Punit Goenka


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ZEEL's Punit Goenka on Oppenheimer transaction, strategic investor, additional stake sale

Zee Entertainment Enterprises Ltd (ZEEL) on Wednesday announced what much of the media and entertainment as well as the investor ecosystem had been waiting to hear for a while. ZEEL reached an agreement with US-based Invesco Oppenheimer Developing Markets Fund for 11 per cent (around Rs 400 per...

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ZEE Entertainment to sell up to 11% promoters' stake to Invesco Oppenheimer Fund for Rs 4,224 crore

MUMBAI: Essel Group, on Wednesday, announced that Invesco Oppenheimer Developing Markets Fund has agreed to make an additional investment in ZEE Entertainment Enterprises Ltd. (ZEEL). Oppenheimer Fund has agreed to buy up to an 11% stake in ZEEL from its promoters, for a total consideration value...

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New tariff order helped ZEEL's strong domestic subscription revenue growth in Q1 FY20

Zee Entertainment Enterprises Ltd (ZEEL) experienced strong growth in domestic subscription revenue in the first quarter of FY 2020 where the new tariff order played an important role. The leading broadcaster has guided for domestic subscription revenue for the overall year to grow in mid-twenties.

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ZEEL's Punit Goenka says ZEE5 to see peak investment in FY 20

MUMBAI: Zee Entertainment Enterprises Ltd’s (ZEEL) digital venture touched 76.4 million monthly active users (MAU) in the first quarter of FY20 making the media conglomerate more bullish on its new bet. While the over-the-top (OTT) platform is coming up with a number of original shows in different...

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ZEEL reports 13.3% YoY growth in total revenue for Q1 FY20

Zee Entertainment Enterprises Ltd (ZEEL) has reported 13.3 per cent YoY growth in total revenue at Rs 20,081 million. The company mentioned domestic broadcast and digital business as the growth driver for strong performance.

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