Gaurav Laghate

  • Covid-19 impact: Multiplexes call for rent suspension

    Covid-19 impact: Multiplexes call for rent suspension

    Sources across cinema chains have confirmed to ET that they had individually written to the landlords and mall owners seeking waiver of rent under the ‘force majeure’ clause of their contracts. The clause excuses companies from meeting some obligations in case of certain unusual circumstances.

    Covid-19 impact: TV, mobile consumption witness major spike

    Covid-19 impact: TV, mobile consumption witness major spike

    While the daily total time spent per viewer also jumped from 3 hour 46 minutes in January to 3 hours 51 minutes each in week under consideration. The increase in TV viewership was driven by kids (20%) after schools were shut down and kids could even venture out due to restrictions in place.

    PM Modi's 21-day 'complete lockdown' address most watched event on TV

    PM Modi's 21-day 'complete lockdown' address most watched event on TV

    As per data from TV viewership monitoring agency BARC India, the PM’s address was viewed live by 197 million people, across 201 TV channels. The 8 pm speech was views for a record 3.891 billion minutes. In comparison, the last IPL final was viewed by 133 million viewers.

    Media & Entertainment sector grew 9% in 2019: FICCI-EY report

    Media & Entertainment sector grew 9% in 2019: FICCI-EY report

    Advertising growth was muted due to overall economic slowdown in the second half of calendar 2019 which also impacted festive ad spending and that resulted in a polarisation of spends towards high-impact properties including the Indian Premier League (IPL), ICC World Cup and the general elections.

    Nixing IPL over coronavirus may erode $1b value: Duff & Phelps

    Nixing IPL over coronavirus may erode $1b value: Duff & Phelps

    As cancellation of the 13th edition of the Indian Premier League (IPL) due to Covid-19, starts looking like a real possibility, Duff & Phelps, the multinational financial consultancy firm, has estimated it will reduce the value of the entire IPL ecosystem by $700 million to $1 billion.

    Ad man Piyush Panday joins ZEE board as independent director

    Ad man Piyush Panday joins ZEE board as independent director

    “I am elated to welcome Piyush Pandey on the company’s board,” Punit Goenka, MD & CEO, ZEE, said. “We all have experienced his creative work, which has directly touched our hearts. His sharp acumen and creative approach will help us immensely in driving the Company to its desired goals.”

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