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BARC India appoints Nielsen's Dolly Jha as Chief of Product & Research
Dolly Jha joins BARC from Nielsen Media India, where she was the managing director. At Nielsen, she led large audience measurement mandates for multiple industry bodies. She has also steered the launch of various industry-first solutions in the digital measurement space in India. She has worked extensively with broadcasters, agencies, and publishers and strongly believes in a collaborative team spirit.

PVR Inox ready with Rs 700-crore plan to set up new screens, retrofit old ones
PVR Inox is set for aggressive expansion at a time when the cinema business is regaining its mojo after the long pandemic break, a ToI report quoted Ajay Bijli, MD of PVR Inox, as saying.

Shemaroo to invest Rs 75 cr to expand TV, OTT businesses
Media company Shemaroo Entertainment plans to spend ?75 crore in FY24 to bolster its broadcast and over-the-top (OTT) businesses, a senior company executive told ET. The company had invested ?55 crore in the two streams in FY23.

NCLT directs NSE, BSE to 'reassess' approvals for Zee-Sony merger
The division bench, headed by judicial member HV Subba Rao and technical member Madhu Sinha, will now hear the case on June 16. In its May 11 order, the NCLT has instructed the exchanges to reassess and validate the non-compete clause of the merger, which had previously received approval from both the exchanges and the Securities and Exchange Board of India (Sebi).

Nielsen launches its digital content ratings solutions in India
Providing census-level data of an online property’s digital audience, DCR data will enable media publishers and agencies to understand digital content consumption and engagement at a daily level on media publisher properties across multiple mediums, such as websites and apps, mobile devices, computers, and tablets.

Mirchi Plus rolls out digital audio series 'Purane Khat'
Entertainment Network India Ltd (ENIL), which owns city-centric music and entertainment brand Mirchi, has launched its latest audio series, 'Purane Khat', on its digital platform, the Mirchi Plus app.

Staying ahead in hyper-competitive market requires investing in cutting-edge technology, says Zee Entertainment Enterprises CTO
ZEE is a media company that is focused on leveraging cutting-edge technologies to deliver personalised content experiences to global audiences in the face of the COVID-19 pandemic. The pandemic has increased demand for digital channels and streaming services, presenting an opportunity for growth and innovation in the media and entertainment industry. ZEE is investing in advanced analytics and machine learning capabilities, leveraging cloud-native technologies and services, exploring new revenue streams through partnerships and collaborations, and investing in new content formats such

Meta's pricey bet on AI comes with new custom chips, coder tools
On Thursday, the Facebook owner unveiled a slew of new technologies, including a new chip developed in-house to help train AI faster, and a tool that helps coders get suggestions for how to build their products. The company is also revamping its data centers to make it easier to deploy AI technology.

Sony-Zee merger expected to get completed by end of H1 FY24: Sony Corp CEO
The anticipated merger between Sony Pictures Networks India (SPNI) and Zee Entertainment Enterprises Limited (ZEEL) is expected to be completed by the first half of the current fiscal year ending March 31, 2024, Sony Corp CEO Kenichiro Yoshida said during the company's annual corporate strategy meeting on Thursday.

Connected TV ecosystem gets big boost from free IPL streaming
"We are seeing an uptick in the reach of connected TVs this year. At the end of five weeks, CTVs will have over twice the reach of HDTVs. We also made IPL streaming free for all network subscribers this year. The removal of a paywall extended our reach," Viacom18 Sports CEO Anil Jayaraj told ET.

Disney Star Network breaks IPL TV viewership records, adds 2.1 cr new viewers in a week
With the new additions, the tally of total live broadcast viewership has gone up to 47.14 crore after 57 games, which is the highest in IPL history at the same stage, the company stated.

NDTV to seek nine news channel licences from MIB
NDTV plans to launch nine news channels in different Indian languages in phases. This is the first major expansion of the network after coming under Adani Group's control. Currently, NDTV owns and operates the English news channel NDTV 24x7, the Hindi news channel NDTV India, and the business news channel NDTV Profit. Apart from English and Hindi, the other key language markets for TV news broadcasters are Marathi, Bengali, Tamil, Telugu, Malayalam, and

Indians spent 6.1 trillion minutes on online videos, says report
The Indian online video sector amassed an impressive 6.1 trillion minutes of consumption during a 15-month period spanning January 2022 to March 2023. YouTube had the lion's share of online video consumption in India, with 88%. The premium video-on-demand (VOD) category increased its viewership share to 12% for the 15-month period, compared with 10% in 2021.

Insolvency plea on Dish TV's promoter group company scrapped
Former Dish TV chairman and MD Jawahar Goel, along with his family, is a promoter of Dish TV. Goel is Essel Group chairman Subhash Chandra's younger brother. The plea was filed by the debenture trustee on behalf of Franklin Templeton Asset Management (India) Pvt Ltd, which had acquired non-convertible debentures of nominal value of ₹425 crore issued by Essel Infraprojects Ltd in 2015.

Higher F&B revenue of little help to multiplexes if movies fail to impress
The share of food and beverage (F&B) revenue in the total revenue generated by key multiplexes has been increasing amid falling footfalls and rising prices of such items. However, they may not be able to raise prices further if the footfalls fail to show an uptick. This is largely because of lower footfalls and advertising revenue. Between FY20 and FY23, the number of admissions and advertising revenue in PVR fell by 16.6% and 31% respectively.

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