ESPN files winding up petition against InCableNet

MUMBAI: First was the shut-off. Now the courts have been drawn into the dispute.

A week after ESPN Star Sports (ESS) cut off signals to Hinduja Group MSO INCableNet over outstanding subscription dues it says have crossed Rs 71 million, it today instituted winding up proceedings in the Bombay High Court.

The petition filed before the court states that despite several service agreements in place, INCableNet had consistently failed to pay up on monthly dues and was in admitted default to the tune of Rs 40 million.

A statement issued by ESS says the Bombay High Court has admitted the petition and listed it for hearing on 29 January, 2004.

In the petition, ESS states that it has entered into various service contract(s) with InCableNet to distribute ESPN and Star Sports channels in Mumbai and other cities, which it services. InCableNet was to pay monthly subscription fees. 

However, ESS alleges, InCableNet has failed to make payments towards the subscription fees in accordance with the contract(s). Despite InCableNet's failure to pay the fees, ESS claims to have kept the services on and made bonafide attempts to persuade InCable to discharge their payment obligations.

The petition ends stating, despite several repeated promises and written commitments, InCableNet has backed out of its promise to pay the admitted sum of over Rs 40 million.

On 10 November, ESS had discontinued the signals of its channels ESPN and Star Sports to IIMCL stating that "IIMCL had failed to pay routine monthly dues, despite repeated collection efforts".

ESS Software VP, affiliate sales, Sricharan Iyengar had pointed out earlier this month that they had received a letter from IncableNet CFO Srinivas Palakodeti, who had assured to pay them Rs 30.65 million, the outstanding amount then. This letter was dated 27 August 2003, but ESPN has not yet realised the money.

A response on the issue is awaited from InCableNet.

Latest Reads
BIG Magic acquires 'Boonie Bears' exclusive FTA rights

BIG Magic has acquired exclusive FTA rights of ‘Boonie Bears’, the No.1 and most popular animated series in China. BIG Magic has renamed it ‘Babloo Dabloo’ for the Hindi viewing audience. Babloo Dabloo airs every Monday – Sunday 10 am – 11 am & 5 pm – 6 pm only on BIG Magic

Television TV Channels GECs
PBL: Setting stage for next big thing on Indian sporting landscape

India has witnessed the emergence of a multi-sports culture over the past few years. This significant development has come on the back of a promising display by Indian sportspersons across various disciplines, the meteoric rise of home grown leagues and the consequent widening of the fan base of...

Television TV Channels Sports
CNNMoney new section will be about the fastest growing economy; MoneyStream app launched

MUMBAI: Attracting 1.8 million average monthly page views, witnessing a 37 per cent growth in video consumption and 16 per cent in unique browsers month-on-month from India in less than a year’s time is not smooth. In its ambitious plan of global expansion, CNN Digital is leaving no stone unturned...

Television TV Channels News Broadcasting
Content a 'Game of Thrones'; AT&T's control over HBO, Cartoon Network, Warner Bros faces regulatory lens

The global media landscape is resulting in a new juggernaut as an internet and cable behemoth yesterday purchased an entertainment conglomerate making the former unmatched in its size and reach to consumers through home broadband, smartphones, satellite television and a battery of movies and cable...

Television TV Channels English Entertainment
US$ 4.5 bn expected from IPL rights; SC recommends accounts scrutiny

The Supreme Court on Friday froze all financial transactions between the BCCI and state cricket associations by directing the apex body not to disburse any funds till it resolves to abide by the Justice RM Lodha panel recommendations on reforms by 3 December . The top court ordered that none of...

Television TV Channels Sports
TVS Tyres is co-presenter for Asian Champions Trophy 2016

Continuing its strong connect with sports, TVS Tyres has associated with Asian Champions Trophy 2016 by becoming the co-presenter. The Asian Champions Trophy is one of the premier hockey tournaments, a much sought after annual international competition promising some great hockey action. This...

Television TV Channels Sports
Q2-17: Zee Learn declares maiden interim dividend

The board of directors of the Essel group’s education company Zee Learn Limited (ZLL) have declared a first time ever dividend of 5 percent per equity share of Re 1 each for the quarter ended 30 September 2016 (Q2-17, current quarter).

Television TV Channels Factual & Documentary
Whether BARC action can stop unethical practices?

MUMBAI: Can businesses and industries practise their art of selling fairly although they have 'Fair Practices' training during academic courses, workshops and several ISO and other certifications? There seems to be the fear of the lawman, and not the law in India. If the traffic cop is watching,...

Television TV Channels Viewership
TV Superhighway: beIN, Yaddo, AfricaXP have joined us, says Magine CEO Ambuj Goyal

CANNES; Magine has secured partnerships with four of the industry’s most exciting sports, documentary and entertainment content providers. Partnerships with beIN, the international media group and owner of MIRAMAX; Yaddo, the new documentary streaming service headed up by former head of The BBC’s...

Television TV Channels Factual & Documentary

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories