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Zee TV recasts sports rights acquisition arm, drops ideas for sports channel
It’s a strategic retreat. Pummelled by the investment community for its wild expansion (its Re 1 face value share has plummetted from Rs 1600 to below Rs 300 in just nine to 10 months), Zee Telefilms Ltd yesterday announced that it was spinning off its sports content provider subsidiary, Buddha Films, into a separate company.
At the same time it closed the doors for the near term on plans to launch its long-talked about sports channel, Zee Sport. The decisions form part of the company’s plans to restructure operations in line with AT Kearney’s recommendations.
Satish Menon, head of Buddha Films, said sports content will be acquired by Buddha Films and the carriage will be provided by a Zee channel till the separate sports channel is ready for launch.
Asked whether there was any target time frame for the launch he replied in the negative. “When we feel we have all the ingredients in place to make it a success we will go ahead,” he said.
Menon said his focus would be on promoting soccer in a big way. “There is a massive scope for developing soccer-centric programming but it has to be tapped,” he said. Agreements have already been reached with football federations in Goa and West Bengal and talks were on with the Kerala authorities too, he added.
Discussions were also in progress with All India Football Federation chief Priya Ranjan Dasmunshi for an agreement at the national level. Buddha Films will follow a multi-pronged approach which will go beyond just telecast rights. It will help soccer federations and associations create brands out of their properties besides acquiring club grounds, reports the Business Standard.
Menon said Buddha Films was looking at a three year development schedule. This was an effort which was long-term in its perspective, he stressed.
On the cricket front, Menon said talks WSG Nimbus Pvt Ltd of Singapore for three-year exclusive broadcast rights for international cricket played in Sri Lanka had fallen through. Nimbus’ asking price of $25 million for a three-year deal was much too high, Menon said.
Whether Indian couch potatoes, for whom cricket seems to be perfectly suited, will be able to digest soccer only time will tell. Menon certainly is confident he’s on the ball in the matter.
NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.
The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.
Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.
The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.
Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.
Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.
The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.
Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.
Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.
The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.
Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.
