Zee embarks on new phase after Sony merger collapse

Zee Entertainment will look to turn over a new leaf following its failed merger with the Sony Group Corporation’s Indian unit, Zee MD & CEO Punit Goenka said in an earnings’ call on Tuesday.

Addressing investors, Goenka laid out three strategic pillars — frugality and fiscal prudence, resource optimisation and a sharp focus on quality content — as the way forward to drive growth as a standalone entity. The aim, he said, is 18-20% earnings before interest tax depreciation and amortisation (Ebitda) margins and 8-10% revenue growth by FY26.