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.
The television channel said its offer is aimed towards development of domestic cricket.
Sun Group CFO S L Narayanan's interview.
World Champion Viswanathan Anand played out a draw against Levon Aronian of Armenia in the eighth round to claw back to the top of the leaderboard in the 'A' group of 73rd Tata Steel Chess tournament at Wijk Aan Zee.
Both sports and digital will drag down the healthy operating margins that entertainment television continues to make.
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.'
Zee Tele has reported a 3% increase in net profit at Rs 17.07 crore (Rs 170.7 million) for the quarter ended June 30, 2003 when compared with Rs 16.60 crore (Rs 166 million) last fiscal.
The total buyback value shall not exceed 10 per cent of the paid-up capital and free reserves of the company for the financial year ended March 31, 2011.
Students need an opening and firms want juniors who'll fit, without spending time and effort in hiring. Online portals are filling the gap.
The Bharti group has applied to the government for a licence to operate direct-to-home television services.
Holidays turn into horror, Bhansali brand of razzmatazz and tons more on OTT this week.
Zee News editor Sudhir Chaudhary on Monday moved the Delhi High Court seeking anticipatory bail in a case registered against him for telecast of a show allegedly based on forged documents against Jindal Group in connection with Coalgate.
Amazon Prime Video has announced a huge number of assorted Web series and movies, and the slate sure looks interesting.
'In the audience's mind there is no urgency to go see a film in the theatre.' 'If you pay for social media buzz it does not convert into bums on seats.'
Broadcast tribunal TDSAT on Wednesday dismissed petitions of two Zee group firms Dish TV and WWIL seeking signals to operationalise HITS platform, while coming down heavily on the government for not bringing proper guidelines for its implementation.
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.
The 18-year-old also created history as he surpassed the legendary Viswanathan Anand to take the No 1 spot among Indian chess players in the live ratings.
The IT personnel had also seized currency and cash and jewellery worth Rs 6 crore (Rs 60 million) from Delhi-based Suncity Projects during searches, initiated on September 25, that lasted 30 hours, official sources said. According to the Income Tax department, the company had allegedly shown investments in other companies, which were later found to be of the same group.
Mystery, horror, biopics, documentaries, fantasy, romance, comedy, coming-of-age, pick the genre you like from the wide variety on OTT this week.
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.
This means that if Star TV's bouquet of 14 channels is priced at Rs 88 in non-CAS areas (70 million cable TV homes), it can charge only Rs 44 or less from existing DTH operators like Tata Sky, Dish TV and new entrants like Big TV, Bharti and Sun Direct. But all broadcasters are charging more from DTH companies than from non-CAS cable homes.
Apart from a stake buy, some other options on the table include a merger of the entertainment businesses of Sony and Network18 Media.
The cost of acquiring direct-to-home subscribers could be 70-80 per cent higher for new players like Sun Direct, Bharti and Reliance Bluemagic than the existing players like Dish TV and Tata Sky due to superior technology and expensive set top boxes
DTH in cars will work with the help of a special auto-tracking antenna that will be mounted on the roof of the car.
The four major Hindi general entertainment channels -- STAR Plus, Sony, Colors and ZEE -- have all launched music and dance reality shows in the 9-pm slot on weekends.
The complaint mentions the last scene of the film which shows a temple priest's daughter, played by Nayanthara, offering namaz wearing 'hijab' before making biryani.
Poet Ashok Vajpeyi on Friday said he won't participate in a cultural festival as he was scheduled to because the organisers asked him not to read poems critical of the government. A spokesperson from the Rekhta Foundation, which is co-organiser of the session, denied his claim that he was being censored.
'People want to know the life led by those living in Pakistan.'
Safed is a lame attempt at social commentary, with terribly dull and thoughtless direction, observes Mayur Sanap.
The recently-retired ace Aussie fast bowler said he is weighing on the options of playing in the Twenty20 tournament coming up later this year.
The Zee group's demerged entity, Dish TV India got listed at Rs 113, on the Bombay Stock Exchange on Wednesday.
The Essel group would invest close to Rs 500 crore (Rs 5 billion) in the next five to seven years to expand operations under its education portfolio to take the number of schools to 300, a top company official said.
A police team from Chhattisgarh landed in Ghaziabad, Uttar Pradesh, on Tuesday morning to arrest a TV news anchor from his house over a case lodged against him for playing a clip of Congress leader Rahul Gandhi out of context. However, the Raipur police were obstructed by their Uttar Pradesh counterparts who took Ranjan along with them, they claimed.
What will your pick be from OTT this week?
The underperformance comes amid liquidity concerns in the non-banking finance companies space and Essel Group default news.