Page 25 - Zee Entertainment

Zee Entertainment slips 7% amid reports govt to probe company's books

In the past two weeks, ZEEL has underperformed the market by falling 23 per cent after reporting disappointing numbers for the quarter ended December 2019 (Q3FY20).

Zee Entertainment dips 4% as Q3 profit plunges on low ad revenue, high cost

According to the management, the domestic ad revenue was hit by the persisting slowdown in the key consumer sectors.

Zee Entertainment Q3 profit before tax slips 37% as ad revenues dip

The advertising revenue for the quarter came in at Rs 1,230.8 crore, down 15.8% YoY

Ad growth slowdown, new rules headwinds for Zee Entertainment stock

Valuations appear attractive, but near-term concerns remain

Zee says 3 cable operators of 'illegally blocking' channels in Tamil Nadu

Nearly 70 per cent of share gains for Zee came from its regional network.

Zee picks a cue from its viewership gains, raises bet on regional channels

Almost 15 channels of the 59 within its overall network are regional-language channels, with plans to fill key gaps in the future

The dance of the media elephants

As the big boys of media push for consolidation, scale is emerging as the killer app

After Subhash Chandra's exit from Zee, acid test awaits son Punit Goenka

The litmus test for Goenka would be to take the financial investors, who've backed Zee, along with him even as he strives to weather the latest storm

Zee Entertainment extends fall on resignation of independent directors

independent directors Neharika Vohra and Sunil Sharma stepped down on November 22 and November 24, respectively, the company said

Three Zee Entertainment directors resign, cite related-party transactions

Zee also said it had a definitive plan in place to recover the outstanding amounts from Dish TV and Siti Cable, and that it was monitoring the situation closely

Zee Entertainment falls 9% after Subhash Chandra resigns as chairman

Zee said Chandra would continue to "mentor" the management, coming at a time when the promoter family has retained management control with only 5.9 per cent stake in the company

Top biz headlines today: SC Maharashtra order, Zee chairman quits & more

From DGCA directing IndiGo to replace unmodified P&W engines to Karvy denying fund abuse charges, here are the top headlines of the day.

After stake sale, Subhash Chandra quits as Zee Entertainment chairman

Chandra will be non-executive director and 'mentor' to management

Singapore govt, monetary authority increase stake in Zee Entertainment

The Subhash Chandra-led cash-starved Essel Group on November 20 said it is planning to sell 16.5 per cent stake in its flagship ZEEL to financial creditors to meet its loan repayment obligations

The many 'Colors' of Sony: Getting Viacom18 will keep growth engines going

If Sony is indeed acquiring Viacom18, it will become the largest media company after Disney Star

Zee Entertainment extends gain after promoter's stake sale

In the past three trading days, the stock of ZEEL has rallied 27 per cent, as compared to a 0.25 per cent decline in the Nifty 50 index.

Management control key trigger for Zee Entertainment; stock gains over 12%

While 1 per cent of the promoters' holding will still be pledged, analysts believe issues related to promoter debt will come to an end

Subhash Chandra to sell 16.5% stake in Zee, become minority shareholder

Will sell 16.5% stake and retain 5.9%; promoters to retain management control

Zee Ent slips 3% as Brickwork downgrades preference shares, issuer rating

The downgrade in the rating inter alia factors the deteriorating financial flexibility of the group marked by an increased pledge of promoter holding and continuous volatility in share price movement

Zee lenders begin strategic sale, promoter shares moved to escrow accounts

Sources familiar with the developments said following the sale of stake to a strategic investor, the promoters might have only 12 per cent, including the 10 per cent stake with VTB