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Sony Pictures Networks India on Monday announced the appointment of former Disney executive Gaurav Banerjee as its Managing Director and CEO, effective on or before August 26, pending regulatory approvals. Banerjee will succeed NP Singh, who will move into the role of Non-Executive Chairman after a 25-year tenure, Sony Pictures Networks India (SPNI) said in a statement. Singh will move into the new role only after Banerjee takes charge, to support the transition through the end of the fiscal year. "NP 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," said Ravi Ahuja, Chairman of Global Television Studios and President & COO of Sony Pictures Entertainment. Banerjee previously held the positions of Head of Content for Hindi Entertainment & Disney+ Hotstar and Business Head for Star Bharat, Hindi & English ...
Sony Pictures Networks India (SPNI) on Thursday announced the elevation of Jaideep Janakiram as the Head of International Business and Operations. Janakiram, formerly the Head of International Business (Americas), will replace Neeraj Arora, according to a statement from the company. He will now report to Rajesh Kaul, Chief Revenue Officer of Distribution & International Business and Business Head of Sports Cluster. Commenting on the development, Kaul said: "Janakiram has been an integral part of our team, demonstrating remarkable expertise and leadership. I am confident that our international business will continue to thrive and expand under his guidance". Sony Pictures Networks India is the consumer-facing identity of Culver Max Entertainment Private Limited, which is an indirect wholly-owned subsidiary of Sony Group Corporation, Japan.
Prime Video has entered a distribution agreement with Sony Pictures Television (SPT), a division of Sony Pictures Entertainment (SPE), to launch a add-on subscription on the streamer for viewers in India. Sony Pictures Stream will offer SPE's movies and show on Prime Video Channels and its subscribers for an add-on introductory annual subscription of Rs 399. We are delighted to launch Sony Pictures - Stream, a new Prime Video Channel curated specifically for our customers in India. "The collaboration allows Sony Pictures Entertainment to make their vast and beloved library available in India at a single destination, reaching customers across the length and breadth of the country via Prime Video Channels, said Vivek Srivastava, head - Prime Video Channels, India. Sonika Bhasin, Vice President - South Asia, Sony Pictures Television, said with the partnership with Prime Video, Indian audiences can have access to content from SPE's extensive library of award-winning films and critica
Sony Pictures Networks India on Tuesday said it has not yet agreed to a deadline extension requested by Zee Entertainment Enterprises Ltd (ZEEL) for their merger, and is looking forward to know how the latter planned to complete the remaining critical closing conditions. In a statement, Sony Pictures Networks India (SPNI) said ZEE's notice to the Bombay Stock Exchange and the National Stock Exchange of India dated December 17, seeking an extension of the merger deadline is "an acknowledgement that they will not be able to meet the December 21, 2023 deadline to close the SPNI/ZEE merger". The notice triggers an existing contractual provision in the deal that allows for both parties to discuss the possibility of extending the deadline, it added. "SPNI is required to start those conversations but has not yet agreed to a deadline extension," the company said. It further said, "We look forward to hearing ZEE's proposals and how they plan to complete the remaining critical closing ...