On August 10, the Mumbai bench of NCLT approved the merger between ZEEL and Sony which eventually got called off in January 2024.
Author: Tasmayee Laha Roy
ZEE’s Punit Misra quits; second big head rolls after Rahul Johri
After Punit Goenka’s 20 percent salary cut, the other big head of Punit Misra rolls.
TRAI seeks public input on auctioning new spectrum bands for mobile services
This feedback will help TRAI formulate recommendations on factors like reserve price, band plan, quantum of spectrum to be auctioned, block size, and other auction conditions specific to these new bands.
Centre Court Capital announces Rs350 crore sports tech and gaming VC fund in India
Founded by former JSW Sports CEO, Mustafa Ghouse and anchored by Parth Jindal, the fund has raised Rs 200 crore to date.
Bob Iger wins shareholder vote, but Disney’s future still uncertain: Successor search and box office woes linger
While Iger has won the shareholder battle, Disney’s challenges still remain. Some of these would be reviving the movie business, finding Iger’s successor, and navigating the complexities of streaming profitability and ESPN’s online transformation.
Dream11’s parent Sporta Technologies is top advertiser for the first 7 IPL matches
The brand also launched an IPL special campaign last month. The ‘Team Se Bada Kuch Nahi’ campaign for IPL 2024, featured a long line of celebrities from Rohit Sharma to Preity Zinta, to Samantha Prabhu, Supriya Pathak, KL Rahul, Sanju Samson and Suneil Shetty.
IPL 17 kicks off with 4 percent surge in TV ad volume over first 7 matches
As per latest TAM data, Dream11’s parent company, Sporta Technologies is the top advertiser for the first seven matches of IPL 17, contributing close to 11 percent of ad volume.
Sony to focus on organic growth, amping market presence through strategic partnerships in FY25: NP Singh
According to plans mentioned in the newsletter, Sony is channeling investments into new shows, including those on Sony LIV as a part of its strategy emphasising on driving organic growth and amping market presence through strategic partnerships.
MCD removes over half a million political ads in Delhi before Lok Sabha elections
The advertisements removed by the Municipal Corporation of Delhi comprised hoardings, posters, banners, wall paintings, signages, and flags.
IPL 2024 viewership soars, sponsors take note
The viewership boom is attracting new sponsors, with the total count jumping from 30 to nearly 35 in just two weeks.