MAM
RIP Mike Khanna: Ad man bids adieu forever
MUMBAI: Indian ad fraternity’s father figure Mahinder K. Khanna familiar as Mike Khanna, who captained the titanic transition of Hindustan Thomson Associates (HTA) into J Walter Thomson (JWT) breathed his last on 7 June, 2015 at the age 76. Khanna had been unwell for some time.
The entire business fraternity will speak highly about the numbers that he managed to secured as a leader of HTA first in Delhi and then in Mumbai but his achievements are way beyond those numbers.
Defining Khanna’s persona, HTA former national creative director Ivan Arthur writes, “And those who do not know him will have visions of a man like some others with similar achievements, men who draw attention to their success with big flourishes of the corporate wand and the abracadabra of individual style. With Mike there were no flourishes; no conjurer’s patter, no abracadabra showmanship. He almost seemed like a novice with a pack of cards, slowly dealing them out, stopping to spit-wet his fingers when suddenly you would notice: he has dealt you an ace. And then another and another. You looked in awe. And there he was, unimpressed with his own magic, intent on just dealing you those aces.”
Arthur further adds in his blog, “A creative director will tell you how, on the occasion of the global CEO’s visit, her presentation was delayed by an hour, and how Mike went up to her, put his hand on her shoulder and said, Relax. This is not the end of the world. I could have kissed him then, she said. But I went about getting the job done. An office manager narrates how on his wife’s birthday, he had invited Mike home for dinner, at which he demonstrated the five-finger-and-palm bhangra clap.”
In 2005 Khanna decided to hang up his professional boots and was replaced by Colvyn Harris as JWT India’s CEO. In January 2015, following Harris’ appointment as executive director for global growth and client development Tarun Rai was handed over the post of CEO of J. Walter Thompson South Asia.
Under Khanna’s leadership, HTA represented some of India’s biggest brands like Hero, Pepsi, several Unilever brands, and Air India.
“The freedom to try and fail. A strong sense of self-worth, fairness, integrity, leadership, challenge, A sense of fun. Aces that they hold close to their chest. Aces that have led them to where they are today. Many are now happily retired and a good number are CEOs, chairmen of companies and leaders in their fields. They are all of them echoing one line, I am what I am today because of Mike,” concludes Arthur.
We at Indiantelevision.com deeply mourn the passing away of this maverick ad man. RIP Mike Khanna (1939 – 2015).
MAM
Paramount set to acquire Warner Bros. Discovery in $81 billion deal
Shareholders back merger, combined entity could reshape streaming and studios.
MUMBAI: Lights, camera… consolidation, Hollywood’s latest blockbuster might be happening off-screen. Shareholders of Warner Bros. Discovery have voted in favour of selling the company to Paramount in a deal valued at $81 billion rising to nearly $111 billion including debt setting the stage for one of the biggest shake-ups in modern media. The proposed merger, still subject to regulatory approvals, would bring together a vast portfolio spanning HBO Max, CNN, and franchises such as Harry Potter under the same umbrella as Paramount’s own heavyweights, including Top Gun and CBS.
At the heart of the deal is streaming scale. Executives have indicated plans to combine HBO Max and Paramount+ into a single platform, potentially creating a stronger challenger to giants like Netflix and Amazon’s Prime Video. Current market data suggests HBO Max holds around 12 per cent of US on-demand subscriptions, compared to Paramount+’s 3 per cent, together still trailing Netflix’s 19 per cent and Disney’s combined 27 per cent via Disney+ and Hulu.
Paramount CEO David Ellison has signalled that while platforms may merge, HBO’s creative identity will remain intact, stating the brand should “stay HBO” even within a broader ecosystem.
Beyond streaming, the deal would redraw the map for film production. Combining two of Hollywood’s oldest studios Paramount Pictures and Warner Bros., the new entity aims to scale output to over 30 films annually, while maintaining a 45-day theatrical window. Warner Bros. currently commands around 21 per cent of the US box office, compared to Paramount’s 6 per cent, underscoring the strategic weight of the acquisition.
But scale comes with scrutiny. Critics warn that fewer players could mean reduced consumer choice, rising subscription costs, and potential job cuts as the combined company looks to streamline overlapping operations while managing billions in debt.
The news business, too, faces a reset. CNN would join forces at least structurally with Paramount-owned CBS, raising questions about editorial independence and positioning. The merger has already drawn political attention in the United States, particularly given perceived ties between the Ellison family and Donald Trump, though the company maintains that newsroom autonomy will be preserved.
If approved, the deal would mark another milestone in Hollywood’s consolidation wave shrinking the industry’s traditional “big six” studios to a “big four”, with Paramount joining Disney, Universal, and Sony at the top table.
In an industry built on storytelling, this merger may well become its most consequential plot twist yet.
