Television

FM radio Round 2: Govt. to get richer by Rs 11 billion

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/06/25/Radio%20City.jpg?itok=bsgjuhlb

NEW DELHI / MUMBAI: The government is set to collect approximately Rs 11.34 billion in licence fee from the second round of FM radio licensing. This is inclusive of Rs 2.27 billion in migration fee from existing players.

At today's last round of bidding for the South India zone, the government collected Rs 1.77 billion as licence fee from successful bidders.

In 19 cities of five South Indian states, 64 frequencies were up for grabs. Of these, 53 bids prima facie qualified.

Of the frequencies auctioned today, 17 are in Kerala and Tamil Nadu, while 15 are for five cities in Andhra Pradesh, 12 in three Karnataka cities and three in Pondicherry.

Anil Ambani's Adlabs, Sun Group (through Kal and South Asia FM), Radio Mirchi, Synergy Media (Bhaskar group) and Radio City have emerged as major players till now.

Media Broadcast Private Ltd, which manages the brand Radio City won bids in Coimbatore and Vizag. The company will pay the migration fee amounting to Rs 7.2 million for its four existing stations of Mumbai, Bangalore, Delhi and Lucknow.

According to rough estimates, Adlabs is likely to end up spending approximately Rs 1.5-1.6 billion after surrendering some licences as their total claim has gone up way above the 15 per cent national cap on FM radio licences.

ENIL, which manages Radio Mirchi, bagged licences in six cities of Coimbatore, Madurai, Mangalore, Thiruvananthapuram, Vijaywada and Visakhapatnam. With the entry in the six Southern cities, Radio Mirchis presence extends to almost all the major cities, including Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Ahmedabad and Pune.

According to a spokesperson for Radio Mirchi, the company has bagged 32 licences till now and will be spending approximately Rs 1.3 billion as one time licence fee in the second phase of FM radio. The migration fee amount
will be Rs 820 millions for the seven cities, in which they are operational.

As for the Sun Group, a company source today said that the southern media powerhouse might end up investing nearly Rs 2 billion towards FM licence fees. Kal and South Asia FM together have, however, to give up some stations to adhere to the national cap of 15 per cent as they have bagged over 65 frequencies.

Century Communications Ltd bagged in six towns, including Gulbarga, Mangalore, Rajamundry, Tirunelveli, Warangal and Tuticorin amounting to approximately Rs 35 million.

The government had put up for sale 338 frequencies in 91 cities in the second round of radio FM licensing. Out of the total frequencies under hammer, 279 have been sold till now.

Another round of bidding is likely to take place for those frequencies that would be given up by the leaders topping the national cap of 15 per cent. A decision on that issue will be taken later by the government.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/20/partha-dey.jpg?itok=VFLSvk43
Dishum Broadcasting appoints Partha Dey as COO

Dishum Broadcasting has appointed Partha Dey as the chief operating officer (COO), reporting to the board of directors. His new portfolio would include overseeing and managing broadcasting operations including programming, OAP, consumer research and branded content.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/20/zeel.jpg?itok=9lMfXwcM
&Privé HD ropes in Fiama and Vaseline, premieres with 'Moonlight' on Sunday

ZEEL's new channel &Privé HD, which promises to treat cinema lovers, through collaborations with Hollywood studios -- Sony Pictures and Paramount, has roped in partners Fiama and Vaseline.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/20/punit-goenka.jpg?itok=F3zkFQnz
ZEEL CEO Punit Goenka motivates youth, honours his one-millionth Twitter follower and family

One of the leading traditional Indian broadcasters ZEEL acknowledges and recognises the importance of new media. It has kept its promise with India's social media enthusiasts and followers, and honoured them.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/20/tv.jpg?itok=caAgyiz5
Most TV execs can't sell streamlined multichannel ads, rely on homegrown tech: Study

Most TV companies are unprepared for advanced TV, a research has revealed.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/19/rajat-sharma-800x800.jpg?itok=7u0-8_Cb
New NBA president Rajat Sharma to strive for healthy competition in fraternity

India TV founder and chairman Rajat Sharma has been elected as the president of News Broadcasters Association (NBA).

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/19/PRASAR.jpg?itok=B5an8ay6
Prasar CEO reiterates implementation of SC verdict on DD's shared sports feed retransmission

NEW DELHI: Prasar Bharati CEO Shashi Shekhar Vempati has directed all private direct-to-home and cable operators not to telecast the sporting events' live feed from Doordarshan that have originally been shared by rights-holding private broadcasters. This was conveyed through a tweet by Vempati....

Television TV Channels Terrestrial
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/19/UDAY-SHANKAR.jpg?itok=Pr4g8jcN
Star's Uday Shankar on distribution challenges, IPL, FTA vs. pay TV, innovations, Made in India content…and much more

From the thirty seventh floor room, consisting of a table for the occupant to stand and work, some thought-provoking books and a huge TV screen, apart from other knick-knacks, the city life and environs below look scenic. Rather, most of the surrounding sea-facing skyscrapers in between the  green...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/20/colors.jpg?itok=lCvy4Qkw
Colors reinvents prime-time with 'Tu Aashiquii', 'Ishq Mein Marjawan''s unconventional storytelling

Love is unpredictable. On one hand, it gives a person the power to create the perfect fairytale, on the other hand, it can destroy everything in its path. Love can liberate or it can perish. Putting the spotlight on bolder and edgier content, Colors is all set to present two extreme shades of love...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/18/dsport.jpg?itok=MpWtC-AZ
Laver Cup: DSport acquires exclusive India broadcast rights

Dsport, a sports TV channel by Discovery Communications India, has acquired the exclusive India broadcast rights of the inaugural edition of Laver Cup.

Television TV Channels Sports

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories