MAM
Firefly Media makes foray into Asia
Firefly Media, which claims to be a leader in the US projection and visual communications industry, has established a presence in the Asian market through a partnership with Kuala Lumpur based Ambient Media.
Ambient Media, a player in the alternative media and marketing field, has tied up with Firefly for a hybrid projector sale and revenue share, whereby Ambient will buy projectors from Firefly and the latter will share in all revenues generated by Ambient from the projectors.
The deal, says an official release, is in keeping with Ambient’s strategy to look for new and innovative media products for its client base. The company is aiming at duplicating the outdoor advertising and event production model that Firefly has rolled out in the United States. Ambient Media claims to have a platform that communicates with consumers ( integrating the message into their daily lives) rather than merely talking at consumers (through media channels).
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.
