GECs
ZEEL seeks shareholder nod for Amit Goenka as Asia Today CEO
BENGALURU: Zee Entertainment Enterprises Limited’s (ZEEL) has sought shareholder approval for appointing Subhash Chandra’s son Amit Goenka as chief executive officer of international broadcasting business and as a director of Asia Today Limited, Mauritius.
Goenka’s term will be for a period of three years with effect from 1 March, 2016. The shareholder approval has been sought through postal ballot/e-voting.
ZEEL’s international broadcasting business constituted about 17.4 per cent of the company’s consolidated revenue. It comprises content creation, broadcasting and distribution of 37 television channels in overseas territories including five sports channels, which are managed by direct and in-direct overseas subsidiaries of the company. The company said that in order to facilitate clear strategic alignment for accelerating decision making and more focused growth of International Broadcasting Business, the Board had approved consolidation of general entertainment broadcasting channels in various international territories under Asia Today Limited, Mauritius (erstwhile Zee Multimedia (Maurice) Limited) a step-down wholly owned overseas subsidiary of the company.
As was previously reported by Indiantelevision.com, in a bid to provide focused attention on the operations of these channels, the company’s board had, in October 2015, approved in-principle the appointment of Goenka as CEO of International Broadcasting Business and as a director of Asia Today Limited, Mauritius.
According to ZEEL, Goenka will be eligible for annual salary of $540,000 (equivalent to Rs 3.5 crore), with the authority to the board of Asia Today Limited to determine any merit based increase in the salary from time to time as applicable to other executives of the company, provided that the annual salary payable to Goenka during the tenure shall not exceed $700,000.
Voting period will commence on and from 26 January, 2016, at 10 am and end on 24 February, 2016 at 6 pm.
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.
