Aage Ka Plan Kya Hai?
Is appointment ke peeche ka reason simple hai – company apni ad revenue ko zabardast boost dena chahti hai. Industry ke veteran Sandeep Mehrotra, jinke paas 30 saal ka media sales experience hai, unhe 3 February, 2026 se COO – Advertisement Revenue banaya gaya hai. Unka kaam hoga linear TV aur ZEE5 jaise digital platforms ko align karke zyada se zyada ad spend attract karna. CEO Punit Goenka bhi yahi chahte hain ki monetization platform-agnostic ho. Laxmi Shetty bhi unke saath kaam karengi.
Financials Ka Scene Kya Hai?
Dekho, company ka Q3 FY26 ka result aaya tha, jisme net profit 5.1% gir kar ₹155.3 crore ho gaya, haalanki revenue 15% badha tha. Digital revenue toh achha perform kar raha hai, par FMCG ads mein thodi kami aur movie rights par zyada kharch ne profit margin par asar dala hai. Isliye, FY26 mein ad revenue growth 8-10% rakhne ka target hai.
Market Ka Competition Aur Future
Indian media aur entertainment industry next few saalon mein bohot grow karne wali hai, lagbhag ₹3.65 trillion tak 2028 tak (CAGR 8.3%). Isme ad revenue ka share bhi ₹1.58 trillion tak pahunchega FY28 tak (CAGR 9.4%), jisme digital ads sabse aage rahenge. Zee Entertainment ka muqabla Disney Star, Viacom18, aur Sony jaise bade players se hai. JioCinema ne toh IPL ko free karke digital ads mein ek naya game shuru kar diya hai. ZEE5 ko bhi global players se takkar leni pad rahi hai. Mehrotra ka role isi liye important hai ki company sabhi platforms par ad budget ka bada hissa jeet sake.
Past Ki Challenges Aur Nayi Umeed
Zee Entertainment ne pichle kuch time mein kaafi ups and downs dekhe hain, jaise Sony ke saath deal ka cancel hona aur CEO ke reappointment par shareholder votes. Stock price bhi gira hai. Company ki market cap abhi around ₹8,100 crore hai aur TTM P/E ratio 13.88-14.35x ke aas-paas hai. Debt kam hai, jo achhi baat hai. Haan, ₹1.20 billion ke tax notices bhi aaye hain, par company promoters ko convertible warrants issue karke apna capital strong karne ki koshish kar rahi hai. Yeh naya ad revenue chief ka appointment unki future growth strategy ka ek important hissa hai.