Top Story

e4m_logo.png

Home >> International >> Article

Zee Telefilms plans to reduce its subsidiary companies

27-September-2001
Font Size   16
Share
Zee Telefilms plans to reduce its subsidiary companies

Zee Telefilms plans to reduce the number of its subsidiaries for maximising synergies from about 20 to between 10 and 12 in the next couple of months. This move would help to align the businesses of the media giant under three broad heads: Content, access and education -- as proposed by management consultants AT Kearney.

Taking up the example of Zee's access business, Rajesh Jain, president (corporate finance and strategy) of Zee Telefilms said this business comprises Siti Cable which is a wholly-owned subsidiary of Zee Tele. Siti Cable, meanwhile, has a wholly-owned subsidiary called Zee Interactive Multimedia. The company plans to merge these two companies to bring the access function under one umbrella.

While the education business is conducted via a single company called Zee Interactive Learning Systems, all the remaining subsidiaries perform the crucial content business, both in India and overseas, he said.

The move by Zee Telefilms to further rationalise its large number of subsidiaries follows the divestment of its stake last year in three subsidiaries - Buddha Films, Zee Sports and Zee Publishing.

Tags

Speaking with exchange4media, Rishi Darda, Joint Managing Director and Editorial, Lokmat Media Group shared his vision for regional publications and the impact of IRS 2017 on the print industry.

Nisha Narayan, COO & Director, RED FM & Redtro and CEO, Digital Radio (Mumbai) Broadcasting Ltd, shares her insights on how radio is a powerful medium in terms of advertising and what can be done to take it to the next level

The popular channel from the Viacom18 ‘s umbrella MTV Indies, which aired music by independent artistes, was replaced by MTV Beats, a 24x7 Hindi music channel in 2016

Bhasin on the checks and balances of new IRS, methodology with new companies like Vedsur on board, interpreting the data and why it’s not fair to compare with previous data

The popular channel from the Viacom18 ‘s umbrella MTV Indies, which aired music by independent artistes, was replaced by MTV Beats, a 24x7 Hindi music channel in 2016

Backed by four properties including the first test match between South Africa and India of Freedom Cup, Sony Ten 1 continued to lead Top 5 channels in 2018’s second week (January 6-12)

Vijay Shekhar Sharma stated that this is the right time to create an Indian model which would be the envy of the world