Since the merger call-off, Zee has announced a spate of cost-cutting and loss-reducing actions, including the reduction of 15% of its workforce.
In late February, Disney signed a contractual agreement to merge its India unit with Viacom 18 Media Pvt Ltd.
The company's ad income in the first six months more than quadrupled to $221 Million, while affiliate revenue fell 3% to $128 Million.
He joined Zee Media in 2022 as Chief Business Officer and P&L head for linear channels (excluding WION and Zed Business).
Tata Communications' shares have gained about 51% in the last year and 11% in the last three months.
Ruchir Tiwari will continue to oversee the Hindi Movies cluster, while Vishnu Shankar will lead Hindi GEC and TV, as well as the FTA section.
JioCinema also had a resurgence in the luxury mobile device segment, with companies like Google Pixel, Apple, Motorola, etc.
ZEEL approaches Mumbai-bench of NCLT seeking directions to implement the merger scheme.
The joint venture is valued at ₹70,352 Crore.
Koo, a social networking platform, has been hailed as an alternative to X.
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