As Zee gets lean, Punit Goenka in charge of critical verticals
SUBSCRIBE
JOBS
Custom Image
Go Back
7 months ago 06:00:56am Television

As Zee gets lean, Punit Goenka in charge of critical verticals

New Delhi, 18-April-2024, By IBW Team

As Zee gets lean, Punit Goenka in charge of critical verticals

ZEE Entertainment Enterprises Ltd yesterday announced a streamlined organisational structure with its MD and CEO Punit Goenka assuming direct charge of critical verticals, including domestic broadcast business.

Under the new organisational structure approved by its board, ZEE Entertainment Enterprises Ltd (ZEEL) will have four key business segments — broadcast, digital, movies and music, a PTI report from New Delhi stated.

Punit’s brother Amit Goenka, who currently heads the digital business has been given additional charge of the international broadcast, enterprise technology, broadcast operations and engineering. He will also take direct charge of original content, including movies, the company said in a statement.

In the domestic broadcast business, Siju Prabhakaran, who has led the South cluster of channels, will take additional responsibility of the West cluster.

Similarly, Samrat Ghosh, head of East cluster of channels, will take additional responsibility of North and Premium clusters.

Ruchir Tiwari will continue to lead the Hindi Movies cluster, while Vishnu Shankar will continue to lead ‘&TV’ and the free to air segment, the company said, adding they would directly report into the MD and CEO.

Further, the company said Ashish Sehgal will be responsible for ‘Integrated Advertisement Sales’ for the broadcast and digital businesses. For the digital business revenue, Sehgal will also report into Amit Goenka and for the broadcast business revenue he will continue to report into the MD & CEO, the PTI report added.

Umesh Bansal will lead the Movies business, while Anurag Bedi will continue to lead the Music business, ZEEL said, adding both will report into Punit.

“The Board has reviewed and approved the lean organisation structure proposed by the MD & CEO, which aims at streamlining the organisation and improving efficiencies across the business,” ZEEL Chairman R Gopalan said.

Punit Goenka said the new structure encompasses a more resilient team for the organization to ensure agility and collaboration in line with its approach towards maintaining a sharp focus on profitability.

“Through this restructuring exercise, our aim has been to build an independent and enterprising team led by an experienced set of leaders to drive the Company forward,” he said.

Earlier this month, ZEEL had initiated a process of rationalisation of workforce by 15 per cent to prune staff strength across the company. Punit had also a 20 per cent cut in his remuneration in line with the larger strategic and frugal approach implemented across the organisation.


Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Our Events

  • img
    SatCab Symposium

    SatCab symposium organized by Aavishkar Media Group is an annual event. It's a well-informed event where we have a panel discussion on the current affairs and future forecasting on our industry.

  • img
    BCS
    Ratna Awards

    BCS Ratna Award organized by Aavishkar Media Group is an annual event. In this award function, a community of our industry is honored by receiving the award for the contribution of their work.

  • img
    Chetna Yatra

    Chetna Yatra organized by Aavishkar Media Group is an annual event. Held by Dr. AK Rastogi, Chairman of Aavishkar Media Group. Pilgrimage India in his car for connecting the people of our industry.

  • img
    Imaan India Sammaan

    Imaan India Samman is an event mobilized by Aavishkar Media Group, which was launched in 2012. Giving the award to the NGOs for giving their contribution to society.

Youtube Videos