Television

Zee’s Subhash Chandra plans succession; names Amit Goenka as head - international biz

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2015/10/14/Untitled-1_36.jpg?itok=11pBJkCz

MUMBAI: In a bid to steer to company towards the future, Zee Entertainment Enterprises Ltd's (Zeel) Next Gen is stepping into pivotal roles. While Zeel chairman Subhash Chandra had pulled in his elder son Puneet Goenka into the firm a decade ago, he is now shoring up the senior management by bringing in his younger son Amit Goenka as CEO of Zeel's international broadcasting business.

 

Even as Puneet has steered Zeel to greater heights as its managing director and CEO, Amit, who was earlier the non executive chairman of the company, has been entrusted with the responsibility to provide clear focus to the company’s international operations. 

 

To this effect, Zeel is reorganising its overseas broadcasting operations of all international channels, excluding sports, English channels and uplinking activities, under a wholly owned subsidiary of its company Asia Today Ltd (ATL). Currently, these operations are housed under Zeel’s overseas subsidiaries ATL, Mauritius (being renamed as ATL Media Ltd) and Zee Multimedia Worldwide (Mauritius) Ltd and their respective subsidiaries.

 

Additionally, Zeel has also got board approval to write-off of an investment of GBP 3.25 million (equivalent to Rs. 33.06 crore) made by ATL, in 2013 for acquiring a minority stake in MirriAD Ltd., UK. This write-off was on account of continuing losses and consequent capital reduction and restructuring in the latter.

 

“Bringing in Amit is a good move by Chandra as he has successfully been working behind the scenes at the Essel Group on innovations and business development despite heading Playwin as its CEO. He has a good deal of experience under his belt, which should help Zeel achieve Chandra's global vision for Zee,” says a media observer. “It's good succession planning by the savvy mediapreneur. And it’s quite akin to what his former partner Rupert Murdoch has done in recent times by bringing in his elder son Lachlan in a non-executive capacity as News Corp co-chairman and 21st Century Fox. His younger son James has been running 21st Century Fox as its CEO much earlier.”

 

A techie at heart, Amit has more than 10 years experience and is the CEO of Pan India, which runs the online lottery business under the Playwin brand. Some of the other projects where he is involved are ITZ Cash, animation division, wireless mobility, 7575 short code business, Digital Media Convergence Limited, Mumbai Football Club, All Sports Bar and All Sports Magazine amongst others. Amit has also worked with Zee Telefilms and was closely associated with the group's investment and restructuring of the ICO project, a global mobile telephony project during his early days.

 

Additionally, Zeel executive vice chairman Subodh Kumar has resigned from his post with immediate effect. He will, however, continue as a non-executive director on the Board of the company.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/lal.jpg?itok=gi-ZabHS
&TV presents Laal Ishq - passionate love stories with a supernatural twist

We promised to be together forever. Nothing could take us apart - not even death. Even though my body has long gone, my spirit still lives on… my soul will always be with you. For true love, never dies. &TV’s latest offering Laal Ishq, a series of passionate love stories with a supernatural...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/kumkum.jpg?itok=MYwxtkw_
Zee Anmol retains lead in GEC (U+R) in BARC's week 24 data

Zee Anmol retained its top spot in Broadcast Audience Research Council (BARC) data for week 24 in the Hindi GEC (U+R) market. While Star Utsav and Rishtey swapped their third and fourth positions in the rural market, Star Plus and Zee TV exchanged second and third positions in the urban segment.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/mirror.jpg?itok=iCGUizmu
BARC, Week 24: Rebublic TV dominates, Mirror Now enters top five

MUMBAI: Times Network’s English news channel, Mirror Now, replaced NDTV in the All India Broadcast Audience Research Council’s (BARC) week 24 rantings, as Arnab Goswami's Republic TV continued to dominate the English news market While Aaj Tak led the charts in two Hindi news markets, ABP News...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/com.jpg?itok=dt4jzm8M
What next with Fox-Disney-Comcast ?

MUMBAI: Part poker, part chess. That's exactly how the Disney-Comcast bidding war for Rupert Murdoch's entertainment conglomerate - 21 Century Fox - is being played out. The intense, see-saw battle for the media empire, which includes Hollywood studios, cable networks and streaming businesses, isn...

Television Production House Post Production
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/sky.jpg?itok=iRHwz8oe
Sky News gets 15-year commitment from Disney in takeover battle

MUMBAI: Disney has refrained from selling Sky News without the U.K government’s permission and offered British authorities a commitment to operate Sky News for 15 years. For its part, 21st Century Fox has offered new commitments in an attempt to get its $15 billion bid for Sky over the finish line...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/discovery.jpg?itok=8KddrXNz
Discovery picks Park Avenue address for new global HQ

MUMBAI: Discovery Inc. has selected a Park Avenue address for its new global headquarters. The company is also expanding facilities and adding jobs in Virginia. The company has signed a long-term lease with TF Cornerstone to occupy the entire space of 230 Park Ave South. According to GlobeSt.com,...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/cr7.jpg?itok=-tKIxKC0
NBCUniversal accuses BeoutQ of illegal streaming of FIFA World Cup in MENA

MUMBAI: NBCUniversal, an American multi-national media conglomerate owned by Comcast, has accused a pirated streaming service called BeoutQ in the Middle East and North Africa (MENA) for illegally broadcasting the FIFA 2018 World Cup matches. NBC's Telemundo unit, which holds the Spanish-language...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/Sony.jpg?itok=YEJWnfIl
How Sony is bringing the FIFA World Cup 2018

MUMBAI: Sports broadcasting is no ordinary business. Just ask Star India and Sony Network Pictures (SPN) India – who often slug it out against each other for the rights of premium sporting properties. The two high rollers of Indian sports broadcasting play by one simple rule: high risks, high...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/20/mpa.jpg?itok=vqd31YXu
Sports media rights to soar 22% in 2018 in Asia Pacific: MPA

The market value of sports media rights is set to reach US$5.0 billion in Asia Pacific ex-China this year, according to Asia Pacific Sports In The Age Of Streaming, a new report published by Media Partners Asia (MPA).

Television TV Channels Sports

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories