Television

Essel Group's E-City plans to invest Rs 2.5 billion

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2016/02/15/Untitled-1_2.jpg?itok=Ru_sg8Fm

NEW DELHI: E-City Ventures, part of the $5 billion Essel Group, which is promoted by Subhash Chandra, today announced a Rs 2.5 billion expansion of business across India.

The group had earmarked over Rs 5 billion for investment by 2008, of which Rs 2.5 billion has already been invested.

E-City Ventures will be the corporate brand used to identify the following lines of business of the Essel Group in out-of-home realty development (E-City Entertainment (I) Pvt. Limited), mall-based property management (E-City Property Management Services Pvt. Ltd.), digital cinema solutions 

(E-City Digital Cinemas Pvt. Ltd.), film distribution (E-City Films Pvt. Ltd.) and movie exhibition (Fun Multiplex Pvt. Ltd.).

"We are essentially in the cinema business, but have learnt to do the cinema business in a better way by entering related and allied industries, thereby, maximizing value and yet reducing the level of risks", E-City Entertainment (I) Pvt Ltd CEO Atul Goel told journalists here today.

According to Goel, the above-mentioned businesses of E-City Ventures mesh very well with the idea of an "integrated approach to the business of entertainment."

E-City Entertainment aims to be the best out-of-home entertainment and leisure destination provider through its Family Entertainment Centres (FECs).

The company proposes to develop and operate 20,00,000 sq. ft. of commercial realty across six FECs (under the brand - Fun Republic) by December 2007. The offerings include a wide variety of leisure, entertainment, recreation and shopping options under one roof. 

Fun Multiplex Pvt. Ltd harbours the aim to the finest entertainment experience provider, enabling superior cinema viewing and real time leisure experiences to its patrons by combining the best in technology, comfort, leisure and hospitality. The complete outlay by second quarter 2008 would have 140 screens operational in 35 locations.

E-City Films Pvt. Ltd recently distributed Alexander (December 2004), One Dollar Curry (February 2005), Million Dollar Baby (March 2005) and Sahara (July 2005).

It aims to nationally distribute around 15-20 movies a year, being a strategic link between independent studio productions and Indian theatre audiences, Goel said.

The company looks forward to banking on its existing synergies in entertainment and retail operations and offering mall management services, project development assistance, retail leasing and brokerage services and related advisory and research support. 

The Essel Group has four core business interests--- media, entertainment, industry and real estate. One of the recent projects of the group has been the launch of a daily English newspaper, DNA, for the Mumbai market.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/21/drapers.jpg?itok=pXdUPmXG
“Meet the Drapers”, the crowdfunding reality show by Sony Entertainment Television, is again on the hunt for the next big idea; Season 2 going global

“Meet the Drapers” Season 1 debuted the world’s first crowdfunding-based startup reality show in 2017-2018, featuring the Drapers -- Silicon Valley’s legendary VC family - and was an immediate success in the Americas.

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/21/top.jpg?itok=iVD9gYfB
Kids most benefited genre in Chrome DM week 46

With a growth of 1.07 per cent, the kids genre in all India 1 lakh+, marked the highest opportunity to see (OTS) among all categories in week 46 of Chrome Data Analytics and Media. Discovery garnered the highest OTS in kids’ genre with 90.5 per cent.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/20/ra.jpg?itok=DxzPxtHB
Viacom18 confirms the departure of Raj Nayak

In an official statement released to the media, Viacom18 confirmed the departure of Raj Nayak, the media network’s Chief Operating Officer.

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/20/sony.jpg?itok=XlwZkCP5
Sony Pictures Networks India gears up for the India tour of Australia with engaging programming initiatives

For the year ending high-octane cricket series between India and Australia, Sony Pictures Networks India (SPN), will be undertaking several initiatives to enhance the viewing experience and increase engagement with cricket enthusiasts across the nation.

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/20/sagnik.jpg?itok=kKMr0u3H
Sony Entertainment Television appoints Sagnik Mukherjee as AVP marketing

Sagnik Mukherjee is set to join Sony Entertainment Television as associate vice president marketing, a source close to the development confirmed to Indiantelevision.com.

Television TV Channels People
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/20/raj-nayak.jpg?itok=ZDdRSmtK
Viacom18 COO Raj Nayak quits

Colors' Big Boss has quit, according to media reports. We are talking about Viacom18 COO Raj Nayak, who is the brain behind the most popular reality show Big Boss.

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/19/NG.jpg?itok=K2t16PB_
Monuments Turn Red, As National Geographic Raises an Alarm for Planet Conservation

Glaciers are melting, sea levels are rising, pollution in various parts of the world is at its peak, and tonnes of plastic waste is in the oceans.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/20/joy.jpg?itok=tz_9y8_I
Network 18's Joy Chakraborthy steps down

Forbes CEO and Network 18 President(Revenue) Joy Chakraborthy has stepped down from his role, according to media reports.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/19/jony.jpg?itok=pT_heat_
Sony BBC Earth hosts the extraordinary Natural History Producer and Global Storyteller, Jonny Keeling, in India

Sony BBC Earth, India’s No. 1 factual entertainment channel and home to the most iconic and premium content, continues to deliver to its promise of making the viewers ‘feel alive’.

Television TV Channels Factual @ Discovery

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories