Media – Page 132 – storyboard18

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).

Jagran New Media appoints Anuj Bhasin as chief revenue officer

Anuj Bhasin started his career at Zee Entertainment Enterprise and went on to work across Eicher Motors, HT Media, Network18 and Elevation Capital.

Anuj Bhasin, previously led ESPN as director.

ZEEL to consider raising funds on June 6

In an official communication addressed to the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), ZEEL confirmed that the appellate tribunal upheld the NCLT's order.

The conglomerate has not specified the amount it plans to raise.

MIB’s Sanjay Jaju: Around 25% of broadcasting today happens through DD Free Dish

Initially the coverage of DD Free Dish was limited to Himachal Pradesh, Chhattisgarh, Karnataka, Madhya Pradesh, Rajasthan, Uttaranchal, North East Region and Gujarat i.e., where the percentage of TV broadcasting services coverage was below national average. At present, coverage of DD Free Dish services is throughout the Indian territory except Andaman and Nicobar Islands.

Noting how the mutual co-existence of the public and private sectors is an integral part of the development of the broadcasting sector, the Secretary of Ministry of I&B, Sanjay Jaju, shared that DD Free Dish today reaches more than five crore people.

SC mandates self declaration by advertisers, ad agencies before releasing ads; MIB activates declaration portal

As part of the long-term vision for nurturing creative talent, a Memorandum of Understanding was signed between the Ministry of Information and Broadcasting (MIB) and the Maharashtra government.

Ministry of Information and Broadcasting (MIB) will activate the self-declaration portal on June 4, 2024. No ads will be permitted to run on TV, print media, or the internet without a valid Self-Declaration Certificate.

Doordarshan to telecast T20 World Cup matches

Doordarshan has reached an understanding with leading global sports bodies like NBA and PGTA for showcasing their content on DD Sports. NBA’s popular e-sports property NBA 2K League matches are telecast on DD Sports Channel.

Prasar Bharati is in advanced stages of negotiations with different sports bodies and agencies to showcase different sports leagues and properties on its sports channel.

‘Not considering partnering up, at present’: Subhash Chandra

SEBI has been investigating the alleged fund diversion by Chandra and his son Punit Goenka.

ZEEL Chairman Emeritus, Subhash Chandra addressed Storyboard18’s query about mergers in the media industry.

Ola Electric to layoff 400-500 employees ahead of upcoming IPO

Some of the laid off employees will be replaced with new hires at lower costs but the overall number is going to decrease.

The total number of employees that will be laid off is subject to change as the leadership is currently determining the scale of layoffs that will affect various departments.