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Network18 consolidated revenue up 58% in Q4-22

Network18 Media & Investments on Tuesday reported 58.1 per cent year-on-year surge in its consolidated net profit to over Rs 61 crore during Q4FY22.

The media company reported a 14.6 per cent year-on-year rise in consolidated revenue from operations to over Rs 1,621 crore.

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Paramount+ to launch in India 2023 as part of Viacom18 pact

Another global streaming platform is set to enter India, adding to the hyper-competitive market that’s now starting to look crowded, if the various domestic regional OTT platforms too are counted in the list.

Paramount+, part of Paramount Global (formerly known as ViacomCBS), will la...

Microsoft Edge will soon come with free built-in VPN

Microsoft has announced that it is working on adding a VPN (Virtual Private Network) to its Edge browser. As per Microsoft, a Cloudflare-powered VPN service called ‘Edge Secure Network’ is being tested and will roll out to the public as part of a security upgrade. It is aimed at bringing security and privacy. The feature will encrypt the i...

Jeff Daniels to star in ‘A Man in Full’

Veteran actor Jeff Daniels is set to play the lead role in Netflix's upcoming series 'A Man in Full', to be directed by Regina King. According to PTI, the drama is based on the Tom Wolfe novel of the same name. In the series, when Atlanta real estate mogul Charlie Croker faces sudden bankruptcy, political and business interes...

Meghan Markle’s animated kids series ‘Pearl’ axed by Netflix

Streaming platform Netflix has scrapped kids animated show 'Pearl', to be produced by Meghan Markle and husband Prince Harry's Archewell Productions. According to PTI, the series was axed as one of the platform's strategic decisions surrounding their original animated content. Netlfix and Archewell Productions, however, remain close partne...

Zee Café introduces new show ‘Café Comedy Club’

The international, English Channel owned by Zee Entertainment Enterprises Zee Café brings to its viewers a dinner comedy block that all deserve to post a hard-working day. With shows like 'Black Monday', 'Moonbase 8' and 'Flatbush Misdemeanors S1' at 9 PM from May 2, Zee Café surely would ensure that nobody goes to the bed with a tensed mind....

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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!