BUSINESS
Zee-Invesco court war: Division bench sets next hearing on November 29
Zee’s largest shareholders Invesco and OFI Global approached the bench on Thursday, challenging an October 26 Bombay HC ruling.
BUSINESS
Maharashtra reopening: Exhibitors see mixed response from audience, F&B restriction a concern
Most theatres are playing Hollywood content and seeing a mixed response from the audience.
TRENDS
Beyondlife.club launches drop wallet for Amitabh Bachchan NFT collection
For a simplified transaction for the upcoming NFTs drops of Amitabh Bachchan, Beyondlife.club is offering a drop wallet that supports multiple forms of digital transactions from debit cards to crypto.
BUSINESS
Theatre reopening may impact OTT originals, platforms to see slower subscription growth
Theatre owners will also have to deliver better experiences to draw viewers away from these platforms
BUSINESS
NCLT adjourns Zee-Invesco case till November 16, investors to appeal against Bombay HC order
This comes after Bombay High Court on Tuesday granted relief to Zee Entertainment by granting injunction against Invesco's call for extraordinary general meeting (EGM).
TRENDS
IPL's media rights value set to soar and digital, new franchises could be game changers
From a larger focus on digital rights to sports being a key genre for TV, analysts point to different facets that will drive up the value of the media rights.
BUSINESS
Zee-Invesco row: A look at what happens next after Bombay HC bars Invesco from calling EGM
While the Bombay High Court has restrained Invesco from taking any action in furtherance of their requisition notice (to call an EGM)," said Nirav Shah, a partner at law firm DSK Legal, the court has not declared the call for an EGM illegal or invalid.
BUSINESS
Zee Entertainment gets breather, Bombay HC grants injunction against Invesco's call for EGM
The court has to decide whether the requisition notice is valid or not and till then the meeting requisitioned by Invesco cannot be held.
BUSINESS
PVR expects theatrical window to return to pre-Covid length by FY23
Over the top (OTT) platforms, which used to stream movies eights weeks after their theatrical release, started offering films on their platforms within four weeks as Covid raged across the country and governments ordered most cinemas shut.
TRENDS
India-Pakistan match dial up digital viewership, Disney+Hotstar sees more viewers than IPL 14
Disney+Hotstar attracts 12 million viewers to India-Pakistan match; India's loss a dampener
BUSINESS
PVR expects to go back to pre-pandemic screen addition rate by FY23
Betting big on Maharashtra, which contributes 25-30 percent to a Hindi film's collection, PVR is expecting a significantly better third quarter
BUSINESS
Zee-Invesco row: Zee argues holding EGM is illegal, Bombay HC to hear the matter on October 26
The counsel appearing for Zee said that Zee believes that holding EGM is illegal.
BUSINESS
Maharashtra reopening: Imagicaa, one of India’s biggest theme parks, expects to reach pre-COVID-19 levels by FY23
Rival Wonderla Holidays had restarted operations in Bengaluru and Hyderabad in August and is seeing strong demand. Both operators are counting on the festive season to drive footfalls.
TRENDS
TV ad volumes surge on the back of festive season; FMCG among top advertisers
HUL which has maintained its position as the top advertiser registered 84 million seconds of advertising in the July-September quarter in 2021 as compared to 81 million seconds last year and 58 million in 2019 during the same period.
BUSINESS
Zee Entertainment to announce the EGM date today
Counsel appearing for Zee said the company will inform the date of the EGM by the morning of October 22. The Bombay High Court on October 21 asked the company to call a meeting as requisitioned by Invesco
TRENDS
Restaurant timing extension in Maharashtra to help recovery from Covid-19 impact
Some restaurant operators want to be allowed to open until the pre-pandemic time of 1.30 am, citing limits on seating capacity
ENTERTAINMENT
PVR expects strong recovery from Q4 FY22; launches six new screens ahead of Maharashtra reopening
With two upscale Luxe auditoriums and one viewing room for private screenings, the new multiplex spread across six screens has a seating capacity of 882.
TRENDS
Chennai Super Kings' win in IPL 14 to dial up Dhoni's brand value
Dhoni currently endorses around 30 brands including Dream11, Indigo Paints, The Association of Mutual Funds, and Boost.
TRENDS
CSK's win in IPL 14 takes Disney+Hotstar viewership a notch up
The strong performance of the team during the final not only made the team clinch its fourth winning title but it also made a new record during IPL 14 in terms of viewership on the OTT platform.
BUSINESS
NTO 2.0: Zee, Sony announce new channel pricing but will it help broadcasters?
Zee Entertainment, Sony Pictures Networks India (SPNI), Star India, Viacom18 have come out with new channel prices after TRAI asked for a compliance report on NTO 2.0
BUSINESS
PVR bags rights to screen T20 World Cup live; matches to be screened in 75 cinemas
PVR's partnership with the International Cricket Council (ICC) involves live screening of all India games along with the semi-finals and final.
TRENDS
From Roposo to Trell, short video platforms carve out a space in social commerce
TikTok, which became wildly popular in India before it was banned by the government in June 2020, embraced social commerce only this year. Homegrown app Trell brought brands, creators and buyers together on one platform last year, followed by Chingari and now Roposo.
BUSINESS
Invesco response to Zee claim highlights corporate governance issues: Experts
Some legal experts say Zee should have come clean about the potential deal with Reliance Industries in the interests of transparency .
BUSINESS
Dish TV rejects Yes Bank's call for EGM citing regulatory issues
Dish TV has noted that for the resolution to be put before the shareholders, prior approval of the Ministry of Information and Broadcasting in respect of national security clearance as well as that of the company's lenders is required.
