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{{Short description|Former Indian media company}}
{{Merge from|NEO Sports|date=December 2024|discuss=Talk:Nimbus Communications#Proposing to merge Neo Sports with Nimbus Communications}}
{{Use dmy dates|date=August 2018}}
{{Use Indian English|date=August 2018}}
{{advert|date=October 2017}}
{{advert|date=October 2017}}
{{Infobox company
{{Infobox company | name = NIT | logo = | caption = | type = | traded_as = | genre = <!-- Only used with media and publishing companies --> | fate = | predecessor = | successor = | foundation = 1987<!-- {{Start date|YYYY|MM|DD}} --> | founder = Harish Thawani | defunct = <!-- {{End date|YYYY|MM|DD}} --> | location_city = [[Mumbai]] | location_country = | location = | locations = | area_served = | key_people = | industry = | products = | services = Entertainment, Sports Marketing & Broadcasting | revenue = | operating_income = | net_income = | aum = <!-- Only used with financial services companies --> | assets = | equity = | owner = | num_employees = | parent = | divisions = | subsid = | homepage = {{URL|http://www.nimbus.co.in/ }} | footnotes = | intl = }}
| name = Nimbus Communications
| logo =
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| genre = <!-- Only used with media and publishing companies -->
| fate =
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| foundation = {{start date|1987}}<!-- {{Start date|df=yes|YYYY|MM|DD}} -->
| founder = Harish Thawani
| location_city = [[Mumbai]]
| location_country =
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| services = Entertainment, Sports Marketing & Broadcasting
| revenue =
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| assets =
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| homepage = {{URL|http://www.nimbus.co.in/ }}
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'''Nimbus Communications Limited''' is a media and entertainment company and sports broadcaster, known for its [[Neo Prime]] and [[Neo Sports]] channels.<ref>{{cite news |title=Nimbus Communications plans to raise around Rs 900 crore via IPO in January|url=http://articles.economictimes.indiatimes.com/2010-11-11/news/27589323_1_equity-shares-ipo-proceeds-350-crore-capital-expenditure-plan |publisher=[[The Economic Times]] |date=Nov 11, 2010}}</ref> It has integrated, end-to-end media services focusing on Sports broadcasting, marketing and filmed entertainment. Headquartered in [[Mumbai]], Nimbus was established in 1987 by Harish Thawani,<ref>{{cite web |title= Interview with Nimbus Communications Ltd executive chairman Harish Thawani|url=http://www.indiantelevision.com/interviews/y2k3/executive/harisht.htm |date=20 June 2003 |publisher=indiantelevision. }}</ref> and has a diverse network of customers across USA, Canada, UK, Asia, Africa, Australia, New Zealand, Europe and the Middle East. In addition to India its operations are also spread across Singapore, Middle East and the Caribbean, which will shortly be extended to USA and UK.
'''Nimbus Communications Limited''' was an Indian media and entertainment company, and sports broadcaster, known for its [[Neo Prime]] and [[Neo Sports]] channels.<ref>{{cite news |title=Nimbus Communications plans to raise around Rs 900 crore via IPO in January|url=http://articles.economictimes.indiatimes.com/2010-11-11/news/27589323_1_equity-shares-ipo-proceeds-350-crore-capital-expenditure-plan |archive-url=https://archive.today/20120701142250/http://articles.economictimes.indiatimes.com/2010-11-11/news/27589323_1_equity-shares-ipo-proceeds-350-crore-capital-expenditure-plan |url-status=dead |archive-date=1 July 2012 |newspaper=[[The Economic Times]] |date=11 November 2010}}</ref> It had integrated, end-to-end media services focusing on sports broadcasting, [[marketing]], and filmed entertainment. Headquartered in [[Mumbai]], Nimbus was established in 1987 by Harish Thawani,<ref>{{cite web |title= Interview with Nimbus Communications Ltd executive chairman Harish Thawani|url=http://www.indiantelevision.com/interviews/y2k3/executive/harisht.htm |date=20 June 2003 |publisher=indiantelevision. }}</ref> and had a network of customers across the United States, Canada, UK, Asia, Africa, Australia, New Zealand, Europe, and the Middle East. In addition to India, its operations were also spread across Singapore, the Middle East, and the Caribbean.{{citation needed|date=August 2018}}


In 2006, the company won a four-year global media rights for cricket with [[Board of Control for Cricket in India|BCCI]], at $612.18 million (Rs 2,714 crore).<ref>{{cite news |title=Nimbus scores big, bags cricket rights for $612 m |url=http://www.financialexpress.com/news/story/147721/ |publisher=[[The Financial Express (India)|The Financial Express]] |date=Feb 18, 2006 }}</ref><ref>{{cite news |title=New boss, old telecast game |url=http://www.telegraphindia.com/1060218/asp/frontpage/story_5863235.asp |publisher=[[The Telegraph (Kolkata)]] |date= February 18, 2006 }}</ref> In 2010, [[The Times of India]] Group acquired a small stake in Nimbus Communications <ref>{{cite news |title=Times buys stake in Nimbus, Neo Sports |url=http://www.livemint.com/2010/03/22143635/Times-buys-stake-in-Nimbus-Ne.html |publisher=[[Mint (newspaper)|Mint]] |date=Mar 22, 2010 }}</ref>
In 2006, the company won a four-year contract to broadcast international cricket matches conducted by the [[Board of Control for Cricket in India|BCCI]], at $612.18 million (Rs 2,714 crore).<ref>{{cite news |title=Nimbus scores big, bags cricket rights for $612 m |url=http://www.financialexpress.com/news/story/147721/ |newspaper=[[The Financial Express (India)|The Financial Express]] |date=18 February 2006 }}</ref><ref>{{cite news |title=New boss, old telecast game |url=http://www.telegraphindia.com/1060218/asp/frontpage/story_5863235.asp |archive-url=https://web.archive.org/web/20060303152728/http://www.telegraphindia.com/1060218/asp/frontpage/story_5863235.asp |url-status=dead |archive-date=3 March 2006 |newspaper=[[The Telegraph (Kolkata)]] |date= 18 February 2006 }}</ref> In 2010, [[The Times of India]] Group acquired a small stake in Nimbus Communications. <ref>{{cite news |title=Times buys stake in Nimbus, Neo Sports |url=http://www.livemint.com/2010/03/22143635/Times-buys-stake-in-Nimbus-Ne.html |newspaper=[[Mint (newspaper)|Mint]] |date=22 March 2010 }}</ref> BCCI was one of their main clients during the 1990s and in the decade of 2010.<ref>{{Cite web |url=https://www.financialexpress.com/archive/bcci-terminates-4-year-broadcast-deal-with-nimbus/887182/%26ved%3D2ahUKEwiT9LK8-6T6AhX6yXMBHRznA_wQFnoECDoQAQ%26usg%3DAOvVaw2G1WL-oNyyl5680GeGT22h/ |title=Archived copy |access-date=27 September 2023 |archive-date=27 September 2022 |archive-url=https://web.archive.org/web/20220927144926/https://www.financialexpress.com/archive/bcci-terminates-4-year-broadcast-deal-with-nimbus/887182/%26ved%3D2ahUKEwiT9LK8-6T6AhX6yXMBHRznA_wQFnoECDoQAQ%26usg%3DAOvVaw2G1WL-oNyyl5680GeGT22h/ |url-status=dead }}</ref>


In 2018, the Bombay high court ordered the liquidation of Nimbus Communications. According to a lawsuit filed by Union Bank in 2012, Nimbus had failed to pay dues owed on short term loans from UB totaling $375,806,550 (Rs 35 crore).<ref>{{Cite web |last=Vyas |first=Maulik |date=2018-03-12 |title=HC orders winding up of Nimbus Communications for defaulting on Union Bank dues |url=https://www.livemint.com/Companies/4oWzdutUDRf94Fo1UbT6IP/HC-orders-winding-up-of-Nimbus-Communications-for-defaulting.html |access-date=2023-01-10 |website=mint |language=en}}</ref>
==Sports==
Singapore headquartered Nimbus Sport International (100% subsidiary of Nimbus Communications Limited) is a full service sports marketing company specialising in television rights distribution and management, television production, sponsor services, event management, new media content and on-air advertising sales.


==Broadcasting==
==See also==
⚫
* [[NEO Sports Plus]]
Neo Sports Broadcast Pvt. Ltd. owns and operates two channels namely [[NEO Prime]] and [[NEO Sports]] – both all sports channels.
⚫
* [[ATN NEO Cricket]]

==Nimbus New Media==
Nimbus New Media came about as a logical vertical extension made by Nimbus. Nimbus New Media has started this initiative by launching cricketnirvana.com and filmnirvana.com.

==Nimbus Television==
The legacy business of Nimbus is television content production in Indian languages, in which it has produced over 5000 hours of programming over 15 years, including seven No 1 shows and fifteen top 10 rated shows.

==Nimbus Motion Pictures==
Having established its leadership in the field of cricket, Nimbus seeks to replicate the same success in filmed entertainment as well, and its vision is to be in the top three filmed entertainment players in India by 2010.

==Home Entertainment==
Showtime Video was a specialty retailer focused on providing Movie Rental Services - www.showtimevideo.co.in. It doesn't seem to be functional anymore, neither the website nor the phone numbers.

==Specialties==
Sports Marketing, Production, Sponsorship, Television Broadcasting, Internet, Media, Film production, Distribution


== References ==
== References ==
{{Reflist}}


{{Authority control}}
<references />

== External links==
* [http://www.nimbus.co.in/ Nimbus Communications, Official website]

==See also==
⚫
* [[NEO Sports Plus]]
⚫
* [[ATN NEO Cricket]]


[[Category:Entertainment companies of India]]
[[Category:Entertainment companies of India]]
[[Category:Companies based in Mumbai]]
[[Category:Companies based in Mumbai]]
[[Category:Television production companies of India]]
[[Category:Television production companies of India]]
[[Category:Companies established in 1997]]
[[Category:Mass media companies established in 1987]]
[[Category:Sports media in India]]
[[Category:Sports mass media in India]]
[[Category:1987 establishments in Maharashtra]]


{{India-tv-stub}}
{{Tv-production-company-stub}}

Latest revision as of 22:05, 12 December 2024

Nimbus Communications
Founded1987 (1987)
FounderHarish Thawani
Headquarters
Mumbai
ServicesEntertainment, Sports Marketing & Broadcasting
Websitewww.nimbus.co.in

Nimbus Communications Limited was an Indian media and entertainment company, and sports broadcaster, known for its Neo Prime and Neo Sports channels.[1] It had integrated, end-to-end media services focusing on sports broadcasting, marketing, and filmed entertainment. Headquartered in Mumbai, Nimbus was established in 1987 by Harish Thawani,[2] and had a network of customers across the United States, Canada, UK, Asia, Africa, Australia, New Zealand, Europe, and the Middle East. In addition to India, its operations were also spread across Singapore, the Middle East, and the Caribbean.[citation needed]

In 2006, the company won a four-year contract to broadcast international cricket matches conducted by the BCCI, at $612.18 million (Rs 2,714 crore).[3][4] In 2010, The Times of India Group acquired a small stake in Nimbus Communications. [5] BCCI was one of their main clients during the 1990s and in the decade of 2010.[6]

In 2018, the Bombay high court ordered the liquidation of Nimbus Communications. According to a lawsuit filed by Union Bank in 2012, Nimbus had failed to pay dues owed on short term loans from UB totaling $375,806,550 (Rs 35 crore).[7]

See also

[edit]

References

[edit]
  1. ^ "Nimbus Communications plans to raise around Rs 900 crore via IPO in January". The Economic Times. 11 November 2010. Archived from the original on 1 July 2012.
  2. ^ "Interview with Nimbus Communications Ltd executive chairman Harish Thawani". indiantelevision. 20 June 2003.
  3. ^ "Nimbus scores big, bags cricket rights for $612 m". The Financial Express. 18 February 2006.
  4. ^ "New boss, old telecast game". The Telegraph (Kolkata). 18 February 2006. Archived from the original on 3 March 2006.
  5. ^ "Times buys stake in Nimbus, Neo Sports". Mint. 22 March 2010.
  6. ^ "Archived copy". Archived from the original on 27 September 2022. Retrieved 27 September 2023.{{cite web}}: CS1 maint: archived copy as title (link)
  7. ^ Vyas, Maulik (12 March 2018). "HC orders winding up of Nimbus Communications for defaulting on Union Bank dues". mint. Retrieved 10 January 2023.


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