News - Indian Broadcasting World

Sony ekes out 1% Q2 profit rise as PS5 costs squeeze margins

Japan's Sony Group Corp on Thursday squeezed out a surprise one percent rise in operating profit for its second quarter though costs from growing sales of its PlayStation 5 (PS5) console pressed on margins.

Reliance Entertainment CEO to buy Anil Ambani film studio

Bollywood ace filmmaker and CEO of Reliance Entertainment Pvt Ltd, Shibasish Sarkar, who has helmed 'Udta Punjab', 'Naam Shabana', and TV shows like 'Kaun Banega Crorepati' is in t...

WhatsApp chat can now be transferred from iOS to Android

American tech giant Google announced on Tuesday that users can now transfer their WhatsApp chat history from an iPhone to an Android 12 phone.

As per ANI, Google said that making this work wasn't trivial. On Android 12, users can transfer ...

Trump to launch video streaming service

Former American President Donald Trump, a trenchant critic of the media, is now wading into the world of video streaming services and, potentially, web services and payment processing as well, Newsweek and Reuters report...

Discovery appoints Anil Jhingan as President & MD, APAC

American pay television network and flagship channel Discovery on Wednesday announced Anil Jhingan as its new president and managing director of Asia Pacific. He will be based in London and report to JB Perrette, president and CEO of Discovery str...

Bombay HC gives Zee relief from Invesco’s EGM notice

The Bombay High Court on Tuesday temporarily restrained Zee Entertainment Enterprises' top investor Invesco from calling a shareholder meeting, in a win for the TV network even as the media company, founded by Subhash Chandra almost 29 years back, also cancelled a board meeting slated to be held later this week.

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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!