ADAG buys Digicable to make entry into cable
RCom buys Digicable in all-stock deal; new entity, valued at $1 bn, to have DTH, IPTV & retail broadband.
(1 July 2010)

DTH firms need 10 mn subs to cash break even
Profitability & viability of DTH rests on speed of customer acquisition, content cost uniformity & lower taxation.
(28 June 2010)

IndusInd Media plans Rs 5 bn IPO in FY'11
Funds to be used primarily for digitisation and acquisition of cable networks; IMCL plans to invest Rs 1 bn this fiscal.
(26 June 2010)

ChrysCapital exits Hathway Cable
ChrysCapital offloads remaining 6.36% in Hathway Cable for Rs 1.6 bn; Reliance Capital & SBI Mutual Fund buy.
(30 June 2010)

Trai recommends 74% FDI in cable, DTH
Profitability & viability of DTH rests on speed of customer acquisition, content cost uniformity & lower taxation.
(30 June 2010)

HITS: Govt receives 3 applications
Govt studies possibility of bringing DTH under HITS scheme; Soni says process for Phase III to begin soon.
(26 June 2010)

Govt rules out repeal of Prasar Bharati Act
I&B Minister Soni says there is need for a public service broadcaster; she rules out repealing of Prasar Bharati Act.
(25 June 2010)

Govt urges Press Council to rush report on paid news
I&B sends reminder to Press Council seeking its report on malaise of paid news; Soni wants to table it in Parliament.
(25 June 2010)

IPL telecast rights restructured; MSM to pay facilitation fee to BCCI
BCCI restructures IPL telecast rights deal; MSM agrees to pay Rs 4.25 bn facilitation fee to BCCI instead of WSG.
(25 June 2010)

Colors, BCCI scrap IPL deal
3-year Rs 1 bn entertainment licensing deal terminated; BCCI refuses to provide cricketers for Fear Factor show.
(28 June 2010)

Star Plus continues at the top; GRP gap with Colors remains wide
Despite a 32 point drop, Star Plus' GRP gap with Colors still remains significantly wide with a difference of 158 GRPs.
(30 June 2010)

Venkateish quits ESPN Star Sports India as MD
R C Venkateish ends his 7-year stint; Vijay Rajput to take charge of ESPN Star Sports India in the interim period.
(1 July 2010)

9th Indian Telly Technical, Trade & Programming Awards announced
Afzal-Randhir duo named best editor in the fiction category; Neeru Shar and Amrit Sagar are the best stylists.
(28 June 2010)

Hindustan Media fixes IPO price band at Rs 165-172 a share
Hindustan Media Ventures plans to raise Rs 2.7 bn through IPO; issue opens on 5 July and closes on 7 July.
(1 July 2010)

Cannes: India wins lone silver in Film, ends with 17 metals
India's tally of 17 metals is lower than last year's 25; Ogilvy wins silver Lion for its Bell Bajao campaigns.
(28 June 2010)

GroupM: Ad expenditure to see 14% growth in FY'11
TV advertising that currently stands at Rs 99.14 bn is expected to grow to Rs 118.97 bn in FY'11, says GroupM.
(29 June 2010)

Cricket ratings fall as soccer World Cup scores
Television ratings for cricket are taking a hit from an overdose of the sport and the soccer World Cup.
(1 July2010)

New releases go downhill while Raajneeti rules
Krantiveer fails to revolutionise while Mr Singh Mrs Mehta has a miserable life particularly in Mumbai.
(29 June 2010)