BizAsia: New channels ZEE Power & ZEE BanglaSonar unveiled at ‘Z’ Whats Next event

Story from BizAsia:

Zee, one of India’s most iconic and beloved media brands, reaching 854 million viewers across 208 million households, entered a bold new era with the launch of its new brand identity and powerful brand promise “Yours Truly, Z”.

Variety; ZEE5 Chief Amit Goenka Maps Global Expansion Strategy Around Multilingual Content Push: ‘You Will See a Different Experience Altogether’

Story from Variety:

ZEE5 is making a bold bet on its multilingual roots as the Indian streaming giant undergoes a major brand refresh and strategic pivot designed to capture the next wave of digital entertainment consumption.

Bizasia: ZEE refreshes brand as it transforms into a “content & technology powerhouse”

Story from Bizasia:

ZEE Entertainment Enterprises Ltd has announced its transformation into a Content and Technology Powerhouse, with an aim to offer premium quality content and an immersive consumer experience across entertainment platforms.

Broadband TV News: Titan OS rolls out ZEE One across Europe

Story from Broadband TV News:

Titan OS is partnering with Zee Entertainment UK for the launch of Indian entertainment channel ZEE One in 13 European territories.

BizAsia: ZEE files counterclaim of $8 million against Star India over ICC rights dispute

Story from BizAsia:

ZEE Entertainment Enterprises Limited (ZEEL) has filed an $8 million counterclaim against Reliance Industries Limited’s Star India over a dispute related to an International Cricket Council (ICC) contract.

Variety: Bollywood Buzz

Story from Variety:

Indian media and entertainment convention FICCI Frames has tapped Bollywood actor Ayushmann Khurrana as its brand ambassador as the event gears up for its silver jubilee celebration.

BizAsia: Is ZEE TV returning to its original ‘Z’ ident logo?

Story from BizAsia:

ZEE TV is set to undergo a brand revamp by reintroducing its iconic ‘Z’ ident in its logo.

BizAsia: ZEE share price zooms up after SEBI rejects ZEE settlement plea

Story from BizAsia:

ZEE Entertainment Enterprises Limited (ZEEL) saw its share price rise to a high of ₹132.8 per share, defying a weak market trend.

BizAsia: Manish Kalra quits ZEE5 as Chief Business Officer for India and Global

Story from BizAsia:

Manish Kalra has stepped down from his role as Chief Business Officer for India and Global at ZEE5.

BizAsia: ZEE approaches Sony to revive $10 billion merger talks

Story from BizAsia:

ZEE Entertainment Enterprises Ltd (ZEEL) has reportedly reached out to Sony Pictures Networks India (SPNI) in an effort to reignite discussions on their proposed $10 billion merger.

Bizasia: ZEE refutes Star India claims over ICC rights deal; seeking damages worth $940 million

Story from BizAsia:

Star India has filed a Statement of Case in its ongoing arbitration against ZEE, seeking damages of $940 million (approximately Rs 7,869 crore) following the termination of their ICC TV rights deal.

Variety: Zee Group’s Subhash Chandra Accuses Indian Regulatory Chief of Sinking Company’s Merger With Sony

Story from Variety:

Subhash Chandra, chairman emeritus of Indian media giant Zee Entertainment Enterprises Ltd (ZEEL), has accused Madhabi Puri Buch, chair of regulator Securities and Exchange Board (SEBI) of scuppering the Sony-ZEEL merger.

BizAsia: ZEE-Sony reach settlement to conclude all disputes related to failed merger

Story from BizAsia:

ZEE Entertainment Enterprises Ltd. (ZEE), Culver Max Entertainment Pvt. Ltd. (CMEPL) operating as Sony Pictures Networks India (SPNI), together with its group company Bangla Entertainment Pvt. Ltd. (BEPL), have arrived at a comprehensive non-cash settlement, amicably resolving all disputes related to the Merger Co-operation Agreement and the Composite Scheme of Arrangement.

BizAsia: Star India to seek damages against ZEE after termination of ICC TV rights deal

Story from BizAsia:

Star India has terminated its $1.5 billion TV rights deal with ZEE Entertainment Enterprises Limited for the International Cricket Council (ICC) events.

BizAsia: ZEE withdraws NCLT case against Sony

Story from BizAsia:

ZEE Entertainment Enterprises Limited (ZEEL) has scrapped its National Company Law Tribunal (NCLT) case against Sony, following the termination of the merger deal between the two broadcasting giants.

Deadline: India’s Zee To Cut 15% Of Staff, CEO Punit Goenka Proposes “Lean” Board Structure

Story from Deadline:

India’s Zee Entertainment Enterprises is planning to cut its workforce by 15%.

Advanced Television: Zee overhauling business

Story from Advanced Television:

Most observers do not expect there to be any resurrection of the Zee merger with Sony’s India assets.

BizAsia: ZEE releases statement over reports of Disney Star taking legal action for pulling out of ICC rights deal

Story from BizAsia:

ZEE Entertainment Enterprises Limited (ZEEL) has released a statement over reports that Disney Star is mulling legal action for pulling out of the ICC rights deal.

BizAsia: ZEE seeks arbitration after failed Sony merger

Story from BizAsia:

ZEE have said it will now look for an Indian arbitration of the merger problems with Sony.

Bizasia: ZEE seeks to claim Rs 700 crore in costs from Sony after failed merger

Story from Bizasia:

In the latest developments of the ZEE-Sony merger, ZEE Entertainment Enterprises plans to claim it incurred costs of Rs 700 crore for fulfilling conditions of the planned merger, which fell through last week.