Priyanka Chopra-Produced Doc Debuting On Prime Video India
05.04.2024 - 12:43 / variety.com
Naman Ramachandran Punit Goenka, MD and CEO of Indian media conglomerate Zee Entertainment Enterprises Limited, is trimming the organization’s workforce by 15%. “In line with his overall strategic approach, the MD and CEO has initiated the process of rationalization of the workforce by 15%, that will prune the staff strength across the company to arrive at a streamlined team that is sharply focused on the set goals for the future,” Zee said in a statement on Friday.
Goenka has also proposed the implementation of a “lean and streamlined management structure” to the Zee board, “in line with his strategic plan focused towards achieving the targeted goals for the company,” Zee said. “The proposed structure is aimed towards arriving at a cost-effective operational model with speed and agility as the core areas of focus.
It will further enable the company to chart higher growth by maintaining a keen eye on performance and profitability, thereby seamlessly executing its strategic priorities as required for a content creation company,” the statement said. The core business units of the new structure will be broadcast, digital, films and music.
The new regime will revolve around “frugality, optimization and a sharp focus on quality content” and every team member of the lean structure will “function as a partner and a co-owner of the company.” Goenka, who is now in direct charge of some of Zee’s verticals, has also proposed the elevation of some team members across businesses, giving them higher responsibilities. Earlier this week, Goenka had said that he would take a voluntary 20% reduction in his personal remuneration.
These moves are in the wake of the unsuccessful merger with the Sony Group Corporation in January. Goenka
.Priyanka Chopra-Produced Doc Debuting On Prime Video India
Naman Ramachandran Billionaire Mukesh Ambani‘s streamer JioCinema is making a play to become India’s top streaming service by introducing cheap premium tier plans. From April 25, the service’s existing INR999 ($12) annual plan for international premium content is being replaced by a monthly plan of INR29 (35 cents) for a single device or INR89 ($1.05) monthly for a family plan that covers four devices. The new plans are branded JioCinema Premium and will be up to 4K streaming quality.
YouTube star Abhradeep Saha, who was better known as Angry Rantman online, has died aged 27.The influencer's family confirmed his sudden death on social media on Wednesday 17th April. "With profound grief and sorrow, we hereby declare the sad and untimely demise of Abhradeep Saha AKA AngryRantman today," they wrote. "He touched the lives of millions with his honesty, humour and unwavering spirit.
EXCLUSIVE: Metrograph Pictures announced on Wednesday that Good One — the first feature from writer-director India Donaldson, which premiered to rave reviews at this year’s Sundance Film Festival — will open in theaters nationwide on August 9.
Swiss Films Previews, the only spread of national movies at Switzerland’s Visions du Réel, the country’s leading doc festival. Presented via excerpts at a two-hour showcase on Wednesday, three further titles – “Kalari – the Martial Art of Female Power,” “The Boy from the River Drina” and “Spheres” – underscored the strength in depth of documentary filmmaking in Switzerland and at least in this year’s Previews, a leitmotif.
Patrick Frater Asia Bureau Chief Zee Entertainment Enterprises Ltd., the disappointed bride in the failed engagement between Zee and Sony India, has formally ended its quest for a merger. On Tuesday, it withdrew its application before the industry regulator National Company Law Tribunal and said that it will focus instead on internal growth.
Cannes parallel section Directors’ Fortnight has unveiled the line-up for its 56th edition running from May 15 to 23, at a press conference in Paris’s Forum des Images cultural center.
Naman Ramachandran Anil Thadani’s AA Films has acquired the Hindi-language distribution rights for four highly anticipated 2024 southern Indian titles. The films are: Sukumar’s “Pushpa: The Rule – Part 2,” starring Allu Arjun; Shankar’s “Game Changer,” headlined by Ram Charan; Nag Ashwin’s “Kalki 2898 AD” led by Prabhas; and Koratala Siva’s “Devara,” starring NTR Jr. All these films are originally made in the Telugu language but will also be released across India and the world in several Indian languages, including Hindi.
India–Taiwan co-production “Demon Hunters” will be unveiled at the upcoming Cannes Film Market. The action-horror-comedy film is directed by Chen Mei-Juin (“The Gangster’s Daughter”) and produced by Light House Productions (Taiwan) and Kleos Entertainment Group (India), with the backing of the Taiwan government. The cast is headlined by India’s Arjan Bajwa (Prime Video series “Bestseller”) and Taiwan’s J.C.
As Barry Hulse walked into the number eight barracks at the maximum security Arthur Road Jail in Mumbai his mind reeled. Awaiting trial for drugs smuggling offences, he'd been locked up with hardcore addicts, terrorists and some of India's most ruthless gangsters.
The BBC‘s news operation in India has formally split in two, as the UK broadcast organization seeks to comply with local media rules.
Naman Ramachandran The BBC‘s news operations in India have been effectively divided from Wednesday with the launch of Collective Newsroom. Collective Newsroom was formed in December 2023 in order to comply with India’s strict foreign direct investment (FDI) in media rules. The Indian government’s cap on FDI in digital news outfits is 26%.
Jack Dunn David Barrington Holt, longtime manager of the Jim Henson Company’s Creature Shop in L.A., died March 13 of complications from cancer, his son, Chris Holt, announced. He was 78. After receiving a BA in industry design with honors from London’s University of the Arts in 1963, Holt began his illustrious 30-year career as a creator, quickly building his reputation as a skilled photographer, designer, engineer and model maker.
India’s Zee Entertainment Enterprises is planning to cut its workforce by 15%. At the same time, MD and CEO Punit Goenka is proposing a “lean and streamlined” board structure.
Naman Ramachandran Bollywood A-list actor and musician Ayushmann Khurrana has signed a global recording deal with Warner Music India. Hit songs sung by Khurrana over the past decade include “Mitti Di Khushboo,” “Paani Da Rang” and “Mere Liye Tum Kaafi Ho.” Signing with Warner Music India will enable Khurrana to access the label’s global ecosystem, helping him connect with audiences and artists beyond India’s borders, Khurrana and the label said.
Naman Ramachandran Jio Studios, the content arm of billionaire Mukesh Ambani’s Reliance Industries Limited (RIL), is on a roll with several box office hits in a row. Almost exactly a year ago, Jio Studios had launched a slate of 100 new films and TV shows. Those efforts have now come to fruition.
Ellise Shafer U.K. Prime Minister Rishi Sunak has backed J.K. Rowling after the “Harry Potter” author spoke out against Scotland’s new hate crime act, daring the police to arrest her for misgendering trans women.
Alex Ritman French TV giant Banijay is losing its second C-suite exec in just over a month. The company has confirmed to Variety that COO Peter Langenberg is departing, with his last day set to be March 31. Langenberg will remain with Banijay on a consultancy basis in the ESG (environment, social and governance) space.
Busan Hires Deputy Director
Following the axing of Top Gear, hosts Paddy McGuinness and Chris Harris have set their sights on their next TV project.The duo - who hosted Top Gear with Fredie Flintoff - are set to reunite in new BBC series Chris & Paddy: Roadtrip. Paddy, 50, and Chris, 49, will head out on new adventures across Europe in the programme, which will reportedly kick off in spring, according to The Sun.