industry news - Indian Broadcasting World

NXTDigital FY22 9-month revenue up 12.8% to Rs. 807.6 cr.

Digital platforms company NXTDIGITAL Limited, the media vertical of the Hinduja Group, Saturday announced the financial results for the 9-month period ending December 31, 2021 and Q3 of FY22 where data showed that consolidated revenue for the nine-month grew by 12.84 percent to Rs 807.6 crore, up from Rs 715.71 crore...

Facebook Messenger rolls out a new payment feature

Meta-owned Facebook Messenger has announced new features, including Split Payments on the platform for iOS and Android users in the US. The company said it is also introducing voice message recording controls and a mode for sending dis...

TV Today Q3FY22 Result Update – Maintain BUY with a higher TP of INR 610

By Karan Taurani @ Elara Capital Broad-based profitable growth Revenue growth –Strong digital performance TV Today Network’s (TVTN) Q3 revenues grew 15.4% YoY (up 16% versus pre-COVID levels and 14.2% QoQ) to INR 2,580mn (Elara E: INR 2,498mn), better than estimated. This was largely le...

European publishers target Google over digital ad biz

Google on Friday was targeted in an antitrust complaint by the European Publishers Council over its digital advertising business, potentially strengthening EU antitrust chief Margrethe Vestager's investigation into the issue.

Alphabet Inc's Google made $147 billion in revenue

Ranbir Kapoor’s ‘Shamshera’ to release on July 22

Bollywood star Ranbir Kapoor-led ‘Shamshera’ is set to release theatrically on July 22, the producers announced on Friday.

Directed by Karan Malhotra, the Yash Raj Fi...

12 TV channels get FreeDish MPEG4 slots; highest bid Rs. 1.6 cr.

Twelve TV channels were successful bidders for limited MPEG4 slots on Indian pubcaster Doordarshan’s FTA DTH platform, FreeDish, with eight of them being news channels.

Though Prasar Bharati, DD’s parent, didn’t disclose the total

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!