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Philip I Kent rejoins TBS as chairman and CEO
CALIFORNIA: Philip I Kent, a veteran senior executive at Turner Broadcasting System who last served as President of the CNN News Group, has rejoined Turner as its Chairman and Chief Executive Officer. He will report to the chairman of AOL Time Warner’s Entertainment & Networks Group, Jeffrey Bewkes.
Jamie Kellner, who has led Turner for the past two years in Atlanta, will return to California and continue as Chairman and CEO of the WB Network till the end of his employment agreement in the summer of 2004.
Kent will lead the CNN News Group; Turner’s entertainment networks, including TNT, TBS Superstation, Cartoon Network, Turner Classic Movies, Turner South and Boomerang; and Turner Sports, as well as the Turner Sports properties, which include the Atlanta Braves, Hawks and Thrashers and Philips Arena. He will begin to work immediately with Kellner on a transition plan and then formally take over as Turner’s Chairman and CEO on 10 March.
Kent brings a wide range of professional experience to his new position and has earned a strong reputation as a leader and team builder throughout Turner. As President of TBS International, he was instrumental in shifting the international strategy of the Turner news and entertainment networks toward a more regional and local focus. He was charged with overseeing Turner’s wide-ranging business activity in Asia, Europe and Latin America, including all sales, distribution, business development, joint partnerships and business alliances outside of the United States.
At CNN, he was an early architect of many of the news group’s current strategic initiatives and was instrumental in the recruitment and retention of key on-air and executive talent. Through his varied career in television, Kent has worked effectively with a full range of customers and constituents of TBS – entertainment and journalism talent, cable and satellite operators and advertisers throughout the world, as well as a diverse and multicultural workforce.
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Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â 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.
