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The Telecom Regulatory Authority of India (Trai) has decided to form a committee with representation from leading pay TV industry associations to ensure the smooth implementation of the New Regulatory Framework 2020 and identify impediments with counter-measures for the overall growth of the broadcast sector.
Nxtdigital has announced that the company’s rights issue of equity shares of two shares for every five shares held in the company (aggregating a total of 96,20,463 shares) which closed on 29 November was subscribed 1.94 times.
Hinduja Group's Headend-in-the-Sky (HITS) platform NxtDigital and Siti Networks, an Essel Group Company and one of India's largest Multi-System Operators (MSO) with a connected customer base of over 8.5 million, have announced a first-ever Infrastructure sharing agreement in the MSO space in the country. The move, the first of its kind, will have two conventional competitors share Infrastructure, heralding a new era of collaboration in the digital platforms space. This move is in line with SITI's strategy of enhancing its operational efficiencies and providing high up-time and quality servic...
Tenure of SN Sharma as president ended on 31 March. 06 Apr, 2021 - 01:40 PM IST | By indiantelevision.com Team KOLKATA: All India Digital Cable Federation (AIDCF) has appointed GTPL Hathway MD Anirudhsinh Jadeja as the new president of the apex body of digital cable television players. The change has been made as the tenure of DEN Networks CEO SN Sharma as AIDCF president ended on 31 March 2021. Jadeja is a veteran in the cable industry and founded GTPL Hathway in 2006. His strategic vision and hands-on leadership shaped the cable business over decades. While giving hi...
India Ratings and Research on Thursday gave a stable outlook to print media, broadcasters and multi-system operators for FY22, driven largely by expectations of demand recovery as the economic conditions improve. The agency, a division of Fitch Ratings, maintained a negative outlook for the multiplex sector, given the delayed recovery curve and continued low attendances hampering cinema operators. It anticipates a weak demand recovery for movie exhibitors, which have been impacted because of the pandemic. Advertising revenues are growing for the broadcasters and print media since the second...