Zee CEO Punit Goenka acquires majority stake in Maverick Media for expanding single-screen cinemas in India's Tier 2 & 3 cities.

Zee Entertainment CEO, Punit Goenka, has personally acquired a majority stake in single-screen theatre company Maverick Media. The aim is to expand single-screen cinemas in under-screened markets, particularly Tier 2 and Tier 3 cities in India. Goenka believes this investment will help revive single-screen cinemas, preserving their cultural essence, and improve family viewing experiences.

June 24, 2024
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