Aim to register 25% subscription revenue growth in FY20: Punit Goenka, Zee Ent
  • WebDesk BTVI
  • Jul 24 2019

Punit Goenka, CEO of Zee Entertainment, while giving an overview of Q1 earnings, says domestic subscription revenue grew 47%, and adds that the aim is to register 25%+ subscription revenue growth for FY20. He says another aim is to beat industry ad revenue growth this fiscal. He expects slowdown to fade, and auto, consumption and FMCG sectors to improve. He says the firm has received one binding offer for stake sale, and is expecting another offer, and adds that announcement will be made soon.