A strong growth in the Indian Direct-to-Home (DTH) satellite television, which almost doubled to about 9 million subscribers at the end of 2008, helped the worldwide market to notch up an estimated rise of 18% in subscriptions says In-Stat. India now has five pay DTH satellite providers with a sixth expected to enter the market [...]
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At a time when newspapers are struggling with soaring newsprint prices and contracting budgets of advertisers, Indore-based Nai Duniya Media Ltd launched its flagship newspaper, Nai Duniya, in New Delhi on October 2. That’s not all. The Rs 100-crore company will shortly launch a new weekly magazine across nine locations including Mumbai. Nai Duniya is [...]
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The entry of Reliance ADAG backed Big TV has translated into lower subscription rates for the consumers. Earlier, the average monthly outgo for subscribing to the DTH services was Rs 280-300 (inclusive of price of a DTH settop box, hardware and monthly subscriptions). However, after Big TV launched its services with its starting offer at [...]
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“Earlier, Hollywood films were never considered serious competition, but today they are eating into the business of Bollywood films,” says film analyst Taran Adarsh. Just a few years ago, Hollywood films would be considered a hit if they made Rs 3-5 crore in the first week, and today, The Dark Knight, which was released two [...]
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According to the Global Entertainment and Media Outlook: 2008-2012 by Pricewaterhouse Coopers, get ready for a shift in the global balance of media power over the next 5 years. Europe, the Middle East and Africa will overtake the US as the world’s largest entertainment and media market by 2009, while China, is expected to pass [...]
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The market for pay-TV in India will continue steady growth for the next several years, according to a recent reseach, Pay-TV and Video-on-Demand Potential in India, by In-Stat. Total pay-TV subscribers is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2007 to 2012, when it will reach about 90 million [...]
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