Television

Govt ponders FDI cap in broadcasting sector

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/03/07/Untitled-1_33.jpg?itok=PklaJYqx

NEW DELHI: The Indian government is exploring the possibilities of making some changes in the existing policies relating to foreign investment in the broadcasting sector.

A consensus emerging within the government is that FDI norms should be same for both the print and electronic media. More so if it pertains to news. 

The industry ministry, under whose jurisdiction the Foreign Investment Promotion Board (FIPB) falls, has recently issued another set of detailed guidelines for FDI in various sectors, including broadcasting, reiterating the fact that FDI through automatic route, as is permissible in some sectors, is not permitted in the broadcasting sector. 

"If the FDI limit in print medium's news category, for so many years kept out of bounds for foreign investors, is 26 per cent, why should it be 100 per cent in the electronic medium?" a senior minister in the Bharatiya Janata Party-led coalition government said when asked for an opinion on FDI in the electronic medium. 

Information and broadcasting minister Sushma Swaraj too told a fellow parliamentarian in Rajya Sabha on December 10 that if they want, the government is willing to have a debate on the issue of FDI in the broadcasting sector. 

The issue of FDI in the broadcasting sector is gaining prominence because of a proposal from Star to take control of Star News channel completely through a company based in the Virgin Island, that will be indirectly controlled by News Corp. Swaraj too referred to this aspect in the Indian Parliament. 

Swaraj had also said that she would prefer to take the issue of Star News channel to the Union Cabinet. However, till today no apparent move in that direction has been made by her ministry. "Maybe the minister is waiting for the Parliament session to get over before she takes the Star case to the cabinet, " a senior government official told indiantelevision.com today. 

Parliament adjourns sine die on 18 December to be reconvened for the Budget session early next year. With the government having announced the guidelines for FDI investment in the print medium, a school of thought in the government that feels that FDI norms for the news category should be capped at print medium level is slowly gaining ascendency over the more liberal minded ones. 

In the print medium, FDI for the news category is capped at 26 per cent with one of the riders being that one single Indian shareholder should hold 51 per cent equity. In the non-news category, FDI up to 74 per cent is permitted. 

It is in the light of such developments that the recent industry ministry note gains significance. The note, while detailing FDI norms, states that in a TV software production company, 100 per cent FDI is allowed subject to the condition that a) all future laws on broadcasting and no privilege of protection by virtue of approval accorded and (b) not undertaking any broadcasting from Indian soil without government approval.

FDI, including FII/NRI/OCB/PIO, in hardware facilities such as uplinking and hubs is welcome in private companies incorporated in India within permissible limits, that is 49 per cent, inclusive of both FDI and portfolio investment. The uplinking facilities may also be used for hiring out the services to various broadcasters, the industry ministry says. 

The note further makes it clear that in cable networks, foreign investment up to 49 per cent (inclusive of both FDI and portfolio investment) is allowed of the paid-up share capital of the company. 

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/22/Ajay%20singh.jpg?itok=kAtpJZZK
SpiceJet's Ajay Singh may take control of NDTV

MUMBAI: NDTV may change hands as its founders -- Prannoy Roy, Radhika Roy and the promoter firm RRPR Holding -- are facing a CBI probe for allegedly concealing a share transaction. Singh will have controlling stake in NDTV of around 40 per cent and the promoters Prannoy Roy and Radhika Roy will...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/22/ZEE.jpg?itok=joRzwzAl
Zeel channels continue to rule across genres

BENGALURU: In what seems to have become almost normal over the last few weeks, Zee Entertainment Enterprises Limited (Zeel) channels Zee TV and Zee Anmol continued their Hindi GEC supremacy in the weekly top 10 channels across genres list for week 37 of 2017. Broadcast Audience Research Council of...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/22/Abhishek%20Maheshwari.jpg?itok=bzl-kP5R
Disney pushes brand bindass as it merges with bindass Play, enters OTT space

MUMBAI: It's hardly a week since Disney India rebranded its movie channel UTV Movies, and now the network has consolidated its two channels -- that is bindass and bindass Play. Along with that, in its promise to be omni-present across platforms, bindass will launch an OTT platform for the...

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/22/DD_Kashir.jpg?itok=mZBvSFYf
DD Kashir bids: Prime Focus, Beehive, Grasshopper get breather

NEW DELHI: The three agencies which had been shortlisted by Doordarshan to undertake the channel packaging work for its channel DD Kashir can now submit their bid amounts by 29 September 2017.

Television TV Channels Terrestrial
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/21/kbc.jpg?itok=CMtI933J
Sony Entertainment climbs to second position, Zee Anmol retains lead in two markets

While Zee Anmol retained lead in two markets, KBC-backed Sony Entertainment bagged the second position with high ratings in the urban market. Zee Anmol retained lead in Hindi (U+R) and rural markets, whereas Star Plus led the urban market in week 37 of Broadcast Audience Research Council (BARC)...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/21/Arnab-Story.jpg?itok=_k8ssaP8
English News ratings' slide continues although Republic TV viewership improves slightly

The Arnab Goswami headed Indian English News channel Republic TV has been leading the genre in terms of viewership right from week 19 of 2017, the week the channel was launched.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/21/pkl.jpg?itok=QRMl_i1P
Sports: Star India channels pocket four out of top five slots

One would easily spot Star India taking over four of the top five positions in BARC India's week 37 sports ratings data, doubling its tally as compared to week 36. Last week, Sony had conquered three slots out of the top five list.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/21/Kisan_channel1.jpg?itok=nz2R35_l
Nine Doordarshan 'kendras' fail to utilise budget for Kisan channel

NEW DELHI: Nine Doordarshan 'kendras' (centres) including four in the northeast failed to utilise budgetary allocation for Kisan channel programmes in the first quarter of 2017-18. On the other hand, the Central Production Centre in Delhi exceeded using its allocated budget.

Television TV Channels Terrestrial
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/20/partha-dey.jpg?itok=VFLSvk43
Dishum Broadcasting appoints Partha Dey as COO

Dishum Broadcasting has appointed Partha Dey as the chief operating officer (COO), reporting to the board of directors. His new portfolio would include overseeing and managing broadcasting operations including programming, OAP, consumer research and branded content.

Television TV Channels People

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories