MAM
Gracenote names Bill Condon as first head of advertising sales
MUMBAI: Nielsen-owned Gracenote has brought in seasoned adtech leader Bill Condon as its first-ever head of advertising sales, signalling a sharper push into the fast-moving world of connected TV advertising.
Condon will lead revenue growth across Gracenote’s expanding advertising business, with a clear mandate to scale adoption of content connect, the company’s CTV ad platform launched in December 2025.
In simple terms, content connect helps advertisers understand not just who is watching, but what they are watching. Built on Gracenote’s content ID graph and long-established TV metadata, the platform allows ads to be targeted at the programme level, while offering brand safety, transparency and smarter ways for publishers to package and sell their inventory.
For an industry grappling with fragmented streaming services and blurred audience signals, the promise is clarity. Advertisers get better context. Publishers get better monetisation. Viewers, ideally, get ads that make more sense.
Condon arrives with over 20 years of experience across both sides of the digital advertising table. Most recently, he was vice president of enterprise sales and partnerships at Xumo, where he played a key role in scaling free ad-supported streaming TV channels and unlocking revenue across major CTV platforms. His earlier stints include senior roles at Disney, Tremor Video, Yahoo, AOL and PointRoll.
Gracenote chief business officer Ryan Moore, said the appointment reflects the company’s growing momentum in advertising. He added that Condon’s track record in building and monetising CTV and Fast platforms makes him a natural fit to drive the commercial growth of content connect.
For Condon, the timing feels right. He believes CTV advertising has reached a point where scale and signal quality must evolve together, but visibility into the content surrounding ads has lagged behind.
Gracenote’s bet is that content intelligence, when made practical and actionable, can bring order to the streaming chaos. With Condon at the helm of ad sales, that bet just got a little louder and a lot more confident.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
