Bodhitree Multimedia Limited, a content production company, has announced the appointment of industry veteran Sudip Roy as Group Chief Revenue Officer and the launch of its new division, Bodhi Tree Ventures. The new division has been established as a dedicated business unit for digital content monetisation, focusing on building and managing IPs across platforms like […]
FuboTV, the sports-first live TV streaming platform, has announced the launch of multicultural content bundles intended to super-serve US consumers with international programming available in multiple languages. The multicultural bundles will be available as standalone plans as well as add-on packages to an English-language Fubo base plan. In an effort to serve the growing South […]
Titan OS, the Barcelona-based technology, entertainment, and advertising company, has announced a partnership with Zee Entertainment UK Limited to expand its content offering with the launch of the ZEE One channel, featuring localised feeds in German, French and English for 13 European territories. This partnership introduces ZEE One’s entertainment from the cinematic Mecca of Asia: […]
Subhash Chandra, chairman emeritus of Zee Entertainment, alleges the recent merger plan between Zee and Sony was deliberately scuppered by the Securities & Exchange Board of India’s (SEBI) chairwoman Madhabi Puri Buch. In hard hitting comments, Chandra said he was taking legal advice against Puri Buch as he is convinced that the “SEBI Chairperson is […]
Zee Entertainment Enterprises, now that its merger with Sony’s India channels is dead, is focussing on cutting costs and, in the words of MD Punit Goenka, is “chopping off anything that doesn’t yield a return on investment”. Those cost-cutting measures will include expensive sports rights some of which will be “economised”, he stated – as […]
The past few days have seen just about every Indian business newspaper reporting that Zee Entertainment Enterprises (ZEEL) was back in discussions with Sony’s India business about resurrecting their merger plan, valued at some $10 billion. Not so, saccording to ZEEL. India’s Economic Times reports that executives from both parties had meetings in Mumbai and […]
Most observers do not expect there to be any resurrection of the Zee merger with Sony’s India assets. Consequently Zee Entertainment says it is to examine and review its entire structure. The aim is to focus on those divisions and elements that are the most profitable. CEO Punit Goenka told analysts that he would be […]
The Zee-Sony merger cancellation dispute rumbles on. India’s National Company Law Tribunal (NCLT) issued a formal notice to Culver Max (formerly Sony Pictures Networks) on February 6th and has asked for a response in two weeks. The NCLT move comes in response to an application filed by Zee Entertainment Enterprises. Zee’s application, in essence, wants […]
Two important elements are keeping the Zee/Sony merger on the front pages of India’s business newspapers. The first is that Singapore International Arbitration Centre (SIAC) has rejected an emergency petition for arbitration to happen. The request was made by Sony. Zee, in response, says that it will now look for an Indian arbitration of the […]
India’s National Company Law Tribunal (NCLT), which has been closely involved in the Zee Entertainment and Sony merger negotiations, has accepted a Petition from a shareholder in Zee which calls for the merger to go ahead. The Petition from Mad Men Film Ventures, a shareholder of Zee Entertainment Enterprises (ZEEL), directing Sony Pictures Network India, […]