Television

FM radio II: Adlabs sweeps stations in East India

NEW DELHI: The government’s financial FM radio juggernaut rolls on with the frequencies put up for sale in eastern part of India fetching it Rs. 207 million in one time licence fee and Adlabs bagging a major of the bids.

In a phased bidding for FM radio licences, the eastern region offered private players 66 frequencies across 17 cities. In all, 59 bids were received of which 48 qualified.

With this, 165 frequencies have been allotted against 206 available frequencies in the metros, north and eastern India. Bidding for the remaining 132 frequencies in 40 south and west Indian cities will be held over the next two Fridays.

After establishing its dominance in the FM radio space in North India, Anil Ambani-controlled Adlabs Films Ltd today made its presence felt in the country's eastern part, Press Trust of India (PTI) reported today.

Adlabs, which had bagged 26 licences so far, including seven in big cities, increased its presence to 41 cities by emerging among the top bidders in 15 new cities today.

Following Adlabs closely was Sun TV group's South Asia FM. The company, which won licences in around nine northern cities in the last round, won licences in 15 cities today.

Times Group's Entertainment Network India Ltd (ENIL), already a major player in the private FM radio sector, bagged one licence in this round, cornering Patna for which it bid Rs 51 million, the highest bid amount in this round.

In today’s bidding, Patna received the highest bid amount of Rs 51 million. In fact, most of the players were bullish on Patna but failed to bag licence as Entertainment Network India Ltd (ENIL)'s Rs 51 million bid jacked up the reserve price, which is one-fourth of the highest bidder. Puran Multimedia (Rs 12 million) and Adlabs (Rs 12 million) both failed to make the cut.

Interestingly, many of the big players were conspicuous by their absence in this round. These include Music Broadcast Pvt Ltd (Radio City), Radio Mid-Day, Radio Today and HT Music and Entertainment, the PTI report said.

The government had put 66 FM stations on the block for today's bidding in West Bengal, Orissa, Bihar, Jharkhand and the entire north-eastern region. The cities included Patna, Asansol, Jamshedpur, Ranchi, Agartala, Itanagar, Kohima, Shillong and Port Blair. But it sold 48 of the 66 stations, the PTI report said.

The bidding phase was started on January 6, 2006 when 13 A and A+ category cities went for the bidding.

Of the total 206 licences, the government has put on block so far, it has managed to sell 164 radio stations and is assured of revenues of about Rs 6,400 million, which it receives as one-time entry fee.

(Rs.44=1 US$)

ALSO READ:

Sun plans pre-IPO preferential allotment

FM radio II: Rs 5 bn+ licence fee in 1st round

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/24/high5%20%281%29.jpg?itok=9As1riPq
Fifth milestone: Comedy Central with 67 mn viewership observes 10 pc FCT growth

Comedy Central launched in India on 23 January 2012 and has grown to be a famous English entertainment channel and a multi-platform brand offering best ever consumer products and on-ground events such as the Chuckle Festival.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/24/Jagdish%20Singh%20Khehar-800x800.jpg?itok=2bAGUJtT
Lodha inspires clean-up across Indian sports

MUMBAI: To oversee the functioning of BCCI (Board of Control for Cricket in India), the apex court of India will today pronounce the names of officials to be appointed as administrators on the board. Among other steps, the Lodha committee had sought disqualification of BCCI office-bearers who were...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/23/rahul-shivshankar%20%281%29.jpg?itok=YLMddtK8
Times' Rahul faces 'India Upfront' from 8pm today

Times Now, one of the most popular English news channels in India, is launching ‘India Upfront' with Rahul Shivshankar’. As the name suggests it is a path breaking new show that will put hard facts – upfront -- for the nation to assess. It will be a 60 minute show Monday to Friday at 8 pm,...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/23/aye-zindgi%20%281%29.jpg?itok=VF3TK-6F
Reinstating optimism in youth, Zing to launch 'Aye Zindagi'

Not often is life kind enough to let you move past errors and start afresh but when it does, we must make the best of it. Chronicling many such stories of human experiences, Zing presents a new fiction show. Titled Aye Zindagi, the channel has roped Rithwik Dhanjani as the host.

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/23/rising%20%281%29_0.jpg?itok=ovvXDhDu
'Barbarians Rising', Roman & Barbarian battle on History TV18

A tyrannical empire. 700 long years of battle. History TV18 is all set to take the viewers to a world altering struggle for freedom. The channel will air Barbarians Rising, a story told from the perspective of the tribes named as Barbarians by the Romans. The show is an epic saga of the fall of the...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/23/this-is-us%20%281%29.jpg?itok=-puIFLGy
NBC's 'This is Us' renewed for two seasons

"This Is Us" premiered in September of last year and is already quick on its way to success! The show that airs in India on Star World Premiere HD received a tremendous response internationally and whopped in massive ratings. Now, the show has been renewed for two more seasons.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/23/Rajeev-Kheror_0.jpg?itok=zu8GaZ4r
Z Living premiering three series in US

MUMBAI: Leading Health Entertainment Network, Z Living is premiering three new series in an all-new primetime programming block kicking off January 2017 in the US.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/23/Raj-Kundra.jpg?itok=3ZC1pEBX
CoD: CEO Kundra no longer offers 'Best Deal'

MUMBAI: Prospects of Best Deal TV seemed to be bleak as Raj Kundra, the husband of Shilpa Shetty, who was the CEO of the home shopping channel, has put in his papers.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/23/BARC%20India-Image.jpg?itok=0E8bNSV8
BARC India mulls client contract review & enforcing opt-out clause

NEW DELHI: India’s TV audience measurement company Broadcast Audience Research Council of India (BARC India) is contemplating a complete review and legal overhaul of contracts it signs with subscribers and also enforcing the opt-out clause mentioned in agreements with an aim to streamline the...

Television TV Channels News Broadcasting

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories