Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in customer care, corporate India saw it all in 2024.
With founder Subhash Chandra no longer in the driver's seat at Zee, the acid test for Punit Goenka would be to take the financial investors along with him even as he strives to weather the latest storm. The question, now, is how he will deal with the challenges of being a professional CEO rather than an owner-CEO in the aftermath of his family offloading most of its promoter stake to a clutch of financial investors. However, the silver lining is that Zee remains the most profitable of the top four broadcasters in India.
Media Firm Zee Entertainment Enterprise Ltd (ZEEL) sold its sports channel Ten Sports to Sony Pictures Networks for a US$ 385-million (about Rs 2,579 crore) in an all cash deal.
While about 8,000 people are in the long list of invitees, the select list features just a few hundred people, including prominent politicians, leading industrialists, top film stars, sportspersons, bureaucrats and diplomats.
Guess who else features on the Variety500 list?
If the index is unable to sustain above 24,500 levels, technically it can then slip to its 200-DMA placed at 23,365 levels.
Joginder Tuteja lists the movies and Web series coming up.
Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'
Mukesh Ambani-owned Reliance Industries (RIL) is in discussions to acquire a 29.8 per cent stake in Tata Play from the Walt Disney Company, according to sources close to the development. This move is seen as part of RIL's broader strategy to deepen its footprint in India's television distribution sector. Tata Sons, the holding company of the Tata group, currently holds a 50.2 per cent stake in the satellite television broadcaster.
Allu Arjun's biggest blockbuster, Satyajit Ray's story and Spidey's exciting new avatar, Sukanya Verma lists her recommendations on OTT this week.
The world is celebrating Raj Kapoor's birth centenary, but when was the last time you watched an RK film?
Christmas romance, heists, thrillers, it's all there on OTT this week. Sukanya Verma lists her recommendations.
Indian Grandmaster R Praggnanandhaa secured a victory over compatriot Arjun Erigaisi in the third round of the Tata Steel Chess Tournament.
The company has kicked off sale of infrastructure assets as well as sale of a part of the promoter holding in Zee to repay loans.
Zee Network (UK) has launched a Gujarati channel to showcase the best of South Asian entertainment to viewers.
Sukanya Verma gives you some interesting options to choose from.
A neutral Budget for media and entertainment sector.
Zee has launched its sports channel -- Zee Sports -- that would not simply focus on cricket but provide a "multi-genre sports entertainment package to the viewers".\n
Competition Commission of India on Wednesday said it has approved the merger of the media assets of Reliance Industries and Walt Disney Co to create the country's largest media empire. The deal, announced six months ago, has been cleared by the CCI with certain modifications proposed by the two parties.
The year was rich in content as far as Web series were concerned.
Amazon had decided not to participate in the bidding as the company did not find it a viable option for growth in India
Zee group Chief Subhash Chandra on Saturday met Pakistan President Pervez Musharraf and discussed the role media and entertainment industry can play in improving Indo-Pak relations.
Rs 40 crore already deployed in a residential project in Chennai.
The reduction in value of Chandra's assets comes close on the heels of the group's debt burgeoning to over Rs 12,000 crore, much of which he had raised by pledging his shares to banks and mutual funds in his flagship company ZEEL after many of the groups infrastructure bets did not take off.
Overseas direct investment by Indian companies fell by over 53 per cent year-on-year to $1.16 billion in July 2014, as per RBI data.
'If tech giants like Amazon, Google, Apple and Meta enter the IPL broadcasting arena, it could further revolutionize sports media in India.'
Paramount Global has agreed to sell its 13 per cent stake in its Indian TV business to Reliance Industries for Rs 4,286 crore, the Indian firm said on Thursday. In a stock exchange filing, Reliance said it has signed a binding agreement with two subsidiaries of Paramount Global to acquire 13.01 per cent equity stake of Viacom 18 Media Private Limited held by Paramount Global. Similarly, in a filing on the US Securities and Exchange Commission (SEC), Paramount Global said the closing of the transaction is subject to the satisfaction of certain customary conditions, including receipt of applicable regulatory approvals, as well as the completion of a previously announced joint venture involving Reliance, Viacom18 and Star Disney.
Bigg Boss 18 is all set to return to our screens on October 6. Hosted by Salman Khan, the names of the contestants who will be participating are not revealed yet.
Television's new channel Zindagi has some beautiful stories from across the border.
It's FaFa time and more on OTT this week! Sukanya Verma lists her recommendations.
Enthused by the recent success of some of its programmes, Zee Telefilms has decided to hike advertisement rates on its channels by 30-40 per cent from the next fiscal.
May offers a mix of original Web series and digital movie premieres on OTT.
Broadcasters are doing everything they can-overhauling content, firming up distribution deals and launching free-to-air channels - to capture the Rs 1,500-crore overseas market.
Zee Network, India's leading media and entertainment group, will invest $50 million for setting up its headquarters in the Middle East, company chairman Subhash Chandra said.
Both sports and digital will drag down the healthy operating margins that entertainment television continues to make.
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