Industry - Indian Broadcasting World

Reliance admits was in talks earlier with Zee for merger; denies hostile takeover bid

In the season of statements, the latest one has come from billionaire Mukesh Ambani’s Reliance Industries Ltd. (RIL), followed by another one from Invesco that owns around 18 percent of Zee Entertainment.

Reliance on Wednesday admitted, earlier in the year, it was in fact in talks wi...

Zee accuses Invesco for hypocrisy

India's Zee Entertainment on Tuesday said top shareholder Invesco's opposition to a proposed merger of the TV network with Sony's India unit is hypocritical because the U.S. investment firm pitched a deal with similar terms earlier this year. Invesco's "stance... runs contrary to the very deal Invesco was proposing itself a few months ago," Z...

Disney’s studio biz boss Alan Horn set to retire

Walt Disney Co.'s Alan Horn, who turned the company's studio business into a media powerhouse and oversaw blockbusters such as "Avengers:Endgame"and "Black Panther", is retiring at the end of the year after nearly a decade.

A former U.S Air Force captain, Horn joine...

ICC partners with Sportsradar for data, streaming rights

The International Cricket Council (ICC) has announced a global partnership with Sportsradar, making them the official data distribution and official live streaming partner of the ICC. The agreement sees the platform cover 275 top-tier matches including eight of the men’s and women’s tournaments, starting this month with the ICC Men’s T20 Worl...

Dr. L Murugan inaugurates Prasar Bharati Auditorium in Srinagar

Union Minister of State for Information and Broadcasting Dr. L Murugan on Monday inaugurated Prasar Bharati Auditorium at All India Radio Srinagar. As per the press release, the capacity of the auditorium is more than 170 seats and is equi...

Delhi HC starts process to frame rules for IPR cases

The Delhi High Court has started a process to frame the rules for cases relating to intellectual property rights as the Indian Government shuttered the

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“This initiative will empower subscribers to pay online and subscribe to the channels they want to watch and get it activated on their TV sets in real-time without any delay. Without needing to undertake any software development, LMOs can approach Mobiezy for their pre-built and pre-integrated solution that uses NXTDigital’s news APIs and can be up and running with their own mobile apps within just a few days.”

RU Ediriwira, Group CTO, NXTDigital Limited

“With the launch of Partnership for Growth 3.0 we intend to expand our network with 40 new NXTHUBs, each offering up to 650 live TV channels and broadband. Our efforts are focused on harnessing the convergence of technologies, developing robust apps and creating new business models that will help the overall ecosystem, delivering the best experience to our subscribers. We hope to achieve a stronger foothold in the rural regions of the country and grow our subscriber base.”

N.K. Rouse, COO, NXT Digital Ltd

“One of the key principles of the Hinduja Group is ‘Partnership for Growth’. After 2.0 saw the launch of HITS to connect LMOs in even the most remote locations through the only satellite-based cable TV platform in India; 3.0 focuses not just on strengthening the overall ecosystem we have built, but harnessing the convergence of technologies – to be delivered through a national network of NXTHUBs. Video and broadband are only the beginning of the digital highway of services that we have developed for roll-out backed by a robust suite of innovative apps developed by service providers exclusively for our LMOs and subscribers.”

Vynsley Fernandes, MD & CEO, NXTDigital Limited

“Wireline broadband is becoming ever more important not only in connecting homes across the country but also small to large enterprises-to the digital economy. The NXTHUBs will be the perfect point-of-presence to offer broadband services to cater to these consumer needs.”

Yugal Kishore Sharma CEO, ONEOTT Intertainment Limited

Amazing and grim battle for survival. Guess it will end up in Supreme Court. All that NCLT asked Zee to do was to file a reply to Invesco petition for a EGM. Now this is getting too serious. So far Invesco has been hammered for demanding an EGM. What is Zee upto? Ofcourse my lawyer community knows better!