Tag: Dish TV India Ltd

  • Dish TV and C21Media collaborate to launch ‘Content India 2025’

    Dish TV and C21Media collaborate to launch ‘Content India 2025’

    Mumbai: : Dish TV India Ltd is set to bring the global ‘content’ franchise to India for the first time ever with Content India 2025, in collaboration with C21Media. This three-day market and conference, to be held in Mumbai, will connect leading content creators and industry experts from around the world. The initiative aims to foster partnerships and enhance collaboration between India’s entertainment industry and global markets.

    The inaugural event will take place in April 2026, preceded by an invite-only Content India Summit from 1 to 3 April 2025, which will bring together key figures from both the global and Indian markets to define the mission and objectives for the main event. Content India will follow the format of C21Media’s international events, including Content Americas, Content Canada, Content London, Content LA, and Content Warsaw. The event will feature a marketplace, conferences and networking opportunities to connect creators, producers, distributors, platforms and channels.

    With Content India 2025, Dish TV once again takes the lead in the industry to provide a well-structured platform for content creators, tackling long-standing distribution challenges and ensuring that high-quality content reaches its intended audience.

    Dish TV India Ltd  CEO & executive director Manoj Dobhal said, “India’s content industry stands at the cusp of global recognition, with unparalleled potential waiting to be realized. At Dish TV, we believe that fostering this ecosystem is not just a goal-it’s a commitment to India’s creative future. Our partnership with C21Media is a testament to our dedication, aiming to bridge the gap between local and international talent, and unlock opportunities for Indian creators on the world stage.”

    He added, “With Content India 2025, we are building a platform that empowers storytellers, streamlining their path from vision to global audience. As a leader in content distribution, we are proud to support this exciting journey, ensuring that India’s content industry not only grows but thrives globally.”

    C21’s editor-in-chief and managing director David Jenkinson stated, “The Indian content sector is prolific and it needs no help from the international community to succeed. However, there is an enormous opportunity to connect key players from the domestic business with those from the global community to bring about next-generation content that works worldwide. There is also a significant tech and post-production community in India and locations that are unrivalled anywhere in the world. We will showcase these at Content India.”

    “We are delighted to find a partner in Dish TV that is connected and agnostic, and we look forward to doing great things together,” he added.

  • Watcho exclusives premieres pulse-pounding thriller ‘Flash’

    Watcho exclusives premieres pulse-pounding thriller ‘Flash’

    Mumbai: Watcho Exclusives, the leading OTT platform from Dish TV India Ltd, has heated up this April with its captivating new mystery thriller series, ‘Flash,’ featuring Anshul Pandey, Sagar Kapoor, and Khawahish in lead roles. Directed by Shaurya Singh, the series unravels the gripping tale of a portrait photographer who finds himself ensnared in a web of mystery and deception when a routine shoot takes an unexpected turn. The enthralling series is exclusively available on the Watcho App starting 5 April 2024.

    The story follows Vansh Kundra, a skilled portrait photographer, who embarks on what could be the pinnacle of his career with the mysterious Aksha Chauhan. Enticed by the promise of wealth, Vansh ventures into her lavish but secluded penthouse, only to be greeted by an unsettling atmosphere. As the session progresses, Aksha undergoes a startling transformation, shattering Vansh’s perception of reality. Delving deeper, Vansh realises he’s entered a tangled web of deceit, mystery, and secrets. Caught in a maze of illusions and deception, Vansh must decipher the truth behind Aksha’s identity and the sinister forces at play. Will Vansh be able to uncover the enigma surrounding Aksha in time, or will he become another pawn in her game? With each episode, ‘Flash’ peels back the layers of this twisted tale, leaving viewers breathless and yearning for answers.

    Watcho is poised to mark its 5-year milestone in 2024, having delighted viewers with a diverse range of exclusive series across various genres like ‘Oh My Wife!’, ‘Luck Shots’, ‘Aarambh’, ‘GillHarry’, ‘Explosive’, ‘The Morning Show’, ‘Manghadant’, ‘Avaidh’, and ‘Jaunpur’, among others. The team continues to be committed to bringing even more exciting content to its viewers, with ‘Flash’ being a step towards this goal.

    Dish TV India Ltd corporate head of marketing Sukhpreet Singh said, “At Watcho, we recognize that thrillers hold an enduring appeal that transcends gender and age boundaries. With the release of ‘Flash,’ we’re poised to captivate audiences once again, building upon the success of our previous thriller, ‘State v/s Ahuja.’ As a platform committed to delivering engaging content, we’re excited to offer another enthralling experience that promises to keep viewers on the edge of their seats. ‘Flash’ embodies our dedication to providing quality entertainment, and we’re eager to share this gripping journey with our audience.”

    Pandey, who plays the titular role of Vansh said, “When I first read the script for ‘Flash,’ I was immediately hooked by my character, Vansh Kundra. I’ve usually played the ‘good guy’ on TV, but OTT has given me the chance to explore and experiment, and ‘Flash’ added yet another feather to my cap. Vansh is a complex character with many layers. He may seem one way on the outside, but there’s a lot more to him underneath. His innocent eyes and smiles hide a secret that will surprise viewers when it’s revealed. I was drawn to the chance to explore these different sides of Vansh, from his innocence to his discovery of the truth. I knew it would be a challenging yet rewarding role to take on. Saying yes to ‘Flash’ was an easy decision for me, and it was a thrilling ride from the get-go. I’m positive that viewers will enjoy this rollercoaster ride, and I’m eager to know their reactions.”

    Kapoor, who plays the role of Aditya, added, “As someone with a strong intuitive sense, I simply followed that instinctive feeling, knowing deep down that this project was one I couldn’t pass. My character, Aditya in Flash, undergoes an intense and intriguing journey in the series. I knew it would be a role that would push me and help me grow as an actor. The script was so well-crafted, and the story had so many unexpected twists and turns that kept me on the edge of my seat. Being a part of this Watcho Exclusives series has been an incredible experience, and I’m excited for viewers to see the final product.”

    Actress Khawahish, who plays the role of Aksha, shared, “When I was approached for the role of Aksha Chauhan in Watcho Exclusives’ ‘Flash,’ I was thrilled by its unique premise and the opportunity to collaborate with such a talented cast and crew. As an actor, I was eager to explore the depths of her psyche and unravel the layers of her character. It is a series that offers a perfect blend of suspense, drama, and intrigue, keeping both the characters and the audience on their toes. I’m grateful for this opportunity and looking forward to the audience’s response.”

    Produced by Jagriti Rajpoot and Tanishq Raj under the banner of Rudrakshanam Films, ‘Flash’ illuminates the blurred lines between reality and illusion as Vansh navigates a treacherous web of secrets and deceit. 

  • Dish TV asks Yes Bank to get MIB go-ahead on its share acquisition

    Dish TV asks Yes Bank to get MIB go-ahead on its share acquisition

    MUMBAI: Last Friday, YES Bank informed the stock exchanges that it had acquired 24.19 per cent stake in direct-to-home (DTH) operator Dish TV India Ltd. The latter said on Monday that the disclosure filed by the bank regarding the acquisition contains certain incorrect facts.

    Moreover, it has highlighted another important aspect as per DTH License guidelines which clearly prohibit any change in equity structures of licensee company without prior approval from the ministry of information & broadcasting (MIB). Hence, it has stated that the acquisition of shares by Yes Bank without the ministry’s consent is against the DTH guidelines and has requested Yes Bank to obtain the green signal from the MIB prior to effecting their transfer.

    "We would like to mention that your statement, ‘shares acquired on invocation of pledge subsequent to default/breach of terms of loan to Dish TV India Limited’ is an incorrect statement," Dish TV said in a filing to the BSE.

    It also clarified that as on the date of the communication, the DTH platform was not in default of any payment obligations to Yes Bank under the financing facility availed from the lender.

    “Further, you are also well aware that ‘no shares have been pledged by the promoters of Dish TV or any other entity for the loans availed by Dish TV from Yes Bank Ltd. Therefore, there cannot be any question of invocation of any pledged shares in relation to the loans availed by Dish TV from Yes Bank,”’ the DTH company's official added in the note filed with the BSE yesterday.

    The bank had earlier in a note to the exchange informed that it  had acquired 44,53,48,990 equity shares having a nominal value of Re 1 per share.  “Shares have been acquired pursuant to invocation of pledge of the shares subsequent to default/breach of terms of credit facilities sanctioned by Yes Bank to Essel Business Excellence Services Ltd, Essel Corporate Resources Private Ltd, Living Entertainment Enterprises Private Ltd, Last Mile Online Ltd, Pan India Network Infravest Ltd, RPW Projects Private Ltd, Mumbai WTR Private Ltd,” Yes Bank had said.

    Dish TV has also requested Yes Bank to issue corrigendum to its earlier statement and inform the stock exchanges of the same.

  • D2H launches DIA, an AI-enabled chatbot for customer service

    D2H launches DIA, an AI-enabled chatbot for customer service

    MUMBAI: D2H has launched the ‘D2H Intelligent Assistant’ (DIA), chatbot using the latest AI technology, for its customers. D2H Intelligent Assistant (DIA) is a one-stop solution platform for customers to solve their service queries through an automated assistant in real-time. For seamlessly handling customer problems and issues, a conversation mode approach in a friendly live chat format is used.

    Catering to the evolving needs of the customers for better, faster and more accurate resolutions of service queries and issues, ‘D2H Intelligent Assistant’ (DIA) comes with an array of exciting features, DIA seeks to make it easier, faster and simpler for D2H customers to resolve their queries and issues. 

    It is designed to process user requests and queries 24X7 through deep analytics and its artificial intelligence engine. DIA is enabled with a highly sophisticated machine learning system that enhances accurate, personalized customer service through a constant process of self-evolution and learning.

    D2H, Dish TV India Ltd corporate head-marketing Sugato Banerji said, “We have observed a growing need among our customers to opt for self-service channels for their routine queries and issues. Keeping this trend in mind, we are launching DIA – D2H Intelligent Assistant – a state of the art AI based intuitive chatbot that resolves a wide range of customer queries and issues on its own. DIA will significantly add to improving our customer service experience. The launch of DIA reaffirms the D2H promise of bringing the best of technology solutions for its customers.”

    DIA appears as a pop-up feature on the website and introduces itself as “DIA”. One can initiate a conversation by simply entering a message and enjoy a rich, personalised experience, delivering real-time responses, timely and pertinent to one’s D2H account. It also offers solutions to issues related to recharge offers, current balance, add-on service upgrades and even suggests best recharge offers.

  • Dish TV withdraws petition against SPN from TDSAT

    Dish TV withdraws petition against SPN from TDSAT

    MUMBAI: The ongoing tussle between Dish TV India Ltd and Sony Pictures Network India, in the Telecom Disputes Settlement and Appellate Tribunal (TDSAT), has settled with the former withdrawing its petition filed last year against certain clauses in terms and conditions of pre-NTO RIO as published by the broadcaster, on the basis of non – discrimination.

    Dish TV had moved TDSAT in Februrary 2018 challenging the subsisting RIO agreement which was entered into on 1 December 2017 without prejudice to its rights to challenge the clauses of RIO terms as communicated to SPN India vide letter dated 8 November 2017.

    Accepting Dish TV’s appeal to withdraw the petition, TDSAT noted in its order, “It is not in dispute that the parties have entered into a fresh agreement under the new regime on account of Regulations of 2017. In view of such developments, learned counsel for the petitioner (dish TV) submits that challenge by the petitioner to the terms of earlier RIO of the respondents has become academic and, therefore, the petition may be permitted to be withdrawn with liberty to the petitioner that if an occasion arises, it will be free to challenge the terms of new RIO of the respondents.”

    The tribunal clarified that Dish TV will be at liberty to raise its claim or seek relief through an appropriate proceeding in accordance with law if it has any any grievance in future.

  • Videocon D2H to merge with Dish TV; serve 28 million subscribers

    Videocon D2H to merge with Dish TV; serve 28 million subscribers

    MUMBAI: The Board of Directors of Dish TV and Videocon d2h Limited today approved a scheme of arrangement for the amalgamation of Vd2h into Dish TV and the execution of definitive agreements in relation to such amalgamation.

    Following the closing of the proposed transaction, the merged entity will be renamed as Dish TV Videocon Limited. Pursuant to the Scheme, Dish TV Videocon shall issue 857.791 million shares as consideration for the scheme and the Vd2h shareholders shall be allotted 2.021 new shares of Dish TV Videocon for every one share held in Vd2h (subject to certain adjustments as set out in the Scheme), which would result in Dish TV shareholders owning 1,066.861 million existing shares or 55.4% of Dish TV Videocon, and Vd2h shareholders owning 857.791 million new shares or 44.6% of Dish TV Videocon.

    The fully diluted share count of Dish TV at 1,066,863,665 shares, which will lead to 857,785,766 shares of Dish TV Videocon being issued to Vd2h shareholders. Exchange ratio rounded off to two decimal places. One Vd2h ADS represents four equity shares of Vd2h.

    Dish TV EBITDA are reported EBITDA figures, while Vd2h EBITDA are reported adjusted EBITDA figures; EBITDA is not a standardized term, hence direct comparison between companies using the same term may not be possible. Other companies may calculate EBITDA differently from Dish TV and Vd2h, limiting their usefulness as comparative measures

    Dish TV Videocon will be led by Jawahar Lal Goel as the chairman and managing director, combining the strength of senior and operating management teams while offering further career growth opportunities for employees of the two merging companies. The Vd2h principals shall have the right to nominate two directors on the Dish TV Videocon Board, one of whom shall be the vice chairman and the other a deputy managing director.

    The proposed transaction is expected to create a leading cable and satellite distribution platform in India. Dish TV Videocon would serve 27.6 million net subscribers in India, as of September 30, 2016, on a pro-forma basis, out of a total of 175 million TV households in India highlighting significant room for growth. The combined entity would have revenue of Rs. 59,158 million and EBITDA2 of Rs. 18,262 million on a pro-forma basis for the fiscal year ended 31 March 2016 positioning it as a leading media company in India. The proposed transaction is expected to provide better synergies and growth opportunities and enable Dish TV Videocon to provide differentiated and superior service to all customers through deeper after-sales, distribution and technology capabilities, and also become a more effective partner for TV content providers in India.

    Goel said: “This transaction, that brings together two powerhouse brands of the cable & satellite Industry in India, will provide us with a gateway to harness growth opportunities in an ultra-competitive multi player environment. This combine will enhance value for all stakeholders – consumers, government, employees and shareholders. Dish TV has been a pioneering and path breaking company which has taken the pain and responsibility of establishing many new processes, like the electronic & digital payments system that were the business need of the initial years and went on to become the industry norm of a dynamic and throbbing Industry. Now we take the next leap in our very exciting and exhilarating journey.”

    Vd2h executive chairman Saurabh Dhoot said: “Today, we are very excited about this strategic combination to create a solid platform with decisive and proven leadership at the front would lead Dish TV Videocon to create value for all stakeholders, our customers, employees, and our shareholders.”

    At the close of the proposed transaction, the current promoters of Dish TV shall continue as promoters of Dish TV Videocon. The Dish TV principals are also in discussion with the Vd2h principals to purchase some of the Vd2h principals’ shares in Dish TV Videocon post the amalgamation, details of which are likely to be finalised soon.

    Upon closing of the proposed transaction, Dish TV Videocon shall continue to be listed on the National Stock Exchange of India and the BSE Limited in India and on the Luxembourg Stock Exchange in the form of GDRs. In the Scheme, holders of Vd2h ADRs will receive their new shares in the form of GDRs, unless they elect to receive and hold new shares directly.

    The proposed transaction remains subject to approvals, including from the Securities and Exchange Board of India, the stock exchanges, shareholders and creditors of both companies, the Competition Commission of India, the High Court of Bombay and the Ministry of Information and Broadcasting. The proposed transaction is expected to close in the second half of 2017.

    Morgan Stanley is acting as the exclusive financial advisor to Dish TV, and YES Securities (India) Limited is acting as the lead financial advisor to Vd2h. The other advisors involved are — EY, SR Batliboi & Co. LLP, Luthra & Luthra Law Offices for Dish TV, and KPMG, Shardul Amarchand Mangaldas & Co., and Edelweiss Capital for Vd2h. Shearman & Sterling is acting as international legal advisor to both Dish TV and Vd2h in respect of the, US federal securities law and related aspects of the proposed transaction.

    The new shares of Dish TV Videocon to be issued pursuant to the Scheme have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act. New shares of Dish TV Videocon to be issued pursuant to the Scheme will be issued pursuant to the exemption from registration provided by Section 3(a)(10) under the Securities Act.

    Neither the SEC nor any U.S. state securities commission has approved or disapproved of the new shares of Dish TV Videocon to be issued pursuant to the Scheme, or determined if this announcement is accurate or complete. Any representation to the contrary is a criminal offence in the United States.

    Dish TV and Vd2h are incorporated under the laws of India. In addition, most their respective officers and directors reside outside the United States, and some or all of their assets are or may be located in jurisdictions outside the United States.

  • Videocon D2H to merge with Dish TV; serve 28 million subscribers

    Videocon D2H to merge with Dish TV; serve 28 million subscribers

    MUMBAI: The Board of Directors of Dish TV and Videocon d2h Limited today approved a scheme of arrangement for the amalgamation of Vd2h into Dish TV and the execution of definitive agreements in relation to such amalgamation.

    Following the closing of the proposed transaction, the merged entity will be renamed as Dish TV Videocon Limited. Pursuant to the Scheme, Dish TV Videocon shall issue 857.791 million shares as consideration for the scheme and the Vd2h shareholders shall be allotted 2.021 new shares of Dish TV Videocon for every one share held in Vd2h (subject to certain adjustments as set out in the Scheme), which would result in Dish TV shareholders owning 1,066.861 million existing shares or 55.4% of Dish TV Videocon, and Vd2h shareholders owning 857.791 million new shares or 44.6% of Dish TV Videocon.

    The fully diluted share count of Dish TV at 1,066,863,665 shares, which will lead to 857,785,766 shares of Dish TV Videocon being issued to Vd2h shareholders. Exchange ratio rounded off to two decimal places. One Vd2h ADS represents four equity shares of Vd2h.

    Dish TV EBITDA are reported EBITDA figures, while Vd2h EBITDA are reported adjusted EBITDA figures; EBITDA is not a standardized term, hence direct comparison between companies using the same term may not be possible. Other companies may calculate EBITDA differently from Dish TV and Vd2h, limiting their usefulness as comparative measures

    Dish TV Videocon will be led by Jawahar Lal Goel as the chairman and managing director, combining the strength of senior and operating management teams while offering further career growth opportunities for employees of the two merging companies. The Vd2h principals shall have the right to nominate two directors on the Dish TV Videocon Board, one of whom shall be the vice chairman and the other a deputy managing director.

    The proposed transaction is expected to create a leading cable and satellite distribution platform in India. Dish TV Videocon would serve 27.6 million net subscribers in India, as of September 30, 2016, on a pro-forma basis, out of a total of 175 million TV households in India highlighting significant room for growth. The combined entity would have revenue of Rs. 59,158 million and EBITDA2 of Rs. 18,262 million on a pro-forma basis for the fiscal year ended 31 March 2016 positioning it as a leading media company in India. The proposed transaction is expected to provide better synergies and growth opportunities and enable Dish TV Videocon to provide differentiated and superior service to all customers through deeper after-sales, distribution and technology capabilities, and also become a more effective partner for TV content providers in India.

    Goel said: “This transaction, that brings together two powerhouse brands of the cable & satellite Industry in India, will provide us with a gateway to harness growth opportunities in an ultra-competitive multi player environment. This combine will enhance value for all stakeholders – consumers, government, employees and shareholders. Dish TV has been a pioneering and path breaking company which has taken the pain and responsibility of establishing many new processes, like the electronic & digital payments system that were the business need of the initial years and went on to become the industry norm of a dynamic and throbbing Industry. Now we take the next leap in our very exciting and exhilarating journey.”

    Vd2h executive chairman Saurabh Dhoot said: “Today, we are very excited about this strategic combination to create a solid platform with decisive and proven leadership at the front would lead Dish TV Videocon to create value for all stakeholders, our customers, employees, and our shareholders.”

    At the close of the proposed transaction, the current promoters of Dish TV shall continue as promoters of Dish TV Videocon. The Dish TV principals are also in discussion with the Vd2h principals to purchase some of the Vd2h principals’ shares in Dish TV Videocon post the amalgamation, details of which are likely to be finalised soon.

    Upon closing of the proposed transaction, Dish TV Videocon shall continue to be listed on the National Stock Exchange of India and the BSE Limited in India and on the Luxembourg Stock Exchange in the form of GDRs. In the Scheme, holders of Vd2h ADRs will receive their new shares in the form of GDRs, unless they elect to receive and hold new shares directly.

    The proposed transaction remains subject to approvals, including from the Securities and Exchange Board of India, the stock exchanges, shareholders and creditors of both companies, the Competition Commission of India, the High Court of Bombay and the Ministry of Information and Broadcasting. The proposed transaction is expected to close in the second half of 2017.

    Morgan Stanley is acting as the exclusive financial advisor to Dish TV, and YES Securities (India) Limited is acting as the lead financial advisor to Vd2h. The other advisors involved are — EY, SR Batliboi & Co. LLP, Luthra & Luthra Law Offices for Dish TV, and KPMG, Shardul Amarchand Mangaldas & Co., and Edelweiss Capital for Vd2h. Shearman & Sterling is acting as international legal advisor to both Dish TV and Vd2h in respect of the, US federal securities law and related aspects of the proposed transaction.

    The new shares of Dish TV Videocon to be issued pursuant to the Scheme have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act. New shares of Dish TV Videocon to be issued pursuant to the Scheme will be issued pursuant to the exemption from registration provided by Section 3(a)(10) under the Securities Act.

    Neither the SEC nor any U.S. state securities commission has approved or disapproved of the new shares of Dish TV Videocon to be issued pursuant to the Scheme, or determined if this announcement is accurate or complete. Any representation to the contrary is a criminal offence in the United States.

    Dish TV and Vd2h are incorporated under the laws of India. In addition, most their respective officers and directors reside outside the United States, and some or all of their assets are or may be located in jurisdictions outside the United States.