Joy Chakraborthy quits Goldmines Telefilms as CEO

Joy Chakraborthy has put in papers at Goldmines Telefilms where he joined as CEO earlier this year in January.

His sudden exit from the company comes on the back of alleged differences with the promotor Manish Shah.

However, Chakrabothy downplayed the talks of differences and said, “Since the time I joined Goldmine, promoter Manish Shah and I have worked in tandem to take our network to a new height in terms of viewership, brand perception, revenue etc. We have seen monthly revenues taking a jump of more than thrice of what it was when I joined, with full implementation of sales processes and planning. During this period we have also launched 2 more channels which will also be leaders in their genre.”

In spite of this growth curve, there were talks of differences between Shah and Chakraborthy over the principles of running a company that led to parting ways.

When asked, Chakraborthy said that it can happen between any promoter and CEO. “I don’t think you should make it a big issue. We have parted ways in an amicable manner and this is more important.”

“I will be serving out my notice period as per my contract,” he added.

With 27 years in the media industry, Chakraborthy is one of the industry leaders who has been active in initiating and leading change throughout his career. His experience traverses print, television, radio and digital businesses in the Indian media industry.

Ad sales and revenue generation being core to his career, Chakraborthy has leveraged his strength to turn around revenues for media businesses he has been associated with.

In top leadership roles including CEO, Chakraborthy has successfully delivered on tall business asks in all his assignments. Chakraborthy's past associations as CEO has been with Enter10 Media, TV Today Network (Aajtak / India Today/ Tej/ FM Oye104.8) and Forbes India.

He was Executive director at Zee group, Director at Times of India group, President at TV18 News Network and Executive Vice President at Star TV. 

Chakraborthy is an alumnus of the Harvard Business School and has graduated from National Defence Academy.

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