Why is Zee plunging?

Nothing seems to be going right for Zee. It has slipped to the fourth slot in the entertainment list two weeks ago. This has been the state since a year due to confused programming, according to industry analysts.
It had a decent bouquet of prime time shows — Agle Janam, Jhansi Ki Rani, Aap Ki Antara, Pavitra Rishta and Chhoti Bahu focusing on traditional values. Piya Ka Ghar, Sindoor, Saath Phere, Betiyaan and Maayka had resurrected Zee from its worst lows and they hoped the next crop of shows would keep the momentum going. But the channel seems to have lost the plot.
If it hadn't been for Pavitra Rishta, it would've fallen further. Its recent 'brand refresh' proves to be more of a corporate exercise. Zee's new brand slogan, 'Umeed Se Saje Zindagi' is not being reflected in its content.