Top Story

e4m_logo.png

Home >> International >> Article

Zee Telefilms, Karma Networks form JV

06-August-2001
Font Size   16
Share
Zee Telefilms, Karma Networks form JV

Zee Telefilms, Karma Networks has formed a 20:80 joint venture. The company started with an initial equity capital of Rs 10 crores, will focus on two areas - films and news.

The company aims at establishing two distinct businesses of content, while films will be handled by the division Karma Films and the news and features will be handled by Karma News Network (KNN).

While films will be the focus in the first phase of the company's operations, news will begin in the second phase starting, July 2002.

The first feature film is 'Haasil' starring the latest heartthrob Jimi Shergill and Rishita Bhatt. The Rs 4 crore movie is a campus story and the music score is by Jatin-Lalit. The company plans to complete the film in eight months time and have scheduled the release of the film for January 2002.

The company plans to produce two to three films a year on its own at predetermined and moderate budgets with a time frame of less than a year.

On the news front, Karma News Network (KNN) will be the television news agency on the lines of Reuters and the other agencies alike. Karma News Network plans to build a network of stringers and reporters without employing them on fixed salaries and making them work in an entrepreneurial manner.

Tags

Karthik Raman, Chief Marketing Officer, IDBI Federal Life Insurance, on the brand’s unconventional approach to marketing and priorities for the next year

Vinik Karnik, Business Head - ESP Properties, talked about what went into conceptualising the first edition of the entertainment marketing report, Showbiz

Rahul Jhamb, Brand Head, Forever 21, on how the fast fashion brand always stays on the pulse of latest marketing trends

Heavy spends on OOH and print sum up this year’s ad spends of YLG Salon

Conceptualised and executed by WATConsult, the campaign focuses on how Lotus Make-up is an enabler for women from various walks of life

iProspect released the third annual 2018 Future Focus Whitepaper geared to examine how machines and technology will impact marketing and advertising in the year ahead

Mavcomm Consulting one of India’s leading Public Relations, Reputation Management& Brand Communications company today announced elevation of Pranjal Dutta to the role of CEO