India under lockdown: Broadcasters stare at drop in ad revenues
Top broadcasters, media buyers and advertisers ET spoke with, feel that if the situation doesn’t improve by end of April, the TV industry will end up with a 30-40% drop in ad revenues in April and May. Experts say that while March is usually a slower month for advertising, many top spending categories spend heavily during these two moths on IPL and the summer season.
ISL opening day viewership doubles on Star Sports, Hotstar
The opening match played in Kochi on October 20th, between arch rivals Kerala Blas...
Broadcasters set to drop MRP of flagship entertainment channels in festive season
ZEE on Friday dropped the MRP of six of its GECs – Zee TV, ...
Social video application Firework appoints Sunil Nair as India MD
Prior to Firework, Nair was COO of Alt Balaji for over 4 years, the subscription-led video streaming service owned by Balaji Telefilms.
Broadcasters move HC against new tariffs for cable and digital players
Indian Broadcasting Foundation (IBF), Sony Pictures Networks India (SPN), Walt Disney, which owns Star India, Zee Entertainment Enterprises, Reliance Industries-owned TV18 and the Producers Guild of India moved the Bombay High Court, challenging the Telecom Regulatory Authority of India’s amendments to the New Tariff Order (NTO).
Trai's latest tariff order to jeopardise content creation, hit growth: Broadcasters
Television broadcasters united against TRAI's recent order capping prices for channels saying that will affect the content creation and impact jobs. The broadcasters got together under the aegis of the Indian Broadcasting Foundation (IBF) to oppose the move in a rare press conference here which had top executives from all the leading networks speaking out.
Viacom18 launches Voot Select to take on Netflix, Hotstar
Media firm Viacom18 on Tuesday said launched a subscription-based streaming service 'Voot Select' for Indian audiences as it looks to tap into the burgeoning digital content market in the country.
Universal Music Group makes senior level appointments to drive expansion
The company has promoted Vinit Thakkar from SVP to the newly created position of COO, India and South Asia, effective immediately. In his new role, Thakkar will work closely with Devraj Sanyal, MD & CEO Universal Music India and South Asia. He will be responsible for driving India’s overall content strategy and operational efficiency.
31% equity mutual funds manage less than Rs 100 crore. Should you avoid these small funds?
Around 23% of the total schemes have an AUM of less than Rs 50 crore. If we remove the new schemes launched in 2017 or later, we still have 96 schemes which have been there for a while and did not manage to scale up their AUM.
Cup of woes: Washed out matches at Cricket World Cup leave Star India drenched
Star India is currently staring at an ad revenue loss of close to Rs 100 crore, which may more than double if India-Pak match gets hit.
Star India reports Rs 1,216-cr loss in FY19
The company followed a ‘conservative accounting principle’ and booked expenses of Rs 4,000 crore on the Indian Premier League (IPL) during the fiscal under review. Star India suffered losses despite a 35% increase in revenues during the year.
Sony, RIL’s TV18 may form joint venture for entertainment business
Sony will own a majority 51% stake in the proposed JV, while TV18 will own the remaining 49%. As part of the deal, the two companies will transfer 100% of SPN, 51% of TV18’s share in Viacom18 (US entertainment conglomerate Viacom Inc owns 49% in Viacom18) and 100% of Jio Studios business to the new entity, one of the sources said.
Star signs 9 advertisers for IPL 2020; sells inventory worth Rs 900 crore
With less than two months to go for the 13th edition of the Indian Premier League, Star India, the media rights holder for the cricket tournament, has signed up nine sponsors, including Vivo, Coca-Cola India, Amazon, PhonePe, Dream11 and Maruti Suzuki.
MX Player app tops customer loyalty chart
Hotstar holds 48.6% of video streaming share, MX Player has 42.4% and Rel Jio TV 29.65%
Broadcasters unite against TRAI's revised tariff order
Trai's move goes against the government's stated position of ensuring the ease of doing business, they said.
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