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etc has dropped its plan of launching a Hindi news channel, after the entry of Aaj Tak. Ruperistaan, the company which was floated to set up the news channel, has closed down. The news bureaus in 18 centres spread across the country have shut their opera
The Mumbai High Court has directed InCablenet to pay ESPN Software India Limited for 175,000 subscriber homes till further orders. As per the court directives, InCablenet has to deposit in court a sum of Rs 4 lakhs per month for additional 25,000 subscribe
According to the latest IRS 2001 survey conducted by the Media Research Users Council and ORG-MARG, the reach of the Press and TV has remained virtually the same as compared to last years. The Hindu daily Dainik Bhaskar topped the list of newspapers with 1
The Foreign Investment Promotion Board (FIPB) has approved the proposal of Broadcast Worldwide to issue fresh equity shares of 752,000, amounting to around Rs 3.6 crore ($0.8 million) to Crombie International Limited. The issue of shares to Crombie will en
A potential nightmare for the TV, ad and marketing industries may be closer to reality than commonly believed, and it's called TiVo. A top TiVo executive speaking at National Cable & Telecommunications Association convention in Chicago said, users of the
Procter & Gamble Co. has decided to split its $256 million German media planning budget, its biggest in Europe, between Bcom3 Group-owned Stracom, Frankfurt, and Grey Global Group's MediaCom, Duesseldorf. The appointment comes as a blow to the third agenc
Zee Telefilms LTD is planning a major strategy for tapping the rural market. The rural strategy will involve seeding rural areas aggressively with decoder boxes, at a lower price or on easy rentals. Zee is holding negotiations with multi-system and indepen
Tanishq, withdrew its controversial advertisement in Patna, following protests by women organisations. The advertisement on hoardings read: “Vivah zewar shudh na ho to beti par kya guzregi? The controversial advertisement was displayed on hoardings located
As Zee bouquet goes digital and encrypted, it is facing problem in restoring connectivity. High subscription cost of Zee TV, delays in distribution of 'integrated receivers and decoders' and relatively low pull of other Zee channels are the reasons report
CMM Music Channel plans to enter into an agreement with Popular Entertainment Network (PEN) where the new partner will handle the channel’s content, equipment and manpower requirements. The revenues will be shared equally between CMM Broadcasting Network a
Even as broadcasters and cable operators continue to fight it out over the issue of under-declaration of subscriber homes, TV channels strongly believe that subscribers can play a crucial role in resolving the problem. With the Star and Zee channels going
With Zee Network turning digital, encrypted and pay, it’s estimated to earn over Rs. 225 crores from subscription revenues. Estimates are based on Zee TV, Zee Cinema and Zee News channels connectivity data as per NRS 2000 and the household subscription rat
AOL Time Warner's Fortune Group agreed to acquire the assets of Business 2.0 from Imagine Media and fold them into eCompany Now. The acquisition will close in four to six weeks, pending regulatory and shareholder approvals.
Andrey Purushottam, who started Asiacontent.com in India, has left the company to join Stracom Worldwide as the head of its Indian operations. Stracom is the media specialist division of Leo Burnett.
Four media scrips from the B1 group posted record volumes on the Bombay Stock Exchange (BSE) today. Balaji Telefilms, Crest Communication, Tips Industries, and Television Eighteen posted their highest-ever volumes in a single trading session on BSE. Market
With more and more Channels getting into the pay mode, the ongoing tussle between the cable operators and broadcasters threatens to spill over into viewers’ drawing room. Alongwith ESPN Star Sport, Zee TV has also disappeared from television screens across
In an interim order, the Mumbai High Court (HC) has ordered the ESPN-Star Sports to restore the signals to INCablenet The ESPN-Star Sports had switched off the signal to INCablenet after reaching a deadlock on the increased subscription rate hikes for the
Information and broadcasting ministry is willing to take a fresh look at the issue of allowing investment by FII, NRIs and OCBs in the print media, provided the ownership and editorial control remain with Indians.
Viacom Inc plans to use its MTV Networks unit as the foundation of its global strategy, with focus on emerging markets in China, India and Brazil. MTV, which reaches 340 million homes worldwide, is growing very fast in Asia, reaching nearly 130 million hom
Discovery Networks Latin America/Iberia has selected Omnicom Group's BBDO Worldwide, Miami, to handle regional advertising for its six pan-regional pay-TV networks: Discovery Channel, People + Arts, Animal Planet, Discovery Kids, Discovery Health and Disco
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