Posted on February 21st, 2009 by dhirender
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 early [...]
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Posted on October 7th, 2008 by dhirender
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 a [...]
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Posted on September 15th, 2008 by dhirender
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 Rs 100 [...]
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Posted on August 3rd, 2008 by dhirender
“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 weeks [...]
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Posted on June 29th, 2008 by dhirender
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 the [...]
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Posted on June 7th, 2008 by dhirender
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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Posted on June 5th, 2008 by dhirender
PVR Pictures Ltd, the film production and distribution subsidiary of publicly listed PVR Ltd, has secured Rs 120 crore funding from ICICI Venture and JPMorgan Special Opportunities Group, the PE arm of JPMorgan Chase Bank.
This is probably the largest ever private equity investment in Indian film production and distribution business says VCCircle. PVR Pictures has [...]
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Posted on June 5th, 2008 by dhirender
According to the second annual World Digital Media Trends report, released at the World Association of Newspapers, the digital platforms of newspapers are growing at a double-digit rate worldwide, as the world increasingly goes on line.
According to the report, compiled with the help of 71 research groups:
Digital and mobile advertising revenues are expected to increase [...]
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Posted on June 2nd, 2008 by dhirender
Launched in 1993 and owned by Scottish broadcaster SMG, Virgin Radio has been bought by TIML Golden Square, a wholly owned subsidiary of The Times of India Group. The new owner has announced plans to spend £15 million (Rs 126.44 crore) on re-branding away from the Virgin name, also because TIML has 90 days from [...]
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Posted on May 17th, 2008 by dhirender
Reliance’s BIG entertainment is doing everything to live up to its name. The films production arm of the Anil Dhirubhai Ambani Group, has said that it will produce, distribute and co-produce 69 films in Hindi, English and regional Indian languages over next two years.
This is considerably more than UTV Motion Pictures announcement of launching 18 [...]
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