News - 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...

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...

‘Friends’ actor James Michael Tyler passes away

American popular television sitcom ‘Friends’ renowned actor James Michael Tyler aka Gunther, died Sunday at age 59. He had been battling prostate cancer since 2018. According to his representative Toni Benson,

Indian celebs, cricketers look to cash in on NFTs

Indian celebrities from the world of Bollywood and cricket are increasingly launching digital memorabilia through non-fungible tokens (NFT), hoping to rake in thousands of dollars by cashing in on growing interest in such assets.

NFTs are a ty...

PVR net loss Rs. 153 cr Sept quarter; revenue Rs. 120 cr

India’s leading multiplex chain operator PVR Ltd has reported narrowing of its consolidated net loss to Rs 153.13 crore for the second quarter ended September 30, 2021.

The com...

Premier League clubs’ new sponsorship rule upsets Saudis

Premier League soccer clubs passing a temporary rule to stop teams from agreeing sponsorship deals with companies linked to their owners shows Newcastle United's rivals are worried, Saudi Arabia's Finance Minis...

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!