Tag: Media

Viacom18 acquires media rights for BCCI international and domestic matches

Last year, the Bombay High Court directed the BCCI to seek the opinion of the Supreme Court regarding the issue (Image source (from left to right): Moneycontrol and Unsplash)

Viacom18 Media Private Limited has acquired the media rights from September 2023 to March 2028 for a cumulative figure of INR 5,963 crores, subject to execution of definitive documentation and completion of formalities as required by BCCI, and other obligations specified in the ITT being completed.

BCCI Media Rights: Viacom18 trumps Sony; Emerging as a sports broadcasting juggernaut

Sports18 will air matches on television, with live streaming on the JioCinema OTT platform, drawing considerable ad investments from brands, according to media experts. (Image source: Twitter - @ipl)

Viacom18 will now be broadcasting an array of premium sports events including Team India’s home matches, IPL (digital), Women’s IPL, Olympics 2024, and more.

Garena announces launch of Free Fire in India

Yotta, a Hiranandani Group company, will provide the local cloud hosting and storage infrastructure for Free Fire India. (Representative Image: Sean Do via Unsplash)

Free Fire India will offer features and content specifically developed for Indian users, as well as a range of features designed to promote safe, healthy and fun gameplay.

Finfluencer scams back in action: Use fake messaging to lure consumers

The proposed overhaul of these laws comes amid a surge in applications from non-governmental organizations, trade bodies, and private firms seeking permission to use terms like “India,” “Commission,” “Corporation,” and “Bureau” in their names.

A few finfluencers have been under scrutiny for using fake screenshots of inflated and wrongly depicted profits to lure consumers into buying their finance courses and Telegram channel subscriptions.

Nazara Tech soars 8% on fundraising plans

Bengaluru is home to more than 40 unicorns valued at over $1 billion. (Representative Image: Annie Spratt via Unsplash)

This is the second time in two months that the company has opted to raise capital. In July, the company decided to raise funds through the issue of equity shares.

Zee Entertainment share drops 1% as Quant Mutual Fund offloads stake

Zee Entertainment stock has given a return of 36.07 percent over the last six months. (Representative image by Maxim Hopman via Unsplash)

Zee Entertainment stock has given a return of 36.07 percent over the last six months. The benchmark Nifty50 index has given a return of 11.81 percent over the same duration.

BCCI sets internal target of Rs100 cr per match for media rights auction

The grand finale of the tournament will be played at the Grand Prairie Stadium in Texas and will be live telecast in India on 29th July 2024. (Representative Image: Michael Weir via Unsplash)

BCCI will auction the media rights for TV and digital, for bilateral matches to be played in India for the next five years.