Zee Media Corporation Limited (abbreviated as ZMCL; formerly Zee News Limited) is an Indian mass media and news broadcasting company based in Mumbai. The company is engaged mainly in the business of broadcasting news and current affairs, and regional entertainment up-linked from India via satellite television channels.
History
Zee Media Corporation Limited (formerly Zee News Ltd.) was founded by Essel Group and it was incorporated on 27 August 1999, as Zee Sports Ltd. It was a subsidiary of Zee Telefilms Ltd (later renamed Zee Entertainment Enterprises). The company was reincorporated on 27 May 2004, as Zee News Ltd.[3] It was demerged as a separate company of the Essel Group in 2006.[4] In 2013,[5] Zee News Ltd. changed its name to Zee Media Corporation Limited.[6][7]
It was involved in a joint venture with the Dainik Bhaskar Group for the publication of the Daily News & Analysis newspaper but the paper was discontinued in 2019 after suffering losses.[8] The corporation also runs the Zee Institute of Media Arts (ZIMA)[9] which is owned by Zee Learn.
Channels
Zee Media Corporation Limited (ZMCL) operates 14 television news channels, 5 digital news channels, 7 news apps and 32 digital properties.
Current channels
Former/Defunct channels
Online
Zee News operates the Daily News & Analysis and Zee News websites to provide online coverage of the channel. The ZEE5 website which is owned by the Zee Entertainment Enterprises is used to platform coverage of other ZMCL channels.[12] The World is One News (WION) channel operates its website.[13] The ZMCL also owns the India.com news website.[14]
Controversies and criticism
Jindal Group extortion incident
The channel was tried for allegedly extorting ₹1 billion from the Jindal Group revealed through a sting operation.[19] Two senior journalists Sudhir Chaudhary and Sameer Ahluwalia were arrested.[20][21][22] The two were sent to a 14-day judicial custody in Tihar jail and were ultimately released on bail.[23][24]
See also
References
- Zee Media Share Price, Zee Media Stock Price, Zee Media Corporation Ltd. Stock Price, Share Price, Live BSE/NSE, Zee Media Corporation Ltd. Bids Offers. Buy/Sell Zee Media Corporation Ltd. news & tips, & F&O Quotes, NSE/BSE Forecast News and Live Quotes moneycontrol.com, retrieved 25 August 2021^
- Slowdown Blues: Zee Media profit drops 73% to Rs 13.17 crore in FY19 businesstoday.in, 14 May 2019^