Star TV chief Uday Shankar to quit at the end of this year


By: Express News Service | New Delhi |

October 9, 2020 12:30:56 am

On his plans for the future, Uday Shankar stated he intends to mentor the subsequent era of entrepreneurs.

A extremely influential determine in world cricket and the head of India’s main media and leisure conglomerate has determined to transfer on. Uday Shankar, it was introduced on Thursday, will likely be stepping down as president of The Walt Disney Company (Asia Pacific) and chairman of Star and Disney India at the end of this year. The official assertion stated that Shankar, over the subsequent three months, will assist to “identify his successor to ensure a smooth transition”.

Widely credited for Star TV’s digital monopoly over the broadcast rights of cricket video games involving India, each at residence and overseas, Shankar hasn’t spelled out his future plans however talked about “mentoring a new generation of entrepreneurs” by partnering “global investors and pioneers” as his doubtless endeavours. Commenting on his determination to step down, Shankar stated, “As I look back on this journey, I take pride in having set ambitious goals in my professional career, and achieving all that we set out to do.”

Known to take unpopular choices and again progressive concepts, Shankar’s legacy at Star could be about his profitable ascents on slippery slopes. Taking over Star India in 2007, his first huge splash was Aamir Khan-hosted discuss present Satyamev Jayate that stood out in the crowd of cleaning soap operas that dominated the leisure area at that point.

However, Shankar’s time at Star may even be remembered for his choices – typically described as audacious – that modified the total sporting ecosystem. Under him, Star launched a number of home sports activities leagues but it surely was the kabaddi enterprise that went on to change into the ‘big idea’ story that drew the consideration of international sports activities promoters. This was adopted by Star’s deep dive into cricket and so they successful the telecast rights of the world’s most well-known cricket event – the Indian Premier League. Once once more, the determination wasn’t a simple one. “I was told IPL had plateaued,” Shankar typically says.

Another leap of religion which gave Star a headstart was his keenness to personal Indian cricket’s digital area. In a current interview to The Indian Express, Shankar had spoken about this. “When we were launching Hotstar, our streaming service, a million people told me: ‘What are you doing? The experience of live sports on a small mobile phone, this doesn’t work. More than 100 million watch one game on Hotstar now,” he had stated.

Having interacted with Shankar extensively, former BCCI CEO Rahul Johri calls him the most profitable media skilled of our era. “He has always been on the front foot of every path-breaking media innovation,” Johri says.

Like all the time, even throughout the ongoing pandemic, doubts had been raised about the TRP IPL might muster. Months earlier than the delayed IPL, Shankar had stated: “It (empty stands) is not a concern at all. I don’t buy it when people say, ‘oh, the experience will be incomplete’.” For the file, the opening recreation of the IPL broke viewership data.

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