Z doubles down on content with ₹116 crore bet on PhantomFX
Zee Entertainment Enterprises Ltd. has announced a strategic investment of ₹116 crore in Phantom Digital Effects Ltd. (PhantomFX), signalling a stronger push into the high-growth AVGC (Animation, Visual Effects, Gaming and Comics) space. The investment will be made through compulsorily convertible debentures in one or more tranches, subject to regulatory and shareholder approvals. With this … Read more