Log has written
WEDNESDAY, FEBRUARY 15, 2012

New Delhi: Kunal Dasgupta, chief executive officer of Multi Screen Media, the television network business in India for Sony Pictures Television International, has quit the company with immediate effect at a time when it is trying to settle on-air sponsorship row with Indian Premier League.

The company in a statement said, Dasgupta is resigning due to personal reasons. It has now appointed Man Jit Singh, as chairman of the board of Multi Screen Media (MSM), to assume Dasgupta’s CEO duties on an interim basis.

Singh will lead the search for a new CEO, it added.

Since 1995 Dasgupta has been heading Sony Entertainment Television (SET), which later became MSM. His immediate departure comes at a time when the IPL governing council has sought clarifications from MSM over allegations by Reliance ADAG firm, Big TV of not giving it the first right to on-air sponsorship.

Big TV, which had signed up with IPL for on-ground sponsorship for Rs137 crore, had pulled out from the T20 league after Sony had signed an exclusive Rs30 crore deal with its rival Airtel Digital.

Repeated calls made to Dasgupta remained unanswered.

According to industry sources, top management at MSM was not happy with the way IPL is working in its season two.

READ MORE ARTICLES BY:
blog comments powered by Disqus
Inflation at 2-year low; risks remain
Fall increases chances of monetary easing by RBI; analysts warn macroeconomic risks could reverse trend
Home, auto and personal loans see sharp fall in growth
The year-on-year loan growth to capital-intensive industries slowed to 19.8% between December 2010 and...
Banks oppose Irda norms on retailing policies
With banks starting their own insurance ventures, non-bank promoted insurers have been finding it difficult...
Tata Motors net profit up on strong JLR sales
The company’s profit soars 41% to a record high of Rs 3,406 crore in the three months ended December
RBI warns on bad loans, but says situation not alarming
Sinha said it will be more challenging for banks to find equity investors after the stricter capital...