Category: TV Channels

  • Golden Eagles Golf Championship returns for 8th edition in Gurgaon

    Golden Eagles Golf Championship returns for 8th edition in Gurgaon

    Mumbai: On 17 November 2024, the prestigious ‘Vishwa Samudra Golden Eagles Golf Championship’ will return for its 8th edition at the esteemed Classic Golf & Country Club in Gurgaon. This highly anticipated event, organized by the Vishwa Samudra Group, will bring together elite athletes, celebrities, and business leaders for a spectacular blend of sport, luxury, and entertainment.

    Participants will compete for top prizes, including a ‘BMW XM’ for a Hole-in-One and a ‘Rolex Oyster Perpetual’ for the overall champion. Other exciting rewards, such as iPhones, PXG irons, and exclusive gift vouchers, add to the event’s allure.

    Expressing his enthusiasm, Vishwa Samudra Group chairman, Chinta Sasidhar stated, “The Vishwa Samudra Golden Eagles Championship is not just a golf tournament; it’s a celebration of excellence and a gathering of visionaries. We are thrilled to see it grow year after year, bringing together sports icons, industry leaders, and enthusiasts who share a passion for the game. This year’s edition will undoubtedly be our most spectacular yet, and we look forward to creating memorable experiences for everyone involved.”

    The event’s theme—’Golf, Glamour, Glory’—is set to elevate the championship with professional and celebrity golfers, including Indian cricket legend Kapil Dev, and golf pros Neha Tripathi and Ridhima Dhilawari. Adding an international flair, Swedish pro Camila Lennarth will join, enhancing the competitive spirit of this premier event.

    Evening festivities will feature live performances, highlighted by a show-stopping act from India’s rap sensation Badshah during the award ceremony. Signature entertainment and world-class acts will ensure an unforgettable night for attendees.

    Event Details:

    – Date: November 17, 2024

    – Venue: Classic Golf & Country Club, Gurgaon

    – Entertainment and Awards Ceremony: 7:30 PM Onwards

  • Zindagi DTH unveils November lineup packed with iconic on-screen jodis

    Zindagi DTH unveils November lineup packed with iconic on-screen jodis

    Mumbai: This November, Zindagi DTH captivates viewers with an exciting lineup featuring new dramas and cherished classics, celebrating iconic on-screen couples and compelling stories. With carefully curated programming, audiences are set for a month full of love, drama, and timeless jodis that will resonate deeply.

    Leading the lineup is Be Aib, a fresh drama exploring the themes of family dynamics and resilience through love. The story follows Sadaf, a determined mother who interrupts her daughter Tooba’s engagement to Taimur after an accident, sparking emotional conflicts. Starring Samina Peerzada, Ismat Zaidi, and Tariq Jameel, Be Aib airs daily.

    Back by popular demand, Dunk returns with its gripping narrative that tackles betrayal and justice when a student, Amal, accuses her professor, triggering unforeseen consequences. Featuring Bilal Abbas Khan, Sana Javed, Yasra Rizvi, and Noman Ejaz, this drama premieres on 30 November.

    Laapata, another fan-favorite series, is set to return with its tale of unfulfilled love and the challenges born from flawed choices. The series, starring Sarah Khan, Ayeza Khan, Ali Rehman Khan, and Gohar Rasheed, will air from 29 November, blending serious themes with lighthearted moments.

    The acclaimed Kabli Pulao streams from 9 November on Zindagi’s YouTube channel. This heartwarming drama, starring Mohammed Ehteshamuddin, Nadia Afgan, and Sabeena Farooq, follows Barbina, an Afghan widow finding new life in Pakistan, and showcases cross-cultural bonds with poignant storytelling.

    Alishba Yousuf, who plays Tooba in Be Aib, reflected on her experience: “Working on *Be Aib*, sparks memories of times when I was so invested in playing Tooba. Her look, her dialogues, and conversations with Sameena Apa were all important. And because I try to deeply delve into my characters, I felt Tooba’s innocence, her quietness and her curiosity. It was a lovely experience and Sameena Apa was truly the best suited actor for Tooba’s Mom. She was amazing and as powerful as the character needed her to be. I remember learning something very important just by listening to her talk. Now that *Be Aib* is airing on Zee India, I wish all the best to each and every member of the team and hope that audiences in India can see the subtle nuances in Tooba’s story and enjoy it as much as we enjoyed creating it. I also do hope that the perseverance of girls like Tooba can be seen.”

    Zindagi DTH’s programming this November continues with other beloved titles like Ishq Zehnaseeb, featuring Zahid Ahmed, Yumna Zaidi, Sami Khan, and Sonya Hussain, starting on 14th November. Aunn Zara, starring Maya Ali and Osman Khalid Butt, airs from 15 November. Watch O Rangreza with Bilal Abbas, Sajal Aly, and Noman Ijaz from 25 November, and enjoy Mujhe Pyaar Hua Tha, featuring Wahaj Ali, Hania Aamir, and Zaviyar Nauman Ijaz, starting on 29 November.

    Fans can also catch Cheaters as the Sunday blockbuster on 10 and 24 November, while the celebrated classic Humsafar, starring Fawad Khan and Mahira Khan, will be part of ‘Jashn-e-Superstar’ every Sunday until 24 November.

  • Sony Pix celebrates 100 years of Columbia Pictures with ‘Century of Cinema’

    Sony Pix celebrates 100 years of Columbia Pictures with ‘Century of Cinema’

    Mumbai: Sony Pix is commemorating a century of Columbia Pictures’ cinematic excellence with its special campaign, ‘Century of Cinema’. This initiative offers viewers not only a curated selection of top Sony Pictures Entertainment films but also an opportunity to win a once-in-a-lifetime trip to the iconic Columbia Pictures Aquaverse with an interactive contest.

    From 16 November 2024, viewers can tune in to Sony Pix at 7:00 pm for four consecutive weekends to participate in a unique interactive contest. By scanning a QR code displayed on the screen or Instagram account, viewers will be transported to a microsite. Once on the microsite, participants can collect character cards inspired by famous characters from Sony Pictures Entertainment movies. Each card possesses unique points and abilities. The user with the highest score at the end of the contest will be the lucky winner of the grand prize: a dream vacation to Columbia Pictures Aquaverse.

    To make this celebration even more special, Sony Pix will screen a lineup of iconic films, including Taxi Driver (1976), Anaconda (1997), Godzilla (1998), Spider-Man 2 (2004), 2012 (2009), Captain Phillips (2013), Spider-Man: Into the Spider-Verse (2018) and Uncharted (2022).

  • Tyrell and Storj Advance the Media & Broadcast Entertainment Tech Stack, Producing Results with Distributed Cloud Innovation

    Tyrell and Storj Advance the Media & Broadcast Entertainment Tech Stack, Producing Results with Distributed Cloud Innovation

    ATLANTA: Today Storj and Tyrell announce a growing partnership taking media and entertainment to new heights through the distributed cloud. Tyrell’s commitment is to make media simple. They are a global technology distributor delivering leading solutions for broadcast, television production and live performance. Their focus is not just as a supplier, but as a partner in producing results and supporting future success.

    Storj is a game-changer in media storage, offering a revolutionary decentralised platform. By aggregating unused storage capacity from data centers worldwide, Storj empowers cloud providers to allocate a portion of this spare capacity to their networks. This innovative approach delivers several key benefits from sustainability and global accessibility to cost-effectiveness.

    storj

    Storj is a game-changer in media storage, offering a revolutionary decentralised platform. By aggregating unused storage capacity from data centers worldwide, Storj empowers cloud providers to allocate a portion of this spare capacity to their networks. This innovative approach delivers several key benefits from sustainability and global accessibility to cost-effectiveness.

    Customers in the UK and Ireland rely on Tyrell to deliver the best solutions to ever-changing needs from streaming, encoding and file transfers to graphics, VFX and OTT video workflow services. “Storj is proud to collaborate with Tyrell to deliver transformative solutions for production, post-production, broadcast and more. The best testament to this is the enthusiasm of Tyrell’s customers for what Storj delivers in efficiency, performance and global workflows that are unprecedented in ease of use and transfer speed,” said Colby Winegar, CEO, Storj.

    “Storj has broken the mold in cloud services. It’s rare that a technology comes along that allows you to see things differently, and that’s exactly what Storj has done. The workflow options that are now possible because of the Storj architecture, are resulting in a real shift in how media post-production can happen. Making the world smaller and greener- we’re thrilled to be part of the Storj story,” said Dan Muchmore, Sales & Marketing Director, Tyrell.

    He added, “Storj offers substantial cost savings compared to major cloud providers like AWS and Microsoft Azure, making it perfect for workflows where collaborators are located around the world. Unlike traditional providers, with Storj there’s no regional lock-in. Once files are distributed, they’re instantly accessible worldwide and users can access them from their desktops as files.”

    Together Tyrell and Storj are advancing distributed cloud solutions to accelerate the future of the media and entertainment industry. Storj increases the value of existing media workflow investments, making them faster, more global and more sustainable by leveraging spare storage space and GPUs available around the world, and bringing high-performance storage and compute to the edge to be accessed anywhere, anytime. Storj also helps businesses reduce the carbon footprint of storing and distributing data more efficiently.

    Storj has built the largest DePIN (Decentralized Physical Infrastructure) platform in the world. It is rapidly expanding due to strategic partnerships with forward-thinking companies like Tyrell.

  • Reliance-Disney Star: joint venture to finally fall in place by 18 November

    Reliance-Disney Star: joint venture to finally fall in place by 18 November

    MUMBAI: Here’s more on the Reliance-Viacom18-Disney Star India. Disney Star India distribution and international head Gurjeev Singh Kapoor is moving on. That came across as a shocker to many in the industry as he was known to be close to vice-chairman Uday Shankar and has had a good track record in terms of achieving targets and getting in revenue. Rumours are that he is likely to be headed to Sony Pictures Network India (SPNI) to work closely with CEO Gaurav Banerjee. Others say he is going to be turning entrepreneur.

    Questions are being raised as to the fate of IndiaCast COO Piyush Goyal and international head Govind Shahi as the buzz in the organisation is that a new professional is likely to take Gurjeev’s place. Some fingers are being pointed towards SPNI’s Rajesh Kaul hopping on board. 

    While many have been saying that the new joint venture entity is going to be called JioStar and the email addresses are going to be jiostar.com, others are saying that the merged entity is going to be under Star India and the email addresses will be startv.com. Mails have been zipping around to executives in the two organisations and to clients announcing this, if sources are to be believed.

    Sources indicate that the final announcements of the executives who will be staying or moving on are going to be made by 15 or 16 November with everything finally falling into place by 18 November. 

    Here’s hoping that we, at indiantelevision.com, are not adding to the oodles of speculation being floated around. Only time will tell. 
     

  • India hosts FISU World University Championship Shooting 2024

    India hosts FISU World University Championship Shooting 2024

    Mumbai: India is hosting the FISU World University Championship Shooting 2024 for the first time, with the opening ceremony held at Manav Rachna International Institute of Research & Studies (MRIIRS) in Faridabad. The event, organized by the Association of Indian Universities (AIU), brings together top university-level athletes from around the world.

    The opening ceremony was attended by key dignitaries, including government of Haryana’s minister of state for youth empowerment & entrepreneurship, sports, and law & legislative affairs, Gaurav Gautam and Government of India, IAS, secretary of sports, ministry of youth affairs & sports, Sujata Chaturvedi

    The championship has drawn over 200 athletes from 23 countries, including eight Olympians such as Privratsky Jiri (Czech Republic), Sevval Layada Tarhan (Turkey), and Nobata Misaki (Japan). The Indian team includes shooters like Aishwarya Pratap Singh Tomar, Sift Kaur Samra, Manini Kaushik, and Bakhtyaruddin Mohamadmuzahid Malek, competing for top honors.

    As the host university, Manav Rachna International Institute of Research & Studies has played a crucial role in making this event possible. Organising committee president and Manav Rachna Educational Institutions VP Dr. Amit Bhalla said, “It is a profound honor for Manav Rachna to serve as the host university for the FISU World University Championship Shooting 2024, a landmark moment for India and for university sports worldwide. This championship embodies the values of resilience, unity, and sportsmanship that transcend borders, fostering a global spirit of collaboration and mutual respect. We celebrate not only the skill and dedication of these exceptional athletes but also the cultural exchange and camaraderie that sports inspire. This event is more than a competition—it is a platform for creating relationships, sharing stories, and building memories that will connect and inspire future generations across the globe.”

    As a key partner in the event, Association of Indian Universities (AIU) general secretary Dr Pankaj Mittal, underscored the pivotal role AIU plays in nurturing sports talent at the university level. “Over the next five days, we will witness intense competition and exceptional sportsmanship as athletes from around the world strive for glory. This championship exemplifies AIU’s commitment to promoting university sports, fostering international collaboration, and building lasting relationships among students from diverse nations,” she stated.

    AIU’s role in promoting sports at the university level has been instrumental in creating platforms for student-athletes to showcase their talents globally. The association has long championed the cause of sports in universities, and this event is a testament to their dedication to enhancing university sports culture in India.

    FISU VP Marian Dymalski said, “Shooting sports require immense strength, determination, and commitment. This event provides athletes with a platform to showcase their skills and achieve greatness. FISU is proud to support these athletes as they strive for excellence, and through their dedication”.

    Addressing the opening ceremony, government of Haryana’s minister of state for youth empowerment & entrepreneurship, sports, and law & legislative affairs, Gaurav Gautam emphasised the growing importance of India as a host nation for international sporting events. “India has vast potential as a host for global sporting competitions, and I am confident that this championship will pave the way for us to organize many more such prestigious events in the future,” he said.

    Government of India, IAS, secretary of sports, ministry of youth affairs & sports, Sujata Chaturvedi echoed this sentiment, welcoming the athletes from across the world. “It is a privilege to host athletes from over 23 countries here in India. I extend a warm welcome to all the participants to experience the rich heritage and dynamic sports culture that our country proudly upholds,” she said.

    The opening ceremony included a vibrant display, with athletes carrying their national flags, followed by cultural performances celebrating India’s heritage. A formal athletes’ pledge underscored the values of integrity and sportsmanship, setting the tone for the competitions ahead.

  • Uncovering ‘The Secret Genius of Modern Life’ with Sony BBC Earth

    Uncovering ‘The Secret Genius of Modern Life’ with Sony BBC Earth

    Mumbai: Sony BBC Earth will premiere The Secret Genius of Modern Life on 18 November 2024. The series uncovers the fascinating histories behind everyday objects, taking viewers on a journey to explore the innovations behind items like passports, vacuum cleaners, mobile phones, and more.

    Hosted by Dr Hannah Fry, the series delves into a high-security facility where passports are created with advanced safety features. It also traces the evolution of household devices, such as vacuum cleaners, from early models to Dyson’s modern versions, highlighting the role of spinning dust separators and HEPA filters. Similarly, mobile phones are explored from their bulky origins to sleek smartphones, showcasing advancements in touchscreens, antennas, and rare earth materials.

    The show also highlights technologies like the microwave oven, which evolved from WWII radar technology, and the science behind modern elevators, showcasing how steel cables and sophisticated brakes have improved safety.

    Tune in to The Secret Genius of Modern Life on Sony BBC Earth, airing Monday to Friday at 12 pm and 9 pm starting 18 November.

  • TAM seeks to re-enter TV ratings: Storyboard18 report

    TAM seeks to re-enter TV ratings: Storyboard18 report

    MUMBAI: The TV ratings saga in India has got a new twist, if Network18’s Storyboard18 is to be believed. According to an unconfirmed report filed with it, the erstwhile TV viewership monitoring body TAM Media is seeking to take a majority stake in its 49: 51 joint venture with BARC – Meterology Data  Pvt Ltd (MDPL), the meter management company which manages panel operations for India’s  current TV audience measurement system.

    MDPL deploys and maintains the meters that form the TV panel, as per sample design specifications and guidelines laid down by the BARC technical committee, and supplies raw data to it which in turn provides it to channels, agencies and marketers.

    To get some perspective, TAM has been pursuing the ministry of information and broadcasting (MIB) to issue it a licence to monitor viewership of India’s television landscape, a role it performed prior to BARC taking charge, following a section of the industry’s disgruntlement with the former. But the MIB has yet to decide on its application.

    Currently, management control of MDPL lies in BARC’s hands,  which provides TV viewership figures, while TAM provides advertising expenditure, radio listenership and sports related data.

    A section of the industry believes that with TAM taking majority control of MDPL, a reverse merger between the two would be a logical conclusion, the storyboard18 report states, quoting anonymous sources, The other option is that TAM gets a licence and television in India has two ratings agencies, which will be unaffordable to the media and advertising industry because of the huge costs involved, explains the storyboard18 report.

     It adds that TAM (a 50:50 joint venture between Nielsen and Kantar Media) will also have to undergo shareholding structural changes with media agency Group M exiting from Kantar Media (on account of conflict of interest, as per Indian regulations) before the MIB can issue it a licence. 

    Picture courtesy Hathway annual report)

  • Nirahua on Aap Ki Adalat: ‘Legalize polygamy for married men with kids, I’m ready’

    Nirahua on Aap Ki Adalat: ‘Legalize polygamy for married men with kids, I’m ready’

    New Delhi: Bhojpuri actor and former BJP MP Dinesh Lal Yadav ‘Nirahua’ revealed many secrets about his personal life in Rajat Sharma’s ‘Aap Ki Adalat’ show, which was  telecasted tonight at 10 pm on India TV.

    Asked about his personal relationship with his co-star Amrapali Dubey with whom he has done 35 movies, Nirahua said: “Our fans created all this ‘chakkar’ (affairs). Earlier when I used to co-star with Pakhi Ji (Pakhi Hegde with whom Nirahua co-starred in his earlier movies), and I used to go on stage, the audience used to ask me to bring Bhauji (my wife)… and after I co-starred with Amrapali Ji in movies and went for election campaigning in Azamgarh, people used to chant slogans ‘Dinesh Lal Yadav Zindabad, Amrapali Bhauji Zindabad’. I used to tell people, ‘arre yaar’, why are you spoiling somebody’s life. I am married, I have two children. She is such a beautiful actor, if she marries, she will choose a person of her choice. Why do you make her ‘Bhauji’ (my wife)? Now, what can we do?….”

    When Rajat Sharma pointed out that it was Amrapali, who when asked about her relationship, had commented, ‘what better thing can happen than an affair with Nirahua..marrying means having a dip in the Holy Ganga’?

    Nirahua replied: “Today we are sitting in Adalat, and our Judge (Malini Awasthi) is here. You make a law that a man with two kids can marry, I am ready for it.”

    When Rajat Sharma pointed out that he had prayed at Ram Lala temple in Ayodhya with Amrapali by his side, Nirahua replied: “Look, when we do some show, or visit some shrine, and the heroine says, I will go with you for darshan, what should I say? That I will do the darshan alone and I won’t take you with me? That’s why we went together”.

    Rajat Sharma: You are not that innocent. When both of you met Swami Rambhadracharya, he asked whether she is your sister, and you replied, she is my Ardhangini (wife).

    Nirahua replied: “Let me explain the reason. We went and touched the feet of Baba. He joked with me asking whether your sister is with you. Then I too joked with Baba and said, she is my Ardhangini. He is a great guru and he knows everything. The baba has claimed that he has seen Bhagwan Ram. When he has seen so much, she has played the role of my wife in 35 movies, she never played the role of sister in a single movie, and the Baba was asking, is she your sister?”

    Karishma Kapoor

    The Bhojpuri star revealed his crush on Bollywood actor Karishma Kapoor when he was an adolescent. When Rajat Sharma asked him why he used to put posters of Karisma Kapoor on the walls of his home, Nirahua replied: “Mujhe Lagta Hai, Woh Jawani Jawani Nahin, Jishi Koi Kahani Nahin’ (Adolescene is worthless if there are no happenings). We have all got a life. Nobody knows whether  one will get another life. We don’t want to go to Heaven and God tellin you that you were offered everything in life. So I don’t  lose any opportunity.”

    Nirahua disclosed: “I am a big fan of Karisma Kapoor. I never missed the first day, first show of her movie. I bunked classes to watch her first show. Once I even sneaked out of an Army NCC camp to watch the first Friday show. I did not want my record to be broken. I was so crazy that I used to pin Karisma’s posters on the walls of our home. When my father used to do pooja, some of the smoke from incense sticks used to go towards those posters. My dad used to scold and thrash me for these posters.”

    Rajat Sharma: Do you still remember those thrashings?

    Nirahua: Now when I go to sleep, my dad appears in my dreams and thrashes me.

    Rajat Sharma: You haven’t stopped doing mischief?

    Nirahua: “A monkey, even when  old, never stops doing somersaults.”

    Mumbai Film Industry

    The Bhojpuri star lashed out at the Mumbai film industry alleging that it was trying to “degrade” Bhojpuri movies by labelling them as “vulgar”.

    He said: “It is a big conspiracy to defame Bhojpuri movies. We make our movies at a cost of nearly Rs 1 crore, while their movies cost Rs 10 crore, 20 crore, 50 crore to Rs 100 crore.  When they try to screen their movies in our cinema halls, the owners say, Nirahua’s movie is being screened, we won’t screen yours.  Industry people start thinking how dare these owners not screen movies of big Bollywood superstars. Then they find methods to ‘degrade’ Bhojpuri movies. In every interview, on every platform, Bhojpuri movies are described as vulgar and obscene. Let the nation decide. If our songs have vulgar lyrics, Hindi movies also have vulgar lyrics. In our movie, if we show a wife asking her husband to fix the hook of her bra, who can do that except the husband? And what do they show, ‘Choli Ke Peechey Kya Hai’?

    Nirahua said: “I want to make one thing clear. Movies made for entertainment, in whichever industry, are made like this. It is for the audience to choose what to see. Pawan Singh (Bhojpuri actor) Ji once said, I sang more than 500 bhajans for gods and goddesses, why don’t people watch them? Why do they watch ‘lollypop’ song? Whereve we go across the world, they play similar songs. So, it is the audience who should decide what they would like to watch.”

    On Bhojpuri Stars

    Nirahua frankly described the manners of other Bhojpuri movie stars like Manoj Tiwari, Ravi Kishen, Pawan Singh and Khesari Lal.

    Asked whom does he consider as no one in Bhojpuri film industry, given the present competition for the top slot between Pawan Singh and Khesari Lal, Nirahua replied jokingly: “I have told both these brothers that the top three slots are reserved for Nirahua, and they should fight for the fourth and fifth slots.”

    Rajat Sharma: Whom do you consider the most mischievous among these?

    Nirahua: “Pawan Singh is the power star. He is the most mischievous. During the 2019 elections, we decided to go for filing nominations – Pawan Singh, Khesari Lal and me. A helicopter was booked. I and Pawan Singh sat. Pawan Singh wanted the helicopter to take off. I said, Khesari is coming. He became crazy. He said, why did you call him?  I said, let him come too. He challenged me saying, show me if all three can go. Before the chopper was to take off, Pawan Singh stood up and asked the pilot to come to the back. He said he would himself fly the chopper. He said, I am the power star, I will fly the chopper. Khesari was scared. He said, I am not going, and  he went away. Then Pawan Singh asked the pilot to take off. So, nobody can match him in the matter of pranks. People used to say, he is Hanuman. He is still like that.”

    Rajat Sharma: I heard Ravi Kishen is the one who gives ‘gyaan’ to all? Tells all of you, how to handle producers?

    Nirahua: Actually, he is the guru among all of us. Whenever we meet, he says, ‘Zindagi Zhand Baa, Phir Bhi Ghamand Baa’.

    On politics, Nirahua described how he first became a fan of RJD founder Lalu Prasad Yadav, and then followed Mulayam Singh and Akhilesh Yadav, and now he considers Narendra Modi as the best among all.

  • Zee Media: dip in Q2 financials; fighting to make a comeback

    Zee Media: dip in Q2 financials; fighting to make a comeback

    Mumbai: In a challenging landscape for Indian media, Zee Media Corporation’s financial report for Q2 FY25 illustrates a stark balance between adversity and adaptability. Despite a 13 per cent year-on-year (YoY) dip in revenue and a compounded increase in net losses, the media conglomerate is proactively mobilising strategies to offset liquidity challenges, implement cost rationalisation, and increase cash flow sustainability. This complex mix of financials unveils Zee Media’s intricate navigation through volatile financial waters, hinting at the company’s efforts to secure long-term viability.

    Zee Media’s revenue for Q2 FY25 reached Rs 9,429 lakhs, marking a drop from Rs 10,930 lakhs during the same period in FY24. While the reduced revenue underscores a challenging advertising environment and broader industry pressures, the consolidated half-year performance demonstrated resilience, with total revenue standing at Rs 30,666 lakhs, just over the previous year’s Rs 29,200 lakhs.

    The company’s operating expenses, however, saw a nuanced reduction—a reflection of cost-cutting measures aimed at stabilising margins. Total expenses decreased marginally to Rs 15,430 lakhs in Q2 FY25 from Rs 15,480 lakhs in Q1, driven primarily by reductions in operating costs and moderated employee benefits expenses, which decreased from Rs 4,411 lakhs in Q2 FY24 to Rs 4,128 lakhs this year. Nonetheless, escalating finance costs and amortisation expenses, standing at Rs 729 lakhs and Rs 2,381 lakhs respectively, indicate rising capital expenses amid restructuring efforts.

    Zee Media’s net loss widened significantly to Rs 4,324 lakhs, intensifying from a loss of Rs 2,781 lakhs YoY. The half-year net loss reached Rs 6,024 lakhs, indicating persistent financial strain. This loss trajectory reflects Zee Media’s increasing challenges in revenue generation and mounting obligations.

    Zee Media’s exceptional Items, totaling Rs 800 lakhs in Q2 FY25, offered some cushion but were insufficient to turn the tide against compounded losses. Furthermore, cash flow from operating activities declined by 15 per cent YoY, indicating a tightening liquidity position that could necessitate further intervention.

    Acknowledging these financial pressures, Zee Media has devised strategies to bolster liquidity through capital infusion and credit period extensions. Recently approved by shareholders, Zee Media has secured an arrangement to raise up to Rs 20,000 lakhs via convertible warrants. The warrants, priced at Rs 15 each, will enable the issuance of over 13 crore new equity shares, a step anticipated to augment both equity capital and long-term solvency.

    Simultaneously, the company announced plans to leverage its existing credit and payment obligations to realign its cash flow. Cost-saving measures, primarily targeting operational expenses, are projected to contribute to a more sustainable financial model, positioning Zee Media on a more stable footing amidst the adverse economic landscape.

    The report also unveiled Zee Media’s strategic pivot with the incorporation of two wholly-owned subsidiaries: Zee Media Inc. in Delaware, USA, and Pinews Digital Private Limited in India. Both subsidiaries signal the company’s foray into global markets and digital spaces, indicating its commitment to diversifying revenue streams beyond traditional media channels. However, the overseas investment into Zee Media Inc. awaitss regulatory clearances under India’s overseas direct Investment guidelines, which could delay potential revenue from these ventures.

    While Zee Media’s financial indicators reveal substantial losses and cash flow constraints, the company’s multi-pronged approach to capital infusion and strategic reallocation underscores its determination to navigate financial uncertainty. With media companies globally adjusting to shifts in digital consumption and advertising revenues, Zee Media’s future rests heavily on its cost-control strategies, capital access, and the successful activation of its newly-incorporated subsidiaries.

    The company’s proactive measures, coupled with robust shareholder backing, could enable Zee Media to recover from its current deficit and steer toward financial resilience. As Zee Media continues to grapple with industry-wide challenges, its commitment to securing capital and exploring new markets highlights a potentially sustainable, albeit cautious, trajectory for India’s leading news broadcaster.

    Financial Highlights:

    1    Revenue Decline: Zee Media reported a 13 per cent YoY decrease in revenue for Q2 FY25, with earnings of Rs 9,429 lakhs compared to Rs 10,930 lakhs in Q2 FY24.

    2    Half-Year Revenue: Total revenue for the first half of FY25 reached Rs 30,666 lakhs, slightly below Rs 29,200 lakhs from the previous year, reflecting the impact of ongoing industry pressures.

    3    Operating Cost Reduction: Total expenses slightly declined to Rs 15,430 lakhs in Q2 FY25 from Rs 15,480 lakhs in Q1, aided by cost-cutting measures, particularly in operating costs and employee benefits.

    4    Net Loss Expansion: Net losses for Q2 FY25 widened to Rs 4,324 lakhs from Rs 2,781 lakhs in Q2 FY24. Half-year losses totaled Rs 6,024 lakhs, underlining sustained financial strain.

    5    Exceptional Items: Exceptional gains of Rs 800 lakhs in Q2 FY25 partially offset losses but were insufficient to reverse the trend.

    6    Capital Infusion Strategy: Zee Media has secured shareholder approval for a Rs 20,000 lakhs capital infusion via convertible warrants to strengthen liquidity.

    7    Convertible Warrants Issuance: The issuance involves over 13 crore equity shares, priced at Rs 15 per share, aimed at enhancing equity capital.

    8    Subsidiary Expansion: Zee Media launched two wholly-owned subsidiaries, Zee Media Inc. in the U.S. and Pinews Digital Private Limited in India, for global and digital market expansion.

    9    Liquidity Constraints: Cash flow from operating activities declined by 15 per cent YoY, highlighting liquidity pressure and the need for ongoing intervention.

    10    Cost Control Measures: To counterbalance losses, Zee Media implemented operational cost rationalisation, with the aim of stabilising finances and bolstering long-term resilience.