GECs
Canada-based ATN’s million dollar debenture renewed
MUMBAI: Toronto-based Asian Television Network (ATN) has announced that the company’s debenture holders have agreed to the extension and repayment plan agreement of its million dollar debenture for a further period of three years. The debenture will now be due on 9 June 2005.
“The debenture holders have recognized our outstanding growth in revenue and earnings over the past three years and have extended this debenture for a further three years to June 2008,” said an official release quoting ATN CEO and president Shan Chandrasekar.
“With this agreement ATN will continue to present an improving balance sheet for our investors with future pay-down of a significant portion of the debenture principal and the transfer of this debt to long-term.” said ATN CFO Byrne Fulton.
ATN, a publicly traded company listed on the Toronto Venture Exchange, owns and operates five television channels across Canada. It has programming alliances with broadcasters such as ZEE TV, B4U, Sony Entertainment Television, Alpha Punjabi, Jaya TV and ARY Digital.
GECs
Samsung TV Plus launches Kings of Comedy channel
New free FAST channel brings iconic Hindi comedy shows to millions of Samsung Smart TV owners.
MUMBAI: Samsung TV Plus has just turned up the laughter volume and it’s completely free. The leading free ad-supported streaming television (FAST) service in India has launched Kings of Comedy, a premium comedy channel featuring some of the country’s most beloved primetime shows. Available exclusively on Samsung TV Plus, the channel delivers back-to-back hits including Comedy Nights with Kapil, Khatra Khatra Khatra, and Comedy Nights Bachao, with no login or subscription required.
The launch marks a milestone for free streaming in India, offering audiences a dedicated comedy destination directly from their Samsung TV home screen. It arrives as Samsung TV Plus India celebrates its 5th anniversary, during which the service has grown its monthly active users by 42 per cent and more than doubled its total viewing hours. The platform now offers over 180 free channels across 14 languages.
Samsung TV Plus India general manager and head of business development Kunal Mehta said, “Comedy is the heartbeat of Hindi entertainment, and Kings of Comedy brings together the shows Indians already love, completely free on their Samsung TV. Our focus remains the same take the content people know and make it effortless to access.”
Globally, Samsung TV Plus has surpassed 100 million monthly active users across more than 4,500 channels, solidifying its position as one of the world’s leading free streaming services.
Kings of Comedy is now available on all compatible Samsung Smart TVs. For viewers seeking non-stop laughter without any cost, this new channel delivers a royal treat proving that sometimes the best entertainment really does come with no strings (or subscriptions) attached.
