GECs
Zee announces subsidiaries’ amalgamation at EGM
MUMBAI: Zee Telefilms has officially amalgamated its four subsidiaries with the company.
At a court convened general meeting on 25 October, the earlier decision to merge Programme Asia Trading Company Ltd, Kaveri Entertainment LTD, Dakshin Media LTD and El Zee Television LTD was given the final stamp of approval. Members also approved the proposed dividend at the rate of 55 per cent per equity share, appointment/reappointment of directors, reappointment of auditors and payment of remuneration to whole time directors.
The amalgamation is expected to simplify the complex structure and eliminate inefficiencies due to changes in the regulatory and tax framework.
Programme Asia Trading Company, El Zee television and Dakshin Media, had collectively reported losses to the tune of Rs 44.2 million on a gross income of RS 140 million during 2000-01. Kaveri Entertainment had ventured into Kannada television media during the same fiscal by acquiring the assets of Chennai based Asianet Media for RS 120.1 million.
The board of directors is expected to meet tomorrow to take on record the financial results for the quarter and half year ended 30 September 2002.
GECs
Samsung TV Plus launches Kings of Comedy channel
New free FAST channel brings iconic Hindi comedy shows to millions of Samsung Smart TV owners.
MUMBAI: Samsung TV Plus has just turned up the laughter volume and it’s completely free. The leading free ad-supported streaming television (FAST) service in India has launched Kings of Comedy, a premium comedy channel featuring some of the country’s most beloved primetime shows. Available exclusively on Samsung TV Plus, the channel delivers back-to-back hits including Comedy Nights with Kapil, Khatra Khatra Khatra, and Comedy Nights Bachao, with no login or subscription required.
The launch marks a milestone for free streaming in India, offering audiences a dedicated comedy destination directly from their Samsung TV home screen. It arrives as Samsung TV Plus India celebrates its 5th anniversary, during which the service has grown its monthly active users by 42 per cent and more than doubled its total viewing hours. The platform now offers over 180 free channels across 14 languages.
Samsung TV Plus India general manager and head of business development Kunal Mehta said, “Comedy is the heartbeat of Hindi entertainment, and Kings of Comedy brings together the shows Indians already love, completely free on their Samsung TV. Our focus remains the same take the content people know and make it effortless to access.”
Globally, Samsung TV Plus has surpassed 100 million monthly active users across more than 4,500 channels, solidifying its position as one of the world’s leading free streaming services.
Kings of Comedy is now available on all compatible Samsung Smart TVs. For viewers seeking non-stop laughter without any cost, this new channel delivers a royal treat proving that sometimes the best entertainment really does come with no strings (or subscriptions) attached.
