IBW Admin - Indian Broadcasting World

Two new IPL teams, Lucknow & Ahmedabad, fetch BCCI $ 1.7 bn.

Business tycoon Sanjiv Goenka and international equity investment firm Irelia Company Pte Limited (CVC Capital) shelled out a combined Rs 12,715 crore (approximately USD 1.7 billion) to win the bids for two new IPL teams, a windfall that far exceeded BCCI's expectations, on Monday.

T...

‘Always Jane’ to stream on Prime Video Nov 12

Prime Video released the trailer of the upcoming four-part coming-of-age docuseries ‘Always Jane’, an intimate and unguarded look at transgender teenager Jane Noury and her family as she nears her high school graduation and prepares for college.

The docuseries reveal Jane’s ...

Punjabi film ‘Qismat 2’ to release on Zee5 on Oct 29

Punjabi actors Ammy Virk and Sargun Mehta- starrer romantic-drama film ‘Qismat 2’ will have its digital premiere on Zee5 on October 29, the streamer has announced.

The film, directed by Jagdeep Sidhu, was released in theatres on September 23, which takes up the theme of unr...

Chicken Soup for the Soul Entertainment acquires Locomotive Global

Chicken Soup for the Soul Entertainment Inc., a big operator of streaming advertising-supported video-on-demand (AVOD) networks, has announced the acquisition of a majority stake in Locomotive Global Inc.

Locomotive Global Inc., a production company based in India, is led by industry...

Australia proposes parental consent on SM users below16

In what could further complicate matters between Big Tech and governments globally, Australia unveiled plans on Monday to make social media companies obtain parental consent for users under the age of 16, with multimillion dollar fines for failing to comply.

Draft legislation to enha...

TRAI issues discussion paper on mkt structure, competition in cable TV

The Telecom Regulatory Authority of India (TRAI) on Monday issued a consultation paper on issues related to market structure and competition in cable television services, and invited comments from stakeholders.

The move has been initiated following a reference from the Ministry of In...

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!