Zee Broadcasting Corp Investmentslundentechcrunch. and Zee TV, the two regional cable channels with regional programming in Israel, have agreed to launch a joint venture, zee-tv.net and zee-bbc.co., with a core media group for local programming in Northern Israel. The two channels will merge into a single entity called Zee Israel Television (Zee TV). The transaction is expected to be completed by the end of 2017.

Zee TV and Zee Israel Television will merge

The merger of Zee TV and Zee Israel Television will create a single regional television platform with regional programming in Northern and Southern Israel, as well as a unique digital platform. The new company will include the regional channels Zee TV, Zee Israel TV and associated content, as well as the integrated product lines of Zee TV, Zee Israel Television and associated content, along with key objectives and goals of the merger.

Zee-CCTV, the local cable channel and online media player

The new company will operate as a joint venture between Zee TV and CCCTV, the local cable channel in Northern and Southern Israel with a core focus on local news, current events and culture. CCCTV will remain as the main television source for the merged company.

The integrated product line of Zee TV, Zee Israel Television and associated content

The new combined company will offer a range of integrated products, including a range of digital content, including TV shows, documentaries and feature-length user-generated content; a range of on-demand video services, including YouTube Red, Kobo, Vudu, and others; a mobile app that allows viewers to manage their subscription, sell and purchase products; and a digital media library with over 100,000 titles including music and video, as well as thousands more in between.

Partnerships with leading brands in print, digital and digital audio

The new company will partner with leading brands in print, digital and digital media, including the Maariv newspaper in Northern Israel and Yediot Desolat in Southern Israel; the Business Times of Israel in Jerusalem; Walla, a weekly magazine in the West Bank city of Haifa; and others.

Limited time-slot availability for the integrated product line

The new company will offer limited time-slot availability for the integrated product line, as well as for ancillary services such as real-time updates, on-demand video services, and mobile app, in the aftermath of the merger.

Key objectives of the merger:

To increase the prominence and impact of the existing company by capitalizing on its international reach and massive scale To further strengthen the Zee TV brand by capitalizing on its rich cultural and news content To create a unique digital platform that will deliver an array of digital content, including TV shows, documentaries, news and advertising-based programming

IIoT Service Provider Access in Southern Europe

In addition to providing content, the new company will also seek to expand its operational reach in Southern Europe, particularly in the country’s largest city, Florence, in Italy.

Content Selection Through Content IDs

The new company will offer ancillary services in addition to the unique digital media collection. These will include video and image Mannings, a social media and news development company; Beat the Solar Impala, a phenomenon on YouTube, racking up more than 3 million views in just a few months; and a range of other popular content types.

Conclusion

The merger of Zee TV and Zee Israel Television will create a single regional television platform with regional programming in Northern and Southern Israel, as well as a unique digital platform. The new company will include the regional channels Zee TV, Zee Israel TV and associated content, as well as the integrated product lines of Zee TV, Zee Israel Television and associated content, along with key objectives and goals of the merger. The transaction is expected to be completed by the end of 2017.