PVR, the country’s biggest chain of multiplex cinemas by far, indicated that the worst was behind for the company, as customers started trickling back into theaters in November and December. Nevertheless, the pace of recovery continues to be very gradual. For the three months ended December, PVR’s operations generated revenue of Rs 45.40 cr. This […]
Credit rating agency ICRA has revised its revenue target for the TV broadcasting sector in India due to a faster than expected bounce-back in advertisement revenue and strong growth in subscription incomes. The ratings company, however, kept its forecast for the print industry unchanged, predicting a decline of 30% for the ongoing financial year. BROADCAST […]
Reliance Jio, whose entry into wireless telecom decimated the competition, seems to be all set to repeat its performance in the wired broadband space. The company added a whopping 3.03 lakh wired connections and 2.7 lakh fiber broadband connections in the month of September. Before this, the record for the highest number of wired broadband […]
The management of Chennai-based Sun TV Network seems to have abandoned the earlier ‘hybrid strategy’ for its digital platform and come to the conclusion that an advertising-led model will likely not work in the video-on-demand universe in the longer term. The company’s Sun NXT app has been by far the most aggressive player as far […]
Radhika and Prannoy Roy, the couple who started and continue to head India’s oldest dedicated news channel NDTV, have disputed findings by the stock market regulator that they engaged in insider trading and said they will appeal the regulator’s order. On Friday, Securities and Exchange Board of India had issued an order directing them to […]
Zee5, the on-demand content app from Zee Entertainment, has stopped sharing its content with the content app of at least one telecom player. Punit Goenka, CEO of India’s largest home-grown television broadcaster, said his company has decided not to renew a content sharing deal with a telecom player when it expired in August. He said […]
Bharti Airtel said it has expanded its broadband offering under tie-ups with local cable operators to 48 cities as of the end of September, up from 18 cities three months earlier, and will scale it up even faster in coming days. It said it took seven eight months to get the model right, but the […]
GTPL Hathway, one of India’s top cable TV and cable internet providers, indicated it was not overly worried about telecom players like Bharti Airtel luring away its local cable operator partners under their new LCO partnership strategy. Bharti Airtel had announced some weeks ago that it plans to authorize local cable operators (LCOs) to resell […]
The number of new broadband subscribers added per month on Jio Fiber — the wired connectivity service from Reliance Jio — has crossed the 1 lakh mark for the first time — a year after the company started giving connections commercially. According to India’s monthly broadband addition numbers, the total number of high-speed internet users […]
Sun cuts NCF by 62% from Rs 153 to Rs 59 per month Makes it the cheapest pay DTH or cable service in India Could pressurize other DTH players to follow suit When TRAI’s new tariff order came into effect in early 2019, both the regulator and the consumers expected monthly cable and DTH bills […]
Record label Saregama India has launched Carvaan Mini Kids, the kids edition of its extremely successful Saregama Mini ‘radio’ product with built in digital audio content. Unlike Carvaan and Carvaan mini, which come with popular songs and similar content for adults, the Carvaan Mini Kids — priced at Rs 2,990 — comes with rhymes, stories […]
Hathway Cable and Datacom, part of the Reliance Jio network, has started offering India’s cheapest cable TV tariff plans for customers in some parts of Mumbai. At a price of Rs 100, Jio Hathway is giving practically all the popular channels in India in standard definition, and at 200 rupees per month, in HD. Jio […]
Even as evening TV viewership has fallen back to its pre-COVID levels after the COVID-19 lockdown, overall TV viewership continues to remain elevated due to higher levels of daytime consumption in the era of work-from-home. According to numbers disclosed by Sunil Lulla, CEO of TV viewership measurement agency BARC, TV viewership in India has gone […]
As Vodafone Idea unveils a new brand identity, the financial troubles facing the company has as thrown into question the very future of the Indian telecom operator. There has been speculation that American telco Verizon or online retail giant Amazon may infuse money into the operator, but such rumors have been quashed by the Indian […]
The Direct to Home (DTH) satellite broadcasting service has emerged as perhaps the only segment that has seen a clear benefit from the COVID-19 lock-down, with all three listed players seeing an increase in their customer revenue during the lock-down. The biggest jump in revenue was reported by Airtel Digital, which saw its revenue jump […]
When Mukesh Ambani announced the tariff plans of Reliance Jio Fiber a year ago, most of the people who were eagerly waiting for the commercial services to launch were disappointed as there was nothing special about the company’s tariff card. However, its rivals were relieved, because their fears about a mega disruption in the market […]
Reliance Jio, which started wired broadband operations in September last year, has started speeding up the roll-out of its Jio Fiber service after an initial slow-down. The company started the service with around 8 lakh connections as of October end, most of which were converts from its trial service. Over the next two months, it […]
Sun TV Network, one of India’s largest home-grown broadcasting companies, said it will redraw at its investment plans for SUN NXT over the next three months in light of the app’s performance and the company’s cash flow. The company had, a year ago, announced that it will invest Rs 150 cr over 18 months to […]
Sun TV Network, one of India’s top three home-grown broadcasters, said it did not expect a negative impact on its subscription revenue due to the implementation of TRAI’s amended television tariff order or NTO 2.0. The company said it was confident of working out a way to make sure that the average amount paid by […]
After getting postponed several times, an application by broadcasting companies such as Zee Entertainment Enterprises against the latest TRAI directive to implement the new tariff order has been listed for hearing tomorrow morning. The application was originally listed before the Bombay High Court for hearing on last Thursday, but there was no hearing on account […]
