Tag: Showbiz TV

  • Showbiz TV to launch in first quarter of 2001

    Showbiz TV to launch in first quarter of 2001

    Production company Nimbus Communications has postponed the launch of its entertainment channel, ShowBiz TV, by two to three months.

     

    Uday Sinhwala, Nimbus’ Head of Television, said the channel will now be launching anytime in the next three months.

     

    There were still some glitches to iron out, Sinhwala said, explaining the cause of the delay. “We don’t want to tie ourselves to a launch schedule and then realise after the channel goes on air there are things which need ironing out,” he said. Sinhwala added that their women’s channel would go on air towards the end of 2001.

     

    Informed sources have surmised that one reason for the postponement was that the programming library was not yet in place and additionally, the management feels the ad market is not buoyant enough to support such a channel currently.

     

    Showbiz TV will be loosely modelled on E! which is a very popular showbiz pay channel in the US partly owned by Time Warner group Nimbus will also be picking up some content from E!

  • Nimbus to spread its tentacles

    Nimbus to spread its tentacles

    Nimbus Communications is on an expansion spree and has set aside RS 2 billion for this purpose. As part of the expansion plan Nimbus will be airing two satellite channels, will launch a set of portals is a JV with IDBI and will be launching new TV software production facilities. To fund all these projects Nimbus would be coming out with an IPO of 30% of its equity.

    One of the channels would be called Showbiz TV. The channel, as one can guess form the name, would primarily be an entertainment channel. The channel would focus on news relating to films, stars, events and general entertainment. The second channel is likely to be a channel devoted exclusively to women audience.

    The two portals which the company is planning to set in a joint venture with IDBI would be focusing on entertainment and e-commerce. The brandname given to this venture is nirvanazone.com.

    In addition to the new ventures the company would also be spending RS 900 million to expand its current operations like software production, media marketing and airtime sales.