Players like Rohit Sharma or Dinesh Karthik who could never command more than Rs 10 to Rs 15 lakh can now hope to hit Rs 30 lakh for new deals. Bowler Sreesanth's endorsement tag has shot up from Rs 25 lakh to Rs 40 lakh.
The move is significant as the ministry has announced its intention to set up another committee to evaluate the success of CAS in areas where it has been implemented. The committee is likely to submit its report by December.
Telecom firms like Bharti Airtel, Reliance Communications and MTNL have shown interest to start IPTV services, where television signal is carried to homes through telecom lines and broadband.
In return, the BCCI is offering a revenue share from stadium advertising and gate money but not television rights.
Zee TV is fast closing in on general entertainment channel leader Star Plus in terms of viewership.
Under the new provisions, the Telecom Regulatory Authority of India has made it mandatory for the broadcasters to offer their channels on a-la-carte basis (individual channels) and bouquets.
Raghav Bahl-promoted media company Television Eighteen Group is paying over Rs 340 crore to buy out the rights of films in two of Bollywood's biggest movie deals.
The content providers -- TV channels, FM Radio stations, e-commerce companies and credit card majors -- have blamed the service providers and mobile value-added services (VAS) operators for the problem.
Indian cable companies may lose close to $200 million (about Rs 800 crore) in foreign investments this year as companies like Macquarie, Carlyle, Providence and Liberty Global
Rupert Murdoch-promoted Star Group will take at least four years to cross the $120-million-mark in operating income that it commanded till 2006
Railways to introduce touch-screen TVs for individual seats.
The bidding companies have the choice of either bidding individually or as a group.
The full-fledged residential academy will accommodate the country's top 80 emerging cricketers and be equipped with a health centre, gymnasium and restaurants.
The bidding companies have the choice of either bidding individually or as a group.
Star cricketers in the ICL will earn more than BCCI cricketers primarily because of the way the contracts are structured.
Integrated media and entertainment company Eros International is planning to set up an animation studio in India.
There will be three other key sponsors, at least one of these is expected to be announced in five days. There may also be seven associate partners.
Warner Brothers plan to make three-four Hindi movies each year and is eyeing producing mid- and big-budget films across genres.
To add to the worries of the cable operators and broadcasters, the government is set to launch a 24-hour "must carry" health channel called DD-Health at an annual outlay of Rs 180 crore (Rs 1.8 billion).
This follows the industry's dissatisfaction with the current data provider, TAM Media Research, which has allegedly not been able to deliver data on all the 70 million cable and satellite households.
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