We are one of the largest global Media and Entertainment companies in the world.
We help celebrate stories across genres and languages, with an aim to break new ground. We converge the physical and digital realms to deliver the extraordinary.
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Global Powerhouse of Entertainment
From giving India its first private satellite TV channel in 1992 to reaching 1.3 billion+ consumers around the world through linear and digital platforms, we are, today, a global entertainment powerhouse creating and delivering extraordinary content.
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Introduced India’s first private satellite TV channel. Sparked an entertainment revolution in the country.
Challenged the status quo by exploring newer formats.
Expanded and restructured the businesses. Discovered our true identity that best resonates with our audience.
Growing into a leaner, greener and sharper ZEE. Paving the way for the future of entertainment, globally.
Dear Shareholders,
The financial year 2021-2022 embodied resilience and change at ZEE. The hallmarks of any transformation demand the elements of choice and action, and we at ZEE took this as an opportunity to challenge the status quo and shape a new tomorrow.
Punit Goenka
Managing Director & Chief Executive Officer
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Meet the Board
We view ZEE5 as our future growth engine and are investing in content, technology, and marketing to drive its appeal and reach further.
Rohit Gupta
CFO
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*Note: FY20 excludes one offs in Operating cost (₹ 2,598 mn), Other costs (₹ 3,433 mn) and loss on sale of Investments (₹ 3,835 mn in FVTPL).
FY21
excludes one offs for content syndication deal (Revenue of ₹ 5,512 mn and operating cost of ₹ 4,730 mn), and Other costs (₹ 812 mn)
It has been a season of change at ZEE. We take pride in the three successful decades of extraordinary stories and value creation that are synonymous with our name, but we are only getting started. With the ways of the world altered, we have focused on bringing a sea change in the industry.
We recognise the need for synergy among our businesses, both in terms of cost and revenue, and follow a multipronged approach to strengthen our presence.
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Making our content available across the country and promoting accessibility have helped ZEE secure its position as a leader in entertainment.
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We take pride in our contentgeneration capabilities, and have, over the years, channelled our energies to create a unique value proposition. The proof of this is the acceptance we enjoy with the audience.
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Our viewership numbers shed light on the demand for content and that is a crucial driving factor for us. We have forged a strong consumer connect through TV channels, OTT platform, movies, music and events.
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Three decades ago, ZEE revolutionised entertainment in India. Now we are ready to shape the future.
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Together with our audiences, our people, our artists, our partners, and other
stakeholders, we give shape to bigger, bolder and better ideas across
different platforms.
With 22 languages and over 1,300 dialects spoken in India, we see immense opportunities for creating exciting content that celebrates this diversity and strikes a chord with consumers across the length and breadth of the nation.
Our channels and programming extend beyond Indian languages, and we cater to a wide international audience in their native languages as well.
We are at the forefront of ushering in the next generation of entertainment, empowering our consumers with more choices, more freedom, and more access. We stand ready to unlock extraordinary experiences across platforms, regions, and languages.
ZEE5’s international business has been remarkably successful. The U.S. surged ahead to become our largest international revenue market within just eight months of launch and is going from strength to strength.
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We understand India’s passion for movies. From acquisition and production to marketing and distribution, we do everything to make high-impact films a reality. We shape films that transcend languages, genres, and formats to connect with our audiences.
According to the FICCI:EY report, in CY21, the Indian music segment grew by 24% to reach ₹ 18.7 billion. Of the revenues, 90% were earned through digital means, with the majority being advertising led, with only 3 million paying subscribers. Performance rights too witnessed a recovery and grew by 89% once lockdown restrictions were lifted.
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Organised live events segment revenues recovered 20% in CY21. Subject to no further impact of the pandemic, the segment will recover to pre-COVID levels by the last quarter of CY24/first quarter of CY25, at a CAGR exceeding 30% over the next three years.
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As a purpose-led organisation, we are committed to making a positive impact in the lives of our people, consumers, partners, shareholders, and the communities we operate in.
Our commitment to a sustainable, inclusive and equitable future is demonstrated in our strong governance standards, a focus on employee wellbeing, building community resilience, and mitigating our environment footprint. We are focussed on embedding Environment, Social and Governance (ESG) principles within our organisational culture and deliver shared value.
At ZEE, we are aware of the role that ethical governance, transparency and accountability play in preserving and growing long-term stakeholder value.
The only true source of competitive advantage for any business is its people and the impact they generate within the organisation and for its customers. Thus, having high-performing and committed employees is key to creating value for customers and other stakeholders alike and is a critical factor in organisational sustainability.
At ZEE, we touch lives positively in ways more than one. We are ardent believers of giving back to the society, and upholding social stewardship across our operations.
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