Fiction
Balaji Telefilms’ matriarch Shobha Kapoor finally gets her due at Indian Telly Awards
MUMBAI: It was a night to remember at the 25th edition of Indiantelevision.com and TellyChakkar.com’s Indian Telly Awards, as Balaji Telefilms’ managing director Shobha Kapoor was finally recognised for her silent yet towering contribution to the Indian television industry.
In a long-overdue move, the editorial board of the Indiantelevision.com group conferred her with the Ramanand Sagar Lifetime Contribution Award — a decision taken after much deliberation and unanimous agreement.
The emotional high point came when her husband, veteran actor Jeetendra Kapoor, took to the stage at JW Marriott, Mumbai, to receive the award from Indian Telly Awards founder Anil Wanvari. But instead of keeping it, he stepped down from the stage and handed the trophy to Shobhaji, who was seated in the front row — triggering a wave of thunderous applause and emotion across the ballroom.
What followed was a heartfelt video message from daughter Ekta Kapoor, currently in the US: “Mom, you deserve all the awards we’ve ever got. Balaji is nothing without you. I am nothing without you. You’ve always worked behind the scenes, never seeking credit. Today, finally, someone has given it to you..”
Trying hard to hold back tears, Shobhaji accepted the tribute with poise and composure. “It was an evening to remember! I’m honoured to have received this award and specially from my husband who has been my biggest support throughout the 30 years of my career! Above all my daughter and partner Ekta kapoor who has been and is the driving force ! Thank youu Indian telly awards ?,” said Shobhaji.
“Shobhaji has been Balaji’s rock — in its highest highs and darkest lows,” said Wanvari. “She allowed Ekta to blossom as a creative force, while herself building the operational backbone of the company. Together, they’ve created a powerhouse that has trained and mentored scores of television professionals across the industry.”
He added, “Ekta has been showered with accolades over the years. It was time Shobhaji, one of Indian TV’s real heroes, received her moment in the spotlight.”
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Fiction
Banijay merges with All3Media in $6.65 billion deal
Marco Bassetti will lead the combined company as CEO
PARIS: Six years after acquiring Endemol Shine at the height of the pandemic, Banijay has struck again. The European production heavyweight is merging with All3Media in a deal that will create a television titan with $6.65 billion in revenue and redraw the contours of a fast-consolidating market.
The combined company will trade under the Banijay name and be owned 50 per cent each by Banijay Group and RedBird IMI, which acquired All3Media in 2024. The transaction is expected to close by autumn, subject to regulatory approvals.
Banijay Entertainment CEO Marco Bassetti, will take the top job at the enlarged group. All3Media CEO Jane Turton becomes deputy CEO. RedBird IMI CEO Jeff Zucker will serve as chairman.
The logic is scale. Broadcasters are commissioning less, streamers are tightening budgets and global buyers are fewer but bigger. Against that backdrop, heft matters. The merged entity will generate roughly $6.65 billion in revenues based on 2024 figures, giving it sharper elbows in rights negotiations and deeper pockets for franchise-building.
“Entrepreneurialism, ambition and creativity” remain core to Banijay’s DNA, Bassetti said, flagging plans to invest more heavily in new intellectual property, live events and emerging platforms. Turton struck a similarly bullish note, pointing to All3Media’s journey from a 2003 start-up to a global supplier of hit formats and high-end drama.
Between them, the two groups control a formidable slate. Banijay’s catalogue spans MasterChef, Big Brother, Survivor, Black Mirror, Peaky Blinders and Deal or No Deal. All3Media’s labels include Studio Lambert, producer of The Traitors and Squid Game: The Challenge; Two Brothers, behind The Tourist; and Neal Street, currently producing the forthcoming Beatles biopics directed by Sam Mendes for Sony.
The back catalogue is equally muscular. Banijay Rights holds some 220,000 hours, while All3Media International adds around 35,000 hours, forming one of the industry’s largest libraries.
Banijay, controlled by French entrepreneur Stéphane Courbit and listed in Amsterdam, counts more than 130 production companies across 25 territories. All3Media operates over 40 labels, with strong positions in the UK, US and Germany. The enlarged group will also lean into live entertainment, building on Banijay’s Balich Wonder Studio, which produced the opening ceremony of the Milan-Cortina Winter Olympics, and the Independents.
The deal marks a shift in tone. As recently as October, Bassetti suggested that mergers and acquisitions were not a priority. But the drumbeat of consolidation has grown louder. Mediawan has moved for Peter Chernin’s North Road. David Ellison’s Paramount has agreed to a $110 billion takeover of Warner Bros, with plans to combine HBO Max and Paramount plus. ITV has explored selling its media and entertainment arm to Comcast-owned Sky, though talks have reportedly slowed.
