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Reversing its earlier plan, Hathway has decided to spin off the cable TV biz into a wholly owned subsidiary. The broadband biz will be retained in the parent company. In a way, this signals the confidence the company’s owners have in the broadband biz.
TDSAT asks Hathway Cable to pay Rs 160 mn as outstanding dues to Media Pro by 28 Feb; tribunal also gives interim relief to the MSO against disconnection notice by Media Pro.
Agra is one of the worst digital addressable system (DAS) markets in India. Consumer ARPU (average revenue per user) is miserably low, multi-system operators (MSOs) were fighting against each other till September 2014, and local cable operators (LCOs) have not focused on increasing cable TV rates. For more than a year and a half after DAS got implemented, nothing has been corrected.
Over the last couple of months, SAB TV has taken hard decisions of pulling the plug on many new shows, while also making changes in the existing content in the form of introducing certain characters with a broader appeal. This is part of the content redesigning plan that SAB is undergoing to make itself better equipped to post growth in the BARC era.
Dish TV MD Jawahar Goel will take on the additional role of CEO till a replacement is found for RC Venkateish. Jawahar’s son Gaurav Goel will also assume an expanded role in Dish TV from 1 November.
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