Archive for July, 2008
Videocon’s Dhoots look to snap up IOL Netcom
MUMBAI: The Dhoot family, the promoters of Videocon Group, has bought 14% equity in IOL Netcom, a Mumbai-based broadband company, from the open market. The transaction is being perceived by the industry as a take over bid. In the last two months, Shree Dhoot Trading & Agencies Ltd, an investment company of the Dhoots, has mopped up 11.72% shares in the loss-making firm, earlier known as IOL Broadband. This is in addition to the 1.97% stake that Videocon Realty & Infrastructure Ltd, a Videocon group company, owns in IOL Netcom. Sources close to the development said the Dhoots have hired »»»
Maran brothers, Azhagiri settle dispute before tribunal
NEW DELHI: Maran brothers and Mr M K Azhagiri, son of Tamil Nadu Chief Minister, warring over cable distribution in the State on Thursday settled their dispute before the broadcast tribunal. After the agreement, the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) directed the two camps to execute the agreement for supply of signals of Sun TV to Azhagiri-owned Royal Cable Vision (RCV) within three days. The TDSAT Bench headed by Justice Mr Arun Kumar also directed that after the agreement, Channel Plus, a unit of Sun TV Network, would activate the signals of Sun TV within 24 hours. “Let »»»
Tata Sky plans tie-ups with Sony Pictures, Fox for content
In the backdrop of intensifying battle in the direct-to-home (DTH) space, Tata Sky’s plans to stay on the top with tieups. The partners include global entertainment majors such as Sony Pictures and Fox for content as varied as movies and coverage of special events which will constitute the key to the expansion of its ‘pay per view’ portfolio. Star India Pvt Ltd, the Indian subsidiary of Fox parent News Corp, holds a 20% stake in Tata Sky Ltd. The pay-per-view movie-service offers viewers access to the most recently launched Hollywood and Bollywood blockbusters. In January, Tata Sky rival, »»»
Dish TV plans to open franchise model shops
Dish TV India, the Essel group promoted direct-to-home (DTH) service provider, is planning to open a number of shops on a franchise model across the country. Navid Rashid, deputy vice-president, Dish TV India, says that the DTH major is going to increase the existing number of shops from 800 to 2,000 by the end of this fiscal. “We are making franchisees across the country to reduce the turn around time from 24 hours to 6 hours for installation and make after-sale service available at a phone call. We are planning to start service centres to resolve service-related problems of our existing »»»
Cable operators opt out of Arasu Cable TV
Launched with huge fanfare here on July 15, the Arasu Cable TV Corporation control room has flopped as it has been unable to provide popular pay-channels and local channels belonging to the Sun TV group. This has resulted in only 17 local cable TV operators (LCOs) out of 212 LCOs who had given letters of intent (LOI), opting for signals directly from the corporation in Thanjavur town. In the nieghbouring Tiruchy district the situation is even worse with all the 380 LCOs, who had given LOI, continuing to source their signals from private MSOs and not Arasu. A similar situation exists in Triuvarur »»»
Dish TV to add 2 million subscribers in FY09
Dish TV has announced its first quarter numbers. It has posted net loss of Rs 125 crore for the quarter ended June 2008 as against loss of Rs 115 crore in previous quarter. Jawahar Goel, MD, Dish TV, said this year they are going to add two million subscribers. The business expects to be in the black by Q2 of the next financial year. Goel expects an an increase of equity and Rs 1,140 crore from the rights issue in the coming period. Excerpts from CNBC-TV18′s exclusive interview with Jawahar Goel: Q: Despite a 21% increase QoQ in net sales, we have seen operating losses go up and net loss »»»
TV and Radio Channels of WWIL’s HITS
Television and Radio Channels TP – 3760H, SR – 27500, FEC – 3/4 TP – 3820H, SR – 27500, FEC – 3/4 TP – 3880H, SR – 27500, FEC – 3/4 TP – 3920H, SR – 27500, FEC – 3/4 TP – 3960H, SR – 27500, FEC – 3/4 TP – 4180H, SR – 27500, FEC – 3/4 ...
