The new venture will invest in online education and healthcare for a start.
14 Jan, 2021 - 12:21 PM IST | By indiantelevision.com Team
MUMBAI: So Uday Shankar is getting his skin into a bigger game. After building Star India into a major player in the Indian market, the man is partnering with his former boss James Murdoch’s Lupa Systems for a new venture which would invest in Indian media and technology Indian start-ups, according to a PR Newswire release. Murdoch has plied the $2 billion he got (after the sale of Twenty First Century Fox’s entertainment assets to Disney) into Lupa Systems, which has already made a few investments in India.
31 December 2020. A chapter ended in the history of Disney Star India. According to public announcements by the mouse house, it was the last working day for chairman Uday Shankar at Star India, a company he steered – along with the Murdochs – into its arms over a decade.
Broadcast organisations were forced to pivot around streaming and going direct to consumers.
22 Dec, 2020 - 07:57 AM IST | By Gargi Sarkar
KOLKATA: If there s one signal that 2020 strongly gave: it was that consumption of content via streaming, both video and audio, is here to stay. And media and entertainment organisations globally have to pivot around that change in viewing that has taken strong root; that they have to go direct to consumer.
Yes, the doomsayers have for a few years been shouting from the rooftops that the days of TV are numbered, considering the rash of consumers who have cut the cord on cable and satellite TV. Yes, media conglomerates have been pottering around with digital, not fully confident that Netflix’s streaming gambit is the future. But the Covid2019-induced lockdown, which accelerated digital adoption by a few years, not only allowed OTTs to take flight and soar, it also gave linear TV a new lease on life.