iWorld
Sri Lanka Telecom partners with Hungama Digital, to launch OTT platform
MUMBAI: Sri Lanka Telecom (SLT) and its local partner Evoke International (Pvt) Limited has partnered with Hungama Digital Media Entertainment (Pvt) Limited. This partnership will provide SLT broadband customers with high quality video streaming, music downloads and gaming facilities, bringing a cinema experience like never before right into the home in Sri Lanka.
SLT broadband customers will be able to register for Hungama services by visiting www.sltfilmhall.lk. Upon registration, customers can download and view unlimited movie streaming, music streaming as well as gaming for a monthly subscription fee.
Hungama Digital Siddharth Roy said, “We are thrilled about this partnership with SLT the front runner of telecommunications and Evoke the market leader of the local content distribution in digital platforms. We are expecting to launch new entertainment products in Sri Lanka in the near future.”
The company will launch the first of its kind a streaming service via Sri Lanka’s OTT (Over-The-Top) platform to make entertainment options available online to Sri Lankans. Through this agreement, the customers in Sri Lanka can access a vast collection of new Hollywood, Bollywood, Tamil, Telugu and Sinhala movies, songs as well as video games at attractive prices. The value for the services accessed can be paid along with the customer’s telephone bill at the end of the month.
Commenting on this latest partnership, SLT group CEO Dileepa Wijesundera said, “Our customers are already experiencing world class personalized television entertainment through our PEO TV service. Through this important partnership with Hungama, we wish to add more value to our customers and provide them with high quality, world class entertainment content at their fingertips. We are certain that this will totally redefine their entertainment experience.”
The contract with Evoke International for content delivery will ensure that customers are provided access to a large database of the latest releases in songs as well as just premiered foreign and local movies with the highest quality ever experienced for video streaming and music downloading.
SLT Broadband customers will be offered online entertainment options with a subscription fee. The services will be expanded to Mobitel’s mobile customers and PEO TV customers by adding the feature to the PEO Set Top Box (STB) and thereafter, to all other internet users in Sri Lanka phase by phase.
Evoke International CEO Lahiru Wickramasinghe said, “We are excited to partner with Hungama India to provide this service to SLT, the ICT leader in Sri Lanka, as it will enable us to touch the lives of the people in Sri Lanka by providing Entertainment from across the globe to their fingertips.”
SLT also intends to allow its OTT entertainment service subscribers to access content on mobile devices through a mobile app.
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.
