Expanding its avenue in Africa, Zee Entertainment announced the launch of two new channels - Zee Bollymovies and Zee Bollynova - which will broadcast on Africa's Kwes TV. In a statement the company said that the launch of two new channels, Zee Bollymovies and Zee Bollynova, which will broadcast on Africa's new pay-TV network Kwes TV. This update hit the market on 29th January 2017. The two previously launched, specially customised channels, Zee World and Zee Magic, have been warmly received by viewers, resulting in a three-fold increase in the viewership since its entry into the continent in 2015. This has encouraged the company to introduce two new channels, said ZEEL CEO International Broadcast Business, Amit Goenka said. Both the channels are customised and dubbed in English with content adapted to suit the African viewer. Zee Africa had earlier launched Zee World in February of the year 2015, followed by Zee Magic in October 2015 both of which are premium, fully dubbed English and French channels respectively. Zee Entertainment Enterprises Ltd. (ZEEL) is an Indian media and entertainment company based in Mumbai, Maharashtra, India. It is a subsidiary of the Essel Group. The company's founder as well as managing director is Mr Subhash Chandra and its current CEO, Mufaddal Kaizar. The Company has about 35 channels serving Indian content across India and 169 countries, with the latest being World is One News. Zee Entertainment share price is trading at Rs 504.65, up by 3.17 per cent or 15.50 points. A total of 9,47,229 shares of the company have been traded on the counter of NSE for a total traded value of Rs 4,686.51 lacs. The intraday high is Rs 505.90 and the intraday low is Rs 487.40. Get the historical share price performance of the share at Zee Entertainment share price history.
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