The Cricket World Cup debacle appears to have Multi Screen Media (formerly, Sony (NYSE: SNE) Entertainment Television) hard: the company is going to end the fiscal year with a negative cash flow of around Rs. 200 crores ($50 million) reports Business Standard. The company has to pay for a loan…

This is big: responding to ContentSutra’s question about MultiScreen Media’s upcoming New Media Initiatives, CEO Kunal Dasgupta said that the company is working with the Board of Control for Cricket in India (BCCI) to set up a Fantasy Cricket League around the Indian Premier League (IPL). Dasgupta is bullish on…

Kunal Dasgupta, CEO of Multiscreen Media (formerly - Sony (NYSE: SNE) Entertainment Television) spoke about an interesting change of strategy from the film Jab We Met, which helped reduce the impact of piracy. Films and Home Video Jab We Met was a film that changed rights scenario the theatrical release…

Sony (NYSE: SNE) Entertainment Television (SET) has been renamed Multi Screen Media (MSM), a move which CEO Kunal Dasgupta told IndianTelevison reflects a change in company’s strategy. SET intends to invest in mobile, movies, the Internet and Out Of Home (OOH). The Sony board has approved the change of name,…

Warburg Pincus, Blackstone and Standard Chartered Private Equity are among the Private Equity players looking to buy the 32 percent stake in Sony (NYSE: SNE) Entertainment Television reports ET. Sony Pictures Entertainment (SPE) holds 62 percent in SET, while Indian promoters including actor Jackie Shroff, Shemaroo Films MD Raman Maroo,…

The Zee group has come out all guns blazing on the issue of allocation of licenses and spectrum for Mobile TV in India. The group has told the TRAI in comments submitted on Mobile TV that just having the capability to transmit TV content doesn’t mean that Telecom operators do…

There’s no way of verifying these numbers, but Rediff (NSDQ: REDF) reports that in the final nine days of the show Indian Idol, the finalists received 70 Million SMS’, amounting to Rs. 210 Million ($5.25 million). The numbers are, however, being questioned. The report got one thing wrong - they…

Seems very strange, but Bharat Petroleum Corporation Ltd (BPCL) is setting up cinema halls at its highway fuel stations. Cinemata, a Sony (NYSE: SNE) Entertainment Television company will be providing films for the initiative, and these will be beamed via digital distribution. Digital distribution, says Keshav Shenoy, GM (Highway Retailing),…

“The mountains are raging”, says Pradip Pradhan, secretary of Indian Idol contestant Prashant Tamang’s fan club. A businessman has offered Rs. 1 crore to the singers campaign. People are going from house to house, asking for contributions. I was told recently that there are banners at the Sikkim border, asking…

So after T-Series, Sony Entertainment Television, STAR India and Saregama joins the ranks of those who’ve now publicly declared that they’ve sent legal notices to YouTube, asking the online video site to remove copyrighted content [via FE]. I just can’t get over the fact that SET India’s mobile head Kaushal…