Posts Tagged ‘Zeel’

Zeel-Nielsen into partnership for monitoring of TV ratings in US

August 21, 2010

Zee Entertainment Enterprise Limited, the major media conglomerate in India has indulged into a partnership with profound rating firm The Nielsen Company for monitoring of its television ratings in the US broadcasting space.

In an official statement, Bharat Ranga (COO, International Business, ZEEL) said, “We are the only South Asian network to be rated by Nielsen in the US. This reinforces our research-oriented approach to high-quality programming.”

Ranga further added, “Nielsen’s ratings would enable Zee TV to deliver exceptional programming to millions of South Asians, who tune into the network every day and also provide advertisers with deeper insight into audience behaviour and TV trends.”

According to studies, approximately 16.5% of the viewers watch the channels of Zee network in US which also includes a significant 3.8% of South Asians. The data and studies of Nielsen will definitely benefit Zeel in introspection and getting better revenues from the advertisers.

Zeel to transfer shares abroad to promoters for non-news channel

July 19, 2009

Zee Entertainment Enterprises Ltd. has been allowed by the Finance Ministry to transfer fully paid equity shares to an overseas entity belonging to the promoters Group for uplinking a non-news and current Affairs TV channel.

However, a Finance Ministry release said this does not involve any fresh inflow of foreign direct investment (FDI).

UTV Software Communications Ltd. has been permitted to increase its share holding from 75 per cent to 85 per cent by purchase of equity shares and to amend the FC approval letter.

This will not involve any fresh FDI inflow.
Following the recommendations of the Foreign Investment Promotion Board (FIPB) in its meeting held on 10 July, the Government has permitted Interpublic Mauritius Ltd, Mauritius, to make investment of 50 per cent equity by way of subscribing to equity shares, involving foreign investment of Rs 7.5 million.

The Ministry deferred a proposal by Dish TV India Ltd. to issue convertible bonds, convertible into equity shares at a ‘conversion price’ as specified in an offering circular in relation thereto and on terms and conditions mentioned thereunder, to such persons resident outside India, as may be permissible under the applicable laws.