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  • Ten Sports signs on Sumangali Cable in Chennai, but most of Mumbai will miss out on World Cup soccer action

    Submitted by ITV Production on May 30, 2002

    World Cup soccer telecaster Ten Sports announced late tonight (30 May) that its parent Taj Television and distribution partner HMA Udyog had struck a deal with the Sun Network-promoted and Tamil Nadu major Sumangali Cable Vision (SCV) under which the channel would get distribution on the latter‘s cable TV network.
    Yesterday, Taj Television CEO Chris McDonald had announced deals with RPG Netcom in Kolkata, Asianet in Kerala and Hathway in Bangalore and Chennai, taking Ten Sports penetration up to 18 million homes. Today‘s SCV tieup, means that the channel‘s penetration is likely to be closer to the 19-20 million homes range with other smaller deals with CATV networks all over India also being struck, a company spokesperson added.

    McDonald also announced that the sportscaster had not been successful in forging agreements with the large MSOs in Mumbai - InCable and Hathway. "Most of Mumbai will sadly be deprived of the World Cup Soccer telecast," said McDonald.

    Among the CATV networks in Mumbai which will relaying Ten Sports at the first kickoff of the FIFA tourney tomorrow figure Seven Star and Bhawani Hathway.

    "We are asking for an effective rate of Re 1 per sub from the MSOs," disclosed McDonald.

    Apparently, that‘s a tab that has proven too stiff for the MSOs to bear. Watch this space for developments.

  • Ten Sports signs on Sumangali Cable in Chennai, but most of Mumbai will miss out on World Cup soccer action

    World Cup soccer telecaster Ten Sports announced late tonight (30 May) that its parent Taj Television and distributio

  • Zee gets shareholder nod for hike in FII stake limit

    Submitted by ITV Production on May 30, 2002

    The Subhash Chandra-promoted Zee Telefilms Ltd today got the formal nod from shareholders to raise the FII limit in India‘s leading media company to 49 per cent at an extra-ordinary general meeting (EGM) held in Mumbai today.
    In a communique to the BSE, Zee Telefilms said the approval from shareholders was "unanimous." Currently, the FII limit stands at 30 per cent of the issued and paid up capital of the company.

     

  • Zee gets shareholder nod for hike in FII stake limit

    The Subhash Chandra-promoted Zee Telefilms Ltd today got the formal nod from shareholders to raise the FII limit in I

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