Raj Nayak steps down as COO of Viacom18
Nayak could not be reached for comments, however, media reports have cited that he has put in his papers
Published - Nov 20, 2018 9:06 AM Updated: Nov 20, 2018 9:06 AM
Raj Nayak, Chief Operating Officer (COO), Viacom18, has reportedly decided to move on. Nayak could not be reached for comments, however, media reports have cited that he has put in his papers.
With a career spanning over 25 years, Nayak has turned around the fortunes of several media companies in the television industry.
Known for his creative and business acumen, Nayak steered Viacom18 flagship brand Colors to the leadership position as its CEO for over 7 years. During this period, he is known to have taken bold decisions: greenlit some of the biggest cutting-edge shows on Indian television such as the Indian version of Hollywood blockbuster 24, first scripted fiction show Amna Samna, Madhubala, Udaan, Ashoka, Shakti, Naagin, The Anupam Kher Show, Mission Sapne, Rising Star (India’s first live interactive reality show), The Golden Petal Awards, The Indian Television Awards, The Colors Stardust Awards, IIFA and Filmfare Awards.
As per industry sources, a recent reshuffling of portfolios could perhaps be one of the reasons for Nayak quitting.
Before joining Viacom18, Nayak formed Aidem Ventures, an independent media consulting and sales & marketing company. Prior to forming his own venture, Nayak was the CEO of NDTV Media Limited for a period of over seven years. He was the founding member of the Star TV Group in India, where he spent close to 10 years. As the Executive Vice President, Sales & Marketing, he was responsible for strategy, packaging and marketing for all Star channels as also the revenue for the group.
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