri Foundation has been unveiled today at the 70th Cannes Film Festival to carry forward his legacy and the high standards set by him as an actor on films, television and the theater.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/22/bhaubali2.jpg?itok=30z3Zmp4
Bahubali continues to rule the box office as it pushes aside others in third week

The fact that films and cricket remain its dominant entertainers on television was evident when the Zee TV premiere of Dangal on 21 May and the final of the IPL T20 on Sony Max took the toll at the box office. Last Friday saw the release of two totally different genre films - Hindi Medium and Half...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/22/cannes.jpg?itok=DWBPFQ4q
Cannes delegates apprised of opportunities in Indian film industry

India has invited some masters of world cinema to conduct master classes and workshops in Film Bazaar at the International Film Festival of India in Goa in November and visit different locations in India.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/19/hindi.jpg?itok=pjMi1Kq1
Hindi Medium....Fun in parts

Hindi Medium is meant to be a satire on the education system as it has evolved in India lately. Just about every institution likes to add the word ‘International’ to its name and claim to be affiliated to a system of education somewhere in the West.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/19/Shiv%20Relan_0.jpg?itok=MX4mj9oI
Multi-entertainment channel broadens horizon by adding 'Movies' & 'Buy' options

MUMBAI: The Indian Movie Channel (TIMC), a multi-entertainment channel, is now all set to broaden its horizon by adding two interesting features, brand new segments – TIMC Movies and BUY option. The brand new features on the TIMC website presents users with an engaging experience with enhanced BUY...

Movies Movies On Mutiple Platforms
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/19/Maharaja%20Duleep.jpg?itok=AdpvrGOf
Special screening of Maharaja Duleep Hollywood biopic at Cannes

NEW DELHI: Even though no Indian feature film has been selected for the 70th Festival de Cannes this year, an award-winning historic film biopic on the poignant life story of the last King of Punjab – Maharajah Duleep Singh – also known as The Black Prince -- will be screened at a special...

Movies International

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories