iWorld
RIL close to buying majority stakes in DEN, Hathway
MUMBAI: Reliance Industries is expected to buy controlling stakes in two of India’s largest cable TV and broadband service providers, DEN Networks and Hathway Cable & Datacom, according to a report by the Times of India (TOI). The plan mostly is to increase the reach in particular regions of the country for its Gigafiber, Fiber-to-the-Home (FTTH) service.
In May 2017, Reliance Jio had begun rolling out beta trials of the FTTH service at select locations in six cities- Mumbai, Delhi-NCR, Ahmedabad, Jamnagar, Surat and Vadodara.
RIL is likely to own more than 25 per cent each in the two companies which will enable it to control developments and get a seat on the board. The deal is expected to be announced in the next few days. Both companies have told the stock exchanges that the respective boards are meeting on 17 October to discuss and approve a proposal for raising funds.
“RIL wants to create a platform which will accelerate home broadband penetration in India, which is currently in a low single-digit. The aim is to push home broadband penetration to around 60 per cent in the coming years,” TOI quoted a source.
Last September, RIL was in advanced talks to acquire DEN but could not reach an agreement. Some months ago, it began talks with Hathway as well.
Industry experts told TOI that a stake in Hathway and DEN will be a major boost to Jio. Both operators have 7.2 million digital cable subscribers each, with operations across 350 and 200 cities, respectively.
iWorld
Epic Company launches unified Epic Studio for films and OTT
Vivek Krishnani to head films business; Samar Khan leads OTT & Television.
MUMBAI: Epic just merged its creative superheroes under one cape because when films and OTT need to fight for attention together, you don’t keep them in separate universes. The Epic Company has launched Epic Studio, a next-generation creative and production powerhouse that unites Juggernaut Productions and Movieverse Studio under a single banner. The move creates a streamlined, scalable platform for premium storytelling across theatrical films, OTT originals, television, digital-first formats and branded content.
Vivek Krishnani has been appointed chief executive officer, Epic Studio (Films), overseeing the theatrical and film business with a focus on culturally resonant narratives across Hindi, Telugu, Tamil, Gujarati and Malayalam cinema. Samar Khan continues as chief executive officer, Epic Studio (OTT & Television) and retains his role as chief content officer for Docubay and Epic On.
The Epic Company managing director Aditya Pittie said, “Epic Studio brings together our entire creative ecosystem under one unified studio vision. This is not just an integration of verticals, but the creation of a collaborative environment where writers, filmmakers, creators, and brand partners can seamlessly develop and scale stories across formats and screens.”
Vivek Krishnani added, “We are building an audience-focused mainstream film studio committed to delivering fresh, engaging, and innovative stories for both theatrical and streaming platforms.”
Samar Khan commented, “This alignment allows us to approach storytelling with a unified studio mindset. We are building IP under one creative umbrella, with scale and longevity in mind from inception.”
The unified structure eliminates silos, enabling ideas to flow fluidly from concept to screen while adapting to evolving audience behaviour. Epic Studio positions itself as a creator-led ecosystem championing purposeful, resonant storytelling with commercial strength.
In an entertainment landscape where stories now leap between screens faster than plot twists, Epic isn’t just building a studio, it’s crafting a single launchpad where every tale gets the best shot at soaring across every platform.
