Zee Entertainment Enterprises Ltd on Monday reported 18.6 per cent decline in its consolidated net profit for the quarter ended March 31 at Rs 160.17 crore due to higher operational costs and reduced advertising revenue.

Essel Group firm Zee Entertainment Enterprises Ltd (ZEEL) today said its board has approved a fresh buyback of equity shares for up to Rs 280  crore.

Zee Entertainment Enterprises is trading higher by 2% at Rs 129 after the company said that its board will meet on April 4, 2012 to consider a proposal for buyback of equity shares of the company up to a value not exceeding 10% of the paid up capital and

Zee Entertainment Enterprises Ltd (ZEEL) today said it may buyback equity shares of the company up to a value not exceeding 10% of the paid up capital and free reserves.

FIIs continue to be net sellers while domestic funds are trying to counter that by buying in a weak market. Meanwhile, LIC has cut its investments for FY12 by a third.

Subhash Chandra-owned Essel Group's Zee Entertainment posted a growth of 23% in net profit for the second quarter ended September, 2011, at Rs 160 crore.

TV channel operator Zee Entertainment Enterprises will launch 3-4 high definition channels in FY13, adding to its total of regular 29 channels, Punit Goenka, managing diretor and CEO told reporters on Tuesday.

Zee Entertainment Enterprises Ltd on Thursday reported a 13% drop in its consolidated net profit of Rs 130 crore compared with Rs 150 crore a year ago.

Essel Group company Zee Entertainment Enterprises (ZEEL) today said it will undertake a share buyback programme that will entail an outgo of up to Rs 700 crore.

Zee Entertainment Enterprises (ZEEL) today said seven of its promoter entities had pledged over 110 million shares of the company.

Zee Entertainment is on the buzzer, having recovered from a 9% drop in the last 4 days. Meanwhile, the Sensex has given 2% retuns in the same period.

Apart from a new logo and tagline, India’s third-largest channel is going in for a massive content overhaul.

Star India and Zee Entertainment today announced a 50:50 joint venture (JV) between their distribution arms, STAR DEN Media and Zee Turner.

Zee Entertainment Enterprises Ltd is in talks with clients to hike ad rates by an average of 10-12% effective next quarter, Managing Director and CEO Punit Goenka told Reuters on the sidelines of a press conference.

Zee Entertainment has moved higher by 4% at Rs 142 after the company announced a joint venture (JV) with STAR to combine the distribution of their respective channel bouquets in the country.

Star India and Zee Group, two leading electronic media conglomerates in the country, today came together to form an alliance for distributing television content.

Zee Entertainment Enterprises on Tuesday said its Jan-March consolidated net profit jumped 49% due to a spurt in advertising and subscription revenues, pushing its shares up 10%.

Zee Entertainment Enterprises has soared 6% at Rs 132 after reporting 49% jump in its consolidated net profit at Rs 192 crore for the quarter ended March 2011 over the corresponding quarter of previous year.

Zee Entertainment today said its board had approved the buyback up to 25% equity in the company at not exceeding Rs 126 per share.

Media firm Zee Entertainment Enterprises is expanding its online offerings as it targets global sales of up to $100 million in the next 3-5 years from its digital media business.