- Star today promoted its chief operating officer Uday Shankar to the post of CEO and moved up its senior vice president Jadgish Kumar to fill in Shankar’s vacancy.
- Printo has received a second round of funding of Rs. 250 million (around $6.25 million) from Sequoia Capital to help fund its national expansion. The company has charted out a national expansion plan that they expect will cost them around Rs. 1000 million (around $25 million).
- UTV reported Interactive revenues of Rs. 10.04 crore for the quarter ended September 30 2007. UTV Interactive includes earnings from the companys Gaming, Animation, Post-Production and SFX businesses.
- Mahesh Samat has been named the Managing Director of the Walt Disney Company (India). Samat over twenty years of experience across India, Asia-Pacific and Europe, and joins from Johnson & Johnson, where he was MD for Southern Europe, based out of London. Before that, he has worked with Kellogg’s for India, Warner Lambert/Parke-Davis and Boots India Limited. He’s an IIM graduate. Samat will be based out of Mumbai, and report to Walt Disney International President Andy Bird. He’ll be responsible for all of the existing Disney businesses in India, except the ESPN-Star Sports joint venture.
