ITV

Tag: Sapna Chaturvedi

  • K Sera Sera signs to buy 80 per cent in Lemon Entertainment

    K Sera Sera signs to buy 80 per cent in Lemon Entertainment

    MUMBAI: K Sera Sera Productions Ltd has is acquiring 80 per cent stake in Lemon Entertainment (formerly known as Hamara Samay TV News Network). K Sera Sera announced today that it had entered into a shareholder’s agreement with the promoters of Lemon Entertainment for this purpose.

    With this, Lemon Entertainment would become a subsidiary of K Sera Sera. The acquisition, however, is subject to regulatory approvals.

    “Indiantelevision.com was the first to report about the buyout and K Sera Sera’s plans to launch a music channel following this acquisition.

    Lemon Entertainment has launched the music channel, Lemon TV. The operations are being handled by Eternal Dreams, a company floated by Sapna Chaturvedi, as a turnkey project. Suguna Narayan has joined as CEO and Pradeep Chak as head of marketing, strategy and sales. Narayan comes from Time Out Mumbai where she was the CEO while Chak was vice-president of client servicing and new business development at Euro RSCG in Mumabi.

  • K Sera Sera buys out Jhankar TV

    MUMBAI: K Sera Sera is buying out Hamara Samay TV News Network, the company that owns and operates music channel Jhankar TV.

    The acquired company will be renamed K Sera Sera Entertainment. It will become a subsidiary of K Sera Sera Productions Ltd, the listed company.

    The promoters of Hamara Samay TV News Network will be given around 20 per cent stake in K Sera Sera Entertainment. “We have applied for a change in shareholding. Hamara Samay promoters will hold close to 20 per cent in the subsidiary company,” says a source in K Sera Sera.

    Sapna Chaturvedi is going to head K Sera Sera Entertainment. Chaturvedi also owns a media company, Eternal Dreams.

    Jhankar TV will be given a new name and the channel will be relaunched. “We have not yet finalised on the name but it may be called K Sera Sera. Chaturvedi will be the managing director of the company and the channel is being revamped by Diwali,” says the source.
    K Sera Sera’s idea of running a music channel is seen as a strategy to synergise with its movie production business. The company spends substantial amount of money for promoting its movies on music channels. “We will still use the general entertainment channels for promoting our movies. But we don’t have to spend on music channels,” the source says.

    K Sera Sera also plans to ramp up its movie production business. The company yesterday approved an enabling clause to raise debt of up to Rs 5 billion. “We have big plans for our movie business. Having a music channel makes strategic sense,” says the source.

    Though K Sera Sera was also weighing options of launching the music channel on its own, it decided on the acquisition route. “Jhankar already enjoys distribution. We realise the problems we would have to face in distributing a new channel,” the source adds.
     
     

     

  • Eternal Dreams to foray into TV & film production; UTV’s Jain to head

    Eternal Dreams to foray into TV & film production; UTV’s Jain to head

    MUMBAI: Entertainment and event management company Eternal Dreams Pvt Ltd is making renewed efforts to get into television production after its initial experiment to turn around an ailing Marathi channel proved futile.

    Floated by ex-Sony hand Sapna Chaturvedi, the company plans to foray into Hindi film production as well. UTV non-conventional revenues general manager Bonnie Jain has rejoined the company as CEO to take up the task of finding buyers for TV content.

    In 2002, Eternal Dreams had found captive content for its production activities since it took up the management of Rathikant Basu-promoted Tara Marathi. But the channel had to shut operations due to losses.

    The company will now be looking at producing shows for the likes of Star, Zee and Sony in the Hindi general entertainment space and will also be looking at tapping opportunities with Doordarshan.

    Eternal Dreams managing director Sapna Chaturvedi said, “We are in talks with people in the industry for our venture but is too premature to talk to about it at present.”

    Jain was with Eternal Dreams till 2004, post which he joined UTV as channel director – television content. Later, Jain was made general manager of non-conventional revenues at UTV.

    He began his career with the Children’s Film Society of India (CFSI), and has also worked with Amitabh Bachchan’s ABCL, the K Balachander promoted Cuecom Entertainment Pvt Ltd and Kerry Packer’s Channel Nine India.