ENTERTAINMENT
Ahead of Market: 10 things that will decide stock market action on Monday
Sensex and Nifty ended lower during Muhurat Trading on November 8, snapping a six-session winning streak. Nifty slipped below 25,000 as investors booked profits. However, broader market sentiment remained positive, with 2,716 NSE stocks advancing against 736 declines.
Digital gains fail to offset TV ad slump, sports costs squeeze broadcasters
India's broadcasters continue to expand their digital and subscription businesses, which is not sufficient to offset declining ad revenues. The traditional television sector has been affected by decreasing pay-TV connections and a shift to digital advertising. Companies like JioStar, Zee Entertainment, and Sun TV Network reported mixed financial results amid these challenges. Subscription growth remained strong, but increased programming costs have impacted profitability significantly.
Netflix India's FY26 net up 6% at Rs 90 crore
Netflix India reported a 6% year-on-year rise in net profit to Rs 90 crore in FY26. Total income increased by 17% to Rs 4,477 crore, primarily through subscriber growth. Expenditure also rose by 17%, impacting profit margins and performance. Meanwhile, Los Gatos Production Services India experienced a decline in net profit, indicating challenges in the content production sector.
Zee expands sports portfolio, secures exclusive PGTI multi-platform rights
Zee Entertainment Enterprises has acquired exclusive rights to broadcast the Professional Golf Tour of India. This partnership will feature 20 tournaments and provide up to 120 hours of live coverage. Bavesh Janavlekar stated that this collaboration aims to enhance the visibility of Indian golf. The initiative seeks to reach a broader audience, including both golf enthusiasts and new fans.
Mookuthi Amman 2 Twitter review: 'Engaging first half' or 'total disappointment'? What are netizens saying about Nayanthara's Tamil movie
Mookuthi Amman 2 premiered today. The film features Nayanthara in the title role alongside Regina Cassandra. Early reviews show viewers appreciating the film's mix of devotion, comedy, and action. While many praised the performances and visual effects, some expressed disappointment in the humour and predictability of the plot.
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Supreme Court asks Calcutta High Court to fast-track plea against 10 rebel TMC MLAs
The Supreme Court asked the Calcutta High Court to urgently consider a plea seeking disqualification of 10 Trinamool Congress MLAs under the anti-defection law. Declining to entertain a direct disqualification petition, the apex court allowed senior TMC leader Sovandeb Chattopadhyay to approach the high court and requested expedited consideration by a division bench.

Sony posts 45% Q2 profit rise on movies, games boost
Contributors to the stronger performance, which led the Japanese entertainment and technology conglomerate to hike its full-year profit outlook by 9%, included the hit movie "Spider-Man: Brand New Day".

US midterm election result: Los Angeles gets an Indian-origin mayor; Nithya Raman wins against Karen Bass
Nithya Raman, an Indian-origin candidate, is stirring controversy in the race for mayor of Los Angeles, currently outpacing incumbent Karen Bass. Her progressive agenda, especially concerning homelessness, captures the attention of voters and may lead to a historic victory for the Indian-American population in this major U.S. city.

ENIL's Q2 Ebitda rises 9.5% on cost cuts, lower digital losses
Entertainment Network India Ltd has reported a 9.5% increase in Ebitda and a consolidated revenue of ₹117 crore. Radio contributed a significant 53% of the domestic revenue during the quarter. The digital revenue grew while the Ebitda loss for the digital sector narrowed compared to the previous year. Chief executive Yatish Mehrishi indicated efforts to reshape the company for improved profitability and new growth avenues.

Reels & memes are TV ads & billboards
Advertising has evolved from traditional commercials into reels, memes and influencer content, blurring the boundaries between entertainment and persuasion. As views, shares and engagement become the currency of digital advertising, the distinction between selling a product and selling entertainment is increasingly disappearing, sometimes leaving even advertisers unclear about their message.

Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets extended their rally, with Sensex gaining 384 points to 77,301 and Nifty rising 150 points to 23,961, marking two-month highs. Positive sentiment, strong earnings, festive demand and buying across mid- and small-caps supported gains.

Emomee calls for stronger regulation of children’s digital content
Emomee, a children's entertainment company, emphasises the need for better regulation of digital content for young viewers. The company's founders, motivated by their children's viewing experiences, focus on creating quality educational programming. Recently, Emomee launched a series on Netflix and is exploring global partnerships for distribution. They are also developing physical products and considering live events to engage audiences.

Who is Divit Auluck's father, Dinesh Auluck? Honey Singh's brother is the man behind Punjabi music label Speed Records
Dr Dinesh Auluck, father of Divit Auluck and brother of Honey Singh, is the Managing Director of Speed Records. He has helped popularise Punjabi music and worked with several leading singers. Also associated with Chaupal and Pitara TV, Dinesh has produced films and music videos. His son Divit recently died in a Jalandhar road accident.

EloElo Group raises $80 Million in Series C funding led by Hornbill Capital, NBCUniversal
EloElo Group has successfully raised $80 million in a Series C funding round to expand its AI-driven entertainment ecosystem. The company's focus will be on producing new original content and launching international micro-dramas. With over 40 million active users, EloElo plans to enhance its AI production capabilities through Dolphin AI. The funding will also support the company's aggressive growth strategy across diverse language offerings.

New OTT releases to watch this week: 9 new movies and shows on Netflix, JioHotstar, Prime Video, ZEE5 and more
As November rolls in, streaming platforms are ready with a array of films and series to keep viewers entertained. From laugh-out-loud animated comedies to thrilling spy dramas and musicals, this month has something for everyone. Read on to know when and where to watch these OTT releases of the week online.

Krafton steps up India bets to build next global gaming franchise beyond PUBG
Krafton Inc. is actively investing in India's gaming industry to fuel its growth and develop new titles. The company aims to expand beyond its successful PUBG franchise, which has achieved immense popularity in India. With plans to acquire another studio, Krafton seeks to leverage India's talent pool and expertise in software development. The Bangalore team is expected to grow significantly, aided by advancements in artificial intelligence.

Mahesh Babu picks up stake in gaming startup Shortgun Games
The startup, founded by Jeet Chandan and Vidhit Mehta, is developing its flagship title, Project Takedown, a 10-15-hour action-adventure game set in a near-future Mumbai. The game, designed exclusively for PC and modern console platforms, including PlayStation 5 and Xbox Series X|S, is primarily targeted towards international audiences, including the US, Europe and Japan. The founders expect the game to launch by 2028-end.

Law enforcement to beef up in Dallas entertainment district after shootings and nationwide violence
Law enforcement in Dallas has intensified its presence in Deep Ellum after several tragic shootings occurred. The recent violence resulted in multiple fatalities and injuries during Halloween celebrations. U.S. authorities condemned gun violence nationwide, highlighting a troubling trend in public places. Investigations revealed that most incidents stem from altercations among individuals, leading to senseless tragedies. Elected officials continue to stress the importance of community safety and effective law enforcement measures.

Disney weighs sweeping layoffs, with thousands of jobs at risk as CEO Josh D'Amaro targets 20% cost cuts
Walt Disney is reportedly considering cutting thousands of jobs as part of a cost-saving restructuring initiative. The company's leadership has requested managers to identify 20% in annual cost savings. This decision follows challenges including reduced box office revenue and increased competition in streaming. Disney aims to reallocate some of the savings into film, TV programming, and theme park ventures.

Commercial breaks with common sense
In the realm of media and entertainment, advertising serves as a vital economic engine. Yet, the user experience often deteriorates due to poorly timed ad placements during streaming. Viewers face abrupt interruptions that disrupt their engagement with stories. By strategically positioning ads at narrative junctures, both audience satisfaction and advertiser goodwill could significantly improve.

Who is Pooja Dadlani? Shah Rukh Khan’s manager earns Rs 9 crore annually. She has even managed Deepika Padukone
Today marks the 61st birthday celebration of Shah Rukh Khan, coinciding with the birthday of his dedicated manager, Pooja Dadlani. Since 2012, Pooja has played a pivotal role in managing SRK's film projects and brand partnerships, along with overseeing his production company and IPL team. Her previous experience managing actress Deepika Padukone hints at her expertise, but it’s the strong bond and constant collaboration with SRK that really stands out.

Shah Rukh Khan's Rs 10,000 crore business empire: How the actor makes money beyond films
Shah Rukh Khan Net Worth on Birthday: Shah Rukh Khan's, also known as King Khan, turns 61 on his birthday today Novermber 2. Shah Rukh Khan's wealth extends beyond Bollywood. From Red Chillies Entertainment and Kolkata Knight Riders to brand endorsements, international cricket and investments, here's how the actor has built his business empire.

ED opens money laundering probe against Subhash Chandra in Rs 1,322 crore loan case
The Enforcement Directorate has registered an ECIR against Essel Group chairman Subhash Chandra in an alleged Rs 1,322 crore loan fraud involving LIC Housing Finance. The move follows a CBI FIR over two loan facilities worth Rs 980 crore sanctioned to Essel Group-linked companies in 2018. Zee Entertainment said the case does not affect its operations.

Zee draws line between CBI probe against Subhash Chandra and its business
Zee Entertainment Enterprises has clarified that an Enforcement Case Information Report (ECIR) registered against founder Subhash Chandra in his personal capacity has no bearing on the company or its operations. The development follows an ongoing CBI investigation into an earlier FIR filed by LIC Housing Finance against the promoter entities.

ZEE profit sinks 40% YoY in Q2, but revenue rises on FIFA subscription growth
Zee Entertainment Enterprises faced a sharp drop in consolidated net profit for the quarter ending September 30, 2026, despite a 13% rise in operating revenue to ₹2,225 crore, spurred by FIFA World Cup-related subscriptions. Total costs surged by 18%, largely due to inflated programming and promotional expenses. In a bright spot, ZEE5's revenue surged over twofold, showcasing a successful digital approach.

Zee Entertainment Q2 profit drops 40% to Rs 46 crore as EBITDA margin contracts to 3.2%
Zee Entertainment Enterprises reported a 40% decline in consolidated net profit for the quarter ended September 30, 2026. Operating revenue increased by 13%, largely due to growth in subscription revenue supported by the FIFA World Cup 2026. Total expenditure rose by 18% primarily driven by increased programming and promotional costs. ZEE5, the company's streaming platform, showed significant growth by doubling its revenue year-on-year.

JioStar Q2 profit drops 13.2% to Rs 1,147 crore as margins contract
JioStar's net profit declined 13.2% year-on-year to Rs 1,147 crore in Q2 FY27, despite a 10.1% rise in operating revenue to Rs 6,806 crore. Operating EBITDA fell 10.5%, with margins contracting 600 basis points. JioHotstar averaged 440 million monthly active users, supported by growth in viewership and subscriptions.

Abundantia Entertainment and invideo announce first film of their co-production slate Beta Builder
Abundantia Entertainment and invideo have announced the commencement of production for the film Beta Builder. Directed by Hridaye A Nagpal, this innovative film blends live-action with AI-driven technology. The story follows Jai, a self-taught architect from Dharavi, as he navigates the virtual reality landscape. The film explores themes of ambition and community, highlighting the importance of belonging. With a talented cast, this production marks a significant step into AI-assisted filmmaking.
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