In an interview to CNBC-TV18, Nachiket Pantvaidya, CEO of Balaji Telefilms' ALT spoke about the latest happenings in the company.
In an interview to CNBC-TV18, Ekta Kapoor and Sameer Nair of Balaji Telefilms spoke about ALTBalaji's digital launch and how they plan to fight it out, survive and grow in the digital space.
Sameer Nair, Group CEO of Balaji Telefilms spoke about technical trials that are currently underway for its app - ALT and TV business that is coming up.
peaking to CNBC-TV18 Sameer Nair Group CEO of Balaji Telefilms says that new shows have a much lower margin. He is hoping to have 10 shows on air by FY17 end. TV business gross margin is likely to be up 25 percent by this fiscal year, he believes.
In an interview with CNBC-TV18, Sanjay Dwivedi, Group CFO of company said all the content production will move under Balaji Telefilms after it merges its film production business with self.
With a spate of new television shows lined up for launch, Balaji Telefilms‘ performance is set to exceed all expectations in FY17, says CEO Samir Nair. He expects double-digit growth in the television business for the full year.
Speaking to CNBC-TV Sameer Nair of Balaji Telefilms said that Udta Punjab's weekend collections globally have been Rs 53.8 crore.
Star Network offloaded its entire stake (25.99 percent) in Balaji Telefilm via block deal on Metropolitan Stock Exchange of India (MSEI) on Wednesday.
Balaji Telefilms intends to continue retaining it's dominance in the television space while continuing it's aggression in the motion picture space, said CEO Tanuj Garg to CNBC-TV18.