Cable TV
ZEEL announces new TV channel prices ahead of deadline
MUMBAI: Ahead of 31 August 2018 deadline for publishing TV channel prices in a new format and a day before the Supreme Court hears a case relating to TRAI’s new tariff regime, Zee Entertainment Enterprises Ltd (ZEEL) has made public its channel prices as suggested by the regulator in 2016, setting an example for owners of other TV channels.
All ZEEL channels will be available on a-la-carte basis, as required by regulations, and the consumers will also have the option to choose from specifically created bouquets for Hindi speaking markets (HSM) and different regional language markets like Marathi, Bangla, Odia, Bhojpuri, Tamil, Telugu, Kannada and Malayalam, an official statement from ZEEL said on Monday evening.
The Punit Goenka-led ZEEL’s initiative to be first off the blocks with a-la-carte pricing could very well put pressure on other broadcasters to follow the example. Goenka also happens to be the president of the Indian Broadcasting Foundation, an industry body that claims its members manage 350+ TV channels and about 90 per cent of television viewership across the country.
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Meanwhile, according to ZEEL, for each market, there will be multiple bouquets available to consumers across the country at different price points. Each bouquet would constitute a mix of channels of different genres, including general entertainment, movies, news, infotainment and music. The starting bouquet (B1) is likely to exclude English entertainment and English movie channels whereas the premium bouquet would include all channels offered by Zee.
ZEEL is likely to keep the prices of Hindi language bouquets from Rs. 45 upwards. For other languages, bouquet prices will be higher in those markets where Zee has multiple offerings and lower in other cases. For the discerning high definition (HD) consumers, Zee is creating additional bouquets that will make it convenient for various operators to offer to their respective subscribers, the statement said. The Hindi language HD bouquets are likely to be priced Rs. 60 upwards.
ZEEL has decided to offer all its News channels along with its other popular channels like Zee Anmol, Big Ganga and Big Magic as part of these pay bouquets. As a result, these channels would not be available in the FTA pack.
In a related development, the Supreme Court is scheduled to hear a case filed by Star India and Vijay TV against Madras High Court clearing regulator TRAI’s new tariff regulations, which were first announced middle 2016 but has been in suspended animation since late 2016 due to various legalities.
MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.
Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.
Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.
The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.
In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.
