By Team ABT –
MUMBAI, September 26, 2023 – TIPS Industries, an Indian music record label and film production, film promotion, and film distribution company in Mumbai, Maharashtra, has announced the appointment of Hari Nair as its new Chief Executive Officer (CEO).
Nair will be responsible for leading the company into its next phase of growth, amidst the fast-changing digital trends and a vibrant content ecosystem in India’s entertainment industry, stated a press release.
Nair was earlier with ByteDance. Hari led the South Asia region for music partnerships and licensing for all ByteDance which gave him a multi-regional exposure in ByteDance ecosystem, launching their music streaming service Resso first in India, and the overall experience with apps like TikTok, Helo, Capcut, etc.
Commenting on this appointment, Kumar Taurani, managing director – TIPS Industries said, “We are extremely delighted to appoint Hari as our chief executive officer. Hari has 360-degree experience of music ecosystem – starting from music distribution companies like Soundbuzz & Mauj Mobile, to heading digital business for a global music company Sony Music India, and then leading performance rights organisation PPL India’s digital transformation. With an experienced hand like Hari being added to our core teams, combined with our strength in music content creation and acquisition, we aim to achieve higher revenues and continue to deliver value for our shareholders”.
Speaking on his new role, Hari Nair said, “I am absolutely delighted to become a part of the TIPS team. It is an honour for me to lead an organisation with a quality music catalogue and focused content acquisition strategy, which is known for its longevity in the music industry and continues to steadily grow its market share. TIPS continues to deftly navigate through India’s ever-evolving digital landscape, thanks to the promoters’ experience, and a clear vision. The company’s brilliant track record of profitable growth speaks volumes about its management’s endeavour to maximise shareholder returns. As the company stands at a pivotal juncture in its journey, I am humbled and equally excited to be a part of this aggressive journey. I would like to extend my utmost gratitude to Kumar Taurani and the Board members, for showing faith in my candidature to lead this company.”