Zee acquires UAE's Hum 106.2 FM

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Zee Entertainment Enterprises Limited (ZEEL) has forayed into radio with the acquisition of UAE’s first radio station, Hum 106.2 FM. The radio station was previously owned and operated by Shamal Media Services.

The station is a frequency originating from the emirate of Umm Al Quwain and forms a part of Umm Al Quwain Broadcasting Network (UBN). The frequency was one of the first Hindi and Urdu language frequencies to hit the UAE airwaves in the 1990’s. It redefined drive time and boasted of many celebrity Radio Jockeys. It also went on to popularize live cricket commentary on radio and has a lot of pioneering firsts in the radio business.

ZEEL International broadcast business CEO Amit Goenka said, “In our journey of over two decades, ZEE has always led the industry in its evolution and transformation. At ZEE, we are always looking at strategic acquisitions across the globe to increase our footprint and market share in the entertainment industry. Radio has been an area of interest for ZEE for quite some time and after extensive planning and studying of the brand values, ratings and revenue generated by various stations, we felt that an investment in Hum FM was the best option. Hum FM has a legacy of almost two decades and with a current market share of 26%, it is the top Hindi radio station in the UAE. ZEE is confident that it can leverage its very strong South-Asian brand connect onto Radio, and offer a synergy of Television, Radio and Digital that could revolutionize the entertainment industry in the UAE.”

After being a pioneer with the launch of India’s renowned Hindi satellite channel, Zee TV in 1992, Zee Entertainment was the first to launch a Bollywood TV channel, Zee Aflam in 2008 for the Arab audience as well introduce the Arab world to Hindi programs dubbed in Arabic with Zee Alwan in 2012.



http://www.indiantelevision.com/television/tv-channels/gecs/zee-acquires-uaes-hum-1062-fm-160929
 
So all SPNs money now Zee will use to Acquire FM nd TV9 network ;)
 
Adithya Vikram said:
then who will acquire rbnl's radio and tv business

Zee will not acquire it that's confirmed :k
 
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