Unfair remuneration

IN Media Watch Briefs | 18/09/2016

The Mumbai-based proxy advisory Stakeholders Empowerment Services (SES) has advised shareholders of the Chennai-based Sun TV Network Ltd to vote against Kavery Kalanithi’s re-appointment as Director at the company’s AGM next Friday, on account of the company’s unfair remuneration practices, reports Business Line. She and her husband Kalanithi Maran draw annual salaries of Rs 71 crore plus each, which is 70 times higher than what is paid to the company's managing director and CEO.

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Amazon resisting voluntary censorship

The new term for self censorship is voluntary censorship, as proposed by companies like Netflix and Hotstar. ET reports that streaming video service Amazon Prime is opposing a move by its peers to adopt a voluntary censorship code in anticipation of the Indian government coming up with its own rules. Amazon is resisting because it fears that it may alienate paying subscribers.

Let the games begin

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