Latest news with #ZeeEntertainmentEnterprises
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Business Standard
6 days ago
- Business
- Business Standard
Entertainment Q4FY25 net profit jumps 14-fold to Rs 188.4 crore
Zee Entertainment Enterprises (ZEEL) reported a 14-fold increase in its consolidated net profit to Rs 188.4 crore for the January–March quarter (Q4FY25) compared to the same period last year. The profit figure includes gains from the company's portfolio rationalisation initiative and the treatment of Margo Networks as a discontinuing operation, valued at Rs 7.9 crore. The Mumbai-headquartered company's revenue from operations rose marginally by 0.7 per cent year-on-year (YoY) to Rs 2,184.1 crore in Q4FY25. The modest growth was largely due to a sharp 24.56 per cent decline in advertising revenue, which fell to Rs 837.5 crore. 'Domestic advertising revenue declined by 27 per cent YoY for the quarter due to a slowdown in the macro advertising environment, postponement of the Zee Cine Awards, a busy sports calendar and a higher base in Q4FY24,' the company stated in its investor presentation. In contrast, subscription revenue rose by around 4 per cent YoY to Rs 986.5 crore during the quarter, driven by both linear TV subscriptions and growth on ZEE5, the company's digital streaming platform. ZEEL's other sales and services revenue—which includes the distribution business—tripled to Rs 360.1 crore in Q4FY25. The rise was attributed to a higher number of film releases and increased syndication revenue. In the quarter, 16 shows and movies were released, including four ZEE5 originals. However, profit before interest, depreciation and tax (PBIDT) remained flat, dipping marginally by 0.1 per cent to Rs 98.2 crore for the quarter. 'There is not much meat left in us to cut,' a company executive said during the earnings call, referencing ZEEL's cost-cutting measures, particularly in its digital business, ZEE5. The executive added that future growth would now rely on increasing revenue as the scope for further cost reductions has been exhausted.
Mint
26-05-2025
- Entertainment
- Mint
Monsoon & Musings: India's ad brains ponder Goafest's future
In the thick, humid air beneath Goa's monsoon clouds, where lanyards wilted and creative egos clashed in beachfront banter, India's advertising tribe came together once again. Marking its 20th edition and held at a brand-new venue, the country's most prominent advertising and media congregation served up its trademark cocktail of panels, parties, and the Abby Awards. But this time, the aftertaste wasn't just celebratory. Beneath the cheers and chilled beer, a sobering sentiment simmered: Is Goafest still the North Star of Indian advertising? Also Read | Patanjali pulled up by the SC: Truth matters in advertising 'We must count our blessings," said Dheeraj Sinha, group chief executive officer (CEO)—India and South Asia, FCB, and a key organizer. 'We're back in Goa, the scale is bigger, participation is much higher than in Bombay... more agencies are winning... a lot of thought has gone into the programming." Indeed, the numbers were up, a record 4,076 Abby entries were filed by 233 organizations. Attendance surpassed the previous year's Mumbai edition. There was a visibly wider spread of winners. Newer agencies and emerging voices were finding space. The intermittent rains added a romantic, reflective mood to the fest, with delegates lingering in open courtyards for deeper conversations. But not all was well in paradise. Also Read | Advertising sentiment remains subdued during festive quarter The celebrity sessions were packed, and the awards nights were electric. But the knowledge sessions, which were intended as the intellectual anchor of any serious industry event, struggled for footfall. 'You can't just inject people into rooms; you have to attract them in," Sinha conceded. 'There are questions around the show's format, the content, the awards... and our approach is to be extremely open." The call for a bigger tent Ashish Sehgal, chief growth officer—ad revenue at Zee Entertainment Enterprises, said, 'The industry has a unique opportunity to steer the coveted Goafest towards a more future-ready vision, positioning it as India's answer to Cannes. While the event continues to be a strong platform, there's room to enhance its value by going beyond sponsored narratives and include broader, skill-driven sessions centred around emerging media trends." He pointed to the absence of upskilling opportunities for young talent. 'While some star presence helps draw crowds, real value lies in offering fresh learning and meaningful engagement. Masterclasses were a welcome step, and the Abbys continue to be the prestigious and credible highlight. However, more exposure and access are needed for younger talent to learn from seasoned professionals, showcasing new-age insights blended with the power of traditional media." Also Read | Are advertising agencies dying? Long may the art of persuasion live There is also a fundamental question of access. 'Greater inclusion of mid-tier advertisers, regional agencies and emerging entrepreneurs is crucial and will only strengthen the platform. With collaboration across sectors, Goafest can continue to evolve into a true celebration of creativity, learning and innovation," he said Beyond the awards-driven psychology Shashi Sinha, executive chairman of IPG Mediabrands India, was just as direct. 'The business has moved completely, and maybe we haven't caught up. The people who run this — people like us — are still mainstream agency folks. We talk about data and tech, but we are not really integral to this event." For him, the awards have become the centrepiece rather than the outcome. 'Plan a Goafest without the awards first," he challenged. 'Build it around learning, innovation, and industry evolution. That will change the entire psychology. There's nothing wrong with the awards per se. But if you build the festival around them, that's a problem. We need a high-quality, working festival that begins with the right priorities. Think of this as a festival for the industry. What is the main agenda? That's what needs clarity." But the emotional heft of recognition cannot be dismissed. 'It still matters," said Paritosh Srivastava, CEO, Saatchi & Saatchi India, BBH India and Saatchi Propagate. 'To that kid who picks up an award? It's a moment of recognition." Still, Srivastava isn't blind to the cracks. 'This year, we let delegates vote on session topics. We're also floating the idea of collecting feedback... the intent is there." The real pivot, he argued, must be philosophical, shifting from a pure celebration to a platform that helps the industry evolve through panels that provoke and conversations that challenge. Surfing the waves of change That sentiment resonated with Shubhranshu Singh, chief marketing officer (CMO) at Tata Motors Commercial Vehicles. 'There are high waves of change: automation, AI and the decline of globalization. Brand builders need to learn surfing. Being an expert swimmer is becoming a basic requirement," he warned, adding that 'mistakes should be celebrated, too." Abraham Thomas, CEO of Reliance Broadcast Network, a Goafest regular for over a decade, concurred. 'The panels need to move beyond casual chat. It's time to infuse structure, data, diverse perspectives, and fresher voices. Let's break the old boys' club and reimagine this for the next 20 years, not the last." Even Manisha Kapoor, CEO of the Advertising Standards Council of India (ASCI), while acknowledging the value of formal sessions, emphasised the informal ones. 'Beyond the formal events, the informal conversations and reconnections are extremely valuable." That, perhaps, is Goafest's enduring paradox. Its structured sessions might falter, but its unstructured moments, the impromptu brainstorms, poolside provocations, and chance reconnections, are where its pulse lies. But as Kapoor's insight suggests, in a modern festival, even serendipity must be designed for. Charm and legacy can only take it so far. Not in an industry fuelled by disruption. Not when younger creatives are asking harder questions. Not when brands are demanding proof, not praise. Goafest 2025 had the weather, the winners, the whisky, and yes, the will to listen. What it now needs is the courage to reinvent. Because, as one executive murmured, raising a toast under the Goan drizzle, 'You can't call it the festival of creativity if the conversations have stopped being creative."
India.com
18-05-2025
- Entertainment
- India.com
Zee unveils new logo, aims to deliver premium content, know what other benefits you will enjoy,
Zee Entertainment has been entertaining the audience for the last 30 years. At the same time, now Zee Entertainment Enterprises (Zeel) has updated itself in all these years. Meanwhile, Zee Entertainment Enterprises (Zeel) CEO Punit Goenka on Saturday revealed the new logo of the company and its other brands during the Zee Cine Awards 2025, which includes Zee TV, Zee 5, Zee Music Company and Zee Studios.
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Business Standard
17-05-2025
- Business
- Business Standard
Zee Entertainment to unveil new logo, aims to deliver premium content
Zee Entertainment Enterprises (ZEEL) chief executive officer (CEO) Punit Goenka announced the new set of logos for the company and its other brands, Zee TV, Zee 5, Zee Music Company, and Zee Studios at the ZEE Cine Awards 2025 on Saturday as it aims to offer premium quality content across its entertainment platforms. The brand logos for all the channels and platforms under ZEEL will be launched on June 8, while the corporate brand has already changed its logo, it said in its release. 'As we embark on a phase of growth backed by a robust focus on content and technology, the new look envisioned for the company is futuristic, dynamic and agile, which is a firm representation of our team's capabilities to capitalise on the emerging opportunities. It also reflects our commitment to embrace emerging technologies to enhance the overall consumer experience. The new brand universe underscores our bold spirit and resolve to remain agile and adaptive in a fast-evolving landscape,' said Goenka. These steps come in line with the company's long-term growth vision around its performance and profitability. According to the company's recent results for the January-march quarter, Goenka had said during the earnings call that it has no room for cost-cutting right now for the expansion of its EBITDA margin and that any reduction in losses would be on the back of revenue growth. The company added in its release that it will identify and create value-accretive opportunities that seamlessly amalgamate technology across all functions, including content creation, distribution and monetisation. 'Our brand promise of 'Yours Truly, Z' reflects the company's consumer-centric approach and its commitment to consistently deliver meaningful entertainment experiences. The brand pillars have been crafted in line with our rich value system and will serve as our north star, guiding the company in achieving the targeted aspirations to build a robust growth trajectory for the next century. We firmly believe this new approach exemplifies our relentless pursuit of excellence by taking accountability for results and innovating to deliver purposeful business outcomes,' Goenka noted.
Time of India
11-05-2025
- Business
- Time of India
Zee plans to allocate 40% of free cash flows for 'core' biz projects
Mumbai: Zee Entertainment Enterprises plans to allocate 40% of its free cash flow (FCF) toward growth capital for regional content , music, digital platforms , and international expansion, as part of its latest strategic roadmap shared with investors. #Operation Sindoor India responds to Pak's ceasefire violation; All that happened India-Pakistan ceasefire reactions: Who said what Punjab's hopes for normalcy dimmed by fresh violations In its investor presentation, Zee said it will also set aside 25-30% of net profit for dividends. It will also direct 5% of growth capital for research and development in content creation . For FY25, ZEEL reported a net profit of ₹679 crore and a normalised FCF of ₹882 crore, or 1.3 times its profit. Cash and cash equivalents stood at ₹2,400 crore as of March 2025. Play Video Play Skip Backward Skip Forward Mute Current Time 0:00 / Duration 0:00 Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions and subtitles off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Victoria Principal Is Almost 75, See Her Now Reportingly Undo The company said its investments would primarily focus on core business areas, targeting a 2-3 year payback period, with active participation from the board in evaluating opportunities. Zee has identified several areas for potential growth, including syndication, user-generated and short-form content, improved monetisation on its OTT platform ZEE5 , and deeper engagement with regional audiences. Unified content creation across TV and digital is also a part of the strategy, with efforts to scale both long- and short-form formats. Live Events Additional focus areas include strengthening its direct-to-consumer (D2C) and intellectual property (IP)-based offerings, increasing content in films and music, and exploring new areas such as live events. ZEEL also said it would enhance corporate governance, work on strengthening its HR policy framework, and evaluate value-accretive M&A options to support scalable growth. "We are capitalising on this strengthened foundation to drive future growth by balancing investments with a healthy margin profile. Our efforts remain directed towards sharpening the content, driving reach across platforms, and enhancing monetisation through existing and newer avenues," Zee Entertainment CEO Punit Goenka said during the company's Q4 earnings call on May 8. In FY25, ZEEL's advertising revenue declined by 11%. To offset the softness in ad revenue, the company aims to diversify its client base by aiming to double contributions from retail advertising by FY28. This, the company said, will include structured ad deals involving equity partnerships, along with localised advertising strategies such as geo-targeting and influencer-based campaigns. The company is also working on building leadership capacity, combining internal promotions with targeted external hiring. ZEEL is expanding its ad-sales team and will also have dedicated Chief Business Officers for areas such as syndication, short-form video, user-generated content, and gaming. The company has 2,500 employees, having laid off 15% of its staff last year in a cost-cutting exercise.
