sony - Indian Broadcasting World

Sony ekes out 1% Q2 profit rise as PS5 costs squeeze margins

Japan's Sony Group Corp on Thursday squeezed out a surprise one percent rise in operating profit for its second quarter though costs from growing sales of its PlayStation 5 (PS5) console pressed on margins.

‘Haseen Dilruba’ world TV premiere on Sony MAX

Hindi movie channel Sony MAX is ready to premiere the recently released film ‘Haseen Dilruba’ on October 31 at 12 noon.

The film promises to engage with an exciting storyline of an eclectic mix of emotions ranging from love, betr...

Sony sports channels to broadcast Women’s Big Bash League

Sony Pictures Sports Network (SPSN) will continue to promote women’s sports as it has decided to widen the audience base with the telecast of Women’s Big Bash League (WBBL).

For the first time, vi...

Zee gets two weeks to reply in case relating to investors’ demands

India's companies court NCLT on Friday gave Zee Entertainment two weeks to file its reply in a case brought by two institutional investors for a meeting of shareholders to discuss an overhaul of top management and the board of directors.

Invesco Developing Markets Fund and OFI Global...

Media Sector – TV Industry Channel Check Series – Update & Our view

We conducted channel checks across various segments of TV/digital to gauge near term business prospects and impact of Sony/Zee merger if it goes through; enclosed below are some snippets from our conference

Snippets from our channel check series (TV industry and Zee/Sony Merger) and our view

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Zee Board rejects shareholders demand for EGM

The Board of India's Zee Entertainment on Friday rejected requests from two institutional investors for a meeting of shareholders, setting the stage for a courtroom battle that could impact an impending merger with

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!