Home Entertainment Shemaroo Entertainment expands senior management workforce, shares up 4%

Shemaroo Entertainment expands senior management workforce, shares up 4%

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Shemaroo Entertainment expands senior management workforce, shares up 4%

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The firm has roped in former Star India government Arpit Mankar as head of non-Bollywood class and Abhishek Joshi as head of its OTT platform ShemarooMe.

Shemaroo Entertainment Ltd. shares gained greater than 4 p.c on Wednesday after the media and leisure firm introduced increasing its senior management workforce by appointing two executives.

The firm has roped in former Star India government Arpit Mankar as head of non-Bollywood class and Abhishek Joshi as head of its OTT platform ShemarooMe because it seems to bolster each its regional and overseas content material  in addition to OTT verticals.


According to a press release, Mankar will develop a content material technique for varied areas in India and overseas. He has greater than 20 years of expertise within the broadcasting and leisure trade. Mankar has labored with Star India Pvt. Ltd., Sony, AXN Networks and Reliance group previously.

Abhishek Joshi will oversee the technique, planning and operations of OTT platform ShemarooMe. Joshi has labored with Sony Pictures Networks India, Reliance Big Pictures, SonyLIV, ZengaTV, and ABP Group.

Joshi will probably be answerable for subscriber acquisition and driving income and can lead a workforce of cross-functional executives.

Shemaroo at the moment operates three TV channels- Shemaroo TV, a Hindi common leisure channel (GEC); Shemaroo Umang, a Hindi channel that provides light-hearted tales concentrating on the ladies;  and Shemaroo MarathiBana, the primary regional channel of the corporate.

According to Shemaroo, digital streaming enterprise contributed 48 p.c of its topline in the course of the earlier monetary 12 months. The firm’s digital platforms have a cumulative subscriber base of over 20 crore.

Shares of Shemaroo Entertainment are buying and selling 3.1 p.c increased at Rs 114.1.

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