Cable TV
K Sera Sera buys out Jhankar TV
MUMBAI: K Sera Sera is buying out Hamara Samay TV News Network, the company that owns and operates music channel Jhankar TV.
The acquired company will be renamed K Sera Sera Entertainment. It will become a subsidiary of K Sera Sera Productions Ltd, the listed company.
The promoters of Hamara Samay TV News Network will be given around 20 per cent stake in K Sera Sera Entertainment. “We have applied for a change in shareholding. Hamara Samay promoters will hold close to 20 per cent in the subsidiary company,” says a source in K Sera Sera.
Sapna Chaturvedi is going to head K Sera Sera Entertainment. Chaturvedi also owns a media company, Eternal Dreams.
Jhankar TV will be given a new name and the channel will be relaunched. “We have not yet finalised on the name but it may be called K Sera Sera. Chaturvedi will be the managing director of the company and the channel is being revamped by Diwali,” says the source.
K Sera Sera’s idea of running a music channel is seen as a strategy to synergise with its movie production business. The company spends substantial amount of money for promoting its movies on music channels. “We will still use the general entertainment channels for promoting our movies. But we don’t have to spend on music channels,” the source says.
K Sera Sera also plans to ramp up its movie production business. The company yesterday approved an enabling clause to raise debt of up to Rs 5 billion. “We have big plans for our movie business. Having a music channel makes strategic sense,” says the source.
Though K Sera Sera was also weighing options of launching the music channel on its own, it decided on the acquisition route. “Jhankar already enjoys distribution. We realise the problems we would have to face in distributing a new channel,” the source adds.
Cable TV
Hathway Cable appoints Gurjeev Singh Kapoor as CEO
Leadership change comes as cable TV faces shrinking subscriber base and modest earnings pressure
MUMBAI: Hathway Cable and Datacom has tapped industry veteran Gurjeev Singh Kapoor as chief executive officer, marking a leadership pivot at a time when India’s cable television business is under mounting strain.
Kapoor will take over from Tavinderjit Singh Panesar, who is set to retire in August after a long innings with the company. Panesar, chief executive since 2023, has held multiple leadership roles at Hathway, including his latest stint beginning in 2022.
Kapoor brings more than three decades of experience in media and entertainment. He most recently led distribution at The Walt Disney Company’s Star India business, now part of JioStar. His career spans television distribution and affiliate partnerships, with stints at Sony Pictures Networks India, Discovery Communications and Zee Entertainment.
Panesar, with over three decades in the industry, has worked across strategic planning, distribution and business development in media, broadcasting and manufacturing. His past associations include ESPN Star Sports, Star India, Apollo Tyres and JK Industries.
The transition lands as the cable sector grapples with structural disruption. Traditional operators are losing ground to streaming platforms, while telecom and broadband players tighten the squeeze with bundled offerings.
An EY report estimates India’s pay-TV base could shrink by a further 30 to 40 million households by 2030, taking the total down to 71 to 81 million. The slide follows a loss of nearly 40 million homes between 2018 and 2024, a contraction that has already wiped out more than 37,000 jobs in the local cable operator ecosystem.
Hathway’s numbers reflect the strain. The company reported a consolidated net profit of Rs 93 crore for FY25, down from Rs 99 crore a year earlier. Revenue inched up to Rs 2,040 crore from Rs 1,981 crore. As of December 2025, it had about 4.7 million cable TV subscribers and roughly 1.02 million broadband users.
Kapoor steps in with a familiar brief but a shrinking playbook. In a market where viewers are cutting cords faster than companies can reinvent them, the new chief executive inherits a business fighting to stay plugged in.
