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Media & Entertainment

Zee gets chance to retool as foreign funds take equity control

Stake sale by broadcaster highlights growth of digital video streaming in India

Punit Goenka, son of the founder, will continue as managing director of Zee.   © Reuters

MUMBAI (NewsRise) -- The investment by foreign funds could strengthen corporate governance at Zee Entertainment Enterprises and allow it to focus on growth as it competes with the likes of Google's YouTube, Walt Disney-backed Hotstar and Netflix in one of the hottest areas in the Indian media and entertainment scene.

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