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4-Traders Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Zee Entertainment Enterprises Limited    ZEEL   INE256A01028

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Zee Entertainment Enterprises : Africa takes the lead at the OTT and VOD Summit 2017

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02/21/2017 | 09:34am CET

Zee Africa takes the lead at the OTT and VOD Summit 2017

The OTT and VOD Summit Africa 2017 was held at the Radisson Hotel in Sandton, Johannesburg on the 7th and 8th of February 2017. Zee Africas CEO, Harish Goyal was a key note speaker on 'Scenarios for a Viable Local and Regional Content Discovery' and one of the panellists for a discussion on 'Rights and Licensing Management for VOD and OTT TV', at the OTT TV and VOD Summit Africa. Zee Africa was one amongst many leading brands in the world of content.
It was certainly an honour for us to be present at such a prestigious event to highlight the importance of local and regional content in the digital space.
ZEE's influence in the territory is ever growing. With four channels that cater exclusively to the African audience, Zee Africa has edged one step closer to fulfilling the 2020 vision. Africa's OTT and VOD market is growing, and ZEE is one of the pioneers in this field. ZEE's role as a broadcaster and content producer was highlighted at the summit as well as ZEE's digital presence.
The discussion concluded by bringing to light, ZEE's success in the African territory and future in digital which had been etched in the minds of attendees from media and broadcasting industry at this summit.

'It was an honour for me to represent one of the strongest television empires in Africa at this summit. Zee Africa was highlighted amongst its fellow brands in Africa and I believe this is one step closer to ZEE's Bollywood takeover on our African soil.' said Harish Goyal - ZEE Africas CEO.


Zee Entertainment Enterprises Limited published this content on 17 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 February 2017 08:34:08 UTC.

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Financials ( INR)
Sales 2017 65 951 M
EBIT 2017 17 654 M
Net income 2017 14 817 M
Finance 2017 19 456 M
Yield 2017 0,56%
P/E ratio 2017 32,42
P/E ratio 2018 31,70
EV / Sales 2017 7,33x
EV / Sales 2018 6,61x
Capitalization 502 555 M
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Mean consensus OUTPERFORM
Number of Analysts 33
Average target price 539  INR
Spread / Average Target 2,9%
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Punit Subhash C. Goenka Chief Executive Officer, Executive Director & MD
Subhash N. Chandra Non-Executive Chairman
Sachin Rumde Head-Operations
Mihir Modi Chief Financial & Strategy Officer
Shekhar Kadav Head-Information Technology
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