Zee Entertainment Enterprises Limited is engaged in the field of television and allied media. The company has its market capitalization worth INR 18,628.98 crore as of 16th April 2021. The company was incorporated in 1991. The company has reported quarterly revenue of INR 2,089.24 crore at the end of December 2020. This company is listed on the Bombay Stock Exchange (BSE), having the code 505537 and on the National Stock Exchange (NSE) with the symbol ZEEL.
Zee Entertainment Enterprises Limited has its headquarters in Mumbai. The company majorly works in television, print, internet, film, mobile content and allied businesses.
Zee Entertainment Enterprise Limited (ZEEL) operates through broadcasting and content segments. The brands under this umbrella include Zee TV, Zee Cinema, Zee Classic, Zee Action, Zee Café, Zee Anmol, Zee Q, Zindagi, ETC Bollywood, Zee Studio, Zee Salaam, Zee Talkies, Zee Marathi, Zee Bangla cinema, Ten Golf HD, &pictures HD, Ten 1 HD, Sarthak and Zing, which in all give a housing of over 260000 hours of entertainment content on televisions. It has a network of 1.3 billion viewers in over 173 countries through domestic and 40 international channels. The critical revenue segments include revenue from advertising, television content, subscription income, commission, transmission revenue and other operating revenue as of the year ending March 2021. The company operates under the leadership of CEO Amit Goenka.
The company launched Zee Music Company as a music publishing label in 2014 and acquired an 80% stake in a tech start-up, Margo Networks, in 2017. In 2018, the firm was named one of India's best places to work. During the same time frame, they released the ZEE5 app, which completely transformed the OTT entertainment website with its unrivalled content. Post this; they invested a sum of INR 522 crore in its subsidiary Margo Networks in 2020. It also launched ZEE Plex, a C2H (Cinema to home) service on the digital and television platforms. The corporation made INR 11.1 billion in sales during the first quarter of the fiscal year 2021. They posted a 9.3 per cent year-over-year increase in subscription sales, led by Zee5 and television. Overall, year-over-year growth was 33%.Read More