Nripendra Misra's three-year stint as chairman of the Telecom Regulatory Authority of India (Trai) will be remembered for a host of recommendations and a number of controversies. Controversial issues like the conditional access system, non-CAS pricing kept Misra, who retires as Trai chairman on March 22, 2009, in the news.
Indi Media had bought NewsX in January from INX News, reportedly for Rs 50 crore. INX was promoted by ex-Star India CEO Peter Mukerjea and his wife, Indrani Mukerjea, both of whom quit the company with the sale. Indi Media is said to be owned by a clutch of investors led by Vinay Chhajlani, CEO of Webdunia.com India, and promoter of the Hindi daily, Nai Duniya, and by Jehangir S Pocha, former editor of the weekly, Business World.
With this deal, Jaipuria's RJ Corp will own over 10 bottling plants, controlling 25 per cent of PepsiCo's bottling capacity in the country (earlier he was PepsiCo's largest bottler together with his family). Confirming the development, Jaipuria said the deal would be complete in a day or two. "The West Bengal operations will contribute 10 to 15 per cent to our turnover," he said.
This is nearly 3 per cent of the total number of cable and satellite TV viewers--an extremely good number, considering past coverage data -- say media planners.
Fox Star Studio India, the distributor of Slumdog Millionaire in the country, has managed to gross around Rs 40 crore (Rs 400 million) from the markets, surpassing collections of some of the biggest Bollywood hits of last year such as Rock On.
Cheerleaders will applaud each six or boundary in their unique way. Bands will play in between overs.Only the venue is different. Instead of the cricket stadium, Indian Premier League enthusiasts can get all this for the price of an admission ticket to a movie hall. Multiplex chains like PVR, Inox Leisure, Cinemax, and Big Cinemas, among others, are negotiating the theatre rights to host at least one IPL match a day during the 45-day tournament starting April 10.
And despite a slowdown, media planners say advertisers are pouring in over Rs 600 crore (nearly half the ad budget for cricket in 2009). This represents a more than 10 per cent increase over last year's spends on television, co-branding of teams and marketing, among others.
The principal promoters of Balaji Telefilms, actor Jeetendra, his wife Shobha, daughter Ekta and son Tushar, have decided not to buy Star India's 26 per cent stake in the television software company because of the sharp erosion in its share price.
As a result of the TDSAT order, over 65 pay channels like Star One, Colors and Star Cricket would be able to raise prices, which were capped by Trai. The TDSAT rejected Trai's tariff order of October 2007 that had capped prices in different categories of cities based on population.
Despite having other mandatory clearances, applications of many international magazines have been returned by the I&B ministry, say senior officials. Magazines in genres like medicine, science and technology, and legal publications are the worst affected as their titles are more often found to be already registered with the government. Since 2006, at least 25 applications from international publishers have been turned down on the ground 'title not available.'
After Shah Rukh Khan's successful run with Rab Ne Bana Di Jodi, it is Aamir Khan who is bringing in all the earnings for Bollywood this year with Ghajini raking in Rs 40 crore in the first four days of release.
Chief executive of TAM Media LV Krishnan and and CEO, aMap, Amit Varma, share their concerns on the business of TV ratings in an interview with Ashish Sinha.
A curb on advertising budgets for television by the large companies and economic slowdown have managed to bring down the prime-time (8 pm-11 pm) ad-spot rates of general entertainment channels (GECs) like Star Plus, Zee TV, Sony TV to the levels of 2005-06.
In what is being termed as the biggest hit of 2008, based on its first 10-days box office collection, Shah Rukh Khan starrer Rab Ne Bana Di Jodi has managed to collect about Rs 60 crore so far, of which nearly half has come from the overseas markets.
Matter to come before copyright board on January 28.
The cable industry, which reaches over 80 million out of India's 130 million TV-owning homes, is getting ready to strongly oppose the government's move to raise the foreign direct investment limit for direct-to-home service providers from 49 to 74 per cent without doing the same for cable companies.
Nowhere in the world have television viewers been spoilt with so much choice as in India -- there are over 360 television channels on air in the country and applications for another 160 await the government's nod.
Both lifestyle and technical publications are allowed up to 100 per cent foreign investments, according to the norms laid out by the Ministry of Information and Broadcasting. The Al-Abbas group of the UAE, through its publishing arm, Twenty First Century Publishing, will be the 50:50 joint venture partner of Bangalore-based Connoisseur Publishing.
'There are no formal guidelines for security. The Commonwealth Games Federation, London, oversees the preparations. The idea is to ensure that the games go on smoothly. It should not be a fortress,' says A Vasudevan, additional director general, Commonwealth Games Organising Committee.
This means the consumers will have to pay an additional monthly subscription to get these HD channels. Currently, the popular DTH bouquets (80-120 channels) are available at Rs 150-300 a month across most DTH platforms.