Big advertisers are betting big on cricket again, after India's dismal performance in the World Cup
The government is also considering disallowing WorldSpace the use of repeater network.
The roll-out of the conditional access system will become mandatory in 57 cities in the country in a phased manner between January 2008 and March 2011.
Chopra is planning to buy single-screen theatres and convert them into multi-screen theatres, depending on their viability.
Media and advertising agency Madison will acquire a majority stake in cricket's "little master" Sunil Gavaskar's sports management company, Professional Management Group.
Even as conflicts between rival brands increase in India, industry experts find the trend encouraging.
Maruti Udyog Ltd surpassed Coca-Cola, Pepsi and Hindustan Lever to emerge as the country's largest sports advertiser on television in 2006.
Currently, only three addressable platforms in DTH services, conditional access system and IPTV, are available in the country with DTH services having the maximum subscriber base.
With no clarity on encryption of sports transmission signals by public broadcaster Doordarshan, sports channels fear loss of revenue to the tune of Rs 1,000 crore (Rs 10 billion) due to piracy during the forthcoming cricket matches.
Television Audience Measurement Media Research, in association with Nielsen Media Research and IMRB International, is set to launch a new division, Radio Audience Measurement to track radio listenership.
With over 700 stations spanning across the country and mobile penetration on the rise, FM players are now reaching out to listeners via the visual radio route too.
The overseas market for Indian films continues to be growing rapidly.
Last week, lunch boxes delivered by Mumbai's formidable army of dabbawallas (delivery boys) came with a small tag.
The purpose of CAS -- to check piracy -- is defeated, if pay channels can be watched free, as is apparently happening in localities like Devli village near Sainik Farms, Pushp Vihar and Saket, all areas where CAS has been implemented.
Broadcaster Nimbus Communication, which operates sports channel Neo Sports, is in talks with banks to float an initial public offer for nearly Rs 300 crore (Rs 3 billion).
Distributors of Hollywood films are lining up English blockbusters, dubbed in Indian languages, in the next few months.
If the deal goes through, it will be Lachlan's first investment through which he will take on his father Rupert Murdoch directly in the broadcasting space.
The government is launching an international affairs channel aimed at the international audience as well as non-resident Indians, which will be funded by the ministry of information and broadcasting at an initial outlay of Rs 500 crore.
After the saas-bahu serials, the idiot box will now witness a deluge of regional channels.
The prospects for the media and entertainment industry look bright over the next four years, according to media pundits and independent research agencies.