The key is to consolidate Zeel, ZMCL, Zee Digital and DNA business: Ashish Sehgal

MUMBAI: Zee Entertainment Enterprises Limited (Zeel) had earlier informed BSE that the board of directors of the company at its meeting held on March 29, 2016, inter alia, have approved in-principle the proposal for re-organising advertisement sales and channel distribution functions in the business operations of the company.

With a view to provide media planners with multiple options across genres and platforms, the Zeel board has approved re-organisation of advertisement sales function under a separate entity formed for the purpose on March 23, 2016 in the name of Zee Unimedia Limited. Zeel Chief Sales Officer Ashish Sehgal will be in charge of the new entity as COO. Speaking to Sehgal said, "The key is to consolidate, Zeel, ZMCL, Zee Digital and DNA business in the first phase and then later on focus on Dish TV too."

Sehgal has his eyes on the digital wave, "Digital is growing fast and we will monetise it to the most," he added.

On the other hand, ZMCL CEO Bhaskar Das will now serve Zee Unimedia Limited as president and chief growth and innovation officer, "He will be reporting to me" confirmed Sehgal

To facilitate such reorganisation, the Zeel board has approved acquisition of 100 per cent equity stake comprising of 700 Equity Shares of Rs .10 each of Zee Unimedia Ltd, at par, from the subscribers viz certain employees and key managerial personnel of the company.


Latest Reads
Sony Pix to telecast 'Jurassic World' on 22 October

Sony Pix will take the viewers on a thrilling, adventurous journey with cloned dinosaurs in their Billion Dollar Premiere property. The channel plans to air Jurassic World on 22 October at 1 pm and 9 pm.

Television TV Channels English Entertainment
Sony AXN scripts deal with Pinewood; buys stake in SVOD service Hopste

Folks at Sony Pictures Television (SPT) are in a celebratory mood. Not only has it signed a six-series deal with Pinewood Television but has also acquired a minority stake in the London-based video subscription service for kids content - Hopster.

Television TV Channels English Entertainment
'Chance': Star World Premiere HD to telecast Hugh Laurie film

Star World Premiere HD will telecast psychological thriller 'Chance'. Adapted from Kem Nunn’s noir-ish psychological thriller novel of the same name, it is also produced by Hugh Laurie who stars along with Diane Farr. The movie, directed by Lenny Abrahamson, will air on 21 October at 10 pm.

Television TV Channels English Entertainment
News channels witnessed drop in ratings, says BARC

All the players from the news ecosystem have witnessed a decrease in their respective ratings, according to the Broadcast Audience Research Council (BARC) All India data for this week (i.e week 41). The channels from every category observed a significant fall in the viewership.

Television TV Channels Viewership
Corus Entertainment to launch lifestyle channel in December

Corus Entertainment, the leader in specialty entertainment with six of the top 10 specialty channels in Canada, has announced that it is introducing Cooking Channel, a 24-hour network that caters to avid food lovers, in Canada on December 12, 2016.

Television TV Channels Specialised and Niche
Times Network in 100 countries now; launches two channels in Europe

CANNES: Times Network, a part of India’s largest media conglomerate, The Times Group, is set to launch two of its channels in Europe, marking its presence in over 100 countries.

Television TV Channels News Broadcasting
Arnab NOW wants to challenge BBC and CNN International

MUMBAI: “No news is good news. No journalists is even better”, so said Nicolas Clerihew Bentley, British author and illustrator, best known for his humorous cartoon drawings in books and magazines in the 1930s and 1940s. In India Bentley, probably, would have been proved wrong as Indians --- at...

Television TV Channels News Broadcasting
PEMRA Indian content ban to impact broadcasters

MUMBAI: 21 October, 15:00 hours is going to be a landmark day in the history of south Asian media and entertainment. Reason: that’s the day when the Pakistan Electronic Media Regulatory Authority’s  (Pemra’s) order issued on 19 October banning all Indian content on Pakistan media will come into...

Television TV Channels GECs
Indus Vox Media to highlight Tuscany as food and wine destination

Indus Vox Media has launched a new travel show titled The Drinks and Destinations Podcast. The podcast will release a new episode every Friday and will feature locations such as Tuscany, Greece, Mexico, Rajasthan, Portugal and get an insight into their wines and cultures.

Television TV Channels Specialised and Niche

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories