Sony Pictures Networks India, also known as SonyLIV, Culver Max Entertainment, SPNI, or SPN, officially operates under the corporate name Culver Max Entertainment Private Limited and is a privately owned company headquartered in Mumbai, India. Founded in 1995, and maintaining an estimated 1,650 employees, it is an indirect wholly owned subsidiary of Sony Group Corporation, Japan, operating under its parent company Sony Pictures Television. Its subsidiaries include Sony Sports Network and Studio Next. The company, which is also identified as a tier 1 media tech buyer, reported $734.8M in revenue as of 2024. Specializing in media and TV services, it delivers entertainment experiences through its diverse portfolio of television channels and digital platforms, reaching over 700 million viewers across India and in more than 150 countries.
Sony Pictures Networks India (SPNI), also known as Culver Max Entertainment, reported on July 9, 2026, a 15.6% increase in its consolidated net profit to ₹556.1 crore for fiscal year 2025-26, with revenue up 9%, according to an RoC filing. This performance marked a rebound from a sharp decline in the previous year, driven by a strong cricket broadcasting schedule and increased advertising revenue. Previously, on July 7, SPNI announced its FY26 EBITDA grew 38.7% to ₹873 crore, reflecting the strong contribution of its sports business during the year. Earlier, on July 6, the Delhi High Court issued an ex parte interim order directing internet service providers and domain registrars to block eight websites accused of illegally streaming cricket matches broadcast under SPNI’s exclusive rights. This follows the company's appointment of Rasesh Upadhyay, formerly a JioStar strategy executive, as deputy chief financial officer on July 3, strengthening its finance leadership.
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Sony Pictures Networks India offers 14 products in the media and telecoms services industry. Sony Pictures Networks India's product portfolio comprises of media and TV services and broadcast television and radio.
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Sony Pictures Networks India's revenues were less than $1B in 2024. Caretta Research has split Sony Pictures Networks India's revenue into 3 different product categories, the largest of which is linear (thematic channel groups). For full access to Sony Pictures Networks India's revenue breakdown subscribe to Caretta Portal.
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Examples of Sony Pictures Networks India's suppliers include Amazon Web Services (AWS), To The New and Google.
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Sony Pictures Networks India currently holds 50 broadcasting rights for sports competitions including winter sports, tennis, golf, multi-sport, archery, volleyball, beach soccer, horse racing, combat sports, soccer | association football, cricket and motorsports.
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