Cable TV

DirecTV president Mitch Stern calls it quits

MUMBAI: US pay TV platform DirecTV has announced that its president and CEO Mitch Stern has left the company.

 

DirecTV Group president and CEO Chase Carey, will now oversee day-to-day operations of DirecTV. The company does not plan to find a replacement for Stern. Stern had joined the company in December 2003.

 

 

While DirecTV was mum on the reason for Stern's departure an industry source indicates that Stern, who was based in New York, constantly travelled to the West Coast on business. He started to feel that this was having a negative effect on his family life.

In making the anouncement Carey said, "While we considered 2004 a transition year, DirecTV achieved a tremendous amount of growth under Mitch's leadership. Most notably, more new subscribers chose DirecTV last year than any other pay television service in the country. I want to take this opportunity to thank Mitch for all his efforts and contributions and wish him well. DirecTV is well positioned to go forward and build on its leadership position in the pay television industry."

Stern said, "Serving as DirecTV's president was very rewarding and I am very proud of all that we accomplished in the last year. DirecTV is a great success story and a fabulous business with a very promising future. While it was exciting to be part of such a dynamic organisation, the time was right for me to move on."

 

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/09/mso-800x800.jpg?itok=GZlIxY3I
MSO's net worth should be positive for registration: Govt.

NEW DELHI: An inter-ministerial committee (IMC) of the government, grappling with the issue of differentiating between serious and non-serious players, has recommended that net worth of an MSO must be positive for grant of registration, but shied away from stipulating a minimum monetary ceiling.

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/08/DAS3-800x800.jpg?itok=V64viN9G
Delhi HC removes legal hurdles to implement DAS IV by 1 Jan 2017

NEW DELHI/ MUMBAI: The Delhi High Court has dismissed all cases relating to digitisation of TV services -- especially petitions by cable operators seeking extension of Phase III deadline

Cable TV DAS
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/08/Rjavardhan-rathor-800x800.jpg?itok=IDknXfNQ
Slow pace of court cases, MSO registration may delay DAS deadline

NEW DELHI: Between the analog sunset and a digital morning are court cases and cumbersome and slow MSO registration processes. And, the deadline of 31 December 2016 appears to be becoming a distant possibility despite assertions to the contrary in the stakeholder-government meetings. A mere 26...

Cable TV DAS
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/06/jonathan.jpg?itok=GzZrZi8N
Jonathan Spink new CASBAA board chairman

MUMBAI: Following its first meeting on 06 December, the CASBAA Board of Directors announced that Jonathan Spink, CEO of HBO Asia, has been elected Chairman of the Board of Directors for the next 12 months.

Cable TV People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/Cable.jpg?itok=jQO-GCh5
Rohtak Cable DAS III extension case dismissed; eight posted for 7 Dec

NEW DELHI: While the case by Rohtak Cable Operators’ Association challenging the deadline set for Phase III of digital addressable systems (DAS) was dismissed, the Delhi High Court today directed that it would hear the other cases on 7 December 2016.

Cable TV DAS
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/01/cable-wire.jpg?itok=rkADl4vM
MIB's digital deadline dilemma: to relax or not

NEW DELHI: India’s ongoing cable digitalisation, plagued by court cases resulting in roll-out delays, may have just got entangled with the short to medium-term inconveniences caused by demonetisation of high-value currency notes signalling likely further delays. The ministry of  information and...

Cable TV DAS
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/01/NXT%20Digital.jpg?itok=a8r_rk6_
IMCL: Hinduja Ventures divests minority stake

MUMBAI: MSO company IndusInd Media and Communications Limited (IMCL)’s parent Hinduja Ventured Ltd. (HVL) has sold 0.13 equity stake in the company to a non-Hinduja Group company for Rs. 46.6 million (Rs. 4.66 crore). The buying company bought into the MSO at a price of Rs. 466 per share based on...

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/11/26/Rajan%20Gupta.jpg?itok=oFRRxKbc
Hathway Q2-17 revenue and EBIDTA up; adds 1 lakh broadband subs

BENGALURU: Indian multi system operator (MSO) Hathway Cable and Datacom Limited (Hathway) reported 18.8 per cent growth in Total Income from operations (TIO) and 11.9 percent growth in operating profits (EBIDTA) for the quarter ended 30 September 2016 (Q2-17, current quarter). The company reported...

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/11/25/jagdish-kumar-800x800.jpg?itok=SC_g2FGJ
Jagdish Kumar Pillai quits Hathway; Rajan Gupta appointed as MD

Hathway Cable and Datacom Limited has accepted the resignation of MD and CEO Jagdish Kumar Pillai.

Cable TV Multi System Operators

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories