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/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