Bloomberg L.P. chairman Peter Grauer will ring the opening bell at the Bombay Stock Exchange on Friday Thursday to celebrate his company’s recent partnership with UTV, a spokesperson for the Mumbai-based media firm said. UTV is inviting the press for the photo op. The event marks a departure from tradition…

Sumit Gupta, COO of Bloomberg UTV (formerly UTVi) since its launch early 2008, has stepped down, according to multiple sources. Prior to joining UTV, Gupta has worked at CNBC TV18. Both Gupta and officials at UTV did not respond to repeated requests for comment. UTV executive director Shantonu Aditya, who…

Correction: Ad sales teams for the mobile properties of Indiagames and UTV New Media are being merged, not for all digital properties, as we incorrectly reported earlier. UTVi has finally become Bloomberg UTV. The channel logo, colour scheme, graphics (channel ID) all changed this morning and the website Bloombergutv.com has…

Zoom business head M.K. Anand is joining UTV Global Broadcasting as CEO, according to multiple sources familiar with the development. Anand was not reachable for comment. Zoom CEO Suresh Bala confirmed that Anand is leaving the organization. Medianama first reported about Anand’s movement. UTV Global Broadcasting operates four channels—Bindass, Bindass…

Global news and information giant Bloomberg and Indian business news channel UTVi, part of diversified media firm UTV Software Communications, this morning signed a content and co-branding agreement, under which, UTVi will be rebranded as Bloomberg-UTV. The channel’s website, Utvi.com, will become Bloombergutv.com. The deal comes after months of negotiations,…

Diversified media firm UTV Software Communications today said it has expanded its board of directors with two non-executive directors, one of whom will be an independent director. Sanjay Purohit, executive director, marketing for Cadbury in India, joins UTV board as an independent non-executive director and Rob Gilby, senior vice president…

Zaki Ansari, who recently left Rediff.com, has joined UTV New Media as chief product and technology officer (via Medianama). CEO Manish Agarwal confirmed the development. Ansari was VP, product development at Rediff (NSDQ: REDF) and was among the earliest members of the team at the Internet firm. UTV’s new media…

In exactly two months from launch, ET Now, the business news channel from Bennett, Coleman & Co. Ltd, has toppled NDTV Profit to become the second most viewed channel in Metros. According to latest data from TAM Media Research, for the week ended 15 August, ET Now had a 26%…

UTV Software Communications Ltd, a diversified media company with interests in broadcasting, TV software, films, new media and gaming, today posted a net loss of Rs23.33 crore for the quarter ended 30 June, swinging from a profit of Rs19.88 crore for the year-ago period. UTV promoter Ronnie Screwvala told Reuters…

contentSutra has learned from multiple sources that Bloomberg TV is also in talks with business news channel NDTV Profit for a potential branding and content partnership. We had first reported that Bloomberg TV was in talks with UTVi, the business news channel from Ronnie Screwvala-promoted UTV Software Communications Ltd, for…

The New Indian Express reports that the Bangalore office of business news channel UTVi was attacked on Saturday allegedly by members of an underworld gang. The office was ransacked and a security guard and a driver, who were present, were stabbed. UTVi is majority owned by UTV Software Communications promoter…

UTVi, the business news channel owned by UTV promoter Ronnie Screwvala, is in advanced talks with Bloomberg LP for a strategic partnership, according to a person familiar with the talks. A decision will likely be taken by Bloomberg’s top management this week, the person said. The deal, sewn up by…

UTV Software Communications Ltd, the Ronnie Screwvala-promoted diversified media firm that is now majority owned by The Walt Disney Co. (NYSE: DIS), clarified a host of business-related issues in an earnings release yesterday, when it said net profit for the quarter ended 31 March was down 51% to Rs13 crore.…

This deal marks the completion of the first major buyout of an integrated media house by a multi-national firm. Walt Disney (NYSE: DIS) has completed the acquisition of UTV Software. The second largest US media house has acquired 22.65% in the open offer and has raised its holding in the…

UTV Software Communications, the media and entertainment company, has picked up an 80 per cent stake in California-based gaming company True Games Interactive. The acquisition has been done through its UK-based subsidiary IG Intercative Entertainment, said the company informing the BSE today. True Games is a multi-player online game publisher…

UTV Software Communications Ltd has sold 15 per cent stake in its broadcasting arm, UTV Global Broadcasting Ltd (UGBL), to Walt Disney (NYSE: DIS) Co Pte Ltd for $28.15 million. UGBL has allotted 3,00,000 equity shares to Walt Disney, said UTV Software informing the Bombay Stock Exchange. At the same…

UTV reported a growth of 154 percent in total revenues for the quarter ending June 30, 2008,  over the previous sequential quarter, buoyed mostly by its films segment: Rs 1,452 million from 571 million, with a net profit of Rs 251 million up from 91 million. The PDF release on…

Update: UTV has acquired 76 percent stake (not 80 percent stake as earlier indicated to the BSE) in IT Nation for Rs. 15 crores. More importantly, they intend to invest Rs. 120 crores on the digital space over the next two years. On the digital music front, they’ve launched UTV…

The website for UTVi the business channel from the UTV Group, has gone live, albeit in beta. The site has news, market updates, industry-wise updates; there are “Guru Blogs”, which currently have just two posts - one from Govindraj Ethiraj, Editor in Chief of UTVi and journalist Hindol Sengupta. The…