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Zee Entertainment promoters may sell up to 25% stake to a strategic partner
The promoters of Zee Entertainment Enterprises (ZEEL) are considering selling up to a 25 per cent stake to a strategic partner, according to informed sources.
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Shemaroo reports improved numbers for Q3 2019
BENGALURU: Indian media and entertainment content house Shemaroo Entertainment Ltd (Shemaroo) reported 12.3 per cent y-o-y increase in consolidated revenue from operations and 9 per cent y-o-y increase in consolidated profit after tax (PAT) for the quarter ended 31 December 2018 (Q3 2019, quarter or period under review) as compared to the corresponding year ago quarter.
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Vodafone Idea partners with Sun Nxt, widens bouquet of regional content
Telecom service provider Vodafone Idea Ltd. has announced a strategic partnership with Sun TV Network, the entertainment network from south India.
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Will FTA channels be advertisers’ best till TRAI's new tariff regime settles down?
The Telecom Regularity Authority of India’s (TRAI) new tariff regime, which will now come into effect from February 6, has hit the media plans of advertisers.
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Choosing Tata Sky’s new packs is a child’s play
Tata Sky, the content distribution platform, has launched a communication campaign to educate subscribers about the seamless process of changing packs according to the new pricing regime.
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RAM Ratings Week 2: Fever FM maintains lead in Mumbai and Delhi
In Week 2 of the RAM ratings, Fever FM retained its hold in Mumbai and Delhi, while Radio Mirchi and Radio City maintained leadership in Kolkata and Bangalore respectively.
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I&B Ministry’s ad hike move: Are private news players impressed?
The Ministry of Information & Broadcasting recently announced hike in the ad rates for private news channels offered by its Bureau of Outreach Communication (BOC) formerly known as DAVP. The change is based on the recommendations of the Eighth Rate Structure Committee of the MIB.
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Hungama Digital Media raises Rs 50 cr via rights issue
MUMBAI: Hungama Digital Media Entertainment has raised Rs 50 crore through a rights issue in FY18. Ace investor Rakesh Jhunjhunwala is a key investor in the company while Xiomi is a strategic partner.
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ZEEL’s Punit Goenka expects network share to grow further due to Zee Keralam
MUMBAI: ZEEL MD and CEO Punit Goenka has said that the company’s network market share has the potential to grow further from the current level of 20.2% in Q3 FY19.
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TRAI files application in Calcutta HC to vacate stay on tariff order roll-out
MUMBAI: The Telecom Regulatory Authority of India (TRAI) has filed an application before the Calcutta High Court to vacate the stay granted on the implementation of the new tariff order and regulations.