Page 28 - Zee Entertainment

Rebound in Zee, Dish TV shares despite weakness in markets soothes nerves

Company reaches agreement with lenders to not invoke pledged shares; lenders offer 3 months to Zee Entertainment to find strategic partner

No default so far, clarify Zee Entertainment promoters; stock gains

ZEEL MD Punit Goenka said the moratorium for repayment of loans had been extended beyond April 2019 and that the agreement with lenders was a structured, time-bound and consolidated one

Foreign brokerages turn bullish on Zee Entertainment after stock crash

With growth prospects strong, valuations are 45% lower than 10-year average

Jio may join race to pick stake in Subhash Chandra's Zee Entertainment

RIL, said experts, would be able to consolidate its presence in the OTT and broadcasting space, with an investment in ZEEL

Subhash Chandra's Essel Group, lenders reach agreement over debt servicing

The move came following fears of a likely invocation of pledged shares by lenders on Monday after a steep fall in the stock price of Zee Entertainment Enterprises and DishTV

Subhash Chandra's Essel Group banks on infrastructure, media stake sale

Of the 3 infra assets on the block, one is nearing completion, and the rest will be done in the next 3 to 6 months

Zee denies any link with Nityank Infra amid money laundering allegations

On Friday, the stocks of Essel Group-promoted companies - ZEEL, and Dish TV found themselves in the freefall after the news report was published

Investors hit by Zee group stock crash, panicky MFs meet company officials

MFs have high exposure on debt side; Nearly Rs 50,000 cr public money at stake

Zee Group shares tumble, Zee Entertainment sinks 31%, Dish TV tanks 37%

News reports said that the company was in talks with firms including Sony Pictures to sell half of their holding in the entity.

Zee Entertainment, Dish TV, Ashok Leyland, Graphite India hit 52-week lows

Dena Bank, ICICI Securities, ICICI Prudential, Minda Inds, Nilkamal, Shankara Building Products, BASF India and Tata Elxsi were among 22 stocks from the S&P BSE 500 index hitting their respectively.

Zee Entertainment plans to ramp up presence in OTT service in global arena

Launched in February 2018, ZEE5 had 56.3 million monthly active users, according to Zee's quarterly update, with an average watch time of 31 minutes a day

Zee Entertainment extends gains after Q3 profit beats estimates

The stock was up 4 per cent to Rs 476 on Wednesday, extending its Tuesday's 2 per cent gain on the BSE.

Ads help Zee Entertainment post 22% revenue rise; net profit up 50%

The company indicated that it would continue to grow its advertising revenues faster than the industry

Pressure on Zee Entertainment stock amid stake sale by promoters

Deal structure, choice of partner coming into the company are key factors

Zee may divest 20% in OTT biz; eyes music, gaming segments to take on Jio

Zee has already put together an aggressive strategy to take on its rival Reliance Jio

The lines between media and tech are getting blurred: Subhash Chandra

We keep doing reviews of the business within the family and in the past 2-4 months, several approaches have been made (to buy a stake in Zee) and discussions have been held

Zee Entertainment promoters plan to sell up to 50% holding worth Rs 87.5 bn

Essel has decided to appoint Goldman Sachs Securities (India) Ltd as their investment banker and US and European based LionTree as an international strategic advisor for this exercise

ZEE Entertainment acquires US patent for a new digital technology

The platform will offer immersive content, satisfying all five senses

Strong growth in base biz powers Zee Entertainment's show in Sep quarter

Despite pressure, margins much ahead of estimates

OTT concerns to remain an overhang for Zee Entertainment; stock falls

Firm, however, has reiterated margins will remain steady near the 30%-mark despite OTT investments