Quick look at the new hirings and promotions this week
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The company states that it will "enhance its strategic flexibility to pursue future growth opportunities in the evolving media landscape" with the use of the money
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The seasoned media expert mentioned that Zee Media is currently not seeking partnerships and discussed the emergence of online news content creators who enjoy extensive reach
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During the company meeting, the CEO of SPE shared that the merger deal between Sony Pictures Networks India (SPNI) and Zee fell through due to regulatory issues
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The order was issued in response to an application by Dr. Chandra, requesting the replacement of the Resolution Professional appointed by the NCLT
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Earlier this week, Zee revealed via a regulatory filing that it had spent Rs 432 crore on the failed merger between 2022-23 and 2023-24
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The firm incurred merger-related costs of Rs 256 crore in 2023–24 and Rs 176 crore in 2022–23, according to the documents
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Gienka has been the CEO of the company for more than 15 years
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The broadcaster's advertising revenue stood at Rs 1,110.2 crore against Rs 1005.8 crore in Q4 FY23, reporting a 10 per cent growth YoY
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The tournament, featuring 34 matches will conclude with the final on 9 February 2025 and will be exclusively available on Zee's platforms
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