IndiaCast has appointed Chief Financial Officer Sanjay Jain as the new head of international business, reports IndiaTelevision. All executives and heads under the International Business section along with outbound sales and international operations teams will report to Jain. Jain has been the CFO at IndiaCast for over 3 years; prior to this Jain has worked with other media groups including TV Today Network, and Zee Turner.
Other top managerial changes:
-IndiaCast’s UK business head Govind Shahi has now been assigned with an additional role of managing US region as its Business Head. Shahi has been with IndiaCast for over 3 years. Prior to IndiaCast, Shahi has worked with other media groups including Health Media and Zee TV.
-The company’s Middle East & Africa (MEA) head Sachin Gokhale will now additionally head its Asia-Pacific (APAC) business operations as well. Gokhale with IndiaCast for over 4 years. Prior to IndiaCast, Gokhale has been with Star TV and Radio Mirchi.
– Debkumar Dasgupta who is currently the Head of International Business and content sales has now been elevated as IndiaCast’s business head of Syndication, New Media & South Asia. Dasgupta has been with IndiaCast for over 4 years. Prior to this, Dasgupta has worked with Viacom’s MTV Networks, and Catvision Products.
TV18 financials: Yesterday, Network18’s broadcasting subsidiary TV18 Broadcast posted a net profit of Rs 82.51 crore for the quarter ended March 31, 2015 (Q1-FY17), compared to the net profit of Rs 78.29 crore from the preceding quarter. This represents a 5.39% increase. On a year-on-year basis, net profit declined 13.57% from Rs 95.47 crore profit in the same quarter last year.
IBNLive to rebrand as News18: Last week, the Reliance Industries owned media network IBNLive said that it has initiated plans to rebrand itself as ‘News18’, as a part of a rebranding exercise which will also see CNN-IBN being renamed CNN News18. IBNLive had been launched on 18th December 2005.
Also Read: How Reliance acquired Network18
Recent appointments at Network18
-This month, Viacom18 had appointed Narayan Ranjan as its chief of staff, from his current CFO role. It has also promoted Soumen Ray from deputy CFO to CFO.
-In April, Flipkart’s Manish Maheshwari joined Web18 as VP and Head of its Seller ecosystem. At Flipkart, Maheswari looked after seller acquisition, enablement and growth and strengthening the seller ecosystem team.