Category: eNews

  • Bhavesh Dalmia switches from pharma to power as Torrent Electricals’ new marketing chief

    Bhavesh Dalmia switches from pharma to power as Torrent Electricals’ new marketing chief

    MUMBAI: Bhavesh Dalmia has traded pills for plugs. The marketing veteran, who spent over six years steering consumer campaigns at Cipla, has joined Torrent Electricals as general manager for marketing this month.
    It marks a sharp pivot from the Bay of Bengal to what Dalmia calls “the rich Amethyst”—a poetic nod to Torrent’s signature purple branding. More practically, it’s a move from pharma marketing to the industrial heft of the Torrent Group’s electrical manufacturing arm.

    Dalmia brings two decades of brand-building chops across consumer health, fast-moving consumer goods and financial services. At Cipla, where he served as associate director for consumer marketing from September 2019, he championed digital transformation and omnichannel strategies. His portfolio includes campaigns such as #BerokZindagi, #SaridonMovieReview and #Fairsexfairsay—efforts that blended social media punch with traditional media muscle.

    Before Cipla, he spent over eight years at Piramal Enterprises as senior brand manager for consumer products, and five years at Madison World handling the Godrej account. His CV also includes a stint at Delhi Press Group.
    At Torrent Electricals, Dalmia says he’ll focus on building brand presence and driving growth through “impactful marketing strategies”. Whether that means bringing his pharma playbook to circuit breakers and switchgear remains to be seen. But if his track record is any guide, expect data-driven campaigns and plenty of hashtags.

  • TRAI reverses course on radio migration fees

    TRAI reverses course on radio migration fees

    DELHI: India’s telecoms regulator has U-turned on how private radio broadcasters should pay to shift to digital, ditching a convoluted averaging mechanism in favour of simpler reserve prices.

    The Telecom Regulatory Authority of India (TRA) issued a corrigendum on 27 October revising recommendations it sent to the ministry of information and broadcasting just three weeks earlier. The original policy, dated 3 October, had proposed that when cities failed to attract bids for new digital frequencies, migration fees for existing broadcasters should be calculated by averaging prices from similar-sized cities—but only if at least two cities in that category had received successful bids.

    The authority has now binned that approach. Upon review, regulators spotted that the averaging formula “could lead to certain aberrations in the migration amount vis-à-vis reserve price” in cities drawing no bids. Since reserve prices emerge from a formal valuation model and represent the minimum auction amount anyway, they make a more sensible baseline.

    The ministry had sought the regulator’s advice in April 2024 on framing a digital broadcast policy for private radio operators. Under the revised scheme, existing broadcasters wanting to simulcast in digital mode will pay an amount equal to the reserve price for new frequencies, minus the proportionate one-time entry fee already paid for their remaining licence period.

    The climbdown suggests India’s radio digitisation may prove trickier than expected—particularly if multiple cities fail to attract fresh bidders, leaving regulators scrambling for fair pricing formulas that don’t distort the market

  • Netflix CEOs play coy about Warner Bros Discovery acquisition

    Netflix CEOs play coy about Warner Bros Discovery acquisition

    LOS ANGELES: Netflix is keeping its cards close whilst the rest of Hollywood scrambles for Warner Bros Discovery’s assets. Asked during Tuesday’s third-quarter earnings call whether the streaming giant might join the bidding war, co-chief executives Ted Sarandos and Greg Peters delivered a masterclass in strategic ambiguity: they ruled nothing out, but ruled nothing in either.

    “It’s true that historically, we’ve been more builders than buyers, and we think we have plenty of runway for growth without fundamentally changing that playbook,” said Sarandos. “Nothing is a must-have for us.” 

    Yet he added that Netflix looks at “all” merger opportunities through the same lens—a nod that Warner Bros Discovery’s studio and streaming empire, including HBO, HBO Max and Warner Bros Television, might just pique its interest.

    What Netflix definitely won’t touch are Warner Bros Discovery’s linear networks. “We’ve been very clear in the past that we have no interest in owning legacy media networks, so there is no change there,” Sarandos said. That rules out a bid for the whole company, which Warner Bros Discovery is splitting in two: one entity (Warner Bros) housing the streaming and studio jewels, the other (Discovery Global) lumping together cable channels and Discovery+.

    The carve-up comes after Warner Bros Discovery announced it was reviewing “strategic options” following “unsolicited interest” from “multiple” parties. Paramount is reportedly leading the charge, having offered $20 per share for the lot, then upping its bid to $24—both rejected. CNBC reports that Netflix and Comcast are also circling.

    Peters downplayed the threat of rivals bulking up through deals, pointing to mega-mergers like Disney-Fox, Amazon-MGM and Discovery-WarnerMedia that failed to shake up the landscape. “None of those mergers represented a fundamental shift in the competitive landscape,” he said. “Watching some of our competitors potentially get bigger via M&A does not change our view.”

    The caginess came as Netflix reported third-quarter revenue up 17 per cent year-on-year to $11.5bn, in line with forecasts. Operating income rose 12 per cent to $3.2bn, though it fell short of expectations after a $619m hit from a dispute with Brazilian tax authorities. Shares tumbled 6.5 per cent in after-hours trading, though Netflix insisted the tax spat won’t dent future results.

    By region, revenue in the US and Canada grew 17 per cent to $5.01bn, Europe, Middle East and Africa climbed 18 per cent to $3.7bn, Latin America rose 10 per cent to $1.37bn and Asia Pacific surged 21 per cent to $1.37bn. Netflix now commands 8.6 per cent of US television viewing time, up from 7.5 per cent in late 2022, and 9.4 per cent in Britain, up from 7.7 per cent.

    Hits last quarter included Wednesday season two (114m views), The Thursday Murder Club (61m) and My Oxford Year (81m). The Canelo-Crawford boxing match drew 41m viewers, making it the most-watched men’s championship bout this century, Netflix claimed.

    For now, Sarandos and Peters are content to watch the feeding frenzy from the sidelines. But their refusal to slam the door suggests they might yet crash the party—provided the price is right and the baggage left behind.

  • Netflix’s KPop Demon Hunters set to conquer toy aisles as Mattel & Hasbro get on board licensing bandwagon

    Netflix’s KPop Demon Hunters set to conquer toy aisles as Mattel & Hasbro get on board licensing bandwagon

    LOS ANGELES: Netflix has pulled off something rare: getting Mattel and Hasbro—bitter rivals in the toy wars—to share the spoils of its cultural juggernaut, KPop Demon Hunters. Both companies will serve as global co-master toy licensees, carving up a merchandise empire to satisfy fans who have turned the film into the streaming giant’s most-watched movie ever.

    Released in June 2025, the film has obliterated records with 325m views in 91 days. Its soundtrack hit number one on Billboard’s 200 Albums chart and has been streamed 8.3bn times. The single Golden became the longest-running number one by a girl group on the Billboard Hot 100 this century. All five main characters dominated Halloween costume searches, proving the frenzy extends well beyond the screen.

    “KPop Demon Hunters unleashed a global fan frenzy—we’re talking dancing, singing, and more screaming than anyone was emotionally prepared for,” said  Netflix chief marketing officer Marian Lee. The partnership, she added, means fans can finally get their hands on merchandise “they’ve been not-so-subtly demanding on every social platform known to humanity.”

    Mattel will unleash dolls, action figures, playsets and collectibles starting in 2026, with a presale three-pack of Huntr/X dolls available on Mattel Creations from 12 November. Mattel, chief global brand officer Roberto Stanichi promises to harness the company’s “world-class design, creative and marketing expertise” to delight fans worldwide.

    Hasbro is taking a different tack, leveraging its arsenal of brands—Monopoly, Nerf, Furby and Wizards of the Coast—for collaborations. Its first salvo is Monopoly Deal: KPop Demon Hunters, available for pre-order from 21 October and shipping on 1 January 2026. The full lineup, including plush toys, youth electronics and role-play gear, arrives in spring 2026.

    Hasbro president of toy, licensing and entertainment Tim Kilpin called the film “a powerful pop culture phenomenon with global resonance” that fits seamlessly with the company’s commitment to innovation.

    The film follows K-pop superstars Huntr/X, who moonlight as demon hunters protecting fans from supernatural threats—until they face off against a rival boy band of demons. Directed by Maggie Kang and Chris Appelhans, it is produced in partnership with Sony Pictures Animation.

    Products from both toy titans will flood retail shelves from spring 2026 through the holiday season and beyond.

    For Netflix, Mattel and Hasbro, the bet is simple: why fight over market share when there is enough screaming fandom to go around

  • Zee bets Rs 15 crore on startup incubation play

    Zee bets Rs 15 crore on startup incubation play

    MUMBAI: Zee Entertainment is doubling down on diversification. Fresh from reporting a 63 per cent collapse in quarterly profit, the company has approved a Rs 15 crore injection into Ideabaaz Tech Pvt Ltd, a fledgling startup incubator incorporated a mere ten weeks ago. The move grants Zee a 20 per cent stake in the venture—a modest bet, perhaps, but a revealing one.

    Ideabaaz operates across three verticals: show, platform, and exhibition. The pitch is seductive: empower entrepreneurs across India with a particular focus on tier two and tier three cities where capital and mentorship remain scarce. It’s the sort of feel-good mission that plays well in investor presentations and corporate social responsibility statements.

    The investment carries no related-party baggage and requires no regulatory approvals. 

    Ideabaaz may prove visionary. Tier two and tier three cities represent genuine opportunity, and media-plus-entrepreneurship could be a compelling cocktail.

  • Creators boost Mipcom 2025 as television’s old guard opens the door

    Creators boost Mipcom 2025 as television’s old guard opens the door

    CANNES: The suits and the streamers are finally doing business. Mipcom 2024 pulled in 10,600 delegates—a modest uptick from last year’s 10,500—but the real story wasn’t in the numbers. It was in who showed up and what they were selling.

    Buyers rose to 3,340, up 100 from 2023, with Britain leading the pack, followed by the US , France, Germany, Turkey, Canada, Spain, Italy, Japan and South Korea. Yet the buzz on the Cannes market floor centred on a new breed of attendee: the creator economy, which Lucy Smith, RX France’s Mipcom and Mip London boss, called “the biggest shift in a generation for Mipcom.”

    YouTube planted its flag with a prominent presence, including a packed keynote featuring Pedro Pina, the platform’s EMEA chief, media cartographer Evan Shapiro and BBC Studios’ Jasmine Dawson. The session offered what Smith described as the “definitive playbook on partnerships,” demonstrating how traditional media can tap new audiences and build fandoms through collaboration.

    The convergence went beyond talk. Deals between legacy players and digital creators flowed throughout the week. “It feels like a tipping point for the industry,” Smith told reporters at a wrap press conference. “The relationship between the creator and mainstream economies isn’t binary. The opportunities come from collaboration, not from working in isolation.”

    Mipcom’s pitch to creators was simple: meet everyone worth meeting in one place, at one time, and figure out who can help build new business models. The market staged its first brand-funded content summit, BrandStorytelling, bringing agencies and brands face-to-face with the global production and distribution world. Early feedback suggests it’s here to stay.

    Traditional sales and distribution—”the engine of MIPCOM,” as Smith put it—roared back to life. Every major American studio turned up. Three big international advance screenings drew talent from around the world. Rights deals showed fresh flexibility, with windowing making a comeback, albeit in more complex forms than before.

    The market floor hosted 350 exhibitors, including 88 newcomers such as YouTube. Yet not everything pointed upward: MIPJunior attendance slipped to 940 from 1,000, reflecting ongoing headwinds in children’s programming.

    Smith struck a bullish note. “From change comes opportunity. The industry is resilient, it regenerates. The fact that this definitive global market has been held here every year for the past four decades is testament to that.”

    Next year’s edition runs from 12 to 15  October. The creators will be back. So will everyone else.

  • LoglineAI Showcases the Future of AI-Powered Storytelling at MIPCOM 2025

    LoglineAI Showcases the Future of AI-Powered Storytelling at MIPCOM 2025

    Cannes, France: LoglineAI, founded by Vishnu Mohta, is set to make waves at MIPCOM 2025, unveiling how the studio is transforming global content development with its intelligent, human-guided AI workflows.

    At the intersection of creativity and technology, LoglineAI helps studios, streamers, and brands turn ideas, scripts, or audio concepts into cinematic-quality videos—faster, more efficiently, and without compromising emotional depth.

    The studio’s adaptive pipeline addresses real-world production challenges such as character and visual consistency, multi-lingual dubbing with accurate lip-sync, emotion-aware scene design, and rapid previsualization. Its integrated approach reduces cost and turnaround time while maintaining storytelling fidelity and creative control.

    Recent collaborations with SVF Entertainment and Sooper highlight these capabilities—producing AI-generated teasers, visual episodes, and concept-testing promos that have redefined content readiness for streaming and theatrical platforms alike.

    “At LoglineAI, we’re not replacing creativity—we’re amplifying it,” says Vishnu Mohta, Founder of LoglineAI. “Our goal is to help creators and studios move from concept to screen with greater speed, consistency, and imagination—powered by responsible AI.”

    Meet the LoglineAI team at MIP Innovation Lab – Pod P-1.C66, where they’ll be showcasing new AI-assisted production workflows, creative case studies, and global collaboration opportunities.

    ? Learn more at logline.ai 
     

  • India congregates at Mipcom as TV industry grapples with streaming wars

    India congregates at Mipcom as TV industry grapples with streaming wars

    CANNES: Mipcom 2025 opens its doors on 13 October in Cannes, and India is making serious noise. Whilst the global television and streaming industries thrash about in existential angst—wondering what they are, where they’re going, and whether anyone still watches television—over 10,500 participants and 330-plus exhibitors from more than 100 countries are cramming into the Palais des Festivals. Identity crisis? Not on India’s watch.

    RX management, which runs this annual gathering, expects the gloom to lift the moment delegates start talking deals. And nowhere is the optimism more palpable than in the Indian contingent, which has arrived in force with more than 70 companies ready to do business.

    Centre stage sits the Indian Pavilion—a sprawling 100 sq m affair rebranded as the Bharat Pavilion/Waves Bazaar. It’s a joint initiative between the Indian consulate in Marseilles, the ministry of information and broadcasting, and the Services Export Promotion Council. More than 40 Indian companies have piled in under its banner: animation studios, video service outfits, content distributors, post-production houses—the full ecosystem.

    But the real heavyweights are flying solo. Eschewing the shared space, a formidable lineup of Indian firms have planted their own flags with independent exhibition stands: Animation Xpress, Amagi Media, Enterr10 Television (which runs the Dangal channel), GoQuest Media, JioStar India, One Life Studios, One Take Media, PowerKids Entertainment, Rajshri Entertainment, Rusk Media, Shemaroo Entertainment, and Zee Entertainment Enterprises. It’s a show of strength that reflects India’s growing clout in the global content economy.

    Indian delegates hunting for content—whether licensing hit formats or acquiring finished programming—number more than 120 this year, a figure that underscores the country’s voracious appetite for fresh material and its ambitions as both buyer and seller.

    Hiren Gada, chief executive of Shemaroo Entertainment, said he was returning to Mipcom after many years away and was “looking forward to some exciting meetings with international clients.” The veteran executive’s presence signals that even established players see renewed opportunity in the current market turbulence.

    Siddharth Kumar Tewary, founder of One Life Studios, called the atmosphere “electric,” adding that his company was now positioning itself as a global multiplatform content and production services partner—not merely an Indian supplier, but a genuine international player capable of creating content for any screen, anywhere.

    The Indian surge comes at a curious moment. Traditional broadcasters are bleeding viewers to streaming platforms – which are themselves struggling against the vertical and micro drama platforms and Fast services -trying to figure out sustainable business models. Studios are consolidating, mergers are multiplying, and nobody quite knows whether “peak TV” was last year or five years ago. Yet Cannes remains Cannes—a place where hope springs eternal and every conversation might be the one that spawns the next global hit.

    As deals snap shut and pitches fly across the sun-drenched Riviera, sleepy Cannes has morphed once more into the pulsing nerve centre of the global content trade. Champagne corks pop, business cards change hands at dizzying speed, and somewhere in the Palais a Hindi-language crime thriller is being sold to a Scandinavian broadcaster who’s convinced it’s the next Squid Game.

    Streaming uncertainty be damned. The curtain rises, the cameras roll, and India’s moment in the spotlight has arrived—louder, brighter and more confident than ever.

  • Gold and Frameboxx draw up a new script for animation education

    Gold and Frameboxx draw up a new script for animation education

    MUMBAI: When academia meets animation, the result is pure motion magic. India’s pioneering animation studio Green Gold Animation pvt. ltd., the creative powerhouse behind some of the country’s most beloved animated universes, has teamed up with Frameboxx Animation & Visual Effects pvt. ltd., one of India’s top training institutes, to script a new chapter in animation education.

    The two industry leaders have signed a Memorandum of Understanding (MoU) to introduce an Industry Embedded Degree Programme in Animation and VFX, a first-of-its-kind initiative that fuses classroom learning with real-world studio experience. The MoU was signed by Sitarama Rajiv Chilakalapudi, founder and managing director of Green Gold Animation, and Rajesh Ramesh Turakhia, founder and managing director of Frameboxx.

    Under the partnership, Green Gold’s senior Subject Matter Experts (SMEs) will deliver 150 hours of in-class, hands-on training across three years, ensuring students learn not just the theory but the thrill of production itself. These will be live, interactive sessions with Green Gold’s artists and mentors people who’ve turned sketches into global success stories.

    Students will also work on live production projects during their final year, gaining direct exposure to industry workflows, pipelines, and creative challenges. The result: graduates who don’t just dream in animation, but think, design, and deliver like studio professionals from day one.

    “India’s animation industry is expanding rapidly, driven by global demand for quality content and the explosion of digital platforms,” said Green Gold Animation founder and CEO Rajiv Chilaka. “Yet, there’s a widening gap between what’s taught in classrooms and what studios need. Through this collaboration with Frameboxx, our goal is to bridge that gap by embedding real production expertise into academic learning. We want students to experience the pulse of a professional studio and understand how global projects are executed from concept to credits.”

    He added that this collaboration could help India emerge not just as a major consumer of animation content but as a consistent exporter of world-class animation talent.

    Echoing the sentiment Frameboxx founder and managing director Rajesh Ramesh Turakhia said, “This partnership marks a milestone in academic-industry collaboration. Students will benefit from live projects, masterclasses, workshops, and project reviews by Green Gold’s experts across Frameboxx centres nationwide. Together, we’re offering a learning experience that’s as real as it gets.”

    The programme will award a joint certification from Green Gold and Frameboxx, in addition to the degree from the affiliated university. Students will have access to cutting-edge technology, structured mentorship, and a well-defined career pathway that aligns with global production standards.

    Beyond academic reform, the alliance signals a shared mission to nurture India’s next generation of animators and visual storytellers. For Green Gold, it reinforces its role not just as a studio but as a mentor for the creative economy. For Frameboxx, it deepens its reputation as a bridge between education and employability.

    As the animation industry evolves from art to asset class, this partnership gives India’s young dreamers the tools to not only sketch their ideas but also shape their futures. After all, when the worlds of imagination and education collide the credits don’t roll, they begin.
     

  • India pitches homegrown large language model as AI summit pre-events kick off

    India pitches homegrown large language model as AI summit pre-events kick off

    NEW DELHI: India is making a play for AI self-reliance. At pre-summit events for the India–AI Impact Summit 2026, held during the India Mobile Congress in New Delhi, the government announced plans to launch an Indian large language model by year-end, aiming to cut dependence on foreign systems.

    The IndiaAI Mission, approved last year, is already delivering results: 38,000 graphics processing units are now available at Rs 65 per hour, whilst 12 companies are developing foundation models. “We envision to launch an Indian Large Language Model by year-end, reducing dependence on foreign systems,” says ministry of electronics and information technology additional secretary,  chief executive of IndiaAI and director general of the National Informatics Centre Abhishek Singh. 

    The pre-summit events drew leaders from government, industry and academia to explore how AI can drive inclusive growth across telecom and digital infrastructure. Four panels tackled AI’s role in telecom impact, trustworthy deployment, workforce development and social empowerment. Representatives from Reliance Jio, Tata Consultancy Services, Google, Airtel, Amazon Web Services and Microsoft joined government officials for the discussions.

    MeitY secretary S Krishnan framed India’s approach as both innovative and frugal. “We have adopted innovative means by learning from the experiences of others to build viable projects and products that will truly make a difference for us,” he says. “A number of international agencies have also found our approach very appealing, to build a model which can be used for the rest of the global South.”

    IndiaAI Mission chief operating officer and scientist G at MeitY Kavita Bhatia highlighted AI’s potential in telecom—from spectrum management to fraud detection. “AI in telecom holds immense potential. It can ensure reliable connectivity in rural areas, enhance resilience against network disruptions, and power new services across various sectors.”

    The main India–AI Impact Summit 2026 is scheduled for 19-20 February at Bharat Mandapam in New Delhi. Organised around three “sutras”—people, planet and progress—and seven thematic “chakras”, the summit will position India as a global convener on responsible AI deployment.

    Whether India can deliver a competitive LLM by December—or merely another government deadline—will test its ambitions. For now, the rhetoric is running ahead of the code.