Balaji’s consolidated revenue at Rs 625 crore; Digital business turns cash positive

Crew staring Kapoor Khan, Tabu & Kriti Sanon released in March which subsequently released on Netflix in May. ‘Dream Girl-2" and ‘Crew’ earned more than 100 crores worldwide at box office.

Balaji Telefilms has been focused on strategic cost rationalizing across business segments, especially the Group’s digital business (ALT Digital).

Avg. ad volume per channel per match surged by 20% in IPL 17 compared to IPL 16: TAM

The report revealed that Parle Products topped in terms of advertising with 10% share during this year’s season, replacing Dream 11 (in the last season).

Ad volumes rebounded in the IPL 17 season after a 50% drop in IPL 16 over the previous year. Also, the categories, advertisers, and brands tally increased by 40%, 26%, and 21% respectively this season compared to the last season.

NCLT replaces resolution professional in insolvency case against Subhash Chandra

Under the Insolvency and Bankruptcy Code (IBC), 2016, RPs are appointed by the tribunal to carry on the financial affairs and process the claims against a person admitted to the insolvency resolution process.

The resolution professional was replaced after Chandra expressed lack of confidence. Chandra was “unable to gain confidence in the RP and the impression what he gathered is that the RP could not aptly comprehend and understand the vastness and intricacies of the complicated affairs as businessman, a philanthropist and as a public servant,” said the order

Sony looking at M&A options in India after Zee deal break: Tony Vinciquerra

In his new role, Janakiram will now report to Rajesh Kaul, Chief Revenue Officer of Distribution & International Business and Business Head of Sports Cluster.

During the company meeting, the CEO, SPE, shared that the merger deal between Sony Pictures Networks India (SPNI) and Zee couldn’t materialise due to regulatory issues. He also added that the company is still considering multiple candidates to replace its incumbent CEO, NP Singh.

CTV AdEx soars as brands increase investment by 30-40 percent in last two years

BARC has constantly been trying to make TV audience measurement more holistic. They already have close to 55000 home panels after adding 25000 new panel homes to their existing roster.

Free streaming of IPL on CTV has been a contributing factor in the growth of AdEx on the platform. According to experts, IPL has onboarded a host of BFSI, FMCG, service provider apps’ and household products’ brands as advertisers on CTV and having tasted the ROI on the platform, most of these categories are expected to linger and spend more.

Reliance and Disney seek antirust nod, saying their combined power will not hit advertisers

Reliance Industries has also assured that there would be no adverse impact on competition, as a result of the merger.

The Walt Disney Company said in a regulatory filing recently, “The Star India transaction is expected to close in the first half of calendar year 2025, subject to customary closing traditions, including regulatory approvals and government consents.”

M&E stakeholders urge TRAI to exclude OTT, online gaming and music from Broadcasting policy

Majority of the broadcasters and the members of the Indian Broadcasting and Digital Foundation (IBDF) oppose the TRAI's regulation requiring broadcasters to provide free channels on DD Free Dish to private distribution platform operators (DPOs).

Media and entertainment industry stakeholders have asked TRAI to limit its recommendations on the National Broadcasting Policy to matters within the broadcasting sector.