Zee Business head Nitin Vaidyaquits-his ideas pg2

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Nitin Vaidya quits Zee

Indiantelevision.com Team

(11 October 2010 3:40 pm)

MUMBAI: After a successful stint of over a decade, Zee Entertainment Enterprise Ltd (Zeel) COO and business head Zee TV Nitin Vaidya has quit the company.

Zee will not be seeking an immediate replacement for Vaidya's role and his direct reports will, henceforth, be reporting into Zeel managing direct Punit Goenka.

Vaidya, who led Zee's forays into regional space and later flagship Hindi channel Zee TV, has expressed his desire to explore new vistas.

Vaidya said, "It's been over 10 glorious years with the Zee family which I shall always cherish. Zee gave me the opportunity to broaden my horizon and explore diversified functions. I am extremely thankful to the management who have always supported and backed my decisions."

Vaidya's tenure at Zee Group comprises many landmarks, including launching and later establishing Zee Marathi as number one channel and setting new benchmarks. He then successfully launched Zee Talkies as an exclusive cinema channel, which was unique for the Marathi genre. He also helped set up the film production and distribution business in Marathi, which rewrote business paradigms and proved to be an unprecedented success.

Vaidya further established Zee Bangla as a formidable force in the minds of viewers in Bengal. The flagship channel, Zee TV, resurrected and achieved its past glory under Vaidya as COO of national channels.

Goenka said, "The Zee family will always remember Nitin for his adroit understanding of viewer's mind and penetrating insight into content and programming. The entire Zee family wishes Nitin all success in his new endeavors."

Same article also in Economic Times.

http://economictimes.indiatimes.com/news/news-by-company/corporate-announcement/Nitin-Vaidya-quits-Zee/articleshow/6730800.cms