Sony channels ‘unappealing and irrelevant’, says Hathway and disconnects them

Spats over prices are an inescapable phenomenon in the broadcasting industry and by the looks of it Sony and Hathway Cable and Datacom are gearing up for yet another battle. Hathway said Sony, via its distributor MSM Media, has been demanding exorbitant prices for its channels for letting it renew its distribution agreement. “The Subscription […]

NDTV Gadgets valued at Rs 325 cr; investors include Paytm

NDTV has finally announced that it has raised an unspecified amount of money by selling stake in its NDTV Gadgets portal. The investments have been made after valuing the unit at $50 mln (around Rs 325 cr). Interestingly, that amount is close to almost half of the value of the parent firm’s shares — which […]

Zee enters the English News market, takes on Times Now, NDTV

Putting an end to much speculation, Zee Media Corporation — the news arm of the Zee Group — today announced its intention to enter into English News Broadcasting with the appointment of Rohit Gandhi as Editor-in-Chief – English News Broadcast and Related Content. Zee had been expected to make this announcement for almost a year. […]

Essel Group Middle East acquires Potash Mines in Eritrea

Essel Group Middle East (EGME) has acquired the Bada Potash Exploration License, located in Danakil Depression, Eritrea via its subsidiary Interu Mining and Trading. Earlier this year, EGME had also acquired oil reserves in the sub-Saharan region. Essel Group is the promoter of Zee Entertainment, and is headed by Subhash Chandra Goel. The group’s primary […]

Sony’s Bravia Android TV could become cheaper as local manufacturing starts

Sony India started manufacturing of its BRAVIA television in India under a contract-partnership with Competition Team Technology (India) in Sriperumbudur, Tamil Nadu. To begin with, Sony will start manufacturing two models, both Android TVs in the initial phase. The first shipment commences from today, 4th August 2015. The move is likely to make the TVs […]

Govt partially allows sale of radio stations by TV Today to ENIL

TV Today Network Ltd said the government of India has allowed the sale of its FM radio stations in in Amritsar, Jodhpur, Patiala and Shimla, but rejected the sale of stations in Delhi, Mumbai and Kolkata. The three applications were rejected as Entertainment Networks India Ltd (ENIL) already has radio licenses in those cities. In […]

Zee Cinema to show different ads in different states using geo-targeting

Zee Cinema will use technology from Amagi Media Labs to geo-target advertisements, or show different ads in different areas. “Zee Cinema will now give advertisers targeted access to over 158,600,000 viewers and coverage across 16 markets where Amagi has the capability to deliver geo-targeted content,” Amagi said. The 16 markets are Delhi-NCR, UP, Punjab, Rajasthan, […]

Zee Entertainment acquires Orissa’s biggest GEC channel Sarthak TV

Zee Entertainment Enterprises Ltd agreed to acquire 100% equity stake in Sarthak Entertainment Pvt Ltd which operates ‘Sarthak TV’, the number 1 GEC in Odia language. “The acquisition shall be from current shareholders of Sarthak Entertainment Private Limited, subject to requisite regulatory approvals, as an all-cash deal at a consideration of maximum of Rs. 115 […]