Viacom18 Media Pvt Ltd has announced the appointment of Ravish Kumar as General Manager and Head of its to-be-launched Hindi movie channel. Kumar takes charge from August 3, 2011 and will be reporting into Raj Nayak, CEO, Colors. The new channel is slated to go on air in the last quarter of this year.
STAR India and NDTV Group have signed an agreement for the ad sales function of the NDTV news channels – NDTV India, NDTV 24x7 and NDTV Profit. It is understood that a five-year agreement has been signed, which can be extended based on mutual agreement. This is effective immediately.
Aidem Ventures has appointed M Suku as Executive Vice President, reflecting the company’s expansion into new emerging media, markets and verticals. Prior to this appointment, Suku was with Reliance ADA Group, where he was the Head of Media & Alliances.
NDTV Ltd and NDTV Media Ltd, headed by Raj Nayak, are entering into a fresh arrangement that is beneficial to both organisations. Nayak and his team are setting up a separate new media company, called AIDEM Ventures Pvt Ltd. Under the new arrangement, NDTV will save substantially on costs and will have greater control of its sales operations while working very closely with Nayak’s new organisation.