Television

Demerged Zee Tele to start trading from 18 December

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/05/31/Zee%20Telefilms%20Ltd.jpg?itok=bHc9t3w-

MUMBAI: Zee Telefilms Limited (ZTL) today said that the demerged shares of the company would start trading on the stock exchanges from 18 December.

This follows the hiving off, effective 22 November, of the cable and the regional and news broadcasting businesses into Wire & Wireless India Limited (WWIL) and Zee News Limited (ZNL) respectively. WWIL and ZNL will get listed on the bourses in January, the company announced.

Demerged ZTL (including the DTH business undertaking) would continue to trade on the stock exchanges. A separate record date would be announced for the demerger of the DTH business of ZTL into ASC Enterprises Limited, to be renamed Dish TV India Limited (Dish), it was announced.

The process of getting approval for the demerger of the DTH business is under way, the release adds.

Zee Group chairman Subhash Chandra stated, "From 18th December, Zee Telefilms Limited would start trading as the demerged entity (to be renamed Zee Entertainment Enterprises Limited) and two new companies would start their journey as independently listed entities. Though the business of both WWIL and ZNL was earlier part of ZTL, they would be able to unlock greater shareholder value as independent companies."

Zee has already received approval of its demerger scheme by the Bombay High Court.

Shareholders of ZTL would receive 45 shares of ZNL and 50 shares of WWIL for every 100 shares held in ZTL. As for Dish 100 shares in ZTL would translate into net 57 shares, implying effective shareholding of 57 per cent.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/29/star-world.jpg?itok=K1eyADFd
Latest shows on Star World throughout July

Star World, an English Entertainment channel, has been a forerunner in introducing some of the most star-studded, critically acclaimed, popular and award-winning shows to its audiences. This monsoon, get ready to enjoy a power-packed line up of TV shows that will be launching throughout the month...

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/29/india.jpg?itok=8T5sN5XM
GEC: Star Plus regains lead, Sony Pal slips in two segments

Star Plus has regained its top position in Hindi GEC (U+R) this week. Last week's leader Sony Pal fell to the third position in two segments (U+R and rural), according to BARC India week 25 ratings data.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/29/HD-broadcast.jpg?itok=U_BhS1Fe
HD broadcast to propel switchers market to $ 2.47bn by '24, A-Pac may surpass N. America

MUMBAI: As the world transitions from analogue content to digital broadcasting, it is in dire need of broadcast switchers. This trend has created a remarkable demand for broadcast switchers in the developing countries of India, Japan, Africa, Ukraine, and Russia amongst others as they are working...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/29/lo.jpg?itok=jTUum2f9
Return of Rebel 2 & PK return Sony Max to top 10 prog list across genre

BENGALURU: The airing of The Return of Rebel 2 across Hindi Movies (Urban+Rural), Hindi Movies (Urban) and Hindi Movies (Rural) and PK along with Son of Satyamurthy in the Hindi Movies (Urban+Rual) and Hindi Movies (Urban) markets saw Son Max re-enter the Top 10 channels across genre All India (U+...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/29/Anil_Shubhranshu_Vinit.jpg?itok=l3BRI6z2
PKL 5 advertisers grow three-fold, sponsorships rise 320%

MUMBAI: Pro Kabaddi League (PKL) sponsorship revenue, in the fifth year, rose 320 per cent in 2017 and there was three times increase in the number of advertisers, Star India EVP and head - ad sales Anil Jayaraj said at the Mumbai event announcing the PKL 5. Star India owns the on-ground...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/28/matheww.jpg?itok=GfhBRjwI
Next Animation Studio appoints Duntemann as chief creative officer

Next Animation Studio (NAS) has announced that Matthew Duntemann has joined the company as Chief Creative Officer. Based at NAS headquarters in Taipei, Duntemann will report directly to the CEO Indra Suharjono.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/28/andrews.jpg?itok=PE4BTugT
Keshet hires kids content veteran Nicola Andrews to lead acquisitions & sales

Keshet International (KI) has appointed Nicola Andrews, a kid’s content expert with more than 20 years’ experience, to lead its recently announced kid’s division. Nicola joins KI as Senior Sales & Commercial Director, Kids, based in London, reporting to Keren Shahar, COO KI and President of...

Television TV Channels Kids
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/28/Ruper%20Murdoch.jpg?itok=Uzqo3f6G
Ireland clears Fox' proposed acquisition of Sky

MUMBAI: 21st Century Fox has welcomed the decision by the Republic of Ireland’s Minister for Communications, Climate Action and Environment to clear the company’s acquisition of the outstanding shares of Sky that the company does not already own, ruling that the proposed transaction will not...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/28/Kevin_Vaz-Alok_Jain_0.jpg?itok=CjSsH2Pw
Movies HD in Star Maa's refreshed identity with new programmes

MUMBAI: Star Maa, the Telugu GEC of Star Network, is rechristening its network channels under the Star Maa umbrella. On 25 June, the brands Maa Music, Maa Gold and Maa Movies were respectively rebranded as Star Maa Music, Star Maa Gold & Star Maa Movies. Apart from the refreshed movies channel...

Television TV Channels Regional

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories