
Sony going pay 30 June at Rs 8 sticker price
(Posted on 4 May, 3:00 PM)
Its unofficial!!! Industry sources confirmed today that Sony
Entertainment will become encrypted from 30 June.
The channel will be priced at Rs 8 per subscriber with the set
top box costing the cable operator Rs 6,000 initially and a balance
of Rs 6,000 to be paid after six months
Industry grist had it that SET would be following Star TV and
Zee TV (encryption 1 June) and would go pay by year-end but it
looks like the channel calculated there is no need to wait that
long.
With the target date advanced by almost six months, whether
it will manage to roll out all the boxes to its cable affiliates
is not clear. But the channel's management had a meeting two days
ago where a decision was taken to set that as the target date.
The company has to import the set top boxes, which can prove cumbersome
as Zee TV has found out in the past when its boxes from Philips
were delayed. Even Discovery had its set tops caught up in customs
for quite a while. Hopefully Sony will not be caught on the wrong
foot a la Discovery.
Sony's decision to encrypt at a time when it is losing cachet
with audiences (its viewership ratings have been declining) may
surprise some observers. However, the fact is that it too has
been caught up in the momentum in the industry towards digital
pay TV bouquets. Its bouquet consists of SET, Max, AXN and CNBC.
Other channels are slated to be added to it in the not so distant
future.
Sony officials declined to comment, saying that an official announcement
is to be made soon.
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