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Tag: Hari Nair

  • Tips Music & Sterling Reserve reimagine Indian classics with Tips Take 2

    Tips Music & Sterling Reserve reimagine Indian classics with Tips Take 2

    Mumbai: Tips Music and Sterling Reserve Music Project are coming together  for a project labelled  Tips Take 2. As per the press release issued by the two,  the collaboration aims to reimagine Bollywood’s iconic classics, delivering a fresh and captivating experience for music enthusiasts.

    Tips Music Ltd CEO Hari Nair said, “We are delighted to partner with Sterling Reserve to launch our first music IP Tips Take 2, which reimagines iconic nineties hits and creates a new take on our catalogue. The recently launched brand and partnerships division has ideated and worked on this exclusive IP. They also work with brands for bespoke content, in-film placements, music video brand integrations, and licensing our musical hits for their advertisement campaigns. We look forward to collaborating with brands, to redefine audience engagement through innovative, tailored entertainment solutions across both music and films. Tips Take 2 is just the beginning of our journey into branded IPs, with many more exciting projects on the horizon.”

    The project launched with the first song, Sambhala Hai Maine, on 9  December which is available on most music platforms. At the heart of this musical reinvention is Dev Negi the powerhouse voice behind the chart-topping hit  Heart Throb from Rocky Aur Rani Kii Prem Kahaani, takes centre stage. Joining him, on screen, are the stunning Heli Daruwala and the charismatic Parth Samthaan, who bring some serious heat with their electrifying chemistry. Together, they put a bold, modern spin on the nineties  classic Sambhala Hai Maine – originally sung by Kumar Sanu.

    Allied Blenders & Distillers chief innovation &  strategy officer Bikram Basu shared, “Launched as a digital-first property with a mix of emerging and established artists, and now in its sixth year, the Sterling Reserve Music Project is collaborating with Tips Music to reimagine timeless Bollywood hits from the nineties in a new way. The Sterling Reserve Music Project Take 2 with Tips will have people cheering for sure.”

    The project stands as a testament to the evolving landscape of Indian music, offering three carefully selected song recreations that promise to captivate audiences. 

  • TIPS industries reports 40 per cent revenue growth, 61 per cent PAT increase Y-o-Y

    TIPS industries reports 40 per cent revenue growth, 61 per cent PAT increase Y-o-Y

    Mumbai: TIPS Industries Ltd (Tips Music), a music label which creates and monetises music, announced its financial results for the quarter ending 30 June 2024.

    Revenue from Operations  73.9  52.6  40%  63.3  17%  241.6  186.8  29%
    Op. EBITDA  54.4  35.0  55%  30.2  80%  158.5  101.9  55%
    Op. EBITDA %  73.6%  66.6%    47.7%    65.6%  54.6%  
    Op. EBIT  58.4  36.5  60%  35.0  67%  170.9  105.9  61%
    PAT  43.6  27.1  61%  25.8  70%  127.2  76.5  66%
    PAT Margin  58.9%  51.5%    40.7%    52.7%  41.0%  

    Commenting on the Results,

    Kumar Taurani – chairman & managing director said, “I am delighted to share with you that the Q1 FY2025 has been remarkable for us. Our revenue for the Quarter stood at Rs  73.9 Crores up by 40 per cent YoY with a PAT of Rs  43.6 Crores increasing by 61 per cnet YoY. This demonstrates our commitment to growing and improving our business. In Q1 FY25, we released around 97 new songs out of which, 18 were new Film songs and 79 Non-Film songs. Our primary focus is always on quality music. We have successfully completed the buyback of shares amounting to Rs 46.62 crores inclusive of all taxes for non-promoter shareholders. We remain committed to returning value to our shareholders.”

    Girish Taurani – executive director said, “Last quarter, our notable releases ‘Choli ke Peeche’ and ‘Naina’ from the movie Crew each surpassed 100 million views on YouTube. Our track ‘Soni Soni’ from Ishq Vishk Rebound reached the top 10 on Spotify charts. Other songs from the film, including ‘Ishq Vishk Pyaar Vyaar’ and the revamped “Gore Gore Mukhde Pe” by Badshah, have also been well received, reflecting our dedication to delivering engaging music content.

    Hari Nair – chief executive officer said, “Our music is experiencing solid growth across all digital platforms, with YouTube, Spotify, and Jio Saavn being key drivers for both new releases and our catalogue.” 

  • Tips Industries ropes in Hari Nair as its new CEO

    Tips Industries ropes in Hari Nair as its new CEO

    Mumbai: Tips Industries Limited (“TIPS”), a public-listed music-company, has appointed Hari Nair as the company’s new chief executive officer. Nair brings in 25 years of overall experience, of which the last two decades were spent in the music ecosystem. With this appointment, TIPS aims to strengthen its core leadership team, as well as focus on driving revenues further, be it through increasing its music distribution capabilities or expanding into new domains of music monetization. Nair will be responsible for leading the company into its next phase of growth, amidst the fast-changing digital trends and a vibrant content ecosystem in India’s entertainment industry.

    On this appointment, Tips managing director –Industries Limited Kumar Taurani commented, “We are extremely delighted to appoint Hari as our chief executive officer. Hari has 360-degree experience of music ecosystem – starting from music distribution companies like Soundbuzz & Mauj Mobile, to heading digital business for a global music company Sony Music India, and then leading performance rights organization PPL India’s digital transformation. With an experienced hand like Hari being added to our core teams, combined with our strength in music content creation and acquisition, we aim to achieve higher revenues and continue to deliver value for our shareholders”.

    Speaking on his new role, Nair said, “I am absolutely delighted to become a part of the TIPS team. It is an honour for me to lead an organization with a quality music catalogue and focused content acquisition strategy, which is known for its longevity in the music industry and continues to steadily grow its market share. TIPS continues to deftly navigate through India’s ever-evolving digital landscape, thanks to the promoters’ experience, and a clear vision. The company’s brilliant track record of profitable growth speaks volumes about its management’s endeavour to maximize shareholder returns. As the company stands at a pivotal juncture in its journey, I am humbled and equally excited to be a part of this aggressive journey. I would like to extend my utmost gratitude to Kumar Taurani and the board members, for showing faith in my candidature to lead this company.”

    Joining ByteDance in 2019, Nair led the South Asia region for music partnerships and licensing for all ByteDance which gave him a multi-regional exposure in ByteDance ecosystem, launching their music streaming service Resso first in India, and the overall experience with apps like TikTok, Helo, Capcut, etc. Further, Nair was entrusted with a larger multi-region role (Middle East, Africa, Turkey and South Asia) for Artist Services division at TikTok, where he was primarily responsible for launching SoundOn (music distribution service), driving the business P & L for the region and also ensuring support for local artist / music labels. His music journey started with Asia’s first online music store “Soundbuzz”, which was acquired by Motorola. Prior to his long innings in the music arena, Nair also worked in the IT services industry.

     

  • Shemaroo Entertainment and Resso inks music licensing deal

    Shemaroo Entertainment and Resso inks music licensing deal

    MUMBAI: Shemaroo Entertainment Limited has entered into a strategic music licensing partnership with Resso in India, the world’s first social music streaming app from ByteDance, the international technology company based out of Beijing and the parent company of TikTok. Through this association, Shemaroo will offer its wide range of high-quality audio content on the Resso app.

    Shemaroo owns a vast library of film and non-film audio across multiple genres like Bollywood, Devotional, Regional, Kids, Pop and Sufi in more than 22 languages including Hindi, Punjabi, Marathi, Bhojpuri, Gujarati and Bengali.

    Shemaroo Entertainment CEO Hiren Gada said, “We at Shemaroo have always stayed ahead of the curve and through this alliance with Resso, we reinforce our promise to bring the best of entertainment by partnering with the best of brands. This association is a natural progression to ensure we reach out to newer audiences, cross boundaries and partner with new age brands to engage and entertain customers across.”

    Resso India Music, Content and Partnerships head Hari Nair added, “Resso's aim is to bring music to the forefront by giving users an opportunity to connect, engage and interact with music and artists, alike. Shemaroo Entertainment is one of India’s leading content powerhouse and our association with Shemaroo’s music label, gives us access to their comprehensive library across genres and languages. We are excited to present their library to our users, which is in line with our commitment to provide the best in music.”

    Shemaroo Entertainment has been entertaining the consumers by offering a large audio catalogue and recently the YouTube channel of Shemaroo Entertainment – FilmiGaane crossed 30Mn subscribers. This further ascertains Shemaroo Entertainment as an integrated content house that is evolving with times and becoming a significant player in the digital ecosystem.

    To access Shemaroo’s extensive music catalogue of over 25000 collection of songs, users can subscribe to Resso at a monthly premium subscription of INR 99 for Android and INR 119 for iOS.

  • Havas Media wins HolidayIQ’s Rs 30 crore media mandate

    Havas Media wins HolidayIQ’s Rs 30 crore media mandate

    MUMBAI: Havas Media Group India has won the integrated media mandate of HolidayIQ.com in a multi-agency pitch. The duties will include traditional, digital and mobile solutions. 

     

    The estimated size of the business is upwards of Rs 30 crore.

     

    The portal enables travellers to discover, plan holidays and share holiday experiences. HolidayIQ.com provides customised, relevant, information and insight son – places, hotels, sightseeing and transport to customers. 

     

    HolidayIQ founder and CEO Hari Nair said, “We believe in the science of holidays and Havas Media delivered an impressive scientific, strategic approach to the business, which was in sync with our objectives. Young, professional and passionate we look forward to working with this Havas Media team.”

     

    HolidayIQ.com CMO Diptakirti Chaudhuri added, “The recommendations from Havas Media had a good balance of data and content. Their deep understanding of the category and their thought leadership made them win this mandate.”

     

    Havas Media Group-India and South Asia CEO Anita Nayyar said, “It is a great win for us. HolidayIQ is a very meaningful brand in an extremely engaging category. Havas also has an entrepreneurial DNA, which allows us to understand the challenges and objectives of these clients better. Bangalore is an important market for us and we are seriously investing time and talent in expanding our operations here.”

     

    Havas Media Group India managing director Mohit Joshi added, “We are glad that our focused efforts and strategy towards acquiring the integrated media mandates of new age businesses is paying off. Our compelling value proposition is a clear winner in the market. We look forward to a great association.”

     

    The win comes on the back of Havas winning the integrated media business of BlueStone.com. Both these businesses will be handled by Havas Media office in Bangalore.

  • HolidayIQ.com ropes in Orchard as creative partner

    MUMBAI: Leo Burnett‘s agency Orchard Advertising has been awarded the creative mandate for holiday information portal HolidayIQ.com.

    The agency will be in charge of the ATL and BTL activities for the brand.

    Orchard VP and head of office Anish Daryani said, “HolidayIQ.com is a phenomenal business idea, where the power of user-generated reviews is leveraged to make holiday planning easier for the Indian traveller. This involves a massive change in human behaviour, where people need to overcome the inertia that keeps them from sharing their reviews in a public forum. This is a fantastic opportunity for us to use our proprietary HumanKind model to influence consumer behaviour, giving HolidayIQ.com a larger purpose – that of harnessing the power of user reviews to create a smarter Indian traveller.”

    Orchard recently kicked off the first campaign – Goa to the Power of HolidayIQ -an anthem for the holidayer in Goa – called “hiq!it”, composed and sung by Remo Fernandes and co-written by Thomas Xavier. Additionally, there is an activation exercise through a specially designed tablet device called the “hiq!PAD”, where hoteliers can get their guests to digitally collect reviews and take it live in real time. An activation team has also been stationed across popular tourist destinations in Goa, collecting reviews through the “hiq!PAD”.

    Orchard NCD and chairman Thomas Xavier said, “We want to unleash the power of guest reviews for HolidayIQ. We‘ve devised the term ‘hiq!‘ which isn‘t a mere abbreviation of HolidayIQ, but stands for ‘Holiday Inspired Quote‘. Going forward, we intend to make ‘hiq!‘ part of common parlance which means ‘a review‘. From a HumanKind perspective, a ‘hiq!‘ is a gift from one traveler to another.”

    HolidayIQ.com founder and CEO Hari Nair said, “Orchard was able to envisage our brand in a larger-than-life manner, and their team has displayed tremendous passion and interest towards our cause. We feel we‘ve found the right partner in Orchard and look forward to a long and fruitful partnership.”