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Zee to pump $210 million into film biz

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MUMBAI: Zee Entertainment Enterprises Ltd (Zeel) will invest $210 million (Rs 8.5 billion) in its movie production and distribution business over three years.

Zeel‘s film business is being done through a subsidiary company, Zee Entertainment Studios (ZES).


“We plan to raise money in this company. It could be either through an initial public offer or private equity, depending on the market situation,” Zeel CEO Punit Goenka tells Indiantelevision.com.


Indiantelevision.com had earlier reported that ZES aims to raise $200 million by diluting 10-20 per cent through an IPO offering at the Alternative Investment Market (AIM) of the London Stock Exchange.


ZES will produce movies in six languages – Hindi, Tamil, Telugu, Marathi, Bengali and Gujarati.


ZES plans to produce 8-10 movies this fiscal, scaling up to 24 films in next fiscal.


The film production and distribution business will fall under two different brands – Zee Motion Pictures and Zee Limelight.


For the first quarter of this fiscal, the company has released Jannat (Hindi) and De Dhakka (Marathi). The revenue from this stood at Rs 102 million and operating profit at Rs 49.9 million.

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Rashmika Mandanna, Shanaya Kapoor and Naila Grrewal climb IMDb’s Indian celebrity rankings

Upcoming films and returning shows are driving fan interest across Bollywood and streaming

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MUMBAI: Bollywood’s popularity contest has a new weekly scorecard, and the numbers are telling. IMDb’s Popular Indian Celebrities list for this week places Shanaya Kapoor at number six, buoyed by buzz around her film Tu Yaa Main. Naila Grrewal slots in at seven on the back of the returning comedy series Maamla Legal Hai, while Rashmika Mandanna climbs to eighth, riding mounting anticipation for Cocktail 2.

The list, available exclusively on the IMDb app for Android and iOS, tracks trending Indian entertainers and filmmakers each week, drawing on data from more than 200m monthly visits to the platform worldwide.

Further down the rankings, Raaka is keeping two of its biggest names in the spotlight. Deepika Padukone holds 11th position, with Allu Arjun close behind at 13th, as the film continues to find traction with audiences.

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The list offers fans a weekly pulse on who is breaking through, who is holding steady, and who is fading. It is a barometer as unsparing as the box office itself.

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