We are ZEE

This year has brought a lot of changes, but it has also been a time of creative success for us at ZEE. We have navigated the fast-changing media landscape with resilience and a clear strategy, and we are ready for whatever comes next.

At the heart of our approach is a focus on prudence. We keep a close eye on profitability while managing costs wisely. This careful management allows us to embrace new technology and innovate, enhancing experiences and uncovering exciting growth opportunities.

As the Media & Entertainment industry continues to evolve, ZEE is leading the way. Honesty, openness, and fairness are key to building strong, lasting relationships with our audience and investors. As trusted storytellers of our nation, our mission is to connect with more households, touch more lives, and strengthen our ties with everyone we engage with.

Making entertainment extraordinary

We are the global entertainment go-to, with an integrated team creating and serving extraordinary content across various formats and genres around the globe.

FY 2023-24 Highlights

`0 mn

Operating revenue

0%

EBITDA margin

0%

Women employees

0%

Decrease in per day shoot carbon emission

0%

Reduction in energy intensity per rupee turnover

0%

Full time employees paid above minimum wages

0%

Offices assessed for health and safety, and working conditions

0%

TV network share#

0+

ZEE5 app rating on Android Play store and iOS app store

~0 bn

YouTube views across all ZEE Music Company (ZMC) channels

0 mn

Weekly reach of linear channels^

^ 52-week reach, India 2+ U+R | # Source: BARC, 15+ U

We back the most extraordinary ideas, stories, and
events, ensuring everyone feels heard and understood.
All while connecting people together.

A TURNING
POINT

…of leveraging conversations, our resilience and financial prudence to tell stories that truly matter.

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ENTERTAINMENT
FOR BILLIONS

…by bringing extraordinary tales to life, touching the souls of our viewers.

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IN GOOD
FAITH

…upholding the highest standards of governance.

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punit-goenka
MD & CEO’s MESSAGE

Rebooting and
refocusing for success

Dear Shareholders,

As we maintain a sharp focus on the performance of the business, we will simultaneously continue to invest in innovation and leverage the latest technologies to drive efficiency, in order to enhance the entertainment experiences for consumers and unlock new growth avenues. We are nurturing a virtuous cycle of growing our profits by continuously improving the productivity, which in turn will reflect in our performance

“Our focus is not just on improving the performance in the short-term; but on building a strong and conducive growth environment that will sustain your Company in the long-term.”

Punit Goenka MD & CEO

punit-goenka

A Turning Point

We are living in a fast-changing media world. As we passionately usher in the next-gen entertainment for our viewers, we remain committed to our trifecta of optimism, resilience and financial prudence.

Optimism

To deliver superior media experience through a vast content library and deep insights into consumer behavior. Our Technology & Innovation Centre (TIC) has now integrated high-ROI AI capabilities across all platforms. This upgrade promises increased revenue, enhanced viewer satisfaction and added value for advertisers in the coming quarters.

Resilience

To anticipate, hear, understand and meet needs of our viewers, employees and shareholders. To keep running behind our big audacious goals even during times of uncertainty. To always be able to keep our customers first and identify and resolve problems which have a high impact on business by providing innovative solutions and ensuring implementation with excellent execution.

Financial Prudence

We work with a singular objective—to deliver sustainable shareholder value through market-beating performance and to drive societal change through our stories. With eyes on performance management, we are now implementing measures focused on accelerating growth and enhancing profitability.

ENTERTAINMENT FOR BILLIONS

Ideas, conversations, emotions—all powerful forms of inspiration on this planet, we unlock them for our viewers. A single idea can inspire a person to be all that they desire to be. We aim to be that source of truth for them, shaping their present and inspiring their future.

Bringing stories to life

ZEE Broadcast reaches over 859 million viewers nationwide. We cater to the South Asian diaspora and global audiences with content in multiple languages, including foreign languages, and partner with international production houses to develop original intellectual properties.

Entertainment on the go. Anytime. Anywhere.

Recognised as an undisputed video streaming platform of choice for consumers; with an expansive and diverse library of content comprising over 3,600+ movies, 1,600+ TV shows, 300+ originals shows and movies, and 5 lakhs+ hours of on demand content.

Entertainment! Entertainment! Entertainment!

Blockbuster Hits. Critically acclaimed films. In Hindi, Marathi, Bangla, Tamil, Telugu and others. We are the producers and distributors of some of the most watched and highest grossing films in Indian cinema.

Bringing stories to life

As the second-largest music label, we engage with approximately 149 million YouTube subscribers, bringing the joy of music to listeners around the world.

IN GOOD FAITH

Our corporate governance framework is underpinned by independence, accountability, responsibility, transparency, trusteeship, and disclosure. This is further bolstered by our foundation of strong values and commitment to stakeholder value creation. Our strongly independent Board oversees the implementation of our governance philosophy. We believe that success should be accompanied by a sense of responsibility towards all stakeholders.

Responsible corporate conduct

To strengthen our commitment to ethical business conduct, we have revamped our Code of Conduct to maintain a culture that exemplifies the highest standards of ethical and responsible corporate actions.

100%

Completion rates in Digital Induction, POSH, Code of Conduct, Information Security and Data trainings

Silver

Won at the ET HR World for Best Advancements in Compliance Trainings

Mitigating and governing risks

Our Company has a robust risk management framework, overseen by the Risk Management Committee (RMC) which is a 3-member committee formed by two independent directors and CFO.

ZERO

Data breach incidents

Fostering sustainability at Zee

Our sustainable business philosophy prioritises ecological responsibility over profit maximisation. Following a rigorous double materiality assessment in 2023 with an external agency, we have mapped our ESG footprints across our India operations. We are proud to highlight that our initiatives have resulted in improved ESG ratings, showcasing our commitment to impactful change.

23%

Reduction in Scope 1 emissions

Business Segments

A powerhouse of
entertainment

DOMESTIC

United by Stories...

In FY 2023-24, 57% of our viewership came from other language markets, up from 56% in FY 2022-23. ZEE’s movie channels, with a portfolio of 24 channels in eight languages, accounted for 24% of urban movie channel viewership—a 100 basis point increase from the previous year.

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FY 2023-24 highlights
0%

Television network share

0 mn

Weekly reach@

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Weekly viewing minutes*

Solidifying our
leadership position

ZEE Bangla

#1 Channel

ZEE Kannada

#1 Channel

ZEE Telugu

#2 Channel

Source: @BARC 15+ U I * FY 2023-24

INTERNATIONAL

...that knows no borders

Expanding our reach and leveraging our expertise in creating high-quality content and innovative storytelling, we have made a name for ourselves on the world stage. We lead in broadcasting Indian content to the global diaspora, with over 40 dedicated channels and over 70 passthrough channels reaching more than 120 countries. Our international operations extend beyond broadcasting to include ZEE5’s AVOD sales.

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FY 2023-24 highlights
0+ mn

Viewers

0%

FY 2023-24 viewership share for channels catering to the South Asian diaspora; up from 20% in FY 2022-23

#0

Hindi GEC in MENA for the 7th consecutive year

#0

English-dubbed channel (ZEE World) in Nigeria for the 4th consecutive year

Source: @BARC 15+ U I * FY 2023-24

SPORTS

On a winning streak

From pre-match analysis to a comprehensive coverage of the LIVE game across a variety of sports, we are dedicated to keeping fans worldwide connected and on the edge of their seats like never before.

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FY 2023-24 highlights

Reached 100+ countries through ZEE5 Global and partners

A limitless world,
on the go

ZEE5, one of India’s youngest OTT platforms, has quickly become a household name since its launch, emerging as the largest producer of Indian language content both in India and globally. Our expansion has been driven by multilingual storytelling and a diverse range of offerings that resonate with our audience.

Backed by a strong digital-first, consumer-centric strategy and a robust content funnel, ZEE5 now boasts over 3,600+ films/movies, 1,600+ TV shows, 300+ originals and 5 lakhs+ hours of on-demand content across 12 languages.

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FY 2023-24 highlights
0 mn

Revenue

0

Shows and movies released during the quarter including 15 originals

#0/5

Rating on the iOS App Store

#0/5

Rating on the Android Play Store

Lighting up the
silver screen

ZEE Studios, has emerged as a major player in the industry, releasing over 20 movies and web series. Our effective marketing strategies have built lasting ‘Lifetime Value’ for our productions. By emphasising intellectual property ownership, we continue to lead the charts on ZEE5, reinforcing our reputation for compelling, genre-spanning content that resonates worldwide.

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FY 2023-24 highlights
0+

Movies and web series released across six languages

`0 mn

Movie business revenue

Staying on
the beat

ZEE Music Company (ZMC) has a catalogue of 14,000+ songs across 22 languages–Hindi and other languages–making it the one of the fastest-growing music labels in the country. ZMC has also emerged as a partner of choice for producers in the country who leverage the vast distribution network. Beyond the mainstream offerings, ZMC encourages emerging talent through the ‘ZEE Music Originals’ platform, which celebrates India’s rich soundscape. Continuing to set the pace in the market, ZMC holds a commanding share of the market through new acquisitions in Hindi film music, regional music and non-film music.

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FY 2023-24 highlights
0+

Songs added to ZMC’s catalogue

~0 mn

Subscribers on ZMC’s YouTube channel

~0 bn

Video views across YouTube channel

Sustainability Framework

Responsible actions
for a better tomorrow

At ZEE, a collaborative approach and open dialogue form the foundation of our robust ESG governance framework. Our ESG values are deeply ingrained throughout the organisation, at every level, influencing our collective actions both within and beyond ZEE. We continuously strengthen our ESG framework through knowledge sharing, comprehensive reporting, technological support and proactive initiatives, ensuring its resilience and sustainability over time.

Caring for our planet

Our environmental initiatives and measures include:

  1. Enhanced ESG data collection system through technological advancements.
  2. Implementation of a customised data collection tool to monitor and track various environmental parameters such as energy consumption, Scope 1, Scope 2 and Scope 3 emissions, water and waste quantities, and air emissions.
  3. One of our offices successfully implemented energy-saving measures, resulting in substantial cost savings and reduced energy consumption.
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FY 2023-24 highlights
0%

Decrease in per day shoot carbon emission

0%

Reduction in water withdrawal

A winning mindset

We prioritise the growth and development of our people, providing opportunities for continuous learning and skill-building to discover their full potential. By investing in their success, we are empowered to make progress towards achieving collective growth.

Employee engagement

Learning and development

Leadership development

Diversity and inclusion

Employee health
and safety

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FY 2023-24 highlights
0%

Reach of Samwad
Theatre sessions

0/5

Average feedback received

0/5

NPS

Creating value for communities

We are ardent believers in giving back to society and upholding social stewardship across our operations. Through our initiatives, we aim to build an equitable and sustainable environment of growth for communities to sustain and thrive.

Women empowerment

Disaster relief and recovery

Protection and preservation of our arts, crafts, culture, national heritage and monuments

Integrated rural development projects

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FY 2023-24 highlights
`0 mn

CSR Spend

Governance

Our Board comprises a diverse and predominantly independent membership, each bringing extensive experience and technical expertise to drive our initiatives forward.

Board of Directors

Responsible for ensuring long-term business strategy, enhancing shareholders’ value, and overseeing the interest of all stakeholders.

Board Committees

Oversees specialised areas of operations, and provides recommendation based on expertise.

Audit Committee Nomination & Remuneration Committee Stakeholders Relationship Committee Risk Management Committee Corporate Social Responsibility Committee

Management

Implement policies and procedures, manages everyday operations.

AWARDS AND RECOGNITION

Moments of victory

ZEE Bags 3 Golds at PromaxAsia Awards’ 2023
Earning Accolades at e4m Play Awards’ 2024
Proud Winners of Afaqs Digies’ 2024
Setting the Benchmark Right with Kyoorius Creative Awards 2024
Afaqs Media Brand Awards’ 2024
Promax Regional Awards
Proud Winners of Afaqs Digies’ 2024
Emerging Victorious at OTTplay Awards 2023
Ayali Steals the Thunder at Indian Marketing Awards – South 2023
Sirf Ek Bandaa Kafi Hai wins big with 5 awards at Filmfare OTT Awards 2023
Afaqs Media Brand Awards’24 Gold for best video promo
Promax India Regional Awards 2024
ZEE Retains Broadcaster of the year
Promax and Digital Reinvent Awards 2023
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