Industry - Indian Broadcasting World

Kirit C Mehta founder of Aastha channel passes away

Kirit C Mehta, the visionary founder of the Aastha channel and Enrich TV, passed away on Saturday. Kirit C Mehta, known for his unwavering dedication to promoting spiritual values through media, founded Aastha channel with a vision to connect people with...

Zee Ent revenue setup rejigged; Biz prez Rahul Johri quits

Zee Entertainment Enterprise Ltd on Saturday announced the resignation of Rahul Johri and changes in the revenue vertical of the broadcast business implemented by its MD & CEO Punit Goenka.

J...

Former Prasar Bharati CEO sheds light on AI & marketing

In a keynote address at the annual flagship summit on Branding and Marketing, hosted by ASSOCHAM, former CEO of Prasar Bharati Shashi Shekhar Vempati outlined the transformative impact of artificial intelligence (AI) and automatio...

Delhi court orders Bloomberg to remove Zee article

A city court on Friday directed Bloomberg Television Production Services India Pvt. Ltd. (Bloomberg) to remove a news article published against media major ZEE Entertainment Enterprises Ltd (ZEEL) from its online platform, IANS reported. A court of Additio...

Sony withdraws merger agreement from NCLT: Bloomberg

Sony Group Corp. is said to have withdrawn the agreement to merge its India operations with Zee Entertainment Enterprises Ltd. from a local company court, taking the final step in scrapping a two-year-old plan that sought to create a $10 billion media giant. ...

Viacom18, Disney India merger to create $ 8.5bn entity; Uday Shankar to be vice chair

Reliance Industries Ltd and The Walt Disney Company yesterday formally announced a decision to merge their Indian television and streaming assets that would, subject to regulatory approvals, create an entertainment behemoth valued at US$ 8.5 billion. Disney will provide content licenses to the joint venture.

EXCLUSIVE PHOTOS

Quote-UnQuote

“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!