Zeel to launch WION in august & get 7% commission | DTH Forum with Fastest DTH Updates

Zeel to launch WION in august & get 7% commission
Zee Media Corporation Ltd (ZMCL) will launch its English news channel WION (World-Is- One-News) in August. The business plan for the launch of the channel was approved at the board meeting of the company today. WION, which is headed by Rohit Gandhi as the editor-in-chief, will report global news and issues from a South Asian perspective. The company had recently received three TV channel licences, including WION, from the Ministry of Information and Broadcasting (MIB).ZMCL has also terminated its distribution arrangement with Taj Television India, a wholly owned subsidiary of Zee Entertainment Enterprises Ltd (ZEEL). The arrangement with Taj was valid for a period of three years till 31 March 2017.Taj was getting 14 per cent commission fee from ZMCL for distributing the latter’s channels. With ZEEL subsuming the distribution business by moving it from Taj TV, the ZMCL board has also accorded in-principle approval for entering into a new agreement for distribution of television channels. The company will share seven per cent subscription revenue with ZEEL, a sister company, as commission for distributing its channels. The board of ZMCL has authorised the company secretary to initiate actions required to seek approval of unrelated shareholders for the proposed transaction between the company and ZEEL for distribution of television channels.
Zee Media to launch English news channel WION in August; ZEEL to get 7% commission for distributing news channels | TelevisionPost.com

Sent from my MotoE2(4G-LTE) using Tapatalk
[-] The following 3 users say Thank You to Animax for this post:
  • ejisewe, hskamboj20, RAJKUMAR NAIK

Possibly Related Threads...
Thread Author Replies Views Last Post
  Videocon d2h receives shareholder, Competition Commission nod for merger with Dish TV Sandesha 0 261 Thursday 11-May-2017, 11:26
Last Post: Sandesha
  Need to examine legalising sports betting, says Law Commission chairman Sandesha 0 245 Monday 20-March-2017, 15:36
Last Post: Sandesha
  WION launch now formal; lists marquee shows Sandesha 0 200 Friday 09-December-2016, 20:01
Last Post: Sandesha
  ZEEL to launch Marathi HD channels, Bangla to follow next Nilu334 0 393 Friday 14-October-2016, 09:55
Last Post: Nilu334
  DTHHELP Xclusive Wion channel launching on 15 august Thakur 0 316 Monday 08-August-2016, 15:40
Last Post: Thakur

Forum Jump:

Users browsing this thread: