Cinepolis India to infuse Rs 1,500 cr for 500 screens
The company, which currently operates 350 screens in India, is way behind its initial target of reaching 500 screens by 2016. It is now looking at 400 screens by end 2018.
India is expected to be among the top 10 OTT video markets in the world in four years, and is growing at a CAGR of 23%, according to PwC.
Viacom18 rejigs top deck, Raj Nayak put in charge of advertisement sales
Among other changes, Nina Elavia Jaipuria, who was heading the kids cluster for the group, has been given additional responsibility of HME channels ‘Colors’ and ‘Rishtey’.
Viacom18 reshuffles top brass; Raj Nayak to oversee revenue for group
Manisha Sharma, who was heading programming for Colors, has been elevated to a newly created role of chief content officer, HME.
Eros elbows way into China through content licensing deal with iQiyi
Eros Now will license its catalogue of Indian movies, which Chinese viewers will be able to watch by October.
ZEE in talks with Jio to resolve deadlock over content pricing
The deal with Airtel also allowed ZEE to push ZEE5 to over 50 million Airtel TV app users with the option to bundle in subscription cost under Airtel TV’s plan.
Viacom18 gears up to launch Kannada movie channel
This will be Viacom18’s third Kannada channel after leading general entertainment channel Colors Kannada and youth focused channel Colors Super.
MMA league Kumite ties up with PVR & Sony for live broadcast
Budhwani has now partnered with broadcaster Sony Pictures Networks India (SPN) and multiplex major PVR to live telecast the fight night and has signed up Mike Tyson as face of the league.
No India cricket? No problem for Sony as it sets sight on broadcasting football
With the recent addition of the UEFA Nations League and EURO 2020, SPN will air more than 800 football games per year.
Carnival cinemas partners ZebraIoT to deploy energy saving solutions across cinemas
The IOT platform provides predictive equipment maintenance facility for managing energy, predicting equipment failure or detecting other issues.
Petition challenges Section 31 of the Copyright Act, Non-Voluntary Licences
The Lahari petition challenges the constitutional validity of Section 31 (1) B and 31 D of the Copyright Act 1957, as amended in the year 2012, sources said.
Star India rejigs Hotstar service to drive growth
Hotstar had received Rs 516 crore in funding in July from Star US Holdings, and has plans to increase investment in original content. The same month, Star India had named Nikhil Madhok as EVP and content head for originals.
Netflix, Amazon explore voluntary censorship
Top players in the video-on-demand (VOD) industry met in New Delhi on Tuesday to discuss the possibility and what such a code would entail.
Balaji Telefilms taps Yash Rajís Aashish Singh to lead movie business
"Aashish will have overall business responsibility for the movie business and will be reporting to Nachiket Pantvaidya, Group Chief Operating Officer," Balaji Telefilms said in a BSE filing.
WPP names Mark Read as new CEO
The 51-year-old executive has held multiple leadership positions across the company.