Zee Chief Punit Goenka Unpacks Sony Merger Deal, Streaming Growth, IPL Bid Plans – APOS India

Punit Goenka, MD and CEO of India’s Zee Entertainment Enterprises Limited, has shed light on the proposed merger with Sony Pictures Networks India. Delivering the keynote address at media conference APOS India, Goenka revealed that the merger is in the “final stages of stitching up.” “I certainly believe that consolidation is going to benefit the industry overall,” said Goenka. “Zee and Sony will form the largest media entertainment player in the country. Our revenues on a standalone basis combined will be close to $2 billion, and the capital growth that Sony is going to infuse in the merge entity will… Read Full Article