Category: News Broadcasting

  • Sifymall powers ABP’s www.thetelegraphstore.com

    New Delhi, June 8th, 2006: www.sifymall.com, the online store on www.sify.com, the popular consumer portal from Sify Limited (Nasdaq National Markets: SIFY), a leader in Consumer Internet and Enterprise Services in India with global delivery capabilities, announced today its partnership with the Kolkata based Ananda Bazaar Patrika (ABP) Pvt. Ltd. to power its online store-www.thetelegraphstore.com.

    Following this tie-up, the first of the ABP Group’s shopping portals, The Telegraph Store, went live on June 6, 2006. Besides a wide range of products from electronics to clothes, gifts and books on display, The Telegraph Store will also feature exciting bargain offers on select products under the “Offer of the Day” and “Price Surprise” sections.

    Pramath Raj Sinha, CEO, ABP Pvt. Ltd. said, “Our objective is to provide more value to our loyal readers through this store powered by Sify. The Telegraph store will significantly expand its already wide range of product offerings soon to attract new customers to the store in collaboration with Sify. We intend to evolve the store into a world-class eCommerce platform with attractive prices for greater value for money and a wide selection of products, coupled with the sheer convenience of shopping online while at home or office”.

    Commenting on the tie-up, Mr. Surya Mantha, Sr.Vice-President, Interactive Services, Sify, said, “The relationship with Sify will help Telegraph offer its customers a wider range of products at very attractive prices. In addition, Sify has developed a variety of tools, features and services for The Telegraph Store that will enable the Telegraph consumer to buy on the site quickly, safely and conveniently, so that they will come back to the site again and again. The site is Verisign-secured for maximum security of online transactions. We are excited about this mutually beneficial alliance with the highly respected ABP Group and are confident that this will lead to more such winning relationships in future”.

    Over a million book titles, as well as Indian and international magazines will be available for subscription and sale on the Store. On placing an order, The Telegraph Store would provide a tracking number to customers, so they may know the status of delivery at anytime.

    About Sify

    Sify is among the largest Internet, network and e-Commerce services companies in India, offering end-to-end solutions with a comprehensive range of products delivered over a common Internet backbone infrastructure. This Internet backbone reaches 171 cities and towns in India. A significant part of the company’s revenue is derived from Corporate Services, which include corporate connectivity, network and communications solutions, security, network management services and hosting. A host of blue chip customers use Sify’s corporate service offerings. Consumer services include broadband home access, dial up connectivity and the iWay cyber café chain across 153 cities and towns. The company’s network services, data center operations and customer relationship management are accredited ISO 9001:2000.

    For more information about Sify, visit www.sifycorp.com.

    Forward Looking Statements:

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

    For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risks Related to Our Business” in the company’s report on Form 6-K for the quarter ended December 31, 2005 which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov.

  • Pyramid Saimira to raise Rs 844 million via IPO, sets price band at Rs 88-100

    Pyramid Saimira to raise Rs 844 million via IPO, sets price band at Rs 88-100

    MUMBAI: Chennai-based cinema chain Pyramid Saimira plans to raise Rs 844.4 million through a public float to part-finance its expansion plans. This includes refurbishing theatres after taking them on long term lease and installing digital systems of delivery.

    The issue, which opens on 11 December and closes on 18 December, will have a price band of Rs 88 to Rs 100 per equity share of Rs 10 each. The initial public offering (IPO) will be entirely through the book building process.The total fund requirement is estimated at Rs 1.11 billion. The funding will be met through pre-issue capital and internal accruals of Rs 267.5 million, in addition to the IPO.

    For refurbishing the theatres, the company plans to invest Rs 368 million while digitalisation process will absorb Rs 241.4 million. The other big investment of Rs 203.4 million will be towards recoverable security deposit with theatres and multiplexes.

    The company plans to tie up with 120 theatres in A locations and 235 threatres in B and C locations by March 2007. The average length of the lease varies from five to 15 years with the option to extend it.

    Pyramid Saimira has tied up with Delta Electronics, Taiwan, for digital projectors, Real Image Media for video servers and Tatanet for the utilisation of their broadband VSAT infrastructure. Arasor Inc, USA, will provide for next generation laser projection technology, Valuable Media for end-to-end digital cinema solution on pay-per-use basis in 1000 Pyramid theatrical locations and Prasad Labs for digital conversion.

    With focus on tier II cities, Pyramid plans to have a pan India presence. “We are currently present in the southern states. But we are soon spreading out to Punjab, Haryana and Rajasthan,” says Pyramid Saimira Theatre managing director PS Saminathan. The company has tied up with Spirit Global Constructions which shall construct 60 propoerties in Punjab while Swatantra Land & Finance shall offer 22 properties at Haryana and 20 properties at Rajasthan.

    “We plan to have over 2000 screens in 1550 locations across India with 58.75 million sq. ft. under operational management by 2010,” says Saminathan. The company currently has 148 screens operational with over 1.8 million sq. ft.

    The company is close to signing a deal with Chinese government to run 7,000 theatres on the mainland. Bennett Coleman and Company Ltd (BCCL), publishers of The Times of India and The Economic Times, has bought a small stake in the company.

    Among the promoters of Pyramid Saimira include noted Tamil film producer V Natarajan and Saminathan who owned a cable TV network in parts of Tamil Nadu.

  • CNBC US re-launches website

    CNBC US re-launches website

    MUMBAI: US business and financial network CNBC has re-launched its site CNBC.com. It is positioned as the world’s most comprehensive and authoritative digital destination for business. CNBC.com offers data, video and reporting of business and financial news to ensure investors get the information they need. CNBC.com features business videos available streaming live, on-demand and thoroughly integrated throughout the site.

    CNBC.com will produce and post videos from its new all-digital studio in Englewood Cliffs, N.J., together with CNBC Asia headquarters in Singapore and CNBC Europe headquarters in London and bureaus in every time zone around the world.

    CNBC president Mark Hoffmann says, “CNBC.com is the perfect online extension of our trusted global business news organization. We have created a truly integrated news gathering operation that leverages the assets and resources of CNBC and maximizes their potential for both TV and web platforms. CNBC.com delivers all the analysis and access viewers expect from CNBC while affording breadth, depth and personalisation features that simply aren’t possible on television. CNBC.com also offers users the chance to stay up-to- date with CNBC even when they cannot watch CNBC on their television.”

    Financial News for Your Needs: CNBC.com is designed to help viewers customise data and analysis for their own particular needs. Personalized tickers on CNBC.com are easy to create in order to track specifically designated companies. Tickers are detachable and can even be anchored on a viewer’s desktop.

    All components of CNBC.com have visible “tags” searchable across all media — video, text, charts, TV programming and user-generated message boards.

  • Letterman extends CBS deal through 2010

    Letterman extends CBS deal through 2010

    MUMBAI: The Late-night television comedian David Letterman has extended his contract with the CBS network in a deal that will keep his Late Show on the network through the fall of 2010.

    Letterman hosted his original show, Late Night on NBC in the time slot immediately following The Tonight Show with Johnny Carson and was long considered a likely successor to Carson.

    CBS Corp chief executive Les Moonves said, “We are truly honored that one of the most revered and talented entertainers of our time will continue to call CBS home.”

    Letterman, who began his network TV career on NBC, will celebrate 25 years in late-night comedy this coming February. Letterman came to CBS in 1993 after 11 years on NBC, asserts an official release.

    CBS shares rose 1.5 per cent to close at $30.20 on 4 December after the announcement, adds the release.

  • ‘Dancing with the Stars,’ triumphs at Family Television Awards in the US

    ‘Dancing with the Stars,’ triumphs at Family Television Awards in the US

    MUMBAI: The Eighth Annual Family Television Awards in the US recognised honorees in nine categories for their contributions to outstanding family entertainment.

    The Family Television Awards positions itself as are the only awards recognising programming for family viewing. The awards are given by the members of the Family Friendly Programming Forum and selected by the members of the Association of National Advertisers. Over 40 advertisers that participate in the Forum are taking positive steps to increase family friendly programming choices on primetime television.

    Their mission is to support and promote the development of family friendly television across all programming genres between the hours of 8 p.m. and 10 p.m., when adults and children are most likely to watch television together.

    The honorees were

    Drama: “Numb3rs” (CBS)
    Comedy: “Everybody Hates Chris” (The CW)
    Reality: “Dancing with the Stars” (ABC)
    Reality/Game Show Host: Howie Mandel “Deal or No Deal” (NBC)

    New Series: “Ugly Betty” (ABC)
    Actor: Tony Shalhoub “Monk” (USA)
    Actress: Jennifer Love Hewitt “Ghost Whisperer” (CBS) TV Movie/Drama: “The Ron Clark Story” (TNT) TV Movie/Musical: “High School Musical” (Disney Channel)

    Family Friendly Programming Forum co-chairman Kaki Hinton says, “Our mission is to support and promote the development of ‘family friendly’ television across all programming genres during the primetime hours when children and adults are most likely to watch television together. Working with our network partners, in eight short years we have achieved our goal of ensuring that there is always at least one show that families can watch during primetime every night of the week.”

  • BBC launches special series focussing on GenNext

    BBC launches special series focussing on GenNext

    NEW DELHI: Can school children in India and Pakistan help in the peace process between the two countries? At least, they can try, if the elders care to listen to them in a daring and highly imaginative upcoming series of programmes on BBC World, titled “Generation Next”.

    Class 10 student Waleed from Crescent Modern School, Lahore says: “I feel that by talking to Indian students, on my level, I would be contributing to the ongoing peace process between India and Pakistan.”
    His friend Sarin says: “I am interested in Indian culture and would like to know what students of my age read in India.”

    The two would be taking to pupils at the Kendriya Vidyalaya (KV), RK Puram, New Delhi, on the special programme called “School Day 24”, which will be telecast throughout December 6 as part of the news bulletins. “School Day 24” will be shown on 6 December.

    Meenaxi, a Class 10 student at KV, would be talking to people like Sarin and Waleed, as would be students staying in London with those studying in Baghdad.

    Generation Next is the BBC’s “boldest international broadcasting season yet with nine days of special programming devoted to the voices, experiences, ideas and aspirations of young people from around the globe,” says a BBC statement. BBC World will be joining BBC World Service and bbcnews.com, to bring together young people from all over the world.

    Calling it “a most intriguing programme”, a spokeswoman from BBC in New Delhi told indiantelevision.com: “It is the biggest ever interactive conversation between young people across the world, which links schools in political ‘hot spots’ with schools located in areas with opposing views on the local tensions, conflicts and divides.”

    However, though the School Day 24 is technically and emotionally the strongest of the programmes in the nine-day BBC under-18s series, there will be others like “My Generation Next”, presented by Anita Rani, in which young people will converse with each other using webcams, mobiles and other communication systems on issues confronting their generation.

    There will also be special programmes on “World Business Report”, which will feature five young tycoons of the world, and also carry specially commissioned films, with one rare and enraged discussion on rampant use of children in advertising.

    Another major draw will be the “The Street and The Ball”, which will present six projects that are part of the ‘streetfootballworld’ network – an international organisation that uses street football to improve the lives of young people living in extreme social conditions.

    One series among the entire endeavour, “The Hobart Shakespeareans”, has already been telecast on December 2. It had fifth-graders at Hobart Elementary School Latino and Asian children growing up in an underprivileged area of Los Angeles. It’s a tough start, especially as English is their second language, but they are lucky enough to be taught by Rafe Esquith, whose motto in life is “be nice and work hard”. His drama lessons also produce astonishing results, a statement from BBC said.

    Of these, the most endearing would obviously be the “School Day 24”. BBC says “School Day 24” will give a voice to young people allowing them to talk >across social, political and cultural divides about the issues that concern them.

    There are link-ups in Albania, Bangladesh, Burma, China, Germany, India, Indonesia, Kenya, Mexico, Nigeria, Pakistan, Poland, the US and more.

    “Interestingly, the programme will see students from Pakistan talk to those in India; those from Baghdad share concerns with those in London,” the BBC spokeswoman told indiantelevision.com here.

    Using the global resources of the BBC, satellite broadcasting equipment has been installed in schools to enable teenagers to make their voices heard throughout the day both in their regions and worldwide.

    Youngsters will use webcams, mobile phones and through specially commissioned films talk about what’s really on their minds in two half-hour specials in My Generation Next. Also across the week, “five exceptional teenagers will demonstrate what they are doing to make a difference in their world”, the BBC statement added.

    Among the other programmes will be one titled “Nicola Benedetti – A Winning Story”, the girl who won the BBC’s prestigious Young Musician competition at the age of 16; and “Sierra Leone: The Way I See It”, with Kyle Jones, 15, a visually impaired student who lives in England and sets about to meet his pen pal in Sierra Leon to find out how disabled people are treated in this part of the world.

    The season runs from Saturday 2 to Sunday 10 December 2006 across BBC World television and BBC World Service radio.

  • K Sera Sera signs to buy 80 per cent in Lemon Entertainment

    K Sera Sera signs to buy 80 per cent in Lemon Entertainment

    MUMBAI: K Sera Sera Productions Ltd has is acquiring 80 per cent stake in Lemon Entertainment (formerly known as Hamara Samay TV News Network). K Sera Sera announced today that it had entered into a shareholder’s agreement with the promoters of Lemon Entertainment for this purpose.

    With this, Lemon Entertainment would become a subsidiary of K Sera Sera. The acquisition, however, is subject to regulatory approvals.

    “Indiantelevision.com was the first to report about the buyout and K Sera Sera’s plans to launch a music channel following this acquisition.

    Lemon Entertainment has launched the music channel, Lemon TV. The operations are being handled by Eternal Dreams, a company floated by Sapna Chaturvedi, as a turnkey project. Suguna Narayan has joined as CEO and Pradeep Chak as head of marketing, strategy and sales. Narayan comes from Time Out Mumbai where she was the CEO while Chak was vice-president of client servicing and new business development at Euro RSCG in Mumabi.

  • ‘Travelguru’ receives a $15 million capital commitment

    ‘Travelguru’ receives a $15 million capital commitment

    MUMBAI:Travelguru, India’s online travel portal, has announced that it has received a fresh infusion of capital commitment to the tune of $15 million from Battery Ventures and Sequoia Capital India.

    The second round of funding will help in building retail initiatives to support online growth. In the past one year, Travelguru has gained access to more than 72,000 hotels worldwide and alliances with 500 airlines globally, asserts an official release.

    Travelguru claims that the number of customers who it for their air, hotel stay and vacation needs is currently pegged at 70,000 customers a month. With a slew of promotional and strategic initiatives planned in the months ahead, the user base of Travelguru is set to grow by over 30 per cent month on month.

    Commenting on the investment, Travelguru CEO and founder Ashwin Damera said, “Our focus on delivering superior consumer experience through cutting edge technology, breadth of product offerings and best value travel deals has yielded great results to all our stakeholders. The second round of funding from Battery Ventures and Sequoia Capital reaffirms the growing confidence in Travelguru’s team and leadership position in the Indian travel and tourism industry.”

    Battery Ventures general partner Mark Sherman added, “We are very happy to announce our first major investment in the consumer internet space in India with Travelguru. In a short span of time, Ashwin and his team have established a distinct identity for Travelguru in the online travel space in India.”

    “We expect them to lead the market with solid industry relationships, continued product innovations, and high quality customer experiences,” he further said.

    Sequoia Capital India managing director KP Balaraj said, “We are delighted that US based Battery Ventures has chosen to join in on the second round of funding for Travelguru. The growing consumer base and the leadership status of being the largest hotel consolidator in the Indian online travel market highlights the unique position of Travelguru.

  • CNN wins best channel at ATF ’06; NDTV takes best news award

    CNN wins best channel at ATF ’06; NDTV takes best news award

    MUMBAI: In the recent 11th Asian Television Awards held in Singapore, CNN and NDTV 24X7 have scooped various awards for India.

    CNN in the Asia Pacific region won Cable and Satellite Channel of the Year, CNN Today was selected as the Best news program, Kristie Lu Stout won the Best news presenter or anchor award, while Stan Grant won for Best current affairs presenter and also for Rising from the Ruins in the Best news/current affairs special category, asserts an official release.

    Commenting on the win CNN International’s senior vice president Rena Golden said, “To take home the prestigious Cable and Satellite Channel of the Year award on top of four other honours is simply a brilliant achievement and testament to our world class on-air and behind-the-scenes teams across the Asia Pacific region.”

    CNN International managing director Chris Cramer added, “This success is particularly sweet when you consider the proliferation of competition and the fact that these awards are voted for by our peers. Twenty one years after we launched, we continue to lead by example.”

    NDTV 24X7 won The Best News Programme for Waves of Destruction, a runner-up for Best Single News Story/Report for Bihar Floods – Forces of Nature, a runner-up for Best Live Event Coverage for Blast in Srinagar Transport Office and a runner-up for Best News/Current Affairs Special for Inside Pakistan Occupied Kashmir.

    Barkha Dutt was a runner-up for The Nation Tonight and Nidhi Razdan for The X-Factor in the Best News Presenter or Anchor category.

    Bennett, Coleman and Co. Ltd’s Zoom TV India won the Best Entertainment Programme award for Dangerous.

  • SDC unveils innovative mobile media product strategy for 2007

    SDC unveils innovative mobile media product strategy for 2007

    MUMBAI: SDC (Secure Digital Container), the leading, fully label-approved provider of technology for Digital Rights Management (DRM), today announces its vision and new product strategy for the mobile music market in 2007.

    SDC’s next-generation mobile DRM technology is supported on over 100 mobile devices and is able to simplify the user experience and reduce cost and complexity for carriers by using one unique application and one DRM system for all music and video related services.

    New SDC products scheduled for launch in early 2007 include updated Mobile Players and its new PC Player Version 2.0 for various carriers around the world.

    With music-enabled handsets currently outshipping iPods at a ratio of two-to-one*, SDC predicts that pay-per-download, over-the-air, full-track music and video mobile services will soon be deployed throughout all major markets worldwide, while subscription-based “all you can eat” services will grow in popularity with both carriers and consumers. The integration of existing WAP services into player applications will continue to create an easy browsing and purchasing experience for consumers.

    A vital element of such services will be a mobile media solution that can consolidate a number of functions – music and video player, web browser, download manager, search and recommendation functionalities, radio player and device content management – into a single, carrier-branded application, while also offering the ability to seamlessly sideload content to PCs and other devices.

    This solution is able to simplify usage of different types of rich-media content such as music and video for consumers by integrating all services into a single user interface. It is also able to reduce cost and complexity for carriers by using one unique application and one DRM system for all music and video related services, and is a vital tool in helping carriers achieve significant uplift in ARPU from next generation data services.

    SDC has already rolled-out an integrated service with Telus Mobility in Canada by integrating Shazam Entertainment’s music recognition application into SDC’s Java Music Player. SDC developed players combining both pay-per-download and subscription services for Telus and French operator SFR in 2006.

    SDC’s new PC Player Version 2.0, due for launch in the first quarter of next year, will offer carriers a highly-customisable, white label player and single DRM technology for both PCs and mobile devices that will be compatible with all common mobile operating systems (Brew, Java, Symbian and Windows) and codec formats (AAC/AAC+, MP3, MPEG4 and WMA).

    “2007 is set to be a high-growth year for the mobile music industry, as more and more consumers choose to download music to their phones, rather than traditional media players,” says Michael Bornhäusser, CEO, SDC. “In order to maintain ease-of-use for consumers it is vital that carriers use a single application and user interface for all entertainment services and content. Only SDC is truly able to deliver this today.“

    SDC’s unique mobile DRM solution, which enables secure video, full length music and other rich media content distribution across wireless devices and PCs, has been adopted and deployed by an unprecedented 16 major carriers worldwide to date.

    Current customers include T-Mobile (Germany, UK and Czech Republic), O2 (UK & Ireland), 3 (UK), SFR (France), Amena (Spain), TELUS (Canada), Telstra (Australia) and Hutch (India).

    SDC also has partnerships with all of the world’s major handset manufacturers, including Nokia, Motorola, HTC, Sony Ericsson and Samsung.