Daily Post 12-06-2019

Wednesday, 12 June 2019

TOP STORY

STB maker My Box’s FY19 net loss zooms while revenue declines

Set top box (STB) manufacturer My Box Technologies’ FY19 net loss has zoomed almost 11 times while the revenue has declined 76% owing to the company’s focus on debtor collection and development of new products such as Alexa kit, Android and hybrid set-top box (STB).

TV9 stake sale deal involved cash payment through hawala networks, alleges former CEO Ravi Prakash

Former TV9 CEO and Editor-in-chief Ravi Prakash has alleged that one part of the payment for TV9 stake sale deal done through hawala networks.

Virgin Media to offer Voot, Eros Now free of cost till 4 July

Virgin Media will be making its Asian entertainment apps available to view at no extra cost for its TV customers until 4th July. In March, Virgin Media became the UK’s first Pay TV provider to add an on-demand library of films and shows through two Asian entertainment apps.

ZEEL launches initiative to revive Odisha’s livelihood affected by Cyclone Fani

Media conglomerate ZEEL has launched an initiative #ReviveOdisha to help revive the livelihood of the Cyclone Fani-affected citizens of Odisha.

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