Zee Music Company
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| Industry | Music & Entertainment |
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| Founded | March 31, 2014[1] |
| Headquarters | |
Key people |
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| Services | Music & Entertainment |
| Owner | Zee Entertainment Enterprises |
| Zee Music Company | |||||||||||||||||||
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| Years active | 2013-present | ||||||||||||||||||
| Subscribers | 111 million[2] | ||||||||||||||||||
| Total views | 70.3 billion[2] | ||||||||||||||||||
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Last updated: October 20, 2024 | |||||||||||||||||||
Zee Music Co. (ZMC) is an Indian music company, a subsidiary of Zee Entertainment Enterprises.[3] It carries its business activities mainly from New Delhi. The company has captured a major chunk of market share in Bollywood music in a short span of time.[4]
History
[edit]Zee Entertainment Enterprises had originally ventured into music distribution with Zee Records. Its first movie was Gadar: Ek Prem Katha. Later Zee Records Home Video was established. During the launch of the company in 2014, Punit Goenka, CEO and Managing Director of Mahi's Music Company, the parent company of Zee Music Company said- " the music industry is a large playing field and there is scope to explore the opportunity in this market. Technology has also emerged as a key transformer of the music industry and digital revenues are driving growth in the market. Since we are a content company, it is essential to own intellectual property as content is the king."[5]
Since then, it has entered stiff competition against T-Series. The journey began with Hawaa Hawaai and since then, it has extended itself to various reprise and acoustic cover versions of its own songs. Some of its most successful music rights deals include those with Fox Star Studios, UTV Software Communications, Balaji Motion Pictures, Excel Entertainment, Viacom 18 Motion Pictures and Bhansali Productions.
In 2018, Zee Music Company and another music label Sony Music India decided to have negotiations of merging companies still by the name of Zee Music Company. They would take the rights of half of the Dharma Productions and other studios' movie music rights.
In 2022, Zee Music Company terminated its licensing contract with music streaming service Gaana, thus making affected albums unavailable for streaming. On 21 March 2023, all albums distributed by Zee Music Company were removed from Spotify after negotiations for renewal of their licensing agreements failed.[6][7]
Controversy
[edit]Sonu Nigam alleged that he was banned by the Zee Network after he tweeted in support of politician Kumar Vishwas.[8][9][10]
References
[edit]- ^ "ZEEL launches its new music label 'Zee Music Company'". DNA India. 31 March 2014. Retrieved 31 March 2014.
- ^ a b "About zeemusiccompany". YouTube.
- ^ "How a cruise business landed Zee's Subhash Chandra in uncharted waters". Newslaundry. Retrieved 24 January 2021.
- ^ "Zee Music, the 2nd-most subscribed Indian music channel on YouTube, plans to release 1,000 songs in 2020". The Financial Express. 17 May 2020. Retrieved 24 January 2021.
- ^ "Zeel forays into the music label space with Zee Music Company". Retrieved 19 April 2017.
- ^ "Spotify removes Zee Music songs owing to licensing dispute". The Hindu. 22 March 2023. Retrieved 13 June 2023.
- ^ "Spotify removes Bollywood songs after renewal of licensing agreement fails". Hindustan Times. 21 March 2023. Retrieved 13 June 2023.
- ^ "ABP Live - English News, Today's Latest Breaking News in English, Online English News". Archived from the original on 1 May 2015. Retrieved 29 April 2015.
- ^ "News18.com: CNN News18 Latest News, Breaking News India, Current News Headlines". Ibnlive.in.com. Archived from the original on 1 May 2015. Retrieved 16 July 2017.
- ^ "Sonu Nigam accuses music company of announcing ban on him". India Today. 29 April 2015. Retrieved 8 October 2018.
