2 weeks ago
WION set for global expansion: Zee Media CEO Raktim Das
Zee Media is a company that runs news channels on TV.
The company's boss, Raktim Das, talked about his plans for the future.
He wants to make WION, a global news channel, bigger in India and other countries.
WION is turning ten years old.
The company is also giving a fresh start to Zee Bharat, a channel for young people.
Zee Bharat will stream around the clock on phones and the internet.
The company earned more money this quarter than it did last quarter.
It wants to earn money in new ways instead of only selling TV advertisements.
It is also using artificial intelligence to help make news faster.
The company says it is ready for its next phase of growth.
Zee Media Corporation CEO Raktim Das outlined a growth roadmap centered on WION's expansion, Zee Bharat's relaunch, technology-led transformation, and revenue diversification.
Quarterly revenue rose around 20% sequentially to ₹191 crore, while EBITDA swung from an ₹11 crore loss to a ₹16 crore profit.
WION, India's global news channel celebrating its 10th anniversary, is set to expand across domestic and international markets.
Zee Bharat is being relaunched as a youth-focused, digital-first 24/7 streaming brand with a content mix of 30% news and 70% non-news.
Fundraising proceeds will be directed toward in-house technology development and content acquisition, including an AI-driven 'Digital Brain' initiative.
- Who
- Raktim Das, CEO of Zee Media Corporation, in conversation with Zee Business Managing Editor Anil Singhvi.
- What
- A growth roadmap covering WION's global expansion, Zee Bharat's relaunch as a youth-focused digital brand, technology-led newsroom transformation, and revenue diversification.
- Where
- India, with WION expansion planned across domestic and international markets.
- When
- The company's most recent quarter showed sequential improvement; WION is marking its 10th anniversary (specific dates not stated in the article).
- Why
- To achieve sustainable and robust growth, reduce dependence on advertising, and engage younger audiences across digital platforms.
Key facts
- Company
- Zee Media Corporation
- CEO
- Raktim Das
- Quarterly revenue
- ₹191 crore, up ~20% quarter-on-quarter
- EBITDA
- ₹16 crore profit (from ₹11 crore loss), margin ~8.5%
- Net loss
- Narrowed from ₹26 crore to ₹12 crore
- WION milestone
- 10th anniversary; expanding in domestic and international markets
- Zee Bharat content mix
- 30% news, 70% non-news
- Fundraising use
- In-house technology development and content acquisition
Quotes
Raktim Das
CEO of Zee Media Corporation
“"Our larger vision is to create a \"Digital Brain\" (intelligence warehouse) for the entire news ecosystem, leveraging an organization’s past and present knowledge base to deliver accurate and better content."”
wionews.com
“"We have adopted an omni‑channel news brand strategy. Whether viewers are on a TV screen, mobile screen, or any other medium, we want to remain relevant at every touchpoint."”
wionews.com
Sources
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