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Zee Entertainment Enterprises (ZEE) on Friday reported 70% year-on-year (YoY) growth in its consolidated net profit at Rs 209 crore for the quarter ended September 2024. It was Rs 123 crore a year ago. Analysts had pegged the core net profit for the September quarter at Rs 153 crore.

Subscribe to enjoy similar stories. MUMBAI : Domestic institutional investors (DIIs) are major players in India's stock market. These entities, such as mutual funds, insurance companies, pension funds, and banks, manage funds on behalf of individual investors and institutions.

The Arkansas Supreme Court has upheld the wording of a ballot measure that would revoke the license issued for a planned casino

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The CBFC's clearance comes after some back-and-forth between the filmmakers and the board. Co-produced by Zee Entertainment, the production had agreed to make several cuts suggested by the censor board, ending a prolonged period of uncertainty regarding its release. Kangana Ranaut, who directed and co-produced the film, expressed her relief on social media, tweeting: «We are glad to announce we have received the censor certificate for our movie Emergency. We will be announcing the release date soon. Thank you for your patience and support.» The film, initially slated for release on September 6, faced delays after objections were raised by Sikh organizations, particularly the Shiromani Akali Dal, which argued that the film misrepresented certain historical facts. This led to a temporary stall in the release of the film's trailer, adding to the challenges the production had already faced.

ZEE5, the streaming platform from Zee Entertainment, is prioritising family-friendly content, enhancing its technology, and optimising costs through efficient content production to expand its business while minimising losses, according to a senior executive. This strategy has enabled the platform to increase both advertising and subscription revenue while reducing expenses. It expects the advertising business to pick up once the ad rate correction occurs in the industry and Connected TV (CTV) numbers increase. On the subscription side, it has partnered with Vodafone Idea and is in advanced discussions with Bharti Airtel. In the quarter ending in June, ZEE5 reduced its operating loss by 48% to ₹177 crore, while revenue grew by 16% to ₹223 crore. Over the 12 months ending in March, revenue increased by 24% to ₹919 crore, although the operating loss remained steady at ₹1,105 crore.

Barry Diller has a memoir coming out next spring, covering a life that could fill multiple volumes

The Japanese entertainment giant Toho has reached an agreement to acquire the Oscar-winning animation outfit GKIDS, the companies said Tuesday

The world’s second Sphere will be built in the capital of the United Arab Emirates after the opening of the first in Las Vegas

The Arkansas Supreme Court has rejected part of a lawsuit challenging a ballot measure that would revoke the license for a planned casino

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Uncle Jim is profoundly red, politically speaking

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Baba Siddique, a former Maharashtra minister and well-known leader of the Nationalist Congress Party (NCP), has sent shockwaves through the Indian film industry. Siddique had cultivated friendships with numerous Bollywood celebrities, including Salman Khan, Shah Rukh Khan, and Shilpa Shetty.

Reliance Industries Limited (RIL)-owned Viacom18 and Walt Disney's Star India are expected to complete their merger by the third quarter of this financial year, pending additional approvals, according to a regulatory filing from Reliance Industries Limiter (RIL). In its quarterly report, RIL noted that Viacom18 and Star India have already received conditional approval from the Competition Commission of India (CCI) for their proposed merger. However, the CCI has yet to issue its detailed order regarding the Star-Viacom18 merger. The competition regulator approved the transaction on 28th August.

Orlando's tourism machine has begun grinding to a halt ahead of Hurricane Milton's expected hit as a major storm in Florida

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