Tony D'Silva, Star's head of distribution is set to join Kalanithi Maran's direct-to-home (DTH) venture as CEO.
D'Silva put in his papers today and will be serving a notice period. Sun officials also confirmed that he would be joining Sun Direct as CEO.
Maran is planning to launch his DTH service in June. Malaysia-based Astro has taken a 20 per cent stake in Sun Direct and is investing $166 million (around Rs 7.47 billion) in the project. The joint-venture's peak funding is estimated to be $670 million, spread over the first five years of operation.
D'Silva joins the long list of exits from Star India that include Star Group India CEO Peter Mukerjea and Star Entertainment India CEO Sameer Nair. While Mukerjea will be heading a media venture backed by a clutch of investors, Nair has joined NDTV Group to head their entertainment business.
D'Silva put in his papers today and will be serving a notice period. Sun officials also confirmed that he would be joining Sun Direct as CEO.
Maran is planning to launch his DTH service in June. Malaysia-based Astro has taken a 20 per cent stake in Sun Direct and is investing $166 million (around Rs 7.47 billion) in the project. The joint-venture's peak funding is estimated to be $670 million, spread over the first five years of operation.
D'Silva joins the long list of exits from Star India that include Star Group India CEO Peter Mukerjea and Star Entertainment India CEO Sameer Nair. While Mukerjea will be heading a media venture backed by a clutch of investors, Nair has joined NDTV Group to head their entertainment business.
2 comments:
Whoever heads the organization that does not matter unless there is absence of thrust on the customer service. The SUN TV Direct is facing a great problem of very very deplorable customer care services.The CEO must look into this aspect otherwise hw will prov to be a failed CEO
Sanjeeb Panigrahi
DELHI
Whoever heads the organization that does not matter unless there is absence of thrust on the customer service. The SUN TV Direct is facing a great problem of very very deplorable customer care services.The CEO must look into this aspect otherwise hw will prov to be a failed CEO
Sanjeeb Panigrahi
DELHI
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