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Zee Music Company
Indian music company From Wikipedia, the free encyclopedia
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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]
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History
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 Zee 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]
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]
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Controversy
Sonu Nigam alleged that he was banned by the Zee Network after he tweeted in support of politician Kumar Vishwas.[8][9][10]
References
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