Here is your daily round-up of the news that matters in the marketing, media and advertising world, brewed hot and fresh in just 60 seconds.
Top Headlines Of The Day:
Star India Posts 30% Jump In Revenue For FY18-19
Star India posted a 30% jump in total revenue to 11,956 crore rupees for the financial year 2018-2019, according to exchange4media. The company also reported a total expenditure of 12,930 crore rupees for the fiscal year.
Twitter Rolls Out ‘Hide Replies’ Tool
Twitter has rolled out its ‘hide replies’ feature worldwide in an attempt to improve interactions on the platform. As noted by Bloomberg, the tool will allow users to keep spammers away and hide inappropriate replies.
Jagdeep Dighe, BARC India, Passes Away
Jagdeep Dighe, Senior VP, Marcom and Business Development Sales, BARC India, passed away yesterday in Mumbai. Dighe joined BARC during its inception and worked closely with former CEO, Partho Dasgupta.
Dream 11 Spent Rs 785.08 crore On Advertising
Fantasy sports platform, Dream11, reported a revenue of 775 crore rupees for the financial year 2018-2019. According to media reports, the company spent more than 785 crore rupees on advertising and promotions during the fiscal year.
Varun Goswami Joins Facebook As Creative Strategist
Varun Goswami, executive creative director, at Uber India and South Asia has quit. As reported by exchange4media, he will be joining Facebook as Creative Strategist.