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Tags : sun-direct

Sun Direct issues notice to offer Star channels a la carte from 1 Aug

Sun Direct has issued a public notice stating that Star India channels will be available on RIO on its platform from 1 August.

Sun Direct turns profitable at net level for full fiscal for first time

Kalanithi Maran-promoted Sun Direct has posted full-fiscal net profit for the first time. In FY17, Sun Direct’s net profit stood at Rs 32.21 cr compared to a loss of Rs 35.30 cr a year ago. Revenue grew to Rs 1,211 cr and ARPU climbed. Addition of transponders and HD channels helped.

21st Century Fox in talks with Tata group to up stake in Tata Sky

21st Century Fox is in talks with the Tata group to up its stake in Tata Sky, a JV DTH company where it owns nearly 30% stake. The new development comes in the wake of the Tata group and Bharti Airtel reportedly holding exploratory talks to evaluate a broader alliance involving their telecom, overseas cable and enterprise services, and DTH businesses.

Sun Direct, Astro, Reliance Digital TV and the sniffing of a deal

If a deal is to be hatched, Reliance Digital TV will necessarily have to move to Sun Direct. How will Sun Direct benefit from the deal? What are the clouds that still darken the prospects of a deal?

DTH ops fear ET from local bodies could surface, take away Rs 700-cr GST advantage

DTH companies, which paid Rs 1,300 cr as entertainment tax in FY17, are expecting the burden to lighten after GST comes into force. The sector could save Rs 700 cr in lieu of tax. But a spoke in the wheel could appear in the form of local bodies coming out with ET.

Sun Direct has 3-year capex plan of Rs 1,475 cr; capital infusion from promoters not needed

Sun Direct has capex plan of Rs 1,475 cr for next 3 financial years. Out of this, intent is to have debt funding of Rs 450 cr during FY18–FY20. Future capex is expected to be supported through internal accruals and debt, with no further dependence on promoters’ contribution.

Sun Direct turns around to post net profit

Sun Direct, the DTH arm of the Kalanithi Maran-promoted Sun group, is turning around. After incurring losses till FY16, the company is hitting the profitability mark.

RCom’s financial woes may re-ignite deal talks between Reliance Digital TV and Sun Direct

The financial woes of Reliance Communications could lead to new rounds of exploration between Reliance Digital TV and Sun Group’s Sun Direct, including a buyout. After all, they were exploring a merger in 2013.

Arnab Goswami calls NBA ‘a cabal of a few broadcasters’, bats for an independent TV news body

Fresh from his victory against established news channels, Republic TV founder Arnab Goswami lambasted the NBA calling it ‘toothless’ and a ‘cabal of a few broadcasters’.

Sunrisers Hyderabad ropes in sponsors for IPL 10

Ultratech, Jio, Astral Bondtite, Canara Bank, Nerolac, Kurl On, Sun Direct and Red FM have all signed as partners for IPL season 10, with their logos and branding set to be prominently displayed on the team’s match kits. Gillette, Apollo Hospitals, UB, Tyka and Motul Oil have also partnered with the franchise.