Television

Star likely to announce news channel partner within 20 days

NEW DELHI: The Rupert Murdoch-controlled Star expects to make an announcement over the next 15-20 days regarding probable partner(s) for its news venture, which would have to have an Indian collaborator holding not less than 74 per cent equity stake. It would be this entity that would then apply for uplinking news content from India for Star News channel.

"We think that over the next fortnight or so we would have to make an announcement (regarding news uplinking)," Star India COO Sameer Nair told indiantelevision.com on the sidelines of a media briefing announcing here the launch of an action serial, Ak...tion Unlimited Josh, to be put on air from 16 May on Star Plus.

Though Nair was not forthcoming on any further details on the probable partner(s), it is reliably learnt by indiantelevision.com that some talks are being held in Delhi too.

Star either buys 26 per cent in an Indian company or forms a venture where Indians hold 74 per cent equity to conform to India's new uplinking policy on news channels announced in March. Under a transitory clause in the policy, Star and CNBC India had been granted 90 days time to complete restructuring as per the local laws.

Media has been abuzz with rumours as to who all can be Star's partners if it decides to collaborate with more than one partner. Recently, two business dailies had floated the name of a premier corporate house of India, the Tatas, having interest in diversified fields like hospitality, IT, telecom, cement, etc.

Interestingly, while one report said that the Tatas may pick up a minority stake of between 0-15 per cent in the uplinking company for news, the other report from Mumbai had stated that the Tatas are looking at collaborating with Star on a KU-band direct-to-home television venture.

Conflicting signals from Star has not helped the matter much. "When we finally announce the name(s), it may take everybody by surprise," another senior Star executive has said.

But what looks certain is that this time round Star would not like to wait till the nth hour to finalise things as it may put a question mark on the continuation of Star News after the 90-day deadline given by the Indian government.

After Star gets its act together, the new company would have to get various government clearances.

Industry sources also said that the Indian bourses-listed Television Eighteen Ltd. is also close to wrapping up talks for a restructuring of CNBC India wherein CNBC Asia would offload part of its 51 per cent equity stake 

in CNBC India.

The Mauritius-registered CNBC India, that oversees the working of the business channel of the same name, is a 49:51 per cent joint venture between TV Eighteen and CNBC Asia.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/15/mukta.jpg?itok=ZHT0DMSs
Mukta A2 Cinemas launches the newly acquired SunCity Multiplex

Mukta A2 Cinemas, a well known chain of cinemas from the brand Mukta Arts Ltd, announces the launch of its new property SunCity Mukta A2 Cinemas, located at Vile Parle, Mumbai. The launch took place on 15th June 2018 and was celebrated with the release of this month’s most awaited action-drama,...

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/15/poli.jpg?itok=gJTbftHf
Polimer TV, Gemini Movies make presence felt in BARC's week 23 data

MUMBAI:  Polimer TV, Tamil language satellite television channel and Gemini Movies, a Telugu movie channel of Sun Network, were the two new entrants in the Tamil and Telugu markets after BARC released its ratings for week 23. Star Jalsha and Zee Marathi topped their respective markets, while the...

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/15/sunzee.jpg?itok=JVYTocjX
Sun TV, Zee Anmol almost neck-to-neck in across genres

BENGALURU: Zee Entertainment Enterprises Limited (Zeel) free to air (FTA) Hindi general entertainment channel (Hindi GEC) Zee Anmol entered the bastions held by either the Sun TV Network’s flagship Tamil GEC Sun TV or the channel that aired the Indian Premier League (IPL) in week 21 of 2018. Zee...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/13/eklection.jpg?itok=Nv1LuT-G
With four elections due, networks with regional news channels set to benefit

With four key assembly elections lined up towards the end of the year, India's regional news channels could be laughing their way to the bank. In a bid to maximize their revenues, channels are in the process of sprucing up their programming and hiking ad rates. iTV Network, Network18, Zee News...

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/15/markand.jpg?itok=Qn1oGiTi
Markand Adhikari re-appointed by TV Vision as MD for three years

TV Vision has re-appointed Markand Adhikari as managing director of the company for next three years. The appointment is subject to approval from the members at the ensuing General Meeting of the company.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/14/republic.jpg?itok=9_WC765_
BARC Data: Republic TV continues to lead English news

Arnab Goswami’s Republic TV continued to dominate the English news market in the latest All India Broadcast Audience Research Council’s (BARC) week 23 rantings. While Aaj Tak led the charts in two Hindi news markets, News 18 India replaced ABP News in top five in the rural segment.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/14/kumkum.jpg?itok=c7Xrk8nw
Colors emerges leader in GEC urban in BARC's week 23 data

Viacom18's free to air (FTA) channel Rishtey witnessed a drop of five places, from second to seventh, as compared to last week in Broadcast Audience Research Council (BARC) data for week 23 of 2018 in the Hindi GEC (U+R) market. While Sony Pal and Rishtey exchanged their second and third positions...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/14/pirates.jpg?itok=Q5MzHlu2
Get on Deck for the premiere of Pirates of the Caribbean: Salazar’s Revenge

MUMBAI: Theunscrupulous legend- Captain Jack Sparrow,is all set to commandeer the Home of Hollywood Blockbusters – Star Movies. The channel will air the latest film of the popular Pirates series, Pirates of the Caribbean: Salazar’s Revenge onJune 17 at 1 pm & 9 pm.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/14/copyright.jpg?itok=F0_a_673
Sony partners with Markscan to tackle illegal streaming during FIFA World Cup

The 2018 FIFA World Cup kicks off today with the host nation Russia taking on Saudi Arabia. While the world's top teams will battle it out on the pitch, Sony Pictures Network India (SPNI) is tackling a different set of opponents off it. Broadcasters have been dealing with the menace of illegal...

Television TV Channels Sports

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories