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Print/Radio

ICC firewalls its official sponsors from rights infringement

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For the first time, ICC issues a detailed advisory for the print media; protects exclusivity granted to its official sponsorship partners including Pepsi, LG, Hyundai, Castrol, Emirates, MoneyGram, Reebok and Reliance.

RBI prevents FIIs from buying Dainik Bhaskar shares

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RBI has prevented FIIs from buying shares of DB Corp, the publishers of Dainik Bhaskar, as it has reached the upper ceiling.

Radio Mirchi’s net profit and revenue touch new high

Entertainment Network (India) Ltd has reported its best net profit and EBITDA ever. Revenue was the highest for any fiscal third-quarter at Rs 98.5 cr.

Regional print industry will continue to surge: Deloitte

Deloitte has forecast that regional print industry will continue to surge primarily driven by such factors as under penetration in regional markets, rise in regional ad rates and sustained pressure on English print advertising by digital media.

Amansa Capital sells stake in HT Media, share price plunges to 52-week low

Singapore-based Amansa Capital sells 1.50% stake in HT Media at an average price of Rs 75.57 per share; bulk deal valued at Rs 194 mn.

Dainik Jagran brightens up Jagran Prakashan’s Q3 showing

Jagran Prakashan Q3 EBITDA surges 19.6% to Rs 1.09 bn. Dainik Jagran reports 11.3% increase in operating revenue to Rs 3.32 bn.

All new IRS 2013 data holds surprises and shocks

While the leaders of the different categories have remained unchanged, the pecking orders of publications have seen some major overhaul. In a major power equation shift, Dainik Bhaskar has slipped to third position, losing ground to Hindustan. Mid Day and Deccan Herald have got into the top 10, pushing DNA and The New India Express out.

Reliance Broadcast sets delisting price, promoters to spend Rs 925 mn

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Reliance Broadcast Network fixes delisting offer price of Rs 46.47 per share; promoters to spend minimum of Rs 924.8 million towards acquisition of public shareholding.

Government to axe paid news

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Govt to put in place stringent provisions on carriage of paid news and declaration of returns including ad revenue; offence punishable by cancellation of registration certificate.

Southern private FM radio industry to grow at 19% CAGR to Rs 830 crore in FY 2017

As per the Deloitte-FICCI report ‘The Digital March-Media and Entertainment in South India’, the private FM radio industry in South is growing to touch Rs 830 crore in FY 2017.