GECs
Zee Telefilms likely to call off deal to buy Venus
MUMBAI: Zee Telefilms Ltd (ZTL) is likely to call off its deal to acquire 60 per cent stake in Venus Films Pvt Ltd and Venus Records & Tapes Pvt Ltd.
“Zee won’t go ahead with the acquisition of Venus,” an industry source tells Indiantelevision.com. ZTL had announced in March that it would buy controlling stake in Venus, subject to due diligence and final approval from the board.
Zee Network senior vice president Ashish Kaul, however, did not confirm that the deal had fallen through. “A due diligence has been conducted and it will be presented at the ZTL board meeting. A decision will be taken after that,” he says.
When contacted, Venus promoter Ganesh Jain refused to comment on the issue. The Zee board is meeting on 24 July to consider and approve, among other things, the financial results of the company for the first quarter.
Zee already has secured telecast rights to most of the Hindi movies produced by Venus including Garam Masala, Akele Hum Akele Tum, Josh, Kyunki and Baazigar. “The failure of the deal won’t have much impact on Zee as the company has the rights to most of the successful movies of Venus. Some rights to movies like Hulchul are, though, with Star India. What would have been of interest is the joint film production activities,” the source adds.
The deal would also have given Zee access to Venus’ music titles. While Venus Films has negative rights of 30 blockbuster films, Venus Records & Tapes has a repertoire of 2500 titles. Venus also has post-production facilities.
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.
