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Paramount Global Q1-22 total revenue down on weak TV ad sales

Paramount Global said on Tuesday it added more than six million streaming subscribers in the first quarter, but missed revenue estimates, hurt by weaker TV advertising sales in a period without the Super Bowl broadcast.

The company, formerly known as ViacomCBS (in India the company i...

Apple hit with EU antitrust charge over mobile payments tech

Apple faces a possible hefty fine and may have to open its mobile payment system to competitors after EU antitrust regulators charged the iPhone maker with restricting rivals' access to its technology used for mobile wallets.

This marks the second EU charge against Apple after EU reg...

Vi partners ICRIER to set up telecom centre of excellence

Vodafone Idea has partnered with Indian Council for Research on International Economic Relations (ICRIER) to set up a telecom Centre of Excellence.

The centre has been named InViCT (ICRIER and Vodafone Idea Centre for Telecom), which will drive research advisory and policy support ef...

‘Dr. Strange’ star Cumberbatch says would love to revisit India

Benedict Cumberbatch's connection with India goes back to his teenage years and the ‘Doctor Strange’ star says he hopes to return one day to interact with the country's "first superhero". The British actor, who took a gap-year after his school to travel to Darjeeling to teach English at a Tibetan monastery, fondly remembers his six mon...

Zee Telugu launches new show ‘Devathalara Deevinchandi’

Zee Telugu from the ZEEL family is all set to launch a new fiction show ‘Devathalara Deevinchandi’. Featuring Chaitra Sakkari as Srivalli, Yashwanth as Samrat, and Nirosha as Bhavani, the show will take you on a roll...

Adani group incorporates media subsidiary

Adani Enterprises Ltd (AEL) has announced the incorporation of its subsidiary AMG Media Networks.

The wholly-owned subsidiary (WOS) will start its business operations in due course, it was announced Wednesday --- a day when another Indian billionaire Mukesh Ambani’s Reliance Industri...

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!