Regulators

Day 23: Ten cities in FM Phase III inching towards Rs 10 crore mark

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/regulators-images/2015/08/26/regulaotr%20i%26b.jpg?itok=V1GL89Rw

NEW DELHI: Around ten cities that have so far got bids of Rs 6 crore or more are expected to raise the cumulative winnings, going by indications on the twenty-third day in the e-auction for the first batch of FM Phase III cities. The cumulative provisional winning price showed a marginal rise to Rs 1139.3 crore at the end of the 92nd round.

 

The number of provisional winning channels and cities remained the same as yesterday: 94 channels in 56 cities, but the total bids surpassed the cumulative reserve price by Rs 680.5 crore or 148.3 per cent against the aggregate reserve price of about Rs 459 crore.

 

The cumulative provisional winning price has thus risen over the total reserve price of the first batch of 135 FM channels in 69 existing cities - Rs 550.18 crore – by Rs 589.2 crore or 107.1 per cent. 

 

As per Information and Broadcasting Ministry sources, the e-auction will continue as long as bids are received for any of the 135 channels, including the 13 cities for which no bids have come.

 

The Auction Activity Requirement rose to 100 per cent after the 59th round on 14 August, after being 90 per cent after the 37th round on 7 August.

 

The winning price has gone up by more than 100 per cent above their respective reserve prices: Ahmedabad, Amritsar, Aurangabad, Bengaluru, Bhubaneshwar, Chennai, Delhi, Guwahati, Jaipur, Jodhpur, Kolhapur, Mumbai, Nasik, Patna, Pune, Rourkela and Varanasi, which got provisional winning bidders at prices more than double the respective reserve prices. 

 

A single channel in Bhubaneshwar created a new record by getting the most competitive bidding increment-wise by going up nine times the reserve price.

 

However, there were still no bids for thirteen cities namely Asansol, Gulbarga, Mangalore, Mysore, Puducherry, Rajahmundry, Siliguri, Tiruchy, Tirunveli, Tirupati, Tuticorin, Vijaywada and Warangal.

 

The demand in most cities fell by up to three per cent and by four per cent below the excess demand at the price in the 92nd round in Hyderabad.

 

The Percentage Price Increment applicable for the Next Clock Round rose to five each in Guwahati, Jodhpur and Varanasi but was just one in Shillong.

 

Provisional winning price in the top three cities reflected no change: Delhi at Rs 169.16 crore (for just one channel); Mumbai at Rs 122.81 crore (for two channels); and Bengaluru at Rs 109.25 crore.

 

Kohlapur, which appeared to be the next to enter the Rs 10-crore club remained static for the third day with Rs 9.44 crore though cities like Kanpur, Rajkot, Amritsar and Aurangabad do not seem to be far behind.

 

Chennai at Rs 53.38 crore, Ahmedabad at Rs 42.68 crore, Pune at Rs 42.03 crore, Jaipur at Rs 28.34 crore, Chandigarh at Rs 19.04 crore, Hyderabad at Rs 18 crore, Patna at Rs 17.89 crore, Cochin at Rs 15.04 crore, Nasik at Rs 14.66 crore and Lucknow at Rs 14 crore remained static.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/17/Delhi%20High%20Court.jpg?itok=rVxThse6
Why can't pvt FM channels have news, SC asks govt

NEW DELHI: The Supreme Court has asked the government to explain the continuing prohibition on FM radio stations and community radios from airing news and current affairs at par with private TV channels and the print media. The observation by the chief justice of India J.S. Khehar and Justice D.Y...

Regulators Supreme Court
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/16/trai1-800x800_0.jpg?itok=IO4icKXT
Tariff order: Don't notify without SC nod, TRAI told; Madras HC case to continue

Declining to stay proceedings in the Madras High Court, the Supreme Court today said the Telecom Regulatory Authority of India could continue with its work relating to consultation papers and tariff orders, but will not notify these without first referring them to the apex court.

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/16/trai1-800x800.jpg?itok=93JTn8LR
TRAI regulations threaten investment, warns CASBAA

CASBAA, the Association of Asia’s pay-TV Industry, today warmly applauded the judicial review now under way in India of proposed extension and tightening of India’s pay-TV rate regulations.

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/16/Surya%20Prakash-800x800.jpg?itok=vEGgQ0KH
'Risk' in FM stations airing news, apprehends Prasar head

MUMBAI: Prasar Bharati chairman A Surya Prakash has said permitting private FM stations to air news might have security implications and that the government needed to keep that in mind if it were to give them the nod. From the democracy perspective, the idea of permitting them looked ‘very simple...

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/16/TDSAT.jpg?itok=sVeMEYnl
Star India, Dhru Lucky settle case; TDSAT petition withdrawn

NEW DELHI: The dispute between Dhru Lucky Enterprise Pvt Ltd and Star India about renewal of lapsed agreements has been resolved and the multi-system operator has withdrawn its petition in the Telecom Disputes Settlement and Appellate Tribunal. Members B B Srivastava and A K Bhargava have...

Regulators TDSAT
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/14/VenkaiahNaidu-ChandrashekarRao.jpg?itok=2A1p1fJa
Int'l TV Fest: A-Pac Broadcasting Union's two India teams to participate

NEW DELHI: The ‘Aamad’ group and ‘Sadhya’ group from India will compete in the grand finale of the first edition of the Asia-Pacific Broadcasting Union (ABU) International Television Dance Festival (AIDF) in the city of the ‘Char Minar’ Hyderabad on 15 January 2017.

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/12/Supreme-court1.jpg?itok=ilFdCc7C
SC to MIB: Get mechanism to deal with complaints on TV, radio shows

NEW DELHI: The Supreme Court on Thursday asked the Central Government to set up a statutory mechanism to deal with citizens' complaints against TV and radio programmes.

Regulators Supreme Court
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/13/Siddharth-Roy-Kapoor%20-vijay-singh.jpg?itok=vtzh32Wh
Copyright owners call for competitive pricing over TRAI regulation

NEW DELHI: The Film and Television Producers Guild of India has expressed its voice against any mandated tariff as far as television channels are concerned.

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/12/trai1-800x800.jpg?itok=nCSmlfsG
TRAI tariff: Madras HC extends status quo; SC to hear regulator's appeal on 16 Jan

NEW DELHI: The Madras High Court today extended to 19 January 2017 the status quo with regard to any TRAI tariff orders or regulations for the broadcast sector in a case by Star TV and Vijay TV.

Regulators High Court

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories