Gaurav Banerjee to Lead Sony Pictures India Till 2029

Gaurav Banerjee will continue as Managing Director and CEO of Sony Pictures Networks India (SPNI)—officially operating under Culver Max Entertainment—until August 2029. This five-year extension, approved at the company’s Annual General Meeting (AGM) in August 2025, signals leadership stability at one of India’s most prominent media and entertainment firms.

Leadership Continuity and Appointments

Gaurav Banerjee’s Tenure

  • Banerjee was initially appointed as Additional Director in August 2024, following the departure of long-serving CEO NP Singh.
  • His elevation to full-time MD and CEO was confirmed through a shareholder resolution under the Companies Act, 2013.
  • The new term officially began in August 2024 and will run through August 2029.

New Board Appointments

Two key leadership figures were also appointed as Whole-time Directors.

  • Ritesh Khosla, General Counsel – Term effective from December 2024
  • Sibaji Biswas, Chief Financial Officer – Term effective from February 2025
  • These additions reflect a strategic strengthening of the company’s executive leadership.

Sony Pictures Networks India: Performance Snapshot

In FY24, SPNI demonstrated strong financials,

  • Revenue: ₹6,511 crore
  • Net Profit: ₹840 crore
  • Subscription Income: ₹3,206 crore
  • Advertising Income: ₹2,825 crore

SPNI operates 28 television channels across genres and its OTT platform SonyLIV, a key driver of digital viewership and subscription growth.

As of June 2025, the company reported a combined subscriber base of 424 million, underscoring its massive reach in the Indian entertainment market.

Key Facts

  • Name: Gaurav Banerjee
  • Position: MD & CEO, Sony Pictures Networks India (SPNI)
  • Term: August 2024 – August 2029
  • Previous CEO: NP Singh
  • Company Revenue (FY24): ₹6,511 crore
  • OTT Platform: SonyLIV
Shivam

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