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Sony,
Hathway reach compromise on issue of paid connectivity;
SetMax, AXN, CNBC back on feed
(Posted on 24 January 2:30 pm)
Sony
Entertainment Television and the Rajan Raheja-owned Hathway
Cable & Datacom have reached agreement on a dispute that
had developed over unpaid dues as well the declared connectivity
of its pay channel service of SetMax, AXN and CNBC.
The
channels, which were off air since 2 January on the Hathway
feed, began beaming again on Monday in Mumbai, Pune and
Nashik - the areas under dispute. According to Sony, the
dues outstanding were Rs 1.5 million for the period from
June 2000.
Officials
in Sony and Hathway were tightlipped as to nitty gritty
of what had been agreed upon vis-a-vis the declared paid
connectivity of the three channels. But it is believed that
Sony had to scale back its demand of a threefold increase
in the declared connectivity of paid subscribers from November
2000.
According
to cable industry sources, Hathway earlier had a declared
paid connectivity of around 10,000 for SetMax in Mumbai,
20,000 for CNBC, and 40,000 for AXN.
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