The News Broadcasting and Digital Standards Authority (NBDSA), the India broadcasting regulator, has fined three prominent news channels alleged to have been carrying content “that promotes hatred and communal disharmony, deemed to be in violation of broadcasting standards and ethics guidelines.” The channels are News18 India, Times Now Navbharat and Aaj Tak. They have been […]
India’s Prime Minister Narendra Modi is to lay the foundation stone for construction of the new facility on February 28th which will come up in an area of 2,233 acres in Padukkapathu, near Chennai in Tamul Nadu. India’s government has completed land acquisition for the ambitious project which will be built at a cost of […]
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 […]
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 […]
JioCinema has announced a partnership with Celebrity Cricket League (CCL) that will se the India streaming platform exclusively live-stream Celebrity Cricket League Season 10. Spread over four weekends, and with 20 matches that appeal to a wide audience cohort beyond cricket fans, the tournament will stream from February 23rd, exclusively on JioCinema. Launched in 2011, […]
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, […]
The fallout from the collapsed $10 billion merger between Zee Entertainment and Sony’s India broadcasting interests (Bangla Entertainment) continues to have serious ramifications. Both sides have said that litigation will commence, and Sony already has an arbitration claim filed in Singapore claiming $90 million of what it alleges are contractual obligations from Zee. However, Subhash […]
SPI International, a Canal+ company, has announced its partnership with NXTDIGITAL India to launch the Dizi channel and the FilmBox+ streaming service. Subscribers now have the opportunity to enjoy Turkish drama series with Dizi, in Hindi. Accessible as a linear channel through the VAS Bouquet package and available on-demand via the FilmBox+ platform, viewers can […]
Punit Goeka, CEO at Zee TV, addressed all staff on January 25th and updated them about the merger fallout, saying there would be no impact on Zee’s day-to-day business. “It is time to move on as a team, more importantly as a family. The intrinsic value and fundamentals of Zee remain unmatched,” he commented. He […]