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Zee Entertainment: Weak performance, ad spend recovery delayed

Nitin Sharma   •

ZEEL may see a pickup in recovery in the second half of this year, with the festival season, and a gradual recovery in linear TV subscription revenue.

Zee Entertainment's Q1FY24 performance turned out to be weaker than expected on tepid linear TV ad spend, lower Zee5 revenue and bigger losses.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More