iWorld
Rahul Sarangi quits MX Player to join Disney+Hotstar
KOLKATA: Senior media professional Rahul Sarangi has joined Disney+Hotstar as vice president- head of short form & new content initiatives.
Last year, when streaming service MX Player branched out into short-format video through MX TakaTak , it had appointed Sarangi as MX Player new business vice president and head.
Sarangi was earlier with TVF, one of the pioneers in the online content ecosystem of India, as global head-content and business.
He is an Emmy nominated content creator with nearly two decades of experience across digital and linear content as well as production & content operations (short and long formats across scripted, unscripted & live Sports), with a comprehensive understanding of media business across geographies. He is also an active angel investor.
In the early days of his career, Sarangi worked with MTV Asia as the senior supervising producer. He worked in India and Singapore in the content team and was also part of the MTV’s regional brand solutions team. Later, he was also a part of the launch team of Colors.
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
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.
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.
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.
