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Zee Entertainment registers Rs 530.6 crores profit in Quarter 1 FY 19-20 New Delhi: Zee Entertainment Enterprises Limited (ZEEL) today announced its unaudited consolidated financial results for the quarter ended June 30, 2019. ZEEL registered consolidated revenue of Rs 2008.1 crores in the quarter ending June 30, 2019. Subscription revenues increased as compared to the previous quarter's Rs 565.27 crores and stood at Rs 708.77 crores for the period ending June 30, 2019. Advertisement...
As Sony Max underwent a brand refresh on Saturday (20 July) to celebrate its 20th anniversary, and Zee’s premium Hindi offering &xplor HD gears up for a full-scale launch, it’s worth a look into how far Hindi movie channels have come. 90s kids may remember the launch of Zee Cinema in 1995. Till then, movies on channels such as DD National and DD Metro were limited to the weekends, maybe once a week during the weekdays. Zee Cinema (and later Sony Max in 1999, and Star Gold in 2000) shook up...
&xplor HD – ZEEL’s new premium Hindi movie offering ~ The premium HD destination for thought provoking yet entertaining Hindi movies is now on air~ Zee Entertainment Enterprises Limited (ZEEL) is all set to strengthen its ‘&’ brand for its entertainment channels with the launch of a new premium HD Hindi movie channel - &xplor HD.The channel will air some of the most awaited Hindi movies as part of its movie lineup. Taking a step towards cementing its position as the number one network...
TV18 Broadcast Limited profit down by Rs 7 crores in Q1 FY 19-20 New Delhi: Network 18's subsidiary TV18 Broadcast Limited today announced its results for the Quarter ended 30th June 2019. The company's total income rose from Rs 1,196 crores in the preceding quarter to Rs 1,231 crores in Q1 FY 19-20. Total expenses stood at Rs 1,200 crores up from Rs 1,193 crores in the preceding quarter. Profit after tax reduced by Rs 7 crores as compared to the previous quarter. Mr Adil Zainulbhai...
Star India rebrands SVP Lite English Pack as Star English Special Pack New Delhi: Star India on Monday modified the names of two of its bouquets. The broadcaster in its RIO version 2.0 as amended on 12.07.2019 has renamed SVP Lite English and SVP Lite English HD to Star English Special Pack and Star English Special Pack HD respectively. Pertinent to note that the said pack had undergone name change on 31 May as well. The broadcaster on 31st May had revised the name of these packs from...
With the ICC Cricket World Cup drawing to a close and Season 7 of the Pro Kabaddi League all set to begin, Star Sports, the largest Indian sports broadcasting network, is set to launch its sixth regional-language channel, Star Sports 1 Marathi. It has so far launched Star Sports 1 Hindi (also available in HD), Tamil, Telugu, Kannada and Bangla, with the last three launched between December 2018 and March 2019. This is only Star’s second Marathi channel after Star Pravah, as it has not...
ZEEL CFO Rohit Gupta on FY19 performance, new business initiatives, and TRAI tariff order implications New Delhi: Zee Entertainment Enterprises Limited (ZEEL) CFO Rohit Gupta in a Q&A session last week to his own network answered questions on a range of topics. Rohit Gupta, who joined ZEEL as CFO in September 2018 answered questions relating to the broadcaster's FY19 performance, increase in domestic advertising revenues, acceleration of subscription revenue in FY19, implications of the...
CARE downgrades Zee Media’s credit ratings New Delhi: Zee Media Corporation Limited’s (ZMCL) credit ratings have been downgraded by CARE for long term bank facilities – term loan, long term bank facilities – cash credit and short term bank facilities- bank guarantee. For long term bank facilities- term loan, CARE has revised credit ratings to BBB-(Stable); long term bank facilities- cash credit’s credit ratings have been revised to BBB-(Stable); Short term bank facilities- bank...
Two Raj TV promoter increase their equity shareholding Two Raj TV promoters have increased their equity shareholding in the company. The two promoter shareholders who have increased their equity stake are M Ravindran and R Vijayalakshmi. R Vijayalakshmi has acquired 19100 shares carrying voting rights which amounts to 0.036 % of the total share. After the acquisition, the promoter’s equity shareholding in Raj Television Network Limited is holding of 2984992 equity shares which amount to...
ABP News HD, Sony Marathi HD and MTunes+ among 21 name change permits processed by MIB Delhi: The Ministry of Information and Broadcasting (MIB) has approved the name change application of 21 channels. The ministry's database was today updated with the 21 name changes. ABP News HD, Sony Marathi HD and MTunes+ are the major changes. News1st, Jehovah, Homeshop, B4U Bhojpuri, Power TV, Mahavira TV, Colors Cineplex, Colors Cineplex HD, MR TV, Jeet Prime HD, Homeshop, AM News, GoodTimes...
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