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Sun TV: core business valuation play

By Elara Caps Sun TV (SUNTV IN) posted strong revenue growth including IPL of 47.4 percent YoY, up 43.3 percent QoQ and up 8 percent vs pre-COVID levels to INR 11,393mn, better than our estimates of INR 9,977mn, led by healthy advertising revenue, which grew 40.8 percent YoY to INR 3,432mn, up 2 percent QoQ & dow...

Zee: Merger with Sony to drive valuation upgrade

By Elara Caps Zee Entertainment (Z IN) reported revenue of INR 18,457mn, up 4 percent YoY, on low base, and down 20.5 percent QoQ, down 8 percent vs pre-COVID levels to INR 18.5bn, in line with our estimates, affected by FTA withdrawal (Zee Anmol) and lower ad spend by brands due to weak macroeconomic conditions. ...

SPNI shifts to 100% renewable electricity for their Mumbai office

As part of the company’s carbon footprint reduction agenda under the global 'Sony Greener World' initiative, the Mumbai office of Sony Pictures Networks India (SPNI), is switching to 100 percent renewable electricity effective on September 1, 2022. This green initiative wi...

discovery+ announces new docuseries

'House of Hammer', the highly anticipated docuseries chronicling the deeply troubling accusations leveled against critically acclaimed actor Armie Hammer and the dark, twisted legacy of the Hammer dynasty, will be available to stream on Saturday, September 3, exclusively on discovery+.

Naga Chaitanya’s ‘Thank You’ to stream on Prime Video

Prime Video announced the exclusive streaming premiere of the Telugu romantic drama ‘Thank You’. Produced by Vikram K Kumar and Sireesh of Sri Venkateswara Creations, the film stars Naga Chaitanya and Raashii Khanna in the lead with Malavika Nair and Avika Gor in pivotal roles. ‘Thank You’ is a feel-good, coming-of-age film that revolves a...

‘Mind the Malhotras’ S2 to premiere on Prime Video

Streaming platform Prime Video on Wednesday announced that comedy-drama ‘Mind the Malhotras’, starring Mini Mathur and Cyrus Sahukar, is set to return for a second run. Prime members in India and across 240 countries and territories worldwide can stream the series starting August 12. Directed by Sahil Sangha and Sangha and Karan Sharma, ‘M...

EXCLUSIVE PHOTOS

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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!