The firm planned to raise a fresh issue of Rs 1,125 crore and an offer of sale of up to Rs 375 crore from its existing shareholders and promoters. The firm plans to raise not more than $30 million from the pre-IPO round as per regulations.
As part of initiatives to bring in newer audiences, SPN will broadcast the matches in the local regional feed at the IPL "fan parks" that will be hosted across 35 cities in the country.
Once again CNBC-TV18 is the undisputed market leader. As per all-India TAM ratings the channel was number one on Budget day. It dominated the Budget week with 64 percent share versus ET Now's 18 percent.
Most of this growth is thanks to political advertising which is expected to pick up closer to the general elections and the rest will come from other big ticket events.
The on going drama over television ratings continued this week with the Union Cabinet approving a comprehensive regulatory framework for television ratings agencies.
TAM shareholder Kantar Media filed a writ petition in the Delhi High Court against the guidelines for TV rating agencies, arguing that the cross-holding restrictions will force TAM to shut shop.
Eric Salama, CEO of Kantar Group in conversation with Anant Rangaswami talks about new TV ratings agency guidelines.
Briefing mediapersons on the decision, Information and Broadcasting Minister Manish Tewari said there has been a "need" for such a framework to bring about transparency in the system.
Morgan Stanley analysts said the rise in the valuation of internet stocks has been due to investors looking at the total addressable market (TAM) opportunity with minimal focus on risks.
The good news is that it looks like BARC will be able to meet the set timeline. But will it meet the industry's expectations? Storyboard editor Anant Rangaswami discusses this with BARC's Partho Dasgupta, Colors' Raj Nayak and Lodestar UM's Nandini Dias.
Television broadcasters are facing off with advertisers and both in turn are fighting with ratings agency TAM. Where's the industry headed?
Industry bodies Indian Broadcasters Federation, Indian Society of Advertisers and the Advertising Agencies Association of India have come up with a solution that TAM data will now be available in 3 software pipelines - platinum, gold and silver.
CNBC-TV18's Pavni Mittal reports that big-ticket advertisers have withdrawn their advertisements from eight broadcasters irked by TAM's reporting of data.
TAM CEO LV Krishnan says, in an interview to CNBC-TV18's Storyboad, that he hopes the advisory will aid broadcasters to effectively interpretat data
The tiff between television broadcasters and ratings agency TAM (Television Audience Measurement) has still not been resolved. Animesh Das tries to make some sense of the mess.
Turbulent times for Television viewership Measurement agency (TAM) - yet again. This time it looks like the situation is snowballing into a major crisis. Last week, three broadcasters-Multi Screen Media, Times Television Network and NDTV unsubscribed to TAM's viewership data on alleged unfair trade practices.
CNBC-TV18's Pavni Mittal reports that broadcasters have started to stop using TAM data while the agency refutes charges and adds that that issues were discussed and explained to all broadcasters.
At any given time, you would see a flurry of ads issued by different TV channels all claiming to be No 1 at the same time. Now ratings agency TAM says that its data is being selectively used and misrepresented to make these tall claims.
Last week, TAM released what it called a gentle guide to data interpretation and representation for broadcasters. Pavni Mittal reads the fine print and finds out what impact the TAM advisory will have on TV channels and the advertising rupee.
The space is getting crowded, but, as far as the race for the leadership position for business channels coverage of the Union Budget, it's still CNBC TV18 at the head of the pack.
CNBC-TV18 has emerged number 1 on Budget day and has captured 57 percent market share during the Budget speech, according to TV Ratings agency TAM.
National carrier Air India today termed as "questionable" a report released by a German aviation think-tank ranking it as the third worst airline among 60 global carriers in terms of safety.
Television Audience Measurement (TAM) has just released viewership data for news channels after a 13 week break.
The resulting consumer behaviour changes will soon spiral up the industry chain and the players who absorb them early into their marketing mix will get the maximum windfalls.
On Storyboard: after a two month gap to allow for digitisation TAM data will be reported again from next week and as Gujarat goes to the polls find out how election campaigning has broke new ground in the state