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.
iWorld
Nearly 90 per cent of sports fans use a second screen while watching live matches
Google says most viewers watch matches on TV but engage with sports on their phones
MUMBAI: The television may show the match, but the real action is often happening in the viewer’s palm.
As India celebrated a nail-biting cricket finale and the trophy’s return home, millions of fans were not just watching the game. They were also scrolling, searching and sharing on their phones. According to Google, nearly 90 per cent of sports fans use a second screen while watching live matches, turning mobile devices into the centre of real-time engagement.
Shubha Pai, head of YouTube sales and solutions at Google India, says the shift reflects a deeper behavioural change among viewers. Live sport remains a “lean back” experience on television, but the smartphone has become the “lean-in” hub where fans dive deeper. They check statistics, watch short-form clips, discuss moments online and even buy merchandise as the match unfolds.
The numbers underline the shift. About 67 per cent of Indian sports viewers now turn to YouTube for sports-related content, putting the platform ahead of both OTT services and social media channels, according to Google.
The audience is also changing. Pai notes that YouTube Shorts has become the top destination for Gen Z viewers and female sports fans, groups increasingly drawn to short, authentic and interactive content rather than traditional broadcasts.
For brands, the shift has commercial implications. Google says advertising returns on YouTube are three times higher than OTT platforms and 2.4 times higher than television, citing a meta-analysis of consumer packaged goods marketing mix modelling studies by Nielsen.
The lesson for marketers is clear. The television may still host the match, but the battle for attention has moved elsewhere. As fans cheer, argue, search and shop all at once, the second screen is no longer just a companion to sport. It is fast becoming the main event.
