Here is your daily round-up of the news that matters in the marketing, media and advertising world, brewed hot & fresh in just 60 seconds.

Top Headlines of the day:

1. Sony Pictures Network Reports Total Revenue Of Rs 6309.9 Crore
Sony Pictures Network India posted a total revenue of Rs 6309.9 crore in the financial year 2018-19 with a recorded profit after tax of Rs 346.4 crore, according to exchange4media. Compared to the previous year, the broadcaster witnessed a decrease of 1.84% in total revenue and 22.54% in profit.

2. Radio Mirchi Reports Revenue Growth Of 33.9%
Radio Mirchi’s parent company, Entertainment Network India Limited has reported a revenue decline of 5.7% to Rs 113.9 crore year on year. As per The Times of India, Mirchi’s core radio revenues have declined 7% while the solutions business reported a revenue growth of 33.9%.

3. Ad Stalwart, Ram Ray, Passes Away
Advertising personality, Ram Ray, passed away today. He was the founder and chairman of Response India Private Limited. Ray spent 40 years at JWT India and USA, Clarion and Response.

4. Pizza Hut India Moves Creative Account To Creativeland Asia
Pizza Hut India moves creative account from Ogilvy & Mather India to Creativeland Asia, as reported by exchange4media.

5. Publicis India Elevates Suraj Pombra as Executive Director
Publicis India has elevated Suraj Pombra as executive director. Pombra also takes over the role of market acceleration lead at Publicis Emil. He will manage brands under Publicis Capital including LOréal and Zee5 India among others.