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Zee Media Corporation

Zee Media Corporation

Zee Media Corporation Limited was formerly known as Zee News Limited. It is one of India’s largest television news networks with presence both in the national and regional space. The company is behind the country’s first ever satellite channel, Zee TV.

Zee Media Corporation is a part of Essel Group, headed by Subhash Chandra. ZMCL has 14 news channels in eight different languages across the country, including Zee Odisha, Zee 24 Ghanta, Zee 24 Taas among others. The owner’s family also own a distribution network Dish TV India Ltd. Zee Media is also active in Film and Video production and runs a Film School called ZIMA, Zee Institute of Media Arts.

Zee Media Corporation Limited is a listed company where 30.89% of shares are publicly traded in the stock market. The remaining 69.11% shares are owned through Essel Group of companies.

Key facts

Mother Company

Essel Group

Business Form


Legal Form

Public Limited by shares

Business Sectors

TV Broadcasting; Publications; Film Production; Technology; Packaging; Infrastructure; Education; Precious Metals; Healthy Lifestyle and Wellness; Financial Services; Oil and Gas; Potash Mining; Nuclear based Energy


Individual Owner


30.89% shares of the company are owned by Public.

Media Outlets
Other Media Outlets

Other Print Outlets

DNA Daily News and Analysis (Missing Data)

Other TV Outlets

Zee News (Missing Data)

Other Online Outlets


Media Business

Multi System Operator

Siti Networks Limited

Film Production and Distribution

Zee Studios

Over-The-Top and Live TV



Diligent Media Corporation Limited

Direct-To-Home Service

Dish TV India Limited


Infrastructure Outsourcing

Cyquator Technologies

Specialty Packaging

Essel Propack Limited


Essel Infraprojects Limited

Integrated Utilities

Smart Utilities

Lifestyle Malls

E-City Real Estates Private Limited

PNG and CNG Projects

Siti Energy Limited

Property Management

E-City Property Management and Services Private Limited


Zee Learn Limited

HR Solutions


Precious Metals

Shirpur Gold Refinery

Financial Services

Essel Finance

Oil and Gas & Potash Mining

Essel Group ME

General Information

Founding Year


Affiliated Interests Founder

Dr. Subhash Chandra

is credited with starting India’s first ever satellite television entertainment channel, Zee TV in 1992. He also started India’s privately-owned news channel, Zee News. Dr. Chandra is an Independent Member of the Rajya Sabha, (Upper House of the Indian Parliament), since 2016 – a seat he won with the help of Bharatiya Janata Party lawmakers in the state of Haryana. BJP is currently the ruling party in the country.

Dr. Subhash Chandra is part of the Goenka business family. His brothers Laxmi Narain Goel, Jawahar Goel and Ashok Goel head different businesses of the Essel Group. Jawahar Goel is the Chairman and Managing Director of Dish TV India Ltd. Dish TV is the Direct-to-Home (DTH) Entertainment Company, and is in the distribution space. Dr. Chandra is the non-Executive Director of Zee Entertainment Enterprises Limited, that owns the entertainment arm, Zee TV. His son, Punit Goenka is the Managing Director of and CEO of the company. Dr. Chandra’s second son, Amit Goenka is the CEO of the company’s international broadcast business.


Missing Data


14th Floor, A Wing, Marathon Futurex, N M Joshi Marg,

Lower Parel, Mumbai 400013

Tel.: +91-22-7106 1234

Fax No.: +91-22-2300 2107


Tax/ ID Number

CIN: L92100MH1999PLC121506

Financial Information

Revenue (Financial Data/ Optional)

INR 5874 Million/ USD 90.064 Million

Operating Profit (in Mill. $)

INR 1135.22 Million/ USD 17.406 Million

Advertising (in % of total funding)

Missing Data


Executive Board

Rajiv Singh

Executive Director and Chief Operating Officer

Non-Executive Board

Surjit Banga

Non-Executive Chairman, Zee Media Corporation Limited, ETC Networks Limited, PRI Media Services Private Limited, Quantum Trustee Company Private Limited

Other Influential People

Sudhir Chaudhary

Editor-in-Chief, Zee News, Zee Business, World Is One News

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Meta Data

Most data about ZMCL was available online through the company’s Annual Report and through the Ministry of Corporate Affairs, Government of India registry. Establishing the final beneficial owner of the company was challenging because there were many dozen companies through which the final owner held stake in Zee Media Corporation Limited. # Also, the other businesses, and allied Media businesses mentioned in the study here belong not directly to Zee Media Corporation Limited, but to Essel Group of Companies, the mother entity, although not a legal entity. The Subhash Chandra family, himself, his wife, his brothers, and sons control the businesses of the Essel Group. The company was written to, seeking confirmation of all the details pertaining to the channel and the Company, via email on 15th January 2019, and a courier on 1st February 2019. There has been no response from the company.

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