reliance - Indian Broadcasting World

Reliance, Disney offer concessions to make merger happen

Reliance and Walt Disney have offered to sell some channels to win faster antitrust approval for their $8.5 billion India media assets merger, but are resisting changes to cricket broadcast rights they own, two sources familiar with the matter said, according to a Reuters report from New Delhi yesterday.

Reliance, Disney Star allay fears on cricket rights; seek CCI nod on merger

Reliance Industries and Walt Disney have sought antitrust clearance for their $8.5 billion India media merger by arguing their combined power, especially on cricket broadcasting, will not hit advertisers, two people with direct knowledge told Reuters.

The deal, announced in February,...

Media biz delivered strong performance in FY 24: Reliance

Reliance Industries yesterday said that its media business delivered one of the strongest performances, setting new operating and revenue

benchmarks across verticals.

Reliance, Hinduja Group firms in race to buy Siti Networks

Reliance Industries Ltd’s group company Hathway Digital and Hinduja Group’s IndusInd Media & Communications (IMCL) are two of the many companies in the race to try to snap up MSO Siti Networks, which is part of the Essel/Zee family, a newspaper report has stated.

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Disney, Reliance working on ops merger: Report

Reliance Industries Ltd (RIL) and Walt Disney Co. are finalising details of a non-binding term sheet to move ahead with plans to merge their India media and entertainment operations, said executives involved in the matter....

Reliance unveils satellite-delivered b’band via JioSpaceFiber

Reliance Jio Infocomm Limited, a leading name in India's telecommunications sector, has unveiled JioSpaceFiber, the country's first satellite-based gigabit broadband service, marking a step in connecting remote regions of India with high-speed internet. According to ANI, this launch was showcased at the Indi...

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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!