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Vir Das becomes first Indian to host International Emmy Awards

Indian stand-up comedian and actor Vir Das has made history by being announced as the host for the 2024 International Emmy Awards, becoming the first Indian to take on this prestigious role. The announcement was made by the International Academy of Television Arts & Sciences on September 11, 2024. The ceremony is set to take …

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Sony Confirms Termination of $10 Billion Merger Deal with Zee Entertainment, Legal Battle Looms

Sony Corporation officially announced on Monday the termination of its proposed $10 billion mega-merger deal with Zee Entertainment, marking the collapse of the ambitious alliance that aimed to create India’s largest entertainment company. The agreement was intended to provide substantial financial prowess, positioning the unified entity to compete with global streaming giants like Netflix Inc. …

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Netflix’s Ad-Supported Plan Grows to 15 Million Users, Surpassing Expectations

Netflix has reported a significant increase in the popularity of its ad-supported subscription tier, revealing that it now boasts 15 million monthly active users worldwide. This marks a threefold growth from the figures disclosed in May and demonstrates notable progress as Netflix approaches the one-year mark since introducing this more affordable option. In response to …

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Netflix Inks Multi-Year Content Partnership with Yash Raj Films Amid Streaming Competition

Amidst the escalating competition in the streaming industry, Netflix has inked a multi-year creative partnership agreement with the renowned movie production company, Yash Raj Films (YRF). This collaboration will encompass the joint development of both movies and series. The maiden project emerging from this partnership is “The Railway Men,” a four-part thriller series starring R. …

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Netflix to stream Alia Bhatt-starrer ‘Darlings’ on 5th August

The debut production of actor Alia Bhatt, Darlings, in which she also stars, will launch on the American streaming service Netflix on August 5. Red Chillies Entertainment, a production company owned by Shah Rukh Khan, worked with the actors Shefali Shah, Vijay Varma, and Roshan Matthew to co-produce the movie. Eternal Sunshine Productions, Bhatt’s production …

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Netflix dismisses 300 more workers in its latest wave of layoffs

In an effort to contain costs in the face of uneven membership growth, streaming behemoth Netflix Inc. terminated another 300 workers. Across the company, there will be job losses, with majority of the US-based employees being impacted. Compared to the cut the streaming giant made last month, this one is twice as big. The news …

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