As the battle for eyeballs intensifies in the highly-competitive Over The Top (OTT) media industry, ZEE5, a new player in the OTT space, said it will launch over 150 original content in the next 18 months aimed at monetising the growing demand for premium content in the country.
Prime Minister Narendra Modi’s Independence Day speech will be available on the Google homepage with public broadcaster Prasar Bharati tying up with the American tech giant for livestreaming the event.
A new broadcast online mobile app – YouWe — enabling users to send text, images, video and audio clips to large number of followers has been launched.
The Asia-Pacific Institute of Broadcasting Development (AIBD) on Friday elected Fayyaz Sheheryar, Director-General of All India Radio, as its new President. This is the first time India has been elected for the position of president of AIBD.
The Supreme Court today refused to interfere with a Delhi High Court order granting bail to Karti Chidambaram, son of former Union minister P Chidambaram, for alleged financial irregularities related to INX Media.
Alphabet Inc’s YouTube is creating scripted series and other original programming for international markets including France, Germany, Japan, Mexico and India to try to draw new customers to its paid subscription service, a senior executive said on Friday.
Strong penetration in regional languages and revival of ad spends by companies post GST have aided Zee Entertainment in the June quarter. The company met market expectations and reported YoY revenue and profit growth of 15 per cent and 31 per cent respectively in the first quarter of FY19.
Shares of Zee Entertainment slumped to an 8-month low, and the chart indicates more downside. The stock fell as much as 1.99 per cent to Rs 523, its lowest since November 10, 2017.
Essel Corporate LLP (formerly AIIore Enterprises LLP) has informed the stock exchanges that it proposes to acquire 1.5 crore shares, or 1.56 per cent, of Zee Entertainment Enterprises Ltd (ZEE).
The Competition Commission of India (CCI) has imposed a penalty of ₹23 crore on two companies for rigging bids in tenders for sports broadcasters.