The authority has sought stakeholder inputs on matters ranging from doing away with the ceiling price for a channel to be included in a bouquet to suggestions for ensuring that popular TV channels remain accessible for a large number of viewers
TRAI chief RS Sharma expects the switch to be faster when the deadline approaches, adding that 40 percent had already chosen their channels till January 24
"DEN Networks has entered into a share purchase agreement with Pimex Broadcast Pvt Ltd for selling its entire stake in Macro Commerce on a going concern basis. With this sale, DEN will now be focusing on the cable and broadband industry," the company said in a BSE filing.
Expeditious roll out of telecom infrastructure will help improve quality of service, reduce call drops as well as cost of setting up networks.
"The Authority is of the view that the common regulatory framework for inter-connection of all types of addressable systems will ensure a level-playing field among different service providers," Trai said in a note explaining draft norms on inter-connection issued today.
Comcast said today that it's been working to improve customer service it has long had a bad reputation for how it treats subscribers and that the problems uncovered by the FCC stemmed from "isolated errors or customer confusion" rather than Comcast intentionally mischarging its 22 million cable-TV subscribers.
Dish TV's net subscription additions of 0.32 million were the lowest in six quarters whereas DTH/cable competitors saw acceleration in subscriber additions in third quarter. However, the management continues to guide 1.5 million net subcription additions for FY16.
Leading broadcasters today sought "Infrastructure Status" for the broadcasting industry, including direct-to-home (DTH) and cable sectors in a pre-Budget consultation with Finance Minister Arun Jaitley.
The current estimated size of Bollywood is about Rs 15,500 crore. Increased number of multiplexes and growing digitisation in the industry are also contributing to the rise in revenue.
The company has initiated the expansion of its Chopanki plant and targets Rs 6500 crore topline by 2020.
Operating profit (earnings before interest, tax, depreciation and amortisation) was up 9.3 percent year-on-year to Rs 432.23 crore. Margin contracted by 170 basis points on yearly basis to 76 percent but sequentially it has seen substantial increase of 1680 basis points due to no IPL cost.
Hathway Cable has recieved board nod to spin off its broadband business into a wholly-owned subsidiary.
Sajjan Bhajanka, MD, Century Plyboards is confident of maintaining 25 percent CAGR in FY16 too. The company is all set to launch new ad campaigns in June to improve sales.
The company will be using funds towards expanding digitisation of phase 3.
Kushal Desai, MD & CEO of Apar Industries discusses the company's fourth quarter performance and its future outlook.
In a freewheeling interview with media specialist Vanita Kohli-Khandekar and Axis Capital's Salil Pitale, renowned investor Ramesh Damani discussed the scope of the Indian media business.
SL Narayanan of Sun TV is hopeful that the company will retain 75 percent level on margins going ahead. The company posted a net profit at Rs 169 crore versus Rs 151.7 crore for the same period last year.
In an interview to CNBC-TV18, G Subramanium, CFO, Hathway said that there were expectations that cable operators will lose out to the DTH guys in phase II, which has not happened. Cable has done very well in the conversion from analog to digitisation.
Surendra Goyal of Citi India says Dish TV as one of the top picks. We have a sell on Zee Entertainment Enterprises.
Eros International's HBO deal has been a hallmark for the company in FY13. The company aims to achieve better results in the next three-five years.
SL Narayanan, Group CFO, Sun Group, says that in the fourth quarter he expects advertisement revenue growth to be below 20 percent.
In what comes as an update to the second phase of the digitisation wave, reports confirm that the Karnataka ...
With approximately 70 to 75 per cent seeding of STBs achieved on an average in areas chosen under the second phase of digitisation drive, analogue cable signals would be switched off in over 30 cities from Monday onwards.
The government is confident that 38 cities will make the switch to digital cable by the March 31 deadline. And this confidence stems from its contention that with just two weeks to go, 60 percent of households have already converted, reports Pavni Mittal of CNBC-TV18.
SL Narayanan, Group CFO, Sun Group, says that the subscription revenues are good and there has been tangible evidence of increased sales of DTH connections on the ground and now the company is in much better shape.