Month: January 2024

There is a reason why global brands are always interested in us: Punit Goenka

In its suit filed in Delhi Sessions Court, ZEE had argued that the article published on 21st February 2024 by Bloomberg, was false and factually incorrect, with a pre-meditated and malafide intention to defame the Company. (Image source: Moneycontrol)

Zee MD and CEO, addresses employees, reinforces the strong business fundamentals of the company.

Punit Goenka was worried Sony would start a witch hunt against him: Report

In line with his strategic plan focused towards achieving the targeted goals, ZEE's MD and CEO Punit Goenka proposed the implementation of a lean and streamlined management structure to the Board on April 5. The streamlining process included rationalisation of the workforce by 15 percent.

Sony was already a little wary of Goenka considering the accusation made on him for financial impropriety by the Securities and Exchange Board of India (SEBI), and Goenka was worried that Sony would start a witch hunt against him once the merger was complete, and they had access to Zee’s library of local entertainment content.

Zee’s $1.4 million dollar ICC TV rights deal with Disney Star falls through

ZEE Media, through IDPL, to invest in NewsReach which calls itself a "PR solution platform provider connecting advertisers to their target audience."

As per the agreement, Disney Star would have licensed the TV broadcasting rights of the International Cricket Council (ICC) Men’s and under-19 global events for a four-year period to Zee. Disney Star would continue to have exclusive digital rights for its digital platform (Disney+ Hotstar). Zee will make staggered annual payments from CY24 onwards.

Ayodhya experience was completely surreal: Punit Goenka

“Yogi Adityanath and PM Modi made a point to prove to the world that we too can build the Vatican of this country,” Punit Goenka added.

Punit Goenka was seen participating in the Ram Mandir celebrations on January 22, coinciding with the day when Sony issued a merger termination notice, seeking a $90 million termination fee.

ZEE’s Punit Goenka: Sony ran out of patience

The Board of the Company, chaired by Mr. R. Gopalan, has instituted the required measures, to guide and mentor the management on a regular basis, in order to enable the team to achieve the set goals for the Company

Punit Goenka addressed ZEE employees and spoke at length about the merger fallout and how it will not impact the company’s day to day business.

Punit Goenka addresses Zee employees; ensures no layoffs due to failed merger

The Board of the Company, chaired by Mr. R. Gopalan, has instituted the required measures, to guide and mentor the management on a regular basis, in order to enable the team to achieve the set goals for the Company

Punit Goenka started his address about the failed Zee-Sony merger to employees with “Jai Shree Ram”. He also mentioned the Adani rumours.

MIB urges TV channels to provide accessible telecast for differently abled viewers during Republic Day celebrations

MSOs (Multi-System Operators) and HITS (Headend-In-The-Sky) operators are also instructed to ensure that LCOs with interconnection agreements submit the necessary details within the specified timeframe.(Representative image by Erik Mclean via Unsplash)

MIB has made the Republic Day celebration feed of DD News/DD Bharati available free of cost.