Abraham Thomas Steps Down As Red FM COO
Red FM COO Abraham Thomas, one of the hottest radio executives in the country, is stepping down, he said in a memo to staffers yesterday. A… Read more »
BAG Films To Raise $30 Million Via GDR/FCCB Issue
BAG Films & Media Ltd today said its board has approved a plan to raise up to $30 million (Rs142 crore) from the international market throug… Read more »
FoodieBay Seeks To Raise Funds For Second Phase Of Growth
IIT Delhi graduates Deepinder Goyal (26) and Pankaj Chaddah (24) just quit their consulting jobs at Bain & Co. They will now focus on growin… Read more »
AOL Keeping Its Venture Investments And AOL India
photo: AP Images
Last week I reported, based on AOL’s spinoff SEC filing, that Time Warner (NYSE: TWX) may be retaining AOL India and AOL’s venture investmen… Read more »
News Roundup: Petition On Internet Telephony; Editors Guild On Manipur; TedIndia Live Webcast
The Internet Service Providers Association of India, an industry body of ISPs, has moved the Competition Commission of India alleging that t… Read more »
Rediff.com Invests In Location Sensing Tech Firm Imere
Rediff.com (NSDQ: REDF) India Ltd has invested in Bangalore-headquartered location sensing technology startup Imere Technologies Pvt. Ltd, t… Read more »
Mobile Roundup: Google Voice Search On Nokia S60; Comic Books On Tata DoCoMo; MTNL Prepaid 3G
Google (NSDQ: GOOG) India today launched a voice search application for mobile phones that run on the Nokia S60 platform. Most Nokia (NYSE:… Read more »
How Content Creators Can Benefit From Piracy
Alok Kejriwal is a digital entrepreneur based in Mumbai. He is the CEO and co-founder of games2win.com.
Every time I listen to my iPod, I r… Read more »
Ram Jethmalani Joins M.J. Akbar’s Covert Magazine As Chairman Of The Board
Prominent lawyer Ram Jethmalani has joined Covert magazine as the chairman of the board of directors. The magazine is promoted and edited by… Read more »
Interview: Bloomberg News Editor-In-Chief Matt Winkler On UTV Tie-Up, India Plans, BusinessWeek
Matthew Winkler is the editor-in-chief of Bloomberg News. Today, little else needs to be said by way of introduction. It wasn Read more »
Deccan Chronicle Q2 Net Profit Up 120% At Rs99.9 Cr; Revenues Up 11%
Deccan Chronicle Holdings Ltd, publisher of dailies such as Deccan Chronicle, The Asian Age and Financial Chronicle, posted a net profit of… Read more »
News Roundup: Softbank Capital Invests In DEN; Bollywood Films On Hulu
US-based SoftBank Capital and India Capital of Hong Kong have bought a 2% stake in Sameer Manchanda-promoted cable firm DEN Networks, The Ec… Read more »
PVR Ltd Q2 Net Profit Up 10% At Rs5.21 Cr; Revenues Down 3.4% Y-O-Y
Multiplex chain PVR Ltd today said net profit for the three months ended 30 September was Rs5.21 crore, up 10.3% from the year-ago period. T… Read more »
Yahoo Wants To Make More Money From Its International Users
Yahoo (NSDQ: YHOO) purchased Arab portal Maktoob this summer for a reported $75 million and additional international acquisitions could be o… Read more »
Ratings Update: Colors Gain Lead Over Competition; Corners 27% Marketshare
For the past few months, Star Plus, Zee and Colors have been playing musical chairs with the top three slots in GEC ratings, with marketshar… Read more »
NDTV Narrows Losses With Cost Control; Revenues Down 6%
Broadcaster NDTV Ltd today posted a standalone net loss of Rs11.85 crore for the three months ended 30 September, down 9.12% year-on-year. T… Read more »
Vdopia Raises $4 Million In First Round; Names New CEO
Vdopia, a fast-growing video ad network startup, has raised $4 million in a first round of funding from Nexus Venture Partners; in conjuncti… Read more »
Sun TV Net Up 21% On Strong Ad Sales Growth
Chennai-headquartered Sun TV Network Ltd today said net profit for the quarter ended 30 September was at Rs130.56 crore, up 21% year-on-year… Read more »
Dish TV Losses Down 63% Y-O-Y On Strong Sales Growth
Direct-to-home service provider Dish TV today posted a net loss of Rs56.13 crore for three months ended 30 September, down 63% year-on-year… Read more »
Jagran Prakashan Net Up 120%; Ad Revenues Up 20%
Publisher Jagran Prakashan Ltd posted net profit of Rs50.27 crore for the quarter ended 30 September, up 120% from the year-ago period on st… Read more »
Climax To NDTV Imagine Swayamvar: Time Warner Close To Buying Nearly 90% Stake
Turner Broadcasting, a unit of Time Warner (NYSE: TWX), is close to acquiring a “very high level of holding” in general entertainment channe… Read more »
AOL’s Spinoff From Time Warner: The Process; AOL India May Be Retained By TW
photo: AP Images
AOL (NYSE: TWX) Inc, the new about-to-be-spun-off unit from Time Warner, has filed an amended filing with SEC detailing some of the spin-off… Read more »
9.9 Media Launches CFO India, Monthly Targeted At Finance Professionals
9.9 Media, the New Delhi-headquartered B2B publisher, today launched CFO India, a monthly targeted at finance professionals. The title is un… Read more »
TV Today Net Up 40% On Cost Control; Revenue Down 3.5% Y-O-Y
Broadcaster TV Today Network Ltd today said net profit for the three months ended 30 September was Rs10.61 crore, up 40.15% year-on-year. To… Read more »
HT Media Net Up 92%; Cost Control Is Working, Says CEO Rajiv Verma
photo: HT Media
Publisher HT Media Ltd today said net profit for the quarter ended 30 September was Rs31.41 crore, up 92% year-on-year from 16.28 crore. Whi… Read more »
Zee Entertainment Net Down 38% On Lower Ad Revenue
Zee Entertainment Enterprises Ltd today posted Q2 net profit of Rs110.95 crore, down 37.72% year-on-year. Total sales was down 5.44% to Rs54… Read more »
Cause For Concern: Newsprint Prices Start Inching Up Again
Newsprint prices, which had corrected majorly through 2009, has started inching up again after bottoming out at about $460 in August-Septemb… Read more »
Telecom: Before 3G Can Roll Out, 2G License Awards Under Corruption Cloud
Even as India’s troubles with its 3G auctions seem to be never ending and elsewhere in the world, commercial roll out of 4G is making steady… Read more »
Redesigned CNN.com: More Opinion, Entertainment, Integrated iReport And Oprah
Website redesigns don’t usually merit big announcements these days, but CNN.com went all out to celebrate its online overhaul. Taking the st… Read more »
News Roundup: Ad Spends Growing; Fin Min Letter On 3G
Ad spends in print and television in India grew 28% year-on-year during the April-June quarter, Mint reports, citing a Nielsen study. Ad spe… Read more »
Sports Rights Are A Bit Like Stock Prices: Nimbus’ Harish Thawani
Shortly after it was formally announced that Mumbai-based Nimbus Communications will have the rights to all BCCI matches till 2014, and that… Read more »
Recovery In The Air: DNA Announces Partial Roll Back Of Salary Cuts
In what will come as good news to Indian media professionals across companies who have suffered salary cuts, Mumbai-based daily Daily News a… Read more »
Value Of Cricket TV Deal Drops: Shorter Format Eating Into ODI Viability?
photo: AP Images
When the Indian Premier League was launched, the Board of Control for Cricket in India, the game’s top administrative body, saw it as an add… Read more »
Bloomberg Chairman Peter Grauer To Ring Opening Bell At BSE To Celebrate Tie-Up With UTV
Bloomberg L.P. chairman Peter Grauer will ring the opening bell at the Bombay Stock Exchange on Friday Thursday to celebrate his company’s r… Read more »
Foreign Investment Nod For Dainik Bhaskar, UK’s Travel Channel
DB Corp. Ltd, publisher of Dainik Bhaskar, has received government approvals to raise foreign investment to the permissible limit of 26% ahe… Read more »
Corp Comm Head Seshasaye Kanthamraju Named Marketing Head At Disney Studios India
Walt Disney (NYSE: DIS) Studios Motion Pictures India has named Seshasaye Kanthamraju as director, marketing and distribution. Kanthamraju h… Read more »
How Much Is NDTV Paying To Buy Back Stake From NBC?
NBC Universal (NYSE: GE) paid $150 million in May 2008 for a 26% stake in NDTV Networks Plc., a holding company for the non-news businesses… Read more »
UK Firm May Be Chosen As The Producer For Commonwealth Games Broadcast: Report
UK’s Satellite Information Services Ltd, a company that pioneered the live broadcast of horse racing in that country, may be chosen over Mum… Read more »
India’s NDTV In Talks With Time Warner and Astro To Replace NBC Universal
photo: AP Images
Indian broadcaster NDTV is in talks with two overseas companies–Time Warner (NYSE: TWX) and Malaysia’s Astro–to come in as an investor in… Read more »
NBC Universal Is Exiting NDTV Networks; Who Will Come In?
Broadcaster NDTV Ltd will buy back a minority interest in its non-news subsidiary NDTV Network Plc. from NBC Universal (NYSE: GE). The compa… Read more »
