Bennett Coleman's entertainment channel Zoom today said it expects to clock a revenue of Rs 90-100 crore by July this year, despite the economic slowdown, which has led to trimming of advertising budgets globally.
"Though the ad revenues have been hit, it is still growing. We expect to see revenues of Rs 90-100 crore in the current fiscal (August-July)," Zoom Entertainment Network Head Marketing Kunal Mukherjee told PTI.
This is against Rs 60-70 crore revenue registered last fiscal, he said adding that the company's fiscal year is from August to July.
Zoom continues to remain bullish on the Indian market and plans to launch 1-2 new shows each month.
"We are more precautionary than jumping to conclusions that the industry has been hit. We are seeing growth though lower as compared to last year but there is growth," he said.
"We have launched five-six shows in this fiscal and plan to launch 1-2 shows every month," he added.