SET India, in which Sony Entertainment Pictures holds 64.5 per cent stake, plans to acquire 100 per cent of SET Satellite Singapore through a share-swap deal, sources said.\n\n\n\n
'As a nation, we create beautiful content and a high volume of it (films) but we are limited by the number of theatres and screen density.' 'You now have a living-room large screen available to showcase that.'
Channel also acquires rights to Slumdog Millionnaire.
Multi Screen Media Private Limited ((earlier known as Sony Entertainment Television India), announced on Thursday that its chief executive officer, Kunal Dasgupta has quit quoting personal reasons. The announcement was made by SPTI's president, international networks, Andy Kaplan.
Sony India on Thursday declared a 20 per cent sales growth for the year ended March 31, 2004, and said it plans to launch VAIO personal computers in India over the next few months.
Taking a look at Yash Raj's new shows on TV.
Flush with cash from his wireless telephony company's sale, industrialist B K Modi is negotiating to acquire 39 per cent stake in Indian television company, Multi Screen Media, earlier known as Sony Entertainment Television. Modi, who was earlier eyeing the 32 per cent stake held by Indian shareholders, is now looking at acquiring an additional 7 per cent held by trusts. He is also planning to re-brand the television channel as Sony Spice TV.
Reliance-Disney skips bidding
Sony Pictures Television, a wholly owned subsidiary of the US-based Sony Pictures Entertainment, has inked a deal with these shareholders to acquire 32 per cent stake for $271 million (about Rs 1,512 crore).
The feud between Sony Entertainment Television (SET) and two of its minority stakeholders, who hold a combined 31.67 per cent stake, is finally ending. Both parties have decided to shake hands over paying additional capital demanded by Sony to repay a loan taken to finance its bid for the 2003 Cricket World Cup.
Tarun Katial of Star Network has joined Sony Entertainment Television to oversee the channel's creative content, programming and on-air promotions.
After three editions of the hugely-successful Kaun Banega Crorepati, Sony TV has bought the rights for the show this year.
BBC to join OneAlliance platform, to outsource sales to MSM.
Sony Entertainment Television, which recently bagged the telecast rights of the Indian Premier League, hopes to earn over Rs 300 crore (Rs 3 billion) as advertising revenue in the first season of the Board of Control for Cricket in India-promoted Twenty20 tournament.
Kaun Banega Crorepati-4 (KBC-4), hosted by Amitabh Bachchan, got an average TV rating of 5.5 in its final episode, according to data from TVR agency aMap. The closing episode had a peak rating of 7.4, it said. TVRs denote the percentage of viewers who watched the show for a stipulated period.
The consortium of Sony Entertainment Television and World Sports Group, which paid BCCI $60 million (Rs 240 crore) as the telecast rights fee for the first season of the Twenty 20 league has already recovered its money. Sony-WSG will together earn around Rs 380 crore (Rs 3.8 billion) worldwide from the league. Sony is confident of selling 11,800 seconds across 59 matches, at a premium. Vodafone, Godrej, Hyundai, Coca-Cola & Max New York and StanChart has already booked spots.
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.
Sony has been given the satellite rights for the series for USD 11.5 million.
Sony India and Zee Entertainment Enterprises (ZEEL) have agreed to sell three Hindi channels--Big Magic, Zee Action and Zee Classic--to address anti-competition concerns arising out of their proposed merger. The broadcasters submitted their proposal to the Competition Commission of India (CCI), which gave a conditional approval on October 4. On Wednesday, the CCI made public its detailed 58-page order, specifying the channels that would be dropped.
Reliance-Anil Dhirubhai Ambani Group-controlled BIG TV has withdrawn from partnering the Indian Premier League, alleging discrimination by the league's broadcast rights-holder Sony Entertainment Television.BIG TV has communicated its decision to IPL CEO Sundar Raman, alleging that SET has decided to offer the contract to competitor Airtel DTH, though it quoted a lower price for on-air partnership, sources said. When contacted, a BIG TV spokesperson declined to comment.
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