Television – Page 12 – storyboard18

Netflix targets $17 billion in content spend this year; India top 3 market in revenue growth in Q2

Ted Sarandos, Co-CEO, Netflix said, "India's growth is a story that we see around the world playing out very similarly." (Image: Netflix, 'Heeramandi')

India was Netflix’s number 2 and 3 country in terms of paid net adds and percent of revenue growth in the second quarter.

Paris-based media giant Vivendi’s plans to list Havas and Canal+ revealed

On the Havas split the company shared that Havas, with the majority of its activities being carried out internationally, would be listed as a Dutch public limited liability company (NV) on the Euronext Amsterdam stock exchange, which already witnessed Universal Music Group’s success.

For the first half of 2024, Vivendi’s revenues were €9,052 million, an increase of 92.7% compared to the same period of 2023. Canal+ Group is a major player in the creation and distribution of cinema and audiovisual content on all continents.

Broadcasters concerned over TN govt-owned Arasu Cable TV unpaid dues worth Rs 500 cr

The committee invited three industry organizations: the Central Board of Film Certification (CBFC), the Indian Motion Picture Producers' Association (IMPPA), and the Motion Picture Association (MPA).

Multiple broadcasters have raised concerns regarding unpaid dues which have been outstanding for over a year.

EXCLUSIVE: DD Free Dish pushes to double subscriber base; to focus on premium households

In the 2024 MPEG-2 e-auction, Prasar Bharati reportedly earned Rs 1,156 crore from selling 64 slots.

In May, Prasar Bharati announced plans to increase DD Free Dish slots next year. The pubcaster is getting a new transponder to increase the number of slots as the demand remains high.

Broadcasters question Prasar Bharati’s role in the private sector: EXCLUSIVE

The newly elected President, Kevin Vaz, remarked, “It is an honour to take on this responsibility at such a transformative time for the media and entertainment sector. India’s appetite for content is unmatched, making it a unique market where all forms of media continue to grow, while Indian content increasingly gains international recognition furthering India’s soft power globally."

During a stakeholders’ consultation meeting, chaired by Ashwini Vaishnaw, Minister for Railways, Information and Broadcasting, Electronics & Information Technology, broadcasters suggested that Prasar Bharati and DD Free Dish restrict itself to DD channels to educate the masses. The cable TV industry has also raised various objections including advertising time on Pay TV channels.

ZEEL receives shareholder nod to raise Rs 2000 crore via issuance of securities

The violation stated reads GST demanded towards excess ITC claimed in GSTR-3B.

On July 11, Zee Entertainment had informed the bourses that its board of directors will meet on July 16 to discuss fundraising options. These options include private placements, Qualified Institutional Placements (QIP), and preferential issues.

Prasar Bharati invites applications for allotment of vacant MPEG-2 slots of DD Free Dish

The starting Reserve Price for the Round 1 (Bucket A+) is Rs 14,61,31,000, Round 2 (Bucket C) is Rs 13,03, 14,000; Round 3 (Bucket A) is Rs 12,58,44,000; Round 4 (Bucket D) is Rs 12,44,69,000; Round 5 (Bucket B) is Rs 12,37,81,000 and Round 6 (Bucket R1) is Rs 9,14,61,000.

The applications are for the period from July 24, 2024 to March 31, 2025 and will be invited through 79th e-auction process on July 16th.

Category: Television