Cable TV
Fox Interactive Media makes key management appointments
MUMBAI: Internet pioneers Mark Jung and Jim Heckman will take on key leadership roles for Fox Interactive Media (FIM). This announcment was made by FIM president Ross Levinsohn.
IGN CEO Jung will become COO for FIM, while Scout.com founder and CEO Heckman will become chief strategy officer.
IGN, the primary online destination for young male gaming and entertainment enthusiasts and Scout.com, a leading online sports network, were purchased last year by News Corporation and today operate under the Fox Interactive Media banner.
Jung and Heckman will relinquish their operational roles at IGN and Scout respectively and will turn their attentions to building Fox Interactive Media.
“Mark and Jim are true visionaries in the Internet space, each having built and run extremely successful companies from the ground up. They are both savvy managers and possess the kind of entrepreneurial spirit that has always been the heart of our company,” said Levinsohn.
“Fox has amassed some of the most exciting sites on the web. I am looking forward to working closely with Ross, Jim and the rest of the team on integration and creating a truly unique Internet offering,” said Jung.
“When you consider the power of Foxs worldwide brand coupled with its already massive on-line reach, the possibilities for strategic growth are boundless. Its a very exciting time for FIM, and Im thrilled with the opportunity to play a role in its development,” said Heckman.
Jung will oversee the day to day operations for the burgeoning online network of sites, including sales, technology and product and content development. The network now has 70 million monthly users and 24 billion page views. Monetizing those sites will be at the forefront of his focus, along with integrating existing and future online properties.
Heckman, who founded and built three separate online networks over the last 10 years, will focus on overall strategic planning, growth opportunities and corporate development.
Fox Interactive Media manages the internet assets from all News Corp. divisions, including the highly trafficked foxsports.com; Americanidol.com and fox.com. With the 2005 acquisitions of Intermix Media, parent company of MySpace.com; Scout Media and IGN Entertainment, News Corporation has quickly ascended to the top echelon of internet properties.
Cable TV
Hathway Cable appoints Gurjeev Singh Kapoor as CEO
Leadership change comes as cable TV faces shrinking subscriber base and modest earnings pressure
MUMBAI: Hathway Cable and Datacom has tapped industry veteran Gurjeev Singh Kapoor as chief executive officer, marking a leadership pivot at a time when India’s cable television business is under mounting strain.
Kapoor will take over from Tavinderjit Singh Panesar, who is set to retire in August after a long innings with the company. Panesar, chief executive since 2023, has held multiple leadership roles at Hathway, including his latest stint beginning in 2022.
Kapoor brings more than three decades of experience in media and entertainment. He most recently led distribution at The Walt Disney Company’s Star India business, now part of JioStar. His career spans television distribution and affiliate partnerships, with stints at Sony Pictures Networks India, Discovery Communications and Zee Entertainment.
Panesar, with over three decades in the industry, has worked across strategic planning, distribution and business development in media, broadcasting and manufacturing. His past associations include ESPN Star Sports, Star India, Apollo Tyres and JK Industries.
The transition lands as the cable sector grapples with structural disruption. Traditional operators are losing ground to streaming platforms, while telecom and broadband players tighten the squeeze with bundled offerings.
An EY report estimates India’s pay-TV base could shrink by a further 30 to 40 million households by 2030, taking the total down to 71 to 81 million. The slide follows a loss of nearly 40 million homes between 2018 and 2024, a contraction that has already wiped out more than 37,000 jobs in the local cable operator ecosystem.
Hathway’s numbers reflect the strain. The company reported a consolidated net profit of Rs 93 crore for FY25, down from Rs 99 crore a year earlier. Revenue inched up to Rs 2,040 crore from Rs 1,981 crore. As of December 2025, it had about 4.7 million cable TV subscribers and roughly 1.02 million broadband users.
Kapoor steps in with a familiar brief but a shrinking playbook. In a market where viewers are cutting cords faster than companies can reinvent them, the new chief executive inherits a business fighting to stay plugged in.
