Punit Goenka was worried Sony would start a witch hunt against him: Report

In line with his strategic plan focused towards achieving the targeted goals, ZEE's MD and CEO Punit Goenka proposed the implementation of a lean and streamlined management structure to the Board on April 5. The streamlining process included rationalisation of the workforce by 15 percent.

Sony was already a little wary of Goenka considering the accusation made on him for financial impropriety by the Securities and Exchange Board of India (SEBI), and Goenka was worried that Sony would start a witch hunt against him once the merger was complete, and they had access to Zee’s library of local entertainment content.

Zee’s $1.4 million dollar ICC TV rights deal with Disney Star falls through

ZEE Media, through IDPL, to invest in NewsReach which calls itself a "PR solution platform provider connecting advertisers to their target audience."

As per the agreement, Disney Star would have licensed the TV broadcasting rights of the International Cricket Council (ICC) Men’s and under-19 global events for a four-year period to Zee. Disney Star would continue to have exclusive digital rights for its digital platform (Disney+ Hotstar). Zee will make staggered annual payments from CY24 onwards.

MIB urges TV channels to provide accessible telecast for differently abled viewers during Republic Day celebrations

MSOs (Multi-System Operators) and HITS (Headend-In-The-Sky) operators are also instructed to ensure that LCOs with interconnection agreements submit the necessary details within the specified timeframe.(Representative image by Erik Mclean via Unsplash)

MIB has made the Republic Day celebration feed of DD News/DD Bharati available free of cost.

Two-thirds of viewers willingly watch ads if it means receiving free, high-quality content: Amagi report

TRAI had floated a pre-consultation paper on 21st September 2023, to highlight the issues which are required to be considered for the formulation of ‘National Broadcasting Policy’.

APAC is the only region that shows a three-digit growth in both analyses (Q3 2022 vs. Q3 2023 and Q4 2022 vs. Q4 2023) across HOV (145 percent in Q3 and 130 percent in Q4) and ad impressions (281 percent in Q3 and 352 percent in Q4).

Saudi Arabia gets its first alcohol store; set to open in Riyadh

Strategic International Brands are in very strong growth, notably Jameson, Absolut and The Glenlivet. The company also saw Good growth on Seagram’s whiskies. Pernod Ricard sait it expects strong growth in H2. (Representative image by Adam Wilson via Unsplash)

Saudi Arabia to introduce its inaugural alcohol store in Riyadh, exclusively to cater to non-Muslim diplomats. This shift comes as part of the Vision 2030 initiative.

Shark Tank India: Why is Zomato’s Deepinder Goyal being called a “soft Ashneer Grover”?

He also said that his employees voluntarily took pay cuts during the pandemic to help maintain cash flow in the business, highlighting the importance of establishing a good work culture. (Image sourced via Forbes India)

The new Shark Deepinder Goyal of Zomato pointed out the lack of attention to details and grammatical errors during the pitch by WTF fitness, and fans took to social media to praise him.

Rolls-Royce launches its luxury EV Spectre in India at a starting price of Rs. 7.5 crore

Rolls-Royce's determined vision includes transitioning to an all-electric vehicle collection by the end of 2030. (Image sourced via Rolls Royce website)

The Spectre, which was unveiled at a launch event in South India, attracted attendees with a striking ‘Chartreuse’ (greenish-yellow) colour that added another layer of distinction to its presence.

Advertisers were never too excited about the Zee-Sony merger, say media planners

The Singapore International Arbitration Center is the first Asian arbitration institution to offer this process and has received over 130 applications since 2010 for the appointment of an Emergency Arbitrator. (Image source: Moneycontrol)

Advertisers were never too excited about the merger and media buying firms anticipated limited ad revenue boost, say industry executives.