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=ag98W0oV

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/2017/02/19/panesar.jpg?itok=G3oS9UK9
TRAI jurisdiction: IBF plea dismissed, AIDCF impleadment decision on 22 Feb

Cable operators body may become interveners in the Item 7 case heard last Friday between television broadcasters and TRAI over tariff issues vis-a-vis international and Indian copyright laws in the Madras High Court. Indian Broadcasting Foundation's plea to be heard in the case was however...

Regulators High Court
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/15/Net-Neutrality.jpg?itok=3XJ_tH9l
Net Neutrality ideas date open till 28 Feb

MUMBAI: The Telecom Regulatory Authority of India (TRAI) issued a Consultation Paper on Net Neutrality on 4 January, 2017 inviting written comments from the stakeholders by 15 February, 2017 and counter comments by 28 February, 2017.

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/15/sanjay%20leela%20bhansali-800x800.jpg?itok=Ux9-Nj9T
MIB petitioned on pre-censorship of period cinematic content

NEW DELHI: If a fringe group from Rajasthan has its way, then period cinematic dramas may face pre-censorship, which sooner or later could also lead to government interventions for TV content that still doesn’t face much content regulations and pre-screening vetting. Rajasthan’s Karni Sena wants...

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/14/trai%20%281%29.jpg?itok=ec4rn3sy
Shifting to green tech: TRAI extends ideas date till 14 March

Stakeholders wanting to give suggestions to the Telecom Regulatory Authority's efforts towards the effect of telecom on climate change and green house gas emissions have been asked to send in their views by 14 March 2017.

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/11/community-itv.jpg?itok=41-dlX2a
Govt reiterates inability to permit private radio news

NEW DELHI: Reiterating its long-held stand that it was difficult to monitor news bulletins on FM and community radio channels, the Centre has expressed that permitting privately produced news bulletins could endanger "national security and public order".

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/10/Rajyavardhan-Rathore1.jpg?itok=yCkwbUYV
No proposal to bring news portals under PRB or PCI Acts

NEW DELHI: The Information and Broadcasting Ministry is not considering making the provisions of Press and Registration of Books (PRB) Act 1867 and Press Council of India Act 1978 applicable to the news portals as these Acts are meant to govern print media sector only.

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/09/rajyavardhan-rathore%20%281%29_0.jpg?itok=n8_BBmtX
Report illegal TV channels, Govt alerted

While stressing that the law was clear that no cable operator could beam any private TV channel which had not been registered with the Government, the minister of state for information and broadcasting Rajyavardhan Rathore said today that a total of 889 private satellite channels had been given...

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/08/flag%20%281%29.jpg?itok=v2qnxR89
Climate favourable for FDI, Flag, Crest, You & Netmagic in queue

The business climate seems to be favourable for more and better inflow of foreign direct investments into India. As the government took steps to improve ease of doing business and relax regulations, foreign direct investment into India grew by 60 per cent to US$ 4.68 billion in November 2016 as...

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/08/rajya%20%281%29.jpg?itok=J2hXFPQO
Media Communication Policy being drafted to ensure access to information

A Media Communication Policy is under formulation in the Information and Broadcasting Ministry to address communication needs and enhance access to information.

Regulators I&B Ministry

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories