Television

Media houses welcome FDI in print media, while politicians oppose it

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/05/03/Untitled-1_6.jpg?itok=Q7Z1AKZ_

The Union Cabinet decision this morning to open up print media to foreign investment has been rah-rahed by industry as a whole. Some professionals Indian television.com spoke to were euphoric, while others said they had expected it to happen. "It's extremely positive," said Mid-Day Multimedia managing director Tariq Ansari.

"The momentum to allow FDI in print media was too strong," said Indian Express Newspapers (Mumbai) CEO & editor-in-chief Shekhar Gupta. "It was expected. I am not surprised by the decision," said The Pioneer editor & managing director Chandan Mitra.

According to sources in The Times of India, its management had done a volte face on its position on FDI in print media. Sources say that Bennet Coleman & Co vice-chairman Samir Jain was in the Mumbai offices and an edit was expected to be out for tomorrow's edition of the paper welcoming the decision. 

This morning, the English language daily paper had an editorial entitled "Meddling with the Media" which stated that "both prime minister Vajpayee and information and broadcasting minister Sushma Swaraj (who) had promised that the government would go by the recommendations of the Committee. It is not clear why they are moving now, and that too surreptitiously, to thwart its verdict. In adopting this stand, the Vajpayee government is treading a perilous path of ignoring the principle of consultation with not just cabinet and parliamentary committee, but the opposition as well, on matters of national importance. It is also setting the stage for undermining the country's security. Indians have long complained that the western media consistently skewed reporting on terrorism and its Pakistani connection till the attack on the World Trade Center. Ironically, this is a lesson that should have been best understood by a government that claims it has been hurt by the depiction of its prime minister by an American news weekly."

The Shobhna Bharatiya headed Hindustan Times has also been critical of the Union Cabinet decision calling it controversial saying that "the government decision comes in face of outright rejection of FDI in print media by a Parliamentary Standing Committee and stiff opposition from several political parties, including some ruling NDA constituents."

The Indian Newspaper Society president Pratap Pawar reportedly has decried the FDI policy saying that it will "sound the death knell for small and medium newspapers besides badly affecting the country's large newspapers." 

The chairman of the Mathrubumi group of newspapers and vice-president of the Indian Newspaper Society M P Veerendra Kumar has also trashed the decision, and has been quoted as saying "foreign investors will not care what we hold dear. They will be driven only by commercial considerations. We must oppose it."

However, financial daily Business Standard editor T N Ninan has being quoted as saying that that London-based pink paper Financial Times is extremely eager to pick up an equity stake in Business Standard Ltd.

On the political front, the Bharatiya Janata Party refused to comment on the issue, while the Congress (I) and the Left parties opposed the government's decision. The Congress (I) spokesperson said the party's position on the 1955 Cabinet resolution has not changed and that it would take an appropriate position on it when it comes up before parliament.

The Communist Party of India Marxist said that the government was playing a dangerous game by handing over the print media to imperialist forces which have been carrying out a malicious propoganda. Its spokesperson, Harkishen Singh Surjeet, has been quoted as saying that it will be harmful for democracy and would benefit foreign companies and other countries.

The stockmarkets, however, saw a lot of positivity in the government's decision and pushed up the prices of media shares such as Navneet Publications (up 11 per cent), Sahara Media, Mid-Day Multimedia and Tata Infomedia. This despite the dampening news of industrialist and Reliance Group founder Dhirubhai Ambani's ill health and hospitalisation. 

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/12/colp.jpg?itok=xKojrAKq
Republic TV to track real-time data for Gujarat elections

MUMBAI: Republic TV has partnered data-science company Gramener to track real-time data, along with analysis, during the Gujarat elections. According to a release sent by Republic TV, “Gramener will help enhance the visual look both on-air and on Republic’s digital platforms to present the data in...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/12/nakul1.jpg?itok=n95iPoI2
Nakul Chopra is new BARC chairman

MUMBAI: Nakul Chopra, currently president of Advertising Agencies Association of India (AAAI) and senior advisor of Publicis Communications, has been elected as the next chairman of BARC India. Chopra succeeds Viacom18 group CEO Sudhanshu Vats, who has completed his one-year tenure as chairman.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/12/nitin.jpg?itok=w3KFq-K3
Nitin Kukreja joins iQuest

Former Star India sports head Nitin Kukreja has joined iQuest Enterprises as its chief executive officer. Kukreja had left Star in March this year. IQuest is an enterprise of Nimmagadda Prasad, the former owner of the Maa TV group, who has multiple business interests ranging from infrastructure to...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/12/sun.jpg?itok=qmg25IGp
Sun TV's unassailable lead continues, while Zee TV leads Hindi across genre

BENGALURU: The Sun network's flagship Tamil general entertainment channel (GEC) Sun TV continued its lead in ratings across all GECs on Indian television for week 48 of 2017 (25 November to 1 December 2017) according to Broadcast Audience Research Council (BARC) weekly ratings data

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/11/vikas.jpg?itok=zxlytGcp
Republic TV, BTVI join hands for budget coverage

MUMBAI: Republic TV, spearheaded by Arnab Goswami, and Business Television India (BTVI) have entered into an alliance for content and programming around Union Budget 2018. The Republic TV- BTVI alliance promises to offer viewers a distinctive experience.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/11/nba_0.jpg?itok=C2zPkp_A
Mairu Gupta and the art of building the NBA in India

MUMBAI: For basketball fans worldwide, the US National Basketball Association (NBA) represents the mecca of the sport. But in India, the NBA has had its task cut out, what with cricket presenting a near impenetrable line of defence.

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/09/cnn-news18-year.jpg?itok=rbLMcF5z
CNN-News18 'Indian of the year' 2017 special Telecast on 9 and 10 December

MUMBAI: The awards night of the annual and flagship initiative of CNN-News18, ‘Indian of the Year – 2017’ will be telecasted on the 9 and 10 of December at 9:30 PM on the channel. The initiative, whichrecognizes and awards the exceptional contribution and achievements of the iconic Indian citizens...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/09/rodies.jpg?itok=2krWNvsY
Music channels bet on shows to boost viewership

MUMBAI: Seems like music channels are playing second fiddle to online music platforms when it comes to playing tracks. In an attempt to grab more eyeballs, pure-play music channels on television are moving away from the music content and focusing more on the youth-centric shows.

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/08/gossip.jpg?itok=xw4jvLW4
Zee TV leads Hindi GECs in week 48 of Barc ratings

MUMBAI: Zee TV emerged as the leader among Hindi general entertainment channels (urban + rural) dethroning Zee Anmol, according to Broadcast Audience Research Council’s (BARC) all-India data for week 48.

Television TV Channels GECs

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories