Karan Taurani: Last News

Naman Ramachandran India’s National Company Law Tribunal on Wednesday agreed to the beginning of insolvency proceedings against Zee Entertainment Enterprises Limited (ZEEL) and group company Siti Network, filed by IndusInd Bank. The bank is seeking payment over a default of INR890 million ($10.7 million). Siti and Zee are part of the Essel Group conglomerate. In 2021, Culver Max Entertainment (Sony) and ZEEL signed definitive agreements to merge and combine their linear TV networks, digital assets, production operations and program libraries. The merger is understood to be in the last stages of completion.

JioCinema Premium has revealed an annual subscription plan of INR999 ($12.13) for Warner Bros. Discovery content. Billionaire Mukesh Ambani’s Reliance Industries Limited (RIL) is behind Viacom18 and JioCinema. Warner Bros. Discovery and Viacom18 signed a multi-year agreement recently making JioCinema India’s new streaming home for HBO, Max Original and Warner Bros. content from May. The WBD content had previously been carried on the Disney-owned Star TV platform. But the deal with Star expired at the end of March.  Television series will premiere on JioCinema on the same day as the U.S. The deal includes current and future seasons of HBO’s “House of The Dragon,” “The Last of Us,” “Succession” and “The White Lotus,” and returning seasons of “True Detective: Night Country,” “Euphoria,” “Winning Time: The Rise of the Lakers Dynasty” and “Perry Mason.”

Naman Ramachandran Despite the star wattage of A-listers Aamir Khan and Akshay Kumar, the underwhelming box office performance of “Forrest Gump” adaptation “Laal Singh Chaddha” and “Raksha Bandhan,” respectively, have set the alarm bells ringing in Bollywood.Both films released on Aug. 11. The date was tailor-made for “Raksha Bandhan,” a film about brother-sister relationships, as it coincided with the festival of Raksha Bandhan, which celebrates siblinghood.