Nimbus Communications, the telecast rights holder for cricket matches in India for five years, has proposed a one-third reduction in the fee by $180 million.
Foreign cable companies like Liberty Global Inc, Macquarie Media Group and Star Group want the prime minister to intervene in the digital broadband policy initiatives for the cable industry.
Satellite radio companies with news content will be allowed foreign direct investment of up to 26 per cent. They must have resident Indians as CEO, chief financial officer and chief marketing officer.
Cricket programming is raking in big moolah for TV channels, across different genres
Nimbus executives say many of their partners are already talking about breach of contract (which states that the feed would be available exclusively to them) and this could lead to cancellation of agreements.
It is likely to generate advertising revenue of Rs 55 crore.
30 per cent of the total AD spend this financial year will be on cricket.
30 percent of the total ad spend this financial year will be on cricket.
The non-availability of transponders on satellites has hit the expansion plans of not only existing direct-to-home players such as DD Direct Plus and Dish TV but also new entrants such as Sun Direct, Reliance Bluemagic and the Bharti group.
Consumers in New Delhi, Mumbai, Kolkata and Chennai may have to shell out up to 50 per cent higher monthly cable bills in the second phase of the roll out of the conditional access system
With three more direct-to-home operators set to enter the market by the year-end, subscribers can expect services at even cheaper rates.
Broadcasters to see 30% drop in subscription revenue.
A digital set-top box can be yours at one-third the price you pay now. Indian manufacturers like Bharat Electronics, and TVS are likely to manufacture set-top boxes for less than Rs 1,000.
Preliminary industry numbers show that against a demand for 200,000 cable boxes in the three cities so far, operators have only been able to service a little over half the demand.
In the battle between the conditional access system and the direct-to-home services, the latter seems to be edging ahead.
The opening up of the sector has led to investments of Rs 1,200 crore towards the acquisition of over 280 frequencies.
The domestic animation and gaming industry has said that it may face a serious crisis if not given fiscal incentives in the coming Budget.
Only 30-minute advertising spots remain to be sold on Star India's Kaun Banega Crorepati, which will be anchored by actor Shah Rukh Khan.
Korean auto major Hyundai is set to diversify its business presence in the country by launching separate divisions through its in-house advertising agency -- Innocean Worldwide.
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