Posted on: 11/12/2017 09:16 AM
Speaking at a conference recently, 21st Century Fox CEO James Murdoch said that the India business delivered an EBITDA of $100 mn in Q1 and is poised to touch $500 mn for the full fiscal with three more quarters to go. The company has set a target of $1 bn EBITDA by 2020.
Posted on: 04/12/2017 10:20 AM
News broadcaster ABP News Network has seen an improvement in its net profit on the back of a revenue growth during the first half of fiscal 2018.
Posted on: 30/11/2017 09:16 AM
There has been a phenomenal growth in the number of high definition (HD) channels and their viewership over the last two years, according to a latest BARC India study on HD channels.
Posted on: 27/11/2017 09:55 AM
Broadband and cable TV service provider Hathway Cable and Datacom has set its sight on high definition (HD) and connected set top boxes (STBs) for the next level of ARPU (average revenue per user) growth.
Posted on: 16/11/2017 09:13 AM
Multi system operator (MSO) GTPL Hathway expects subscription revenue from broadband business to be equal to the subscription revenue from the cable TV business in the future. Currently, cable TV business is the mainstay of the company contributing a bulk of the revenue.
Posted on: 27/10/2017 08:45 AM
After launching regional sports channels in Hindi and Tamil, Star India is all set to launch Star Sports 1 Kannada on 16 November. The Kannada sports channels will replace the broadcaster’s Hindi music channel, Channel V, which will be discontinued from the same date.
Posted on: 24/10/2017 09:02 AM
Anil Ambani-led telecom operator Reliance Communications is shutting down its direct to home (DTH) business Reliance Digital TV with effect from 18 November due to the expiry of its DTH licence.
Posted on: 23/10/2017 09:07 AM
Two years after launching in the country video on demand service, Hooq has fine-tuned its strategy. For one it is only focusing on Hollywood content through movies including the latest ones like ‘Wonder Woman’ and also TV shows. It will not have local content nor will it create any original content as it feels that the space is hyper competitive.
Posted on: 12/10/2017 09:08 AM
Reliance MediaWorks-owned production company Big Synergy is betting big on digital content as intense competition among over the top (OTT) platforms has led to a surge in demand for original content.
Posted on: 18/08/2017 09:55 AM
Dish TV has started renegotiating with broadcasters to bring content costs down. The argument put forward is that broadcasters are offering free to air content on DD Freedish and also on OTT platforms. The company has, in fact, managed to reduce content costs with one major broadcaster.