Zee Entertainment Enterprises MD & CEO Punit Goenka has taken the first step to streamline the organisation by implementing strategic changes in the revenue vertical of the broadcast business. Under this new structure, Goenka will be directly working with the revenue teams. Ashish Sehgal, the company’s chief growth officer for ad revenue.
Zomato-owned quick-commerce platform, Blinkit, experienced a significant increase in ad revenue during the December quarter. While the exact figures were not disclosed, the growth outpaced the year-on-year increase in gross order value. Albinder Dhindsa, CEO of Blinkit, emphasized the potential of quick-commerce advertising and the importance of linking ad impressions to actual sales. This trend aligns with the increasing reliance on advertising revenue among food-delivery and quick-commerce platforms in India.
South Africa’s Competition Commission will investigate whether digital platforms like Meta and Google were unfairly competing with news publishers by using their content to generate ad revenue. The inquiry comes at a critical moment for the media industry as news consumption rapidly shifts online and traditional sources of funding decline. The investigation will examine market features, bargaining power imbalances, and the need to promote diversity in news and public interest journalism.
