Former Netflix India executive Abhishek Vyas forms JV with Royal Family of UAE to launch content studio
"We are launching this studio, AVS Filmworks, in Dubai, in partnership with the Royal Office of HH Sheikh Ahmed Bin Faisal Al Qassimi. As a part of this collaboration, we will invest about $150 million in the Indian content business," Vyas said.
Hearing on a petition filed by Trilok Chand Jindal, the authorised representative of shareholders of Dish TV, seeking to restrain Yes Bank from voting at the December 30 meeting, the tribunal said it was "not inclined" to stay or interfere with the process.
Media distribution veteran Anuj Gandhi quits as IndiaCast CEO
A veteran in the media distribution space, Gandhi was instrumental in setting up IndiaCast in March 2012, and under his leadership, the company grew four-folds in the first five years, people close to development said.
Spider-Man returns to work despite threat from new villain Omicron
Cinema executives said last week has been one of the best for the exhibition industry with 'Spider-Man' and Telugu film 'Pushpa' bringing in audiences across the country and with Kabir Khan's '83' slotted for release on Friday, the industry is hoping for a big finish to the year.
ZEE-Sony merger could face legal hurdles
While ZEE managing director and chief executive Punit Goenka is hopeful of completing the merger in 8-12 months, experts said it may take more time as Invesco's petitions are pending in the Bombay high Court and the National Company Law Tribunal (NCLT), where the investor has sought an extraordinary general meeting of ZEE shareholders to vote on its requisition to remove Goenka.
Sony-Zee merger to bring immense value to both companies, shareholders: Punit Goenka
In a chat with Gaurav Laghate and Vinod Mahanta, Goenka, Ravi Ahuja (chairman of Global Television Studios at Sony Pictures Entertainment) and NP Singh (MD & CEO, SPN), discuss the contours of the merger and the way forward.
Is India the next hotspot for Crypto? : ET Catalyse Crypto Special (Episode 23)
ZEE and Sony sign definitive agreements to merge companies; Sony to own 50.86% stake
ZEE-Sony merger sealed; Sony to hold majority stake, promoter family to own 3.99% with an option to increase stake up to 20% from market
As part of the proposed merger, ZEE will merge into SPN and, after closing, the new merged company will be publicly listed in India. The closing of the transaction is subject to certain customary closing conditions, including regulatory, shareholder, and third-party approvals.
ZEE and Sony sign agreement to create India's second largest entertainment network
Sony to hold majority stake in the merged company, ZEE promoter family to own 3.99% with an option to increase stake up to 20% from market.
Dish TV promoter moves court for ownership of shares held by Yes Bank
The development comes at a time when Yes Bank, the largest shareholder in the DTH company, has already approached the National Company Law Tribunal (NCLT) seeking a direction to the Dish TV board to call an extraordinary general meeting (EGM) of the shareholders for a board reconstitution.
MX Player appoints Suresh Menon as the Content and Creative Head for MX Studios
15 Best Sites to Buy YouTube Views, Likes, and Subscribers
What Narendra Modi's Twitter breach tells us about hackers
As implausible as the hackers' message sounds, the entire incident — from exploit to outcome — tells us a lot about hacking culture and the variety of actors out there trying to break into computer systems.
Netflix India reduces prices across its streaming plans
The company has reduced its popular mobile plan to Rs 149/month from Rs 199/month. The basic plan now costs Rs 199/M instead of Rs 499/month, the standard plan stands at Rs 499/month instead of Rs 649/month and the premium plan is down to Rs 649/month from Rs 799/month.