MAM
W+K India CCO Santosh Padhi & president Ayesha Ghosh quit
Mumbai: Chief creative officer Santosh Padhi (Paddy), president Ayesha Ghosh, along with Shreekant Srinivasan (head of Delhi) have put in their resignations at W+K India.
Santosh Padhi joined W+K as CCO in early 2022, and was joined by Ayesha Ghosh shortly after. Together they opened W+K in Mumbai, and oversaw creative and business operations across Mumbai and Delhi. Combined, both offices created campaigns for these giant brands Jio 5G, Jio Fibre, Hero Vida, Jockey, Jindal Steel, Casio G-Shock, Hero Cycles, Firefox, Zoya Solitaires, Brownkind Skin care, Whistle dental care, among others.
Santosh Padhi (Paddy) stated: “I came into the W+K family with lots of excitement as I always followed their amazing work during my taproot days. I’m super proud that along with Ayesha and the solid team we managed to get some of the biggest brands in the nation, and had success on every front, be it people, reputation or clientele. We won over a dozen businesses and have managed to produce some beautiful work on the brands mentioned above. Not only me but we all really enjoyed the freedom the global team gave us on every front with total autonomy and many other wonderful things which I will always remember.”
“Unfortunately like most senior creative individuals even my heart is calling for something beyond this, something new, something that will give me a newer high, I have to depart in search of a new love,” Paddy added.
Ayesha Ghosh said, “The last 2.5 years have been quite exhilarating, right from stepping into this legendary agency, to setting up the Mumbai office, stabilizing and growing the Delhi office, delivering good results and adapting the unique W+K culture to India. Within a little over half a year of joining, it was satisfying to see the impact of our leadership. This wouldn’t have been possible without the passion and hard work of our employees. Every interaction with the W+K crew around the globe has opened my mind to new ways of thinking and new ways of measuring the worth of the work that we do. I hope I get to work with such a smart set of people again.”
Added Ayesha, “I’ve been meaning to pause for a while, dedicate more time to yoga and spend time with family. As for what comes next, I’ll see what the universe throws my way.”
An official statement from W+K stated: “We are grateful to Paddy and Ayesha for their efforts during these past two and a half years as they set up an office in Mumbai and brought in new energy and clients. We wish them all the best as they move on from the agency and take their talents into the world.”
MAM
Paramount set to acquire Warner Bros. Discovery in $81 billion deal
Shareholders back merger, combined entity could reshape streaming and studios.
MUMBAI: Lights, camera… consolidation, Hollywood’s latest blockbuster might be happening off-screen. Shareholders of Warner Bros. Discovery have voted in favour of selling the company to Paramount in a deal valued at $81 billion rising to nearly $111 billion including debt setting the stage for one of the biggest shake-ups in modern media. The proposed merger, still subject to regulatory approvals, would bring together a vast portfolio spanning HBO Max, CNN, and franchises such as Harry Potter under the same umbrella as Paramount’s own heavyweights, including Top Gun and CBS.
At the heart of the deal is streaming scale. Executives have indicated plans to combine HBO Max and Paramount+ into a single platform, potentially creating a stronger challenger to giants like Netflix and Amazon’s Prime Video. Current market data suggests HBO Max holds around 12 per cent of US on-demand subscriptions, compared to Paramount+’s 3 per cent, together still trailing Netflix’s 19 per cent and Disney’s combined 27 per cent via Disney+ and Hulu.
Paramount CEO David Ellison has signalled that while platforms may merge, HBO’s creative identity will remain intact, stating the brand should “stay HBO” even within a broader ecosystem.
Beyond streaming, the deal would redraw the map for film production. Combining two of Hollywood’s oldest studios Paramount Pictures and Warner Bros., the new entity aims to scale output to over 30 films annually, while maintaining a 45-day theatrical window. Warner Bros. currently commands around 21 per cent of the US box office, compared to Paramount’s 6 per cent, underscoring the strategic weight of the acquisition.
But scale comes with scrutiny. Critics warn that fewer players could mean reduced consumer choice, rising subscription costs, and potential job cuts as the combined company looks to streamline overlapping operations while managing billions in debt.
The news business, too, faces a reset. CNN would join forces at least structurally with Paramount-owned CBS, raising questions about editorial independence and positioning. The merger has already drawn political attention in the United States, particularly given perceived ties between the Ellison family and Donald Trump, though the company maintains that newsroom autonomy will be preserved.
If approved, the deal would mark another milestone in Hollywood’s consolidation wave shrinking the industry’s traditional “big six” studios to a “big four”, with Paramount joining Disney, Universal, and Sony at the top table.
In an industry built on storytelling, this merger may well become its most consequential plot twist yet.
