'Fun Republic' recruiting in Mumbai, Ahmedabad

NEW DELHI: The United Progressive Alliance (UPA), the banner under which the new coalition government has been formed in Delhi, today announced the adoption of a common minimum programme (CMP) that pledges to take the lead in introducing the Women's Reservation Bill, repeal a controversial anti-terrorist law, POTA, and encourage foreign investment in certain sectors. But, surprisingly, unlike its predecessor, the UPA is silent on media and entertainment.

The nearest that the CMP comes to media, if it can be called that, is a passing mention to information technology where it is stated, "UPA government will set up a National Manufacturing Competitiveness Council to provide a continuing forum for policy dialogue to energise and sustain the growth of manufacturing industry like food processing, textiles, engineering, consumer goods, pharmaceuticals, capital goods, leather, and IT hardware."

At the beginning of its tenure, the National Democratic Alliance government, which was voted out of power in the recent general elections in India, had made its mind clear on the media industry in its common minimum agenda by stating that it was not in favour of permitting more than 20 per cent foreign investment in certain sectors of the media, including KU-band direct-to-home television services.

Though there was no mention of opening up the news sector in both the print and the electronic media to foreign investment, the previous government actually went ahead and formulated guidelines in this regard. In that way, the NDA government could be termed as having taken historic decisions by upturning a cabinet decision of 1956 that banned any foreign investment in the news sector of the print medium with the exception of Reader's Digest..

Though the UPA government's silence on media has taken the industry by surprise, by and large, political observers explain this as an indicator of the importance the present government attaches to the media and entertainment sector. However, the flip side of this criticism may be that since there are not very many important policy decisions to be taken in the field of media, the CMP has refrained from making any unnecessary mention of this sector.

Meanwhile, coming back to UPA's common minimum programme, it sticks mainly to the promises made before the elections. For example, on the key issue of disinvestment --- pursued aggressively by the previous government --- the ruling alliance made it clear that profit-making public sector undertakings would not be privatised. It has also resolved, amongst other things, to generate more employment and take steps to ensure growth of the economy by at least 7-8 per cent annually over a decade.

Latest Reads
Green Gold’s Golden Mumbai launch

MUMBAI: Green Gold Animation is all set to hit the green running with its new offshoot Golden Robot. The Rajiv Chilaka-run animation outfit has been wowing everyone with its deals for animation series with both Netflix and Amazon Prime.  But the occasion this time was the celebration of the launch...

Television Production House Film Production
Gujarat elections boost news channel ratings as Republic continues to lead English News

BENGALURU: Rahul Gandhi’s shenanigans and Narendra Modi’s sudden and unexpected belligerence at rallies leading up to the Gujarat state assembly elections have resulted in bolstering sagging news viewership, especially for the English news genre. According to Broadcast Audience Research Council of...

Television TV Channels News Broadcasting
Sunny Leone in Discovery JEET’s show Man Vs Wild

Sunny Leone will be displaying her adventurous side as host of the mega-popular survival series Man Vs. Wild. The iconic series will telecast in Hindi on the soon-to-be-launched GEC Discovery JEET. The new GEC will premiere in the second week of February 2018 and the series will feature the...

Television TV Channels GECs
Times Now appoints Sujeet Mishra as marketing head

Times Network, part of India’s media conglomerate, The Times Group today announced the appointment of Sujeet Mishra as head of marketing, Times Now.

Television TV Channels People
Experience space with BBC's new VR experience

The BBC is giving you a chance fly. Home - A VR Spacewalk is an interactive virtual reality (VR) experience launched today for the HTC Vive and the Oculus Rift, and is available to download for free via the Steam Store and the Oculus Store.

Television TV Channels Factual & Documentary
Sony BBC Earth presents the Best of 2017

Sony BBC Earth revisits some of its most popular episodes of the best shows in a special programming line-up titled Best of 2017 starting 18 December 2017, every night at 7 pm and 11 pm.

Television TV Channels Factual & Documentary
Increased revenue from traditional media boosts Shemaroo numbers

Integrated media content house Shemaroo Entertainment Limited (Shemaroo) reported 18.3 percent higher year-on-year (y-o-y) consolidated total revenue for the quarter ended 30 September 2017 (Q2 FY 2017-18, the quarter under review) stood at Rs 1,345.7 million as compared with Rs 1,138.6 million in...

Television Production House Film Production
21st CF spins-off into new live news & sports co Fox

MUMBAI: After the blockbuster acquisition of 21st Century Fox by The Walt Disney Company, the former has announced that it will spinoff into a new brand Fox’ that will seek to replicate its own success in the newly focussed verticals of live news and sports brands. Using fiscal 2017 as a base, the...

Television TV Channels News Broadcasting
With Star India, Disney emerges as India's largest M&E firm

MUMBAI: Unlike the US, where the merger of The Walt Disney Co and 21st Century Fox’s entertainment assets is between two near equals, the scenario in India is totally different. 21st Century Fox’s India venture Star India is a $1.7 billion dollar media and entertainment behemoth while Disney India...

Television TV Channels People

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories