Tag: NP Singh

  • Swastik lights up a new storytelling journey

    Swastik lights up a new storytelling journey

    MUMBAI: Talk about a plot twist. After 18 years of scripting some of India’s most iconic mythological and historical dramas, Swastik Productions has turned the page to become Swastik Stories, unveiling what it calls the nation’s first cultural storytelling ecosystem.

    The rebrand, marked with the lighting of an Akhand diya in Mumbai by former Sony Pictures Networks India chief NP Singh, signals not just a new name but a fresh era. “This is not a rebrand, it’s a new diya,” said founder Siddharth Kumar Tewary, framing the move as the spark of a hundred-year storytelling journey.

    The curtain rises this Diwali with a FAST (Free ad-supported streaming TV) channel that plays Swastik’s much-loved shows round the clock, alongside a lineup of Swastik Originals, premium series designed for today’s digital-first audience.

    But the vision stretches far beyond screens. From films and grand stage musicals to immersive dome experiences and even a Bharatverse in the metaverse, Swastik Stories aims to carry India’s epics, legends and folk tales into every possible medium.

    Rooted in the symbolism of the eternal flame, Swastik Stories isn’t just revisiting the past. It’s kindling a cultural ecosystem built to make Bharat’s tales shine brighter for generations to come.

  • Sony Pictures locks in media veteran for five-year run

    Sony Pictures locks in media veteran for five-year run

    MUMBAI: Sony Pictures Networks India has secured Gaurav Banerjee as managing director and chief executive officer until August 2029, cementing a five-year tenure that shareholders rubber-stamped at the company’s annual general meeting on 25 August.

    The appointment, effective since August 2024, regularises Banerjee’s position after he joined as an additional director the same month. He stepped into the hot seat last year, replacing NP Singh in a changing of the guard at India’s entertainment behemoth.

    Shareholders also waved through the elevation of general counsel Ritesh Khosla and chief financial officer Sibaji Biswas to whole-time director roles, with five-year terms kicking in from December 2024 and February 2025 respectively. The trio’s appointments follow the Companies Act’s stringent governance requirements, with statutory filings confirming none hold shares in the company or maintain family ties with existing board members.

    The moves come as Sony Pictures Networks India, which trades under the Culver Max Entertainment banner, seeks to fortify its leadership team amid intensifying competition in India’s Rs 1.8 trillion media and entertainment sector. The company operates a stable of 28 television channels spanning genres from news to entertainment, alongside its streaming platform SonyLiv.

    Financial results for FY24 underscore the scale of Banerjee’s mandate: the company clocked revenues of Rs 6,511 crore with net profit hitting Rs 840 crore. Subscription income of Rs 3,206 crore marginally outpaced advertising revenues of Rs 2,825 crore, reflecting the industry’s ongoing pivot towards direct-pay models as traditional advertising faces headwinds.  For Banerjee, the extended tenure offers breathing room to execute long-term strategy in a market where rivals are splashing billions on content and technology.

  • Changemakers 2024: Culver Max’s Gaurav Banerjee’s emergence from the shadows

    Changemakers 2024: Culver Max’s Gaurav Banerjee’s emergence from the shadows

    MUMBAI: Gaurav Banerjee does not come across as CEO nor as MD material when you meet him the first time. The bespectacled unassuming 47-year-old actually reminds you of a writer or a director or a journalist or a scholarly researcher. But today he sits atop Culver Max Entertainment as the chief executive officer & managing director, a handpicked successor to the quiet and unassuming number-crunching CEO NP Singh who built a profitable broadcast network and retired earlier this year.

    Not for GB, as he is known, are all the pomp and flash that others in the business were vaunt to opt for in earlier times when pay TV was a fat man’s business oozing money like there was no tomorrow. Today, pay TV is shrinking, cord-cutting is rampant cord-nevers are growing and the coming generation will probably not know what cable TV and satellite dishes were.

    GB – a history graduate from St Stephen’s College and a masters-degree holder in film making and TV production from Jamia Milia Islamia,  Delhi – belongs to a group of young executives like Arjun Nohwar who leads Warner Bros Discovery for India and south Asia.

    GAURAV BANERJEE

    These folks know they are leading legacy media companies in rapidly-changing times and they have to ensure that their charges stay relevant even in the midst of rapid churn and chaos.  Their response lies in putting their heads down and focusing on the task they have been assigned: protect and build legacy business and ensure they continue to generate cash which –  like in the past – continues fueling their existence and growth and money-gobbling streaming platforms.

    They also have to make the right moves on the streaming side on content, tech, distribution and business models. And they have to do all this profitably, without breaking the bank. For ranging against them are big players in the media and tech ecosystem: Google, Meta, Netflix, Amazon Prime and the potent combo of JioStar – all having deep pockets and a hunger to invest big and dominate the market. Plus there are others such as Zee5 and Sun Nxt and a string of other OTT players which are being spawned by the hour.

    No one in his or her right mind expected GB to be a candidate for the prized position of Culver Max Entertainment MD & CEO. For long the boyish-looking  executive was known to be a close ally, actually protégé, of current JioStar vice-chairman Uday Shankar and every one expected him to follow him to the joint venture that was in the making. (Danish Khan would succeed NP was most media observers’ guess; we at indiantelevision.com did not speculate about this)

    But GB probably knew otherwise; that it would be Kevin Vaz who would be chosen over him. Hence, when the offer to lead Sony came, he accepted it.

    Of course, he was deserving. A very strong content professional (he began his career as an anchor and producer with news channel Aaj Tak and later at Star News) with an uncanny knowledge of audience preferences, he knows how to weave stories into shows that generate high viewership.

    He did that very successfully both on Star Plus and Hotstar when he was president content at Disney Star India, retaining the network’s numero uno status for more than half a decade. It led others – who struggled to come even close – by a mile. To top it all he had the reputation of being a good manager and leader – earning the loyalty of his colleagues and subordinates.

    LA-based chair of global television studios and Sony Pictures Entertainment president & CEO Ravi Ahuja had expressed total confidence in GB’s visionary approach at the time of his appointment. “ Gaurav’s expertise in content creation and strategic leadership will undoubtedly lead SPNI (read Culver Max) into an exciting new chapter of growth and achievement. We are thrilled to have him at the helm and look forward to the continued success of SPNI under his leadership,” he had said.  

    GB has been playing low key ever since he took over in end-August 2024. He has been building up his A team bit by bit. Most old-timers have been retained, though some like Neerja Vyas chose to quit.

    Danish Khan who was EVP & business head Sony Entertainment Television, Studio Next and SonyLiv was recast to head -digital business, Studio Next, and networks channel licensing.   Ajay Bhalwankar, who  led Sony Marathi successfully,  was handed over Sony Sab to manage along with his existing charge.

    Nachiket Pantvaidya, general manager of Sony Pictures International Productions, was additionally made business head of Hindi general entertainment channel Sony Entertainment Television, marking his third stint with the network.

    Tushar Shah who led English, Bengali, and infotainment channels and  was the chief marketing officer (CMO) at the network was additionally asked to oversee Sony MAX, Sony MAX HD, Sony MAX 2, Sony WAH and Sony PAL.  

    Manu Wadhwa who was chief human resources officer was handed additional responsibility of information technology

    Ambesh Tiwari is currently being groomed to take over as kids channel Sony Yay’s business head when Leena Lele Dutta departs at the end of this fiscal year.

    Ritesh Khosla was brought in as general counsel.

    Veteran Rajesh Kaul, continued in his chief revenue officer, distribution and sports business head.  Aditya Mehta who headed corporate strategy, business monetization, and data analytics’ centre of excellence continues in his position.  Sandeep Mehrotra, continued in his position as EVP -sales.

    A new CFO Sibaji Biswas is slated to join come the first week of January 2025.

    The new leaders, in turn, have been building, their respective A teams.

    GAURAV BANERJEE

    In the meanwhile, GB has been working on getting to know  Culver Max Entertainment, its processes, its people, its neurology, its innards  better. He starting rerunning  episodes of old shows (Beyhadh, Bade Achche Lagate Hain, among others) on Sony excepting for  non-fiction shows Kaun Banega Crorepati and Indian Idol. The two were tweaked with better production quality and selection of participants. Each contestant had a dramatic back story or extremely good talent. Or even both.

    Without incurring any great additional programming costs, the ratings of SET  started rising.

    The teams in the meanwhile strategised on what kind of programming audiences would like to see on the network. The answer was classics like CID and Tenali Rama which would be modernised, have better casting, fabulous production values and improved storytelling. The first is being produced by Banijay Asia and the second by Contiloe Films and have already starting airing on their respective channels Sony Entertainment and Sony Sab. The focus in on gauging audience reactions to these two, before launching new shows which are currently being developed with other producers. Shark Tank, which has been drawing eyeballs and attention ever since it launched three seasons ago is slated to launch on 6 January.

    The second strong plank of content at Culver Max is its sports programming under the Sony Sports Network umbrella. Recently, rights to the Asian Cricket Council covering men’s, women’s, under19’s, and men’s and women’s emerging Asia cup tournaments from 2024 to 2031 were  acquired. The network already has rights to  cricket matches in New Zealand, England, Sri Lanka. Formule E race broadcast rights have been inked for the next three years. 

    For football fans, close to 1,600 matches from the 2024-2025, 2025-2026 and the 2026-27 seasons of the UEFA Champions League, UEFA Europa League, UEFA Conference League, UEFA super cup and UEFA Youth League havbeen be been signed up earlier this year. Ultimate Fighting Championship matches till 2028 should continue attracting its loyal audiences, even though it’s quite possible it will lose the WWE (its staple)  programming to Netflix which has paid top dollar for it as part of a global acquisition deal.  Rights to local Hockey India League championships for three years have also been acquired,. Sony has also been a partner to three of the Grand Slam tennis tournaments. Therefore it has enough heft to keep viewers engaged throughout 2025 with their TV and handphones, says GB.

    SonyLiv is the least of GB’s worries. Led by old-timer Danish Khan and content commissioner Saugata Mukherjee, the streamer has been churning out shows which have attained cult status: The Scam, Rocket Boys, Freedom at Midnight, Gullak, Tanaav, Cubicles, Undekhi, among many others. It has loyal subscribers who know what they are going to get on the platform, and they come there to get it. Sources indicate that it has the lowest churn among all the streamers, though its subscriber base is in the 15-20 million range.

    Four months into his job, and GB has begun to make his presence felt on the Indian entertainment landscape. He has just begun emerging from the shadows as a corporate leader. 2025 will see his influence spreading even further.

    Media mavens had better not be surprised if he makes some sharp moves, especially acquisitive ones. For as his boss Ravi Ahuja expressed to him on his December visit to India: “Exceed expectations, take on new challenges, and build your skills and network – that’s the path to leadership!”

    To his advantage, to many in the industry, he is a mystery, known more for his content savviness, not for his managerial or strategic skills. 

    And that is his trump card. 

    (We asked an AI pic generator to re-imagine Gauarav Banerjee through its tool, and the main picture on our home page is what it came up with. No malice is intended toward Culver Max, Gaurav Banerjee or anyone else asociated with personally or professionally. No copyright infringement is intended either.)
     

  • SPNI announces Ashok Nambissan & Nitin Nadkarni’s retirement

    SPNI announces Ashok Nambissan & Nitin Nadkarni’s retirement

    Mumbai: Sony Pictures Networks India (SPNI) has announced the retirement of two key leaders, general counsel Ashok Nambissan and chief financial officer (CFO) Nitin Nadkarni, effective 31 August 2024. Their contributions have been instrumental in shaping SPNI’s success.

    Nitin Nadkarni, who joined SPNI in 2005, has been an invaluable leadership team member, driving the financial mandate and leading strategic financial initiatives for SPNI globally. As CFO, head of broadcast operations and network engineering (BONE), and head of commercial, Nitin has been pivotal in optimising SPNI’s commercial operations, ensuring maximum efficiency, and driving profitability through innovative strategies and diligent management. His sharp business acumen and analytical mindset have been instrumental in SPNI’s financial growth strategy. He has guided SPNI on its sustainability journey, implementing numerous initiatives to achieve a zero environmental footprint by 2050.

    With over four decades of experience in the financial sector, Nitin has garnered extensive expertise across industries, including engineering, specialty chemicals, and media & entertainment. His deep knowledge has significantly influenced SPNI’s strategies and operations, providing a solid foundation for the company’s future. Throughout his tenure, he has played a crucial role in fortifying SPNI’s financial resilience, implementing robust internal controls, and enhancing our financial reporting systems. His steadfast commitment to transparency and accountability has set benchmarks within the organisation, ensuring the company’s financial stability and growth.

    “Working alongside the leadership team at SPNI has been an enriching experience. Our efforts have always focused on maintaining the highest financial integrity and operational excellence standards. I am proud of our efforts in fostering a culture of accountability and precision. This commitment to excellence continues to drive our success and innovation in the industry,” said Nitin Nadkarni.

    According to SPNI MD & CEO NP Singh, “Nitin has been a pillar of strength for SPNI. His financial expertise, strategic insights, and unwavering commitment to excellence have significantly contributed to the company’s success. His leadership has been invaluable in navigating complex financial landscapes and driving sustainable growth. We are immensely grateful for his dedication and wish him all the best in his future endeavours.”

    Ashok Nambissan has been a vital part of SPNI since 2007, playing a crucial role in shaping its legal and regulatory framework and ensuring compliance across all operations. He oversaw the corporate relations, legal and regulatory affairs, and standards & practices functions for SPNI’s businesses in India. As the company’s Ombudsperson, he demonstrated exemplary dedication to integrity and ethical conduct. His leadership successfully navigated SPNI through complex legal landscapes, safeguarding the company’s interests and fostering a culture of compliance. Notably, Ashok was instrumental in significant achievements such as renegotiating IPL rights and acquiring Ten Sports. His strategic insights and legal expertise have consistently propelled the organisation forward.

    Reflecting on his time at SPNI, Ashok remarked, “My journey at SPNI has been enriching and filled with growth and learning. I am grateful for the opportunities and the support of my colleagues, who made this journey memorable. Contributing to major negotiations and acquisitions and collaborating with industry bodies to shape regulatory frameworks have been career highlights. I am honoured to have been part of the network’s evolution and the launch of new channels and digital platforms, which have been significant milestones.”

    SPNI MD & CEO NP Singh shared, “Ashok’s contributions have been fundamental to our success. His legal expertise and strategic vision have guided SPNI through many challenges and opportunities. Ashok’s leadership in major acquisitions and his skill in navigating complex legal issues have set a high standard for our legal and regulatory practices. His involvement in initiatives like the joint venture with BBC Earth and the expansion of SonyLIV has been crucial. We extend our best wishes to Ashok for a fulfilling retirement.”
     

  • Gaurav Banerjee to lead SPNI from August

    Gaurav Banerjee to lead SPNI from August

    MUMBAI: After some amount of speculation about whether Disney Star India head honcho Gaurav Banerjee would be hopping over onto Sony Pictures Networks India as big boss, today the company sent out a release confirming Banerjee (or GB as he is known) as the professional to lead SPNI on or before 26 August, pending regulatory approvals. He succeeds the extremely affable and low profile NP Singh who  successfully headed the M&E major for around 25 years.

    NP is slated to take on the role of non-executive chairman to support the transition until the end of the fiscal year.

    Says GB: “I am deeply honoured to take on the role of MD & CEO at SPNI. Under N.P. Singh’s remarkable leadership, SPNI has achieved tremendous success and innovation in the entertainment industry. I am excited to lead talented teams as we explore new frontiers in original programming, enhance our viewers’ experiences, drive our distribution footprint across India, and significantly boost our revenues. Together, we will set new benchmarks in entertainment and deliver exceptional value to our audiences and stakeholders.

    “Adds NP: “I am immensely proud of the success and innovation SPNI has achieved. I am confident that Gaurav will elevate SPNI’s impressive portfolio to new heights. His visionary approach will undoubtedly continue our legacy of excellence and creativity. I look forward to supporting him and our talented team as we further our impact in content creation, audience engagement, and digital media initiatives. And most importantly, I would like to thank the entire SPNI team for being the fulcrum of our growth and success.

    “Chairman of global television studios  & president & COO of Sony Pictures Entertainment Ravi Ahuja adds: “N.P. Singh’s leadership has been instrumental in shaping SPNI into the powerhouse it is today. I am confident that Gaurav Banerjee, with his proven track record and visionary approach, will continue to drive SPNI’s success. Gaurav’s expertise in content creation and strategic leadership will undoubtedly lead SPNI into an exciting new chapter of growth and achievement. We are thrilled to have him at the helm and look forward to the continued success of SPNI under his leadership.

    “More about GB

    With an illustrious career spanning over two decades, Gaurav Banerjee brings a wealth of experience in content creation and strategic leadership. He previously held the positions of head of content for Hindi entertainment & Disney+ Hotstar and business head for Star Bharat, Hindi & English movies, kids & infotainment, and regional (East). In these roles, Gaurav not only oversaw content curation across multiple languages but also spearheaded original series and films that resonated deeply with diverse audiences, earning him a reputation as an innovative and forward-thinking leader.

    Gaurav’s strategic vision and innovative approach consistently positioned top shows like Anupama, Ghum Hai Kisi Ke Pyaar Mein, and Imlie at the forefront of viewership ratings. He was vital in producing award-winning streaming originals such as the Emmy-nominated Aarya, Special Ops, The Freelancer, and The Night Manager for Disney+ Hotstar.

    Gaurav’s media journey started as an assistant producer and anchor at Aaj Tak. From there he moved to Star News, where he started producing and anchoring prime time news shows. Gaurav holds a master’s degree in filmmaking and TV production from Jamia Milia Islamia University and an undergraduate in history from St Stephens, Delhi.

  • Sony Pictures’ Tony Vinciquerra’s perspective on the Zee merger

    Sony Pictures’ Tony Vinciquerra’s perspective on the Zee merger

    MUMBAI: Why did the deal between Zee and Sony Pictures fall through? 

    Sony Pictures Entertainment chairman & CEO CEO Tony Vinciquerra gave some insights on 30 May at a business segment call with investment analysts. 

    Said he: “The Zee situation (the merger deal) would have been very great. It took a very long time to get regulatory approval and in that time, unfortunately, the Zee business deteriorated substantially.”

    Vinciquerra, explained that Sony Pictures has several conversations going on in India  that “could, might, possibly” end up in something that would help  the company in the market place. 

    He added: “But we are not concerned about our survival there. We have a very good busines there. We will survive. We will do well. We have a very large competitor there who is merging with another of our very large competitors. We are not sure how the regulatory process will go over there, but it will probably take some time. Which would give us some time to re-establish and re-energise our business to compete very strongly. But we are looking some other options which may or may not come to fore.”

    Vinciquerra also put paid to reports that the company had settled upon Disney Star’s Gaurav Banerjee to replace India CEO NP Singh who had announced he was retiring. 

    “We are aggressively looking…we have a long list of very good candidates we can choose from,” he elaborated.  

  • Gaurav Banerjee appointed as SPNI’s new CEO

    Gaurav Banerjee appointed as SPNI’s new CEO

    Mumbai: Sony Pictures Networks India (SPNI) has appointed Gaurav Banerjee, formerly with Disney Star, as its new CEO, succeeding NP Singh. Singh recently announced his departure from SPNI India after 25 years with the company, during which he hinted at a succession plan. This development aligns with his announcement.

    At Disney Star, Banerjee managed content for Hindi entertainment and Disney+ Hotstar. He also served as the business head for Star Bharat, overseeing Hindi and English movies, kids and infotainment, and regional channels in the eastern region. According to the Disney Star website, Gaurav played a pivotal role in shaping their diverse entertainment portfolio, covering multiple languages and overseeing original series and films. He managed all content for Hindi entertainment TV, including six of the top ten shows on Star Plus. Additionally, he was responsible for iconic TV brands such as Star Gold, Star Jalsha, Star Bharat, and the National Geographic Channel.

    Gaurav Banerjee also served on the board of directors of the Indian Broadcasting & Digital Federation, the industry forum for media leaders in India, and on the core technical committee of BARC India, the organisation responsible for measuring television ratings in India.

  • Structured succession planning process is on for my successor: NP Singh

    Structured succession planning process is on for my successor: NP Singh

    MUMBAI: With the announcement that NP Singh has decided to hang up his boots at SPNI, an era is coming to an end. One of the few senior executives to have seen it all, from traditional pay TV broadcasting to the streaming revolution followed by its fizzling out, NP (as he is called) is leaving behind extremely large boots to be filled. 

    A hard-nose finance professional and one of the few Sikhs to lead a media company in India, he stepped into the effervescent Kunal Dasgupta’s shoes, from his CFO’s position in the previous decade. He led SPNI well: making it one of the most profitable broadcasters in India – and even Asia – by focusing on the bottom line, taking hard decisions like not overbidding for IPL rights and even dropping a property that Sony had spent more than a decade developing.  

    He was one of the key executives – apart from those in Los Angeles – who worked on the now-aborted merger of SPNI (Culver Max) with Zee Entertainment. 

    Known to be reticent and  almost media shy despite running a M&E major, NP never let the glamour and glitz of the broadcasting business get to him. So it’s no surprise that  the note he sent out to his team, is subtle and subdued in its messaging.  Read on for details of the message: 

    Today, I have a significant update to share. After nearly 44 years in my career, including a rewarding 25-year tenure at SPNI, I have decided to move on from my role as MD and CEO. Having reached many significant milestones with our team, I am now ready to focus on social change and shift from operational roles to advisory ones. 

     

    However, my commitment to SPNI and its success remains strong. During my time here, we have established industry benchmarks, expanded our reach, and achieved many noteworthy accomplishments. I am dedicated to ensuring our legacy of success continues and grows under the new leadership.

     I will continue to lead SPNI until we find the right person to take over. We have begun a structured succession planning process for my successor and hope to have exciting news to share in the near future. Finding the right fit is our top priority.

     I understand there may be speculation during this time, so I urge everyone to rely on our official updates. We are committed to sharing timely and transparent information through our established channels and will communicate any definitive updates directly.

     Thank you for your trust and support. Your commitment and patience are vital as we navigate this transition and continue our path of growth and innovation.

  • Sony Pictures Networks India set to become the home to New Zealand Cricket for seven years

    Sony Pictures Networks India set to become the home to New Zealand Cricket for seven years

    Mumbai: Sony Pictures Networks India (SPNI) has acquired the television and digital rights to broadcast and stream all New Zealand-based BLACKCAPS and WHITE FERNS  matches into India and associated territories for the next seven years.

    The landmark deal, from 1 May 2024 to 30 April 2031, will include India’s tours of  New Zealand in the 2026-27 and 2030-31 summers, as well as all other bilateral  Tests, ODIs, and T20Is played in New Zealand during the designated period.

    All matches will be telecast and streamed live across SPNI’s sports channels and will  be livestreamed on Sony LIV, respectively, adding to an SPNI portfolio which already includes agreements with the England and Wales Cricket Board (ECB), and Sri  Lanka Cricket (SLC).

    Sony Pictures Networks India CEO & managing director NP Singh stated, “We  are thrilled to announce our new partnership with New Zealand Cricket.

    “New Zealand is renowned for its exceptional sportsmanship and strength; it’s one of  the most respected cricket teams globally.

    “It is our privilege to deepen and nurture the bond between this esteemed team and  its passionate fan base in India.”

    Diana Puketapu-Lyndon, Chair of New Zealand Cricket, said it was an exciting time  for both organisations.

    “With world-class sporting tournaments in their portfolio, Sony Pictures Networks  India is one of the premiere sports content providers in India and we look forward to  our association”, she said.

    The BLACKCAPS have enjoyed major success in the recent years, with the inaugural World Test Championship title win in 2021 highlighting their accolades. The men’s team also finished runners-up in the previous T20 World Cup, winning millions of hearts with their spirited display.

    Cricket fans in the Indian subcontinent can look forward to watching the BLACKCAPS in action against cricket heavyweights India, Australia, England and Pakistan among others until the end of the 2031 season.

    SPNI’s chief revenue officer – Distribution & International Business  and Head – Sports Business Rajesh Kaul, welcomed NZC to its stable of cricket content.

    “Our constant endeavour has been to add marquee properties to our sports portfolio.  making us a global muti-sporting arena for audiences in India. Our partnership with  NZC is an important addition to our sports portfolio as the BLACKCAPS have won  the hearts of cricket fans through their fierce competitive spirit and impeccable  sporting behaviour”, said Kaul.

    “We’re looking forward to showcasing some terrific cricket through our seven year  partnership which includes three crucial bilateral series against England, Sri Lanka  and Pakistan in 2024-25 as well two bilateral series featuring the Indian men’s team  in 2026-27 and 2030-31 respectively.”

    New Zealand Cricket (NZC) chief executive Scott Weenink was delighted with the  agreement, noting the partnership was a natural fit, with both organisations sharing  similar values.

    “Sony Pictures Networks India is an aspirational, innovative and forward-focussed  business that prides itself on being efficient and sustainable in a rapidly changing  world”, said Weenink.

    “It puts its consumers first and seeks to be the very best it can be – values NZC  relates to very strongly.”

    NZC GM Commercial Chris Smith said India was a key market for NZC and that the  partnership with SPNI was the result of closely aligned interests.

    “It’s fair to say this is a significant commercial agreement,” said Smith.

    “Sony has a large presence in the Indian market on both linear and digital platforms  and we’re looking forward to a long and mutually beneficial partnership.

    “It’s been a great experience working with the Sony team while finalising these  arrangements.”

    SPNI’s digital rights in India will be co-exclusive with Amazon Prime for the 2024-25  and 2025-26 seasons. 

  • BCCI media rights auction: Viacom18 bags both digital and TV rights

    BCCI media rights auction: Viacom18 bags both digital and TV rights

    Mumbai: Viacom18 have secured both the TV and digital rights for international matches to be played in India for the next five years (2023-28 cycle).

    Sports18 will then telecast the matches, international and domestic, on TV while it will be live streamed on JioCinema as OTT platform.

    The broadcast cycle begins from September 2023 and goes until March 2028 for a grand total of 88 bilateral matches (could go up to 102 matches) involving India. It can be broken down into 25 Tests, 27 ODIs and 36 T20Is.

    Sony Pictures Networks India MD & CEO N.P Singh, congratulated the winners of the BCCI e-auction for the bilateral media rights by saying, “We extend our heartfelt congratulations to the BCCI for a transparent and efficient e-bidding process and to the winners for securing the bilateral media rights. Our disciplined bid was grounded in market forecasts and a long-term growth strategy. We remain committed to delivering top-tier sporting entertainment as we continue to see growing enthusiasm across various sports genres.”