When we look back at the key corporate highlights of Zee Entertainment Enterprises Ltd. (ZEEL) for the year 2016, it is the topmost wave-maker of the year in the Indian Media & Entertainment sector with loads of high value deals, achievements and acknowledgements in both National and International arena.
At the juncture of this year end, tvnews4u.com takes you in to highlights of important corporate developments at ZEEL, as following:
Leadership Achievements
- MIPTV2016 – Médaille d’Honneur award bestowed on Punit Goenka, MD & CEO, ZEEL and Amit Goenka, CEO – International Broadcast Business, ZEEL
- Punit Goenka was appointed as the new IBF President
Key Acquisitions
- ZEEL’s acquisition of the General Entertainment TV Channels from Anil Ambani-led Reliance Group Entities
- Acquisition of ZEE’s TEN Sports Network by Sony Pictures Networks India (SPN) and its affiliates
- ZEE acquired UAE’s radio station Hum 106.2 FM
Domestic Announcements
- Launch of Zee Yuva, a Marathi Youth Channel
- Launch of Zee Anmol Cinema, an FTA Hindi Movie channel
- Launch of Zee Cinemalu, a Telugu movie channel
- Launch of Zee Marathi HD, Zee Talkies HD and Zee Bangla HD
- Zindagi, the No.1 premium entertainment channel, launched a fresh positioning and new primetime line-up
- ZEE Digital Convergence Limited (ZDCL) unveiled the new avatar of dittoTV, the live TV platform priced at just Rs. 20/- a month
- ZEE Digital Convergence Limited (ZDCL) launched ‘OZEE’, a new video-on-demand platform
- ZEE launched the first edition of the ZEE Mindspace Awards at ZEE Melt 2016
- ZEE partners with Jaipur Literature Festival for the fourth year
International announcements
- Zee Sine launched in the Philippines
- One launched in Germany
- Zee Mundo launched in the US Hispanic market
- ZEE tied-up with Dish and Sling TV in the US
M&E announcements of the Essel Group:
- ZEE MEDIA’s acquisition of 49% stake in 92.7 BIG FM, the Radio Broadcasting Business of Reliance Broadcast Network Limited
- DishTV and Videocon D2H merge to creating a leading cable & satellite distribution platform in India
- ZEE offloaded the TEN Sports Network portfolio from its kitty to Sony Pictures Network India (SPN India) for a whooping Rs 2600 crore ($385 million) – considered to be lucrative deal with wonderful valuation.
