News - Indian Broadcasting World

Zee Entertainment returns to black with Rs. 118 cr. net profit

Zee Entertainment Enterprise Ltd yesterday reported a consolidated net profit of Rs 118.10 crore for the first quarter ended June 30, 2024.

The company had reported a net loss of Rs 53.42 crore in th...

18 OTT platforms blocked for carrying obscene content: Minister

The government of India, while taking action against inappropriate content on streaming platforms, had blocked 18 OTT services in March earlier this year, Minister of State for Information & Broadcasting L. Murugan informed his p...

NDTV Q1 loss widens despite election-induced ad revenues

Indian broadcaster NDTV reported a wider first-quarter loss yesterday, as a rise in expenses overshadowed revenue from political advertisements during the country's general elections.

The Adani Group...

S Balasubramanian re-elected president of Advertising Club Madras

S. Balasubramanian, the National Head of Digital Media at Dinamalar, has been re-elected as the 45th President of Advertising Club Madras for the years 2024-2025. The announcement came during the club’s Annual General Meeting (AGM) held on Friday, July 26, 2024. Joining Balasubramanian in leading the club for the upcoming year are: Murugan K...

SC moves cable TV rules challenge to Delhi HC

In a significant legal development, the Supreme Court of India has transferred multiple petitions challenging the Cable TV Networks (Amendment) Rules 2021 to the Delhi High Court. This decision was rendered by a bench of Justices Sanjiv Khanna and Sanjay Kumar, ...

NCLT to hear Disney Star India, Viacom18 merger plea on August 1

The National Company Law Tribunal (NCLT) has listed Walt Disney-owned Star India and Reliance Industries (RIL)-and promoted Viacom18's merger application for hearing and final disposal on August 1. Legal experts say that NCLT Mumbai has ordered a final hearing...

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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!