Starts 3rd October

Vanita Keswani

Madison Media Sigma

Poulomi Roy

Joy Personal Care

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Ex-Airtel

Anjali Madan

Mondelez India

Anupriya Acharya

Publicis Groupe

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The Hindu

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OMD India

  • Stage set for Enter Media 2001 conference

    The stage is set for the Enter Media 2001 conference to be held in Mumbai on 7 and 8 August.

     

  • New shows 'Kya Masti Kya Dhuum', 'Khullja Sim Sim' do a Star turn: Tam data

    Star India's new programming strategy for Friday nights has hit the right notes from Day 1 itself, as per information


  • It happens only in indya, Star opts to buy out portal

    Submitted by ITV Production on Aug 02, 2001

    Star has finally taken a full-fledged leap into the dotcom pool. Confirming its confidence in the Internet space, Star India today hoicked its stake in the much-hyped portal indya.com to "almost 100 per cent."

    A joint release from Star and indya.com states that the Rupert Murdoch-promoted firm has bought the entire shareholding of founder and Microland chairman Pradeep Kar, and other investors. Kar had established indya.com in April 2000.

    The market was abuzz for long that Star would gobble up indya.com in toto but its management had consistently pooh-poohed that possibility. Star had earlier paid out $ 50 million for a 37 per cent stake in the portal but that was before the worldwide dotcom meltdown. No further details were available on how much Star paid to buy out Kar and associates, but official sources say current valuations are significantly lower. Some estimates put the figure at about $25 million.

    Gary Walrath, executive vice-president, Star Group Ltd, has been appointed chairman of indya.com while CEO Sunil Lulla will continue to head the dotcom, assisted by Indya‘s management team, says the company release.

    The website is planned to become the online destination for all of Star‘s India properties on its TV channels today and in future. Already, Star Plus, Star Movies, Star World and Channel [V] have been integrated into indya.com and will soon be joined by the group‘s other channels in the coming months.

    The press release says benefits will also accrue to indya.com. "The alignment will give consumers and users an opportunity to interact more with Star on the internet and see more of indya.com on television," it states.

    Recently the website launched interactive applications and multimedia content built around some of Star‘s popular programmes like Kaun Banega Crorepati, Kyunki Saas Bhi Kabhi Bahu Thi, Kaahin Kissii Roz, Kahani Ghar Ghar Ki, Ji Mantriji (all on Star Plus), Friends, X-Files, Ally McBeal and Baywatch (on Star World).

     

  • ETC posts similar Q1 results to last year

    Submitted by ITV Production on Aug 02, 2001

    ETC Networks Ltd, which owns music heavy Hindi channel etc and etc Channel Punjabi, has announced its Q-1 results for the year 2001-2002. The network has not shown any major changes in its performance compared to the corresponding quarter last year.

    Net revenues have gone up marginally by 1.7 per cent to Rs 77.09 million. But because of gross reduction in other income, total income has gone up even lower at 0.8 percent. The reduction in the other income is due to the closure of some tie-ups which impacted on revenues.

    On the expenditure front, programming and telecasting costs have gone up considerably. A company spokeperson said the increase in the programming expenses was largely due to the software costs incurred for the launch of etc Channel Punjabi last year.

    But at the same time the staff costs and other expenses has gown down by 32.5 per cent. "Restructuring is taking place in the company. As a result of that the costs have gone down. Also the channel has now settled down in its operations, so now we are able to cut down on excessive costs," a company spokesperson pointed out.

    Interest costs have gone up. This is because fresh funds have been infused for the network‘s expansion plans. In the coming months that investment is expected to show returns, the spokesperson said.

    The OPM (operating profit margin) has gone up from 17.86 per cent to 21 percent with PBDIT of Rs 16.47 million in Q1 this year where as NPM (net profit margin) has remained at the same level of around 14 per cent.

    The stock market was not overly enthused by the results. The script moved in narrow band between Rs 11.95 - Rs 12.45 and closed at Rs 12.20 with more than 13,000 shares changing hands on the BSE.

  • Zee TV says it needs time for results to show

    The media has been pretty critical of the performance put up by Zee Telefilms in Q1 of FY 2001-002.

  • Sony, Hathway expect to resolve connectivity dispute soon

    Sony Entertainment Television and the Rajan Raheja-owned Hathway Cable & Datacom are hopeful that their ongoing d

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