Zee Entertainment’s quarterly profit fell 38% to 478 million rupees as FIFA World Cup broadcasting, expanded programming and other investments lifted expenses. Subscription revenue rose 30%, but flat advertising revenue and higher costs reduced core margins.
Zee Entertainment’s quarterly profit fell 38% to 478 million rupees as FIFA World Cup broadcasting, expanded programming and other investments lifted expenses. Subscription revenue rose 30%, but flat advertising revenue and higher costs reduced core margins. by Soban News (international And National News)