Author: Kashmeera Sambamurthy

Prasar Bharati CEO Gaurav Dwivedi on the impact of public broadcasting | NCLAT to decide Meta’s plea on Jan 23

Prasar Bharati's Gaurav Dwivedi says, "The challenge of being a public broadcaster is to present a balanced narrative. The most important thing is to present the bare facts to audiences and let them take their own call."

Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.

NCLAT to decide Meta’s plea against CCI’s Rs 213.14 cr penalty on Jan 23

In early 2021, Meta had introduced a new privacy policy that required users to share their data with Meta. As per the new policy, Meta was allowed to collect more user date which included phone numbers contacts and details surrounding transactions. CCI had termed it as "abuse of dominant position" by WhatsApp. (Image Source: Unsplash)

Senior advocates Kapil Sibal and Mukul Rohatgi appeared for the court appearing, and during its course, they contended that the CCI had overstepped its jurisdiction by ruling on WhatsApp’s privacy policy.

The Hershey Company’s President & CEO Michele Buck announces retirement

In a note, Michele Buck shared, "As I approach my ninth year as CEO of The Hershey Company, I have shared with the Board my view that now is the right time to begin the transition to the company’s next leader and that I therefore plan to retire in the summer of 2026. This extended timeline will ensure a seamless leadership succession while allowing the company to maintain full momentum on our strategic priorities as we plan for our next chapter."

Before joining Hershey in 2005, Michele Buck served 17 years at Kraft/Nabisco in numerous senior positions and at the Frito-Lay division of PepsiCo.

TRAI releases recommendations on Regulatory framework for Ground-based Broadcasters

The terrestrially transmitted channels can be carried to multiple DPO networks simultaneously for re-transmission. Considering these developments, it is essential to establish an enabling framework to ensure that service providers can fully leverage technological advancements.

The framework for Ground-based Broadcasters shall be similar to the framework contained in the ‘Guidelines for Uplinking and downlinking of Satellite Television Channels in India, 2022’ for traditional satellite-based broadcasters.

Network18 reports Rs 1,360.5 crore consolidated revenue in Q3

Network18 Media & Investments owns 20 news channels across 16 languages, including CNBC TV18, CNN-News18 and four online platforms, such as moneycontrol, Firstpost, etc.

On a standalone basis, Network18 Media & Investment’s revenue from operations was at ₹476.41 crore for the quarter and its profit was at ₹3,431.94 crore, helped by exceptional gains.

Criteo appoints Michael Komasinski as CEO

Komasinski brings over two decades of experience in AdTech and building brand and retail relationships globally. He has consistently demonstrated the ability to achieve exceptional results at global organisations, leveraging technology-driven strategies to drive profitable growth while cultivating an inclusive work environment.

Michael Komasinski will succeed Megan Clarken who is retiring and will be stepping down from her role as CEO and from the Board. Clarken will serve in a senior advisory role to ensure a smooth transition.

PhysicsWallah appoints Ajinkya Jain as Group General Counsel

Ajinkya Jain, who began his career as an article trainee at R.a.Daga & Co, and then went on to work across Professional Study Circle, CAPS education, Sugar & Power Company, Future Generali India Insurance Company, PharmEasy, and Games 24x7.

Ajinkya Jain, previously led Snapdeal as group company secretary and legal.

Wavemaker’s Ajay Gupte on AI innovation and the future of Connected TV

"We also have a platform called WPP Choreograph where we are able to customise creatives based on the audience profile," highlighted Ajay Gupte, chief executive officer, South Asia, Wavemaker.

As the CEO of Wavemaker South Asia, Ajay Gupte reflects on the agency’s successes in 2024 and unveils his vision for the continued rise of AI and connected TV in 2025.