Archive for the ‘News’ Category

NDTV eyes investors to pull out MetroNation Chennai

March 2, 2011

NDTV Ltd. has decided to get strategic investors for its joint venture company, MetroNation Chennai Television Limited. The company which was launched in 2009, operates a news cum infotainment channel and has been making losses recently.

NDTV has a 51 per cent share while Kasturi and Sons (Hindu Group) the remaining 49 per cent in the company. The company has incurred losses amounting to Rs. 275.1 million.

NDTV Group chief executive officer KVL Narayan Rao confirmed that NDTV is considering getting strategic investment in MetroNation Chennai Television. He also added that they would be increasing the Tamil content in the channel.

The company has a total of Rs. 208.7 million in investment, loans and reaceivables. This was carried off by NDTV at book values since the management expects to be able to realise these assets in full.

The amount of capital and its possible investor however are yet unknown as Rao refused from revealing any knowledge regarding the same.

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TIMES NOW scales new heights on the Obama visit day

December 8, 2010

On the day that US President Barack Obama arrived in India, the country trusted TIMES NOW, India’s No.1 24-hr English news channel to get the facts that mattered. On a day when all eyes were glued to the Television sets, viewers followed the Obama on TIMES NOW for everything from economic agenda to strategic affairs.

TIMES NOW garnered the highest relative viewership share of 31% as compared to 25% of CNN-IBN and 23% of NDTV 24X7 as per the data released by TAM TG: CS Male 25+ AB, Market: All India 1mn+ on 6th November, 2010

Commenting on the viewership garnered by the channel, Arnab Goswami, Editor-in-Chief, TIMES NOW said, “Our wide lead shows that viewers appreciated our straight forward and honest analysis of the core issues around the Obama visit. From the line on Pakistan to the UN Security Council seat support, we were way ahead with the news and analysis. The numbers reflect that.”

NDTV expands reach of its channels in Australia

December 8, 2010

ndtv

NDTV is expanding its reach in Australia. The company has signed a distribution deal with Australian subscription TV provider FetchTV for the carriage of its three channels.

As a part of the deal, NDTV 24×7, NDTV India and NDTV Good Times will be available on the FetchTV platform in Australia.

NDTV head – distribution and affiliate sales Rahul Sood said, “With India firmly on the global stage, there is a need to reach out to the broader audiences looking to keep abreast with events unfolding in the region.”

NDTV 24×7 will be available in the base pack of FetchTV, along with channels like CNBC Australia, BBC World News, Fox Sports News and other international news channels.

NDTV India and NDTV Good Times will be available along with the bouquet of all other Indian channels.

FetchTV provides access to digital free-to-air channels, subscription channels, video on-demand and interactive content via an unmetered broadband connection.

FetchTV CEO Scott Lorson said, “FetchTV is committed to providing quality programming options for Australia’s diverse population and the inclusion of channels from South Asia is just the beginning. We will continue to introduce multicultural programming to cater for Australia’s diverse range of cultural backgrounds.”

Mathrubhumi Group to flaunt news channel in Kerala

December 8, 2010

Matrubumi

A new entrant in the broadcast news segment is all set to foray in the Malayalam speaking state Kerala on a 24X7 format. ‘Mathrubhumi News’ is waiting for the authorities’ nod for the launch as the application is still pending with them.

Mathrubhumi News is the new initiative of Mathrubhumi Printing and Publishing Company, the operators of Malayalam newspaper Mathrubhumi. The new channel will focus on general news, happenings and current affairs.

The operational set up for the channel will be based in Thiruvananthpuram and it will probably go on air early next year.

Shreyams Kumar, Director, Electronics Media, Mathrubhumi Printing and Publishing Co informed exchange4media that the company was waiting for the license for the channel to go on air.

The recruitment process for the news channel was currently underway, Kumar said, adding, “We will come in and expand the market. The market share for news is relatively low (around 9 per cent) in Kerala. We are quite confident of giving good content by leveraging our experience and expertise. We are socially very sensitive to the requirements of the people. We are independent and do not owe allegiance to any group or any of those sort.”

Mathrubhumi News will compete with existing players in the segment such as Asianet News, People (Kairali), IndiaVision News and Malayala Manorama.

Meanwhile, Kerala Kaumudi is also planning to launch Malayalam news and current affairs channel in Kerala sometime next year. Nikesh Kumar, who was till recently with Indiavision TV, is also going to start a news channel from Kerala by the name of ‘Reporter’.

Mathrubhumi has been managing content for the last 87 years. As a brand, Mathrubhumi has got a strong attachment with the people of Kerala. Kumar is confident of leveraging the aforementioned advantages while building brand Mathrubhumi News.

Sea TV IPO opens with a bang

October 18, 2010

Agra-based independent multi-system operator (MSO) has successfully raised money through an initial public offering (IPO) on the very first day of opening.

Sea TV Network’s IPO was subscribed 1.38 times on Monday, according to data available on NSE site.

The Rs. 50.2 million IPO in the price band of Rs. 90 to Rs. 100 per equity share (of Rs. 10 each) closes on 29 September.

Sea Tv

Sea TV is one of the three existing MSOs in Agra city and it also has its own local channels, programmes of which are produced by its own production team. These local channels mainly focus on Agra city/U.P State news/events and information, which is more relevant to the city viewers. These channels are broadcast free of charge to the TV subscribers of Sea TV.

Sea TV is the first Independent MSO in India to float its own IPO. According to the company MD Neeraj Jain they are planning to extend their network to all the major cities around Agra using fiberoptic cables and IPTV technology. They also plan to launch two satellite channels including one news channel.

M J Akbar to launch India News’ Bihar-Jharkhand channel

September 11, 2010

According to the media reports, eminent journalist M. J. Akbar has taken the responsibility of launching of a new channel of India News in Bihar and Jharkhand. Akbar has been given the position of Editor-in-Chief for the new vertical and he is said to be finalizing the team for the same.

Akbar is indulged in taking interviews of candidates in Patna for the new channel. However, no particular name has been declared for the supreme position of this regional channel.

Bhadas4media reports that Kartikeya Sharma (Managing Director) and M.J. Akbar are taking every decision related to the project.

Considering the slated elections in Bihar, media houses are eyeing the hefty amount of revenues that is going to be spent on advertisements by the politicians. Hence, there is a complete list of channels which are planning to launch in coming months.

UNITV delivers live feed from Congress Headquarters at New Delhi

September 11, 2010

the recently started video news service by leading newswire UNI, reached a new milestone yesterday (September 3, 2010) with delivery of ‘Live-Feed’ to its clients from the Congress Headquarters in New Delhi.

The video news service, being run in collaboration with YRD Media, begun with Live-Feed at for the first address by Congress President Sonia Gandhi on her re-election to the post for the fourth time in a row.

Video news service is made to use by most of the channels for the providing video footage of developments on different circumstances. While, some of the big News TV networks have infrastructure in place to support live coverage of such big-scale events by making use of OB Vans (Outside Broadcast Vans), others have heavy dependency on the video news service providers such as ANI, Reuters, APTN and now UNITV due to economical burden. Another constraint in such circumstances for beaming live coverage for some of the channels is geographical constraint.

For delivery of Live-Feed to the channels UNITV made use of a 4MB Point-to-Point-Link-Line between Congress Headquarters and UNI Television Headquarters in New Delhi. Making provision for the Live-Feed service UNITV becomes the first Indian news agency to provide live feed to its clients.

To mention here, UNITV began with operations in November 2009 and has been in the state of dry runs for the past six months. The News Service makes use of satellite as well as FTP for delivery of the feeds to its clients. It officially launched its service on 15th August this year.

BBC Worldwide to up investments for channels in India

August 3, 2010

The commercial vertical of the British Broadcasting Corporation (BBC), BBC Worldwide, is gearing up to augment its investments in the BBC Channels aired in the subcontinent region.

The Media Company, moving forth with its plans to increase its focus internationally, has signalled long-term commitment to expanding in India. BBC Worldwide would be making new investments into its BC Channels, BBC Entertainment and CBeebies.

In a statement BBC Worldwide says, “Over the past year 55% of the organisation’s revenue came from international businesses – up from 46% in 2006. BBC Worldwide’s target is to have two-thirds of its sales come from overseas business by 2012 and India is seen as a key market to help reach this target.”

BBC Worldwide Channels currently operates an international network of 41 TV channels, available in every habitable continent, reaching 326 million homes. Last year, it saw double-digit percentage growth in sales and profits year on year (16.4% and 34.2% respectively).

The announcement follows the recent appointment of Deepak Shourie as the Director, South Asia, BBC Worldwide Channels.

BBC Worldwide operates BBC Entertainment, CBeebies and BBC World News as broadcast verticals. It also has a Mumbai-based production house for television content. The company also manages the BBC.com in India. Other than TV operations, BBC Worldwide also has a venture with the Times of India Group, Worldwide Media Ltd, for publication business.

IBN Lokmat Q1 narrows net loss to Rs 40 mn

August 3, 2010

Marathi news channel IBN Lokmat has narrowed its first-quarter net loss to Rs 40 million as revenue jumps over the earlier-year period.

A joint venture
between IBN18 and Lokmat Group, IBN Lokmat had kicked in losses of Rs 70 million in the year-ago period.

Income from operations jumped 194 per cent to Rs 40 million, from Rs 10 million in the first quarter of FY’10.

Revenue, however, has dropped from the trailing quarter which had seen an income of Rs 50 million.

Operating loss (Ebitda) dropped to Rs 30 million, from Rs 60 million in the prior year. However, it was higher than Rs 20 million posted in the trailing quarter.

IBN Lokmat’s expenses remained flat at Rs 70 million, indicating that costs had more or less stabilised.

ABC News 24 to debut on 22nd July in Australia

July 14, 2010

Australian Broadcasting Corporation which announced to bring its 24 hours news channel earlier in January this year to compete with Sky News is going to make it soon. The media company is all set to launch ‘ABC News 24’ on 22nd of July. The announcement has been made public by Managing Director Mark Scott in an e-mail to his staff. He has also twitted about the same.

The company has chosen an apt time for the launch, when federal elections are round the corner. This is the best opportunity for this new media entity to prove its mettle in the very beginning.

“I am pleased to advise that ABC News 24, our new digital television channel, will launch on Thursday 22nd July.” said Mark Scott. Further in his mail, he said, “The launch of News 24 is the culmination of many months of hard work by teams across the ABC, particularly in the News, Television, Resources and Technology divisions.”

“This eagerly awaited event required a number of things to fall into place. We needed to build Media Hub and move our existing channels over to the new play-out centre. We needed to build new facilities like the Chester Wilmot studio on the ground floor of Ultimo.”

“We needed to install new digital equipment that allows us to broadcast news around-the-clock. And we needed to recruit and train production teams to deliver a range of new programs.”

“It is not every day that the ABC creates a new channel. In preparing to launch big ventures like this, you often feel you could do with more time. But we are keen to get on air and provide what I am sure will be outstanding coverage of the 2010 Federal Election campaign on News 24.”

“A 24/7 news channel is a significant challenge and doubtlessly we will face intense scrutiny from our competitors, but we are looking to make a strong start and to get better every day.”

“I know our audiences are going to appreciate having the great work of ABC journalists in Australia and around the world, available free of charge, at all times – on television, online and on mobile.”

The channel is set to replace the existing ABC High Definition simulcast of ABC1. The channel will provide live continuous news coverage of major breaking stories from Australia and around the world. New programs are also being developed specifically for the channel, focusing on world news, national politics and business. Many of the ABC’s existing television news and current affairs programs will also be featured.

ABC News 24’s output will consist of a mix of live bulletins, time shifted repeats of existing ABC News and Current Affairs output, coverage of the Federal Parliament’s Question Time, documentaries and factual & arts programming.