Archive | September, 2009
STAR’s revenue growth high Restructuring of Asia business
In what is considered a tough year for all broadcasters, STAR TV India, the media arm here of Rupert Murdoch’s News Corporation, is estimated to have made revenue of around Rs 2,200 crore in the 2008-09 financial year, says a report prepared by Media Partners Asia (MPA), the international media research agency. STAR India follows [...]
Continue reading...Discovery to launch 3 new channels in India
11. September 2009
Discovery Networks Asia-Pacific (DNAP) said it will launch three new 24-hour channels in India. The company will launch Discovery Science, Discovery Turbo and Discovery HD in the country and has received permission for that from the Ministry of Information and Broadcasting, DNAP said in a statement. “The launch of three new networks reflects the company’s commitment and [...]
Continue reading...FremantleMedia sets up India unit
11. September 2009
FremantleMedia, part of Europe’s television and radio broadcast company RTL Group, is setting up an on-theground production unit in India and has roped in Saurindra Kumar Barua as managing director for its India operations. Earlier, Barua was VP and regional chief financial officer (AsiaPac) for Discovery Asia and was based in Singapore. In his new [...]
Continue reading...Ten Sports targets Rs 300 mn from triseries
11. September 2009
Ten Sports is targeting an advertising revenue of Rs 300 million from the triseries involving India, Sri Lanka and New Zealand.The sports broadcaster has roped in Compaq as the title and copresenting sponsor for the cricket series that begins on 8 September in Colombo. Ten Sports has already signed Maruti as an associate sponsor and plans [...]
Continue reading...Centre clears Dish TV’s FCCB proposal
11. September 2009
The Centre has approved Dish TV India Ltd’s proposal to raise Rs 750 crore through issue of foreign currency convertible bonds. The decision is based on the recommendations of the Foreign Investment Promotion Board (FIPB) in its meeting held on July 24, “It is an enabling decision. We will be issuing the bonds in September-October [...]
Continue reading...Govt to study feasibility of Kisan TV
11. September 2009
The government is studying the feasibility of a 24-hour agriculture channel to provide a continuous source of information for farmers and other stakeholders in the sector. An agency has been outsourced to study the feasibility of a Kisan TV channel, sources in the Information and Broadcasting Ministry said.The Agriculture Ministry, it is learnt, has taken [...]
Continue reading...Filmy acquires 25 films from Studio18
11. September 2009
Filmy, the Hindi movie channel from Sahara One Media, has swung back into movie buying after staying mute for a year.Filmy has acquired 25 movies from Studio18 and is in talks with others to buy more. The purchase list includes Golmal Returns, Welcome, Singh Is King and Ghajini.Coinciding with this aggressive push, Filmy will be [...]
Continue reading...ABCL buys 86% stake in Kolkata TV
11. September 2009
Associated Broadcasting Company Ltd (ABCL), which operates news channels under the brand name TV9, has completed the acquisition of a 86 % stake in Kolkata TV, a Bengali news channel, for Rs 25 crore. Kolkata TV would now be a part of TV9 network of channels. TV9 is a dominant regional player in Andhra Pradesh, Karnataka [...]
Continue reading...Radio One plans to raise Rs 500 million
11. September 2009
Radio One, the ailing FM radio business of Mid-Day Multimedia where BBC Worldwide has a 20 % stake, plans to raise Rs 500 million. “As part of the investment in our radio business, we are looking at raising Rs 500 million. We are in talks at this stage,” Mid-Day Multimedia Group CFO & Mid-Day Infomedia [...]
Continue reading...8 new channels get I&B Ministry nod
11. September 2009
Eight new television channels, including politician Vijaykanth-promoted Captain TV and Discovery’s HD channel have been approved by the Government. In June, the 22 new TV channels had received permission, and with this addition the total number of television channels goes up to 467. The channels approved include Simply Spice, a music and entertainment channel for the [...]
Continue reading...
11. September 2009
1 Comment