Sony Pictures Networks India (SPNI) has announced the appointment of Sibaji Biswas as Chief Financial Officer (CFO), set to assume his role in January 2025. Sibaji will oversee SPNI’s financial strategy, corporate finance, and operational planning, aimed ...
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SPNI announces leadership changes in kids, animation portfolio
Sony Pictures Networks India (SPNI) has announced a significant leadership transition within its Kids and Animation portfolio. Leena Lele Dutta, who has led the portfolio since the launch of the kids' linear channel Sony YAY! in 2017, will step down as Business Head toward the end of this fiscal year. According to SPNI, Sony YAY! has become a...
Sony India’s FY24 net profit drops 19%, hit by decline in ad revenue
Culver Max Entertainment, operating as Sony Pictures Networks India (SPNI), has reported a significant 19 percent drop in consolidated net profit, falling to Rs.839 crore for the fiscal year ending March 31, 2024. The company’s revenue from operations declined by 3 percent to Rs.6,510 crore, driven by a notable slump in advertising revenue, w...
Zee, Culver Max, Bangla Entertainment settle merger disputes
Zee Entertainment Enterprises Ltd. (ZEE), Culver Max Entertainment Pvt. Ltd. (CMEPL), operating under the Sony Pictures Networks India (SPNI) brand, and Bangla Entertainment Pvt. Ltd. (BEPL) has reached a significant settlement to resolve all disputes related to the Merger Co-operation Agreement and the Composite Scheme of Arrangement. This reso...
SPNI announces strategic leadership reshuffle
Sony Pictures Networks India (SPNI) has announced a series of key leadership changes to drive its strategic growth and operational excellence. The newly appointed leaders, each bringing a wealth of experience and expertise, are set to play critical roles in SPNI's future success, the company said in a press release. Nachiket Pantvaidya has be...
SPNI’s Neeraj Vyas quits to pursue entrepreneurship
Sony Pictures Networks India (SPNI) has announced that Neeraj Vyas, Business Head of Sony Entertainment Television, Sony SAB, PAL, and Sony MAX Movie Cluster, will leave the company effective August 31, 2024. After nearly three decades of service, Vyas has dec...