MAM
AT&T and ‘American Idol’ part ways
MUMBAI: Judges have come and gone, but what had remained consistent about Fox’s American Idol apart from host Ryan Seacrest, are the sponsors.
However, in a new development AT&T which has been the sponsor for the reality show for its last 12 editions has finally decided to part ways. The American telecom giant has earlier been quoted as saying that the show is a powerful platform that allows it to connect with its customers directly.
However, it seems the show’s declining ratings has adversely affected the relationship between the two. As per the Nielsen data, reported in American dailies, the average audience size for Idol has dropped by 9.9 million viewers over the past three seasons, from 23.1 million in 2011 to 13.2 million last year.
The other sponsors – Coke and Ford – are still associated with the show, the 13th edition of which went on air on 15 January.
Brands
Eneet Chadha joins Apex Group as senior vice president
Former Citco and BNY executive to lead strategic fund servicing push
PUNE: Apex Group Limited has appointed Eneet Chadha as senior vice president, strengthening its senior leadership ranks as it sharpens its focus on alternative investments and hedge fund servicing.
In his new role, Chadha will lead strategic fund administration and hedge fund servicing within the group’s global alternatives platform. His remit includes driving operational excellence, deepening client relationships and improving service delivery across complex financial portfolios.
Before joining Apex Group, Chadha served as vice president – hedge fund at The Citco Group Limited. He previously spent more than 12 years at BNY, where he worked as lead manager – fund accounting and reconciliation. He began his career at State Street as a team leader.
The appointment reflects Apex Group’s continued investment in senior talent as competition intensifies across global fund administration, particularly in alternatives where scale, precision and client trust are increasingly decisive.
