Television

Media mogul Kerry Packer dead

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/02/15/Untitled-1_38.jpg?itok=h2m81zyC

MUMBAI: Media mogul and Australia's richest man Kerry Packer died in his sleep overnight at the age of 68.

In combat with health problems over long years, he did not let that affect his business interests. His empire meant a holding of 30 per cent in Publishing & Broadcasting Ltd., which operates Australia's Channel Nine television network, publishes a bunch of magazines, and has interests in Australian casinos.

In India, Packer had ambitious plans to set up empire but unfortunately that dream did not live for long. In 2000, he entered into a joint venture with HFCL. The HFCL-Channel Nine JV sealed a deal with Prasar Bharati, agreeing to pay a whopping Rs 1200-odd million for a three-hour prime time band on the floundering DD Metro channel.

This revenue model was unsustainable, as was proved later when Channel Nine withdrew from renewing the contract on the same commercial terms.

Though known for his control over media business in Australia, Packer will be remembered more for his contribution to the game of cricket. 

Cricket Australia (CA) described Packer as one of the most influential figures in Australian cricket history who ranked alongside Sir Don Bradman "as one of the giants who have influenced the shape of Australian cricket."

Cricket was one of his great passions and Packer transformed the sport in the 1970s through his World Series gambit, one-day internationals and modern television coverage. 

"That cricket is today taken for granted as a natural part of the Australian way of life is in no small measure due to his influence," said CA chairman Creagh O'Connor.

In 1977, he became furious at the Australian Cricket Board's refusal to accept an A$1.5m bid for the television rights to Australian Test matches and Sheffield Shield Cricket, a domestic competition.

Describing his action as "half-philanthropic," he exclusively signed up more than 50 of the game's top players under the brand of World Series Cricket with his fast-moving version of the game.

He was willing to pay cricketers unprecedented remuneration to win their loyalty, ushering in the fully professional era in the sport. His World Series introduced coloured clothing, white balls, floodlights to cater for television viewers to the international game. His fast-moving version of the game angered traditionalists.

But, Packer ultimately achieved his goal when the Australian Cricket Board awarded him television rights to top matches.

A heavy smoker, Packer had suffered a series of health scares over recent years. In 1990, he suffered a near-fatal heart attack during a polo match. He underwent a kidney transplant in November 2000. He has been unwell several times since.

The second son of Sir Frank and Lady Gretel Packer, Kerry entered the family business, Australian Consolidated Press, in 1956. In 1974 he took over running the conglomerate. Just three years later he was taking on the cricket establishment, signing the game's top players under the banner of World Series Cricket.

He gained full control of the media company in 1982, in a move which ultimately allowed him to make his multi-billion dollar fortune. He sold the Nine Network to Alan Bond for $1bn in 1987, and bought it back for a quarter of the price three years later.

Packer combined his media and gaming interests into Publishing & Broadcasting in 1994, eventually handing over to his son James in 1998. He recently acquired a 50 per cent stake in the British gaming company Betfair's Australian and New Zealand operations. 

Packer's son, James, is set to run the dynasty's sprawling media and gambling empire.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/20/bahu.jpg?itok=oVI8-9Wk
Sony Max pushes its way to most watched Hindi channel across genres

Sony Pictures Network India (SPN) Hindi movies channel Sony Max was ranked second in Broadcast Audience Research Council of India (BARC) weekly list of top 10 channels across genres (across genres list) for week 28 of 2018 (Saturday, 7 July 2018 to Friday, 13 July 2018, week or period under review...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/manish_0.jpg?itok=cAX2IDtI
Dangal TV prepares to scale up ambition with new play

When it comes to general entertainment channels (GECs), hitting the sweet spot isn’t all that easy.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/fox.jpg?itok=qeI4K472
Comcast drops bid for 21st Century Fox assets, cedes prize to Disney

The fierce bidding war between Comcast and Disney has finally ended with the former dropping out of the race to gobble up the prized 21st Century Fox assets. Comcast will now shift its focus towards sealing the Sky deal.

Television TV Channels Movie Channels
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/manish.jpg?itok=C8nj-8lv
ZEEL elevates Manish Aggarwal as business head of Zee5 India

In a recent development, Manish Aggarwal has been elevated as business head of Zee5 India, the OTT platform of Zee Entertainment Enterprise (ZEEL).

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/sun.jpg?itok=WiSZrCfI
Sun Life enters Tamil market in BARC week 28

Sun Life, the movie channel by Sun TV Network came as a new entrant this week after Broadcast Audience Research Council (BARC) released its ratings for week 28.

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/colors.jpg?itok=MxJ0xDqt
Colors Gujarati to launch a dance reality show ‘Naach Maari Saathe’

Colors Gujarati is all set to bring a dance show named Naach Maari Saathe. The show which will hit the small screen from 23 July will have Hitu Kanodia, Vyoma Nandi and Neerav Bavlecha as the judges.

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/zee.jpg?itok=EWutot3J
Brahmagantu’s Gundamma to emerge on Zee Kannada’s DKD

Zee Kannada, creating the best entertainment programmes, has become a household name for quality entertainment.

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/aaj-tak.jpg?itok=HpO81NsY
BARC Week 28 : Aaj Tak leads Hindi news genre

The Broadcast Audience Research Council data for week 28 showed Republic TV continuing to dominate the English news genre, whereas Aaj Tak led in Hindi genre. Meanwhile, News Nation stepped down to fourth position in Hindi news genre.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/kum.jpg?itok=LjXpL4vc
Zee Anmol maintains lead in Hindi GEC (U+R) in BARC week 28

Zee Anmol retained its leadership position in Broadcast Audience Research Council (BARC) data for week 28 of 2018 in the Hindi GEC (U+R) market.

Television TV Channels Viewership

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories