Poging GOUD - Vrij
ZEE plans cost cuts, synergies in journey after failed merger
Mint Mumbai
|February 14, 2024
Media and entertainment company Zee Entertainment Enterprises Ltd (ZEE) is charting a three-pronged approach to costs, reducing overlaps between businesses, and enhancing quality to regain margins after its merger with Sony Pictures Entertainment collapsed, MD and CEO Punit Goenka said in an earnings call on Tuesday.
"Going forward, there will be a sharper emphasis on frugality, with a crystal-clear focus on quality and output. Across verticals including technology,content and marketing-we are implementing steps to optimise spends and enhance the return on investments. A sound recalibration of the OTT cost structure wi
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