With overhaul of programming for a second Kannada GEC Colors Super and acquisition of Kaun Banega Crorepati's Bangla version, the entertainment network hopes to continue growing in regional markets
With its entry in the Tamil GEC market, the Viacom18 network is now present in six language markets
At present, 80% of their revenues come from television, 12% from films and the rest from new businesses
Media and entertainment network Viacom18 announced an organisational rejig with the aim to maximise synergies across the multiplatform network that houses brands like Colors, MTV and VOOT. The new positions and responsibilities are effective immediately. Led by the elevation of Raj Nayak to chief operating officer, Viacom18, the restructuring exercise is aimed at making the organisation future ready as it enters its next growth phase. With this move Viacom18 has consolidated its national brands aimed at youth and adult audiences viz. Hindi, Youth, Music and English Entertainment offerings under Nayak.Sudhanshu Vats, Group CEO, Viacom18 said, "Raj is one of those rare leaders in our industry who possess a sharp business acumen coupled with a nuanced understanding of what makes brands iconic. I am confident that he will be able to take this portfolio of brands to even greater heights as he leverages deeper synergies in his new role."Ferzad Palia, Head - Youth, Music & English ...
The third South Indian GEC from the broadcaster will be launched in the fourth quarter of 2017
Having seen 20% revenue growth in 2016, their kids' cluster sharpens focus on home-grown characters
Lionsgate official said that the Indian market is a territory with tremendous box office potential
The channel, named MTV Beats, will focus on Bollywood and replace MTV Indies
Colors Kannada has been enjoying the number one slot for the past 62 weeks among Kannada GECs
The joint-venture media company has built a profitable films business in the last five years, and plans to step up its presence in regional cinema