WBD - Indian Broadcasting World

WBD shareholders back proposed $110bn merger with Paramount Skydance

Warner Bros Discovery shareholders yesterday backed the company's proposed $110 billion merger with Paramount Skydance, but cast an advisory vote against ‌executive compensation plans tied to the deal. Under the pay packages proposed to executives, CEO David Zaslav c...

WBD bags 11 Oscars; Netflix gets 7; NBCU, WBD, Apple 1 each

Warner Bros emerged as the biggest winner at the Academy Awards on Sunday, though the mood was clouded by its pending $110 billion sale to Paramount Skydance, a deal reshaping ‌Hollywood's studio landscape. The studio received 11 Oscars, led by ‘One Battle After Another’, a tale of violent resistance in a dy...

WBD agrees to be bought by Paramount for $110bn

Warner Bros Discovery has agreed to be acquired by Paramount Skydance in a $110 billion deal signed Friday morning (Feb. 27 as per US time), according to an audio clip of a global townhall by the company, which was reviewed by Reuters. "Netflix had the legal right to match the PSKY offer. As you all know, they ultimately decided not to do tha...

Paramount Skydance readies to dance with WBD; Netflix walks away

Paramount Skydance has emerged as the frontrunner in the race to acquire Warner Bros Discovery, marking a major development in the global media and entertainment industry after Netflix decided not to raise its bid for the Hollywood studio. According to a report by Reuters on Feb 26, the months-long battle to acquire Warner Bros Discovery reac...

Tata Play, WBD bring back Cartoon Network classics with ad-free service

Tata Play, the content distribution and Pay-TV platform, has announced the launch of ‘Cartoon Network Forever’, a new ad-free platform service in collaboration with Warner Bros. Discovery. The offering marks the grand return of Cartoon Network’s iconic programming, reviving the joy and nostalgia of animated classics for audiences across age grou...

Paramount Skydance prepares bid to acquire WBD

Paramount Skydance is preparing a bid to buy Warner Bros Discovery, a source familiar with the matter told Reuters on Thursday, potentially bringing together two storied Hollywood studios and reshaping the entertainment industry. A bid for Warner Bros Dis...

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!