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Zee Entertainment Enterprises (ZEEL) (formerly Zee Telefilms) is an Indian media conglomerate. Headquartered in Mumbai , it has interests in television, print, internet, film, and businesses related to mobile content, and operates 45 channels worldwide.
The Zee Entertainment Enterprise also owns and operates the record label of Zee Music Company and the film studio of Zee Studios. [45] The company was incorporated in 1992 as the Zee Telefilms Limited, the Essel Group's venture into mass media. It launched its flagship television channel, Zee TV on 1 October 1992. [13]
He was also the chairman of Zee Media but resigned as Director and Non-Executive Chairman of the company on 24 May 2016. [ 3 ] [ 4 ] [ 5 ] He was elected to the Upper House of the Indian parliament for the Haryana state in the 2016 Rajya Sabha election, as an independent candidate supported by legislators from the Bharatiya Janata Party .
On 22 September 2021, Zee Entertainment Enterprises announced that it had reached an agreement in principle to merge its television networks, production operations, digital assets, and program libraries with SPN; the combined company would be majority-owned by Sony, and led by Zee CEO Punit Goenka.
If the merger was successful, Sony would be 74% shareholder in the merged company. [9] However, in October 2020, Reliance Industries, [10] the majority share holder in Viacom18, called off the merger. [11] [12] In June 2021, [13] reports stated Viacom18 and Zee Entertainment Enterprises were reportedly in talks about a merger. [14]
Punit Goenka, MD and CEO of Indian media giant Zee Entertainment Enterprises Ltd, will now work directly with the revenue department of the company’s broadcast business. Ashish Sehgal, chief ...
The proposed merger between Zee Entertainment Enterprises Limited and Sony’s TV operations in India has finally been given a green light – nearly two years after the deal was first announced.
It was a subsidiary of Zee Telefilms Ltd (later renamed Zee Entertainment Enterprises). The company was reincorporated on 27 May 2004, as Zee News Ltd. [3] It was demerged as a separate company of the Essel Group in 2006. [4] In 2013, [5] Zee News Ltd. changed its name to Zee Media Corporation Limited. [6] [7]