Will clear bills of broadcasters in 4 weeks: Pantel


MUMBAI: Even as Reliance Big TV announced its shutdown, it owed more than Rs 100 crore to broadcasters like Star India, ZEEL, Sony Pictures Networks India, TV18, Viacom18, Sun TV, and Discovery Communications India.

The tribunal stated that the accommodation has been granted to Pantel and other non-official respondents on the condition that they will make sincere efforts to settle the claims of the broadcasters, particularly those of Star India and ZEEL at the earliest.

The tribunal had also directed Star India not to disconnect signals to the DTH operator till the next date on the condition that a further amount of Rs 50 lakh will be paid by Pantel by 2 February.

?We have been assured on behalf of respondent no. 3 that it will make sincere effort to settle the claims of all the petitioners at the earliest and in total it may require about four weeks to do so,? the TDSAT noted.

Earlier, the tribunal had stayed the disconnection notice by Star India on the condition that an amount of Rs 3 crore will be paid on account by Pantel before the next date 30 January.

Pantel had paid 50 per cent of the amount within one week while the company?s counsel handed over the cheque for the remaining Rs 1.5 crore before the tribunal. The delay in paying the balance Rs 1.5 crore on time was condoned by the tribunal.

It also assured of settling Discovery Communications India?s claim of Rs 7.23 crore in the same time frame. The tribunal directed Pantel to settle the dues of Cinema 24?7 also within a week or two.

ABP News Network, which has also impleaded in the matter, submitted the claim for a small amount of Rs 14 lakh approximately. The Pantel counsel assured that this claim will be settled as per mutual satisfaction within a week or two.

Also Read:

Reliance Big DTH to take FTA route under new management?

Sab Group, Pantel Tech join hands to launch over 20 FTA channels

Latest Reads

Tata Sky to launch Telugu and Tamil cinema

Tata Sky recently launched value-added services - Tata Sky Telugu Cinema and Tata Sky Tamil Cinema, priced at Rs 45 per month. The ad-free services are affordable by people of all age groups, geographical and socio-economic boundaries.

DTH DTH Services
Dish TV appoints Ranveer Singh ahead of festive season

DTH operator Dish TV has launched its new campaign with Bollywood superstar Ranveer Singh as its ambassador.

DTH DTH Operator
DTH subscriber growth slow in first half of 2018

Growth of direct to home (DTH) subscriber base of private players in India was the slowest in five half-years for the half year ended 30 June 2018 (HY 2018, half year under review) as per Telecom Regulatory Authority of India (TRAI).

DTH DTH Operator
DishTV launches ‘Thriller Active’ service on both platforms

Dish TV India Limited, world’s largest single-country DTH Company, is delighted to introduce a never heard before value added service-

DTH DTH Operator
Dish TV ropes in Mukund Cairae as biz head sports and exclusive content

Dish TV, the largest DTH operator in India, has appointed Mukund Cairae as business head sports and exclusive content.

DTH DTH Operator
SPN’s riposte to Tata Sky yanking off its channels

A commercial dispute with Sony Pictures Networks India (SPN) and TV Today group has left DTH provider Tata Sky’s subscribers in a rather tricky position.

DTH DTH Operator
MIB reiterates 45-day alert to pubcaster on sports signal sharing

Ministry of Information and Broadcasting (MIB) has reiterated that broadcast rights holders of sporting events for the India region should inform pubcaster Prasar Bharati of signal sharing details at least 45 days in advance.

DTH DTH Operator
D2H brand increases focus on South, launches new customer awareness TVC campaign

D2H, brand of Dish TV India Limited, the world’s largest single-country DTH Company, has launched a 360-degree TVC campaign for its southern market, highlighting the maximum number of entertainment offerings by the brand.

DTH DTH Operator
Irdeto Partners with Airtel to Secure Content on Airtel’s Digital TV Platform

Irdeto has partnered with Bharti Airtel (“Airtel”), India’s largest telecommunications service provider, to secure all content offered on Airtel’s Digital TV services. As part of the strategic partnership, Irdeto will deploy its security solutions to secure the linear channels offered on the set-...

DTH DTH Services

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories