industry news - Indian Broadcasting World

Microsoft predicts double-digit rev growth

Microsoft Corp has forecast double-digit revenue growth for the next fiscal year, driven by demand for cloud computing services, and its shares jumped about 4 percent.

Microsoft forecast Intelligent Cloud revenue of $21.1 billion to $21.35 billion for its fiscal fourth quarter, drive...

Deepika to be part of Cannes Film Festival jury

Indian actor Deepika Padukone will be a part of the competition for the jury at the 2022 Cannes Film Festival, the organizers said.

French actor Vincent Lindon will be heading the jury at the 75th edition of the coveted festival, which will run from May 17-28. The official Twitter ac...

Vice-President Naidu bemoans falling standards of TV debate

India’s Vice President M. Venkaiah Naidu on Wednesday called upon the media to follow values of ethical journalism and be responsible in their coverage of news, while exhorting it to self-regulate. Expressing his concern over the tendency to exaggerate and sensationalise news, he said that it tantamount to misinforming the public. At times, s...

Bodhi Tree to invest $1.78 bn in Viacom18; Reliance to pump in $216 mn

Reliance and Viacom18 on Wednesday announced a mouthwatering and potentially disrupting strategic partnership with Bodhi Tree Systems, which is a platform of James Murdoch’s Lupa Systems and Uday Shankar, to form one of the largest TV and digital streaming companies in India.

FM highlights India’s steps towards digitization

Highlighting several digitization-related progressive steps in the Budget this year, Finance Minister Nirmala Sitharaman on Tuesday said that there is a continuous digital nudge by the government across different sectors. Sitharman’s remarks came during the ‘Business Roundtable: Investing in India’s Digital Revolution’ organized by the Federa...

Comedy Central to raise some laughs with ‘Giggle Trigger’

Everyone has a unique arsenal of comedy that they can pull out to make someone laugh. While for some, it is a trusted joke, for others it could be something slapstick. Recognizing this potential of spreading laughter, Comedy Central, Viacom18’s leading English entertainment channel, on the occasion of World Laughter Day, is giving its viewer...

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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!