Adani Enterprises Limited (AEL) has announced the acquisition through it’s wholly owned subsidiary, AMG Media Networks Limited (AMG). Key points to note – Acquisition is of 49% stake in Quintillion Business Media Limited (QBML) QBML owns and operates a business and financial news digital media platform, viz., www.bqprime.com (formerly known as www.bloombergquint.com). Previously on March … Read more
Viacom18 (V18) is amongst the leading players in the Indian television sector with 38 channels in nine languages across various genres including general entertainment, movies, sports, youth, music and kids. Besides, it also has OTT streaming platform Voot. V18 is currently a 51:49 JV between Reliance Industries Limited (RIL) owned TV18 and Paramount Global. RIL … Read more
Netflix’s video streaming service suffered the first loss in worldwide subscribers in its history, leading to a massive sell-off of its shares Netflix suffered its first subscriber loss in more than a decade, causing its shares to plunge 25% in extended trading amid concerns that the pioneering streaming service may have already seen its best … Read more
Brightcom has informed about the subject to the exchanges on February 28, 2022. Key points to note – SEBI had sent a letter to the Company on September 16, 2021, asking it to conduct a forensic audit. “The Securities and Exchange Board of India has reasonable grounds to believe that the disclosure of financial information … Read more
The relationship “marks a strong beginning of Adani Group’s foray into media”, the statement said. India’s Adani Group is taking a minority stake in local digital business news platform Quintillion, the companies said in statement on Tuesday, marking billionaire Gautam Adani’s first bet in the news industry. The relationship between Adani Media Ventures and Quintillion … Read more
Defend What Makes Twitter Tick: Clinton called Twitter the “last bastion of truth discovery.” “Important conversations in pursuit of truth happen on Twitter more than any other social network in world, more than any other place in the world,” the analyst wrote. The advantage that the company holds in this area is “fragile,” as per … Read more
Netflix has been staffing up for its next wave of growth that could come from international TV and new areas like video games. With employees on the move across industries amid the Great Resignation, Insider updated its analysis of how much Netflix employees make in the US. We combed through public data to get a … Read more
Key points to note – Solution has been developed by Airtel’s in-house engineering team – though doesn’t seem like a big deal for a giant like Airtel. It encompasses features ranging from app development, content hosting, curation and lifecycle management to search and discovery, analytics and monetisation models (advertising, subscriptions, transactions). Raj TV and Eros … Read more
LinkedIn is the only major U.S.-owned social network operating in China. Microsoft is pulling the plug on LinkedIn in China nearly seven years after its launch and will replace it with a stripped-down version of the platform that would focus only on jobs. LinkedIn is the only major U.S.-owned social network operating in the country, … Read more