Anil D. Ambani owned Media and entertainment company Reliance Entertainment has elevated Shibasish Sarkar to the new role of group CEO — content, digital and gaming. Sarkar was previously chief operating officer of the studio.
Sarkar had joined Reliance Entertainment in 2007 as its CFO. A chartered accountant by training, he has about 25 years of operational and financial experience across films and TV production and distribution, digital content and gaming. Sarkar has led the company’s attempts to deliver television, digital and animation content to GEC (general entertainment channels) and OTT (over-the-top) video streaming platforms.
Sarkar also orchestrated a change in strategy for the company and stopped acquiring films. Instead he focussed on the joint venture business model with leading Bollywood filmmakers like Rohit Shetty, Imtiaz Ali, Neeraj Pandey, S. Shashikant, Anurag Kashyap, Vikramaditya Motwane, and Madhu Mantena, among others.
Amitabh Jhunjhunwala, Vice-chairman, Reliance Entertainment, stated, “Shibasish has been the backbone of our leadership team for over a decade, and has demonstrated excellent organizational capabilities in establishing and scaling up new business operations. We are confident he will lead the company to new heights in the exciting entertainment landscape of the future.”
Last year, Sarkar also spearheaded the process on behalf of Reliance Entertainment for listing its UK-based gaming company, Codemasters, on the London Stock Exchange.
On his appointment, Sarkar stated, “I am deeply honoured with the trust and confidence reposed in me, and I take this opportunity to thank my extraordinary team, and all partners and associates who have helped build a robust organization. Our goal will continually be to bring entertainment and joy to global audiences across multiple platforms, thereby building great value for all stakeholders.”
Image Credits: The Mint