Media – Page 212 – storyboard18

Radio advertising sees 7 percent growth in ad volume during July-September quarter: TAM

Recognizing the complexity of the existing system, the MIB has taken steps to streamline regulations.

Kedia Homes, LIC Of India, Maruti Suzuki India, Vishnu Packaging and SBS Biotech were the leading advertisers in the period.

Zee Sony Merger: ZEEL and Sony get one month extension to close $10 billion merger

After the deal was terminated in January, Zee apparently has reached out to the Sony executives to reconsider the termination and has also offered for talks this month.

The one-month grace period starts December 21, the initial deadline for the merger.

The Press and Registration of Periodicals Bill, 2023 passed in Lok Sabha

Thakur said, “4 lakh crore sale happened of local items. This happened after PM appealed for ‘Vocal for Local’ and he asked people to buy local products. This shows how much people consider PM.” (Image source: official website - anuragthakur.in)

The bill aims to replace the current Press and Registration of Books Act, 1867.

Zee-Sony Merger: Is Punit Goenka’s leadership giving Sony cold feet?

The companies will also withdraw the respective Composite Schemes of Arrangement from the NCLT and inform the relevant regulatory authorities.

Sony agreed to discuss Zee’s deadline extension request. Upcoming NCLAT decision and SEBI investigation critical for deal.

Lok Sabha passes Indian Telecommunications Bill 2023

Unregistered machine-to-machine service providers to register by month-end, says DoT. (Representative Image: Chris Anderson via Unsplash)

The primary aim of the bill is to replace the current regulatory framework governing the telecommunications sector, which is the Indian Telegraph Act of 1885, the Wireless Telegraphy Act of 1933, and the Telegraph Wires (Unlawful Possession) Act of 1950.

Zee-Sony Merger: Sony agrees to discuss merger deadline extension

After the deal was terminated in January, Zee apparently has reached out to the Sony executives to reconsider the termination and has also offered for talks this month.

Zee’s deal with Sony aims at forming a $10 billion media conglomerate.

ShareChat Layoffs: Social media company cut about 800 employees in 2023

Following these departures in January, the company’s headcount will stand at about 500—significantly lower than its peak of nearly 2,800 employees just a few years ago.

ShareChat’s latest round of lay-offs include about 200 employees, amounting to 15 percent of its current workforce.

Centre’s print media ad expenditure hits Rs 967.46 crore from 2019 to 2024

Cars was the top category with 7% share of ad space in Jan-Mar’24. (Representative image by Bank Phrom via Unsplash)

MIB minister Anurag Thakur, Information and Broadcasting Minister said as of March 31, 2019, 1,19,995 periodicals which include newspapers, were registered with the Registrar of Newspapers for India (RNI).

Zee-Sony merger: Deadline extension in limbo as talks continue

The statement clearly said that though SPNI has been engaged in discussions in good faith to extend the End Date but the Discussion Period has expired without an agreement upon an extension of the End Date.(Image source: Moneycontrol)

On December 17, immediately after their AGM on December 16, Zee Entertainment Enterprises Ltd. formally requested an extension to the merger deadline in a stock exchange filing.

Zee-Sony merger at crossroads: Leadership issues and deadline-extension request cast doubt

The companies will also withdraw the respective Composite Schemes of Arrangement from the NCLT and inform the relevant regulatory authorities.

ZEE seeking deadline extension for merger amid leadership ambiguity has added another layer of complexity to the deal with Sony aimed at forming a $10 billion media conglomerate.