News - Indian Broadcasting World

Zee reports sharp rise in Q3 profits on cost cuts; ad revenues low

India's Zee Entertainment Enterprises reported a sharp rise in third-quarter profit and margins on Thursday, boosted by cost cutting measures which offset lower advertisement revenue.

Zee reported a profit of Rs. 1.64 billion ($18.96 million) for the three months ended December 31, c...

Sameer Gogate appointed Business Head of Colors at JioStar

Renowned media professional Sameer Gogate has joined JioStar as the Business Head of Colors, bringing with him extensive experience in broadcast media, TV, and movie production. Gogate’s appointment marks a significant step for JioStar in bolstering its leadership...

ZEE Entertainment’ Shiva Chinnasamy resigns

In a significant development for Zee Entertainment Enterprises Ltd. (ZEEL), Shiva Chinnasamy, the Chief Technology and Product Officer (CTPO) and a pivotal figure in the company’s technological evolution, has resigned, The Storyboard18 reported.

His departure c...

Sajith Sivanandan joins Jio mobile digital services as President

Industry veteran Sajith Sivanandan has been appointed President of Jio Mobile Digital Services at Jio Platforms, marking a pivotal addition to the company’s leadership team, The Economic Times reported. In his new role, Sivanandan will spearhead the development of AI-driven digital services for

Decision to allocate satcom will benefit consumers: Telecom Minister

India's decision to allocate satellite spectrum, rather than auction it, will give consumers more choice, India’s Telecoms Minister said yesterday, playing down concern by Mukesh Ambani's Reliance Jio that it could lose out to Elon Mus...

Cabinet approves spectrum refarming to bolster telecom growth

Union Minister for Communications, Jyotiraditya Scindia, announced on January 17 that the Cabinet has approved the refarming of 687 MHz of spectrum, with 328 MHz set to be released immediately to the telecom industry. This initiative marks a significant step ...

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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!