The addressable TV advertising technology which was launched by Tata Play in 2023 enables advertisers to selectively segment TV audiences and serve different ads to different households, even if they are watching the same content.
'We wish to inform that after not being able to find a satisfactory resolution, the parties have mutually decided to terminate the discussions,"Airtel said in a statement
Tata Play and Airtel Digital TV accounted for more than 35 million paid subscribers as of September last year, representing more than half of India's 60 million DTH subscriber base, according to a government report.
The confirmation, which came through an exchange filing, a day after reports said Tata Play and Airtel Digital TV were heading towards a merger
In May 2018, Kedaara Capital and Partners Group acquired Vishal Mega Mart from TPG
Tata Group took full control of the TV platform after buying the 29.8% stake from Disney, said the people, who asked not to be identified as the information is private.
This deal takes the stake of Tata Group's holding company to 70 percent in the satellite TV provider, according to the report
The companies are in preliminary talks about an acquisition of Disney’s significant minority stake, which would value Tata Play at about $1 billion or more, the people said, asking not to be identified as the considerations are private.
Discussions are ongoing and there’s no certainty that Temasek and Tata Play will proceed with a deal, the people said. A Tata Group representative didn’t offer any immediate comment, while a Temasek spokesperson declined to comment.
Its revenue from operations slipped 5.1 per cent to Rs 4,499.19 crorefrom Rs 4,741.07 crore a year ago.from Rs 4,741.07 crore a year ago.
GSAT-24 is a 24-Ku band communication satellite weighing 4,180 kg with pan-India coverage for meeting DTH application needs
ideaForge Technology filed its draft red herring prospectus with Sebi in February this year.
Growth in the company’s average revenue per user and active subscriber base has slowed with more people cutting the cord and opting for streaming platforms for content. Competition from free-to-air satellite TV provider DD Free Dish isn’t helping.
As the name suggests, details filed about the business are kept confidential, unlike the normal route when the entire draft red herring prospectus (DRHP) is publicly available
Common in US markets, Tata Play is allowed to keep its offer document private by the pre-filing route until it firms up its IPO plan.
Tata Sky rebranded itself in January this year as Tata Play to expand its television-cum-OTT offerings in combined packages
At least 100 startups are active in the country's space sector building satellites, launch vehicles and even designing in-orbit refuellers for satellites that would otherwise have to be abandoned for want of fuel.
In an exclusive interaction with Storyboard18, MD and CEO Harit Nagpal says Tata Play aims to become an inclusive and scalable identity.
The platform has added Netflix to 13 OTT services, including Amazon Prime Video and Disney+Hotstar, as part of its so-called Binge packs