We use cookies to improve your experience on our website. By browsing this site, you agree to our use of cookies.

zeetvRumours around this acquistion have been doing the rounds for sometime. And they were denied for reasons of corporate and stock market compliance. But now Zee Entertainment Enterprises Limited (ZEEL) has finally announced that it has signed a definitive agreement to acquire the Pradeep Guha-headed 9X Media and its subsidiaries from private equity firm New Silk Route and other shareholders for an all cash consideration of Rs. 1,600 million.

9X Media, along with its subsidiaries, operates a bouquet of six music channels - 9XM (Latest Bollywood), 9X Jalwa (Evergreen Hindi), 9X Jhakaas (Marathi), 9X Tashan (Punjabi), 9XO (English), 9X Bajao (Hindi Classics).

On completion of the acquisition, these channels will be added to ZEEL’s current portfolio of 33 channels. The acquisition is in line with the company’s strategy to cater to a diverse audience by offering targeted products. Besides significantly expanding its Hindi music portfolio, it gives ZEEL access to the regional music genre. It also increases its regional footprint with foray into the Punjabi market.

Click here to read the full story.

IBC has launched test transmission of IBC Comedy channel

on 20 October 2017
IBC has launched test transmission of IBC Comedy channel

The fast growing Tamil media from UK, London Tamil Media Ltd., has launched a new TV-channel called IBC Comedy (IBC Pagadi). The channel is currently...

Zee South biz head Prabhakaran says: "Growth trajectory is our focus"

on 17 October 2017
Zee South biz head Prabhakaran says: "Growth trajectory is our focus"

Zee Tamil, a Zee Entertainment Enterprises Limited (Zeel) Tamil channel, today unveiled a new brand logo during the launch of the Tamil edition of ZEE...

Viacom18 ditches FTA in UK, now entirely pay

on 17 October 2017
Viacom18 ditches FTA in UK, now entirely pay

With the launch of its two channels, MTV Beats and Colors Rishtey, on Virgin Media Viacom18 has transitioned from free-to-air (FTA) to entirely paid p...

Zee TV new logo unveiled; refreshed digital platform Zee5 launch soon

on 17 October 2017
Zee TV new logo unveiled; refreshed digital platform Zee5 launch soon

Celebrating its silver jubilee at a grand event here on Saturday, India’s first private satellite TV channel, Zee TV, unveiled a new logo aimed...

ZEEL acquires 9X Media for Rs 1.6 bn

on 07 October 2017
ZEEL acquires 9X Media for Rs 1.6 bn

Rumours around this acquistion have been doing the rounds for sometime. And they were denied for reasons of corporate and stock market compliance. But...

GEC: Star Plus regains lead, Zee TV slips to third position in urban market

on 07 October 2017
GEC: Star Plus regains lead, Zee TV slips to third position in urban market

The leader in the GEC urban market in BARC week 38 Zee TV has slipped to the third position and Star Plus regained the numero uno position. Star Plus...

Login Form