GECs
ETC clears issue of fresh equity to Zee
ETC Networks approved the issue of fresh equity to Zee Telefilms on preferential basis at an extraordinary general meeting held on Tuesday.
The members of ETC Networks have approved issues of upto 22,20,812 equity shares of Rs. 10 each at a premium of Rs. 21.52 per share, aggregating Rs. 6,99,99,994/- to Zee Telefims Ltd. on preferential allotment basis. The Zee board has already approved the investment in equity of ETC. Instead of being a stand-alone broadcaster, ETC Networks will now be part of the strong Zee-Turner bouquet. It will also benefit from financial and business resources of Zee and access to overseas markets, the company claims.
ETC chairperson Mr. Jagjit Singh Kohli said that consolidation of channel interests and co-operation would allow his company to have tremendous opportunities to build on synergies. The Company from being a standalone broadcaster would be a part of a strong Zee Turner bouquet, as a result of which, there would be improved content offerings, that will drive viewership and subscriber fees, he said.
As an immediate benefit of this tie-up, ETC channels will have access to a large pool of resources of Zee in India and abroad. It will also include content, copyrights of films and songs, marketing and sales network internationally. ETC will be able to augment its revenue streams by content syndication and subscriptions from overseas markets especially for its most prestigious and valuable property Gurbani, says the company.
GECs
Samsung TV Plus launches Kings of Comedy channel
New free FAST channel brings iconic Hindi comedy shows to millions of Samsung Smart TV owners.
MUMBAI: Samsung TV Plus has just turned up the laughter volume and it’s completely free. The leading free ad-supported streaming television (FAST) service in India has launched Kings of Comedy, a premium comedy channel featuring some of the country’s most beloved primetime shows. Available exclusively on Samsung TV Plus, the channel delivers back-to-back hits including Comedy Nights with Kapil, Khatra Khatra Khatra, and Comedy Nights Bachao, with no login or subscription required.
The launch marks a milestone for free streaming in India, offering audiences a dedicated comedy destination directly from their Samsung TV home screen. It arrives as Samsung TV Plus India celebrates its 5th anniversary, during which the service has grown its monthly active users by 42 per cent and more than doubled its total viewing hours. The platform now offers over 180 free channels across 14 languages.
Samsung TV Plus India general manager and head of business development Kunal Mehta said, “Comedy is the heartbeat of Hindi entertainment, and Kings of Comedy brings together the shows Indians already love, completely free on their Samsung TV. Our focus remains the same take the content people know and make it effortless to access.”
Globally, Samsung TV Plus has surpassed 100 million monthly active users across more than 4,500 channels, solidifying its position as one of the world’s leading free streaming services.
Kings of Comedy is now available on all compatible Samsung Smart TVs. For viewers seeking non-stop laughter without any cost, this new channel delivers a royal treat proving that sometimes the best entertainment really does come with no strings (or subscriptions) attached.
