Sony Pictures Networks

Last updated

Culver Max Entertainment Pvt. Ltd.
Sony Pictures Networks
Formerly
  • SET India Private Limited (1995–2007)
  • Multi Screen Media Private Limited (2007–2015)
  • Sony Pictures Networks India Pvt Ltd (2015–2022)
Company type Subsidiary
Founded30 September 1995;29 years ago (1995-09-30)
Headquarters
Mumbai, Maharashtra
,
India
Area served
 Indian subcontinent
Key people
  • Gaurav Banerjee
    (MD & CEO)
  • Nitin Nadkarni
    (CFO)
  • Ashok Nambissan
    (General Counsel)
Parent Sony Pictures Television
Website sonypicturesnetworks.com

Culver Max Entertainment Pvt. Ltd., trading as Sony Pictures Networks India (SPN or SPNI), is an Indian media conglomerate owned by Sony Pictures Television.

Contents

SPN manages and operates 26 television channels, the streaming media platform SonyLIV, as well as the television studio Studio NEXT and film studio Sony Pictures Networks Productions. [1]

History

It was founded on 30 September 1995 [2] as Sony Entertainment Television India Private Limited (SET India Pvt Ltd.). [3] [4] The first channel from the company was Sony Entertainment Television.

In 1999, SET India Pvt Ltd., launched its second channel Sony Max [5] which broadcast Hindi movies and sports events along with Sony Entertainment Television. In 2005, SET India Network bought SAB TV from Sri Adhikari Brothers and rebranded as Sony SAB. [6] In 2006 SET India launched the English movie channel Sony Pix.

In December 2007, SET India Private Limited was renamed as Multi Screen Media Private Limited. [7]

In December 2015, the company was renamed as Sony Pictures Networks India (SPN). [8] [9]

On 24 October 2022, nearly all of Sony's networks underwent a rebranding coinciding with Diwali, replacing the cropped "S" logo used by SET since its launch with the S-curve logo template used by Sony's television networks worldwide since 2019, and first used locally by SonyLIV. [10] [11]

Attempted merger with Zee

On 22 September 2021, Zee Entertainment Enterprises announced that it had reached an agreement in principle to merge its television networks, production operations, digital assets, and program libraries with SPN; the combined company would be majority-owned by Sony, and led by Zee CEO Punit Goenka. [12] [13] On 21 December 2021, the two companies reached a definitive agreement to merge; it was stated that the combined company "should be well-positioned to meet the growing consumer demand for premium content across entertainment touchpoints and platform[s]." [14] Under the agreement, Sony will hold a 51% stake in the combined company, and inherit Zee's public listing on the Bombay Stock Exchange. [15] The companies set a two-year deadline of 21 December 2023 to complete the merger, with a one-month grace period ending 20 January 2024. [16]

In 2022, SPN changed its corporate name to Culver Max Entertainment Pvt. Ltd.; the name is used exclusively by the holding company, which continues to otherwise do business as Sony Pictures Networks. [17] In October 2022, the merger was approved by the Competition Commission of India (CCI); it was reported that Zee had voluntarily agreed to divest or shut down one general entertainment channel as a condition of the approval. [17]

In June 2023, the Securities and Exchange Board of India (SEBI) prohibited Goenka from holding directorial positions in any listed company for one year, amid an investigation into allegations of insider trading; the action was considered to be a potential impediment to the closure of the merger, as he was expected to lead the combined company [18] [19] [20] On 10 August 2023, the merger was approved by the National Company Law Tribunal (NCLT). [15] In September 2023, Sony stated that the merger would be delayed for unspecified reasons. [21] In November 2023, the SEBI lifted its ban on Goenka after an appeal. [18]

On 9 January 2024, amid rumors that Sony was seeking to call off the merger, Zee issued a statement that it was still committed to completing the agreement, and called the reports "baseless". [16] However, on 22 January 2024, Sony issued a notice to Zee effectively terminating the merger proceedings due to, among other reasons, the closing conditions to the merger not being satisfied by the given deadline of 21 January. [22]

Sports

The network forayed into the Indian sports TV market in 2002 after acquiring the media rights for International Cricket Council (ICC) matches from 2002 to 2007, [23] which were broadcast on SET and Sony MAX. [24]

SET / Sony MAX were known for animated Tiger sequences during the live TV match events of ICC Cricket World Cup 2003 - 2007 & ICC Champions Trophy 2006, for example Tiger do Bangra dance when batter hits a six. Sony Max referred the animation as the Deewana Tiger (Mascot) for the channel. [25]

The animation was the brainchild of Vivekananda Roy Ghatak & it was created by 2NZAnimation for the Sony Max. [26]

In 2008, along with Singapore-based World Sport Group, it won the broadcast rights for the IPL for 10 years. [27] In April 2012, it launched its first sports channel Sony Six. [28] In August 2016, SPN acquired the Ten Sports networks from Zee Entertainment Enterprises for $385 million, with the networks rebranded in 2017 under the "Sony TEN" brand, and integrated with Sony Six and Sony ESPN. [29] [30] [31]

General entertainment

In the widespread entertainment category, Sony Entertainment Television (SET) [32] and Sony SAB [33] are the network's premier channels. Offering content from SET and Sony SAB is Sony Pal, [34] a channel targeted towards rural Hindi-speaking markets. Sony YAY! [35] is a kids’ entertainment channel that airs several shows in regional languages.

The network also has a joint venture with BBC Earth to showcase non-fictional programming via Sony BBC Earth. [36] Sony Aath is a premium Bangla entertainment channel centered on showcasing series, films, animated shows and sports events produced or dubbed in Bengali.[ citation needed ] Sony Marathi is a Marathi channel aimed at the Maharashtra audience.

Owned channels

On air channels

ChannelLaunchedLanguageCategorySD/HD availabilityNotes
Sony Entertainment Television 1995 Hindi General EntertainmentSD+HD
Sony SAB 1999Formerly SAB TV
Sony Pal 2014SD
Sony Kal 2022Available in USA & Canada only
Sony Max 1999MoviesSD+HD
Sony Max 2 2014SD
Sony Wah 2016
Sony Sports Ten 3 2010SportsSD+HDFormerly Sony Ten 3
Sony Pix 2006 English Movies
Sony Sports Ten 1 2002SportsFormerly Sony Ten 1
Sony Sports Ten 2 2006Formerly Sony Ten 2
Sony Sports Ten 5 2012Formerly Sony Six
Sony YAY! 2017 Hindi, Tamil, Telugu, Bengali, Kannada, Marathi, Malayalam, Gujarati KidsSDFormerly Animax
Sony BBC Earth 2017 English, Hindi, Tamil, Telugu InfotainmentSD+HDJoint venture by BBC Studios
Sony Sports Ten 4 2021 Tamil, Telugu SportsFormerly Sony Ten 4
Sony Aath 2009 Bengali General EntertainmentFormerly Channel 8
Sony Marathi 2018 Marathi SD

Defunct channels

ChannelLaunchedDefunctLanguageCategory SD/HD availabilityNotes
Sony Mix 20112020HindiMusicSD
Sony Rox HD 20172018HD
Sony Ten 320162022SportsSD+HDRebranded as Sony Sports TEN 3
Ten Cricket20102016Rebranded as Sony Ten 3
Ten ActionEnglishRebranded as Sony Ten 2
AXN 19992020General Entertainment
Sony Le Plex HD 20162018MoviesHD
Animax 20042017KidsSDReplaced by Sony Yay
Sony Ten 120022022SportsSD+HDRebranded as Sony Sports TEN 1
Sony Ten 22016Rebranded as Sony Sports TEN 2
Sony Six2012Rebranded as Sony Sports TEN 5
Sony Kix20152016English, HindiSDRebranded as Sony ESPN
Sony ESPN 20162020English, Hindi, Tamil, Telugu, Bengali, Kannada, MalayalamSD+HDJoint venture by ESPN Inc.
Sony Ten Golf HD20152018English, HindiHDFormerly Ten Golf HD
Sony Ten 420212022 Tamil, Telugu SD+HDRebranded as Sony Sports TEN 4

Streaming platform

In January 2013, the network forayed into video-on-demand with the launch of its OTT platform, SonyLIV. [37] Its library consists of content from the network's channels in India such as SET and Sony SAB, alongside originals such as, Gullak, [38] LIV Shout Out [39] and Holycross. [40] Apart from archival and regional content, movie premieres, short films and LIVE sports are also a part of SonyLIV's offerings.

The platform has crossed 109 million app downloads.

Movies

Sony Max [41] and Sony Max 2 [42] offer Hindi cinema to viewers. Sony MAX showcases world premieres, while Sony MAX HD focuses to Indian viewers who prefer a high definition viewing experience. Sony MAX 2 caters to viewers who appreciate evergreen Indian cinema.

Alongside these, the network offers Sony Pix [43] basing its programming on Hollywood films and Sony WAH, [44] which was a Free To Air movie channel but recently switched back as a paid channel.

Sony Pictures Networks Productions

Set up in 2013, Sony Pictures Networks Productions (SPNP) [45] is the film production arm of the network. It produces cinema for Indian diaspora audiences worldwide. Since 2015, SPNP [46] has produced and distributed films such as

The upcoming films from SPNP include Amaran , Shaktimaan , Kaash Aisa Hota, Advait, Dive and among others.

Studio NEXT

An independent business unit of SPNI, Studio NEXT creates original content and IPs for television and digital media within India and globally. [47] The venture began its journey by producing the debutant season of Kus Bani Koshur Karorpaet , the Kashmiri adaptation of Who Wants to Be a Millionaire? but like other vernacular Indian adaptations, structured more in line with Indian flagship, national adaptation in Kaun Banega Crorepati . [a] Going forward, Studio NEXT will continue to produce new IPs whilst leveraging the existing ones under Sony Entertainment ownership.

Corporate social responsibility

'Ek India Happywala' is the call-to-action under which the network guides its contribution towards society. To create change in society, it focuses on 3 impact areas - Environment, Education and Empowerment. [51]

The network associates itself with several NGOs such as Krida Vikas Sanstha, [52] Cricket Association for the Blind of Maharashtra (CABM) [53] and ConnectEd Technologies to name a few, and undertakes initiatives such as providing clean drinking water to drought-affected areas in Maharashtra [51] and supporting upcoming Indian athletes with equipment and training required to compete at international events among a few.

International presence and distribution reach

SPNI reaches out to over 700M viewers across India and is available in 167 countries. [54]

See also

Notes and references

  1. ↑ Although season 10 of KBC was reported to be co-produced with the legacy, pre-existing production company BIG Synergy by at least 2 sources, [48] [49] the contract-documents from the company noted only the latter [as the producing-entity], [50] as has been the case for preceding seasons. Nevertheless, it remained uncredited on-screen. Thereby, making Kus Bani Koshur Karorpaet their first-ever credited project.
  1. ↑ "Sony Pictures Networks: Life after IPL". Fortune India. Archived from the original on 18 December 2019. Retrieved 25 February 2020.
  2. ↑ "SET India Private Limited Information - SET India Private Limited Company Profile, SET India Private Limited News on The Economic Times". The Economic Times. Archived from the original on 24 October 2021. Retrieved 15 October 2021.
  3. ↑ "NP Singh is Multi Screen Media CEO". @businessline. 3 January 2014. Archived from the original on 29 October 2021. Retrieved 14 October 2021.
  4. ↑ "SET INDIA PRIVATE LIMITED - Company, directors and contact details". Zauba Corp. Archived from the original on 29 October 2021. Retrieved 15 October 2021.
  5. ↑ ""We are getting into an aggressive growth mode now"- N.P. Singh". afaqs!. Archived from the original on 28 October 2021. Retrieved 14 October 2021.
  6. ↑ "Adhikaris sell SAB TV brand to Sony for $13 m". The Financial Express. 15 March 2005. Archived from the original on 20 October 2021. Retrieved 14 October 2021.
  7. ↑ "SET India renamed Multi Screen Media Pvt. Ltd". afaqs!. Archived from the original on 28 October 2021. Retrieved 14 October 2021.
  8. ↑ "Multi Screen Media (MSM) is now Sony Pictures Networks India (SPN)". Indian Advertising Media & Marketing News – Exchange4Media. 14 December 2015. Archived from the original on 25 February 2020. Retrieved 25 February 2020.
  9. ↑ Shah, Gouri (3 January 2014). "N.P. Singh takes over as CEO at Multi-Screen Media". mint. Archived from the original on 29 October 2021. Retrieved 14 October 2021.
  10. ↑ "Sony Pictures Networks India Rebrands Channel Portfolio". BW Businessworld. Retrieved 25 October 2022.[ permanent dead link ]
  11. ↑ Bhadra, Soham. "Sony Pictures Network channels get rebranded with new logos and graphics". dreamdth.com. Archived from the original on 25 October 2022. Retrieved 25 October 2022.
  12. ↑ "Zee Entertainment Approves In-principle Merger With Sony Pictures India". Moneycontrol. Archived from the original on 21 October 2021. Retrieved 21 October 2021.
  13. ↑ "Sony Pictures India to Merge With Zee Entertainment". The Hollywood Reporter. Archived from the original on 22 September 2021. Retrieved 21 September 2021.
  14. ↑ "Sony Pictures Networks, Zee Complete Merger to Create Indian TV Giant". Variety . 22 December 2021. Archived from the original on 22 December 2021. Retrieved 22 December 2021.
  15. 1 2 Ramachandran, Naman; Frater, Patrick (10 August 2023). "Sony-Zee TV Mega Merger in India Is Given Green Light". Variety. Retrieved 20 August 2023.
  16. 1 2 Ksheerasagar, A. (10 January 2024). "Zee Entertainment stock rebounds, gains over 4%; here's why". mint. Retrieved 11 January 2024.
  17. 1 2 "Zee-Sony merger wins CCI approval with modifications". mint. 4 October 2022. Retrieved 7 November 2023.
  18. 1 2 Ramachandran, Naman (31 October 2023). "Sony-Zee $10 Billion Merger Back on Track After Regulator Ban on MD Punit Goenka Lifted". Variety. Retrieved 7 November 2023.
  19. ↑ "Zee shares fall 6% after Sebi order on Subhash Chandra, Punit Goenka". Livemint. 13 June 2023. Retrieved 7 November 2023.
  20. ↑ Frater, Naman Ramachandran, Patrick; Ramachandran, Naman; Frater, Patrick (13 June 2023). "Punit Goenka, Subhash Chandra Barred by Regulators From Holding Management Positions at Zee, as Sony Merger Looms". Variety. Retrieved 7 November 2023.{{cite web}}: CS1 maint: multiple names: authors list (link)
  21. ↑ Ramachandran, Naman (29 September 2023). "Sony-Zee Merger Delayed – Global Bulletin". Variety. Retrieved 7 November 2023.
  22. ↑ Frater, Patrick; Ramachandran, Naman (22 January 2024). "Sony Calls Off $10 Billion Merger With Indian TV Giant Zee Entertainment Enterprises". Variety . Retrieved 22 January 2024.
  23. ↑ "Sony bags World Cup TV rights". The Times of India. 15 February 2002. Archived from the original on 16 April 2018. Retrieved 16 April 2018.
  24. ↑ "Sony to air ICC Champion's Trophy on MAX and SET, no plans for sports channel". exchange4media. 4 April 2002. Archived from the original on 16 April 2018. Retrieved 16 April 2018.
  25. ↑ "For Vivekananda, it's a tiger's tale for the World Cup". The Times of India. 26 February 2003. ISSN   0971-8257 . Retrieved 3 August 2024.
  26. ↑ "Up close with 2nz CEO & Climb Media Creative Director Kireet Khurana -". www.animationxpress.com. Retrieved 3 August 2024.
  27. ↑ "Sony and World Sports Group bag IPL television rights". ESPNCricinfo. 14 January 2008. Archived from the original on 13 April 2019. Retrieved 16 April 2018.
  28. ↑ Bhat, Varada (21 March 2012). "Coming from Sony: Sports channel named Six". Business Standard India. Archived from the original on 16 April 2018. Retrieved 16 April 2018.
  29. ↑ Menon, Bindu (31 August 2016). "Sony Pictures acquires Ten Sports for $385 m". @businessline. Archived from the original on 7 November 2021. Retrieved 16 July 2021.
  30. ↑ "Zee completes 1st phase of sale of TEN sports to Sony Pictures". The Financial Express. 28 February 2017. Archived from the original on 31 October 2022. Retrieved 16 July 2021.
  31. ↑ "Sony Pictures Networks India to Acquire Ten Sports for $385 Million". The Hollywood Reporter. 31 August 2016. Archived from the original on 24 February 2018. Retrieved 16 April 2018.
  32. ↑ "SET India - Indian Television, Hindi Serials, TV Shows & Live Reality Soaps| Entertainment Channel". setindia.com. Archived from the original on 26 February 2020. Retrieved 25 February 2020.
  33. ↑ "SAB TV". sabtv.com. Archived from the original on 25 February 2020. Retrieved 25 February 2020.
  34. ↑ "Sony Pal Information". Archived from the original on 25 April 2020. Retrieved 25 February 2020.
  35. ↑ "Sony YAY! turns 2 - Exchange4media". Indian Advertising Media & Marketing News – exchange4media. Archived from the original on 6 August 2020. Retrieved 25 February 2020.
  36. ↑ www.ETBrandEquity.com. "It is official! Sony BBC Earth launches in India - ET BrandEquity". ETBrandEquity.com. Archived from the original on 25 February 2020. Retrieved 25 February 2020.
  37. ↑ "SonyLIV launches video-on-demand service". 22 January 2013. Archived from the original on 25 February 2020. Retrieved 25 February 2020.
  38. ↑ "SonyLIV launches new Hindi original webisode series, Gullak - Exchange4media". Indian Advertising Media & Marketing News – exchange4media. Archived from the original on 25 February 2020. Retrieved 25 February 2020.
  39. ↑ "SonyLIV brings its first ever unscripted original, LIV Shout Out with Aditya Narayan". MediaNews4U. 14 February 2020. Archived from the original on 25 February 2020. Retrieved 25 February 2020.
  40. ↑ Rajesh, Srividya (24 January 2019). "Tarun Gahlot in Holy Cross, Vikram Bhatt's web-series for SonyLIV". IWMBuzz. Archived from the original on 25 February 2020. Retrieved 25 February 2020.
  41. ↑ "SONY MAX - Deewana bana de". sonymax.tv. Archived from the original on 24 December 2019. Retrieved 25 February 2020.
  42. ↑ "Sony MAX2". sonymax2.tv. Archived from the original on 28 September 2020. Retrieved 25 February 2020.
  43. ↑ "Sony PIX". sonypix.com. Archived from the original on 25 February 2020. Retrieved 25 February 2020.
  44. ↑ "SONY WAH". sonywah.tv. Archived from the original on 10 March 2020. Retrieved 25 February 2020.
  45. ↑ "SPN Productions". spnproductions.in. Archived from the original on 15 May 2021. Retrieved 25 February 2020.
  46. ↑ "Sony Pictures Networks Productions unveils two new releases for 2018". TelevisionPost. 5 April 2018. Archived from the original on 25 February 2020. Retrieved 25 February 2020.
  47. ↑ Laghate, Gaurav (28 August 2018). "Sony Pictures launches separate content unit". The Economic Times. Archived from the original on 11 April 2020. Retrieved 25 February 2020.
  48. ↑ "Sony's production house Studio Nxt to co-produce KBC 10". INDIANtelevision.com. 29 August 2018. Archived from the original on 9 July 2021. Retrieved 6 July 2021.
  49. ↑ Saini, Sonam (29 August 2018). "SET signs 8 sponsors for KBC 10, 65% inventory sold before launch". exhange4media. Archived from the original on 15 July 2021. Retrieved 6 July 2021.
  50. ↑ Such as this one. Archived 9 July 2021 at the Wayback Machine
  51. 1 2 "Sony Pictures Networks India Takes a Step Towards Change - Provides over 20,00,000 litres of Potable Water to Villages in Maharashtra". Indian Television Dot Com. 3 June 2019. Archived from the original on 25 February 2020. Retrieved 25 February 2020.
  52. ↑ "The SPN National Inclusion Cup 2019 a CSR Initiative of Sony Pictures Networks India". businesswireindia.com. Archived from the original on 25 February 2020. Retrieved 25 February 2020.
  53. ↑ "Sony Pictures Networks associates with the Cricket Association for the Blind of Maharashtra for the state level cricket tournament". Sony Pictures Networks. Archived from the original on 25 February 2020. Retrieved 25 February 2020.
  54. ↑ "Sony Pictures Networks India Enters Into a Licensing Agreement With The Indian Performing Right Society Ltd". businesswireindia.com. Archived from the original on 25 February 2020. Retrieved 25 February 2020.

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