iWorld
Ambani talks about RIL’s media & entertainment empire
MUMBAI: When one of India’s richest billionaires starts talking about what most consider as a small media & entertainment business, juxtaposing it against the Rs 300,000 crore he generates out of oil and gas, it’s a statement of how much it has come to mean to him.
At the RIL AGM on 1 September chairman Mukesh Ambani outlined the scale of Reliance Industries Ltd’s (RIL’s) M&E business.
“We own 58 channels the highest number by an Indian company and we are aggressively investing in it along with global leaders such as Viacom, CNBC, CNN Forbes, and A+E Networks,” he said with aplomb.
11 of these channels are overseas but they are Indian and catering to the diaspora globally. Network18 contributes 21 of these in the form of news channels reaching out national and regional viewers, in 18 states and 11 languages. The entertainment and infotainment TV business it has set up in partnership with global majors such as Viacom and A+E has 26 channels.
“Our television network reaches out to more than 500 million viewers every month, that is two out of every five Indians,” he explained. “Colors is amongst the top two channels in India, while Nick and MTV are top players in their genres.”
He was pretty kicked up about the reach of online websites under the Network18 umbrella. “They attract over 27 million unique visitors every month which is the largest in India,” he exclaimed.
He also spoke about the fact that online shopping and ticketing sites such as bookmyshow have got the highest traction in the country.
iWorld
Epic Company launches unified Epic Studio for films and OTT
Vivek Krishnani to head films business; Samar Khan leads OTT & Television.
MUMBAI: Epic just merged its creative superheroes under one cape because when films and OTT need to fight for attention together, you don’t keep them in separate universes. The Epic Company has launched Epic Studio, a next-generation creative and production powerhouse that unites Juggernaut Productions and Movieverse Studio under a single banner. The move creates a streamlined, scalable platform for premium storytelling across theatrical films, OTT originals, television, digital-first formats and branded content.
Vivek Krishnani has been appointed chief executive officer, Epic Studio (Films), overseeing the theatrical and film business with a focus on culturally resonant narratives across Hindi, Telugu, Tamil, Gujarati and Malayalam cinema. Samar Khan continues as chief executive officer, Epic Studio (OTT & Television) and retains his role as chief content officer for Docubay and Epic On.
The Epic Company managing director Aditya Pittie said, “Epic Studio brings together our entire creative ecosystem under one unified studio vision. This is not just an integration of verticals, but the creation of a collaborative environment where writers, filmmakers, creators, and brand partners can seamlessly develop and scale stories across formats and screens.”
Vivek Krishnani added, “We are building an audience-focused mainstream film studio committed to delivering fresh, engaging, and innovative stories for both theatrical and streaming platforms.”
Samar Khan commented, “This alignment allows us to approach storytelling with a unified studio mindset. We are building IP under one creative umbrella, with scale and longevity in mind from inception.”
The unified structure eliminates silos, enabling ideas to flow fluidly from concept to screen while adapting to evolving audience behaviour. Epic Studio positions itself as a creator-led ecosystem championing purposeful, resonant storytelling with commercial strength.
In an entertainment landscape where stories now leap between screens faster than plot twists, Epic isn’t just building a studio, it’s crafting a single launchpad where every tale gets the best shot at soaring across every platform.
