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ZEE president and group chief technology officer Nitin Mittal resigns
The board has decided to closely monitor the business model and plan presented by the MD & CEO of the company, wherein he has provided the roadmap to improve the performance and efficiency of each of the businesses to achieve higher EBITDA.

Alia Bhatt turns 31: Exploring her net worth and top-grossing films
Alia Bhatt, the celebrated actress of Indian cinema, marks her 31st birthday on March 15. Known for her versatile performances and stunning portrayals on the silver screen, Bhatt has carved a niche for herself in the industry.

Paramount to sell its remaining stake in Viacom18 to RIL
Paramount Global is set to sell its remaining 13.01% stake in Viacom18 to Reliance Industries for ₹4,286 crore, valuing the Indian media company at around ₹33,000 crore. The transaction is subject to certain customary conditions, including regulatory approvals. The transaction is also subject to the completion of the proposed joint venture involving RIL, Viacom18, and The Walt Disney Company's Star India.

Centre bans 18 OTT apps for obscene content
The ministry has also disabled 19 websites, 10 apps (7 on Google Play Store, 3 on Apple App Store), and 57 social media accounts associated with these platforms for public access in India.

InMobi nets 235 million active users on Glance lock screen
Having partnered with leading mobile device makers including Samsung, Xiaomi, Oppo, Vivo, Motorola, Realme and Jio, the company is on the path to appear on 1 billion lock screens by 2025 globally, chief business officer (CBO), Vasuta Agarwal said. Backed by Google, Jio Platforms and SoftBank, the Bengaluru-based advertising and consumer tech group has worked with 300+ brands across verticals and expanded operations in India.

Delhi High Court denies Bloomberg relief against order to take down 'defamatory' article against Zee
"A reading of the impugned order suggests that the learned ADJ applied his mind to the facts of this case and satisfied himself that prima facie there was enough material to come to the conclusion for the purpose of granting an ex-parte ad-interim injunction, otherwise the entire purpose of filing the application would have been rendered infructuous," said Justice Kaur in the order.

Tata Group considering buying Disney’s stake in Tata Play
The buyback discussions with Disney come after the American company signed a binding agreement in late February to merge its India unit with billionaire Mukesh Ambani’s media arm Viacom 18 Media Pvt., creating an $8.5 billion entertainment giant that will have 750 million viewers and dominate the sector in the world’s most-populous country.

Over 40 pc of real-money gamers in India from non-metro regions: Meta
Meta study in India shows gaming trends: 43% real-money gamers non-metro. 90% discover games on social media. Advantage+ ads enhance brands. Arun Srinivas views gaming as crucial in tech evolution. Consumers engage in daily gaming and switch to fantasy sports.

Comcast’s TV ad platform ties up with CereOne
FreeWheel, a Comcast-owned TV advertising platform, teams up with Mumbai's CereOne to extend its reach in India. They aim to aggregate connected TV (CTV) and digital video ad inventory across platforms, offering premium, brand-safe ads. With over 30 million CTV homes, they anticipate a surge mirroring the US and Europe.

OTT apps ban: I&B Ministry blocks 18 OTT platforms for publishing vulgar content
OTT apps ban: The Ministry of Information & Broadcasting (I&B) has taken action against 18 OTT platforms for publishing inappropriate and explicit content. As a result, 19 websites, 10 apps (7 on Google Play Store, 3 on Apple App Store), and 57 social media accounts associated with these platforms have been disabled in India.

Reliance to buy 13% of Paramount's stake in Viacom18 for Rs 4,286 crore
Reliance Industries has agreed to purchase Paramount Global's 13.01% stake in Viacom 18 Media for about Rs. 4,286 crore, as reported in a regulatory filing by RIL. This acquisition will increase Reliance's equity stake in Viacom18 to 70.49% on a fully diluted basis, up from the current 57.48% held via Compulsorily Convertible Preference Shares.

Pending poll umpire's decision delays closure of IPL ad deals
Advertising deals for this year's IPL are delayed due to lack of clarity over the schedule caused by the Lok Sabha elections. Companies seeking campaign-based advertising are waiting for more visibility on the schedule.

Audio streaming platforms bet on subscriptions model for growth
Music labels like Saregama, the biggest content supplier for audio OTTs, are helping these platforms pivot to a subscription after relying on the ad-supported model for years. As per a FICCI EY report, the OTT audio segment will grow from 7-8 million music streaming subscribers to 15 million by 2026 if prices remain unchanged and the industry aligns on incentivising users to pay.

UP govt subsidy is a blessing for filmmakers, Director Sarika Sanjot
“Initially I wanted to shoot my debut in Maheshwar but once I came to Varanasi, I immediately realized that it had to be shot here," Sarika said.

Imax inks strategic ticketing pact with BookMyShow
Imax Corporation and BookMyShow have formed a strategic partnership to enhance Imax's visibility. BookMyShow will promote Imax releases, starting with Dune: Part Two. Imax had its best year at the Indian box office in 2023, and plans to release more films in 2024.


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