Category: Television

  • Vijay TV’s Pongal lineup breaks records with stellar viewership

    Vijay TV’s Pongal lineup breaks records with stellar viewership

    MUMBAI: Festive entertainment doesn’t get better than this. Vijay TV delivered a Pongal lineup for the ages, smashing viewership records and proving once again why it reigns supreme as Tamil Nadu’s leading satellite channel. From blockbuster premieres to its iconic reality shows, the channel left no stone unturned in ensuring that audiences had a Pongal to remember.

    Vijay TV’s Pongal offerings were anchored by the sensational world television premiere of Amaran, starring Sivakarthikeyan and Sai Pallavi. This biographical action-drama captivated audiences with an impressive 8.5 TVR, reaching a jaw-dropping two crore viewers and generating 1.2 billion minutes of watch time.

    Joining the fray, the nostalgic family drama Meiazhagan, featuring Karthi and Arvind Swamy, became another viewer favourite. With a heartfelt storyline, the movie garnered a stellar 7.4 TVR, cementing its place in Tamil Nadu’s festive tradition.

    The Pongal movie lineup didn’t stop there. Vijay TV also premiered Vaazhai and the supernatural thriller Aranmanai 4, further bolstering its reputation for curating cinematic spectacles.

    Vijay TV’s ability to merge cinematic brilliance with its signature reality shows, mega-serials, and game shows continues to set it apart from competitors. This Pongal, the channel didn’t just entertain—it dominated.

    From securing high-profile premieres to delivering diverse content, Vijay TV consistently raises the bar for festive entertainment. As it continues to push boundaries and set new industry benchmarks, audiences know where to tune in for premium entertainment during Tamil Nadu’s most cherished occasions.

    This year’s Pongal programming wasn’t just about numbers; it was about creating shared moments of joy across households. With record-breaking ratings, overwhelming audience appreciation, and unforgettable stories, Vijay TV ensured that Pongal 2025 was a cinematic celebration like no other.

  • Zee Media financial resolutions put to e-voting by shareholders

    Zee Media financial resolutions put to e-voting by shareholders

    MUMBAI:  It’s got clout in the right places. Now the Subhash Chandra-founded Zee Media is beefing itself financially. At  a recent board meeting, Zee Media announced two significant financial resolutions aimed at enhancing its capital structure and investor participation.

    The company has put the resolutions to vote by its shareholders through postal ballot or e-voting from 23 January 2025.

    The company has approved the issuance of securities amounting to a maximum of Rs 400 crore, or its equivalent in foreign currencies. This move is in compliance with the Companies Act of 2013 and applicable regulations including those of the Securities and Exchange Board of India (SEBI). The board is authorised to raise funds through equity shares, preference shares, and other eligible securities via several methods such as private placements and qualified institutional placements. The issuance may be conducted in multiple tranches and will not exceed the specified limit.

    Additionally, the board has been empowered to determine the terms of issuance, including pricing, timing, and the class of investors targeted for the securities.

    Zee Media also resolved to increase the aggregate limit for investments by foreign portfolio investors (FPIs) to 49 per cent of the paid-up equity share capital, on a fully diluted basis. This increase is part of a broader strategy to attract foreign investments and enhance liquidity in the company’s shares, while adhering to the Foreign Exchange Management Act (FEMA) regulations.

    The board will be responsible for executing necessary acts, deeds, and documents to implement this resolution and ensure compliance with all regulatory requirements.

    These resolutions signify Zee Media’s commitment to strengthen its financial framework while potentially boosting growth through increased foreign investments and capital raise initiatives.
     

  • Bodhitree Multimedia to launch new drama series Beintehaan Chahatein on Zee TV

    Bodhitree Multimedia to launch new drama series Beintehaan Chahatein on Zee TV

    MUMBAI: The Sukesh Motwani-Mautik Tolia promoted production house Bodhitree Multimedia is pushing the envelope on TV dramas. Come 27 January, and its latest series Beintehaan Chahatein  will premiere on Zee TV. The series delves into the intricacies of relationships, ambition, and love, exploring the tension between personal desires and family values.

    The storyline follows Mugdha, a woman caught between her aspirations for a luxurious lifestyle and her mundane middle-class existence with her honest husband, Siddharth, and their son, Vansh. When Siddharth meets Devika, the emotionally fragile daughter of his wealthy boss, a complex web of desires and moral dilemmas emerges, leading to heightened emotional stakes.

    Beintehaan Chahatein promises an engaging journey of self-discovery, greed, and the challenges that define marital bonds.

    Bodhitree Multimedia  co-founder & chief creative officer Sukesh Motwani remarked, “With Beintehaan Chahatein, we present a narrative rich in layers of love, morality, and ambition, forcing characters to make choices that could irrevocably alter their lives. The series aims to provoke thought about the cost of ambition and the sacrifices we make for love.”

    Zee TV chief channel officer Mangesh Kulkarni noted, “As audience preferences evolve, storytelling must adapt. This mini-series format addresses the demand for engaging, snackable content across diverse genres, presenting stories that explore new themes not yet seen on Hindi general entertainment channels.”

    Kulkarni is just following the mandate of Zee Entertainment Enterprises CEO Punit Goenka to create standout content which appeals to viewers. 

    Beintehaan Chahatein promises a captivating blend of drama and emotional depth, drawing viewers in from the outset. 

  • US SEC closes perusal into Eros Media World with no enforcement action

    US SEC closes perusal into Eros Media World with no enforcement action

    MUMBAI: Eros Media World plc (EMW) can finally breathe a sigh of relief. Following a thorough internal review and multiple investigations by the United States Securities and Exchange Commission (SEC), the company has emerged unscathed, with the SEC officially closing its inquiry without recommending any enforcement action.

    An internal investigation by EMW’s audit committee concluded that the company’s accounting practices and internal controls were sound. The review found that:

    1    No revenues for the fiscal year ending 31 March 2020, were improperly recognised.

    2    No impairments existed in intangible assets or goodwill as stated in the company’s Form 6-K dated 31 March 2021.

    3    No material weaknesses were identified in internal controls over financial reporting.

    These findings marked a decisive end to allegations of inflated revenues, misleading financial statements, and improper related-party transactions, which had triggered three separate SEC investigations.

    Eros Media World has faced waves of criticism and short attacks from entities like Hindenburg Research, which itself recently announced its closure. However, the conclusion of these investigations without any adverse action underscores EMW’s commitment to transparency and compliance.

    “We are most pleased to have these issues behind us as we look forward to a new future for the company,” said Eros Media World group founder & ED Kishore Lulla.

    Lulla extended gratitude to the company’s legal team for their exceptional representation throughout this challenging period:

    1    Levine Lee LLP, Kenneth E. Lee led litigation and outside counsel.

    2    Cravath, Swaine & Moore LLP, Rachel G. Skaistis SEC counsel.

    3    Cleary Gottlieb Steen & Hamilton LLP Victor Hou.

    With the investigations closed and the company cleared of allegations, EMW is charting a new course for growth and innovation in the media and entertainment space. The closure of these cases allows the company to refocus on its core mission while reinforcing its commitment to ethical practices and transparency.

  • ABI Health shook hands with WPBL to champion fitness

    ABI Health shook hands with WPBL to champion fitness

    MUMBAI: When healthcare meets pickleball, the game gets serious. ABI Health has announced its partnership with the World Pickleball League (WPBL). This collaboration unites ABI’s mission to revolutionise wellness with WPBL’s drive to make pickleball a national movement. Together, they’re proving that fitness, fun, and community are a match made in heaven.

    Pickleball is more than just the fastest-growing sport globally—it’s an embodiment of inclusivity, low injury risks, and intergenerational fun. Recognising this, ABI Health sees pickleball as a perfect vehicle to inspire healthier lifestyles and strengthen community ties.

    ABI Health vice president global, Shreyas highlighted the significance of this partnership, “At ABI Health, we believe that health, wellness and prevention need to be part of everyone’s lifestyle in today’s day and age. Fitness and an active lifestyle are integral to a healthier tomorrow, and pickleball is the perfect embodiment of this ethos. We are thrilled to support WPBL in their mission to make this sport a movement that inspires people to stay fit. This partnership reflects our dedication to building a healthier, more connected world.”

    WPBL brings together six dynamic teams from Delhi, Mumbai, Bengaluru, Pune, Chennai, and Hyderabad to compete at Brabourne Stadium, creating a platform that celebrates not just pickleball but also teamwork, fitness, and community spirit.

    WPBL co-founder & CEO, Gaurav Natekar expressed excitement for the collaboration, “We welcome ABI Health as a partner in this journey to elevate pickleball in India. ABI’s passion for promoting health and wellness aligns perfectly with our mission to make pickleball a sport for everyone. Together, we hope to create a platform that celebrates fitness, teamwork, and community spirit.”

    This partnership goes beyond the court. It’s a movement to build healthier lives, foster connections, and redefine what fitness looks like in today’s world. Pickleball is no longer just a sport; it’s a lifestyle.

    Catch the action as WPBL brings pickleball fever to India while ABI Health ensures the fitness revolution hits its stride.

  • Zeel  files $8 million counterclaim against Star India in ICC media rights dispute

    Zeel files $8 million counterclaim against Star India in ICC media rights dispute

    MUMBAI:  Like two Sumo wrestlers in the ring sizing each other up, Zee Entertainment Enterprises Ltd (Zeel) and the Reliance-and Walt Disney backed Star India have been circling each other, eyeing each other in relation to a failed  International Cricket Council (ICC ) men’s cricket rights (2024-27) rights deal the two had made with each other in August 2022. Both have been saying the other owes them money as the failed deal has proved to be an expensive affair.

    Star’s first claimed $940 million in damages in September 2024  over the failed International Cricket Council (ICC) broadcasting rights deal. Now, it’s the turn of  Zeel to file an $8 million counterclaim, plus interest against Star India. The dispute is being arbitrated by the London Court of International Arbitration (LCIA)

    It all began with Star sub-licensing ICC rights to Zeel.   Zeel later withdrew from the agreement and Star India took over the entire $3billion liability for the rights.  Star  has argued  that Zeel TV  failed to pay the $203.56 million first instalment (Rs 1,693 crore) and  meet additional financial obligations of Rs 17 crore for bank guarantees and deposit interest. In March 2024, Star initiated arbitration seeking enforcement of the agreement or damages. It later terminated the contract in June 2024 and focused on claiming damages. 

    Zeel submitted its defence on 23 December 2024, refuting Star’s claims and seeking a refund of Rs 69 crore paid under the agreement. The LCIA constituted a three-member tribunal, with proceedings at an early stage. Zee TV has argued that that the agreement became void due to Star’s failure to meet conditions precedent, including financial guarantees and ICC approval. Zeel  also cited the planned (but now failed) merger with Sony Pictures Networks as a complicating factor. Star India reported a Rs 12,548 crore net loss for FY24, driven by a Rs 12,319 crore provision for the ICC media rights deal.

    Zeel maintains that the dispute will not significantly impact its operations or finances, citing the strength of its legal position. The company’s board is monitoring the matter and remains confident in its ability to defend against Star’s claims.

  • Zeel shows smart bottom line, despite a slippage in its top line IN Q3 FY 25

    Zeel shows smart bottom line, despite a slippage in its top line IN Q3 FY 25

    MUMBAI: A sharp focus on its expenditure and tight cost controls have resulted in Zee Entertainment Enterprises Ltd (Zeel)  notching up a respectable showing in its latest quarter FY2025 results as well as for the nine months of FY2025.  The net result: there has been a growth in profitability despite revenues slipping because of a challenging advertising environment.

    The company’s operating revenue for Q3 2025 ended 31 December 2024 stood at Rs 19,788 million, reflecting a three per cent  decline year-over-year (YoY) due to a weak festive season and lower advertising revenues.

    In the investor call which followed, CEO Punit Goenka confessed  that “the green shoots we witnessed during the beginning of the quarter did not pick up the required pace to drive a positive growth momentum. This, coupled with muted spending by FMCG brands in a festive quarter, further slowed the pace of growth for the industry at large, although there was a marginal pickup in the rural recovery. The lacklustre sentiment in the urban market led to weaker demand November and December.  This, in turn, also impacted our advertising revenue during the quarter.” 

    Punit, however, expressed optimism of a recovery in the coming months. Said he: “Going forward, we are hopeful that the upcoming union budget will encompass pertinent steps by the honorable finance minister to revive the consumption cycle in order to spur growth. On the back of these factors, we remain optimistic about a gradual recovery in the new fiscal that will enable us to capitalise on the increased spending by advertisers.”

    Added deputy CEO &  CFO Mukund Galgali: “The TV industry landscape remains healthy, and the overall industry wide TV viewership has increased by 1.4 per cent further. We continue to be strong, number two entertainment network in India, and we have gained 40 BPS share to 16.9 per cent as  compared to the same period last year. And as Punit mentioned again, Zee  Marathi has shown a consistent progress four car intervention. And Zee  Tamil has also gained healthy share on a year on year basis compared to the same period last year. on the digital side, Zee5 has further narrowed its operating losses in this quarter. Its EBITDA loss is lower by Rs 22.6 crores in QoQ and Rs 107.8 crore YoY basis. A B2B deal which is still being discussed and was not renewed impacted our top line for Zee5.” 

    In contrast to ad revenues, subscription revenues grew by  seven per cent year on year to Rs 9,406 million driven by linear TV and digital platform Zee5. EBITDA for Q3 FY25 increased by 52 per cent YoY to Rs 3,184 million, with a margin of 16.1 per cent  (up from 10.2 per cent in Q3 FY24). Profit after tax (PAT) from continuing operations rose by 207 per cent YoY to Rs 1,636 million, underscoring effective cost management and operational efficiency. Total expenditure decreased by 10 per cent  YoY to Rs 16,604 million, driven by optimised programming and technology costs.

    For the nine month period ended 31 December for FY25, total revenue was at Rs 61,100 million a six per cent decline YoY, while expenditure decreased 10 per cent, reflecting disciplined cost control.  EBITDA for 9M FY25 rose by 31 per cent  YoY to Rs 9,110 million, with margins improving to 14.9 per cent  (up 410 basis points YoY). PAT from continuing operations increased by 167 per cent  YoY to Rs 4,988 million.

    Zee Network’s TV viewership share grew by 40 basis points YoY, driven by strong performances in Hindi movies and Marathi content. New show launches like Jaane Anjaane Hum Mile (Zee TV) and Lakshmi Nivas (Zee Marathi) contributed to the viewership growth. Zee5 recorded an eight per cent  YoY revenue growth in Q3 FY25, releasing 14 shows and movies, including seven originals. EBITDA losses for Zee5 reduced significantly YoY, reflecting better cost structures. Zee Music Company remained the second-largest music label with 160 million YouTube subscribers, adding 3.6 million during the quarter. The channel clocked 43 billion video views during Q3 FY 2025. Zee Studios released five films in Q3, including two Hindi and three regional movies.

    The company spent a lot more this quarter on promoting its shows as well as on building its brand following the collapse of the merger with Sony. Its advertisement and promotion expenses stood at Rs 2826 million  in Q3FY25 as against Rs 2275 million  in the previous quarter and Rs 2065 million Q3 FY 2024.  In the 9 months in FY2025, it has spent Rs 7725 million as against Rs 6963 million in 9m FY2024. 

    The company also announced the appointment of media veteran Divya Karani as an additional director in the category of independent director for three years with effect from 23 January 2025  based on the recommendation of the nomination & remuneration committee and subject to the approval of the ministry of information and broadcasting and shareholders of the Company.  Finally, Zeel’s sustainability efforts saw a 33 per cent  reduction in waste sent to landfills and an 11 per cent decrease in daily carbon emissions during FY24.

  • Business Today unveils jury for 13 edition of India’s Best CEOs Awards

    Business Today unveils jury for 13 edition of India’s Best CEOs Awards

    MUMBAI: When it comes to celebrating corporate brilliance, Business Today leads the way. The 13 edition of BT India’s Best CEOs Awards is set to recognise the extraordinary leadership shaping India Inc., with the winners being adjudicated by a distinguished jury on 27 January 2025 in Mumbai.

    The prestigious annual awards, designed to honour excellence across industries, will be chaired by HDFC AMC chairman Deepak Parekh. A luminary in India’s financial sector, Parekh is celebrated for his visionary leadership and transformative contributions.

    Joining Parekh is a panel of ten eminent business leaders, bringing unmatched expertise and insight to the table:

    1. Bharat Puri, Managing Director, Pidilite Industries Ltd

    2. Sanjeev Krishan, Chairperson, PwC in India

    3. Manoj Kohli, Former CEO, Bharti Airtel; Former Executive Chairman, SoftBank Energy

    4. Amit Tandon, Founder & Managing Director, Institutional Investor Advisory Services

    5. Amish Mehta, Managing Director & CEO, Crisil

    6. Namita Thapar, Executive Director, Emcure Pharmaceuticals

    7. Manisha Girotra, CEO, Moelis India

    8. Mathew Cyriac, Executive Chairman, Florintree Advisors

    This stellar panel will evaluate CEOs on key performance parameters such as financial performance, strategic direction, successful M&A deals, shareholder returns, global expansion, and turnaround achievements.

    The awards programme selects its nominees from the BT 500 list, which ranks India’s largest firms by market capitalisation. In addition to its main categories, the awards feature special honours like Business Icon of the Year, Lifetime Achievement, and Impact Leader of the Year.

    For over a decade, PwC in India has served as a trusted knowledge partner, ensuring the evaluation process remains credible and rigorous. Their continued association underscores the legacy of integrity and excellence that defines these awards.

    The winners of the 13 BT India’s Best CEOs Awards will be revealed during a grand event on 21 March 2025 in Mumbai. This highly anticipated ceremony will celebrate the achievements of leaders whose contributions continue to inspire and transform Indian business.

    The BT India’s Best CEOs Awards are more than just accolades—they are a testament to the vision, resilience, and innovation that drive India’s economy. The 13 edition promises to once again spotlight those who have led with distinction and paved the way for a brighter, more prosperous corporate landscape.

  • Network18 tops the charts as India’s number one news network

    Network18 tops the charts as India’s number one news network

    MUMBAI: When it comes to dominating the Indian news scene, Network18 doesn’t just report the news—it is the news. Mukesh Ambani’s Reliance Industries has done it again, making headlines for owning the headlines!

    With the latest BARC ratings in its corner, the network is flexing its muscles as India’s number one, clocking a jaw-dropping AMA of 2,02,636—nearly double its closest rival’s 1,10,826. Looks like the competition is still buffering while Network18 streams ahead!

    Network18’s meteoric performance was propelled by its power-packed programming for Maha Kumbh 2025, which captivated audiences nationwide. The comprehensive coverage, combined with visually stunning storytelling, resonated deeply with viewers, garnering over 200 million views across the network’s digital platforms. This milestone further reinforced Network18 as the go-to destination for impactful and engaging event coverage.

    With 20 national and regional TV channels, Network18 connects with diverse audiences across India. Its impressive portfolio includes CNN-News18, which has reigned as the number one English news channel for over two years, and News18 India, dominating primetime as the top Hindi news channel.

    In the business news category, CNBC-TV18 continues to lead as the unquestioned authority, delivering reliable and influential coverage. Network18’s regional channels have also consistently claimed top spots, demonstrating the network’s strong local connect and commitment to reaching every corner of the country.

    The BARC ratings (Source: BARC | Metric: AMA 000s | TG: 15+ | Period: Wk 02’25 | Market: All India) showcase Network18’s significant dominance over its competitors. These figures cement the network’s reputation as India’s largest and most trusted news source.

    With its innovative programming, on-ground coverage of pivotal events, and strong digital presence, Network18 has redefined news consumption in India. Whether it’s covering global stories or deeply local issues, the network’s ability to inform, engage, and connect remains unmatched.

    Network18 has not just captured numbers; it has captured trust.

  • Zee Telugu to premiere heartwarming drama Ennallo Vechina Hrudayam on 27 January

    Zee Telugu to premiere heartwarming drama Ennallo Vechina Hrudayam on 27 January

    MUMBAI: Zee Telugu continues its legacy of compelling storytelling with the upcoming drama series Ennallo Vechina Hrudayam, set to premiere on 27 January, airing Monday to Saturday at 2:30 pm.

    The show follows the emotional journey of Tripura Sundari, portrayed by Tanviya, a nurturing teacher devoted to protecting her younger sister, and Bala Krishna, played by Chandu Gowda, a former businessman recovering from brain damage after a car accident. As Bala’s family seeks treatment in Ramapuram, he encounters Tripura, whose kindness begins to positively influence his recovery.

    With a talented cast including Mumtaj, Lakshman, Uma, Khushal, Prasad, Karate Kalyani, and Viswa, Ennallo Vechina Hrudayam promises an engaging narrative of love, courage, and transformation that is sure to captivate viewers.