Discussion General Discussions, News & Updates On Indian TV Channels

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Zee News editor Sudhir Chaudhary gets interim charge of WION, DNA

MUMBAI: Zee Media Corporation Ltd (ZMCL) has given Zee News editor Sudhir Chaudhary the additional charge of its English news channel WION and English daily DNA following Rohit Gandhi’s exit.

It is learnt that Chaudhary’s appointment is a stop gap arrangement until a new editor is appointed. Chaudhary had joined Hindi news channel Zee News in 2012 as editor.

“Zee News editor Sudhir Chaudhary will take additional interim charge of WION and DNA with immediate effect. He will continue reporting to Rajiv Singh, COO, National Channels ZMCL,” an internal note informed the staff.

Zee News editor Sudhir Chaudhary gets interim charge of WION, DNA | TelevisionPost.com
 
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RE: General discussions on TV channels news

Sony looking at M&A to grow India TV broadcast biz

Mergers and acquisitions (M&A) are a crucial component in Sony Pictures Networks India’s growth strategy, Sony Corporation CFO Kenichiro Yoshida told analysts after the Q3 results announcement.

“In order to expand our business outside of the US, primarily in India, we are taking various measures to grow including M&A,” Yoshida said while talking about the media networks business.

India is the biggest market for Sony Pictures Television, which houses the media networks business of the corporation. Media Networks includes the operation of television and digital networks worldwide.

In February 2015, Sony Corp CEO Kazuo Hirai had outlined the importance of M&A by stating that the conglomerate was game for acquiring entertainment assets in India.

The importance of M&A for SPNI can be gauged from the fact that it had concluded its biggest acquisition deal last year by acquiring ZEEL’s sports business under Taj Television for $385 million. The deal gives Sony a bigger play in India’s dynamic sports business.

Earlier, it was exploring acquisitions of ETV’s regional entertainment channels and Telugu broadcaster Maa Television Network. However, both acquisition bids fell through. Eventually, the whole of ETV including news channels excluding Telugu channels was acquired by the Network18 Group for Rs 2,053 crore while Maa Television Network was snapped up by Star India for $346 million.

SPNI was also in talks to acquire 9X Media. However, it did not reach the conclusive stage.

Yoshida said that media networks business is a typical recurring-revenue business. Similarly, motion pictures and TV production can also be recurring-revenue businesses if they consistently produce premium content by leveraging, creating and accumulating IP.

“Since focusing on recurring-revenue businesses and aiming to grow profit in a stable manner fits with the mid-range strategy of the Sony Group, the pictures segment is an important business of Sony,” he stated.

Earlier, Sony Corp had announced a $962 million impairment charge for its Pictures division. “The majority of the goodwill that was impaired was originally recorded at the time of the acquisition of Columbia Pictures Entertainment Inc. in 1989,” the company said.

SPNI’s bouquet of channels include Sony Entertainment Television (SET), SAB TV, Sony Pal, Sony Max, Sony Max 2, Sony Wah, Sony Mix, Aath, Sony Pix, AXN, Sony Six, Sony ESPN, Sony Le PLEX HD, Sony Rox HD and Animax India.

Sony looking at M&A to grow India TV broadcast biz | TelevisionPost.com
 
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MUMBAI: Former NDTV chief information officer (CIO) Jay Chauhan has joined Arnab Goswami’s media entity Republic as COO for the digital venture and chief technology officer (CTO) for broadcast news.

Chauhan will be responsible for setting up and establishing market leadership for Republic’s global digital properties. Additionally, as CTO for broadcast news, he will be introducing innovation into news gathering as well as mobility solutions into technical operations for broadcast.

A key focus area within Republic’s digital strategy will be the setting up of its global innovation centre in Bengaluru to house its team of data scientists, machine learning experts, developers and UX architects to build Republic’s sophisticated content platform.

Commenting on Jay Chauhan joining his team, Republic founder Arnab Goswami said: “A gifted tech leader guiding our digital venture is a strong statement of what Republic stands for and what it will become – a true media tech company. I am excited to have Jay onboard with us on this journey.”

Jay said, “It’s an exhilarating feeling being part of the Republic team’s vision of innovation and disruption on a global scale. I can’t wait to roll up my sleeves, deliver amazing digital content products for our global customer base and build a profitable digital business.”

Prior to joining Republic, Jay was CIO at NDTV Worldwide where he built two healthcare startups. Having been a part of the NDTV group for 20 years, Jay has been in charge of engineering teams leading to the launch of NDTV’s flagship channels.

Besides launching multiple television channels across the APAC region, Jay has won the AIB Awards in 2009 and the Commonwealth Broadcasters Award for Innovative Engineering in 2002, 2004 and 2010.

NDTV's tech head Jay Chauhan joins Arnab Goswami's Republic | TelevisionPost.com
 
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