News - Indian Broadcasting World

Sony remains bullish on India despite Zee merger fallout

Sony remains optimistic about India's growth potential despite the collapse of the proposed merger with Zee, asserting its commitment to exploring alternative avenues for expansion in the country. Hiroki Totoki, Sony's President, COO & CFO, emphasized du...

NCLAT halts NCLT order in Dream11 case, directs IRP to await decision until Feb 23

The National Company Law Appellate Tribunal on Wednesday stayed the NCLT Mumbai bench order to initiate a corporate Insolvency Resolution Process (CIRP) against Sporta Technologies, which operates the fantasy sports platform Dream 11. However, it has also...

RIL in talks to acquire Tata Play stake from Disney

Reliance Industries is in talks to buy a 29.8 percent stake in subscription-based satellite TV and video streaming service provider Tata Play from Walt Disney, Business Standard newspaper reported on Thursday, citing sources close to the development. If ...

Zee Entertainment seeks INR 69cr refund from Star following ICC TV deal fallout

The fallout from the collapsed merger with Sony has taken another turn for Zee Entertainment Enterprises Ltd, as it now seeks a refund of INR 69 crore from Star India, a subsidiary of Walt Disney, over an alleged breach of the ICC TV rights agreement. Zee, f...

Zee Q3 profit more than doubles on subscriptions uptick

Zee Entertainment Enterprises' third-quarter profit more than doubled as a pick-up in subscriptions offset a soft advertising environment, the Indian broadcaster reported yesterday, in its first results since its failed merger wit...

Govt. blocked 125 YouTube-based news channels since 2021

The Indian government has blocked from public access125 YouTube news channels since 2021 in the interest of the country’s sovereignty and other reasons.

Minister for Information and Broadcasting

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!