Zee Entertainment Enterprises Explained

Zee Entertainment Enterprises Limited
Logo Alt:Bd
Type:Public
Products:Broadcasting, films, music, streaming, web portals
Founder:Subhash Chandra
Location:Mumbai, Maharashtra
Hq Location Country:India
Area Served:Worldwide
Revenue: (2022)[1]
Net Income: (2022)
Assets: (2022)
Num Employees:3,429 (2021)
Parent:Essel Group
Footnotes:[2]

Zee Entertainment Enterprises (ZEEL) (formerly Zee Telefilms) is an Indian media conglomerate. Headquartered in Mumbai, it has interests in television, print, internet, film, and businesses related to mobile content, and operates 45 channels worldwide.

History

Independent era

In April 1995, the company launched the premium movie channel Zee Cinema, the first channel of its sort in the country.[3] [4] [5] Until 1999, programming was done by Star TV.[6] In the following years Zee Cinema has also catered to international markets like South-East America, Europe, Middle East, North Africa, Pakistan, Indonesia[7] and Asia Pacific and the Rest of Africa. Zee Cinema (Canada) is available in Canada as a joint ventures with Ethnic Group.

Zee Telefilms launched a Nickelodeon-branded programming block in 1999 as part of a distribution deal between Viacom International and Zee Telefilms. It was replaced by a new Cartoon Network block in 2002.[8] [9]

In 2008, Zee Networks launched Zee Motion Pictures and Zee Limelight (now Zee Studios) for the development, production, distribution and marketing of mainstream films in Indian languages, including Hindi, Malayalam, Tamil, Telugu, Kannada, Bengali and Marathi.[10]

In 2015, Zee acquired Sarthak TV, an Odia-language pay television channel.[11]

In 2017, the company acquired the majority stake of the Reliance Broadcast Network.[12] It also planned to acquire 9X Media in October 2017 for the cost of 160 crore, however, the plan fell through in March 2018.[13] [14] A partially-owned subsidiary, Diligent Media Corporation, is a publisher of Indian daily newspapers and websites. DMC is a joint venture between Zee and the Dainik Bhaskar Group.[15]

In 2018, Zee launched Zee Theatre, which offers a collection of recorded theatre plays also called teleplay- produced in India and internationally.[16]

Sale talks

In February 2019, media reported that Essel Group was in talks to sell[17] their shares from the Zee Entertainment Enterprises to save them from debt. Top Sony officials including Mike Hopkins, chairman of Sony Pictures Television, and Tony Vinciquerra, chairman of Sony Pictures, had visited Subhash Chandra and his family at his residence shortly after Chandra announced his intent to sell half of the promoter holding in Zee Entertainment Enterprises to a global strategic investor.
On 2 April reports said that[18] some other promoters[19] were willing to sell their shares worth 332 crore.
On 3 April media reported Sony and Zee Entertainment Enterprises deal off[20] amid valuation differences which opened the door for Comcast-Atairos. On 1 August media reports Invesco Oppenheimer Fund to buy 11% stake in Zee Entertainment.[21]

In September 2021, it was reported that Invesco Developing Markets Funds and OFI Global China Fund LLC, who jointly holds a 17.88% stake, wanted Punit Goenka (also the son of founder) to step down as MD and CEO. It was also reported that Essel Group owns a sum of 3.99% minority stake.[22]

In 2024, Zee Entertainment Enterprises partnered with Sony Pictures Entertainment.[23]

Attempted merger with Sony Pictures Networks India

On 22 September 2021, the company announced its intent to merge with Sony Pictures Networks India.[24] Sony Pictures will hold a majority stake in the proposed merged entity, which will be headed by Zee's Punit Goenka.[25] In December 2021, the merger was approved by the two companies boards. Sony will hold a stake close to 51% in the company, with Zee controlling the remaining stake.[26]

On 10 August 2023, the National Company Law Tribunal approved the proposed Sony/Zee merger.[27]

On 18 January 2024, the anticipated $10 billion merger between Zee Entertainment Enterprises and Sony Pictures India progressed as ZEE's stock increased amid reports that CEO Punit Goenka might step down, potentially resolving a major deadlock in the merger process.[28] However, on 22 January 2024, Sony Pictures Networks India issued a notice to Zee Entertainment Enterprises effectively terminating the merger proceedings due to, among other reasons, the closing conditions to the merger not being satisfied by the given deadline of January 21.[29]

Controversy

Dispute between promoters

On 11 September 2021, Invesco asked Zee management to call shareholders an "extraordinary general meeting" (EGM) to consider its demands. One of the main demands was the removal of Punit Goenka, son of the Zee Network founder.[30] However Zee board rejects a demand from Invesco to convene an extraordinary general meeting.[31] Invesco Developing Market Funds Moves to National Company Law Tribunal (NCLT) and Bombay High Court seeking a mandatory order for Zee Enterprises Entertainment Limited (ZEEL) to call the extraordinary general meeting (EGM) that the shareholder has been demanding.[32] [33]

On 11 October 2021 Invesco[34] write an open letter to the other shareholders saying they are disappointed that the leadership of Zee has resorted to a reckless public relations campaign in response to the overwhelming demand from shareholders for leadership changes at Zee network. also, they implemented that they tried to merge Zee with some other Indian company in early 2021 but the Zee board rejected it.

Zee Board replied to Invesco's open letter saying they didn't care about the company, and Invesco is not motivated by concerns related to any corporate governance issue[35] but "by the events that transpired during February–April 2021 pointing Invesco purposed deal with Reliance Industries.[36]

On 21 October, Bombay High Court asks the Zee board to call EGM as demanded by shareholder Invesco, and Counsel appearing for Zee Entertainment said the company will inform the date of the EGM by the morning of October 22.[37] [38]

On 22 October, Zee replied to the court that the board can't give a nod to something that will turn out to be illegal.[39] so HC postponed hearing of the Zee-Invesco matter to October 26.and on October 26 Bombay High Court has restrained Invesco from taking any action in furtherance of their requisition notice (to call an EGM).[40]

On 7 December, Invesco headed towards a resolution expected to back the merger deal with Sony as long as the Goenka family does not get any preferential equity.[41]

On 22 December, Board of Zee signed definitive agreements with Sony after received approval from its board of directors[42]

Zee Music vs Sonu Nigam

Sonu Nigam alleged that he was banned by the Zee Music Company after he tweeted in support of politician Kumar Vishwas.[43] [44] [45]

Owned Channels

India

ChannelLaunchedLanguageCategorySD/HD availabilityNotes
Zee TV1992HindiGeneral EntertainmentSD+HD
&TV2015
Zee Anmol2013SD
Big Magic2011
Zee Zindagi2014
Zee Cinema1995MoviesSD+HD
Zee Classic2005SD
Zee Action2006
Zee Anmol Cinema2016
Zee Bollywood2018
&pictures2013SD+HD
&xplor HD2019
Zee Anmol Cinema 22024SDFormerly Zee Ganga
Zing2009YouthFormerly Zee Muzic
Zee Café2000EnglishGeneral EntertainmentSD+HDFormerly Zee English
&flix2000MoviesFormerly Zee Studio
&privé HD2017HD only
Zee Zest2010Hindi, EnglishLifestyleSD+HDFormerly Living Foodz and Zee Khana Khazana
Zee Theatre2018Hindi, English, Urdu, Marathi, GujaratiTV PlaysSD
Zee Bangla1999BengaliGeneral EntertainmentSD+HDFormerly Alpha TV Bangla
Zee Bangla Cinema2012MoviesSD
Zee Biskope2020Bhojpuri
Zee Marathi1999MarathiGeneral EntertainmentSD+HDFormerly Alpha TV Marathi
Zee Yuva2016SD
Zee Talkies2007MoviesSD+HD
Zee Chitramandir2021SD
Zee Sarthak2010OdiaGeneral EntertainmentFormerly Sarthak TV
Zee Punjabi2020PunjabiFormerly Alpha TV Punjabi
Zee Kannada2006KannadaSD+HD
Zee Picchar2020Movies
Zee Keralam2018MalayalamGeneral Entertainment
Zee Tamil2008Tamil
Zee Thirai2020Movies
Zee Telugu2004TeluguGeneral EntertainmentFormerly Alpha TV Telugu
Zee Cinemalu2016Movies

International

ChannelLaunchedLanguageCategorySD/HD availabilityNotes
Zee World2015EnglishGeneral EntertainmentSD/HD
Zee Bollynova2017
Zee One (Africa)2021
Zee Famliy2023
Zee Zonke2023Zulu
Zee France2000French
Zee Magic2015
Zee Bioskop2013Indonesian
Zee Mundo2016SpanishMovies
Zee Alwan2012ArabicGeneral Entertainment
Zee Aflam2008Movies
Zee Nung2014ThaiGeneral Entertainment
Zee Phim2017VietnameseMovies

Defunct channels and networks

India

ChannelLaunchedDefunctLanguageCategorySD/HD availabilityNotes
Zee Next20072009HindiGeneral EntertainmentSD
Zee Smile20042016Formerly Smile TV
9X20102015Acquired from 9X Media
Zee Jagran20052015Devotional
Zee Premier20062015MoviesSDFormerly Premier Cinema
ZeeQ20102017KidsSD
Zee Muzic19972009MusicReplaced with Zing TV
Zee ETC Bollywood19992020Formerly ETC and ETC Bollywood
Zee Khana Khazana20102015LifestyleReplaced with Living Foodz
Zee Studio20052018EnglishMoviesFormerly Zee MGM and Zee Movie Zone
Zee Trendz20032014LifestyleFormerly Trendz TV
Zee Sports20052010SportsMerged with TEN Action
Living Foodz20152020English, HindiLifestyleSD+HDReplaced with Zee Zest
Living Travelz20172017KnowledgeSD
Zee Ganga20132024BhojpuriGeneral EntertainmentReplaced with Zee Anmol Cinema 2
Zee Gujarati20002009GujaratiGeneral EntertainmentFormerly Alpha TV Gujarati
Zee Vajwa20202022MarathiMusic
Zee ETC Punjabi20012014PunjabiGeneral EntertainmentFormerly ETC Punjabi

International

ChannelLaunchedDefunctLanguageCategorySD/HD availabilityNotes
Zee Bollymovies20172019EnglishMoviesSD
Zee One20162020GermanGeneral EntertainmentThe channel relaunched in Africa from 2021
Zee Sine20162020Filipino
Zee Variasi20062016MalayReplaced by Tara HD on 19 October 2016, then replaced by Colors TV HD on 1 October 2019
Zee Hiburan20152017IndonesianMerged into Zee Bioskop on 1 March 2017

Over The Top (OTT)

See main article: article and ZEE5. In February 2016, Zee Entertainment Enterprises forayed into video-on-demand with the launch of its OTT platform OZEE.[46]

On 14 February 2018, this service rebranded as ZEE5.[47] Since its relaunch as ZEE5, it streams all content from its television network and also movies and original series. ZEE5 claimed 57 million monthly active users in December 2019.[48]

Other assets

Publishing[49]

Event management [50]

Film distribution and music

Notes and References

  1. Web site: Zee Ent reports net loss of ₹196 cr in Q4, revenue down 9%; key highlights . 25 May 2023 .
  2. Web site: Zee's FY19 earnings may aid better valuation. www.fortuneindia.com. 6 May 2019 . 24 December 2020. 22 May 2021. https://web.archive.org/web/20210522062015/https://www.fortuneindia.com/enterprise/zees-fy19-earnings-may-aid-better-valuation/103259. live.
  3. Web site: Zee Cinema celebrates 20 years of winning hearts . 2023-08-18 . Tellychakkar.com . en.
  4. Web site: Zee Entertainment Enterprises History . live . https://web.archive.org/web/20210725161938/https://economictimes.indiatimes.com/zee-entertainment-enterprises-ltd/infocompanyhistory/companyid-11769.cms . 25 July 2021 . 26 February 2020 . The Economic Times.
  5. Web site: Singh . Suhani . 21 August 2017 . Entertainment Inc.: The story of Zee, one of India's first Hindi channels . live . https://web.archive.org/web/20180312211846/https://www.indiatoday.in/magazine/cover-story/story/20170821-zee-hindi-tv-channel-subhash-chandra-1028931-2017-08-11 . 12 March 2018 . 26 February 2020 . . en.
  6. Web site: Star TV sells, Zee consolidates . domain-b.com . 25 September 1999 . 2012-07-11.
  7. Web site: Zee Cinema launched in Indonesia . www.Zee.com.
  8. Web site: 11 October 1999. ZEE TV TO LAUNCH NICKELODEON. 21 June 2017. 23 March 2017. https://web.archive.org/web/20170323085148/http://www.indiantelevision.com/news_analysis/newsletter/111099/zee111099.htm. live.
  9. Web site: 14 August 2002. Cartoon Network block replaces Nick on Zee TV. 19 September 2017. 2 September 2017. https://web.archive.org/web/20170902123040/http://www.indiantelevision.com/y2k2/aug/aug87.htm. live.
  10. News: Zee Group launches two motion picture production banners. Business of Cinema. 2008. 2 November 2017. 7 November 2017. https://web.archive.org/web/20171107024651/https://businessofcinema.com/bollywood-news/zee-group-launches-two-motion-picture-production-banners/22232. live.
  11. Web site: Zee Entertainment acquires Sarthak Entertainment - Exchange4media. Indian Advertising Media & Marketing News – exchange4media. 6 September 2021. 25 October 2021. https://web.archive.org/web/20211025210359/https://www.exchange4media.com/media-tv-news/zee-entertainment-acquires-sarthak-entertainment-60810.html. live.
  12. Web site: Bindu D Menon . Zee buys Anil Ambani's TV, radio biz for ₹1,900 cr | Business Line . 23 November 2016 . Thehindubusinessline.com . 2017-11-23.
  13. News: Zee to acquire 9X Media, its arms for ₹160 cr. 2017-10-06. The Hindu Business Line. 2017-11-18. en.
  14. News: ZEE terminates 9X Media acquisition. en. 23 May 2021. 23 May 2021. https://web.archive.org/web/20210523051348/https://economictimes.indiatimes.com/industry/media/entertainment/zee-terminates-9x-media-acquisition/articleshow/63334878.cms?from=mdr. live.
  15. Web site: Indian Newspapers and News Sites. w3newspapers.com. 18 October 2014. 7 April 2021. https://web.archive.org/web/20210407124626/https://www.w3newspapers.com/india/. live.
  16. News: IANS . 2017-01-10 . Zee Theatre to take 12 plays to 15 Indian cities . Business Standard India . 2022-10-02 . 2 October 2022 . https://web.archive.org/web/20221002113143/https://www.business-standard.com/article/news-ians/zee-theatre-to-take-12-plays-to-15-indian-cities-117011000552_1.html . live .
  17. News: Laghate. Gaurav. Barman. Arijit. Zee Entertainment: Comcast-Atairos, Sony shortlisted for stake sale talks by Zee Entertainment. The Economic Times. 3 April 2019. 3 April 2019. https://web.archive.org/web/20190403145906/https://economictimes.indiatimes.com/industry/media/entertainment/media/comcast-atairos-sony-shortlisted-for-stake-sale-talks-by-zee-entertainment/articleshow/68056312.cms. live.
  18. News: Zee Entertainment shares wobble after share sale by promoters. The Economic Times. 3 April 2019. 3 April 2019. https://web.archive.org/web/20190403133745/https://economictimes.indiatimes.com/markets/stocks/news/zee-entertainment-shares-wobble-after-share-sale-by-promoters/articleshow/68681842.cms. live.
  19. Web site: Zee Entertainment Down 3% After Promoters Sell Stake. Moneycontrol. 2 April 2019 . 3 April 2019. 3 April 2019. https://web.archive.org/web/20190403124024/https://www.moneycontrol.com/news/business/stocks/zee-entertainment-down-3-after-promoters-sell-stake-3744761.html. live.
  20. News: Laghate. Gaurav. Barman. Arijit. Sony Corporation: Sony, ZEE deal off for now amid valuation differences. The Economic Times. 3 April 2019. 3 April 2019. https://web.archive.org/web/20190403133713/https://economictimes.indiatimes.com/industry/media/entertainment/sony-zee-deal-off-for-now-amid-valuation-differences/articleshow/68697156.cms. live.
  21. Web site: Thomas. Tanya. 31 July 2019. Invesco Oppenheimer fund to buy 11% stake in Zee Entertainment for ₹4,224 cr. www.livemint.com. 6 September 2021. 6 September 2021. https://web.archive.org/web/20210906042442/https://www.livemint.com/companies/news/invesco-oppenheimer-fund-to-buy-11-in-zeel-for-rs-4-224-crore-1564577772129.html. live.
  22. Web site: Investors want MD Punit Goenka out of Zee Entertainment Enterprises - the New Indian Express. 10 October 2021. 10 October 2021. https://web.archive.org/web/20211010192405/https://www.newindianexpress.com/business/2021/sep/15/investors-want-md-punit-goenka-out-ofzee-entertainment-enterprises-2358877.amp. live.
  23. Web site: Sony on the Hunt for Indian Partner After Zee Deal Fades . Bru Times News . en.
  24. Web site: Sony Pictures India to Merge With Zee Entertainment. 2021-09-21. The Hollywood Reporter. en. 22 September 2021. https://web.archive.org/web/20210922151655/https://www.hollywoodreporter.com/business/business-news/zee-to-merge-with-sony-pictures-india-1235018372/. live.
  25. Web site: Zee Entertainment Approves In-principle Merger With Sony Pictures India. 2021-10-21. Moneycontrol. 22 September 2021 . en. 21 October 2021. https://web.archive.org/web/20211021143533/https://www.moneycontrol.com/news/business/companies/zee-entertainment-signs-merger-deal-with-sony-pictures-india-7492871.html. live.
  26. Web site: Sony Pictures Networks, Zee Complete Merger to Create Indian TV Giant. Variety. 22 December 2021. 22 December 2021. 22 December 2021. https://web.archive.org/web/20211222033806/https://variety.com/2021/global/news/sony-pictures-networks-zee-merger-complete-1235140626/. live.
  27. Web site: Ramachandran . Naman . Frater . Patrick . 2023-08-10 . Sony-Zee TV Mega Merger in India Is Given Green Light . 2023-10-07 . Variety. https://web.archive.org/web/20230820232829/https://variety.com/2023/tv/asia/sony-zee-tv-merger-in-india-1235692955/. 2023-08-20. en-US.
  28. Web site: 2024-01-18 . ZEE-Sony merger: ZEEL stock surges as Goenka on expectations Goenka may step down as CEO Know more . 2024-01-18 . News9live . en-US.
  29. Web site: Sony Calls Off $10 Billion Merger With Indian TV Giant Zee Entertainment Enterprises. Variety. Patrick. Frater. Naman. Ramachandran. 22 January 2024. 22 January 2024.
  30. Web site: Zee Entertainment's Largest Shareholders Call EGM Seeking Removal Of Punit Goenka From Board. 2021-10-21. Moneycontrol. 13 September 2021 . en. 21 October 2021. https://web.archive.org/web/20211021142600/https://www.moneycontrol.com/news/business/corporate-action/zees-largest-shareholders-calls-for-egm-seeking-removal-of-punit-goenka-from-board-7463111.html. live.
  31. Web site: Zee Says Will Not Hold EGM As Demanded By Shareholder Invesco. 2021-10-21. Moneycontrol. October 2021 . en. 21 October 2021. https://web.archive.org/web/20211021142602/https://www.moneycontrol.com/news/business/zee-says-will-not-hold-egm-as-demanded-by-shareholder-invesco-7531081.html. live.
  32. Web site: Zee-Invesco NCLT Hearing: Invesco Says NCLT Must Make A Mandatory Order To Call EGM. 2021-10-21. Moneycontrol. 4 October 2021 . en. 21 October 2021. https://web.archive.org/web/20211021142604/https://www.moneycontrol.com/news/business/zee-invesco-nclt-hearing-not-concerned-about-outcome-of-egm-but-about-egm-being-called-says-invesco-7541121.html. live.
  33. News: Chatterjee. Sudipto Dey & Dev. 2021-10-04. Prolonged battle ahead as ZEE Entertainment takes Invesco to court. Business Standard India. 2021-10-21. 21 October 2021. https://web.archive.org/web/20211021142600/https://www.business-standard.com/article/companies/prolonged-battle-ahead-as-zee-entertainment-takes-invesco-to-court-121100400032_1.html. live.
  34. Web site: Invesco Shoots Letter To Zee Shareholders, Seeks Better Governance, Says Founding Family Benefiting At The Cost Of Others. 2021-10-21. Moneycontrol. 11 October 2021 . en. 21 October 2021. https://web.archive.org/web/20211021142600/https://www.moneycontrol.com/news/business/companies/disappointed-that-leadership-of-zee-has-resorted-to-reckless-public-relations-campaign-invesco-mf-to-shareholders-7569571.html. live.
  35. Web site: Zee Hits Back At Invesco's Open Letter, Rebuts Objections On Sony Merger Deal. 2021-10-21. Moneycontrol. 13 October 2021 . en. 21 October 2021. https://web.archive.org/web/20211021142600/https://www.moneycontrol.com/news/business/companies/zee-hits-back-at-invescos-open-letter-rebuts-objections-on-sony-merger-deal-7579641.html. live.
  36. Web site: Invesco Proposed Merger With Large Indian Group In Feb 2021, Wanted Punit Goenka To Lead: Zee. 2021-10-21. Moneycontrol. 12 October 2021 . en. 21 October 2021. https://web.archive.org/web/20211021142603/https://www.moneycontrol.com/news/business/companies/invesco-proposed-merger-with-large-indian-group-in-feb-2021-wanted-punit-goenka-to-lead-zee-7575661.html. live.
  37. Web site: Bombay HC Asks Zee To Call EGM As Demanded By Shareholder Invesco. 2021-10-21. Moneycontrol. 21 October 2021 . en. 21 October 2021. https://web.archive.org/web/20211021142606/https://www.moneycontrol.com/news/business/companies/bombay-hc-asks-zee-to-call-egm-as-demanded-by-shareholder-invesco-7608931.html. live.
  38. Web site: Upadhyay. Payaswini. Zee Vs Invesco: Bombay High Court Proposes To Allow EGM, But.... 2021-10-21. BloombergQuint. 21 October 2021 . en. 21 October 2021. https://web.archive.org/web/20211021142602/https://www.bloombergquint.com/law-and-policy/zee-vs-invesco-bombay-high-court-proposes-to-allow-egm-but. live.
  39. Web site: Zee-Invesco Row: Zee Argues Holding EGM Is Illegal, Bombay HC To Hear The Matter On October 26. 2021-10-23. Moneycontrol. 22 October 2021 . en. 23 October 2021. https://web.archive.org/web/20211023032148/https://www.moneycontrol.com/news/business/companies/zee-invesco-row-zee-argues-holding-egm-is-illegal-bombay-hc-to-hear-the-matter-on-october-26-7612421.html. live.
  40. Web site: Zee-Invesco Row: A Look At What Happens Next After Bombay HC Bars Invesco From Calling EGM. 2021-10-27. Moneycontrol. 26 October 2021 . en. 27 October 2021. https://web.archive.org/web/20211027042941/https://www.moneycontrol.com/news/business/companies/zee-invesco-row-a-look-at-what-happens-next-after-bombay-hc-bars-invesco-from-calling-egm-7631441.html. live.
  41. Web site: Kar. Ayushi. Invesco to back Zee-Sony deal as long as Punit Goenka is not given PE. 2021-12-07. @businessline. 5 December 2021 . en. 7 December 2021. https://web.archive.org/web/20211207030243/https://www.thehindubusinessline.com/companies/invesco-to-back-zee-sony-deal-as-long-as-punit-goenka-is-not-given-pe/article37854454.ece. live.
  42. Web site: Zee-Sony Merger Approved, Punit Goenka Will Be CEO Of Merged Entity. 2021-12-23. NDTV.com. 22 December 2021 . 23 December 2021. https://web.archive.org/web/20211223055625/https://www.ndtv.com/business/zee-sony-merger-deal-zee-entertainment-board-approves-merger-with-sony-unit-punit-goenka-to-continue-as-ceo-2664366. live.
  43. Web site: ABP Live - English News, Today's Latest Breaking News in English, Online English News. dead. https://web.archive.org/web/20150501010601/http://www.abplive.in/movies/2015/04/29/article571728.ece/Zee-Network-bans-Sonu-Nigam-Twitter-stands-by-him. 1 May 2015. 29 April 2015.
  44. Web site: News18.com: CNN News18 Latest News, Breaking News India, Current News Headlines. dead. https://web.archive.org/web/20150501140323/http://ibnlive.in.com/news/sonu-nigam-earns-the-wrath-of-a-media-channel-after-he-tweets-in-support-of-aap-leader-kumar-vishwas/542728-45-75.html. 1 May 2015. 16 July 2017. Ibnlive.in.com.
  45. News: 29 April 2015. Sonu Nigam accuses music company of announcing ban on him. India Today. 8 October 2018. 9 October 2018. https://web.archive.org/web/20181009024925/https://www.indiatoday.in/movies/bollywood/story/sonu-nigam-zee-music-company-ban-singer-bollywood-new-films-250758-2015-04-29. live.
  46. Web site: Pai. Vivek. 2016-02-26. Zee Digital launches online streaming platform OZEE. 2021-10-11. MediaNama. en-US. 11 October 2021. https://web.archive.org/web/20211011061026/https://www.medianama.com/2016/02/223-zee-launches-ozee/. live.
  47. Web site: Ahluwalia. Harveen. 2018-02-14. Zee Entertainment launches new video streaming platform Zee5. 2021-10-11. mint. en. 11 October 2021. https://web.archive.org/web/20211011035501/https://www.livemint.com/Consumer/c7MymlBR4d5jIrLUeFWRkO/Zee-Entertainment-launches-new-video-streaming-platform-Zee5.html. live.
  48. Web site: 2019-01-15. ZEE5 maintains momentum with 56.3 mn MAU in third quarter. 2021-10-11. Indian Television Dot Com. en. 13 September 2020. https://web.archive.org/web/20200913190131/https://www.indiantelevision.com/iworld/over-the-top-services/zee5-maintains-momentum-with-563-mn-mau-in-third-quarter-190115. live.
  49. Web site: Platforms – Digital – ZEE Entertainment Corporate Website. 2021-10-11. www.zee.com. 11 October 2021. https://web.archive.org/web/20211011041351/https://www.zee.com/products-platforms-digital-media-domestic/. live.
  50. Web site: Businesses – Live Entertainment – ZEE Entertainment Corporate Website. 2021-10-11. www.zee.com. 11 October 2021. https://web.archive.org/web/20211011041350/https://www.zee.com/products-platforms-live-events-theatre-supermoon/. live.
  51. Web site: 2021-09-28. ZEE Studios sets November 11 for the theatrical release of their next Punjabi film Fuffad Ji. 2021-10-11. EasternEye. en-GB. 11 October 2021. https://web.archive.org/web/20211011041349/https://www.easterneye.biz/zee-studios-sets-november-11-for-the-theatrical-release-of-their-next-punjabi-film-fuffad-ji/. live.
  52. Web site: POPUP. 2021-10-11. helpcenter.zee5.com. 11 October 2021. https://web.archive.org/web/20211011041358/https://helpcenter.zee5.com/portal/en/kb/articles/rent-movies-with-zee-plex#:~:text=ZEEPLEX%20is%20a%20premium%20movie,re%20marked%20with%20the%20icon.. live.
  53. Web site: Joseph. Anto T.. How a cruise business landed Zee's Subhash Chandra in uncharted waters. 2021-10-11. Newslaundry. 22 January 2021 . 11 October 2021. https://web.archive.org/web/20211011041356/https://www.newslaundry.com/2021/01/22/how-cruise-business-landed-zees-subhash-chandra-in-uncharted-waters. live.

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