Sony Pictures Networks

Sony moves Bombay HC against TDSAT order blocking Tata Play disconnection

Sony Pictures, which owns 27 TV channels in India, has challenged the TDSAT stay order that blocked its disconnection notice against Tata Play amid a fee hike dispute

Sony bags Asian Cricket Council media rights till 2031 for $170 mn

Before Sony, Star India held the media rights until 2023

Sony Pictures Networks India secures ACC media rights for eight years

Sony Pictures Networks India on Friday said it has bagged the exclusive media rights for all Asian Cricket Council tournaments from 2024 to 2031. This will make the company's cricket calendar even more robust over the next eight years adding to the existing rights for England, Sri Lanka and New Zealand, Sony Pictures Networks India (SPNI) MD & CEO, Gaurav Banerjee told PTI. In a statement, Asian Cricket Council (ACC) said the deal with SPNI "marks more than a 70 per cent increase from the previous media rights cycle, highlighting the growing global stature and appetite for ACC Asia Cup tournaments". According to industry estimates, the previous media rights cycle rights for 2016-2024 period was valued at USD 62 million. Both SPNI and ACC did not disclose the value of the new cycle. ACC said the deal with SPNI encompasses all editions of the men's and women's Asia Cups, men's and women's Under-19 Asia Cups, and the men's and women's emerging teams Asia Cups. "This partnership ..

Sony Pictures names TV head Ahuja CEO after Vinciquerra steps down

Ahuja came to Sony after a career in television management at the Fox networks and Walt Disney Co, here, he's overseen production of award-winning series like The Crown, The Boys, The Last of Us, etc.

Axis Finance, IDBI withdraw petitions against Zee-Sony merger at NCLAT

Axis Finance, IDBI Bank & IDBI Trusteeship Services have withdrawn their petitions before the appellate tribunal NCLAT filed against the NCLT order approving the merger of Zee Entertainment with Sony Pictures Networks India. The National Company Law Appellate Tribunal (NCLAT) allowed the withdrawal of the petitions noting that the NCLT earlier this month had already recalled its earlier order of August 10, 2023, approving the merger of Zee Entertainment with Sony Pictures Networks India. "Learned counsel for the appellants submit that NCLT has already withdrawn the merger scheme. Hence the appellants pray that they may be permitted to withdraw the appeals. Prayer is allowed," said an NCLAT bench comprising Chairperson Justice Ashok Bhushan and Member Barun Mitra. Earlier this month, the Mumbai bench of the National Company Law Tribunal (NCLT) recalled its order passed on August 10, 2023, in which it had approved the merger of Zee Entertainment with Sony Pictures Networks ...

Sony posts 10% rise in net profit boosted by image sensors, games business

A sprawling group encompassing music, movies, games and chips, Sony hiked its full-year profit forecast by 3 per cent to 1.3 trillion yen aided by foreign exchange rates

Sony and Tata Play clash over removal of channels, legal action considered

Tata Play cited declining popularity and cost savings for consumers as reasons for the removal of Sony channels, while Sony claims this to be retaliation from the DTH operator

Sony Pictures Networks India appoints Gaurav Banerjee as new MD and CEO

Sony Pictures Networks India on Monday announced the appointment of former Disney executive Gaurav Banerjee as its Managing Director and CEO, effective on or before August 26, pending regulatory approvals. Banerjee will succeed NP Singh, who will move into the role of Non-Executive Chairman after a 25-year tenure, Sony Pictures Networks India (SPNI) said in a statement. Singh will move into the new role only after Banerjee takes charge, to support the transition through the end of the fiscal year. "NP Singh's leadership has been instrumental in shaping SPNI into the powerhouse it is today. I am confident that Gaurav Banerjee, with his proven track record and visionary approach, will continue to drive SPNI's success," said Ravi Ahuja, Chairman of Global Television Studios and President & COO of Sony Pictures Entertainment. Banerjee previously held the positions of Head of Content for Hindi Entertainment & Disney+ Hotstar and Business Head for Star Bharat, Hindi & English ...

Sony Pictures India elevates Jaideep Janakiram to lead international biz

Sony Pictures Networks India (SPNI) on Thursday announced the elevation of Jaideep Janakiram as the Head of International Business and Operations. Janakiram, formerly the Head of International Business (Americas), will replace Neeraj Arora, according to a statement from the company. He will now report to Rajesh Kaul, Chief Revenue Officer of Distribution & International Business and Business Head of Sports Cluster. Commenting on the development, Kaul said: "Janakiram has been an integral part of our team, demonstrating remarkable expertise and leadership. I am confident that our international business will continue to thrive and expand under his guidance". Sony Pictures Networks India is the consumer-facing identity of Culver Max Entertainment Private Limited, which is an indirect wholly-owned subsidiary of Sony Group Corporation, Japan.

Decided to move on but will continue till new successor, says SPNI CEO

Sony Pictures Networks India Managing Director and CEO NP Singh on Friday said he has decided to move on but will continue to be in his current role till a successor is found. In a statement, Singh who has had a 25-year tenure at Sony Pictures Networks India (SPNI), said after nearly 44 years in his career, he is "ready to focus on social change and shift from operational roles to advisory ones". "I will continue to lead SPNI until we find the right person to take over. We have begun a structured succession planning process for my successor and hope to have exciting news to share in the near future. Finding the right fit is our top priority," Singh added. Reiterating that his commitment to SPNI and its success remains strong, Singh said, "During my time here, we have established industry benchmarks, expanded our reach, and achieved many noteworthy accomplishments." He further said, "I am dedicated to ensuring our legacy of success continues and grows under the new leadership." Son

Sony, Apollo discuss proposal to make joint bid for Paramount Global

The competing bid, which is still being structured, would offer cash for all outstanding Paramount shares and take the company private

NCLAT to hear IDBI Bank, Axis Finance plea on Zee-Sony merger on May 17

Axis Finance and IDBI had challenged the merger in NCLAT

Sony India seeks to increase subscribers, revenue in FY25: CEO N P Singh

Sony Pictures Networks India is looking to boost its subscriber base and revenue through impactful content, while looking at strategic partnerships as it gears up to face a challenging fiscal year 2024-25, according to its Managing Director & CEO N P Singh. The company will be taking experiences and lessons from FY24, as stepping stones for what lies ahead, he wrote to employees in an internal newsletter. "Heading into FY25, we are gearing up for a challenging year but are ready with creative spirit and strong resolve," he said. Further, Singh said, "Our goal is sharp, to captivate audiences and boost our subscriber base and revenue through impactful content." The company is channeling investments into new shows, including on Sony LIV, he said. "Our strategy emphasises driving organic growth and ramping our market presence through strategic partnerships," he said. Reflecting on the fiscal gone by, he said FY24 "showed our true resilience and teamwork". "Tackling challenges head-

Zee Entertainment mulls filing counterclaims against Sony India in SIAC

Legal experts say Zee took several steps to merge the companies which resulted in litigation costs

Axis Finance moves NCLAT against NCLT order approving Zee-Sony merger

The tribunal questioned the credibility and surety of the Sebi in completing the probes within eight months

Axis Finance approaches NCLAT against NCLT approval of Zee-Sony merger

Zee-Sony merger: This comes just over a month after the NCLT's Mumbai bench approved the merger on August 10 by dismissing all applications against it

NCLAT to hear Zee Entertainment's plea challenging NCLT order today

NCLT had directed Indian bourses to reconsider their prior approvals for the merger of ZEEL and Culver Max Entertainment, formerly called Sony Pictures India

Sebi's Shirpur Gold Refinery order raised before NCLT, may bite Goenkas

Bourses NSE, BSE brought up the issue during Zee-Sony merger hearing

Sony Pictures India rebrands channel portfolio to align with global ethos

Sony Pictures Networks India (SPNI) has rebranded all its network channels to be more aligned with the Japanese conglomerate's global ethos, the company said in a statement on Monday. According to N P Singh, managing director and CEO, SPNI, "The power of the Sony brand and its values have driven our work ethics so far, and today, it reflects in our channel-brand architecture as well." "The work that we started three years ago has now reached fruition. We are creating a powerful unified entertainment conglomerate with a broader appeal by refocusing our existing channel portfolio in its latest look and feel," he added. Sony's networks exist at the intersection of technology and entertainment -- and the logos reflect this. The new branding colours are energetic, inspiring and remind us of a brilliant light spectrum, it said. "The curve in the logo comes from the swing of the Sony-S, with the dominant background being synonymous with the Sony brand. With this uniform shape and the ...

99.99% of Zee Entertainment shareholders vote for merger with Sony

Attention will likely shift back to the Competition Commission, which had granted conditional approval to the proposed deal last week