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  • Zee sets itself 60 days deadline to raise finances

    Submitted by ITV Production on Aug 08

    Alarmed by the recent fall in stock prices, dismal Q1 results for the year 2000 - Zee reported a mere 5% increase in the net profits and drop in TRP ratings due to rival channel Star TV‘s hugely popular Kaun Banega Crorepati game show, Zee Telefilms is setting itself an ambitious target of raising up to $700 to $800 million over the next sixty days.
    The money raised will be used to fund various activities like strategic acquisitions of cable networks and regional channels, digitalisation of its bouquet of existing channels and updating its movie library.

    Zee‘s flagship MSO Siti Cable is expected to rake in much of the moolah for funding its various operations. Siti Cable, which is one of the biggest cable operators in the country and also a major convergence player for Zee, is expected to be valued at $3 billion. Zee might dilute about 11% in Siti Cable which will bring in $330 million.

    According to Business India, Zee is also in talks with Time-AOL as a strategic investor and another global financial powerhouse as a financial investor. Apart from this, Zee will raise additional $400 million through a convertible float of Zee Telefilms.

  • PIL filed in Delhi HC seeks probe into porn on DTH

    NEW DELHI: The Delhi High Court today heard a public interest litigation seeking that direct-to-home (DTH) services a

  • Star to decide on uplinking plan by next weekend

    Submitted by ITV Production on Jul 28

    The recent decision taken by the government to allow broadcasters to uplink directly from India seems to have caught the fancy of almost all the television channels and most of them might be thinking about uplinking form India.

    Not to be left behind, officials at Star will be meeting through next week to decide about uplinking from India. According to a Star spokesperson, if the policy is there, they would definitely take a look at it. He also said that they might take some decision regarding this issue by next weekend.

    Asked whether Star‘s content partner for Star News, NDTV, would be applying for an uplinking license, because it might be left behind in terms of live coverage of news by rival news channel Zee News, the spokesperson said that NDTV is using VSNL‘s uplinking facilities and the time difference between uplinking directly form India and from Hong Kong is hardly be 2 to 3 minutes.

    It can be mentioned that Star has its own uplinking hub in Clearwater Bay - Hong Kong form where it uplinks all its channels. This gives the group economies of scale as it uplinks its entire bouquet from there.

  • Star to decide on uplinking plan by next weekend

    Submitted by ITV Production on Jul 28

    The recent decision taken by the government to allow broadcasters to uplink directly from India seems to have caught the fancy of almost all the television channels and most of them might be thinking about uplinking form India.
    Not to be left behind, officials at Star will be meeting through next week to decide about uplinking from India. According to a Star spokesperson, if the policy is there, they would definitely take a look at it. He also said that they might take some decision regarding this issue by next weekend.

    Asked whether Star‘s content partner for Star News, NDTV, would be applying for an uplinking license, because it might be left behind in terms of live coverage of news by rival news channel Zee News, the spokesperson said that NDTV is using VSNL‘s uplinking facilities and the time difference between uplinking directly form India and from Hong Kong is hardly be 2 to 3 minutes.

    It can be mentioned that Star has its own uplinking hub in Clearwater Bay - Hong Kong form where it uplinks all its channels. This gives the group economies of scale as it uplinks its entire bouquet from there.

  • BBC lets cricket fans hear commentary online

    Submitted by ITV Production on Jul 26

    LONDON:Cricket fans will be able to listen to live BBC coverage when Test Match Special, normally found on BBC Radio Four LW and BBC Radio Five Live Sports Extra (one of the BBC‘s new digital radio stations), is streamed online. Fans can access Test Match Special commentary live on both the BBC and ECB (England and Wales Cricket Board) websites - www.bbc.co.uk/cricket and at www.ecb.co.uk. The facility was made available from Thursday, with the first test kicking off between England and India in the npower series.

    The exclusive deal means that the BBC commentary will be available online for npower Test Matches, NatWest One-Day Internationals and C&G Trophy matches covered by the British Broadcasting Corporation.

    The deal includes online coverage of these matches for the remainder of the 2002 domestic season and the whole of the 2003 domestic season, where coverage of the ECB‘s recently announced 20-over competition can also be anticipated.

  • Star TV makes fun of Zee Cinema

    Submitted by ITV Production on Jul 21

    Star TV is taking potshots at its former ally Zee Telefilms. It has been airing an interstitial on its Star Movies channel which takes a dig at Zee TV‘s pay TV Hindi movie channel channel Zee Cinema.
    The interstitial starts with a shot of an office building with a neon sign similar in all respects to the logo used by Zee Cinema except for a small change: the brand it is advertising ‘Bee Cinema‘. An executive in the Bee Cinema office is shown throwing darts at a dartboard blindfolded.

    A voiceover tells the viewer that unlike other channels (Bee Cinema), Star Movies does not show its viewers movies they would not like to see. The interstitial goes on to tell viewers to log on to the startv.com website and vote for their favourite movies in the pick of the week section. Star promises that it will will then show these movies according to the viewer‘s preferences and in order of their popularity.

    While the introduction of this scheme is commendable, Star‘s swipe at Zee at this juncture seems surprising. For one, we all thought that the trench warfare between Star TV and Zee TV was a thing of the past. But apparently it does not seem to be.

    According to some inside sources Star‘s move stems from a desire by the Star Network to get back at Zee for what many insiders believe was Zee‘s hand in the controversial Channel [V] obscenity case.

    Others say that the mocking interstitial is just a teaser for the to-be-launched Star TV Hindi movie channel Star Box Office. The ground is being prepared for the launch of the classic-movies-cum new-movies channel. It is to be seen how and whether Zee will react and if we are in for another war between two industry partners-turned-rivals.

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