Tag: MayaJaal

  • Indian contingent active at Asian TV Forum

    Indian contingent active at Asian TV Forum

    SINGAPORE: The Indian contingent came out in full force at the Asian Television Forum in Singapore’s Orange Grove located at the Shangri La Hotel. Four Indian suites marked Asia’s favourite programming market – Zee Telefilms, Pentamedia, Sony Entertainment, and Indian Television Dot Com.

    SET had a full contingent: Sunil Lulla, Lakshman, Sharada, Tarun Katial, who even spoke earlier in the day in a session entitled co-productions Marriages of convenience. SET Singapore boss Banu Velloo also made an appearance at the market.

    Says SET’s Lulla: “It has been a good market for us so far. It’s only going to get better by tomorrow. We have had several good meetings.”

    Zee was represented by Mallvika, Ajay Trigunayat and Singapore based Tripta Singh. While Mallvika was selling Zee’s huge library of programmes, Trigunayat was looking to source content.

    “We are looking for great shows for our huge bouquet of channels. Formats and what have you,” offers Trigunayat.

    Pentamedia, which has in recent times restructured itself into MayaJaal and Pentamedia, was having meetings with clients to broadcast partners for its Buddha and Sinbad animation series.

    And Indian Television Dot Com – well it was offering the DVD licensing rights to its Sangini Indian Telly Awards show aired recently on Sony Entertainment Television.

  • Three recently acquired Pentamedia firms being merged into Penta Entertainment

    Three recently acquired Pentamedia firms being merged into Penta Entertainment

    Chennai-based entertainment graphics major Pentamedia Graphics Ltd has announced it will merge three of its wholly-owned subsidiaries into a new company called Penta Entertainment Ltd.

    The three firms are Media Dreams Ltd, Kris Srikkanth Sports & Entertainment, and Mayajaal, says a Madras Stock Exchange press release issued yesterday. The stock swap constituted around 9 per cent of the equity of Pentamedia and 3.519 million shares of the company were allotted at Rs 500 per share.

    The three companies were acquired by Pentamedia last December through all stock deals totalling Rs 1760 million. Mayajaal offers themed entertainment such as games, multiplexes etc, Media Dreams focuses on studio entertainment such as television, film software and distribution while Kris Srikkanth Sport & Entertainment offers sports entertainment and has a web presence.

    The announcement comes in the wake of a controversy that has arisen Pentamedia being unable to put together the finances for acquiring a 49 per cent stake in the US-based Film Roman.

    Film Roman has said it is exploring legal options against Pentamedia for breach of agreement after it rejected Pentamedia’s offer of 5 million GDRs at $2 each in a swap for 8.5 million Film Roman shares at $1.17 for a 49.94 per cent equity stake in the company.