Balaji Telefilms has been focused on strategic cost rationalizing across business segments, especially the Group’s digital business (ALT Digital).
Category: Television
Avg. ad volume per channel per match surged by 20% in IPL 17 compared to IPL 16: TAM
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
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
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.
Prasar Bharati to increase DD Free Dish slots next year
The pubcaster is getting a new transponder to increase the number of slots as the demand remains high.
CTV AdEx soars as brands increase investment by 30-40 percent in last two years
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
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.”
Disney to sell its 30% stake in Tata Play to Tata Group
The transaction values Tata Play at about $1 billion.
M&E stakeholders urge TRAI to exclude OTT, online gaming and music from Broadcasting policy
Media and entertainment industry stakeholders have asked TRAI to limit its recommendations on the National Broadcasting Policy to matters within the broadcasting sector.
ZEE’s Punit Goenka: We have to be frugal, make sure of buying right content at the right price
During the Q4 FY24 earnings call, ZEE’s MD and CEO, Punit Goenka said that the need of the hour is to pivot to business to achieve balanced cost structure in order to achieve sustained long term growth.