July 2024 – Page 21 – storyboard18

Sports For All appoints Kumar Darpan as its first Chief Revenue Officer

Darpan will be the first CRO of the SFA

Kumar Darpan has nearly two decades of expertise in media and entertainment across diverse regions specialising in monetising TV and OTT platforms

Q1FY25: Network18’s TV news revenue jumps 14%, Digital news business records 34% growth

The Digital news business of Network18 recorded a massive growth of 34% in Q1FY25. It registered a total revenue of Rs 109 crore as compared to Rs 81 crore for the same quarter in FY24.

The network’s national, business and regional TV news channels delivered a solid performance, registering 30% advertising growth during the quarter.

SpiceJet appoints Joyakesh Podder as Dy Chief Financial Officer as CFO Ashish Kumar resigns

SpiceJet to induct 10 aircraft by next month

Joyakesh Podder is a Chartered Accountant with over 30 years of experience in organizations such as Reliance, PwC, Go First, Mahindra, etc

DB Corp’s net profit grows 49.7 percent y-o-y in Q1FY25

DB Corp's ad revenue grew by 1 percent to Rs 829 crore in 1H FY25 .(Representational image via Unsplash)

Home to flagship newspapers such as Dainik Bhaskar, Divya Bhaskar, Divya Marathi and Saurashtra Samachar, DB Corp, has reported an 8.4 percent growth in its advertising revenue to Rs 4,277 million for Q1 FY2025.

Loco’s AVOD model fails, will it bounce back?

Loco has previously partnered with major publishers like Krafton, Activision, Ubisoft, and Riot Games, as well as global entities like the NBA and FIFA.

The platform has raised a total of $51 million in funding, including a $42 million Series A round in 2022 led by Hashed, with participation from Makers Fund, Catamaran Ventures, and Korea Investment Partners. Investors from the company’s seed round, such as Krafton, Lumikai, and Hiro Capital, also participated in this funding round.

ZEEL to raise $239 million through 10-year Foreign Currency Convertible Bonds

In rupee terms, the total fund raise amounts to Rs 1,997 crore.

EXCLUSIVE: DD Free Dish pushes to double subscriber base; to focus on premium households

The participation fee for MPEG-2 slots is Rs 1.50 crore while of MPEG-4 slots is Rs 3 Lakhs.

In May, Prasar Bharati announced plans 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.

Mark Szulc on how Adobe is streamlining brand asset management

Mark Szulc, Principal Product Manager and Regional Evangelist (APAC), Adobe

Mark Szulc, Principal Product Manager and Regional Evangelist (APAC) at Adobe discusses specific challenges that Content hubs’ integration with AEM assets aims to address for brands managing large volumes of creative assets

DViO secures marketing mandate for Attero

The strategy by DViO will also focus on scaling its Extended Producer Responsibility (EPR) and ITAD services, creating demand for green metal, e-waste acquisition from both corporate entities and end consumers, and promoting lithium-ion battery recycling and the demand for Attero's recycled materials.

As part of the mandate, DViO will develop and execute a comprehensive digital growth strategy for Attero- the electronic waste and battery recycling company.