This fine is for not conforming with standards specified by the central government regarding interference or equipment usage
Harit Nagpal, MD and CEO, Tata Play, told e4m that they are restructuring their channel bouquets by removing less-watched channels and adjusting monthly charges accordingly
Punit Goenka, ZEEL MD & CEO, spoke about the business performance in Q1, the competitive landscape, and the company's forward-looking growth, during the Q1 FY25 earnings discussion
While distribution methods (terrestrial, cable, satellite, streaming) have changed, the core value of TV, which is mass impact, remains relevant, say experts
The company said it is in the process of obtaining requisite approvals for completion of the merger
About 85 percent of the employees of Zee Media have been given an increment in salary, ranging from 5 to 15 percent
Currently, DPOs get a 20% distribution fee from broadcasters on the price of TV channels. They have an option to avail 15% more subject to certain conditions
Analysts believe that regulatory approvals will take three to four months once the extension is granted. The merged entity is expected to be listed by April 2024
The merger agreement between Zee and Sony was to be closed by Dec 22, 2023
Experts also believe that increased governmental interference may lead to selected broadcasting and it may also increase the trend of oligopoly in the media and broadcasting sector
While there is no filtration on OTT, linear TV has blanket censorship, and so, some kind of balancing act is needed, say experts
Digital platform Zee5 saw a revenue jump of 59%
The media group has posted Rs 142 crore as advertising revenue for the quarter
Issuing a statement, Japan’s Sony Group has said the transaction was expected to be completed by the end of the first half of fiscal year 2023
11% drop in advertising revenue
The revenue stood at Rs 1317.78 crore
Subscriber count stands at 95.8 million
In TN/Pondicherry, Urban (15-50 ABC) market, Star Vijay becomes the most viewed channel in Week 24
During the Q2 earnings call, ZEEL’s Chief Financial Officer Gupta said growth revival is their key focus & Q3 will see recovery compared to the Q2 levels because of the festive season
The regulator has said the inclusion of popular channels in bouquets would give consumers a fair balance of choice of channels
The network has suggested that the impact of landing pages/channels should not be considered since these services are obtained on commercial terms
The merger agreement was signed by the two companies in December 2021
Disney Star Head of Network Entertainment channels Kevin Vaz says the sentiment among advertisers is positive and 2022 will be the best festive season for them compared to the last two years
Advertisement revenues for the quarter jump 40.84 % at Rs.343.17 crore
The double-digit revenue jump was driven by an increase in ad and movie business revenues
ZEE5 annual revenue has surged 31% to Rs 549.6 crore
Industry experts say stakeholders must wait and watch for 8-13 weeks to arrive at any inferences
Industry experts say while the exit will help these big broadcasters arrest the decline of pay universe, it will give smaller FTA broadcasters a chance to grow their viewership and ad revenue
Ad revenue increased 22.45% to Rs 378 crore
The company’s ad revenue up 33.7% YoY to Rs 231.7 crore
Industry experts say the Zee-Sony joint entity will be able to address a wide set of advertisers now and will therefore have better bargaining power when it comes to increasing ad revenues
In response to a question in the Rajya Sabha, I&B Minister Anurag Thakur further said the government takes action by way of advisories, warnings, apology scrolls and off-air orders
The regulator has granted 10 days to the broadcasters to submit the report
In FY21, the combined revenue of Sony and ZEE stood at Rs 13,451.5 crore which included Rs 6311.8 crore of ad revenue and Rs 5572 crore of subscription revenue
Net loss during the first quarter of the current year stood at Rs 28.9 crore, compared to Rs 30 crore
Standalone revenues including partial season of Indian Premier League was up 34% at Rs 810.10 crore as against Rs 606.10 crore
Meanwhile, the industry bodies have requested CM Uddhav Thackeray to permit extension in timings to efficiently wrap up shoots
Subscription revenue for the quarter was up 14 per cent at Rs 427.04 crore from Rs 375.65 crore for the corresponding quarter ended September 2019