Tag: Media

Lok Sabha passes Indian Telecommunications Bill 2023

Some of the key provisions of the bill include the requirement for authorization from the central government for the establishment and operation of telecommunications networks, the provision of telecommunications services, and the possession of radio equipment. (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.

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

In January 2023, Mohalla Tech-owned ShareChat's co-founders Farid Ahsan and Bhanu Pratap Singh stepped down from executive roles at the company, a week after firing close to 600 employees. (Image source: Moneycontrol)

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

According to INS many newsprint mills, across the world as well as in India, have either suspended their operations or ceased newsprint production entirely, causing concerns about the continuity of supply of newsprint across the country. (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.

ZEEL names three new independent directors

In August 2023, SEBI passed an interim order against promoters Subhash Chandra and his son Punit Goenka, barring them from holding any directorships in listed companies, over allegations of funds siphoning. (Image source: Moneycontrol Hindi)

The three new independent directors are Venkata Ramana Murthy Pinisetti, Shishir Babubhai Desai, and Uttam Prakash Agarwal, effective from December 17, 2023.

Zee-Sony Merger: ZEEL seeks extension to the merger deadline

In its suit filed in Delhi Sessions Court, ZEE had argued that the article published on 21st February 2024 by Bloomberg, was false and factually incorrect, with a pre-meditated and malafide intention to defame the Company. (Image source: Moneycontrol)

Zee Entertainment wrote to Sony Group Corp requesting an extension of the merger’s timeline.

IPL 2023 viewership hit 449 million overall on Viacom18, says CEO Anil Jayaraj

Anil Jayaraj also touched upon the growing prominence of consuming various sports other than cricket and he hopes that the upcoming Paris Olympics will change that narrative. (Image source: Moneycontrol)

Jayaraj pointed out that Indian sports viewing habits are almost entirely live as 99% of the viewership is online and just 1% happens to be around, highlights, non-live content, and documentaries. However, he was bullish about the growing market of sports documentaries and docu-series in India and predicted that it will become quite big over the next four or five years.