All Entries Tagged With: "HITS"
Two-tier FDI cap in media finalised
New Delhi: With the ministry of finance giving its nod, the decks have been cleared for the implementation of a simplified, two-tier policy on foreign direct investment (FDI) cap in media. Now, a 74% uniform cap for non-news media (carriage services) and a 26% cap for news media (content) shall apply. Also, up to 49% FDI in the carriage service providers (like multi-system operators or MSOs, DTH broadcasters, headend-in-the sky or HITS operators, and providers of mobile TV, satellite teleport and IPTV services) will be automatically allowed. But any FDI above 49% will need Foreign Investment Promotion »»»
Lok Sabha passes cable digitisation bill
NEW DELHI: Lok Sabha today passed the second Bill to amend the Cable TV Networks (Regulation) Act 1995 that aims to replace the Ordinance promulgated in October. Information and Broadcasting Minister Ambika Soni, while talking on the discussion on the Bill, assured the cable operators that they would not be “put out of business” contrary to fears expressed by some quarters with digitisation of cable services, and capacity building programmes would be held to apprise them with new technologies. Soni said that an enabling provision had put in place to the effect that only Rs 200,000 to »»»
Raising FDI in Media would attract foreign investors: WWIL
Sudhir Agarwal, CEO , WWIL, in an interview with ET Now talks about company’s overall condition and prospect. Excerpts: ET Now: This is a good news for the industry as a whole, FDI in DTH being raised from 49% to 74%, give us a sense of what kind of an impact this could potentially have on WWIL? Sudhir Agarwal: It is a very good and encouraging initiative from the government to raise the current FDI limit across platforms in our industry from 49% to 74% across DTH, IPTV, MSO platforms. As you would know, government recently announced an initiative to digitise the whole country and they came »»»
Govt plans to raise FDI cap in DTH, IPTV and FM
NEW DELHI: The information and broadcasting ministry has proposed to increase foreign direct investment limit across media platforms — in direct-to home, internet protocol TV (IPTV), multi-system operators and FM radio — to bring in consistency, according to sources. The FDI in DTH, IPTV and MSO is likely to be raised from 49% to 74%, while the investment in FM radio will be increased from 20% to 26%. The proposal based on broadcast regulator Trai’s recommendations has been sent to the department of industrial policy and promotion (DIPP) under the ministry of commerce. Sources »»»
TDSAT sets aside Trai’s broadcaster tariffs for DTH players
Broadcast tribunal Telecom Disputes Settlement and Appellate Tribunal (TDSAT) today set aside sectoral regulator Telecom Regulatory Authority of India’s (Trais’s) attempt to cap the wholesale price of channels for DTH and IPTV service providers at 35 per cent of the rates they charge cable operators. Earlier, broadcasters charged them half of what they got from cable operators. Setting aside Trai’s tariff order, TDSAT has asked it to fix afresh the tariffs that broadcasters can charge from DTH and IPTV players. “Trai should start tariff fixation after taking relevant factors »»»
Govt in favour of 74% FDI for DTH: Raghu menon
NEW DELHI: The Information & Broadcasting Ministry would like to take forward the recommendation of the Telecom Regulatory Authority of India (Trai) to up foreign direct investment in direct-to-home to 74 per cent but there are processes involved before this can be done, said I&B secretary Raghu Menon. Menon said DTH had taken television to the remotest corners of the country and so the government would like to encourage the sector. On another issue, he said Trai had recommended a complete switch-off of analogue by 2013, but that was a complex issue and may not be easy to implement. He »»»
WWIL eyes Rs 3.4 bn revenue in FY’11
MUMBAI: Wire and Wireless (India) Ltd is targeting a revenue of Rs 3.4 billion and expects to be Ebitda positive for the full-fiscal, a source close to the company said. Fuelling this over 20 growth will be the MSO’s entry into new markets, a projected rise in carriage revenue and growth in subscription income. WWIL is setting up a joint venture company, Siti Vision, with a group of people who have strong ground control to revive its presence in Hyderabad. “WWIL will hold 51 per cent stake. The content has been tied up with the broadcasters and the cable TV service will launch in September. »»»
