industry - Indian Broadcasting World

Zee: Merger process with Sony on scheduled timelines

Zee Entertainment MD & CEO Punit Goenka said that the work on the proposed merger with Sony Pictures Networks India (SPNI) is progressing well and, if all goes well, should be completed within the given time...

Elon Musk’s Starlink to focus on India’s rural development

Starlink, the satellite internet division of billionaire Elon Musk's rocket company SpaceX, registered its business in India, company documents filed with the government showed, as it gears up to launch internet services in the country.

Having a local unit, Starlink Satellite Communi...

Bombay HC adjourns Invesco plea to Nov-end

The Bombay High Court on Friday adjourned the hearing on Invesco's plea that challenged an order by a single judge bench of the same court directing the foreign institutional investor not to insist on a s...

Zuckerverse, Timesuck, Faceplant; Twitterati has fun on FB name suggestion

They're just a few of the suggestions being bandied around online following reports that Facebook plans to rebrand itself with a new group name. The company refused to comment on rumor or speculation, of c...

New movies boost HBO Max; parent AT&T adds wireless subs in 5G push

AT&T Inc.'s quarterly revenue and phone subscriber additions beat market expectations on Thursday, on increased demand for its phone and internet service and steady growth for its streaming platform HB...

Punit Goenka: There was ‘valuation imbalance’ in earlier merger proposal

Punit Goenka, the soft-spoken chief of Zee Entertainment, on Thursday said he did not agree to an earlier merger proposal brought in by foreign investor Invesco as there was imbalance in valuations of ...

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!