Page 2 - Media Companies

BuzzFeed to shut down its News division amid workforce reductions

BuzzFeed CEO said that he planned to engage with the News Guild union regarding the cost reduction plans and what that would mean for affected union members

Zee Entertainment falls 3% as nearly 6% equity change hands via block deals

At 9:15 am; around 54.77 million equity shares, which represented 5.7 per cent of total equity of ZEEL changed hands on the BSE

Traders can adopt 'buy-on-dips' strategy for Nifty Media: Ravi Nathani

According to the technical analyst, the Nifty Media Index is currently displaying a range-bound pattern, with fluctuations occurring within a prescribed range

Performing the business of art: Open mic organisers look to turn profitable

While shows are back after the pandemic lull, the pay-and-perform model still works on small margins

GroupM Media's CEO Prashanth Kumar elected president of AAAI

Prasanth Kumar, the chief executive officer (CEO) for South Asia of GroupM Media has worked at Pepsi, The Hindu, and The Media Edge & McCann Erickson in a career spanning more than 25 years

NDTV takeover a responsibility, not business opportunity: Gautam Adani

Adani wants to build a global news brand; plans to invest $4 bn in a petrochemical complex

'Boomerang CEOs' don't always work out; Disney hopes to buck trend

The stock performance of companies led by CEOs who returned for another stint in their former position - so-called boomerang CEOs - was 10.1 per cent lower during their tenures

Meta is India's largest media company: A look at the ten big firms in 2022

A look at the ten big media firms in the financial year ending 2022

Walt Disney says Bob Iger returning as CEO amid rough global conditions

The Walt Disney Company has announced that Robert A Iger (Bob Iger) is returning to head the company amid the company's plans to reduce workforce to navigate the rough global conditions

Zee Entertainment, Sun TV may underperform on advertising growth worries

Between the two, Sun had better growth rates than Zee in the Sept quarter

Carefully evaluate open offer: NDTV independent directors to shareholders

Last month, the Adani group had written to Sebi, re-affirming its commitment to complete the open offer process for additional shares in NDTV

Top headlines: Celebs under scanner for GST evasion, Meta lays off 11,000

Business Standard brings you the top headlines this hour

Media associations condemn police searches at offices of The Wire

Media associations on Tuesday condemned searches carried out by the Delhi Police at the offices of news portal The Wire and the houses of its editors on the basis of a complaint filed by BJP leader Amit Malviya. In a joint statement, seven media bodies including Press Association, Press Club of India and Digipub News India Foundation said the manner in which the Delhi Police has acted on the complaint of a BJP spokesperson "smacks of sheer vendetta". "It is surprising that even after the news portal issued a detailed retraction for its editorial lapses, putting out the same in the public domain, the Delhi Police, based on the complaint of the BJP leader which includes a bevy of charges including criminal clauses under the IPC, registered an FIR and chose to proceed (with) investigating the matter with uncharacteristic promptness," the statement said. Delhi Union of Journalists, Working News Cameraman Association, Indian Journalists Union and Kerala Union of Working Journalists are .

YouTube announces new ways for creators to make money through Shorts

Over the last three years, YouTube has paid creators, artists and media companies more than $50 billion

The M&A wave: Is there a pattern to what looks like a spate of media deals?

Digital is forcing a fundamental change in how people consume media and in the very definition of a media company, say analysts

Zee Entertainment board clears media firm's mega merger with Sony

ZEEL's current CEO and managing director, Punit Goenka, will lead the combined company

Network18 Media Q2 profit jumps nearly threefold to Rs 199 crore

Network18 Media & Investments Ltd on Tuesday reported nearly threefold jump in consolidated net profit at Rs 199.27 crore for September quarter 2021-22 driven by improved revenue performance, controlled opex and lower finance costs. The company had posted a net profit of Rs 68.01 crore in July-September period a year ago, the media firm said in a regulatory filing. Revenue from operations was up 30.76 per cent to Rs 1,387.24 crore during the quarter under review, as against Rs 1,060.89 crore in the year-ago period. According to Network18, its both news and entertainment businesses further improved profitability. During the quarter it had a strong revenue growth driven by viewership and the highest ever Q2 revenue (ex-film), grew 29 per cent YoY, said Network18 in a post earning statement. Total expenses surged to Rs 1,189.04 crore from Rs 976.90 crore. Commenting on the results, Network18 Chairman Adil Zainulbhai said the quarter was quite remarkable, both from a macro as well as

What is a media company?

The media company, as we know it, however is dead

Zee Entertainment posts third quarter net profit of Rs 398 crore

Zee Entertainment Enterprise reported a consolidated net profit of Rs 398.01 crore for the third quarter ended December 2020

NBA condemns FIRs against senior editors over coverage of R-Day violence

The News Broadcasters Association on Monday strongly condemned the registration of FIRs against senior editors and journalists over the coverage of the farmers' protest