The Telecom Regulatory Authority of India (TRAI) has issued a clarification stating that the discount or waive off on network capacity fee (NCF) for the second or additional TV connection should be uniform in the target market area of respective distribution platform operator (DPO).
TV broadcaster Sun TV Network’s net profit for the quarter ended 31st December has jumped 32% to Rs. 351.33 crore compared to Rs. 266.97 crore. Profit before tax (PBT) was up 33% at Rs. 542 crore as against Rs 406.63 crore.
News broadcaster NDTV has posted a consolidated net profit of Rs 7.3 crore for the quarter ended 31st December compared to a net loss of Rs 20 crore in the corresponding quarter of the previous fiscal. The consolidated business comprises of TV, digital and e-commerce.
ITV Today Network’s revenue for the quarter the ended 31st December has crossed Rs 200 crore mark. The company’s revenue has increased to Rs 205.9 crore as against Rs 192.7 crore in the corresponding quarter of the previous fiscal.