Telco Bharti Airtel’s direct to home (DTH) arm Airtel Digital has posted an operating profit of Rs 544.1 crore for the quarter ended 31st December as against Rs 560.7 crore in the trailing quarter. The company’s EBITDA margin stood at 68.7% compared to 71%.
Sony Pictures Networks India (SPNI) have on-boarded Saugata Mukherjee as Head – Original Content, Digital Business. In his new role, Saugata will be spearheading the Hindi original content initiatives for SonyLIV and expand the footprint of the platform.
Most of the news platforms across TV, print, and digital are targeted at adults. However, that is about to change as a group of entrepreneurs have joined hands to set up a one of its kind news channel for children on YouTube.
Private equity firm Black Dragon Capital has completed an agreement with Belden Inc. in which it will acquire Grass Valley, a leading supplier of broadcast and media solutions for the production and distribution of high-quality content worldwide.