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Marco Bassetti to be bestowed with Variety Vanguard Award at Mipcom Cannes
MUMBAI: Marco Bassetti, the no-nonsense chief of Banijay, is set to receive the prestigious Variety Vanguard Award at Mipcom Cannes this October. Known for helming global smashes like Survivor and Peaky Blinders, Bassetti will be honoured on 13 October during a keynote conversation at the Palais des Festivals.
The award—jointly presented by Variety and Mipcom—recognises television titans who’ve reshaped the global entertainment business. And few have done it with as much panache (and profit) as Bassetti.
“Marco Bassetti is one of the most entrepreneurial, visionary and impactful television executives of our era who has led Banijay Entertainment to be the world’s largest production and distribution group through his championing of creativity, independence, and innovation,” said Mipcom Cannes & Mipcom Junior director Lucy Smith. “It is our privilege to partner with Variety to recognize his achievements in front of the global TV industry at Mipcom Cannes and to hear his insights on wider opportunities, developments and trends globally, which as a true vanguard, are always invaluable.”
Variety co-editor in chief Cynthia Littleton said “Banijay has proven to be one of the most dynamic of the super indie content groups to emerge on the global stage.” She added: “Under Marco Bassetti’s leadership the company has delivered strong results and ambitious slates. We are happy to present him with the Variety Vanguard Award at Mipcom 2025 for his contributions to this ever-growing industry.”
Strong and ambitious are understatements. In 2024, Banijay racked up a staggering €3.3 billion in content business and posted an EBITDA margin of 15.8 per cent. While already ruling the unscripted kingdom, Bassetti now has scripted squarely in his sights—with the company eyeing €1 billion in scripted revenues for 2025. The pipeline includes Carême (Shine Fiction for Apple TV+), Asterix & Obelix: The Big Fight, and a much-hyped Peaky Blinders film for Netflix.
If that wasn’t enough, Bassetti’s been on a shopping spree: acquiring Caryn Mandabach Productions (home of Peaky), Fábrica, The Forge, and Balich Wonder Studios (FIFA World Cup Qatar 2022), plus stakes in Hyphenate Media Group, Conker Pictures, Rabbit Track Pictures, and Lenny Henry’s Esmerelda.
The award will be the crowning moment of C-Suite Conversations—a Mipcom-Variety initiative helping top execs decode the chaos of today’s content world.
Mipcom Cannes runs 13–16 October. And with Bassetti centre stage, the festival’s finale promises to be nothing short of blinding.
iWorld
Netflix celebrates a decade in India with Shah Rukh Khan-narrated tribute film
MUMBAI: Netflix is celebrating ten years in India with a slick anniversary film voiced by Shah Rukh Khan, a nostalgic sprint through a decade that rewired how the country watches stories. The campaign doubles as both tribute and reminder: streaming did not just enter Indian homes, it quietly rearranged them.
Roll back to 2016 and television still dictated schedules. Viewers waited weeks, sometimes months, for favourite films to appear on prime time. Family-friendly filters narrowed options further, and piracy often filled the gaps. Then Netflix arrived, softly but decisively, carrying a catalogue of international titles rarely seen in Indian theatres and placing them a click away. Old blockbusters and new releases suddenly coexisted on the same digital shelf.
The platform’s real inflection point came in 2018 with Sacred Games, a breakout series that refused to dilute India’s grit for global comfort. Audiences embraced its unvarnished tone, signalling readiness for stories that did not need box-office validation or censorship compromises. What followed was a steady procession of relatable narratives. Competitive-exam anxiety fuelled Kota Factory. College relationships unfolded in Mismatched. Everyday pressures, not grand spectacle, proved bankable.
Language barriers thinned as foreign series arrived with Hindi, Tamil and Telugu dubbing, expanding viewership beyond urban English-speaking pockets. Marketing mirrored the shift. For global releases such as Squid Game, Netflix leaned on regional creators and influencers to localise buzz and make international content feel native.
The library widened beyond fiction. Documentaries stepped out of festival circuits into living rooms. Stand-up comedians found scale. Established filmmakers, including Sanjay Leela Bhansali with Heeramandi, embraced the platform’s long-form canvas. Subscriber numbers swelled to 12.37 million in India, according to Demandsage, and behaviour followed suit. Late-night binges became routine. Friday release rituals loosened. Watch parties turned solitary screens into social events.
Economics demanded adjustment. Early subscription pricing carried a premium aura that deterred many households. Over time, Netflix recalibrated plans to align with Indian spending sensibilities, conceding that accessibility is as critical as content. To extend momentum around marquee titles, the platform also experimented with split-season releases, stretching anticipation and watch time.
The anniversary film, narrated by Shah Rukh Khan, captures the linguistic shift that mirrors the cultural one: from “Netflix pe kya dekha?” to “Netflix pe kya dekhein?” The question moved from recounting the past to planning the next binge. In ten years, Netflix morphed from foreign entrant to familiar fixture, exporting Indian stories abroad while importing global ones home. The remote no longer waits; it chooses, clicks and moves on. In the streaming age, patience is out, playlists are in, and the next episode is always one tap away.
Brands
Delhivery chairman Deepak Kapoor, independent director Saugata Gupta quit board
Gurugram: Delhivery’s boardroom is being reset. Deepak Kapoor, chairman and independent director, has resigned with effect from April 1 as part of a planned board reconstitution, the logistics company said in an exchange filing. Saugata Gupta, managing director and chief executive of FMCG major Marico and an independent director on Delhivery’s board, has also stepped down.
Kapoor exits after an eight-year stint that included steering the company through its 2022 stock-market debut, a period that saw Delhivery transform from a venture-backed upstart into one of India’s most visible logistics platforms. Gupta, who joined the board in 2021, departs alongside him, marking a simultaneous clearing of two senior independent seats.
“Deepak and Saugata have been instrumental in our process of recognising the need for and enabling the reconstitution of the board of directors in line with our ambitious next phase of growth,” said Sahil Barua, managing director and chief executive, Delhivery. The statement frames the exits less as departures and more as deliberate succession, a boardroom shuffle timed to the company’s evolving scale and strategy.
The resignations arrive amid broader governance recalibration. In 2025, Delhivery appointed Emcure Pharmaceuticals whole-time director Namita Thapar, PB Fintech founder and chairman Yashish Dahiya, and IIM Bangalore faculty member Padmini Srinivasan as independent directors, signalling a tilt towards consumer, fintech and academic expertise at the board level.
Kapoor’s tenure spanned Delhivery’s most defining years, rapid network expansion, public listing and the push towards profitability in a bruising logistics market. Gupta’s presence brought FMCG and brand-scale perspective during a period when ecommerce volumes and last-mile delivery economics were being rewritten.
The twin exits, effective from the new financial year, underscore a familiar corporate rhythm: founders consolidate, veterans rotate out, and fresh voices are ushered in to script the next chapter. In India’s hyper-competitive logistics race, even the boardroom does not stand still.
MAM
Meta appoints Anuvrat Rao as APAC head of commerce partnerships
At Locofy.ai, Rao helped convert a three-year free beta into a paid engine, clocking 1,000 subscribers and 15 enterprise clients within ten days of launch in September 2024. The low-code startup, backed by Accel and top tech founders, is famed for turning designs into production-ready code using proprietary large design models.
Before that, Rao founded generative AI venture 1Bstories, which was acquired by creative AI platform Laetro in mid-2024, where he briefly served as managing director for APAC. Alongside operating roles, he has been an active investor and advisor since 2020, backing startups such as BotMD, Muxy, Creator plus, Intellect, Sealed and CricFlex through a creator-economy-led thesis.
Rao spent over eight years at Google, holding senior partnership roles across search, assistant, chrome, web and YouTube in APAC, and earlier cut his teeth in strategy consulting at OC&C in London and investment finance at W. P. Carey in Europe and the US.
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