Zee Entertainment reports Q1 revenue down 14% YoY to ~$214.24M, ad revenue down 17%, net profit up 22%, and Zee5 revenue up 30%; Zee's shares closed down 5.7% (Aleef Jahan/Reuters)
Aleef Jahan / Reuters:
Zee Entertainment reports Q1 revenue down 14% YoY to ~$214.24M, ad revenue down 17%, net profit up 22%, and Zee5 revenue up 30%; Zee’s shares closed down 5.7% — India’s Zee Entertainment Enterprises (ZEE.NS) reported a 14% drop in first-quarter revenue on Tuesday, as the broadcaster was hurt …