iWorld
Sesame Street’s new global playground: Netflix
MUMBAI: Netflix has tossed a lifeline to Sesame Street, bringing the beloved children’s show to its 300 million subscribers while keeping it on PBS in the US. The 56-year-old kids’ favourite will now stream new episodes on both Netflix and PBS on the same day, a rescue move after HBO dropped its funding.
The deal is a double delight for Sesame Street fans—new episodes will be available worldwide on Netflix, while PBS viewers in the US will continue to get free access. But behind the cheerful puppets, it’s a story of survival.
Sesame Workshop, the non-profit behind the iconic show, has been struggling financially after losing its lucrative HBO deal, which paid $30 million to $35 million a year. Warner Bros. Discovery, HBO’s parent, decided to drop the series as it shifts away from children’s content.
To cope with the financial blow, Sesame Workshop laid off 20 per cent of its staff this year and warned that the Netflix deal will bring in significantly less revenue. But it’s not all doom and gloom. With Netflix’s global reach and PBS’s trusted brand, Sesame Street is now set to reach more kids than ever.
In Season 56, the show will focus on character-driven stories, with each episode featuring an 11-minute tale packed with humour and heart. Classic characters like Elmo, Big Bird, and Cookie Monster will return, along with a peek inside the iconic 123 Sesame Street building.
“This unique public-private partnership allows us to continue our mission of educating kids, now with Netflix’s global reach and PBS’s community trust,” said Sesame Workshop CEO Sherrie Rollins Westin.
Sesame Street’s Netflix run will also include 90 hours of classic episodes, bringing the joy of learning to a new generation.
For kids and parents, the message is clear: the street is still where the fun and learning meet.
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.
