Media & Entertainment Industry's contribution to the growth of Global Economy
The Media and Entertainment industry is one of the most vibrant and exciting industries in the world and its growth has had a tremendous impact in the recent global economy. In the coming years, there is expected to be a steady growth of global entertainment and media revenues in line with its historical trend. PwC Outlook 2014 predicts that by 2018, non-digital media will continue to account for the largest share of global spending, TV will still be the biggest advertising medium and the world's Media & Entertainment industry, estimated to grow at 5.6 per cent CAGR, is constantly evolving and transforming as we move from the traditional to the digital medium. The Indian M&E industry is booming ahead with an overall growth of 11.8 per cent over 2012 and touched INR 918 billion.
ZEE is a Media and Entertainment Conglomerate engaged primarily in content creation, broadcasting and production. Since its inception in 1992, ZEE has been the forerunner in contributing to the M&E industry not just in India but worldwide. Zee has an ominous global presence as we reach more than 730 Million viewers in 169 countries with 33 channels.
ZEE as a Global Conglomerate dominates the International South Asian Business, with Zee TV continuing to lead in the US, Middle East & Africa's in terms of viewership within the South Asian channels. With overall revenue standing at INR 44,217 Million with EBIDTA of INR 12,043 Million and Net Profit of INR 8,921 Million in FY 2014, Brand ZEE continues to its race to be in the Top 100 of the Global League Table.
ZEE is ranked as the No.1 Media Company in the prestigious ET 500 list of companies. ZEE is also proud to be listed at the 59th position in 2013 Business Today's 500 Most Valuable Companies and are a part of the prestigious Billion Dollar Media Club listed by Business Standard's List of India's Top Media Firms.
The recently conducted Corporate Brand Valuation Study articulates ZEE's success on three fundamental brand value drivers - Pioneering, Prudent and Predictable. Pioneer - for all the industry firsts that ZEE has to its credit, because of which the industry looks up to ZEE in terms of innovations and industry leadership; Prudent - giving the best input to output ratio in the industry; and Predictable – emerging as the most effective shock-proof option for investments and delivering consistent value to investors.
As the future of the global M&E industry continues to be promising, we at Zee will continue to create a benchmark in terms of content innovation, operational excellence and global footprint to sustain our industry leadership. As the world gets more interconnected, we move further across geographies, thus, we stand true to our corporate positioning 'Vasudhaiva Kutumbakam - The World Is My Family'.