GECs
ZEEL gets NCLT approval for restructuring acquired Anil Ambani GEC business
MUMBAI: The Essel Group owned Zee Entertainment Enterprises Ltd (Zeel) is moving ahead on getting legal approvals for the restructuring of the Anil Ambani-promoted Reliance general entertainment television broadcasting business.
Yesterday, it got the thumbs up from the Mumbai bench of the National Company Law Tribunal (NCLT) for its arrangement to demerge the general entertainment broadcast business Reliance Big Broadcasting (RBB) Pvt Ltd, Big Magic Ltd (BML) and Azalia Broadcast Pvt Ltd.
These companies had come its way when it announced its deal to acquire 100 per cent of Reliance Broadcast Network Ltd’s (RBNL’s) TV business while sister company Zee Media Corp swallowed 49 per cent of its radio business for approximately Rs 1,900 crore in late November 2016. The
At the time of the acquisition, RBBL, BML and Azalia had top lines of Rs 61.17 crore, Rs 58.95 crore and Rs 0.06 crore respectively for the year ended 31 March 2016. While the first had five TV channel licences (two were operational –Big Magic and Big Ganga, three non-operational Big Gaurav, Big Magic Punjab and Big Magic HD), the second looked after the ad sales and distribution of the channels, and the third had one TV licence for Big Magic Thrill.
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.
