1 Mar 2003 Volume 6 Issue no: 92







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Headlines
Jaswant delivers mixed bag in budget
Media & entertainment industry mostly feels hard done by, but budget not such a bad deal...More

CETMA unhappy, but Chandra positive
Electronics goods manufacturers disappointed import duty on STBs not touched upon, Chandra satisfied with budget...More

Cable ops restrained by Mumbai High Court
Mumbai High Court issued a notice directing cable ops to refrain from disconnection based on a CAN petition...More

Budget Special

Prasad hails growth oriented budget
The Minister of Information and Broadcasting Ravi Shankar Prasad has hailed the General Budget as a growth-oriented people's budget, but...More

Media, entertainment sectors ignored - Star CFO Shankar Narayan
Star India's chief finance officer (CFO) Shankar Narayan isn't too happy with the budget. According to him...More

Sweet sour news for ad industry
The advertising industry hasn't reacted well to the fact that the service tax has been increased from 5 per cent to 8 per cent. However, there is hope that...More

Bad news for channels, cable ops: Radhakrishnan
The main worrisome aspect of this Budget is the service tax that has shot up, affecting both the broadcasters and the cable operator community, says...More

Indirect benefits to entertainment industry: B4U
B4U India operations vice president Vijay Thacker feels that the budget is a fair mix of reforms and procedural changes...More

Budget ignores broadcast sector: Anshuman Misra
Turner International's MD Anshuman Misra has expressed disappointment with the budget as reagrds the entertainment sector...More

Agrani reacts favourably to budget
Agrani Satellite Services has reacted in a positive manner to the tax holiday extended to domestic satellite companies...More

Zee, Cinevista share prices rise, others fall
Media scrips dipped today as the finance minister appeared to have ignored the media and entertainment sector. Apart from Zee Telefilms and Cinevistaas, several other...More

CNBC's post budget show captures industry sentiments
CNBC, the business and financial channel has lined up a series of pre and post budget specials. CNBC also held a post budget round table in Mumbai where leaders and experts...More

Media sector feels isolated by budget
The media and entertainment industry is feeling a bit left out from Jaswant Singh's first Budget...More

Budget 2003-4 gets a thumbs up from industry
The maiden Union Budget 2003-2004 by Finance Minister Jaswant Singh has received an overwhelming response from apex industry associations...More

Service tax up from 5-8%; no word on STB duties
Finance minister Jaswant Singh has ended his budget speech. Service tax has been increased from five per cent to eight per cent, even as 10 new items have been brought under the purview of the tax...More

Sat projects tax holiday stays; duties down on OFCs
Tax holiday benefits for satellite and telecom projects will continue. Cable companies have also received reliefs in customs and import duties...More

Other Breaking News Headlines
GoM meet fails to address increase in FDI cap
At a time when the Economic Survey has said that India continues to lag behind other Asian developing countries like China, Hong Kong, Singapore and Thailand in terms of FDI and share in global trade, a group of Indian ministers (GoM)...More

Al Jazeera takes 1000 hours of BBC programmes
BBC Worldwide and Arabic news and documentary channel, Al Jazeera, signed an agreement at BBC Showcase 2003 in Brighton for ...More

Powerpuff Girls will debut in China
Cartoon Network's popular series The Powerpuff Girls, will soon be seen on terrestrial television in China through China Central Television Station (CCTV)...More

Cartoon Network buys two series from Toonz
With Fox Kids due to launch in the country soon Cartoon Network's gameplan is clear!...More

8 Indian journos win Cardiff scholarship
With the impending explosion of news channels in the country from the likes of Sahara and NDTV there has been an understandable spurt of enthusiasm among youngsters in the field of broadcast journalism...More

Nielsen to serve top 10 US TV markets
With strong backing from key broadcasting and cable clients, Nielsen Media Research has announced a rollout schedule for bringing continuous, overnight demographic ratings into the top 10 television markets in the US...More

TAM ADEX Analysis
Huge spend increases in 2002 still do not recover FMCGs

AC Nielsen Retail Audit Data shows that despite the large ad spends there are certain sectors that are clearly in the doldrums...More

2002 Ad agency review
"What media specialists are we talking about? The media people are the same that were there before!" ...More
Optimum Media Solutions exec. vice president Amit Ray

Writers' Desk
"The thrust of every programme is the suspense element" ...More
scriptwriter Sameer Mody

Source: www.indiantelevision.com

Other Headlines
STAR not to take stake in RPG Netcom More
Sony Ericsson to launch new handsets More
Microsoft, EA mull bid for Sega - WSJ More
Random House replaces editor More
Oprah Winfrey's book club to return More
Source: The Economic Times

Insat-3A launch in April second week More
Operators to blackout Indo-Pak game in Vasant Kunj More
Gates sold $22.9 mn of MS stock-filing More
Telecom equipment gets cheaper, talk doesn't More
Software downloads great deal, PCs cheaper More
Azim Premji, Ambanis, Birla in Forbes richest list More
Fox, UPN drive stake through Buffy More
Jackson is pathetic, says Bashir More
Source: The Times of India

Services Net Widens, To Cost 3% More More
Excise Relief For Music Industry More
Source: The Financial Express

Guilty, till proved innocent More
Fans bowled out by Net game show More
Source: The Indian Express

STAR World to air Living With Michael Jackson More
Films, folk, forums and flavours More
Source: Screen

Tax holiday for telecom and domestic satellite firms extended More
Source: Business Standard

MTV to sound the war More
Fall in entertainment tax collection More
Tax sops to IT industry retained More
Budget is IT friendly: Nasscom More
Kaye, Akhtar among Mewar Foundation awardees More
British tech firm to set up base in Kerala More
Source: Hindustan times

Award for Kuldip Nayar More
Film certification goes cyber More
The Oscar marathon More
TV Serial
The parody pays off More
Sivaratri special More
Source: The Hindu


"Television is for appearing on, not looking at."
- Noel Coward


International Headlines
Granada agrees not to use unseen Jackson footage More
Rather's Hussein scoop draws 17m More
Spoilt kids kick football into touch More
Anger over BBC's digital deal More
Westbrook signs up for Celebrity sequel More
Zeiler tipped to succeed Bellens at RTL More
Source: www.media.guardian.co.uk

'Red Herring' Ceases Publication More
Zenith's Pordy Resigns More
Pax Sells Albuquerque TV Station More
Swad Named New CFO of America Online More
Source: www.mediaweek.com

Pamela Anderson brings anti-fur message to Vienna's socialites More
Source: www.turkishdailynews.com

AOL taps Time Warner veteran for CFO More
Source: USA Today


Your local internet news service More
Source: BBC News

EU regulators clear sale of Deutsche Telekom cable TV business More
Source: www.nj.com

CBS takes Thursday against an army of reruns More
Source: www.medialifemagazine.com

Stewart to make ITV News return in event of war More
Source: www.digitalspy.co.uk

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