Indian media company Zee Entertainment Enterprises will close down its German channel Zee.One at the end of May 2020.
The channel’s head Friederike Behrends announced the decision in a letter to business partners, reports German industry magazine DWDL.
Mukund Cairae, COO International Business of parent company Zee Entertainment Enterprises and thus also responsible for Zee.One, confirmed the withdrawal from the German market.
The effects of the Coronavirus are the reason for the closure of the ad-supported free-TV channel, he told the magazine. “In view of unresolvable challenges and increasing losses, we can no longer subsidise the company.”
Zee.One launched on July 29, 2016, for fans of Indian series and movies. The channel quickly gained nationwide coverage via cable, satellite, IPTV and OTT platforms.
—Broadband TV News