ZEE Restructures for Enhanced Performance and Profitability

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ZEE Restructures for Enhanced Performance and Profitability

## ZEE Entertainment Enterprises Unveils New Organizational Structure

ZEE Entertainment Enterprises Ltd., a prominent player in the global media and entertainment industry, has announced a new streamlined organizational structure aimed at enhancing performance and profitability across the company. This restructuring aligns with the strategic vision of Managing Director and CEO, Punit Goenka, and has been approved by the Board of Directors.

Broadcast, Digital, Movies, and Music. This strategic move aims to bolster operational efficiency and elevate key personnel within the organization.

Under the new structure, Punit Goenka will directly oversee critical business verticals, including the Domestic Broadcast Business, assuming direct responsibility for its success. Key leaders such as Siju Prabhakaran and Samrat Ghosh will take on expanded roles to fortify performance in specific markets. Ruchir Tiwari, Vishnu Shankar, and Ashish Sehgal will also play pivotal roles in driving quality entertainment and maximizing value for advertisers.

Amit Goenka will continue to lead the Digital Business, leveraging his expertise in the evolving digital entertainment landscape. He will also assume additional responsibilities for the International Broadcast Business, Enterprise Technology, and Broadcast Operations & Engineering, aiming to drive higher growth through synergies across business segments.

Umesh Bansal will spearhead the Movies business, leveraging his expertise in content production, strategy, and syndication. Meanwhile, Anurag Bedi will continue to lead the Music business, enhancing its contribution to the company's bottom line.

All corporate functions will report directly to Punit Goenka, ensuring streamlined communication and decision-making processes. The new structure is effective immediately, reflecting the company's commitment to adaptability and efficiency in a rapidly evolving industry landscape.

R. Gopalan, Chairman, ZEE, expressed confidence in the new structure, stating that it will streamline the organization and improve efficiencies across the business. He also highlighted the strong leadership team and the company's deep bench strength, ensuring its future success.

Punit Goenka, MD & CEO, ZEE, expressed gratitude to the Board for recognizing their efforts and emphasized the new structure's focus on profitability and agility. He expressed his confidence in the team's ability to drive robust growth and achieve the company's strategic priorities.