Television

Zee to hold 74% stake in JV with Turner

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2014/08/06/zeetv_2.jpg?itok=3406X1Lc

Zee Telefilms Limited and Turner International (India) Private Ltd, an AOL Time Warner Company, today announced an agreement to form a joint venture company, Zee Turner Private Ltd, to manage distribution and trade marketing for a bouquet of channels of the two companies and third party channels in India and South Asia.



The JV partners are currently seeking all relevant regulatory approvals, an official release states.





Zee will hold 74 per cent equity and Turner 26 per cent in the joint venture. The company will be based in New Delhi. The board of directors will comprise three directors nominated by Zee and one by Turner. DP Naganand, director of Zee Telefilms and group head, access business for Zee, will be chairman. The JV will be managed by a team of Turner and Zee executives. Anshuman Misra will be managing director of the JV (and will continue to head up Turner), with Sunil Khanna as the CEO, Paresh Karia as the CFO and Siddharth Jain as the senior vice-president, distribution.





Zee group chairman Subhash Chandra expressed his happiness about the formation of the joint venture with Turner, a subsidiary of AOL Time Warner, the world?s largest media company and said: ?This new joint venture is in keeping with Zee?s philosophy of associating with world class organisations to deliver better value to its customers and all other stakeholders. The joint venture leverages both partners? respective brands and will enhance each party?s distribution strength. Zee will continue to explore other strategic co-operation and investment opportunities with AOL Time Warner.?



?This alliance, the first of its kind for Turner in Asia is a ground-breaking step for us in India. Partnering with Zee, India?s premier broadcast group, means that together we can offer an unparalleled blend of international and local channels to viewers,? said Steve Marcopoto, president & managing director of Turner Broadcasting System Asia Pacific Inc. ?This new venture also underscores our commitment to investing and participating in the growth and future development of the country?s cable and satellite industry,? he said.





A number of initiatives in cross-promotions, programming and distribution arrangements are under consideration in line with the intent of the two companies to derive maximum value from this partnership.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/18/Campaign.jpg?itok=b6QE0eTQ
Sony India unveils #KoiKasarNahi campaign for Asian Games

The 18th edition of Asian games is all set to go on floors from 18 August to 2 September 2018 in the Indonesian cities of Jakarta and Palembang. Meanwhile Sony Pictures Networks India (SPN) today announced its marketing and digital initiatives for the pan-Asian multi-sport event. With India being...

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/18/Sun_TV_800.jpg?itok=LjfNJsqT
Sun TV leads the Tamil market in BARC week 32

Zee Bangla continued to maintain its first position in BARC’s week 32 data. The Bhojpuri market, however, had a new entrant - Oscar Movies Bhojpuri that secured fifth position, whereas in the Kannada segment, Colors Kannada retained its leadership position. Asianet from Star TV continued took the...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/18/Zee_Anmol-800.jpg?itok=K8PpdkTD
Zee Anmol back on top of Hindi channels in across genres

After a short hiatus, Zee Entertainment Enterprises Ltd (Zeel) free to air (FTA) Hindi GEC Zee Anmol was back at number two rank in Broadcast Audience Research Council of India (BARC) weekly list of the top 10 channels across genres (across genres list) in week 32 of 2018 (Saturday, 4 August 2018...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/17/star.jpg?itok=VclldYU3
Star India mobilises disaster relief for Kerala; Star network rallies public support #AllForKerala

As Kerala struggles with the devastation of massive floods, Star India, and its employees have stepped up to donate to and mobilise disaster relief for the flood-ravaged state #AllForKerala

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/17/debate.jpg?itok=jDHt_-OJ
BARC week 32: Republic TV regains top position in English News

After losing its top position in week 31 of BARC ratings Arnab Goswami’s Republic TV regained its top position in the English news genre in week 32. Times Now stepped down to second position.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/17/zee.jpg?itok=earyuT-k
Zee Anmol leads Hindi GEC (U+R) in BARC week 32

Dangal TV emerged as the new entrant in Broadcast Audience Research Council (BARC) data for week 32 of 2018 in the Hindi GEC (U+R) market.

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/17/animal.jpg?itok=nTozo4Fd
HCL Corporation & The Habitats Trust tie-up with Animal Planet to create awareness about the need to save species and their habitats with ‘On the Brink’

HCL Corporation, a global technology conglomerate, & The Habitats Trust, a recently launched foundation working towards protecting habitats and their indigenous species

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/17/flix.jpg?itok=WvSHeMmv
&flix brings the explosive action thriller this Sunday with ‘S.W.A.T.: Under Siege’

It’s triple the trouble and thrice the thrill – this season, your favorite Special Weapons and Tactics team – S.W.A.T. are back with the third installment of the blockbuster series.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/17/vollyball.jpg?itok=JNW_Dk9W
Sony India bets on Pro Volleyball League

Sony Pictures Networks (SPN) India has signed a multi-year deal with Baseline Ventures and Volleyball Federation of India (VFI), to broadcast the inaugural season of the Pro Volleyball League in February 2019.

Television TV Channels Sports

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories