January 2024 – Page 12

75th Republic Day: Swiggy becomes first food delivery platform to reach Lakshadweep

Swiggy’s arrival opens new avenues for local businesses to thrive and for visitors to explore local flavours.

Swiggy will be introducing the convenience of food delivery to the locals while also ensuring tourists can experience food from the best local restaurants.

FICCI appoints Viacom18’s Kevin Vaz as chairman of FICCI media & entertainment Committee

In his current capacity, Kevin Vaz oversees the media company's broadcast business, film studio, merchandising business, live entertainment, and regional entertainment on Viacom18’s digital (OTT) platform.

Kevin Vaz joined Viacom18 in July 2023 as CEO – broadcast entertainment.

There is a reason why global brands are always interested in us: Punit Goenka

Zee Entertainment had said it has plans to invest these funds to enhance strategic flexibility to pursue growth opportunities in the evolving media landscape.

Zee MD and CEO, addresses employees, reinforces the strong business fundamentals of the company.

Walt Disney Co.’s India unit valued at $4.5 billion in Reliance merger

The NCLT on Feb 9, rejected the IPRS’s plea questioned the legality of the arrangement between Star India and Novi Digital Entertainment. (Representative Image: via Unsplash)

The current valuation at over $4.5 billion is significantly below Disney’s initial expectation of $10 billion.

Punit Goenka was worried Sony would start a witch hunt against him: Report

During the latest earnings call, Goenka said the arbitration proceedings in Singapore are continuing.

Sony was already a little wary of Goenka considering the accusation made on him for financial impropriety by the Securities and Exchange Board of India (SEBI), and Goenka was worried that Sony would start a witch hunt against him once the merger was complete, and they had access to Zee’s library of local entertainment content.

Zee’s $1.4 million dollar ICC TV rights deal with Disney Star falls through

As per the agreement, Disney Star would have licensed the TV broadcasting rights of the International Cricket Council (ICC) Men’s and under-19 global events for a four-year period to Zee. Disney Star would continue to have exclusive digital rights for its digital platform (Disney+ Hotstar). Zee will make staggered annual payments from CY24 onwards.

Ayodhya experience was completely surreal: Punit Goenka

“Yogi Adityanath and PM Modi made a point to prove to the world that we too can build the Vatican of this country,” Punit Goenka added.

Punit Goenka was seen participating in the Ram Mandir celebrations on January 22, coinciding with the day when Sony issued a merger termination notice, seeking a $90 million termination fee.

ZEE’s Punit Goenka: Sony ran out of patience

Punit Goenka addressed ZEE employees and spoke at length about the merger fallout and how it will not impact the company’s day to day business.

Punit Goenka addresses Zee employees; ensures no layoffs due to failed merger

Punit Goenka started his address about the failed Zee-Sony merger to employees with “Jai Shree Ram”. He also mentioned the Adani rumours.

MIB urges TV channels to provide accessible telecast for differently abled viewers during Republic Day celebrations

MSOs (Multi-System Operators) and HITS (Headend-In-The-Sky) operators are also instructed to ensure that LCOs with interconnection agreements submit the necessary details within the specified timeframe.(Representative image by Erik Mclean via Unsplash)

MIB has made the Republic Day celebration feed of DD News/DD Bharati available free of cost.