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Punit Goenka confident about ZEE's growth amid legal and industry challenges


Published on 2024-11-28 11:24:27 - Michael Jones, N@N
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  • While television remains the largest contributor to both revenue and margin, Goenka stated that digital and music businesses are poised for faster growth

Punit Goenka, the CEO of Zee Entertainment Enterprises Ltd (ZEEL), expressed confidence in the company's growth trajectory despite facing legal and industry challenges. In an interview with Mint, Goenka highlighted ZEEL's focus on enhancing its content offerings and expanding its digital platform, ZEE5, to capture a larger audience. He discussed the ongoing merger talks with Sony Pictures Networks India, which he believes will create a stronger entity capable of competing globally. Goenka also addressed the regulatory scrutiny and legal battles, including issues with creditors and the Securities and Exchange Board of India (SEBI), asserting that these challenges are being managed effectively to ensure the company's stability and growth. He emphasized ZEEL's commitment to innovation, quality content, and strategic partnerships to navigate through the competitive media landscape.

Read the Full Mint Article at [ https://www.livemint.com/companies/news/punit-goenka-confident-about-zee-s-growth-amid-legal-and-industry-challenges-zee5-11732795895517.html ]