Broadcasting articles

Flipkart eyes stake in Star’s Hotstar

Walmart Inc’s Flipkart unit is in talks to buy a stake in Star India’s video streaming service Hotstar, the Mint daily reported on Monday, stepping up the e-commerce firm’s battle with Inc by expanding into video content. Flipkart’s reported talks with Hotstar come at a time when there is high demand in the country

Sony files insolvency petition against MSO Ortel over unpaid dues

Broadcaster Sony Pictures Networks India (SPNI) has filed an insolvency petition against multi system operator (MSO) Ortel Communications for payment default. SPNI had moved National Company Law Tribunal (NCLT) against Ortel in July. The matter has been listed for further hearing on 18 September. The MSO owes Rs 12 crore to the broadcaster. Ortel had

Andhra Prabha gets MIB nod to launch English news channel

India Ahead News Pvt Ltd (IANPL) has got the ministry of information and broadcasting’s (MIB) approval to launch its South India focussed English news channel India Ahead News. IANPL is owned by Andhra Prabha Publications Ltd, which publishes leading Telugu daily Andhra Prabha. Andhra Prabha Publications had applied for a name change of licence to

Hotstar enters UK market, introduces subscription plan for US

Star India’s video on demand (VoD) platform Hotstar has expanded its international presence with the entry in the UK market. The service is currently available in US and Canada. The OTT platform is offering monthly and annual subscription plans to users in the UK. The monthly plan is available for £11.99 while the annual plan

Sony issues disconnection notice against Tata Sky

Sony Pictures Networks India (SPNI) has issued disconnection notice to direct to home (DTH) operator Tata Sky for non-renewal of agreement. In its caution notice, the broadcaster stated that its channels will be discontinued from the platform three weeks from the issue of notice. SPNI has said that both Sony and TV Today Network channels

IMCL FY18 net loss narrows 35% to Rs 219.8 cr

Cable TV and headend in the sky (HITS) service provider IndusInd Media and Communications Ltd (IMCL) has narrowed its consolidated net loss by 35% to Rs 219.8 crore for the fiscal ended 31 March compared to Rs 339.3 crore in FY17. The company’s revenue jumped 23% to Rs 591.3 crore compared to Rs 482.6 crore.