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Zee Entertainment

Zee Entertainment Enterprises Limited: A Media Conglomerate Zee Entertainment Enterprises Limited (ZEEL), formerly known as Zee Telefilms, is a prominent Indian media conglomerate with its headquarters in Mumbai. Established as a television network, ZEEL's expansion has diversified its portfolio sig...

Zee Entertainment Overview

Zee Entertainment Image Source : Wikipedia
  • Company type Public
  • Industry Mass media, Entertainment
  • Founded 15 December 1991
  • Founders Subhash Chandra
  • Headquarters Mumbai, Maharashtra, India
  • Area served Worldwide
  • Key people Subhash Chandra (chairman), Punit Goenka (CEO)
  • Revenue ₹2,112 crore (US$240 million) (2022)
  • Net income ₹-196 crore (US$-22 million) (2022)
  • Number of employees 3,429 (2021)
  • Parent Essel Group
  • Website www.zee.com

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Zee Entertainment history

Last Updated : 26/03/25, 10:26 AM
Zee Entertainment Enterprises: A Trajectory of Growth and Consolidation Zee Entertainment Enterprises (ZEE) emerged as a significant player in India's media landscape, launching Zee Cinema in 1995, the country's first premium movie channel. Its programming initially relied on Star TV until 1999, sub...

ZEE ENTERTAINMENT NEWS

Sony calls off $10-billion merger with Zee; seeks $90-million termination fee

January 23, 2024 3:17 pm

As per the original merger plan, Sony would have held 51 per cent stake in the entity and promoters’ share would have been 4 per cent while the rest would have been held by the public

Sony sends notice to terminate merger with Zee Entertainment

January 22, 2024 5:39 pm

Sony Corporation issued a notice terminating the definitive agreements entered into by SPNI and ZEEL relating to the $10 billion merger, which was previously announced on December 22, 2021. While Sony cited the delay in the merger, there were conflicting views about the leadership of the combined entity by Zee’s MD & CEO Punit Goenka.

SAT lifts SEBI ban on Zee Entertainment's Punit Goenka

October 30, 2023 10:02 pm

The SAT also asked Goenka to cooperate with the Securities and Exchange Board of India (SEBI) in the investigation. The tribunal said in the event any material comes out against Goenka during the course of investigation then SEBI can adopt appropriate procedures in accordance with law.

Japan's Sony says India unit's merger with Zee Entertainment likely delayed

September 29, 2023 1:12 pm

"This transaction was expected to be completed by the end of the first half of fiscal year 2023, but based on the current state of preparation, we expect completion within the next few months," Sony said in a statement.

NCLAT to hear IDBI's plea against Zee Entertainment on August 31

August 18, 2023 9:18 am

IDBI bank had challenged the orders of the Mumbai bench of the National Company Law Tribunal (NCLT), which rejected the private lender's plea to initiate insolvency proceedings against Zee Entertainment Enterprises Ltd.

Zee Ent case: SEBI issues confirmatory order; to complete probe within 8 months

August 15, 2023 1:30 am

SEBI said it will complete the investigation in the matter in a time-bound manner and in any event, ‘within a period of 8 months from the date of this order’.

NCLT clears Zee-Sony deal, paves way for creation of $10-billion entertainment giant

August 11, 2023 12:41 am

Following the order, Zee’s share price rallied to gain 20% in intra-day trade and closed up 17.95% at `285.55 on the BSE.

ZEE shareholders reject reappointment of Alicia Yi as independent director

July 14, 2023 1:17 pm

Shareholders of Zee Entertainment Enterprises Ltd (ZEEL) have rejected a proposal for reappointment of Alicia Yi as an independent director on the company board.

ZEE Entertainment case: SAT rejects plea filed by Chandra and Goenka against SEBI order

July 11, 2023 1:41 am

On June 27, SAT had reserved its order on petitions filed by Chandra and Goenka.

Sony Pictures says monitoring Sebi's moves on merger partner Zee Entertainment

June 21, 2023 12:49 pm

Sony Pictures Entertainment said it took Sebi's order banning Zee Entertainment's founder and chief executive officer from holding board positions "seriously."

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