iWorld
Shemaroo’s Filmigaane crosses 10 mn subscriber mark
MUMBAI: Shemaroo Entertainment’s YouTube channel dedicated to retro music Filmigaane has crossed the 10 million subscriber mark. The content powerhouse has strengthened its digital presence with more than 50 YouTube channels.
Filmigaane is the one-stop destination for classic bollywood melody lovers. The audience base is spread around multiple geographies like India, the US, UAE, Canada, Australia and more and reaches 384 million digital consumers per month.
“We started Filmigaane with an aim to reach out to audiences who love retro music. This is such a momentous occasion and calls for a big shout out to all our fans across the world who have helped us achieve the remarkable milestone of 10 million subscribers. We are truly humbled and overwhelmed by their support and love. It is their belief in us that will help us continuously strive for new and innovative content. Digital has been an exemplary medium for us to reach out to the fans of retro music and connect with them,” Shemaroo Entertainment CEO Hiren Gada said.
Starting in 2018, the channel has been offering a mix of content ranging from the golden era of 1950s to the still recent popular numbers from the 1990s over the last four years. Filmigaane succeeded in bringing the trends of evergreen songs back, leading to a humungous growth in subscribers.
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Shemaroo appoints Hiren Gada as CEO in leadership rejig
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.
