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Sony Pictures Networks India on Friday said it has bagged the exclusive media rights for all Asian Cricket Council tournaments from 2024 to 2031. This will make the company's cricket calendar even more robust over the next eight years adding to the existing rights for England, Sri Lanka and New Zealand, Sony Pictures Networks India (SPNI) MD & CEO, Gaurav Banerjee told PTI. In a statement, Asian Cricket Council (ACC) said the deal with SPNI "marks more than a 70 per cent increase from the previous media rights cycle, highlighting the growing global stature and appetite for ACC Asia Cup tournaments". According to industry estimates, the previous media rights cycle rights for 2016-2024 period was valued at USD 62 million. Both SPNI and ACC did not disclose the value of the new cycle. ACC said the deal with SPNI encompasses all editions of the men's and women's Asia Cups, men's and women's Under-19 Asia Cups, and the men's and women's emerging teams Asia Cups. "This partnership ..
Tata Play cited declining popularity and cost savings for consumers as reasons for the removal of Sony channels, while Sony claims this to be retaliation from the DTH operator
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 Entertainment on Tuesday said it has appointed Nachiket Pantvaidya as General Manager of Sony Pictures International Productions (SPIP), India. He will oversee local Indian production while working alongside Shony Panjikaran, General Manager and Head of Sony Pictures Releasing International, India, the company said in a statement. "As he takes up this new assignment, he will continue to perform his duties as CEO, Sony Entertainment Talent Ventures in parallel," it added. An industry veteran, Pantvaidya was the Group CEO, Balaji Telefilms and Business Head of Sony Entertainment Television. He was also the Business Head of Star Plus and held several roles in the Star TV network, including Head of Star Pravah and Managing Director of Fox Television Studios. An IIM-Ahmedabad alumnus, he has also held key management roles in BBC and Disney, the statement said.
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.
Sony Pictures Networks India Managing Director and CEO NP Singh on Friday said he has decided to move on but will continue to be in his current role till a successor is found. In a statement, Singh who has had a 25-year tenure at Sony Pictures Networks India (SPNI), said after nearly 44 years in his career, he is "ready to focus on social change and shift from operational roles to advisory ones". "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," Singh added. Reiterating that his commitment to SPNI and its success remains strong, Singh said, "During my time here, we have established industry benchmarks, expanded our reach, and achieved many noteworthy accomplishments." He further said, "I am dedicated to ensuring our legacy of success continues and grows under the new leadership." Son
The Japanese tech conglomerate plans a partial spin-off of its financial unit with a listing in October 2025 in order to focus on its entertainment and chips units
The competing bid, which is still being structured, would offer cash for all outstanding Paramount shares and take the company private
Sony Pictures Networks India is looking to boost its subscriber base and revenue through impactful content, while looking at strategic partnerships as it gears up to face a challenging fiscal year 2024-25, according to its Managing Director & CEO N P Singh. The company will be taking experiences and lessons from FY24, as stepping stones for what lies ahead, he wrote to employees in an internal newsletter. "Heading into FY25, we are gearing up for a challenging year but are ready with creative spirit and strong resolve," he said. Further, Singh said, "Our goal is sharp, to captivate audiences and boost our subscriber base and revenue through impactful content." The company is channeling investments into new shows, including on Sony LIV, he said. "Our strategy emphasises driving organic growth and ramping our market presence through strategic partnerships," he said. Reflecting on the fiscal gone by, he said FY24 "showed our true resilience and teamwork". "Tackling challenges head-
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 ...
The Income Tax Appellate Tribunal (ITAT) had claimed that the IT's contribution to play-out facilities was an afterthought
According to media reports, Zee Entertainment Enterprises is in talks with the creditors to repay its debt and clear the last obstacle in completing its merger with Sony Pictures Network India
CEO Yoshida said that India has become the most populous country in the world and this has created innumerable opportunities for growth and this is especially true for the entertainment industry
Japanese conglomerate Sony Group Corporation aims to expand creations rooted in local culture in India through the expected merger of its arm Sony Pictures Networks India with Zee Entertainment Enterprises Ltd, its Chairman and CEO Kenichiro Yoshida said on Thursday. The group, which is present in India through electronics, music, media and entertainment, expects to close the merger with Zee Entertainment Enterprises Ltd (ZEEL) within the first half of fiscal year, he said while speaking at Sony Corporate Strategy Meeting 2023 in Tokyo. Under the long-term vision of expanding the number of people directly connected to the Sony Group to 1 billion people, Yoshida said, "I would like for us to continue delivering Kando (Japanese word for emotion) in specific areas such as anime, games, and in India, and make use of them in our creations." He asserted that Sony has been working to spread 'Kando' in India since the 1980s with Sony India, which leads the electronics business, "providing .
The NCLT decision to begin bankruptcy proceedings has overshadowed Zee Entertainment's merger with Culver Max Entertainment (Sony)
Sony Pictures Networks India (SPNI) has rebranded all its network channels to be more aligned with the Japanese conglomerate's global ethos, the company said in a statement on Monday. According to N P Singh, managing director and CEO, SPNI, "The power of the Sony brand and its values have driven our work ethics so far, and today, it reflects in our channel-brand architecture as well." "The work that we started three years ago has now reached fruition. We are creating a powerful unified entertainment conglomerate with a broader appeal by refocusing our existing channel portfolio in its latest look and feel," he added. Sony's networks exist at the intersection of technology and entertainment -- and the logos reflect this. The new branding colours are energetic, inspiring and remind us of a brilliant light spectrum, it said. "The curve in the logo comes from the swing of the Sony-S, with the dominant background being synonymous with the Sony brand. With this uniform shape and the ...
Chandra family to hold 4% stake in merged firm, with option to increase it to 20%
All producers working with SPN have been asked to strictly comply with all guidelines issued by the government and local authorities
The match, to be played at the Junction Oval, Melbourne to raise funds for the victims of the bushfires in Australia, will be telecast live and on Sony Six and Sony Ten 1 channels from 9:45 am onwards