Telecom Deal Renewal Delay Drags Zee5 Revenues
Zee5, the over-the-top (OTT) streaming platform recorded a dip in quarter-on-quarter (QoQ) revenues due to the delay in the renewal of a telecom deal. The development was shared by Punit Goenka, the managing director of Zee Entertainment Enterprises in the fourth quarter earnings call on May 20, 2021. Goenka said that the renewal of the telecom deal has been “pending” since the third quarter of the previous year and that... Read More