Regulators

FM Phase III Day 5: Delhi crosses Rs 100 crore as total bids touch Rs 714 crore

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/regulators-images/2015/07/31/radio_mirchi.jpg?itok=bjm1fT0N

NEW DELHI: Even as twenty rounds of FM Phase III e-auction ended with four more rounds today, the provisional winning price for one channel in Delhi crossed the Rs 100 crore mark.

The bidding for this one channel in Delhi got Provisional winning price of Rs 105.23 crore, which is more than three times its reserve price of Rs 31.42 crore.

At the close of the fifth day of bidding, 80 channels in 55 cities became provisionally winning channels with cumulative provisional winning price of around Rs 714 crore against their aggregate reserve price of about Rs 391 crore.

Thus the summation of provisional winning prices exceeded the total reserve price of the first batch by about Rs 163.48 crore or 29.71 per cent. The total reserve price of the first batch of 135 channels in the existing 69 cities is Rs 550.18 crore.

The fifth day of the e-auction was hectic but there were still no bids in as many as 14 cities though the provisional winning price steadied at the Clock round Price in the other cases.

The Auction began for the fifth day with Auction Activity Requirement set at 80 per cent.

The demand over the price in many cities fell by up to three per cent below the aggregate demand.

The Percentage Price Increment (in INR) applicable for the Next Clock Round was five in the metros of Delhi and Mumbai, and in Bengaluru, Ahmedabad, Guwahati, Rourkela, Jaipur, Kolhapur, Nagpur, Nasik, Patna, and Rajkot and eight per cent in Bhubaneswar.

The highest Provisional winning price – the same as the Clock round price at the start of the twentieth round – was in Delhi – Rs 105.23 crore followed by Mumbai – Rs 82.72 crore with both showing sizeable increase compared to the first three days.

Among cities recording more than Rs 10 crore, it rose sizeably in Bengaluru - Rs 54.58 crore; Ahmedabad - Rs 30.33 crore; Pune – Rs 29.11 crore and Chennai - Rs 29.82 crore and marginally in Chandigarh at Rs 15.92 crore.

Hyderabad at Rs 18 crore, Lucknow at Rs 14 crore and Cochin at Rs 10.21 crore remained static.

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/01/12/mib.jpg?itok=3PdToCzP
Committee on TRP measurement submits report to MIB

NEW DELHI: The committee formed by the ministry of information and broadcasting (MIB) to review TV viewership and measurement, led by Prasar Bharati CEO Shashi Shekhar Vempati, has shared its report today. The information was shared by minister of information and broadcasting Prakash Javadekar in a...

Regulators I&B Ministry
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/01/12/tv.jpg?itok=ZJ3cooU1
Draft National Broadcasting Policy ready for consultation

A bid to showcase Brand India to the world, more FDI, push for indigenous manufacturing of consumer premises equipment, and self-regulation – these are key propositions of the draft National Broadcasting Policy (NBP), which the government has proposed for the growth of India’s broadcasting sector.

Regulators I&B Ministry
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/01/11/shashi-shekhar-vempati.jpg?itok=70dhqj1M
NBP draft ready for consultation with Prasar Bharati CEO

A fresh broadcasting policy in India, that’s up to speed on the dynamic industry developments, has been on the cards for a long time now. Last month, the ministry of information and broadcasting (MIB) intimated that work on the National Broadcast Policy (NBP) was in full swing.

Regulators TRAI
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/12/31/w.jpg?itok=aZZEbLk1
Old controversy, new chaos: The TRP scam and all that jazz

The broadcasting industry had already been reeling under the impact of the Covid2019 pandemic when the Mumbai police came down on it, hard. On 8 October 2020, Mumbai police commissioner Param Bir Singh addressed a press conference about its investigation into an alleged scam involving the...

Regulators TRAI
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/12/24/nfdc.jpg?itok=BEQVAmp-
Cabinet approves merger of four film units with NFDC

The government has given its nod to the merger of four of its film media units with the national film development corporation (NFDC).

Regulators I&B Ministry
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/12/23/dth.jpg?itok=iyFF5whh
DTH license to be issued for 20 years, 100% FDI allowed in the sector

KOLKATA: The ministry of information and broadcasting (MIB) announced major key decisions for the direct-to-home (DTH) segment on Wednesday. The cabinet has revised guidelines for providing DTH service in India as well as licensing norms. I&B minister Prakash Javadekar stated in a briefing that...

Regulators I&B Ministry
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/12/07/trai.jpg?itok=xJDW7MPM
TRAI publishes consultation paper on platform service of DPOs

Along with re-transmitting TV channels, the distribution platform operators (DPOs) provide certain programming services which are specific to their platforms.

Regulators TRAI
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/12/05/mib.jpg?itok=FvvssQr7
MIB cautions TV channels on 'misleading' online gaming ads

KOLKATA: Amid concerns over misleading advertisements on online gaming and fantasy sports, the ministry of information and broadcasting (MIB) has issued advisory to TV channels to follow guidelines issued by the Advertising Standards Council of India (ASCI) on 24 November. “All broadcasters are...

Regulators I&B Ministry
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/11/17/sc.jpg?itok=h1ReB5ek
SC asks Centre to create regulatory mechanism for electronic media

New Delhi: Supreme Court asked the Centre to file a fresh affidavit dealing with mechanism to regulate electronic media under the Cable TV Network Act while hearing the pleas filed by Jamiat Ulama-I-Hind and others alleging that a section of the media was spreading communal hatred over Tablighi...

Regulators Supreme Court

Sign up for our Newsletter

subscribe for latest stories

* indicates required