<p>New Delhi: <a href="https://www.deccanherald.com/tags/punit-goenka">Punit Goenka</a>, the MD and CEO of <a href="https://www.deccanherald.com/tags/zee-entertainment">Zee Entertainment</a>, has acquired a majority stake in Maverick Media, in his personal capacity for an undisclosed amount.</p>.<p>Promoted by Vistaar Entertainment, Maverick Media is focused on the large single-screen cinema across the country.</p>.SC reverses trial court order against Bloomberg in Zee Entertainment defamation case.<p>"Goenka has made the investment in his personal capacity, to revive and enrich the single-screen experience for cinema viewers and fans across the country," said a statement issued from his office adding it "has no bearing on the company that he leads." </p>.<p>The investment will enable Maverick Media to unlock the potential of under-screened markets across the country, by building single-screen theatres in tier II and tier III cities, it added.</p>.<p>Commenting on the development, Goenka said the potential of single-screen cinemas across several tier II & III cities is immense, and it is imperative to revive this infrastructure.</p>.<p>"This step enables an economically viable opportunity for cinema exhibition operators across key growth markets in the country," he said. </p>
<p>New Delhi: <a href="https://www.deccanherald.com/tags/punit-goenka">Punit Goenka</a>, the MD and CEO of <a href="https://www.deccanherald.com/tags/zee-entertainment">Zee Entertainment</a>, has acquired a majority stake in Maverick Media, in his personal capacity for an undisclosed amount.</p>.<p>Promoted by Vistaar Entertainment, Maverick Media is focused on the large single-screen cinema across the country.</p>.SC reverses trial court order against Bloomberg in Zee Entertainment defamation case.<p>"Goenka has made the investment in his personal capacity, to revive and enrich the single-screen experience for cinema viewers and fans across the country," said a statement issued from his office adding it "has no bearing on the company that he leads." </p>.<p>The investment will enable Maverick Media to unlock the potential of under-screened markets across the country, by building single-screen theatres in tier II and tier III cities, it added.</p>.<p>Commenting on the development, Goenka said the potential of single-screen cinemas across several tier II & III cities is immense, and it is imperative to revive this infrastructure.</p>.<p>"This step enables an economically viable opportunity for cinema exhibition operators across key growth markets in the country," he said. </p>