Leckie passes away

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Zee files $8 million counterclaim against Star India in ICC media rights dispute

By Staff Writer in Media News on
Zee Entertainment Enterprises Limited (ZEEL) has filed an $8 million (approximately Rs 70 crore) counterclaim against Star India, in an ongoing arbitration over the failed ICC media rights agreement. According to Business Today, the counterclaim seeks to recover Rs 69 crore paid by ZEEL under the disputed contract. The disagreement stems from an Alliance Agreement signed in August 2022, under which Star was to sub-license TV broadcasting rights for ICC men’s cricket events from 2024 to 2027 to ZEEL. The deal fell apart in June 2024, with Star terminating the agreement, alleging contractual breaches by ZEEL. In March 2024, Star initiated arbitration, demanding enforcement of the agreement or damages amounting to $940 million. ZEEL has refuted the claims, arguing that the deal became void due to Star’s alleged failure to meet its commitments. The matter is currently being heard by a three-member tribunal at the London Court of International Arbitration (LCIA). Star alleges t

NDTV Profit to Host the Investors Budget Event 2025

By Staff Writer in Media News on
NDTV Profit recently hosted a special live event titled ‘NDTV Profit Budget 2025: Investors’ Guide.’ The interactive program was designed to help investors gain valuable insights and practical advice ahead of the Union Budget 2025. The event reported by Adgully will feature prominent financial experts, including legendary investors Ramesh Damani, Prashant Khemka (founder of Whiteoak Capital) and Nilesh Shah (founder and CEO of Envision Capital). They will discuss key sectors to watch, factors contributing to India's growth, and strategies for navigating global economic uncertainties. In the segment ‘Ask Profit – What to Buy Ahead of the Budget,’ experts like Gautam Shah (Founder, Goldilocks Premium Research) and Kush Bohra (market strategist) will share sector-specific recommendations and help viewers identify investment opportunities. Another key highlight is Saurabh Mukherjea, Founder & CIO of Marcellus Investment Managers, who will offer advice on investment str

India's DPDP rules a new global standard: Ashwini Vaishnaw

By Staff Writer in Media News on
IT Minister Ashwini Vaishnaw has termed the country’s Digital Personal Data Protection (DPDP) rules a potential “global template.”   Vaishnav emphasized the ability of  DPDP rules to balance fostering innovation with robust regulation in an exclusive interview with CNBC-TV18 at the World Economic Forum in Davos. He also highlighted how this inclusive approach created a flexible and adaptable framework.   Criticizing the European Union’s GDPR (General Data Protection Regulation) for stifling innovation, Vaishnaw remarked, “Even at Davos, a senior leader said this is the template the world will follow now—not the GDPR anymore. India’s rules adopt a practical, principle-based approach to addressing the rapidly changing technological landscape.”  Vaishnaw stressed the importance of flexibility, stating, “Technology will change. We must not hardcode things; instead, the rules must remain adaptable.”   The DPDP framework ensures efficient implementation an

Will President Trump’s tariff war be good for India?

By Pradeep Damodaran, Pragadish Kirubakaran and Neeraja Gopalakrishnan in Media News on
US President Donald Trump has warned business barons at the World Economic Forum in Davos, Switzerland that they will face tariffs if they make their products abroad. According to a report in the Hindustan Times, Trump said, “My message to every business in the world is very simple, come make your product in America and we will give you among the lowest taxes of any nation on Earth... But if you don’t make your product in America... then very simply, you will have to pay a tariff.” While a lot has been discussed about Trump's return and what it could mean for India, R Jagannathan, a columnist for The Times of India, argues that it could be "Modi's 1991 Moment" for pushing reforms aggressively and cites the US sanctions post-nuclear tests that actually worked in accelerating reforms. "We must accelerate the momentum of reforms the same way Manmohan Singh and Narasimha Rao did in 1991, and as Vajpayee did in the early 2000s when the US sanctioned India post-nuclear tests,"

Tamworth Festival honors Ray McCoy with Hall of Fame induction

By Staff writer in Media News on
Ray McCoy, the Drive host on Radio 88.9/99.5 FM, has been inducted into the Australian Country Music Broadcasters’ Hall of Fame at the 53rd Tamworth Country Music Festival, Radio Info reported. This prestigious honor recognizes broadcasters who have significantly contributed to the growth and promotion of Australian country music. George Frame, CEO of Radio 88.9/99.5, praised McCoy for his significant contributions to the country music industry, saying, "Ray, you have carried the torch of country music as we’ve seen it progress into the mainstream of music in this country. Well done, mate." Frame’s words highlight McCoy's vital role in shaping the success of Australian country music over the years. A passionate advocate for country music, McCoy has been instrumental in bringing the genre into the Australian mainstream and helping it earn a prominent place on national music charts. In addition to his Drive show, McCoy co-hosts The Hottest Australian Country Hits and The Americ

Alex Cullen leaves Nine after $50K gift controversy

By Staff writer in Media News on
  Alex Cullen has left Nine following a controversy over accepting a $50,000 gift from billionaire Adrian Portelli, Mediaweek reported. The incident occurred after Cullen jokingly referred to Portelli as “McLaren Man” during a segment on Today. Portelli, who wanted to shed his “Lambo Guy” image, offered the money to the first journalist to call him that. After the exchange, Nine took disciplinary action sidelining Cullen and requesting the money be returned. Following a review, the network confirmed Cullen's departure citing breaches of policies regarding third-party commercial arrangements. Nine also reminded its staff about these policies.  Cullen's exit marks the end of his five-year tenure with the Today Show with colleague Karl Stefanovic describing him as a "terrific fella" and expressing regret over his departure. Portelli later donated the $50,000 to charity on behalf of Cullen according to his instagram post.  

Profile: Journalism to Silicon Valley - The right call for Plunkett

By Will McLennan in Media News on
Sandy Plunkett remembers the daunting move from Australia to Silicon Valley almost 30 years ago to enter the venture capital world.  At the time, Plunkett was the editor of Business Review Weekly (BRW), Australia’s most popular weekly business magazine and she’d carved out a reputation as one of the most influential journalists in Australia covering the technology sector. “Moving across to Silicon Valley definitely opened my eyes. I dropped a lot of the naivety and any ideology I had - that was significantly reduced. And in return, what I got was a good dose of realism for me,” she said. “The business side of it was incredibly eye-opening for me. So, I don't think I could be proud of my writing now without having that VC experience.” The opportunity to move into the venture capital world came for Plunkett in 1996. She said she was first persuaded to join the VC firm Allen & Buckridge by its two owners, Roger Allen and Roger Buckridge.  “The two Rogers [Allen

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Tamworth Festival honors Ray McCoy with Hall of Fame induction
Ray McCoy, the Drive host on Radio 88.9/99.5 FM, has been inducted into the Australian Country Music Broadcasters’ Hall of Fame at the 53rd Tamworth Country Music Festival, Radio Info reported.  ... Show more

Alex Cullen leaves Nine after $50K gift controversy
Alex Cullen has left Nine following a controversy over accepting a $50,000 gift from billionaire Adrian Portelli, Mediaweek reported. ... Show more

ABC chief content officer Chris Oliver-Taylor announces departure
ABC chief content officer Chris Oliver-Taylor has announced his decision to leave the organisation after overseeing a period of transformation and growth within the ABC’s content teams, a media release from the organisation confirmed.  ... Show more

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Sling & Stone founder and CEO Vuki Vujasinovic will step down on January 1 after leading the agency for over a decade. ... Show more

Robbie Brammall departs MONA after eight years
Robbie Brammall has announced his departure from Tasmania’s Museum of Old and New Art. He served as director of marketing and communications at MONA for eight years. ... Show more