MAM
GroupM India rejigs top management
MUMBAI: GroupM India, the media investment group of WPP, has appointed Sidharth Parashar as President – Investments and Pricing, GroupM India and Ashwin Padmanabhan as President – Partnerships and Trading, GroupM India. As part of this elevation, both Sidharth and Ashwin will join the GroupM Executive Committee.
GroupM South Asia CEO Prasanth Kumar said, “The elevation of both Sidharth and Ashwin is a testament of GroupM’s continued investment in its talent which has helped build a strong leadership pipeline, creating leaders to take our business into the future. In this ever-evolving integrated media ecosystem, we understand the importance of having leaders across key client focus areas like media investments and trading. Both Sidharth and Ashwin are astute leaders and I am confident that they will continue to drive client delight and expand GroupM’s reach across platforms.”
Sidharth and Ashwin have been leading GroupM’s pricing-investment and partnerships-trading practices over the years and they will take over their respective new roles effective November 2019.
Sidharth has been with GroupM for over 15 years. He commenced his journey as the Agency Buying Head for Maxus and has played a key role in evangelising the buying function in the organisation. In his new role, Sidharth will be responsible for leading GroupM India’s investment mandates across all media. He will further build on GroupM’s buying function and provide unique solutions to his clients. All the GroupM Agency Trading Heads and Cluster Heads will continue to report to Sidharth.
GroupM India President – Investments and Pricing Sidharth Parashar said, “It has been an amazing 15 years working at GroupM and I am delighted to join the executive leadership team. I am excited about the opportunity to lead the Group’s investments across platforms. GroupM has always raised the bar on innovation and providing exceptional value to our esteemed clients. I look forward to continuing delivering these company values each day.”
Ashwin joined GroupM from Reliance Broadcast Network where, as the COO he led the network’s Radio and Television business. At GroupM, Ashwin has been driving Trading and Partnerships. Along with his trading roles, Ashwin also leads Motion Content Group. Under his leadership, Motion’s unique value proposition of content Production, Financing and Monetization across platforms has become a big differentiator to the entire content ecosystem.
GroupM India President – Partnerships and Trading Ashwin Padmanabhan said, “I am delighted with this recognition and I would like to thank Prasanth Kumar and the GroupM leadership team for reposing faith and for considering me for this position. GroupM gives a unique opportunity to create, innovate and build in an entrepreneurial environment and I look forward to continue enhancing the GroupM value proposition for our clients, media and technology partners. ”
Both Sidharth and Ashwin will continue to be based out of the GroupM’s Gurgaon office and will report to Prasanth Kumar
MAM
Sameer Nair steps down as CEO of Applause Entertainment
Veteran media executive exits after a decade at the Aditya Birla Group-backed studio.
MUMBAI: After a decade of calling the shots, Sameer Nair is taking a bow from Applause Entertainment. The veteran industry leader and CEO of the prominent content studio is stepping down from his role, according to sources familiar with the development. This marks a significant leadership transition at one of India’s key players in the television and digital content space.
Applause Entertainment, part of the Aditya Birla Group, has built a strong reputation under Nair’s leadership for its high-quality adaptations of international formats and a slate of original series across OTT platforms. Nair, who joined the company a decade ago, was instrumental in shaping its growth and positioning it as a notable force in India’s evolving streaming landscape.
Prior to Applause, he held senior roles at major media organisations, including Star India, where he played a pivotal part in the launch of the iconic show Kaun Banega Crorepati in 2000. He also worked with Balaji Telefilms and NDTV Imagine.
It remains unclear who will succeed Nair or what his next professional move will be. Queries sent to Nair did not receive a response, and Applause Entertainment declined to comment on the matter.
His exit comes at a time when the Indian content ecosystem is undergoing rapid changes, with streaming platforms recalibrating investments, focusing on profitability, and adjusting content strategies amid shifting viewer preferences and increasing competition.
Industry insiders suggest the transition could signal a strategic reset for Applause as it navigates the next phase of growth.
In the fast-paced world of Indian entertainment, where hits can fade as quickly as they rise, Sameer Nair has enjoyed a remarkably steady and influential run. As he steps off the stage at Applause, the spotlight now turns to what comes next for both the executive and the studio he helped build.
