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Posts from — February 2016

Budget: IBF disappointed as govt ignores broadcasting sector’s wishlist

The wishlist included demands like carry-forward of losses in case of amalgamation or merger for the service industry, infrastructure status, and definition of royalty in withholding tax of transponder hire charges.

Hyderabad HC extends DAS III stay in AP and Telangana by another four weeks

Hyderabad HC has extended stay on DAS Phase III in AP and Telangana for another four weeks as the MIB filed its counter affidavit on Monday.

Budget: I&B ministry allocated Rs 4,083.63 cr for FY17

Grant-in-aid for Prasar Bharati has also been increased to Rs 3,056.86 cr. This includes Rs 340 cr on plan and Rs 2,716.86 cr on non-plan allocation.

Balaji gets moving on OTT service with key technology partnerships

Balaji Tele has forged partnerships with Xstream and Diagnal for its upcoming OTT entertainment service, ALT Balaji.

PVR Cinemas launches six-screen multiplex in Bengaluru, retains leadership in Karnataka

With this addition, PVR Cinemas continues to be the largest multiplex of the city with 63 screens across 8 properties. It has a total screen count of 497 screens at 110 properties in 44 cities across the country.

Facebook co-founder invests further in Hopscotch

Facebook co-founder Eduardo Saverin will join the Hopscotch board and work closely with the management team. This is a testimony to the company’s growth and expansion.

ETV, TV4 and MNET acquire factual titles from GRB Entertainment

ETV Africa picked up two music-based factual docu-series. These are ‘Braxton Family Values’ and two seasons of spin-off series ‘Tamar & Vince’.

Daily Post 29-02-2016

Follow Us On Monday 29 February 2016 Powered by: NXT DIGITAL COVER STORY Zee Media to enter TV shopping biz via acquisition of 2 India Today firms for Rs 165.78 cr Zee Media, which operates a clutch of news channels, …

Zee Media to enter TV shopping biz via acquisition of 2 India Today firms for Rs 165.78 cr

Zee Media, which operates a clutch of news channels, is entering the home shopping TV biz. It has agreed to acquire up to 80% stake in India Today group’s loss-making e-commerce and TV shopping entities for Rs 165.78 cr in tranches. The move has surprised media analysts.

‘Prem Ratan’ beats ‘Bhaijaan’ to become top-rated premiere on Star Gold

The world TV premiere of Salman Khan-starrer ‘Prem Ratan Dhan Payo’ on Star Gold notched 25,199 TVTs. This made ‘Prem Ratan’ the top-rated premiere on the channel.