Last week, Reliance Entertainment signed up with Manchester United for an exclusive, global three-year game development deal, which reports estimated at $100 million. Rajesh Sawhney, president, Reliance Entertainment, talked to Business Standard about the company's plans in the gaming, animation and home entertainment space.
It is learnt from sources that the two companies today paid Rs 20 crore as guarantee deposit to the Board of Control for Cricket in India (BCCI).
The likes of SRK, Nirula and Mallya are in the race to own an IPL team for the upcoming Twenty20 series.
Sony TV has locked horns with production house Endemol over airing of Big Boss sequels. Sony maintains that it has the first refusal rights, as per the agreement between the two.
The Express group is expected to get around Rs 500 crore (Rs 5 billion) from the deal.
Real estate major DLF, Mukesh Ambani-promoted Reliance Industries, cinema production and distribution company Eros International, Reliance Anil Dhirubhai Ambani Group and Videocon Industries are believed to be readying to bid for team ownership rights in the Indian Premier League.
I&B ministry has called off the auctioning of vacant FM radio stations and postponed it indefinitely. This move has left 27 bidders in a lurch.
If India's Australia tour gets cancelled, advertisers will ask the broadcasters for a refund.
DTH is still growing month-on-month, while the figures of CAS subscribers have begun to stagnate.
The actors lead the newcomers pack in endorsement moolah.
The I&B ministry has intimated January 14 and 24 as the new dates for the auction instead of December 29 and January 10.
This year, Bollywood's most powerful production house makes very little profit.
Company insiders said Ganguly, who was in the cold after he was removed as the captain of the Indian team, has been unable to attract advertisers for over 18 months. Sources said the company had committed a minimum guarantee of Rs 50 crore for five years.
Be it the launch of new entertainment channels like Bindass, 9X and Zee Next or the programming rejig on Zee TV, Channel V, Star One, Sahara and Star Plus, broadcasters are leaving no stone unturned to attract the younger generation as well as the advertisers.
The Return of Ravana will be set in contemporary times in Manhattan, the US. In the proposed trilogy, King Ravan will return in modern times in the US and create problems for the international community. This will lead to the appearance of Hanuman.
The Indian advertising expenditure is doubling every four years primarily dominated by spends on television and print campaigns.
The rebel tournament of Zee group chief Subhash Chandra, the Indian Cricket League, is set to take birth on Friday at Chandigarh's Tau Devi Lal stadium; though pangs remain.
The rebel tournament of Zee group chief Subhash Chandra, the Indian Cricket League, is set to take birth at Chandigarh's Tau Devi Lal stadium on Friday.
Subash Chandra's Indian Cricket League can breathe a sigh of relief.
ICL, which is primarily a television property for the Zee group, kicks off on November 30 and is yet to find advertisers.
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