MUMBAI: Multi Screen Media (Sony Entertainment Network) executive VP new media, business development and digital/syndication Nitesh Kripalani has apparently decided to call it a day at the network. He has reportedly put in his papers last week.
Industry sources confirmed the news to Indiantelevision.com. However Kripalani refused to confirm or deny that he had resigned.
The 33 year old was ranked amongst the top 40 under 40 executives in India by Business Today magazine as recently as March this year and he was extremely gung-ho about SonyLiv, which the magazine says contributed 5 per cent to MSM's topline. And he was hopeful of taking that up to 15 per cent in the next three years.
His departure hence was sudden, and surprised many in the industry.
Kripalani joined MSM in 2009 and was directly recruited by the then CEO and now chairman Man Jit Singh. He spearheaded the broadcast network's programming syndication initiatives,contributed to some M&A initiatives, and investment decisions. But his biggest success was with SonyLiv digital platform which serves as a central digital point for all the network's content. Kripalani chose the advertising revenue generation route for SonyLiv which made the going that much more challenging.