"It
is not financially viable for us to have a movie channel in
India with almost eight channels vying for satellite rights
of Hindi movies. We wouldn't be offering anything different
than the present movie channels available in the country."
Ravi Gupta, CEO, B4U on the viability of introducing two
additional channels - B4U movies and B4U South, in the Business
Standard, 2 May 2001.
"The match is off. All sponsors have pulled out."
Kunal Dasgupta, CEO, Sony Entertainment Television on
the channel's dumping of the high-profile Left vs Right
one-day international cricket event to be held in Mumbai
on 3,5 & 6 May, in The Economic Times, 2 May 2001.
"We've
suffered a big loss of face in the industry as well as with
the players. While we managed to stop some players in their
home countries, we've had to stop some others in transit
and request them to go back."
Sandy Lal, CEO and executive director, Percept D'Mark
claiming that Sony Entertainment Television has backed out
of the contract at the last minute causing huge losses as
well as embarrassment to the company, quoted in the Business
Standard, 2 May 2001.
"We had expected losses. Any new business makes losses initially.
But we have made more losses than planned because of the
lack of commitment from our partners. This one sided relationship
is a waste of money."
Ravina Raj Kohli, CEO, Nine Broadcasting blaming DD for
not meeting its commitment to increase the number of transmitters
from 65 to 125 as well as ensuring 100 per cent cable connectivity
for the channel. (Nine had run up to 25 to 30 per cent higher-than-estimated
losses because of lack of commitment by DD to improve DD-Metro),
quoted in The Economic Times, 2 May 2001.
"There is a certain minimum threshold of press that a client
needs. So, maybe it won't grow this year but it won't fall
either. My sense is that TV will be hit the hardest this
time."
Vibha Desai, executive director, O&M, on the impact of slowdown
in industry on advertising, quoted in the Businessworld,
30 April 2001.
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