13 Dec 2017
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Television

Balaji Telefilms nets Rs 68.25 cr from rights sale of 5 movies; TV content biz strong in FY16

Balaji Telefilms has sold for Rs 68.25 cr the satellite, overseas and music rights of 5 movies. Standalone FY16 net expands to Rs 43.67 cr from Rs 12.27 cr a year ago. Alt reports EBITDA loss of Rs 7.73 cr.

Deals abound as MipTV ups international showcases

Underlining the continued appetite for drama, a series of major production and distribution companies announced plans to ramp up drama production either by taking stakes in existing outfits or by launching new drama entities.

Fremantlemedia presenting Israeli format ‘Hear Me. Love Me. See Me’ at MipTV

FremantleMedia is showcasing ‘Hear Me. Love Me. See Me’ , a defining dating format devised by its production company Abot Hameiri, at the on-going television trade event MipTV in France.

Balaji Telefilms completes raising funds for OTT venture

Balaji Tele has raised Rs 150.08 cr by allotting 10.72 mn shares representing 14.1% of the company’s equity share capital to Atyant Capital India Fund – I, Vanderbilt University, GHI LTP Ltd, GHI HSP Ltd and GHI ERP Ltd.

Balaji Telefilms Q3 net at Rs 6.6 cr as programming hours widen

Balaji Telefilms turned profitable in Q3 from a period of loss a year ago even as programming hours increased, resulting in higher revenues from commissioned shows.

Balaji Telefilms plans to launch its OTT platform ALT in Q4 of FY16

Balaji Telefilms plans to build a scalable and profitable direct-to-consumer business by offering diverse original content. It believes that digital B2C will become the company’s core business in future.

Balaji Telefilms gets nod to raise Rs 250 cr

Balaji Telefilms has received board approval to raise up to Rs 250 cr even as it gears up to launch its OTT service under the ALT brand.

New spate of unrest as TV editors go on indefinite strike

Producers of daily soaps are negotiating with the editors of TV shows, who have gone on an indefinite strike. Will truce follow?

Endemol Shine India pushes pedal on content; ‘Masterchef’ on cards

Endemol Shine India MD Deepak Dhar talks about the production house’s growth plans. This includes ‘Masterchef’ and southern versions of ‘Fear Factor’.

Producers put foot down; FWICE calls off strike

The strike was called off on the written assurance of producers and broadcasters that the MoU would be signed by 14 October based on mutual terms and conditions.