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Cobweb to premiere exclusively on Lionsgate Play on 27 October

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Mumbai: Secrets from the past are back to haunt! What starts off as just some regular nightmares for Peter, unravels into a web of lies and secrets that pushes him into a corner, questioning his trust in his own parents. Lionsgate Play’s Cobweb is an intense horror film with heart-stopping jump scares and a storyline that is bound to shock you to your very core. Starring the iconic Antony Starr and Lizzy Caplan, Cobweb is set to release on 27 October exclusively on Lionsgate Play.

Talking about reading Cobweb’s script, fan-favorite Antony Starr said, “At a certain point I turned the page and went ‘Wait What?’ And it was the ‘pump the brakes, record scratch’ moment when I realized Oh My God, everything that I thought was something else and so you know I got really excited about it, and like a rule of thumb for me is, if I’m reading a script, do I read the script and find holes and go Well that doesn’t make sense or do I read a script and go oh, wow, like like, I have ideas around what’s already there. And this is one of those cases so it’s been amazing.”

Directed by Samuel Bodin, Cobweb releases exclusively on Lionsgate Play this 27 October.

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iWorld

Tips Music CEO Hari Nair to step down

Girish Taurani and Sushant Dalmia to jointly steer the company as the hunt for a new chief begins

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MUMBAI: A leadership shuffle is under way at Tips Music. Hari Nair, the company’s chief executive, will step down on April 30 as the music label begins the search for a successor.

The company said Girish Taurani, executive director, and Sushant Dalmia, chief financial officer, will jointly oversee operations during the transition while the board identifies a permanent replacement.

Nair joined Tips Music in 2023 and set about reshaping the veteran music label into a more digital, data-led enterprise. During his tenure, the company secured licensing and partnership deals with global platforms including Sony Music Publishing and TikTok, while renewing agreements with Warner Music Group.

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Drawing on earlier experience in technology and entertainment, including a stint at ByteDance, Nair pushed the organisation towards a performance-driven culture. He built a brand partnerships division and introduced proprietary software systems aimed at strengthening digital distribution and data capabilities.

Kumar Taurani, chairman and managing director, credited Nair with embedding a data-led culture within the company and driving revenue growth in line with shareholder commitments.

In his resignation note, Nair said that after helping transition the label into a modern, digitally focused and process-driven organisation, the time had come to pursue his next leadership challenge.

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The leadership change comes as the broader Tips Films group shows signs of financial stabilisation. In the third quarter of FY26 the company reported a net loss of Rs 2.86 crore, narrowing sharply from Rs 14.2 crore in the previous quarter. For the nine months ended December, losses stood at Rs 12.37 crore.

Yet revenue told a more volatile story. Income from operations slid to Rs 4 crore in Q3 FY26 from Rs 56 crore in the preceding quarter, taking total operating income to Rs 4.56 crore.

For a company built on a catalogue of more than 34,000 tracks and decades of Bollywood hits, the next chief will inherit both a digital engine and a volatile music market. The playlist may be familiar, but the next act at Tips Music is only just beginning.

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