iWorld
LeTV has first ‘Le Meetup’ in Bengaluru
BENGALURU: LeTV held its first Le Meetup with its super fans in Bengaluru on Saturday. The meet witnessed a full house gathering of LeTV’s Superfans, bloggers, keen tech enthusiasts and influencers from the city who had an exclusive hands-on experience of LeTV’s products even before sales kicked off in India.
Le Meetup has been conceived and implemented as a platform to bring its Superfans and blogger community together and listen to them speak and experience Le Future up-close. The participation from Superfans and bloggers made the event a lively, interactive exchange rather than just a one-way communication. It turned out to be a great opportunity to meet and chat with fellow Superfans, bloggers, LeTV staff and take away LeTV super products.
The meetup had an exclusive Q&A session and allowed an open dialogue between fans, bloggers, YouTubers, and Le staff.
LeTV head of digital marketing Ivan Wang said, “It has been a truly rewarding experience interacting with our fans and followers. We recognise that they are vital and hence we have ensured that our comment response rate is 98 per cent and response time is three minutes. This is a new benchmark in the industry and has been acknowledged by our fans in this very forum. Thank you all for the overwhelming response, your feedback matters and we will very closely consider them!”
LeTV shared its focus for India as a key market, which along with the US is part of its expansion plan. The company also intends to match the product launches in India with that of global launches. The company will have a preview event on 5 January where it will make more confirmed announcements on its launch date. Le Meetups will be held in multiple cities the next one will be held in Delhi on 30 December and 9 January, followed by one in Hyderabad.
iWorld
Tips Music CEO Hari Nair to step down
Girish Taurani and Sushant Dalmia to jointly steer the company as the hunt for a new chief begins
MUMBAI: A leadership shuffle is under way at Tips Music. Hari Nair, the company’s chief executive, will step down on April 30 as the music label begins the search for a successor.
The company said Girish Taurani, executive director, and Sushant Dalmia, chief financial officer, will jointly oversee operations during the transition while the board identifies a permanent replacement.
Nair joined Tips Music in 2023 and set about reshaping the veteran music label into a more digital, data-led enterprise. During his tenure, the company secured licensing and partnership deals with global platforms including Sony Music Publishing and TikTok, while renewing agreements with Warner Music Group.
Drawing on earlier experience in technology and entertainment, including a stint at ByteDance, Nair pushed the organisation towards a performance-driven culture. He built a brand partnerships division and introduced proprietary software systems aimed at strengthening digital distribution and data capabilities.
Kumar Taurani, chairman and managing director, credited Nair with embedding a data-led culture within the company and driving revenue growth in line with shareholder commitments.
In his resignation note, Nair said that after helping transition the label into a modern, digitally focused and process-driven organisation, the time had come to pursue his next leadership challenge.
The leadership change comes as the broader Tips Films group shows signs of financial stabilisation. In the third quarter of FY26 the company reported a net loss of Rs 2.86 crore, narrowing sharply from Rs 14.2 crore in the previous quarter. For the nine months ended December, losses stood at Rs 12.37 crore.
Yet revenue told a more volatile story. Income from operations slid to Rs 4 crore in Q3 FY26 from Rs 56 crore in the preceding quarter, taking total operating income to Rs 4.56 crore.
For a company built on a catalogue of more than 34,000 tracks and decades of Bollywood hits, the next chief will inherit both a digital engine and a volatile music market. The playlist may be familiar, but the next act at Tips Music is only just beginning.
