NCLT approves Zee-Sony merger

While the final order of NCLT has a detailed 12-pointer findings and observations section, the most important takeaway is obviously the bench’s approval of the merger. (Image source: Moneycontrol Hindi)

NCLT has been closely examining the legality and feasibility of the merger for months.

Broadcasters’ body NBF raises concerns over weekly news ratings suspension, urges MIB intervention

The four-week rolling average was initially implemented upon the resumption of news genre ratings after a 17-month hiatus prompted by the alleged TRP scam (Representative Image: Jesus Loves Austin Via Unsplash)

The NBF letter urges the ministry to ensure the continuity of ratings that are the only determinant of advertising and revenue.

Disney+ Hotstar loses 12.5 million subscribers in its biggest-ever quarterly drop

According to a report by Bloomberg, the company is in talks with potential buyers for its India streaming and television business, including with billionaire Mukesh Ambani’s Reliance Industries Ltd. (Image source: Moneycontrol)

Disney+ Hotstar’s paid member base plunged to 40.4 million for the quarter, marking the third consecutive subscriber decline at the Disney-owned streaming service.

Bombay High Court dismisses Axis Finance’s plea involving Zee

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

Axis Finance Limited had initially filed a commercial summary suit against ZEEL’s promoter Subhash Chandra amongst others.

Krafton to invest $150 million in Indian startup ecosystem in next 2-3 years

Bajaj Auto currently has 80 percent market share in the ICE segment. This serves as a substantial and efficient distribution platform for their electric offerings. (Representative Image: Annie Spratt via Unsplash)

Beyond game development studios, Krafton’s investments span across complementary sectors, including, Esports, multimedia entertainment, content creation and audio platforms.

TRAI directs DPOs to implement CAS and SMS as per regulation 4A of Telecommunication Services Interconnection Regulations, 2017

The consultation paper on the new broadcast policy will be released within the next few days, said the TRAI chairman. He added that Telecom Regulatory Authority of India has completed the process of pre-conversation for a broadcast policy. (Image sourced from Moneycontrol)

The certification process would enable the standardisation of CAS and SMS in the systems deployed by distribution platform operators, which would enable access of only subscribed television channels to the subscribers and thereby ensuring a check on piracy.