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Television

Balaji Telefilms to be cautious in movie production biz

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Balaji did not release any movie in Q3 and continues to be very selective with its movie pipeline. Investment in movies that are under production stand at Rs 50.3 crore, as of 31 December 2016.

Balaji Telefilms’ investments and preparation for launch of OTT service

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Balaji has invested Rs 30.7 crore in its OTT venture and continues to add original and exclusive content in preparation for its launch. Testing of the services is on ahead of the commercial launch of ALT Balaji. The content library at launch will have six original shows and some curated content totaling over 200 hours of content.

Balaji Telefilms plans to launch OTT service in Q4 of FY17

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Balaji is readying to launch its OTT streaming service ALT Digital in Q4. Content library at launch expected to be over 200 hours, including curated content.

Balaji Telefilms’ standalone net profit contracts in Q2

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Balaji Telefilms’ standalone net profit has contracted to Rs 4.4 cr compared to Rs 6.9 crore in the corresponding quarter of the previous fiscal year.

GRB Entertainment in new content deals with Sony Pictures and Bell Media

GRB Entertainment has announced deals for crime series to Canada’s Bell Media and to Sony Pictures Entertainment in the UK, Isle of Man, Channel Islands, Ireland and Malta.

Balaji Telefilms streamlining group structure to consolidate operations

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Balaji Telefilms Ltd (BTL) is streamlining its group structure to combine similar business interests, improve allocation of capital, enhance operational efficiencies and optimise cash flows. The film production undertaking of Balaji Motion Pictures (BMPL) is being demerged into BTL. As part of the new structure, Bolt Media Ltd will be amalgamated with BTL.

Endemol Shine India elevates Abhishek Rege to COO for TV & Films

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In his new role, Abhishek will also lead the mandate for Endemol’s film division. He was earlier leading the TV biz of the company.

Shashi Sumeet ropes in Nikhil Mirchandani as group CEO

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In his new role, Nikhil Mirchandani will oversee Shashi Sumeet group’s business operations and expansion plans.

Anil Ambani’s production arm ties up with Anurag Kashyap’s Phantom Films for TV, digital content

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Big Synergy and Anurag Kashyap-helmed Phantom Films are getting together for creating entertainment content for TV and digital media. The Anil Ambani-led firm will dig into the creative talent pool of Phantom Films. The alliance will allow Phantom Films to expand into the TV content genre.

Zee’s Essel Vision to remake Marathi film ‘Sairat’ in South Indian languages

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Essel Vision has roped in South Indian film producer-distributor Rockline Venkatesh as a co-production partner to remake ‘Sairat’ in Telugu, Kannada, Tamil and Malayalam.