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Tag: Balaji Telefilms

  • Bloodbath on Dalal Street; media & entertainment see red with Balaji leading fall

    Bloodbath on Dalal Street; media & entertainment see red with Balaji leading fall

    MUMBAI: There was bloodbath on the bourses as the benchmark Bombay Stock Exchange (BSE) Sensex crashed below the 23,000-level to close at 22,951.83, down 807.07 points (3.45 per cent) on Thursday, 11 February, 2016.

    The Nifty also crashed 232.30 points or 3.21 per cent to close the day at 6,983.40.

    Amongst other sectors that bore the brunt of this melt down, was also the media and entertainment sector, which saw red. Bucking the trend was Videocon Industries, which closed the day up 0.05 per cent at Rs 107.90 as compared to its previous day close of Rs 107.85.

    Balaji Telefilms was amongst one of the biggest losers with the stock slumping 14.57 per cent to close the day at Rs 89.70 as compared to its previous day close of Rs 105.

    Eros International Media slumped 12.40 per cent to Rs 156.85, down Rs 22.20 from its previous close of Rs 179.05.

    DQ Entertainment (International) was down 10 per cent to close the day at Rs 23.85 as compared to its previous day’s close of Rs 26.50.

    B.A.G Films & Media was down 9.87 per cent at Rs 3.47. Also affected was the direct to home (DTH) company Dish TV India, which closed the day at Rs 72.45, down 8.75 per cent.

    TV Today Network was down 7.16 per cent to close the day at Rs 280.60 and touched an intra day low of Rs 277.10.

    Network18 Media & Investments as well as Shemaroo Entertainment were down 6.32 per cent. While Shemaroo closed the day at Rs 249.10, Network18’s stock price stood at Rs 41.50 at the end of day’s trade.

    With a drop of 6.16 per cent, Saregama India closed the day at Rs 251.20, whereas multi system operator (MSO) Hathway Cable & Datacom lost 5.39 per cent to close the day at Rs 35.10.

    Den Networks dipped 5.22 per cent to close at Rs 66.30 after touching an intra-day high of Rs 71. Meanwhile Zee Learn was down 5.08 per cent to close at Rs 32.70.

    The Maran-owned Sun TV Network was down 4.48 per cent with the stock closing at Rs 326.40.

    MSO Siti Cable Network at Rs 33.10 was down 4.20 per cent as compared to its previous close of Rs 34.55.

    After opening at Rs 195.80 and touching an intra-day high of Rs 196, the Orissa based MSO Ortel Communications was also in the red, down 2.76 per cent to close the day at Rs 180 as compared to its previous day close of Rs 185.10.

    PVR’s stock was down 2.68 per cent to close the day at Rs 709.75. The company’s shares touched an intra-day high of Rs 735.80 and an intra-day low of Rs 695.

    Zee Entertainment Enterprises Limited (ZEEL) was down 2.64 per cent. The stock closed at Rs 369.40 from its previous close of Rs 379.40.
    Jagran Prakashan was down 2.31 per cent to close at Rs 156.30, whereas Zee Media Corporation closed at Rs 17.75 and was down 2.20 per cent.

    Entertainment India Ltd (ENIL) was down 1.64 per cent to close at Rs 673.30, while HT Media’s shares were down 0.46 per cent to close at Rs 75.65. Tips Industries’ stock closed at Rs 61.95, down 0.24 per cent.
    NDTV India remained at its previous day’s close of Rs 102.20 witnessing no change. The stock, however, touched an intra-day low of Rs 99.10.
    Share prices of all the companies in the 15 stock Nifty Media Index fell today. The Index was down 3.75 per cent, a fall that was more than the 3.32 per cent drop by the NSE Nifty 50.

    The Nifty Media Index opened at the start of the trading day at 2261.35 points, which was the high for the day. The Media Index witnessed a low of 2161.50, with the last traded price of 2177.45. The volume traded today was 127.36 lakhs (12.74 million) with a traded value of Rs 185.48 crore

    Although more shares of TV18 Broadcast changed hands (69.02 lakh, traded value Rs 26.12 crore), Zee Entertainment (Zeel) saw a traded value of Rs 93.22 crore (a little more than 50 per cent of the Media Index traded value for the day) on a volume of 25.04 lakh. Sun TV was another actively traded stock that saw volumes of 8.81 lakh on a traded value of Rs 29.42 crore.

  • Bloodbath on Dalal Street; media & entertainment see red with Balaji leading fall

    Bloodbath on Dalal Street; media & entertainment see red with Balaji leading fall

    MUMBAI: There was bloodbath on the bourses as the benchmark Bombay Stock Exchange (BSE) Sensex crashed below the 23,000-level to close at 22,951.83, down 807.07 points (3.45 per cent) on Thursday, 11 February, 2016.

    The Nifty also crashed 232.30 points or 3.21 per cent to close the day at 6,983.40.

    Amongst other sectors that bore the brunt of this melt down, was also the media and entertainment sector, which saw red. Bucking the trend was Videocon Industries, which closed the day up 0.05 per cent at Rs 107.90 as compared to its previous day close of Rs 107.85.

    Balaji Telefilms was amongst one of the biggest losers with the stock slumping 14.57 per cent to close the day at Rs 89.70 as compared to its previous day close of Rs 105.

    Eros International Media slumped 12.40 per cent to Rs 156.85, down Rs 22.20 from its previous close of Rs 179.05.

    DQ Entertainment (International) was down 10 per cent to close the day at Rs 23.85 as compared to its previous day’s close of Rs 26.50.

    B.A.G Films & Media was down 9.87 per cent at Rs 3.47. Also affected was the direct to home (DTH) company Dish TV India, which closed the day at Rs 72.45, down 8.75 per cent.

    TV Today Network was down 7.16 per cent to close the day at Rs 280.60 and touched an intra day low of Rs 277.10.

    Network18 Media & Investments as well as Shemaroo Entertainment were down 6.32 per cent. While Shemaroo closed the day at Rs 249.10, Network18’s stock price stood at Rs 41.50 at the end of day’s trade.

    With a drop of 6.16 per cent, Saregama India closed the day at Rs 251.20, whereas multi system operator (MSO) Hathway Cable & Datacom lost 5.39 per cent to close the day at Rs 35.10.

    Den Networks dipped 5.22 per cent to close at Rs 66.30 after touching an intra-day high of Rs 71. Meanwhile Zee Learn was down 5.08 per cent to close at Rs 32.70.

    The Maran-owned Sun TV Network was down 4.48 per cent with the stock closing at Rs 326.40.

    MSO Siti Cable Network at Rs 33.10 was down 4.20 per cent as compared to its previous close of Rs 34.55.

    After opening at Rs 195.80 and touching an intra-day high of Rs 196, the Orissa based MSO Ortel Communications was also in the red, down 2.76 per cent to close the day at Rs 180 as compared to its previous day close of Rs 185.10.

    PVR’s stock was down 2.68 per cent to close the day at Rs 709.75. The company’s shares touched an intra-day high of Rs 735.80 and an intra-day low of Rs 695.

    Zee Entertainment Enterprises Limited (ZEEL) was down 2.64 per cent. The stock closed at Rs 369.40 from its previous close of Rs 379.40.
    Jagran Prakashan was down 2.31 per cent to close at Rs 156.30, whereas Zee Media Corporation closed at Rs 17.75 and was down 2.20 per cent.

    Entertainment India Ltd (ENIL) was down 1.64 per cent to close at Rs 673.30, while HT Media’s shares were down 0.46 per cent to close at Rs 75.65. Tips Industries’ stock closed at Rs 61.95, down 0.24 per cent.
    NDTV India remained at its previous day’s close of Rs 102.20 witnessing no change. The stock, however, touched an intra-day low of Rs 99.10.
    Share prices of all the companies in the 15 stock Nifty Media Index fell today. The Index was down 3.75 per cent, a fall that was more than the 3.32 per cent drop by the NSE Nifty 50.

    The Nifty Media Index opened at the start of the trading day at 2261.35 points, which was the high for the day. The Media Index witnessed a low of 2161.50, with the last traded price of 2177.45. The volume traded today was 127.36 lakhs (12.74 million) with a traded value of Rs 185.48 crore

    Although more shares of TV18 Broadcast changed hands (69.02 lakh, traded value Rs 26.12 crore), Zee Entertainment (Zeel) saw a traded value of Rs 93.22 crore (a little more than 50 per cent of the Media Index traded value for the day) on a volume of 25.04 lakh. Sun TV was another actively traded stock that saw volumes of 8.81 lakh on a traded value of Rs 29.42 crore.

  • Colors to replace ‘Meri Aashiqui Tum Se Hi’ with Balaji’s ‘Kasam’

    Colors to replace ‘Meri Aashiqui Tum Se Hi’ with Balaji’s ‘Kasam’

    MUMBAI: One of Colors’ popular shows Meri Aashiqui Tum Se Hi, which is produced by Balaji Telefilms, is slated to go off air from 26 February. The show will be replaced by yet another Balaji production titled Kasam, which will go on-air from 29 February.

    Kasam will be aired in the 10 pm time band from Monday to Friday.

    Launched on 24 June, 2014, Meri Aashiqui Tum Se Hi will complete 442 episodes on 26 February.

    A source close to development tells Indiantelevision.com, “The drop in ratings of the show is the reason why the channel has pulled off the show.”

    It may be recalled that Meri Aashiqui Tum Se Hi was among the top five shows according to Broadcast Audience Research Council (BARC) India data.

    Kasam is the story of reincarnation of love in its purest, unexpected and most powerful form. The story will revolve around the rich foreign-return Bedi family and their son falling in love with a girl in India.

  • Colors to replace ‘Meri Aashiqui Tum Se Hi’ with Balaji’s ‘Kasam’

    Colors to replace ‘Meri Aashiqui Tum Se Hi’ with Balaji’s ‘Kasam’

    MUMBAI: One of Colors’ popular shows Meri Aashiqui Tum Se Hi, which is produced by Balaji Telefilms, is slated to go off air from 26 February. The show will be replaced by yet another Balaji production titled Kasam, which will go on-air from 29 February.

    Kasam will be aired in the 10 pm time band from Monday to Friday.

    Launched on 24 June, 2014, Meri Aashiqui Tum Se Hi will complete 442 episodes on 26 February.

    A source close to development tells Indiantelevision.com, “The drop in ratings of the show is the reason why the channel has pulled off the show.”

    It may be recalled that Meri Aashiqui Tum Se Hi was among the top five shows according to Broadcast Audience Research Council (BARC) India data.

    Kasam is the story of reincarnation of love in its purest, unexpected and most powerful form. The story will revolve around the rich foreign-return Bedi family and their son falling in love with a girl in India.

  • Balaji Telefilms to raise Rs 150 crore for ALT Digital Media

    Balaji Telefilms to raise Rs 150 crore for ALT Digital Media

    MUMBAI: Balaji Telefilms is betting big on its new digital venture ALT Digital Media and is planning to raise Rs 150 crore for the same. 

    Balaji will raise the funds by issuing 1.07 crore preference shares at Rs 140 each to select global investors such as Atyant Capital India Fund – I, Vanderbilt University, GHI LTP Ltd, GHI HSP Ltd and GHI ERP Ltd.

    The issue price represents a 26 per cent premium over the average of the weekly high and low of the volume weighted average share price of the company during the past 26-week period. The proposed issue will result in a dilution of 14.1 per cent of the equity share capital of the company and the post-issue promoter and promoter group holding in the company will be 40.6 per cent.

    The funds will be channelled in the launch of ALT Digital Media Entertainment Ltd, which will operate as subscription video on demand (SVOD) based over the top (OTT) platform targeted towards urban Indians and the Indian diaspora.

    Leveraging the group’s position and creative abilities in both television and film content, ALT Digital Media plans to create differentiated, original digital content for the entire connected ecosystem spanning mobile devices, web, smart TVs and game stations.

    The transaction was facilitated by Axis Capital Limited, being the sole investment banker and advisor for the fund raise.

  • Balaji Telefilms to raise Rs 150 crore for ALT Digital Media

    Balaji Telefilms to raise Rs 150 crore for ALT Digital Media

    MUMBAI: Balaji Telefilms is betting big on its new digital venture ALT Digital Media and is planning to raise Rs 150 crore for the same. 

    Balaji will raise the funds by issuing 1.07 crore preference shares at Rs 140 each to select global investors such as Atyant Capital India Fund – I, Vanderbilt University, GHI LTP Ltd, GHI HSP Ltd and GHI ERP Ltd.

    The issue price represents a 26 per cent premium over the average of the weekly high and low of the volume weighted average share price of the company during the past 26-week period. The proposed issue will result in a dilution of 14.1 per cent of the equity share capital of the company and the post-issue promoter and promoter group holding in the company will be 40.6 per cent.

    The funds will be channelled in the launch of ALT Digital Media Entertainment Ltd, which will operate as subscription video on demand (SVOD) based over the top (OTT) platform targeted towards urban Indians and the Indian diaspora.

    Leveraging the group’s position and creative abilities in both television and film content, ALT Digital Media plans to create differentiated, original digital content for the entire connected ecosystem spanning mobile devices, web, smart TVs and game stations.

    The transaction was facilitated by Axis Capital Limited, being the sole investment banker and advisor for the fund raise.

  • Sony lines up 2 new fiction shows in Feb; Balaji’s ‘PKHJD’ goes off air

    Sony lines up 2 new fiction shows in Feb; Balaji’s ‘PKHJD’ goes off air

    MUMBAI: After a run of 73 episodes, Sony Entertainment Television has pulled the plug on Balaji Telefilms’ show Pyar Ko Ho Jaane Do (PKHJD) due to low ratings. Even as the 9.30 pm prime time show, which was launched in October last year aired its last episode on 29 January, Sony is all set to launch two new fiction offerings in February.

     

    According to a source close to the development, despite having a strong star cast and a good story line, PKHJD failed to generate sustainable ratings for the channel and was hence taken off air.

     

    The first new show to be launched in mid-February is called Ek Duje Ke Vaaste, which is being produced by Bindu Productions. It is a story of a girl who believes in being independent, has oodles of self-respect and runs her own small venture in Delhi.  

     

    The second fiction show titled Kuch Rang Pyaar Ke Aise Bhi is produced by Yash Patnaik’s Beyond Dreams and is slated to launch by the end of February. The love story explores work in progress relationship of the two protagonists.

     

    Till the time the new shows go on air, Sony will increase the duration of its prime shows namely Sankat Mochan Mahabali Hanuman, Parvarrish Season 2 and Suryaputra Karn from 30 minutes to 45 minutes. 

     

    What remains to be seen if which one of the new shows will be placed in the 9.30 pm slot to replace Pyar Ko Ho Jane Do.

     

    Apart from this, come March and Sony will also be bringing back one of its popular series Adalat for a second season. While the date and time of launch is not yet confirmed, the show is expected to launch in March.

     

  • Sony lines up 2 new fiction shows in Feb; Balaji’s ‘PKHJD’ goes off air

    Sony lines up 2 new fiction shows in Feb; Balaji’s ‘PKHJD’ goes off air

    MUMBAI: After a run of 73 episodes, Sony Entertainment Television has pulled the plug on Balaji Telefilms’ show Pyar Ko Ho Jaane Do (PKHJD) due to low ratings. Even as the 9.30 pm prime time show, which was launched in October last year aired its last episode on 29 January, Sony is all set to launch two new fiction offerings in February.

     

    According to a source close to the development, despite having a strong star cast and a good story line, PKHJD failed to generate sustainable ratings for the channel and was hence taken off air.

     

    The first new show to be launched in mid-February is called Ek Duje Ke Vaaste, which is being produced by Bindu Productions. It is a story of a girl who believes in being independent, has oodles of self-respect and runs her own small venture in Delhi.  

     

    The second fiction show titled Kuch Rang Pyaar Ke Aise Bhi is produced by Yash Patnaik’s Beyond Dreams and is slated to launch by the end of February. The love story explores work in progress relationship of the two protagonists.

     

    Till the time the new shows go on air, Sony will increase the duration of its prime shows namely Sankat Mochan Mahabali Hanuman, Parvarrish Season 2 and Suryaputra Karn from 30 minutes to 45 minutes. 

     

    What remains to be seen if which one of the new shows will be placed in the 9.30 pm slot to replace Pyar Ko Ho Jane Do.

     

    Apart from this, come March and Sony will also be bringing back one of its popular series Adalat for a second season. While the date and time of launch is not yet confirmed, the show is expected to launch in March.

     

  • Colors snaps ‘Box Cricket League’ rights; slots it on Sundays at 4.30 pm

    Colors snaps ‘Box Cricket League’ rights; slots it on Sundays at 4.30 pm

    MUMBAI: Colors has joined hands with Balaji Telefilms and Marinating Films to bring together television and cricket in a power packed season 2 of Box Cricket League (BCL). The first season of the property was aired on Sony Entertainment Television. 

     

    Season 2 of Box Cricket league will be a long six month reality show, which will be aired every Sunday. The channel will start shooting for the show in the second week of February.  

     

    With a stellar line up of 200 celebrities in 10 teams, the one and a half hour show BCL will be aired on Colors and Colors HD from 28 February, 2016 every Sunday at 4.30 pm with a repeat telecast on Rishtey. 

     

    It may be recalled that on Sony, BCL season 1 had 150 celebrities and eight teams. The weekly show was aired at 7:30 pm.   

      

     

    Speaking to Indiantelevision.com, Colors CEO Raj Nayak said, “We had a talk with Ekta (Ekta Kapoor) one day and we were discussing on how we can do better with BCL and she felt that the show can be better on Colors. We genuinely believe in the format and felt that if it’s strategically positioned well, packaged and marketed with a creative tweak to the format, then it has the potential to make it big this time.” 

     

    Talking about the late afternoon time slot for the show, he says, “About 99 per cent of people are at home from 4:30 – 6 pm on a Sunday. This is also the time when women who watch different shows on television want to see a different side to their celebs. Cricket is just a backdrop, it has drama, emotions and passion. BCL can be a great reality show. We air movies in the 4:30 evening slot and we garnered the maximum ratings. I think if the content is good then people will follow it.” 

     

    This star-studded cricket league will have 10 teams named after 10 cities namely Ahmedabad Express, Kolkata Babu Moshayes, Chandigarh Cubs, Delhi Dragons, Jaipur Raj Joshiley, Chennai Swaggers, Mumbai Tigers, Pune Anmol Ratan, Rowdy Bangalore and Lucknow Nawabs led by celebrities like Sunny Leone, Nandish Sandhu, Ajay Chaudhry, Mrunal Jain, Anita Hassandani, Kamya Punjabi and others.

     

    The high point of the game is the mix of men and women in every team. The inclusion of males and females across all teams, makes it a battle of equals where the celebrities will be fully charged to kick the dust up.

     

    Commenting on the time slot, Balaji Telefilms joint managing director Ekta Kapoor said, “The slot has seen ratings earlier. It’s a movie slot and also and Sunday evening is family time when the entire family can watch cricket together specially the ladies of the house. Therefore we think it’s the perfect time band for BCL.” 

     

    With a huge number of television stars vying to play this season of BCL, the league owners have had to set new guidelines for player qualifications. 

     

    The strict diktat ensures only top lead actors (who’ve starred as main leads for a minimum of 250 episodes) and second lead actors (who’ve had at least 500 episodes to their credit) can partake in this season. Besides popular fiction faces, GEC reality show winners and top contestants are also qualified to play. 

     

    Marinating Films managing director Sunny Arora asserted, “I used to organise cricket tournaments since my childhood. So one night this idea crossed my mind to have a cricket league and I discussed it with my partner Anand that we should have men and women playing together. We announced on Whatsapp that we were coming up with this league and since sending that message, the next three days were the most busiest days of my life. So that’s how the idea came about.”

     

    Arora also added, “Colors is one of the leading channel in India and no one can compete with them when it comes to non-fiction series. Also Colors has a very strong team including Raj Nayak, Manisha and Sheetal, they are so clear in their thought and every show on Colors works and we believe that BCL will also work.”

     

    With 200 celebrities in one show, BCL is no doubt an expensive proposition. Talking about the same, Arora informed, “This year the production cost of BCL has increased three times compared to last year. This time we are using a bigger venue, larger crew and more technicians. We have also incorporated more software to make the show as good as international matches. So yes, it’s an expensive show and we have invested much more than last year. And we are confident that the cost will be recovered because we are on Colors.”