DTH

Adlabs to buy out Mukta stake in JV, pump in Rs 2 billion in twin-screen theatres

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2016/06/14/Anil%20Ambani.jpg?itok=PGDVZlbL

MUMBAI: Anil Ambani-controlled Adlabs Films Ltd is buying out Mukta Arts' 50 per cent stake in the joint venture company, Mukta Adlabs Digital Exhibition.

As a step up in the plan, Adlabs is earmarking an investment of Rs two billion towards acquisition of 50 old cinema theatres for conversion into "twin screens." Part of this investment will include the installation of digital projectors in these theatres.

"We are acquiring the entire stake of Mukta Arts. We will be investing Rs two billion to upgrade 50 cinema theatres and install digital delivery systems in them," Adlabs Films chairman and managing director Manmohan Shetty tells Indiantelevision.com.

Adlabs and Subhash Ghai-promoted Mukta Arts had floated a joint venture company in 2003 for digital delivery of movies. Mukta Adlabs Digital Exhibition had invested around Rs 100 million but the company had been unable to make much headway with its technology which required a server and projectors to be installed in the theatres.

For buying out the stake, Adlabs has not paid any premium. "We have paid a little less than Rs 50 million which is the actual investments made by Mukta Arts. We didn't want any partners as we were planning to integrate the twin-screen converted cinema threatres with the installation of digital projectors. We plan to have the 50 twin screen theatres in B-class stations over 3-4 years," says Shetty.

Mukta Arts, however, is not abandoning the digital delivery of movies project. "We decided to part ways with Adlabs as our plans were different. Digital distribution of movies will be very much part of our plans as we are committed to technologies of the future," says Mukta Arts CEO Ravi Gupta.

The new technology of digital projection through hard discs avoids the use of film prints, which costs between Rs 50,000 and Rs 60,000 to the distributor. It also enables audiences of "B" and "C" class centres to watch their favourite films on the first day itself, thereby making simultaneous worldwide release a possibility. The technology also combats against piracy.

Anil Ambani has big plans to deliver movies to cinema theatres through Reliance Infocomm's fibre optic network. Having designs on launching a direct-to-home (DTH) service, he may also take the satellite delivery route for distribution of movies. "Even if the current delivery sytems are changed, digital projectors will be required in the fibre or the satellite system. Our plan is to aggressively install these projectors in the theatres which we are taking up for converting into twin screens," says Shetty.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/15/DD-Free-Dish-Story.jpg?itok=qXFCtN9m
38th DD Free Dish e-auction on 11 February: Key highlights of revised policy

The Prasar Bharati Board on Tuesday gave a green signal to e-auctioning of DTH slots on DD Free Dish.

DTH DTH Operator
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/11/tata-sky.jpg?itok=2_DzmGLJ
TATA Sky ShortsTV acquires much acclaimed short films from Terribly Tiny Tales

TATA Sky ShortsTV, the world’s only TV channel dedicated to short films, has acquired 18 shorts from Terribly Tiny Tales (TTT).

DTH DTH Operator
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/10/india.jpg?itok=VL5LzIy-
IndiaCast issues disconnection notice to Independent TV

MUMBAI: Viacom18 and TV18’s distribution arm IndiaCast has issued a disconnection notice to direct-to-home operator (DTH) Independent TV (Reliance Big TV) over non-payment of subscription fees.

DTH DTH Operator
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/09/dth.jpg?itok=4FW0v0VC
DTH subscriber growth see-saws in three quarters of 2018

Growth of direct to home (DTH) subscriber base of private players in India was the slowest over the last five years for the nine month period ended 30 September 2018

DTH DTH Operator
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/20/airtel.jpg?itok=1UDSS82O
QYOU Media joins hands with Airtel Digital TV

QYOU Media has announced that it has partnered with Airtel Digital TV, the DTH arm of Bharti Airtel (Airtel), to bring The Q India’s 24/7 linear stream of digital first content to Indian homes.

DTH DTH Operator
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/20/games.jpg?itok=VX74TQiM
Hollywood Diaries - Initiative By Airtel Digital TV & One Take Media Co.

Airtel Digital TV, the DTH arm of India’s largest telecommunications provider Bharti Airtel, and One Take Media Co., leading content production and distribution company based in Mumbai, together recently launched Hollywood Diaries- A collection of the finest Hollywood Movies  on Airtel Digital TV...

DTH DTH Operator
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/19/tata.jpg?itok=UjmGNjYw
Tata Sky offers 44% discount for new subscribers

As part of a festive offer, direct-to-home (DTH) service provider Tata Sky is offering up to 44 per cent discount for new subscribers in the country.

DTH DTH Operator
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/19/dishtv.jpg?itok=WZkPTz2q
Dish TV partners MediaKind to upgrade infrastructure

DTH company Dish TV India, in partnership with MediaKind, has strengthened its infrastructure capabilities to enhance the customer TV viewing experience in India.

DTH DTH Operator
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/18/dish-tv_1.jpg?itok=ETxh4LmV
Dish TV wins IDC Insights Awards for ‘Excellence in Operations category’

Dish TV India Limited, the world’s largest single-country DTH Company, has bagged the I.C.O.N.I.C IDC Insights Award 2018 for its pioneering initiative ‘Project Phoenix’– a common service CRM for both its brands

DTH DTH Operator

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories