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Megastar <keyword id="19898963" type="General" weightage="20" keywordseo="Amitabh-Bachchan" source="keywords">Amitabh Bachchan</keyword>, who is set to host the 16th season of "<keyword id="19946508" type="General" weightage="100" keywordseo="Kaun-Banega-Crorepati" source="keywords">Kaun Banega Crorepati</keyword>" (<keyword id="19903931" type="General" weightage="20" keywordseo="KBC" source="keywords">KBC</keyword>), on Sunday said the new chapter of the popular quiz show will introduce "<keyword id="22663483" type="General" weightage="20" keywordseo="interesting-changes" source="keywords">interesting changes</keyword>" in the game. The latest installment of "KBC" will air on <keyword id="20215768" type="General" weightage="20" keywordseo="Sony-Entertainment-Television" source="keywords" meta.keywordsubtype="org" meta.entityname="Sony Entertainment Television" meta.hostid="261" meta.entityid="Sony Entertainment Television">Sony Entertainment Television</keyword> from August 12. It will premiere on the channel weekdays at 9 pm. In a lengthy post on his personal blog, Bachchan wrote the show offers a platform to the <keyword id="19929200" type="General" weightage="20" keywordseo="contestants" source="keywords">contestants</keyword> to not only win a handsome cash prize but also share their personal stories. "Some fresh new interesting changes in the GAME and the impact it will have and the learnings .. but above all the 'emotions' that overcome us all when the outcome of the contestant before us narrates his or her story .. "The dire circumstances they exist in and then the volume of their years of distress .. and suddenly they find themselves here on the 'garam kursi' (<keyword id="19960150" type="General" weightage="20" keywordseo="hot-seat" source="keywords">hot seat</keyword>) and they get taken up by the emotion of the moment (sic)" the 81-year-old actor said. One of those new changes is 'Dugnaastra', through which the amount won by the contestant would be doubled after they correctly answer the 'super sawaal'. The catch is that the contestant would have no options to choose the right answer from, according to a video shared by the channel on social media. Bachchan, who is currently shooting for "KBC", said listening to the contestants talk about their struggles in front of millions of audience members in the past few days has been a "moving" experience. "BUT .. with that most endearing smile which just melts us ..for the past few days the contestants and their lives that come before us have been most emotional and moving .. and we sit in the wonder of their narratives .. and try to extend helping hands for their needs and to try and overcome their harsh lives .. ".. may they be given all the strength that the Almighty can ever bestow upon those that struggle and set examples .. and teach a lesson to these (sic)" he added. The cinema icon has hosted "KBC" since its inaugural season in 2000, except the third chapter in 2007, which was hosted by superstar <keyword id="19895142" type="General" weightage="20" keywordseo="shah-rukh-khan" source="keywords">Shah Rukh Khan</keyword>. Bachchan most recently starred in "Kalki 2898 AD". The film, directed by Nag Ashwin, has crossed the Rs 1000 crore-mark at the global box office.

Bachchan says Kaun Banega Crorepati makers have introduced 'interesting changes' in season 16

The festive season is here and like every year, various companies are offering a discount on their products, spreading some cheer in the air. <keyword id="19914172" type="General" weightage="20" keywordseo="Sony" source="keywords" meta.keywordsubtype="org" meta.entityname="Sony" meta.hostid="261" meta.entityid="Sony">Sony</keyword> has also joined the fray and is offering a special discount this Diwali on the <keyword id="21466714" type="General" weightage="20" keywordseo="Playstation-5-Slim" source="keywords">PlayStation 5 Slim</keyword>. For a limited time, customers can enjoy a Rs 5,000 price cut on both the Disc (CFI-2008A01) and Digital (CFI-2008B01) versions of the popular console. This Diwali offer sees the starting price for the <keyword id="15461094" type="General" weightage="100" keywordseo="ps5-slim" source="Orion">PS5 Slim</keyword> drop to Rs 49,990, making it a great opportunity for gaming enthusiasts to grab the console at a reduced rate. <h2>Sony's Diwali offer on PS5 Slim </h2> The offer is valid till October 23 and customers can purchase the discounted PlayStation 5 Slim via Sony Centre, Flipkart, Amazon, and other major retailers. Along with the price cut, <keyword id="20111448" type="General" weightage="20" keywordseo="Sony-India" source="keywords" meta.keywordsubtype="org" meta.entityname="Sony India" meta.hostid="261" meta.entityid="Sony India">Sony India</keyword> is sweetening the deal by offering a three-year comprehensive warranty on select models, along with the option for easy EMI plans. Apart from the PS5 Slim, Sony is also rolling out Diwali deals on its home entertainment products. Customers can avail discounts of up to Rs 64,990 on Bravia TV and soundbar combos, with EMI plans starting at Rs 2,995. Additionally, Sony’s premium Bravia Theatre soundbars are being offered at a starting price of Rs 79,990, while the high-end Bravia Theatre Quad, priced at Rs 1,99,990, comes with Rs 12,000 cashback and EMI options from Rs 5,995. <h2>About PS5 Slim </h2> The PlayStation 5 Slim retains all the powerful features of its standard counterpart, boasting an 8-core AMD Ryzen Zen 2 CPU and AMD RDNA 2 GPU, ensuring smooth performance even for the most demanding AAA games. It supports 4K Blu-ray discs, ensuring a high-definition gaming experience, and comes with 1TB of SSD storage and 16GB of GDDR6 RAM. Connectivity options include Ethernet, HDMI, and USB ports, making it a versatile addition to any home entertainment setup. The console is also compatible with PS VR2 headsets, allowing users to enjoy immersive virtual reality experiences.

Sony offers special discount on PS5 Slim in India, available for under ₹50,000

Top rated 55-Inch 4K LED TVs in India

<ul><li><keyword id="20068359" type="General" weightage="20" keywordseo="zee-entertainment" source="keywords">Zee Entertainment</keyword> has backed out from a $ 1.4 billion licensing agreement with <keyword id="19976118" type="General" weightage="20" keywordseo="disney-star" source="keywords">Disney Star</keyword> for the TV broadcast right for cricket matches.</li><li>This is reportedly a fallout of collapse of its merger deal with <keyword id="19914172" type="General" weightage="20" keywordseo="sony" source="keywords">Sony</keyword>.</li><li>Sony Corporation had on Monday announced the termination of the $ 10 billion merger.</li></ul> Zee Entertainment has backed out from a $ 1.4 billion licensing agreement with Disney Star for the TV broadcast right for cricket matches as a fallout of collapse of its merger deal with Sony, according to industry sources. Zee Entertainment Enterprises Ltd (<keyword id="20115912" type="General" weightage="20" keywordseo="zeel" source="keywords">ZEEL</keyword>), which has already missed the first instalment of around $ 200 million, will not move ahead, industry sources told PTI. The instalment to be paid to Disney Star was part of the $ 1.5 billion investment committed by Sony Group after its merger with ZEEL, said another industry source while confirming the development. Sony Corporation had on Monday announced the termination of the $ 10 billion merger agreement with ZEEL, while seeking $ 90 million for breach of conditions besides initiating arbitration. As per the merger agreement between ZEEL and Sony, the Japanese entity was supposed to invest $ 1.575 billion in the merged entity and have a majority stake. There were no immediate comments from ZEEL over the development. Three days after Sony called off the deal, ZEEL MD &amp; CEO <keyword id="20130441" type="General" weightage="20" keywordseo="punit-goenka" source="keywords">Punit Goenka</keyword> addressed a townhall meeting of around 3,000 employees across the globe, in which he asked them to move forward and chase new opportunities. "Our industry is witnessing rapid changes, and these winds of change are giving us a new shape. We have to mould ourselves to be well-positioned in order to capitalise on the opportunities coming our way. We have been leaders over the last 3 decades and have delivered value to our stakeholders, year on year," he said. On August 30, 2022, ZEEL had announced entering into a strategic licensing agreement with Disney Star for television broadcasting rights of the ICC Men's and Under-19 global events for a period of four years. Disney Star will continue to exclusively stream all ICC tournaments through its digital platform Disney+ Hotstar, a joint statement had said. This was done with the in-principle approval from the International Cricket Council (ICC). Disney Star bagged the broadcast rights of all ICC events for four years from 2024 to 2027 for the Indian market from the sport's global governing body. As per the agreement, ZEEL was supposed to have exclusive television rights for ICC men's events, including the ICC Men's T20 World Cup, which will be played in 2024 and 2026, ICC Men's Champions Trophy (2025), and the ICC Men's Cricket World Cup (2027), along with key ICC U-19 events, it said. ZEEL on Wednesday approached the National Company Law Tribunal (NCLT) to get Sony to honour a $ 10 billion merger deal. Sony had resisted the demand by Subhash Chandra's son Punit Goenka, who was investigated by Sebi over fraud allegations, to stay on after the merger. It has also initiated appropriate legal actions to contest the claims of $ 90 million (Rs 748.5 crore) filed by Sony Group before the Singapore International Arbitration Centre (SIAC). SEE ALSO:<a href="https://www.businessinsider.in/tech/mobile/webstories/oneplus-12-vs-oneplus-12r-heres-whats-different-between-the-two-devices/slidelist/107138750.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/webstories/oneplus-12-vs-oneplus-12r-heres-whats-different-between-the-two-devices/slidelist/107138750.cms" target="_blank">OnePlus 12 vs OnePlus 12R – What distinguishes the two new smartphones</a> <a href="https://www.businessinsider.in/business/auto/news/rolls-royce-spectre-rolls-out-as-indias-most-expensive-electric-car/articleshow/107051636.cms">Rolls Royce Spectre rolls out as India’s most expensive electric car</a> <a href="https://www.businessinsider.in/tech/news/global-pc-shipments-decline-for-the-eighth-straight-quarter-hopes-pinned-on-ai-to-drive-sales/articleshow/106981182.cms">Global PC shipments decline for the eighth straight quarter; hopes pinned on AI to drive sales</a>

Zee Entertainment backs out from $1.4 bn deal with Disney Star

'<keyword id="1417364" type="General" weightage="20" keywordseo="Shark-Tank" source="Orion">Shark Tank</keyword> India 2' judge and <keyword id="12758425" type="General" weightage="20" keywordseo="shaadi-com" source="Orion">Shaadi.com</keyword> founder <keyword id="127971" type="General" weightage="80" keywordseo="anupam-mittal" source="Orion">Anupam Mittal</keyword> said that it is never justified to humiliate anyone for their business idea even if it doesn't sound appealing. Without taking any name he pointed toward the <keyword id="7349800" type="General" weightage="50" keywordseo="bharatpe" source="Orion">BharatPe</keyword> founder Ashneer Grover, who once on the show asked an entrepreneur to make a mop of the clothes she was selling as they were not up to the mark according to him. However, <keyword id="2288" type="General" weightage="100" keywordseo="anupam" source="Orion">Anupam</keyword> asserted that there is a proper way to criticise someone and one cannot insult anyone in a rude manner. He also added that this won't be happening in the second season of the show. In an interview given to Film Companion, he said: "I'm not going to talk about specific sharks but as a team, we gave a lot of leeway to people in a lot of pitches last year. This year, you might see that change a little bit." He added that giving suggestions is one thing but humiliating a person is altogether a different matter and even if the person is presenting a business idea that is not so good, it is not going to make the person 'bad'. He added: "I think there is a difference between being critical and insulting someone. You might have a bad idea or a bad business or a terrible business plan but that doesn't make you a bad person." "So I, and I think everybody, draws a line at criticising your business and your idea and your plan and to give you a reality check and to show you the mirror because this is season two. Humiliating somebody is not acceptable and anybody who does that does not deserve a seat on 'Shark Tank'," he concluded. 'Shark Tank 2' is starting from January 2 on <keyword id="11908357" type="General" weightage="50" keywordseo="sony-entertainment-television" source="Orion">Sony Entertainment Television</keyword>. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/shilpa-shetty-kunal-bahl-promoters-to-sell-stake-as-mamaearth-parent-goes-in-for-an-ipo/articleshow/96594970.cms">Shilpa Shetty, Kunal Bahl, promoters to sell stake as Mamaearth parent goes in for an IPO</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/mukesh-ambanis-son-anant-ambani-engaged-to-radhika-merchant-in-rajasthan/articleshow/96598326.cms">Mukesh Ambani's son Anant Ambani engaged to Radhika Merchant in Rajasthan</a>

Humiliating somebody will not be tolerated in Shark Tank says Shaadi.com founder Anupam Mittal

<ul><li>PSVR 2 is a virtual reality headset compatible with Sony <keyword id="2421871" type="General" weightage="20" keywordseo="ps5" source="Orion">PS5</keyword></li><li>The PSVR 2 comes with it’s exclusive sense controllers</li><li>The headset is priced at ₹61,999 </li></ul>In a world where Augmented Reality (AR) and Virtual Reality (VR) are thrown around casually, it feels like the gaming world was a bit slow to internalise this technology. Yes, VR headsets have been around for a while, but for a console? Not really. In this evolving landscape, Sony seems to be the only top contender to work on this project and perhaps ace it. And why not? Sony has been a pioneer with their PlayStation. The console sales are going off the roof and original IPs like God Of War and Spider-man 2 flying off the shelves. While the original PSVR was plagued with problems like limited IPs and perhaps an outdated design, the PSVR 2 is a major improvement. I have been testing the PSVR 2 for 3 weeks, and here is my review. This is indeed for the gamers by a gamer! Price &amp; Availability Sony PSVR 2 is available for a price of ₹61,999. You can also find it with added discounts across the internet. You can buy it from all prominent e-commerce websites. Design Sony PSVR 2’s design is a major improvement over the original PSVR. The headset is now bigger and has more adaptable parts to adjust to all head types. The design is simple and ingenious. The band is stretchable and wraps around the head without any struggle. You can of course tighten it up with the help of a dial at the back. With a simple press, it also releases the pressure. We don’t get multiple band options here, but yes the material is fairly comfortable and you can work around it eventually. The headset in itself is fairly bulky but with clever weight distribution, it doesn’t bother much. However, if you wear glasses like me, it can start to get a little uncomfortable, but only after a long while. As far as the sinuses are concerned, the design makes it convenient to sit around your nose all day. Audio Visuals The headset's internal lenses can be easily adjusted using an external dial, allowing users to bring them closer together or move them apart. This adjustment is crucial as misaligned lenses can result in a blurry and challenging viewing experience, often leading to headaches or motion sickness for users. On the back, you will find a pair of earbuds that connect to the rear of the device. While users have the option to use their preferred wired headphones, these included earbuds are specifically designed to attach to the headset and can be neatly stored in small divots on the side when not in use. While the audio quality is satisfactory, not exceptional. Nevertheless, the immersive gaming experience is enhanced when the sound is localized within the headset rather than emanating from a distant TV. A noteworthy feature of the PSVR 2 is its automatic streaming capability, displaying the virtual reality user's perspective directly onto the TV. This eliminates the need for complex or cumbersome systems that other platforms may require, providing a more engaging and less tedious experience for spectators who would otherwise watch someone move about in their living room. I would, however, like to nitpick here and say that the length of the wire while being fairly long can still be limiting. While I was cautious about it, my other colleagues almost went out of the play area. That’s the beauty of VR games but also a risk. I hope we see in the future a wireless medium for VR headsets. Until then, I suggest you keep one of your legs in reality while playing in a virtual one. Connection and UI Setting up the PSVR 2 is fairly simple, and if you have been in the PlayStation universe for a while you would understand the references as well. It's mostly a plug-and-play mechanism. Once you cable up the VR headset you have to set the orientation according to your eye moment. This is done with the help of cameras on board that are very accurate and quick. The sense controllers are connected wirelessly, by pressing the PS buttons. The setup of the headset is done with the help of these controllers. Mostly when you try to set up the play area. Note that it's better to have it set up in an open room with minimal furniture. Overall the set-up process isn’t going to take more than 10 minutes. Moreover, you can set it up for player profiles. However, saving it for different room set-ups is a bit tricky. Since I found myself scanning the rooms all over again. I hope there is a software patch in the future and we can save multiple rooms like this. Gaming Experience There are a handful of original titles on the PSVR 2, and the one that I got to experience was Gran Tourismo 7. The racing game which is famous for its realistic gaming experience and simulation feeling was perhaps a great example of what the headset can do. I have divided my experience into two sections - hits and misses. Hits: Gran Tourismo 7’s VR experience has been needled out really well. The gaming experience starts with the garage tour that lets you check out every car in the game. Plus you can also explore different garages across the country. This experience zone lets you go near the car, and look at it from different angles. The game also identifies your position whether you are standing or sitting on a chair. However, you can’t open the car door and experience the interior. Maybe it’s asking too much, but I hope we can get this developed in the future. Now coming to driving the car, this is where things get interesting. Since can have a driver POV here. The PSVR 2 lets you look around the vehicle in a 360-degree perspective which keeps you engaged. Be it the eye tracking system or the responsiveness of the dual sense controller everything works in sync. And since everything is rendering in 4K resolution it does feel life-like. I also enjoyed playing Call of Duty Modern Warfare with this as well. Facing heavy artillery from all sides, and running around on the battlefield it is all immersive. And this is where the other hit for me with the PSVR 2 comes into play. You can always use the headset as an independent screen. Big-screen smart TVs with 4K resolution come with a hefty price tag which can easily go double the price of the VR 2. However, you can just use the VR to play 2D games and also watch content since it is technically working on a display out mechanism. So, if you are single then perhaps PSVR 2 can be a good investment for you since you can’t mirror it anywhere else and only you get to enjoy the experience. Misses: While the PSVR 2 manages to create excitement with its technology and design there are certain limitations that you will face here. Starting with limited video games. Now this is an issue plaguing the entire VR/AR culture in general. But having more games on the platform is more crucial for PSVR 2 considering it shares the PlayStation DNA. Horizon Zero Dawn is another important title here but perhaps IPs like God of War and Spider-Man must be on VR 2. I particularly would love to have Spider-Man here, imagine swinging around New York City! Isn’t that every Marvel enthusiast's dream? I don’t think this is a technology limitation anymore, it’s more of an intention. I hope Sony works on it eventually. The second limitation is the sense controllers which don’t particularly work until a game supports them. For that matter, you can’t even use them to scroll through the main menu. This is surprising because I would want to leave my dual sense controller the moment I switch to the PSVR 2. Switching between the controllers can be tricky and create a mess. Finally, I found the audio set-up on the headset lacked luster. The earphones on the headset while designed with great detail lack the thump you would expect from a VR experience. I found myself relying on my gaming headset more often than not. Verdict PSVR 2 is a stepping stone to the future of VR and gives you a glimpse of the potential this technology holds. The device is not just for gaming but perhaps adds a solid entertainment value as well. If you are a PS5 user and have the budget to explore more of what the Sony team is doing then this is a worthwhile investment. However, I wouldn’t recommend going out of your way and purchasing this, creating a dent in your pocket. Perhaps it could be just a matter time for a better version from the same company.

Sony PlayStation®VR2 Review — VR games have never looked better

<ul><li>Having been trending week over week, there is no doubt that #SharkTankIndia has been driving entrepreneurship conversations in Indian households and has gained immense popularity.</li><li>After three months of creating non-stop buzz for the show, <keyword id="11908357" type="General" weightage="20" keywordseo="sony-entertainment-television" source="Orion">Sony Entertainment Television</keyword> in association with its digital partner, <keyword id="4574745" type="General" weightage="20" keywordseo="white-rivers-media" source="Orion">White Rivers Media</keyword> officially wraps the first season’s marketing campaign.</li><li>Here’s a closer look at Shark Tank’s marketing strategy.</li></ul><keyword id="11924074" type="General" weightage="20" keywordseo="shark-tank-india" source="Orion">Shark Tank India</keyword>, in its very first season, has been able to mirror Badalte Bharat Ki Nayi Soch and has been successful in making conversations around ‘entrepreneurship’ more mainstream. Given the unconventional format of the show, Sony Entertainment Television (SET) in association with its digital partner White Rivers Media (WRM) maintained consistent engagement with the audience throughout the season with live updates, decoding the business jargon, anecdotes from the Sharks, inspiring moments from the show, and highlighted each ‘deal’ thereby making the business reality show more inclusive and relatable to the audience. Starting with the registration phase, WRM reached out to the incubator community, college alumni, and co-working spaces encouraging participation in the show. Furthermore, the digital agency created exclusive social media pages, on Twitter and Instagram, to engage with the audience. It quickly gained 750K followers, and went on to become the one-stop destination for everything related to the show with its viral posts. <div type="twitter" handle="sharktankindia" handlename="Shark Tank India" image="http://pbs.twimg.com/profile_images/1407252134031020032/sUtiHEPl_normal.jpg" favoritecount="449" retweetcount="40" status="The pitchers will get one more chance to pitch their business in front of the Sharks, in Gateway to the Shark Tank… https://t.co/TIpZ6ikMX4" createdat="1644408002000" id="1491381373050884100"></div> WRM also executed a 100-hour countdown on social media leading to the launch of the show thereby building intrigue and urgency around the show through content that explained the format and gave a sneak peek of the ‘Sharks.’ <div type="javascript" title="Instagram" contenttype="Video"><cdata><![CDATA[ ]]></cdata></div> From building the sharks through LIVE sessions to promoting the ‘pitchers’ and their unique ideas and explaining A-Z of ‘entrepreneurship’ through curated content, WRM used social media to engage with the show’s fanbase <div type="javascript" title="Instagram" contenttype="Video"><cdata><![CDATA[ ]]></cdata></div> It was only a matter of time post the launch of the show that content creators, brands, and communities were found indulging themselves in viral contexts via episodic content. #SharkTankIndia was trending week after week and everything about it, from the Sharks to their responses, became a palpable part of the popular culture. The daily average of 1M + views on Reel content and positive comments drove a massive increase in followers for SET and SonyLIV’s owned social media platforms. “It has been an incredible experience being a catalyst in disrupting <keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword>’s TV narrative with SET’s Shark Tank India. Commonly used business-related terms turned into a regular dinner-table conversation at any average Indian household. Entrepreneurs, who were noted for their achievements among professional circles, turned into celebrated faces. These have been the team’s top marketing wins for this season.” shared Shrenik Gandhi, Chief Executive Officer and Co-Founder, White Rivers Media. The switch from fictional drama to the real-life aspirations of change-makers has been a refreshing narrative for the Indian TV-viewing audience with the culmination of the first edition of Shark Tank India.

How Shark Tank India got everyone talking about entrepreneurship with its marketing campaign

<ul><li>The deal, announced in September last year, has received the <keyword id="139820" type="General" weightage="80" keywordseo="competition-commission" source="Orion">Competition Commission</keyword> of <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword>'s nod. </li><li>The deal remains subject to applicable regulatory and other approvals, <keyword id="353090" type="General" weightage="80" keywordseo="zeel" source="Orion">ZEEL</keyword> said.</li><li>The combined entity will own over 70 TV channels, 2 video streaming services (ZEE5 and <keyword id="6358540" type="General" weightage="100" keywordseo="sony" source="Orion">Sony</keyword> LIV) and two film studios (<keyword id="3415325" type="General" weightage="50" keywordseo="zee-studios" source="Orion">Zee Studios</keyword> and Sony Pictures Films India). </li></ul> The Competition Commission on Tuesday gave its conditional approval to the mega-merger deal between Sony and <keyword id="6372205" type="General" weightage="80" keywordseo="zee" source="Orion">Zee</keyword> that will create one of the largest media groups in the country. The deal, announced in September last year, has received the Competition Commission of India's nod after the regulator accepted "voluntary remedies" proposed by the parties, sources close to the development said. In a tweet, the watchdog said it has cleared the deal with certain modifications. CCI said it has approved the "amalgamation of <keyword id="1417408" type="General" weightage="50" keywordseo="zee-entertainment-enterprises-limited" source="Orion">Zee Entertainment Enterprises Limited</keyword> (ZEEL) and Bangla Entertainment Private Limited (BEPL) with Culver Max Entertainment Private Limited (<keyword id="55015" type="General" weightage="80" keywordseo="cme" source="Orion">CME</keyword>), with certain modifications". Details about the proposed modifications could not be immediately ascertained. CCI had issued show cause notices to the parties after it initially concluded that the deal could have an adverse impact on competition, the sources said. Subsequently, the parties proposed voluntary remedies, which have been accepted by the regulator, they added. ZEEL said CCI has granted the approval in phase-1 after evaluating the official legal and economic submissions made by the company. Most of the deals get cleared by CCI in phase-1 and only if there are serious concerns then the deal concerned is put up for public scrutiny under phase 2. "Considering the immense value which the proposed merger will generate for all its stakeholders, the company has offered the necessary remedies in accordance with the regulator's guidelines," ZEEL said, adding that further details are awaited. On September 7, the National Company Law Tribunal (NCLT) had advised the company to convene and conduct the meeting with its shareholders on October 14 to seek their approval for the proposed merger. The deal remains subject to applicable regulatory and other approvals, ZEEL said. In a separate statement, Sony Pictures Networks India said it is delighted to receive CCI approval for the merger. "We will now await remaining regulatory approvals to finally launch the new merged company. The merged company will create extraordinary value for Indian consumers and eventually lead the consumer transition from traditional pay TV into the digital future," it said. Culver Max Entertainment Private Limited was earlier known as Sony Pictures Networks India Pvt Ltd. Deals beyond certain thresholds require the approval of CCI, which keeps a tab on unfair business practices and also promotes fair competition in the marketplace. Both parties had entered into a definitive agreement for the deal in December last year and the proposed merger has already received approval from stock exchanges NSE and BSE. ZEEL, in September 2021, said it has entered into a non-binding term sheet with SPNI to bring together their linear networks, digital assets, production operations and programme libraries. The combined entity will own over 70 TV channels, 2 video streaming services (ZEE5 and Sony LIV) and two film studios (Zee Studios and Sony Pictures Films India), making it the largest entertainment network in India, ZEEL said in September last year. Under the deal, there will be amalgamation of ZEE and BEPL with CME. Besides, preferential allotment of certain shares will be made by CME to Sunbright International Holdings Limited, earlier known as Essel Holdings Limited, and Sunbright Mauritius Investments Limited, according to a release issued by CCI. CME is an indirect wholly-owned subsidiary of Sony Group Corporation (SGC). CME has several general entertainment channels, film, sports and kids' entertainment channels in India. SonyLIV is CME's digital entertainment video service which provides OTT services in India and international markets. CME reaches out to over 700 million viewers in India and is available in 167 countries. BEPL is an indirect wholly-owned subsidiary of SGC and a part of the SGC Group. It is broadly engaged in the acquisition of rights for motion pictures, events and other TV cont ent; and in generating advertising revenue from the telecast of TV content. ZEE is a media and entertainment company, with presence across the segments of broadcasting, digital content, movies, music and live entertainment, spread over 190 countries, as per the release. ZEE5 is the company's digital entertainment video service which provides OTT services in India and international markets. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/telecom/news/reliance-jio-to-begin-beta-trial-of-5g-in-four-cities-on-dussehra-with-unlimited-data/articleshow/94645577.cms">Reliance Jio to begin beta trial of 5G in four cities on Dussehra with unlimited data</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/with-950-billionaires-asia-outnumbers-all-other-regions-forbes/articleshow/94644883.cms">With 950 billionaires, Asia outnumbers all other regions: Forbes</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/entertainment/15-ott-releases-to-watch-this-festive-season-starring-madhuri-dixit-hasan-minhaj-and-more/articleshow/94640843.cms">15 OTT releases to watch this festive season starring Madhuri Dixit, Hasan Minhaj and more</a>

Competition Commission gives conditional approval to Sony-Zee merger deal

<ul class="summary-list"><li><keyword id="6358540" type="UNKNOWN" weightage="60" keywordseo="sony">Sony</keyword> Corp wants to slash TV manufacturing costs by giving all the work to robots, <a href="https://www.ft.com/content/03a3da7a-a63d-46c6-b8b4-003687c3666d">the FT reported</a>.</li><li>The company is targeting full automation of TV manufacturing and increased use of <keyword id="62549" type="CITY" weightage="60" keywordseo="Robotics">robotics</keyword> for making smartphones, cameras. </li><li>It expects to cut costs by 70% at its largest television-making factory.</li></ul>Sony wants to give robots complete control of making its televisions in a bid to slash costs, according to a report in <a href="https://www.ft.com/content/03a3da7a-a63d-46c6-b8b4-003687c3666d">the Financial Times on Sunday.</a>Kimio Maki, head of Sony's electronics businesses, told the newspaper that he expected full automation of production lines at the company's main TV factory in Malaysia to cut costs by 70% by the fiscal year 2023, compared with 2018.Maki said that Sony also wanted to increase its use of robotic automation in smartphone and camera manufacturing, although it would keep some human workers on those production lines.He told the newspaper: "I don't think automation alone using robots will bring enough merits. The key is to use digitalization to link both sales and manufacturing."Sales data would be studied using artificial intelligence to more effectively calculate manufacturing volumes, Maki told the FT.

Sony's televisions will soon be 100% robot-made, according to a report

<ul><li>SPN has announced key transitions in its senior leadership team.</li><li><keyword id="192573" type="PERSON" weightage="20" keywordseo="Rohit-Gupta">Rohit Gupta</keyword> has transitioned from his role as Chief Revenue Officer – Ad Sales and International Business and taken on the responsibility of being SPN’s Advisor to the Management and the Board.</li><li><keyword id="1554863" type="PERSON" weightage="20" keywordseo="Rajesh-Kaul">Rajesh Kaul</keyword>, in addition to his existing role as the Chief Revenue Officer – Distribution and Business Head – Sports, will take on charge of International Sales. Sandeep Mehrotra has been appointed Head - Ad Sales, Network Channels.</li><li>Danish Khan, Business Head – <keyword id="17942" type="COMPANY" weightage="20" keywordseo="Sony-Entertainment-Television">Sony Entertainment Television</keyword>, Digital Business and <keyword id="6983273" type="UNKNOWN" weightage="20" keywordseo="StudioNEXT">StudioNext</keyword> will take additional charge of Network Channels Licensing.</li></ul><keyword id="3186877" type="PERSON" weightage="20" keywordseo="Sony-Pictures-Networks-India">Sony Pictures Networks India</keyword> has revamped its organizational structure, making several leadership changes. These changes are effective immediately. Rohit Gupta has transitioned from his role as Chief Revenue Officer – Ad Sales and International Business and taken on the responsibility of being SPN’s Advisor to the Management and the Board. Rohit’s efforts have contributed immeasurably to the organization over the last two decades, and we thank him for his tremendous contributions to the growth of our network. In this new role, Rohit will be advising senior management on industry trends, developments and work closely with the CEO on various industry issues that could positively impact the company’s strategy and growth. Rajesh Kaul, in addition to his existing role as the Chief Revenue Officer – Distribution and Business Head – Sports, will take on charge of International Sales and will work in-collaboration with the Digital team to expand SPN’s brand presence and reach across the world. Neeraj Arora, currently heading International Sales will now be reporting directly to Rajesh Kaul. Sandeep Mehrotra has been appointed Head - Ad Sales, Network Channels. With an illustrious career, spanning over two and a half decades, Sandeep has a proven record in driving revenues and delivering efficiencies to clients and businesses. Within SPN, he has moved multiple channels, regions and ranks and has invested his time in curating long-term client relationships with a unifocal thought of creating business solutions. In his new role, Sandeep will directly report to the CEO. Danish Khan, Business Head – Sony Entertainment Television, Digital Business and StudioNext will take additional charge of Network Channels Licensing. This alignment will enable an end-to-end view of opportunities at play between channels and digital and thereby enable us in taking decisions, best suited for the network’s growth. <keyword id="11723990" type="UNKNOWN" weightage="20" keywordseo="tushar-shah-business-head">Tushar Shah, Business Head</keyword>, English, Factual Entertainment &amp; Sony AATH, takes on an additional role of the newly created position of Chief Marketing Officer (CMO) for SPN. His expanded role will include taking the corporate brand to the consumer and furthering its reach besides managing his existing channel portfolio. Aditya Mehta, in addition to his current role of Corporate Strategy and Business Development, will spearhead the formation of Data Analytics CoE to strengthen SPN’s approach to being a data driven organization. He would also be responsible for Business Monetization which will leverage the power of data and act as a bridge between Digital &amp; Linear revenue opportunities. Nitin Nadkarni, Chief Finance Officer (CFO) will take additional charge of the Broadcast Operations and Network Engineering (B.O.N.E) department. Kingshuk Bhattacharya - Head, B.O.N.E. will now report to Nitin. Commenting on the revamp, <keyword id="305969" type="PERSON" weightage="20" keywordseo="NP-Singh">NP Singh</keyword>, MD &amp; CEO, SPN said, “SPN has embarked on Vision 3.0 to create a future-ready organization based on a culture powered by corporate values and a management structure backed by an operating model that accelerates growth. All leadership changes announced today are reflective of that evolutionary intent.” Manu Wadhwa, CHRO at SPN added, “The organization remodeling is a result of our constant focus to strengthen our talent and leadership capabilities and will ensure that we stay ahead of the curve in a dynamic media and entertainment industry.”

Sony Pictures Networks India revamps organizational structure, announces key leadership changes

<ul><li><keyword id="3186877" type="General" weightage="20" keywordseo="sony-pictures-networks-india" source="Orion">Sony Pictures Networks India</keyword> (SPNI) and <keyword id="174248" type="General" weightage="20" keywordseo="zee-entertainment-enterprises-ltd" source="Orion">Zee Entertainment Enterprises Ltd</keyword>. (ZEEL) have entered into an exclusive, non-binding Term Sheet to combine both companies’ linear networks, digital assets, production operations and program libraries. </li><li>The combined company would be a publicly listed company in India and be better positioned to lead the consumer transition from traditional pay TV into the digital future.</li></ul>Sony Pictures Networks India (SPNI) and Zee Entertainment Enterprises Ltd. (ZEEL) have entered into an exclusive, non-binding Term Sheet to combine both companies’ linear networks, digital assets, production operations and program libraries. The non-binding Term Sheet provides an exclusive negotiation period of 90 days during which ZEEL and SPNI will conduct mutual diligence and negotiate definitive, binding agreements. The combined company would be a publicly listed company in India and be better positioned to lead the consumer transition from traditional pay TV into the digital future. The <keyword id="42411" type="General" weightage="20" keywordseo="merger" source="Orion">merger</keyword> of ZEEL and SPNI would bring together two leading Indian media network businesses, benefitting consumers throughout India across content genres, from film to sports. The combined company is expected to benefit all stakeholders given strong synergies between ZEEL and SPNI. Under the terms of the non-binding Term Sheet, Sony Pictures Entertainment, the parent company of SPNI, would invest growth capital so that SPNI has a cash balance of approximately USD $1.575 billion at closing for use to enhance the combined company’s digital platforms across technology and content, ability to bid for broadcasting rights in the fast-growing sports landscape and pursue other growth opportunities. Sony Pictures Entertainment would hold a majority stake in the combined company. Current ZEEL Managing Director &amp; CEO <keyword id="599253" type="General" weightage="20" keywordseo="punit-goenka" source="Orion">Punit Goenka</keyword> is to lead the combined company. The combined company’s board of directors would include directors nominated by <keyword id="1192557" type="General" weightage="20" keywordseo="sony-group" source="Orion">Sony Group</keyword> and result in Sony Group having the right to nominate the majority of the board members. It is anticipated that a final transaction would be subject to completion of customary due diligence, negotiation, and execution of definitive binding agreements, and required corporate, regulatory and third-party approvals, including ZEEL shareholder vote.

Sony Pictures Networks India and Zee Entertainment announce merger

<keyword id="6358540" type="General" weightage="100" keywordseo="sony" source="Orion">Sony</keyword> <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword> on Monday unveiled the new BRAVIA X75K television series with 4K Ultra HD LED display and smart <keyword id="162708" type="General" weightage="80" keywordseo="google-tv" source="Orion">Google TV</keyword>. The new X75K TV series is available in 165 cm (65-inch), 140 cm (55-inch), 126 cm (50-inch) and 108 cm (43-inch). The two models which the company launched in India are KD-43X75K and KD-50X75K, priced at Rs 55,990 and Rs 66,990, respectively. "With X75K, you will enter the world of true entertainment and experience thrilling games, movies in beautiful colour and incredible 4K clarity with clear and natural sound," the company said in a statement The TV encompasses the X1 Picture Processor which uses algorithms to cut noise and boost detail, inbuilt with X-Reality PRO and Motionflow XR. It comes with twin speakers that deliver a 20-Watt sound with <keyword id="3167732" type="General" weightage="80" keywordseo="dolby-audio" source="Orion">Dolby Audio</keyword>. Users can have a smart experience with Google TV voice search powered by Google Assistant. It also works with Apple AirPlay 2 and <keyword id="2288904" type="General" weightage="50" keywordseo="homekit" source="Orion">HomeKit</keyword>. The TV series has a minimalist design with flush surface bezel and it is built with the improved X-Protection PRO technology which makes TV safeguarded from lightning strikes and power surges. The company said these models will be available across all <keyword id="4348671" type="General" weightage="50" keywordseo="sony-centers" source="Orion">Sony Centers</keyword>, major electronic stores and e-commerce portals in the country. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/mobile/news/upcoming-new-smartphones-in-india-in-may-2022/slidelist/91263024.cms">Upcoming smartphones launching in India in May 2022</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/every-two-in-three-households-in-india-are-facing-power-outages-amidst-heatwave-and-soaring-temperatures/slidelist/91254825.cms">Every two in three households in India are facing power outages amidst heatwave and soaring temperatures</a>

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