News - Indian Broadcasting World

Eenadu Group founder Ramoji Rao passes away at 87

Media baron Ramoji Rao passed away here on Saturday. He was 87. The Chairman of Eenadu Group of Companies breathed his last at a private hospital where he was admitted on June 5 due to breathing problems. According to IANS, he passed away at 4.50 a.m. Ramoji Rao was the founder of the largest circulated Telugu daily ‘Eenadu’, ‘

Zee gets Board nod to raise funds up to $240 mn

Zee Entertainment Enterprises’s board has approved a fundraise of up to Rs. 20 billion ($239.6 million), the Indian broadcaster said yesterday.

The company had two major deals --- a $10 billion merger with Sony India and a $1.4 billion cricket broadcasting deal with Walt Disney --- f...

Pak SC issues contempt notices to 34 TV channels

Pakistan's Supreme Court on Wednesday issued a contempt notice to 34 TV channels for airing alleged anti-judiciary press conferences of two politicians last month.

Senator Faisal Vawda, who was elected as an independent candidate, and Mustafa Kamal, a Muttahida Qaumi Movement (MQM) l...

SPNI elevates Jaideep Janakiram to lead international biz, ops

Sony Pictures Networks India (SPNI) has announced a significant leadership change in its International Business and Operations division. As per a press release, Jaideep Janakiram, previously the Head of International Business for the Americas, has been promoted...

Jagran New Media appoints Anuj Bhasin as CRO

Jagran New Media has named Anuj Bhasin as its new Chief Revenue Officer, according to his LinkedIn profile. Bhasin brings over two decades of experience in media marketing and advertising solutions, having held significant roles at renowned organisations such as

Zee board to consider on June 6 fund raising proposal

Leading broadcaster Zee Entertainment yesterday said it is planning to raise funds from the market through various routes, including issuing of equity of shares, and qualified institutions placements (QIPs). Though the company has not specified the amount it plans to raise,

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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!