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‘Sound of Music’ commemorates 40 years; DVD launched
MUMBAI: Sound of Music, is commemorating the completion of 40 years. The Event is been celebrated in India with the launch of an exclusive 40th anniversary edition DVD.
The DVD released by Excel Home Videos (Indian licensee for Twentieth Century Fox) will feature a contest in association with Austrian National Tourist Office and Austrian Airlines for a four day trip to Salzburg, Austria the location where the classic was filmed, asserts an official release.
The contest is open till the 31 December.The DVD will also feature a 40th anniversary reunion of the cast and crew, remembrance by Julie Andrews and host of other collector’s material.
Austrian National Tourist Office director Christine Mukharji said, “The movie has a wide following in India, like many parts of the world. We are extremely pleased to host fans from India as a part of the 40th year celebrations of the classic.”
Excel Home Videos managing director M.N Kapasi added, “The movie with its memorable music has struck a chord with generations of movie buffs across continents and age groups to be synonymous with the term classic. The wide following it enjoys in India, with its script in line with Indian sensibilities, is well established by the consistent demand for its DVD over the years. This 40th anniversary edition will commemorate the special bonding the movie shares with millions of its fans.”
Austrian Airlines country manager Bernhard Baeck said, “The event is a fitting tribute to the movie that has inspired and connected with generations of movie lovers across the world.”
According to International websites like (Boxofficemojo, Amazon), the film ranks third in both all-time number of tickets sold behind Gone with the Wind and Star Wars this along with its success around the world in sales of tickets, video cassettes, laserdiscs, DVDs and its frequent airings on television, it is called the most widely seen movie produced by a Hollywood studio, adds the release.
DTH
SITI Networks reports Rs 435.69 million loss amid insolvency process
Mounting losses and legal challenges continue to weigh on operations
MUMBAI: SITI Networks Limited, currently undergoing a Corporate Insolvency Resolution Process (CIRP), has reported its un-audited financial results for the quarter and half-year ended 30 September 2025. The company’s financial position remains under significant pressure, with ongoing losses and uncertainty around its ability to continue as a going concern.
The company reported a consolidated net loss of Rs 435.69 million for the September 2025 quarter, taking its accumulated losses to Rs 29,388.36 million. Its net worth stands at a negative Rs 12,445.09 million, while current liabilities exceed assets by Rs 16,861.18 million, raising serious concerns about financial sustainability.
For the half-year period, consolidated revenue from operations declined to Rs 5,667.78 million from Rs 6,108.28 million in the corresponding period last year. Total current liabilities rose to Rs 24,796.07 million, driven largely by trade payables of Rs 11,030.22 million and borrowings of Rs 7,573.85 million.
The Resolution Professional has admitted financial creditor claims of Rs 11,292.66 million, along with operational and employee claims amounting to Rs 7,066.86 million. Meanwhile, statutory auditors have issued a “Disclaimer of Opinion,” citing lack of access to key information, including minutes of Committee of Creditors (CoC) meetings due to confidentiality constraints.
A dispute also continues over Rs 1,230 million appropriated by lenders from the company’s bank accounts during a “stay period.” The National Company Law Appellate Tribunal (NCLAT) has directed that this amount be held in a separate interest-bearing account until the matter is resolved.
Operationally, pay channel costs for the half-year stood at Rs 3,754.03 million. The company noted that if these costs were reported on a net basis, both revenue and expenses would appear lower, though there would be no impact on the net loss.
Additionally, Siti Jind Digital Media Communications ceased to be a subsidiary in October 2025 following approval of a resolution plan. SITI Networks’ future now depends on the successful implementation of its own resolution plan as it continues through the insolvency process.
