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GTPL Hathway reports revenue of Rs. 6,454 mn in Q1 FY23

India's largest MSO, GTPL Hathway, on Thursday reported revenue of Rs. 6,454 million in Q1 FY23 ending June 30. Profit after tax stood at Rs. 433 million

The consolidated revenue of Rs. 6,454 million showed a growth of 10 percent year-on-year, YoY.

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Red FM starts service for Ladakh’s Leh region

93.5 RED FM, India's leading private radio and entertainment network, launched its newest radio station in Leh to strategically expand its footprint in the sub-Himalayan ranges. RED FM announced an exciting launch campaign, ‘Leh, Hum Aa Gaye', which talks about providing ultim...

Havas Group expands footprint into Eastern India

Global advertising conglomerate Havas Group India on Thursday announced its foray into Eastern India through a strategic tie-up between Havas Worldwide India and Kolkata-based digital marketing agency Quite Easily Done (QED). The new entity, Havas QED, will partner with Havas Creative Group India, which has agencies, including Havas Worldwide...

Balaji Telefilms appoints Abhishek Kumar as group CEO

Balaji Telefilms announced the appointment of Abhishek Kumar as group chief executive officer, according to regulatory filings. Kumar comes with over two decades of experience in business strategy, M&A, operations, and investing in technology and media. He moves on from Jupiter Capital, wherein he was working as the COO and general partne...

BARC Rating 27th Week: Sun TV maintains lead position in all genres

Broadcasting Audience Research Council (BARC) 27th Week (2nd July – 8th July 2022) has released its report. Sun TV continues to dominate the list of top 10 channels for the past few weeks across all genres (All India 2+), the channel registered 2423.43 impressions. Star Maa is in the second spot with2359.49 impressions, and Star Plus bagge...

Twitter sues Elon Musk for cancelling deal

Twitter sued Tesla CEO Elon Musk on Tuesday, trying to force him to complete his $44 billion takeovers of the social media company by accusing him of “outlandish” and “bad faith” actions that have caused the platform irreparable harm and “wreaked havoc” on its stock price. Back in April, Musk pledged to pay $54.20 a share for Twitter, which a...

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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!