Daily Post 10-05-2018

Thursday, 10 May 2018


Star’s investment in Hotstar will be $50 mn in FY18: James Murdoch

Star India’s investment in its video streaming service Hotstar will be $50 million in FY18, 21st Century Fox CEO James Murdoch has said. The company follows a financial calendar of July to June.

Asianet Satellite demerges cable TV biz into subsidiary co

Multi system operator (MSO) Asianet Satellite Communications has transferred its cable TV business into a new subsidiary company called Asianet Digital Network. The demerger has become effective from 1 March 2018.

Tata Sky to remove three channels from its platform

Direct to home (DTH) operator Tata Sky will remove three channels from its platforms with effect from 29 May.

Republic TV to expand into North America with launch on Canada’s ATN

Arnab Goswami’s English news channel Republic TV is all set to foray into the North American continent by way of having its linear programming content aired nationally in Canada on a 24 hour licensed Canadian news service of Asian Television Network International (ATN).

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