Disney Star is mulling legal actions against Zee Entertainment for backing out from a $1.4 billion sub-licensing agreement for TV broadcast of international cricket matches in India, according to industry sources. This could brew another legal trouble for Zee Entertainment Enterprises Ltd (ZEEL), which is already facing an arbitration plea by Sony Group at the Singapore International Arbitration Centre, claiming $90 million for breach of conditions of their merger agreement. Disney Star, an Indian subsidiary of media conglomerate The Walt Disney Company, is working on its strategy over the development, said industry sources.
Perhaps Kay Kay Menon should choose his projects carefully, instead of wasting his talent like this, observes Deepa Gahlot.
Enchanted rings, talking teddy bears and arranged marriages of the phony kind, hijack horror and more on OTT this week.
The regulator said violations could not be established against the company.
Stocks of companies where promoters have pledged a high percentage of shares, like the Zee group, can be volatile. Such stocks are also prone to rumours, reports Sanjay Kumar Singh.
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.
Debt funds have exposure of nearly Rs 8,000 crore to Zee group papers. Aditya Birla MF, HDFC MF, Franklin Templeton MF, and ICICI Prudential MF have the highest exposure, reports Samie Modak.
Zee Network (UK) has launched a Gujarati channel to showcase the best of South Asian entertainment to viewers.
Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) will replace IT major Wipro in the 30-share BSE Sensex from June 24, according to an official announcement on Friday. This marks the first inclusion of any Adani Group firm in Sensex. The group has 10 listed firms with a combined market valuation surpassing Rs 17 lakh crore.
Indian IM Divya Deshmukh alleges sexism by spectators at Tata Steel Masters in Wijk Aan Zee
The Supreme Court dismissed a petition by Zee Telefilms Ltd., contesting the cancellation of telecast rights.
Zee TV is expected to start airing its programmes in China as soon as it gets the downlinking rights.
Arjun Menon gives us a preview of what the Manorathangal series will offer us.
There was so much glamour on the red carpet at the Zee Cine awards held in Mumbai on Sunday, March 10!
Rautu Ka Raaz is a dragged-out slow burner of a film that just fails to ignite, sighs Mayur Sanap.
Sukanya Verma gives you some great options to choose from.
Make time for this one, you will be in for a pleasant surprise like I was, endorses Mayur Sanap.
May offers a mix of original Web series and digital movie premieres on OTT.
'I think because India is a bigger country and Bollywood is such a well-oiled machine, the star thing has become so much bigger than the actor thing.'
Sukanya Verma gives you some great options to choose from.
Fantasy and road trips rule OTT this week. Sukanya Verma gives you options to take your pick from.
There are elements that make this show entertaining, and if you haven't seen the original show, the concept is wild enough to keep you hooked, notes Mayur Sanap.
Sunil Khanna, the chief executive officer of Zee Turner, has been named as the new president of Subhash Chandra-promoted Zee Telefilms Ltd.
In a landmark deal announced in Mumbai, Star Den Media Services Pvt Ltd and Zee Turner Ltd will form a joint venture to combine distribution of their respective channel bouquets in India.
Madhabi Puri Buch, the first female chairperson of Sebi, doesn't plan to rest on her laurels in her third and final year in office and has set out an ambitious goal, such as moving towards a same-day and instantaneous settlement cycle for the secondary market.
Media company Zee Media Corporation Limited on Tuesday vehemently rebutted the allegations in the defamation civil suit filed by India captain Mahendra Singh Dhoni in the Madras high court, where he alleged Zee News of telecasting "malicious" news about him.
The Essel group founder, Subhash Chandra has settled 91.2 per cent of his debt with 43 lenders, and the remaining dues are in the process of being paid. "I am happy to report that we have come out of the financial stress situation by settling 91.2% of our total debt to 43 lenders in 110 accounts. "About 88.3% of the amount has been paid, while the remaining 2.9% is in the process of being paid. "We are making all the required efforts to settle the remaining 8.8% of our total debt.
Broadcast tribunal TDSAT on Monday came down heavily on Zee-Turner for not providing its channels to Tata Sky, a direct-to-home service provider and ordered that the channels should be made available by this evening.
The bail pleas of two Zee News channel editors, arrested for allegedly trying to extort Rs 100 crore from a Congress MP Naveen Jindal's group firm for not telecasting reports linking it to coal block allocation scam, were dismissed on Monday by a Delhi court.
From damsels versus dragons to showbiz shenanigans, ready to catch all the action on OTT this week?
Sony Picture Network India (SPNI) management is committed to long-term growth in India and the company will actively explore new organic and inorganic possibilities to strengthen its presence in the country, company managing director and CEO, NP Singh told employees. In a letter, two-days after the calling off of the $10 billion merger deal with Zee Entertainment, he asked employees to focus on current projects, with an immediate goal to unleash the company's full potential, continuing to craft content that not only engages audiences but also boosts subscriber growth and revenues. "As we close the chapter on our proposed merger with ZEEL (Zee Entertainment Enterprises Ltd), I want to take a moment to talk to you - not just as your CEO but as someone who has been on this journey with you.
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