MAM
Cartoon Network, Funskool ink licensing deal for ‘Beyblade’
MUMBAI: Cartoon Network Enterprises, the consumer products division of Cartoon Network has inked a licensing deal with Funskool India for Beyblade toys.
In May this year, the company had rolled out consumer products of the Powerpuff Girls, Dexter’s Laboratory and Johnny Bravo.
As the India representative of Beyblade-Japan, Cartoon Network Enterprises has appointed Funskool as the key retailer, producer and distributor of these toys in India. The show premiered on Cartoon Network on 20 May and has been consistently throwing ratings of 1+ on the network.
“Cartoon Network has always been at the forefront of bringing novel concepts to Indian kids, and Beyblade toys will be yet another effort to drive the popularity of our characters outside the realm of television,” said Cartoon Network Enterprises, India and South Asia director Jiggy George.
He further added, “I am very excited about this launch, as this is the first time that Cartoon Network Enterprises is foraying into third party licensing and as the year progresses we will be announcing more such strategic tie-ups.”
Having its origins in ancient Japanese spinning top Bei Goma, the Beyblade is a cutting edge sports entertainment brand targeted at young boys. Beyblading combines a heady mix of adrenaline and strategy, to give the player an exciting, fun-filled experience coupled with an element of learning.
To cater to the huge demand across segments, the toys have been very competitively priced keeping all pockets in mind. Priced between Rs 149-349, the Beyblade toys are available in different assortments.
MAM
Dish TV shareholders approve three independent directors
99.49 per cent vote of confidence strengthens board as company expands into connected TV, e-commerce and OTT.
MUMBAI: Dish TV has just been served a near-perfect vote of confidence and the shareholders have dished it out in style. Shareholders of the DTH operator have approved the appointment of three new Independent Directors with an overwhelming 99.49 per cent approval. The three appointees are Mr Arun Kumar Kapoor, Ms Heena Naishadh Bhatt and Mr Ashok Anant Paranjpe.
The strong mandate reflects continued investor faith in the company’s strategy, disciplined execution and long-term value creation. It comes as Dish TV focuses on stabilising its core DTH business while actively scaling new verticals connected TV platform VZY, B2B e-commerce ShopZop, and OTT service Watcho to build a more diversified and resilient growth trajectory.
Dish TV India Limited, CEO & executive director Manoj Dhobhal said, “We are encouraged by the shareholders’ approval of the appointment of the Independent Directors and sincerely thank them for their continued trust and confidence. The Board is already benefiting from the Directors’ collective experience, which will further sharpen strategic focus and support disciplined execution.”
With a fresh, strengthened board in place, Dish TV is well positioned to navigate the evolving media landscape. In a sector where every percentage point matters, a 99.49 per cent thumbs-up is the kind of ringing endorsement that suggests the company’s recipe for the future is already tasting right.
