All Entries in the "Worldspace" Category
Worldspace’s Holly channel keeps date with India
MUMBAI: That the closure of India operations came as a surprise to much of its staff is apparent from the Christmas special channel ‘Holly’ that was put together in India earlier this month. Holly, that runs back to back Christmas programming every year from 10 to 31 December, is traditionally produced in the US and distributed to all the countries Worldspace operates in. After the bankruptcy hassles hit the organisation late last year, Holly could not go on air in December2008. Following several subscriber requests, however, the India team put together Holly this year, and the channel »»»
WorldSpace won’t make music in India anymore
NEW DELHI: The first mail Thejaswi Udupa read on Christmas morning brought bad news. It was an announcement from WorldSpace satellite radio service saying it was discontinuing its operations in India at the end of this year. “WorldSpace has been the background score at my home for almost a decade. It’s really sad to see it go,” said Udupa, a 26-year-old Bangalore-based product manager at Yahoo! India. The announcement didn’t come as a total surprise. WorldSpace India’s parent company had filed for Chapter 11 bankruptcy in the US in 2008. The filings did not cover Indian operations and »»»
Worldspace India to shut shop on 31 December
MUMBAI: On December 31, 2009, the WorldSpace satellite radio broadcast service will be terminated for all customers serviced from India, according to an announcement posted on the company website. This action is an outgrowth of the financial difficulties facing WorldSpace India’s parent company, WorldSpace, Inc., which has been under bankruptcy protection since October 2008, the announcement says. WorldSpace is present in over 130 countries globally, and has already been in the process of closing down its operations in most other countries. With over 4,50,000 subscribers (more than 50 per cent »»»
The WorldSpace satellite radio broadcast service will be terminated for all customers serviced from India on December 31, 2009
The “Special Announcement for India Subscribers to WorldSpace Satellite Radio” has been posted in Worldspace official website. Below is the Announcement: On December 31, 2009, the WorldSpace satellite radio broadcast service will be terminated for all customers serviced from India. This action is an outgrowth of the financial difficulties facing WorldSpace India’s parent company, WorldSpace, Inc., which has been under bankruptcy protection since October 2008. The potential buyer of much of WorldSpace’s global assets has decided not to buy the WorldSpace assets relating to and supporting »»»
WorldSpace may go mute in India
Chennai, Dec. 17: Signals indicate that the troubled digital satellite radio broadcasting company WorldSpace Inc may fold up its India operations too. Though the company’s Asia operations head, Mr M. Sebastian, is not available for comment, sources close to the development say he has already put in his papers, and employees are believed to be in rounds of internal discussions to figure the way out of the quagmire. “We are clue-less, but keeping our fingers crossed,” said a highly placed official, who did not want to be named. WorldSpace is present in over 130 countries globally, and has »»»
Airtel boosts WorldSpace subscriber base
Source: The Hindu Business Line Chennai, Nov. 26 Thanks to DTH provider Bharti Airtel, satellite radio broadcaster WorldSpace’s subscriber base has tripled in the last few months to around 4.5 lakh. AirTel Digital TV — the direct-to-home service arm of Bharti Airtel — offers WorldSpace channels to its subscribers. “When other DTH service providers chose to offer AIR (All India Radio) FM channels, we went in for WorldSpace. This is our key differentiator,” says Mr Sugato Banerji, Chief Marketing Officer of AirTel DTH. Currently, AirTel offers 10 WorldSpace channels — Farishta (old Bollywood »»»
Govt plans to raise FDI limit in radio, DTH sector
Source: Televisionpoint.com The government plans to raise Foreign Direct Investment (FDI) limit in FM radio broadcasters and direct-to-home (DTH) service providers, despite reservations expressed by several departments, including the Planning Commission of India. “The regulatory issues connected with raising FDI levels will also be taken into account while making any changes. A convergence of the telecommunications and broadcasting sectors had led TRAI to review the policy.” Ambika Soni, the Information and Broadcasting Minister said in the Lok Sabha on July 21, 2009. The Department »»»
