To keep the morale of employees high in the times of crises, Mr Subhash Chandra, chairman, Zee Telefilms, addressed a hurriedly-organised ‘‘town meeting’’ in Mumbai on Monday. Originating from the American vocabulary, any brainstorming session at Zee is referred to as ‘‘town meeting’’.
Among other things, dipping stock prices and alleged links to scam-tainted broker Ketan Parekh forced Mr Chandra to address the entire team of Zee at this juncture. The Zee employees, say sources, have committed to Mr Chandra to work even harder and longer in order to strengthen the organisation.
Apart from stock market performance, Zee attracted a lot of attention after the Essel Group (of which Zee is a part) indicated its interest in picking up stakes in B4U and AB Corp. The group drew some criticism for airing the controversial Tehelka tapes too. And just a couple of months ago, Zee had to unceremoniously pull out its much-touted game show Sawal Dus Crore Ka.
The Zee network, however, has been working on reviving its leadership position for quite some time now.