Discussion General Discussions, News & Updates On Indian TV Channels

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Sony Pictures Networks awarded ‘Aon Best Employers India 2017’ title

MUMBAI: Sony Pictures Networks India (SPNI) has been selected to join the list of Aon Best Employers India in the 2017 edition. SPNI is the only media and broadcast network to be featured among this year’s top 19 companies across various industries.

The Best Employers Study by Aon is one of the most prominent annual workplace studies covering over 800,000 employees across 6,400 global organisations. This study aims to get insights into companies that are creating real competitive advantage via their people practices, explores what makes a workplace of choice and identifies the best employers across regions.

Based on the principles of measuring the people environment through the lens of ‘Intent-Design-Experience’, the study measures and recognises employer excellence to learn and share best practices across companies and industries.

Sony Pictures Networks awarded ‘Aon Best Employers India 2017’ title | TelevisionPost.com
 
De-mon contributes to lower international ad revenue at 21st Century Fox

BENGALURU: Rupert Murdoch’s 21st Century Fox (TFC-Fox) reported five per cent decline in net income attributable to TFC-Fox stockholders (net income) for the quarter ending 31 March 2017 (Q3-17, current quarter) as compared to the corresponding periods of the previous fiscal. The company’s Q3-17 net income was $799 million as compared to $841 million in Q3-16. As reported by us earlier, (21st Century Fox outlook on Star bullish despite $30 million DeMon Hit), TFC-Fox CFO John Nallen, in conversation with analysts had admitted that Star too ‘got affected’ from last quarter to first quarter of 2017 to the extent of $30 million.

Demonetisation in India partially contributed to the drop in revenue in Q3-17 going by some statements in TFC-Fox’s earnings release for Q3-17. The company’s press release says: “International advertising revenue decreased 18 percent from lower advertising revenues at Star India due to the absence of the prior year broadcast of the ICC Cricket World Twenty20 matches and the effect of the Indian government demonetization initiatives on the general advertising market. Quarterly OIBDA at the international cable channels increased 44 percent from the prior year quarter primarily reflecting lower sports programming costs at STAR India and higher contributions from Fox Networks Group International (FNGI).”

De-mon contributes to lower international ad revenue at 21st Century Fox | Indian Television Dot Com
 
No 'junk food' ads on kids shows & channels, recommends govt's food safety panel

The Food Safety and Standards Authority of India (FSSAI) has put together a report on junk food and suggested a blanket ban on the telecast of such advertisements on kids’ channels.

The report also recommended discouraging celebrities from endorsing food that is high in HFSS (salt, fat, and sugar) and imposing an extra tax on sweetened beverages and processed foods. Apart from sweetened beverages, the junk food category included pizzas, chips, burgers and several Indian foods such as pakoras and samosas, FNB News reported. It had been observed that ads for a majority of HFSS food were aired during kids’ shows and mostly on kids channels.

No 'junk food' ads on kids shows & channels, recommends govt's food safety panel | Indian Television Dot Com
 
MUMBAI: Star India’s ad revenue loss due to the government’s demonetisation move has widened to $50 million in two quarters.

Star has lost $20 million in the fiscal third quarter (January-March) due to demonetisation, 21st Century Fox CFO John Nallen said.

As reported first by TelevisionPost.com, Star lost $30 million in Q2 (October-December) due to the Narendra Modi-led government’s decision to remove legal tender status of Rs 1000 and Rs 500 currency notes, which led to slowdown in demand due to currency crunch. With demand slowing down, advertisers had turned cautious by cutting down ad expenditure.

Star India’s ad revenue loss from demonetisation at mn in two quarters | TelevisionPost.com
 
Anthony Vinciquerra replaces Michael Lynton as Sony Pictures chairman, CEO

MUMBAI: Japanese consumer electronics and entertainment major Sony has announced that Anthony Vinciquerra will become Sony Pictures Entertainment (SPE) chairman, CEO with effect from 1 June. He will report to Sony president, CEO Kazuo Hirai.

Vinciquerra will replace SPE chairman, CEO Michael Lynton, who announced in January that he would step down this year.

Vinciquerra will oversee the studio’s corporate groups and its lines of business: SPE’s Motion Picture Group, Sony Pictures Television and SPE’s Worldwide Media Networks division. However, unlike Lynton, he will not oversee the music division.

Vinciquerra comes to Sony Pictures with experience in the media, entertainment and tech spaces. He is currently senior advisor to Texas Pacific Group in the Technology, Media and Telecom sectors, where he has focused on TPG’s Capital, growth and opportunity investing arenas, as well as digital and emerging technologies and their impact on the distribution and consumption of film and TV content.

Anthony Vinciquerra replaces Michael Lynton as Sony Pictures chairman, CEO | TelevisionPost.com
 
NDTV reports profit for fourth quarter

MUMBAI: NDTV Group has recorded a net profit of Rs. 5 crore for the quarter compared to a loss of Rs. 1 crore in the same quarter previous year.

NDTV Group’s costs as a part of strategic initiatives have gone down significantly by 17% from Rs. 164 crore in same quarter previous year to Rs. 137 crore in the current quarter.

The EBITDA has increased by Rs. 15.4 crore from Rs. 8.3 crore in same quarter previous year to Rs. 23.7 crore in the current quarter.

NDTV’s Hindi news channel “NDTV India”, the only non-tabloid Hindi news channel in India, has made a profit of Rs.7 crore in this quarter.

NDTV Convergence, NDTV’s digital arm, has posted a 100% jump in net profit to Rs. 8 crore for the quarter compared to Rs. 4 crore in the same quarter previous year.

http://www.indiantelevision.com/television/tv-channels/news-broadcasting/ndtv-reports-profit-for-fourth-quarter-170512
 
Chennai DD upgrade under way, Rs 15-cr HD studio to be operational in '17-18

The Central government is planning to establish an HD TV studio in Chennai at a cost of Rs 15 crore which will be commissioned in 2017-18, union minister Venkaiah Naidu has said. About upgrading facilities at Doordarshan Kendra in Chennai, Naidu said 245 studio high-definition cameras and 254 field cameras had been procured for beefing up the infrastructure.

Chennai DD upgrade under way, Rs 15-cr HD studio to be operational in '17-18 | Indian Television Dot Com
 
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