ZEEL becomes the No. 1 Entertainment Network in India

JassPanjabi

Frequent Flyer
ZEEL was the No. 1 non-sports entertainment television network during the quarter with a viewership share of 18.3%.
• The Company entered into a definite agreement to acquire 6 music channels from 9X Media and its subsidiaries. The channels include 3 Hindi music channels (9XM, 9X Jalwa, 9X Bajao) and one each in Punjabi (9x Tashan), Marathi (9x Jhakas) and English (9XO). The acquisition will significantly strengthen ZEEL's television music portfolio in Hindi and regional languages. It will also complement the Company's movie and music business.
• Advertising revenue for the quarter was Rs. 9,867 million recording a growth of 2.9%. Adjusted for sports, domestic advertising grew by 10.1% to Rs. 9,346 million. On a comparable basis (excluding sports, RBNL and IWPL), domestic advertising revenue grew by 5.8%. International advertising revenue for the quarter was Rs. 521 million.
• Subscription revenue for the quarter was Rs. 5,014 million. Adjusted for the sale of sports business, domestic subscription revenue grew by 7.2% to Rs. 4,043 million. International subscription revenue stood at Rs. 971 million.
• Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) for the quarter stood at Rs. 4,912 million and EBITDA margin stood at 31.0%.
• 2 HD channels - Zee Tamil HD and premium English movie channels &privé HD were launched taking the count of HD channels to 11.


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