Entertainment

Disney’s ‘Beauty And The Beast’ IMAX Deal

Disney’s ‘Beauty And The Beast’ IMAX Deal Chicken Little, the Walt Disney Co.'s first digital 2005 3D movie, will soon have company when it is joined by a 3D version of 'Beauty and the Beast', including Disney's deal with IMAX Corp. to make 3D films.

UTV Cuts Cost by Reviewing Broadcasting Investment Plans

UTV Cuts Cost by Reviewing Broadcasting Investment PlansOwing to rising costs and slow down of advertising revenues, UTV Software Communications has announced cut in costs in its broadcasting operations. The company has consolidated its operations for four television channels - UTV Movies, World Movies, Bindass and Bindass Movies - by phasing out its Delhi operations. 

UTV ran two channels from Delhi and the other two from Mumbai.

FWICE ready to consider the proposal of marginal hike

FWICE ready to consider the proposal of marginal hikeWith the Federation of Western India Cine Employees (FWICE) strike - in effect from November 9 in Mumbai - the shooting and editing work of about 60 shows and serials of a dozen entertainment channels has come to a standstill, forcing the broadcasters to re-run old shows.

An additional demand of Rs 12.3 lakh per shift to the 35,000 workers of the Mumbai-based television industry has put the weekly advertising revenue of Rs 35-40 crore generated by the general entertainment channels under pressure.

UTV reviews investment plans, cuts costs on broadcasting

UTV reviews investment plans, cuts costs on broadcastingIn "a very sharp review" of its investment plans over the last 60 days, UTV Software Communications Ltd has taken steps to cut costs in its broadcasting division.

The company said in a statement on Monday that by phasing out its Delhi operations, it has consolidated its operations for four television channels - Bindass, Bindass Movies, UTV Movies and World Movies - from the Mumbai office only.

Star and Jupiter announce JV focusing on South Indian audience

Building up the first serious challenge to Sun TV's dominance in the southern cable television market, News Corp's Star India Pvt. Ltd and Bangalore-based entrepreneur Rajeev Chandrasekhar announced a joint venture (JV) on Friday, for enhancing viewing experience of audience in South India.

Though the terms of the deal were not disclosed, Star will hold a majority stake in the JV - named 'Star Jupiter Entertainment Television Ltd' - which will also pick up a majority stake in Chandrasekhar's Asianet Communications Ltd which currently broadcasts general entertainment channels (GECs) in Kannada, Telugu and Malayalam. Star's existing channel in Tamil Nadu - Vijay TV - will now be part of the new JV.

‘Dasvidaniya’ - a film that “celebrates death”

‘Dasvidaniya’ - a film that “celebrates death”A small budget film, 'Dasvidaniya' - Russian for goodbye - has debutant director Shashant Shah, and co-producer Guneet Monga joining the bandwagon of mainstream commercial, though not conventional, cinema.

The Friday release, starringVinay Pathak, Rajat Kapoor, Saurabh Shukla, Ranvir Shorey and Neha Dhupia, 'Dasvidaniya' is a bittersweet story about a man who refused to die before he had learnt to live.

Increased costs force GECs to blackout fresh programming

Star India CEO Uday ShankarDisplaying their solidarity, Hindi general entertainment channels (GECs) have announced a blackout of fresh programming, due to their inability to cope up with the increased costs.

The viewers will have to watch re-runs of their favorite soaps and shows on television as, facing the first day of 'zero fresh content' on their channels, broadcasters have sent strong signals to the TV content producers and workers that they would not absorb any rate hike at a time when the global economy is on a tailspin.

MySpace MP3 Player Plausible, CEO DeWolf Suggests

MySpace MP3 Player Plausible, CEO DeWolf Suggests During the Web 2.0 conference held in San Francisco this week, MySpace CEO Chris DeWolfe suggested that Social networking site MySpace might be working on its very own MP3 player. DeWolfe, who admitted that a MP3 could soon be released, held talks with Warner Music Group CEO Edgar Bronfman Jr.

The possibility of working on Mp3 player was not directly specified by DeWolfe, but it was neither denied.

DeWolfe said, "For now, we are much more focused on the service. But, if anything, we'll be accretive to iPod sales, unless we develop a device."

NDS announced $150 million Investment in India

NDS announced $150 million Investment in IndiaUK-base NDS group has announced $150 million invesment in India to boost its current operations. The company has invested over $120 million so far and has now announced an investment of $150 million over the next four years to support the accelerating digitization of pay-TV across the nation and worldwide.

The NDS Group is a UK-based global digital pay and interactive TV technology provider. The group had ventured into India in 2000, establishing a R&D Center in Bangalore.
 

Era Financial inks ‘film conducting pact’ with Yash Promoters & Builders

Era Financial Services India Ltd., a subsidiary company of Era Group has informed that it has signed a film conducting pact with Yash Promoters & Builders Pvt. Ltd.

The agreement is for the purpose of carrying on the business of exhibiting Cinematic Films and for carrying on such associated activities in the three-screen multiplex at SM WORLD situated at Rajender Nagar Sahibabad, Ghaziabad, Uttar Pradesh.

The multiplex is fully operational and this agreement has been signed for a term of nine years w.e.f. November 1, 2008.

The stock is presently trading at Rs 18.90, down 8% compared to previous close of Rs 20.55. It touched an intraday high and low of Rs 19.65 and Rs 18.50.

Adlabs gets board’s nod to demerge radio business into Reliance Unicom

Adlabs gets board’s nod to demerge radio business into Reliance UnicomAdlabs Films, a member of the Reliance Anil Dhirubhai Ambani Group and the leading entertainment conglomerate in the country, has notified that the board of directors of the company has approved a scheme of arrangement envisaging demerger of its radio business into Reliance Unicom Ltd.

Midvalley files DRHP with SEBI to enter capital market

SEBIChennai based Midvalley Entertainment, has filed a draft red herring prospectus (DRHP) with SEBI, to enter into the capital market with a public issue of 1.71 crore equity shares of Rs 10 each for cash at a price to be decided through a 100% book-building process.

The issue also comprises a reservation of 3 lakh equity shares for permanent employees, thus bringing the net issue to 1.68 crore equity shares of Rs 10 each. The net issue will constitute 39.30% of the fully diluted post issue paid-up capital of the company.

Zee News inks strategic partnership pact with Sky B

Zee News inks strategic partnership pact with Sky BZee News, a part of the Essel Group has informed that the company has signed a strategic partnership agreement with Sky B (Bangla) Pvt. Ltd.

 Under the deal, Zee News Ltd will handle marketing, advertising, sales and programming initiatives of Sky B's Akaash Bangla, the 24-hour regional infotainment channel in Bengali, against an agreed fee structure.

Bengali news channel 24 Ghanta is owned by Zee Akaash News Pvt. Ltd, which is a 60:40 joint venture between Zee News Ltd and Sky B Pvt. Ltd.

UK Film Minister signs bilateral treaty with Bollywood

UK Film Minister signs bilateral treaty with BollywoodBe it for the best romantic genres or pragmatic issue-based flicks, London is one of the favorite spots of a lot of Bollywood filmmakers. Some of the most recent films shot in and around London are Cheeni Kum, Namastey London and Jhoom Barabar Jhoom. A forthcoming attraction, ‘London Dreams’ also has scenes shot in the British Capital.

The UK Film Minister, Barbara Follett, recently signed a bilateral co-production treaty with Bollywood, with the view to improve the working relations between the UK and the Indian entertainment industry.

Tivo, Netflix in partnership on Web streaming

Tivo, Netflix in partnership on Web streaming With the aim to further provide Netflix's Web streaming service directly to televisions through many devices, on Wednesday, Netflix Inc. said that it has entered a deal with TiVo Inc. 

Though the full terms of the deal were not disclosed, under this deal, Netflix needs to provide subscribers of its online DVD rental service, and 800,000 broadband-connected Tivo subscribers, with the facility to stream movies and TV episodes from Netflix's "Watch Instantly", free of charge. 

V-Guard postponed its plans to setup two amusement parks

V-Guard postponed its plans to setup two amusement parks V-Guard, one of the leading electrical and electronic appliances group, has postponed its plans to set up two water theme amusement parks with an aggregate investment of up to Rs 1,200 crore because of land acquisition problems.

The group has shelved its plans of setting up parks near Panvel in Navi Mumbai, following the phenomenal rise of land prices at the proposed site.

Zapak launches international gaming portal ‘Zapakworld.com’

Zapak launches international gaming portal ‘Zapakworld.com’Zapak Digital Entertainment Ltd, Country’s largest online gaming company, a Reliance ADA Group Venture, has announced the launch of their first gaming portal for the international markets - Zapakworld.com at “Casual Connect” held at Ukraine. 

According to the sources, over 50 international developers have already signed on with Zapakworld.com to provide games. 

TiVo signs major deals to expand its video library

TiVo signs major deals to expand its video library With the aim to provide unlimited media via the use of single device, embedded with an easy to use interface; TiVo recently signed a deal with CinemaNow and Jamal. Thorugh this deal, more movies have been added to TiVo library, most of them being provided from Disney Studios. 

Now the movie lovers can rent the movies by paying between $1.99 and $4.99 for a time period of 24 hours or a whole week. In some cases, movies can also be bought but it all would depend upon the price agreed by the content owner. 

Co-Production Treaty Between UK-India to Boost Cinema

On the sets of Vipul Shah's Latest film 'London Dreams', the British Film Minister Barbara Follet formally declared the signing of the Bilateral Treaty with Bollywood, under which Indian Producers shall benefit from Tax Concessions, can acquire fresh funding sources and also get easy practical support .The Minister met Ajay Devgan who along with Asin are the lead pair to avail the facility of the treaty as shooting started much before the deal was finalized.

Dish TV launches much-awaited ‘Bhakti Active’ Service

Dish TV launches much-awaited ‘Bhakti Active’ Service Keeping the festive season in mind, Dish TV, a unit of Essel group has finally launched a much awaited religious channel facility christened ‘Bhakti Active’ on its network. 

With the latest introduced service, subscribers would now be able to see live Gurbani from Bangla Sahib and Nanded Sahib, Aarti of Sai Baba from Shirdi, Ganesh Aarti from Siddhi Vinayak, Aarti from Tirupati Balaji, Live Ganga Aarti from Haridwar and Bhasm Aarti of Mahakaal from Ujjain. 

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