Movie Channels
RIL completes 5% acquisition in Eros International
MUMBAI: Reliance Industrial Limited (RIL) continues expanding its footprint in media and entertainment industry as the acquisition of a 5% stake in Eros International Plc (Eros) has been completed following customary approval processes. The Mukesh Ambani led Reliance and Eros International announced the multifaceted agreement on 20 February.
“Reliance has acquired 3,111,088 newly issued A ordinary shares from Eros which represents 5.0 per cent of Eros’ current issued and outstanding ordinary share capital on a pro forma basis. The purchase price was $15.00 per share, which represents a total cash consideration of $46.6 million,” Eros International said in a release.
Goldman Sachs & Co. LLC was the exclusive financial advisor to Eros International in this transaction.
According to earlier statements the purchase price was USD 15 per share while the transaction was subject to regulatory and other approvals. Following the announcement, former Eros CEO and MD Jyoti Deshpande became the president of the chairman’s office for the media and entertainment business at RIL.
After the accomplished deal Reliance will become more powerful in media industry on the back of Eros’s Hindi and regional movie slate as well as Eros Now can emerge as a new threat to international OTT players like Netflix, Amazon in the ongoing content battle.
Movie Channels
Zee5 launches five free FAST channels on Samsung TV Plus India
New genre-led channels bring comedy, drama, horror, classics and South films to Smart TVs.
MUMBAI: Zee5 just turned Samsung Smart TVs into a free entertainment buffet because when premium content costs nothing, even the remote control starts smiling. Zee5 has launched five curated free ad-supported streaming TV (FAST) channels on Samsung TV Plus India, making high-quality, genre-specific entertainment available subscription-free to millions of Samsung Smart TV owners across the country.
The five channels now live are:
Zee Comedy Nation – Popular comedy shows and movies
Zee Dil Se – Compelling drama series
ZEE Horror Nights – Horror and supernatural content
ZEE Cine Classic – Timeless Indian films
ZEE South Flix – High-energy South Indian films dubbed in Hindi
All content is drawn from Zee5’s extensive library and programmed in a lean-back, always-on format ideal for large-screen viewing. This launch strengthens Zee5’s Connected TV strategy at a time when 64 per cent of its premium content watch time already comes from connected devices.
Zee5 chief business officer Siju Prabhakaran said, “At Zee5, we believe accessibility and scale will define the next phase of digital entertainment growth in India. Our presence on Samsung TV Plus strengthens our Connected TV strategy, enabling viewers to discover curated, genre-led content in a seamless, free, and premium environment.”
Samsung TV Plus India head of partnerships Kunal Mehta added, “Local partnerships are at the heart of how we grow Samsung TV Plus in India. Zee Entertainment is one of India’s most iconic media brands, and bringing their channels to our service means millions more Samsung Smart TV owners can enjoy premium local content, subscription-free.”
The channels are available directly through the pre-installed Samsung TV Plus app with no login or subscription required. This marks another milestone in Zee5’s CTV expansion and builds on its growing international presence, with Zee channels already available on Samsung TV Plus across Southeast Asia, Australia and New Zealand.
In a streaming world where paywalls often block the fun, Zee5 and Samsung have quietly opened the gates, proving that sometimes the best things in life (and on your TV) really are free especially when they come with a side of comedy, drama, horror, classics and South Indian blockbuster energy.
