Star petitions Planning Commission for easing of 20% FDI cap?
The momentum certainly seems to be building. For direct to home (DTH) telecast in India that is.
The momentum certainly seems to be building. For direct to home (DTH) telecast in India that is. The latest news emanating from the capital indicates that Star India has made a presentation before the Planning Commission seeking an easing on the key stumbling block to DTH take-off in India - the 20 per cent foreign direct investment equity cap in Indian DTH ventures.
The broadcasting industry has long been demanding that the FDI bar be raised to at least 49 per cent.
The as yet unconfirmed news follows close on the heels of reports that the government is weighing a proposal to remove the entry fee and bank guarantee totaling Rs 500 million as well as scaling down the 10 per cent revenue share agreement in its Ku band DTH policy. Presently, companies seeking a DTH licence have to pay an entry fee of Rs 100 million and provide a bank guarantee of Rs 400 million for a 10-year licence period.
Taj Entertainment Network (Ten) Sports is not letting any grass grow under its feet in its bid to make a mark on the sports broadcast arena. The new kid on the sports block gave notice to rivals ESPN Star Sports (and Sony Entertainment Television) when it announced today it had secured all cable, satellite and terrestrial rights for the 2002 Fifa World Cup to be hosted by Korea/Japan in June.
Abdulrahman Bukhatir‘s Taj Television Ltd won the rights after placing a higher bid than both ESPN Star Sports and Sony Entertainment.
A total of 64 matches is what will be showcased in what is without doubt the biggest sporting spectacle in the world, ahead of even the Olympic Games in sheer size of audience terms. The World Cup kicks off on 31 May and is a month-long soccer extravaganza. This is the first time that the event will take place in Asia, a real boost as far as viewership is concerned. The 1998 World Cup in France garnered pathetic viewership essentially because the live telecast, prime time in Europe, was at unearthly hours of the morning in India.
Another major advantage that Ten Sports will have as far as getting a return on its investment is concerned is that it has got the terrestrial telecast rights as well. This in effect means that there will be no split in the ad revenues between it and national broadcaster Doordarshan.
This is also significant as far as pushing distribution numbers is concerned because Ten will have a much stronger bargaining position vis-a-vis cable operators for its subscription rate of Rs 12 which it expects to have fully rolled out by the World Cup‘s kick-off date.
This is not to say that it can totally deny DD the rights to telecast matches due to clauses that Fifa has built into all deals regarding broadcast by the national terrestrial broadcaster. So it may well be that from the last eight onwards (including the semi-finals and the finals) the matches will be available on DD.
According to an official release, Taj Television has signed an agreement with KirchMedia WM GmbH, the worldwide rights holder for the 2002 and 2006 FIFA World Cups, for the exclusive live telecast of the World Cup. KirchMedia WM GmbH is a subsidiary of KirchSport AG, the Swiss-based sports marketing company responsible for overseeing the marketing, sales and production responsibilities for the 2002 and 2006 World Cup.
Taj Television CEO Chris McDonald says: "It is indeed an honour for the channel to have acquired the world‘s greatest sporting event. As promised, we are providing the best of world sport on the channel and we assure soccer fans that Ten Sports will capture every bit of the excitement and euphoria that is synonymous with World Cup Soccer."
Says Oliver Seibert, Head of Television Sales for KirchSport AG: "This is a landmark deal. We are extremely happy that Ten Sports will be telecasting the 2002 Fifa World Cup live to this significant part of Asia. We are certain that Ten Sports, who have recently started operations, will do great justice to the world‘s largest sporting event."
The World Cup will have 32 teams participating, including debutantes Senegal and Tunisia. The teams are divided into eight groups of four teams each. The preliminary stage of the World Cup is the Group league phase wherein the top two teams move into the next round-the round of 16. Following the round of 16 is the quarterfinals (round of 8) followed by the semi-finals and the finals.
Along with the World Cup, the Ten Sports programme line up also features cricket triangulars from Morocco, Classic India-Pakistan Cricket, The Sharjah Cup and The Sharjah Champions Trophy as well as all international cricket from Sri Lanka. Ten is also in efforts to secure the television rights contract of the Pakistan Cricket Board (PCB).
Ten Sports also has WWF (World Wrestling Federation), The English FA Cup, Manchester United Football, the WTA (professional women‘s tennis), ATP Dubai Tennis Open, The Ryder Cup, The British Open, Champions Trophy Hockey and Champions Challenge Hockey.
Another property that Ten is hoping to cash in on in a big way is the WWF series. The cartoon element that is a part and parcel of the whole thing has made superstars out of the lead players. But at least as far as the US is concerned the craze is clearly waning. The Ten Sports team must be hoping that is not the case in India.
Meanwhile, Taj Sports is just setting up its distribution arm in Pakistan and will be available there through a private cable operator company. In India, it is Modi Group company HMA Udyog that is handling distribution.
And that‘s where, more than anything else, Ten clearly hopes to score with the World Cup. On distribution.
Indiantelevision.com is adding another feather to its cap. The Mumbai based television information and services company will hold the first ever Sahyadri Navratna Puraskar 2002 on 27 April in Mumbai at Hotel Juhu Centaur. Announcing this at a press conference at the CCI, indiantelevision.com CEO Anil Wanvari said that the first of their kind awards have been instituted to recognise nine outstanding Marathi (he called them Marathi Manus) achievers from different walks of life such as film, music, theatre, television, sports, social work, business and media. Godrej Consumer Products Ltd has opted for the main title sponsorship of the Sahyadri Navratna Awards for its soap brand Godrej No 1. Tata Agni Leaf from the Tata Tetley stable and Bajaj Shevashram had chosen to be the associate sponsors for the awards show which is to be telecast on TV, at the time of writing. State-owned pubcaster DD Sahyadri is supporting the awards. The Godrej No 1 Sahyadri Navratna Puraskar show will be aired on 1 May 2002 from 3 pm to 6 pm on DD Sahyadri. Mumbai Doordarshan Kendra director Mukesh Sharma, who was present on the occasion, said that the channel has decided to support the awards as they are a reflection of the aspirations of Maharashtrians. GCPL marketing manager P.P. Buch said his company had opted to back the awards because Godrej No 1 was partnering the No 1 Marathi television channel in its efforts to reward Maharastrians all over. A jury panel of industry professionals and experts have helped in short-listing the nominations for the various categories. The jury includes former India cricket captain Ajit Wadekar, filmmaker Amol Palekar, music and art critic Dr Ashok Ranade, Maharashtra Times editor Bharat Kumar Raut, Maharashtra Government cultural secretary Govind Swaroop, theatre personality Kamlakar Sontakke, Sabe TV vice-chairman Markand Adhikari, IMPPA president and Mukti Foundation president Smita Thackeray, filmmaker Jabbar Patel and film and TV personality Sachin Pilgaonkar. The Godrej No 1 Sahyadri Navratna Puraskar 2002 seek to recognise excellence in the Marathi community from the following six among the nine spheres of activity. Swar Ratna - For excellence in singing. |
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