Category: News Broadcasting

  • Senior netizens well adapted to Internet: IAMAI study

    Senior netizens well adapted to Internet: IAMAI study

    BANGALORE: As more successful senior citizens in India enjoy living life to the fullest, they have also adopted and adapted to the Internet space. A new report from the Internet & Mobile Association of India (IAMAI) takes a comprehensive look at what senior netizens do online, irrespective of whether retired, salaried or entrepreneurs.

    Senior netizens above the age group of 61 years were targeted for this research. It was observed that the senior citizens were a fast growing group of online users. With India’s Internet population poised to reach 100 million by 2007-08 from the current 38.5 million, the absolute numbers of senior netizens are expected to rise to 3 million by 2007-08. The percentage penetration is expected to remain the same or increase marginally from the current 2.7 per cent to 3 per cent.

    This dipstick research was conducted by the IAMAI in collaboration with Crosstab Marketing Services that surveyed 101 respondents in December 2005. The research was undertaken with a view to understand usage of Internet by senior netizens with a primary focus on understanding their activities online giving marketers a better perspective while designing their marketing and promotional programs to cater to a defined online target audience.

    Commenting on this interesting finding, IAMAI president Preeti Desai said, “It is encouraging to see senior netizens as enthusiastic as youngsters in a variety of activities that define online life and show an online maturity in transacting online that surpasses the general population. Senior netizens will cross the three million mark by 2007-08. The report showcases that 15 per cent of senior netizens access the Internet from cyber cafes with 81 per cent using the Internet for more than five hours a week.

    The findings of report highlight that 62 per cent use the Internet for looking up news online and 2 per cent read news on their mobile, a changing paradigm since it is this demographic that is the backbone of the newspaper and magazine readership. When it comes to matters of confidence of transacting on the Internet, senior netizens are well ahead of the general population with 26 per cent of senior netizens having looked up stock quotes and do stock trading as compared to 15 per cent of all Internet users with 38 per cent using the internet for online banking services and 21 per cent for online shopping.”

    Executive Summary

    Gender of senior netizens: 87 per cent of senior netizens are male and 13 per cent of senior netizens are female. With India’s Internet population poised to reach 100 million by 2007-08, the online senior netizen currently at 2.7 per cent is expected to rise marginally to 3 per cent by 2007-08.

    Marital status of senior netizens: 91 per cent of senior netizens are married with kids and 8 per cent are married without kids.

    Regional Representation:

    The top nine cities make up for more than 77 per cent of senior netizens audience. The top five cities include – 23 per cent of senior netizens access the Internet from Delhi+, 22 per cent from Mumbai, 12 per cent from Chennai, four per cent from Hyderabad and Kolkatta. three per cent from Bangalore, Lucknow and Cochin; two per cent from Ahmedabad and Jaipur.

    The top five states include 24 per cent of senior netizens access the Internet from Delhi, 23 per cent access from Maharashtra, 17 per cent are from Tamil Nadu, 10 per cent from Karnataka; and six per cent from Andhra Pradesh. Four per cent from Kerala; four per cent from West Bengal; three per cent from Uttar Pradesh; two per cent from Gujarat and Rajasthan.

    Educational qualifications of senior netizens

    Four per cent of senior netizens have an education up to SSC/HSC, 10 per cent have some college (Including. Diploma) but not a graduate, 37 per cent have a graduate / post-graduate general (BA, BSC. MSC, B.com etc.) and 35 per cent have a graduate /post graduate professional degree.

    Occupation of senior netizens

    Two per cent of senior netizens are mid level executives and nine per cent of senior netizens are senior executives while 16 per cent are self employed/professional, four per cent of senior netizens are businessman / industrialists, four per cent are housewives and 54 per cent of senior netizens are retired.

    Plastic ownership and usage

    80 per cent of senior netizens online own an ATM Card; 65 per cent own a credit card and debit card. 31 per cent of senior netizens use their credit cards online; 16 per cent of senior netizens use their debit cards online; nine per cent of senior netizens use both credit & debit cards online.

    Internet Access by Senior Netizens

    94 per cent of senior netizens access the Internet from home; 20 per cent of senior netizens access Internet from the office; 14 per cent of senior netizens access the Internet from cyber cafes.

    Internet Savvyness of Senior Netizens

    45 per cent of senior netizens have been using the Internet for more than six years; 44 per cent of senior netizens have been using the Internet for three to five years; seven per cent have been using the Internet since one – two years; one per cent of senior netizens have been using the Internet for six – eleven months; two per cent of senior netizens have been using the Internet for less than six months.

    Senior Netizens use the Internet for varied purposes – Online Activities:

    The top Internet activities among seniors who go online: 99 per cent of wired seniors have used email; 70 per cent surf for information online; 66 per cent use search engines; 62 per cent have read the news online; 47 per cent chat online; 38 per cent bank online; and 26 per cent have stock traded online.

    Email: 99 per cent of senior netizens use the Internet for emailing.

    Chatting: 47 per cent of senior netizens use the Internet for chatting.

    Surfing: 70 per cent of senior netizens use the Internet for surfing.

    Search: 66 per cent of senior netizens use search engines.

    Research: 23 per cent of senior netizens use the Internet to research.

    Senior Netizens didn’t grow up with the personal computer and are fervent readers of the printed word. They are the backbone of newspaper and magazine readership. It’s a remarkable achievement for both the interactive mediums to attract this demographic as stated by below mentioned statistics.

    News Online: 62 per cent of senior netizens look up news online.

    News on Mobile: 2 per cent of senior netizens read news on their mobile.

    Matrimonial Purposes: 17 per cent of senior netizens use the Internet for ‘Matrimonial Search”.

    Jobs: 20 per cent of senior netizens use the Internet to search for jobs.

    Astrology: 22 per cent of senior netizens use the Internet for astrological predictions

    Religious & Spiritual Information: 19 per cent use the Internet for spiritual information.

    Financial Transactions Online:

    Online Auctions: 12 per cent of senior netizens use the Internet to participate in online auctions

    Online Stock Trading: When it comes to finances, wired seniors are much ahead of the general Internet population’s enthusiasm for trades online. 26 per cent of seniors have looked up stock quotes and do stock trading as compared to 15 per cent of all Internet users.

    Online Bill Payments: 21 per cent of senior netizens use the Internet for online bill payments

    Online Banking: While seniors appear comfortable managing online portfolios, they are more comfortable dealing with their bank accounts in cyberspace as 38 per cent use online banking services.

    Online Shopping: 21 per cent of senior netizens use the Internet for online shopping

    Donating or Charity Online: 5 per cent of senior netizens donate online.

  • Zee Sports to air AFC Cup matches

    Zee Sports to air AFC Cup matches

    MUMBAI: Zee Sports will air four matches of AFC Cup Club Championship from 2-16 May from Nehru Stadium Fatorda. The matches will feature Indian Clubs Mahindra United and Dempo Sports Club, Al Ahed of Libya, Al Nasr of Oman, Merv of Turkmenistan and Brother’s Union of Bangladesh.

    In the first match on today 2 May 2006, ONGC Cup National Football League title contenders Mahindra United will clash with Al Ahed of Libya. Placed third in group ‘A’, Mahindra United would look to use the home advantage to snatch crucial three points against Al Ahed in the crucial AFC Cup tie.

    For the uninitiated the AFC Cup is an annual competition open to clubs from the AFC’s countries as categorised in Vision Asia. The AFC Cup looks to fulfill the Vision Asia goal of a creating a top-class competition for well-managed clubs, played by professional players.

    The first edition took place in 2004. The AFC Cup has resided in the West for two years now with Al Jaish of Syria winning the inaugural edition and Al Faisaly of Jordan lifting it last year.

    Mahindra’s are placed third in group ”A” with three points from four matches, while Al Ahed of Lebanon are placed second with seven points from four games and also kept their hopes alive for the quarter final of the AFC Cup. In the last encounter between two teams, Al Ahed of Lebanon held Mahindra 2-2.Mahindra will clash with Brother’s Union Bangladesh in their second encounter on May 16.

    Dempo Sports Club team will also play two home matches against Al Nasar (Oman) and 16 May against Merv (Turkministan). Both matches would be played at Nehru Stadium Faorda in Margao, Goa.

  • Adhikari Brothers post net profit of Rs 65.7 million

    Adhikari Brothers post net profit of Rs 65.7 million

    MUMBAI: Sri Adhikari Brothers Television Networks Ltd has posted a marginally lower total income for the fourth quarter of fiscal 2005-06 at Rs 128.3 million compared to corresponding fourth quarter total income of Rs 138 million.

    For fiscal year 2005-06 ending 31 March, the company reported a total income of Rs 414.8 million, gross profit of Rs 77.3 million and net profit of Rs 65.7 million, according to an official release.

    The gross profit was higher by 284.47 per cent at Rs 31 million for the fourth quarter compared to previous year’s last quarter gross profit figure of Rs 10.9 million.

    At the net profit levels, the company has posted a positive figure of Rs 20.3 million compared to previous year’s fourth quarter net loss of Rs 21.7 million. This translates into a basic earnings per share of Rs 0.44 on its equity shares with a face value of Rs 2 per share.

    The earning per share (EPS) for fiscal 2006 translates to Rs 1.42 per share (face value: Rs 2).

  • Sahara, DD ad sales revenues for England series gross Rs 2 billion

    Sahara, DD ad sales revenues for England series gross Rs 2 billion

    MUMBAI: The first chapter of Nimbus’ boss Harish Thawani’s audacious gamble with the India cricket story is over with a battered English side glad to be back in the cooler climes of Old Blighty and the Indians getting some well deserved rest before they head out to the Caribbean.

    For Thawani however, the rollercoaster he’s been on since his Nimbus Communications swung the telecast rights to India cricket for the next four years with a bank-breaking $ 612.18 million composite bid has barely begun. The India-England tour — the first of ten international series (and four domestic cricket seasons) that constitutes the deal — is over and the calculators are out tallying the revenue numbers.

    Indiantelevision.com’s discussions on the matter with media buyers indicate that the series, which involved three Tests and six ODIs (one was washed out), has generated about Rs 2003 million in ad sales from national broadcaster Doordarshan and Sahara One. Going by these calculations, DD accounted for Rs 987 million while Sahara One mopped up Rs 1016 million.

    But what is of critical importance to Nimbus is really how much it is able to net from this series. Indiantelevision.com estimates show the ad sales revenue picture for this series looking something like this: Nimbus’ Net income from DD is Rs 630 million (deducting 25% share to DD and 15% agency commission) and for Sahara it is Rs 864 million. That makes a total of just under Rs 1500 million ($ 35 million).

    Considering that Nimbus’ bid for the India territory rights was a whopping $ 504.09 million, there’s a huge mountain still that Thawani’s privately held Mumbai sports management company has left to climb to clear the profit threshold.

    THAWANI’S GAMEPLAN

    Having said that, and going by a recent report in Forbes, Thawani is already in the clear on the international territory rights (Nimbus’ bid here broke down as $ 108.09 million). The report says that Nimbus has sold BCCI’s telecast rights internationally for $130 million. The jury’s still out on that one though, with some industry observers calculating that Nimbus could not have made more than $ 89 million from the sale of international rights.

    As for the India part, everything points to Nimbus launching its own sports channel before the end of the year and for this the market expectation is that Thawani will soon be announcing another round of funding for this purpose.

    Thawani claims that investors are currently valuing Nimbus at $400 million to $500 million, which would mean that Nimbus has tripled in valuation terms in less than a year. It was last August that UK-based private equity and venture fund 3i acquired around 33 per cent stake in Nimbus for $45.50 million (approx Rs 1.97 billion).

    In conclusion, what is the downside in this gamble (for Thawani and any investor who wants to buy into his vision) and what could be the upside. That is really what will have guided Thawani in making what still remains a hugely difficult play to pull off. As the head of a broadcast concern told Indiantelevision.com, the current thinking is that there is just no way anyone can make more than $ 550 million from this deal. So at the outset itself, Nimbus is looking at a $ 62 million hit on its investment, or $ 15.5 million per year spread over four years.

    But there is the upside as well, which is that with all the new broadcast delivery platforms that are opening (DTH, IPTV, mobile TV) and if all the constellations of a booming economy, a brilliantly performing team and the kind of possibilities that a young on-the-go populace provide are in consonance, then $ 800 million might well be within reach.

    Before jumping to conclusions either way, it might be worth remembering a certain Kunal Dasgupta and his now well documented masterstroke of a gamble on the ICC cricket rights in 2002 for a then unheard of $ 208 million. There is no one who today does not see the SET India CEO’s bid as a really inspired play.

    A potential loss of $ 62 million versus a best case gain of $ 200 million. Which way the dice falls by the time 2010 comes around will determine whether Thawani is ultimately acknowledged as a visionary or someone whose go for broke gamble went bust. Unsurprisingly, there are many a respected industry stalwart who believe that if anyone can pull this off, it is the fashionably bald head honcho of Nimbus.

  • The Kitchen scouts for Indian distribution companies

    The Kitchen scouts for Indian distribution companies

    MUMBAI: The language services division of the Emmy Award Winning TM Systems, The Kitchen, is on the lookout for Indian distribution companies.

    The Kitchen is the developer of the industry’s only “end to end” language translation, dubbing and subtitling technology.

    “We are now working with a great many Hispanic producers of telenovelas, the multi episodic, larger than life, family oriented, dramatic, daily television shows that are now in demand in nearly every country in the world. It is very clear that there are many similiarities between the East Indian and Hispanic viewing audiences and their mutual need for more long form television programming of this kind. We have spoken to many of our current Hispanic content telenovela production clients and the wish to “sell” to the Indian marketplace is great. We’ve spoken to a number of Indian networks and the desire to obtain the Hispanic telenovela programming is immense,” said The Kitchen president and CEO Ken Lorber.

    “Thus, through our international language services, we are able to easily make the introductions, enhance the package, and provide all translation and dubbing for the projects,” he added.

    At the upcoming LA Screenings to be held between 18 to 26 May in Los Angeles, The Kitchen expects to close a number of deals between the Hispanic and Indian production firms.

  • Countdown begins for Dubai IIFA Weekend

    Countdown begins for Dubai IIFA Weekend

    MUMBAI: Tiara Residence, the AED 2.1 billion island lifestyle community developed by Zabeel Investments, will present the IIFA Weekend in Dubai from 14 June to 17 June, 2006, said the International Indian Film Academy (IIFA). The IIFA Weekend will feature a film festival, awards ceremony, charity fashion show and a bilateral business forum.

    A media briefing, organised to explain the schedule, was addressed by his highness Sheikh Ahmed Bin Saeed Al Maktoum, president of the Dubai Department of Civil Aviation, chairman of the Emirates Group and chairman of the Supreme Committee of Dubai Shopping Festival and Dubai Summer Surprises; IIFA Brand ambassador and Indian superstar Amitabh Bachchan; and Mohammed Ali Al Hashimi, executive chairman of Zabeel Investments.

    A glamorous traveling showcase of the best of Indian cinema, culture and business opportunities, the 7th Annual IIFA Weekend is being held in Dubai for the first time after debuting to spectacular effect at the Millennium Dome in London in 2000, and spending subsequent years in equally celebrated destinations including Sun City, Johannesburg; Genting Highlands, Malaysia; Singapore and Amsterdam, states an official release.

    More than 450 delegates from India, including the crème de la crème of Indian cinema and international media, are expected in Dubai for the duration of the event and the show will be watched by a record global television audience of over 400 million people, the release adds.
    “It is a great honour for Dubai to be chosen to host the prestigious IIFA Weekend and Awards for the first time in an Arab country,” HH Sheikh Ahmed said. “We see the hosting of this massive event as a giant stride ahead in further cementing the age-old ties between India and the UAE, and a celebration of the cultural and social harmony between the two countries.”

    “IIFA in Dubai will not only be the last word in entertainment but one to herald stronger business relationships, and open new avenues of trade and commerce between India and the UAE,” he added. The Dubai government, Sheikh Ahmed said, is committed to making the 7th edition of IIFA Weekend and Awards the most successful ever.

    The Tiara IIFA Weekend will be hosted under the patronage of HH Sheikh Ahmed and the auspices of Dubai Summer Surprises, and culminate with the glittering Idea IIFA Awards ceremony scheduled for 16 June, 2006.

    Amitabh Bachchan also thanked Sheikh Ahmed, the Government of Dubai and Zabeel Investments for the opportunity and interest in bringing the global showcase of Indian cinema to Dubai. “The IIFA Awards have marked the beginning of a new era for recognizing and applauding the achievements of Indian cinema,” Bachchan said. “IIFA is one of the most credible award processes voted on by the Indian film industry professionals and audited by PriceWaterhouseCoopers (PWC), and I am proud to be associated with it.”

    Bachchan, named BBC’s Superstar of the Millennium in 1999 and an entertainment icon who enjoys the largest fan following in the world, said he is looking forward to the celebrations in Dubai this summer.

    Mohammed Ali Al Hashimi, executive chairman of Zabeel Investments, said the IIFA’s reputation for quality and excellence and its vision of uniting the cultures of the world made it the perfect choice for a partnership.

    “Both IIFA and Zabeel Investments, the developer of Tiara Residence, are dedicated to providing distinctive services, exclusive quality, true elegance and style and the finest in Asian hospitality to the people of the world,” Al Hashimi said. ““The Indian community has established long-standing relationships here in Dubai, and our support of the IIFA Weekend is only the beginning of our commitment to this exciting and emerging market.”

    Sabbas Joseph, director of IIFA organizers Wizcraft International Entertainment, said the five-day June extravaganza in Dubai will be unlike any event the city has seen before. “The IIFA Weekend 2006 is being planned on a grand scale and will feature a host of events designed to not only promote Indian cinema in the GCC and the wider Arab world but also internationally,” he said. “The Arab world has always been one of the strongest audiences of Indian cinema, and bringing IIFA here is our way of saying thank you.”

    Star Network will broadcast the IIFA Weekend and Awards exclusively across the globe, said Star India EVP Marketing & Communication Ajay Vidyasagar, “It is fitting that IIFA, which celebrates the emergence of Indian cinema on a global platform, is partnering with STAR yet again,” he said. “Following the success of IIFA last year, millions of viewers across India, UAE, Pakistan, USA, UK and South East Asia who have chosen Star Plus to be their preferred choice of Indian entertainment are looking forward to IIFA in Dubai. We are proud to associate with IIFA and will work together to make this year’s event a truly memorable celebration of Indian cinema for all our viewers”.

    The IIFA Weekend 2006 is spearheaded by Tiara Residence, the property development of Zabeel Investments, and supported by Grand Hyatt Dubai, Gulf News, Arabian Radio Network, Dubai International Film Festival, Dubai Studio City, Grand Cineplex, Dubai Chamber of Commerce, Emirates Airlines, Dreamhorizon, Mac, Indian Business Professional Council, City of Dubai, Dubai International Airport Expo, Idea Cellular from India and the Star Network.

  • Shah Rukh Khan, Rani Mukherjee win Star’s Sabsey Favourite Kaun Awards 2006

    Shah Rukh Khan, Rani Mukherjee win Star’s Sabsey Favourite Kaun Awards 2006

    May 7, 2006 : The wait is finally over… The verdict is out…The journey that started over three months ago has reached a triumphant conclusion.. Over 9 lakh fans from India & 23 nations across the globe have declared their Sabsey Favourites. And 7 winners have walked away with the only true measure of their popularity with the masses: the unique gold brick trophy of the Schwarzkopf Palette Sabsey Favourite Kaun Awards.

    The battles were close in practically every category, with leads changing hands practically, every day of the 30 day national voting period. But at the end, when the dust settled, this is how the picture looked:

    The Sabsey Favourite Hero category surprised no one by boiling down to a battle between the Khans – Shahrukh & Salman, with Shahrukh Khan winning almost by a hair’s breadth. It just proved once again that while Shahrukh is truly King Khan, the masses adoration for Salman remains undiminished despite all his recent travails. Bengali beauty Rani Mukerji was crowned Sabsey Favourite Heroine with competition from Aishwarya Rai.and Rani’s cousin Kajol. The results are testimony to the enduring popularity of the Mukerji cousins Rani has had no releases since almost a year, and Kajol has had none after Kabhi Khushi Kabhie Gham in 2002. Sanjay Leela Bhansali’s BLACK laid to rest all arguments about it being the favourite of only the classes with the masses declaring it a clear winner in the Sabsey Favourite Film category. In the Sabsey Favourite Naya Hero category the fight was really close between Kunal Kapoor and Kunal Khemu, with Kunal Kapoor coming through in the end. Doe eyed Vidya Balan won the Sabsey Favourite Nayi Heroine , pipping Katrina Kaif to the post. The Sabsey Favourite Comic Hero saw a hat trick as Paresh Rawal bagged the award for the third year in a row. The Sabsey Tez Sitara Award – the only award not voted in by fans, but where film industry experts pick out the rising star who has made the most strides in the last one year- went to John Abraham. He followed in the footsteps of Abhishek Bachchan who had won last year.

    Last but not the least, an award that holds a special meaning for the lakhs of fans who voted in: The Sabsey Bada Fan Award: Mrs. Madhuri M. Madekar from Kalyan had participated in the Sabsey Bada Fan contest was crowned the Sabsey Bada Fan: the fan who voted the most number of times for the eventual winner.

    Of course, it was not just about the awards. The performances were stunning as well. The night was filled with excitement as Trickbaby from London performed their megahits from Bluffmaster. What’s more, the video of the song ‘Nine Parts of Desire’, featuring Abhishek Bachchan, was unveiled for the first time, at the awards ceremony. Udita Goswami & Kunal Khemu rocked the event as they performed a medley of Himesh Reshammiya songs – remixed to reflect the various musical forms of the country. So don’t be surprised if you hear “Jhalak Dikhla Jaa” in Bharatnatyam beats or “Laagi Laagi” in Bhangra style.

    Tanushree Dutta with Vinay Pathak & Suresh Menon of the Great Indian Comedy Show showed viewers what it would be like in 2006 when the all-time classics of Hindi cinema – Sholay, Amar Akbar Anthony, Don & more are remade. Hilarious skits on the theme with classic numbers from those films remixed made for compelling viewing. Fardeen Khan performed on the theme “The Many Moods of Fardeen”. The show stopper was Hrithik Roshan; in a thrilling performance tracking his journey from ‘Koi Mil Gaya’ to ‘Krrish’. This was also his first ever stage performance based on ‘Krrish’. The whole performance was specially choreographed by ace choreographer Ganesh Hegde. The Host with the Most Arshad Warsi and his spunky wife Maria Goretti hosted the show and had the audience in splits with their one liners. Viewers will certainly have a treat when Star Gold telecasts the event on the 14th of May at 8 pm.

    And it is the viewers themselves who have chosen the nominees as well as the winners of Star Gold’s Schwarzkopf Palette Sabsey Favourite Kaun 2006- the only awards show were winners are honoured for their popularity and not performances in a particular film. While the Sabsey Favourite Kaun Election Express covered 45 towns & 24,000 kms to collect almost 1 lakh votes from fans to create the nomination lists, more than 8 Lakh votes came in through sms, the internet ( indya.com ) and televoting to choose the final winners. In all, almost 9 lakh votes from India as well as countries as far flung as Afghanistan, Peru, Bahrain, Tanzania, Mozambique, Bangladesh , and of course, USA, UK & the Middle East were cast to choose the eventual winners. Today it all came together for the grand finale.

    Get your popcorn ready for 8 pm this Sunday, 14 th May, when the spectacular ceremony will be telecast on Star Gold.

    Inox were the Multiplex partners for the event, indya.com the official website and RED FM the official radio partner. All the trophies (the gold bricks) were crafted specially by Gilli.

     

  • Juniper Networks to host conference call webcast on IPTV

    Juniper Networks to host conference call webcast on IPTV

    MUMBAI:Juniper Networks has announced it will host a conference call webcast to discuss ‘IPTV and Beyond’ on 8 May at 8 am Pacific Time. The conference call will be broadcasted live over the Internet.

    Service Provider Business VP marketing and partnerships Shailesh Shukla will provide an overview of the company’s strategy on why service providers need to think beyond simply delivering IPTV as a single service and how to build multi-service networks for the future given today’s business imperatives. Shukla will begin with a brief presentation and then take questions.

    The conference call will be broadcasted live over the Internet. To participate via telephone, the dial-in number is 866-567-4884, or 706-758-0058 for international callers. The web cast will be available at http://www.juniper.net/company/investor/announcement.html and a replay will be archived on the Juniper Networks website.

    Juniper Networks enables in secure and assured communications over a single IP network.

  • Jessica Alba to host MTV Movie Awards

    Jessica Alba to host MTV Movie Awards

    MUMBAI: US broadcaster MTV has announced that Jessica Alba will host the 2006 MTV Movie Awards.

    The show will air in the US on 8 June and takes place in California on 3 June.

    Alba is also a nominee for Fantastic Four. She is also competing in the sexiest perfomer category for Sin City.

    Alba says, “The MTV Movie Awards is like a three-ring circus and I’m thrilled they asked me to be this year’s ringmaster”.

    MTV US president Christina Norman says, “Talented, smart and funny, Jessica is one of Hollywood’s hottest and most sought-after actresses, and the perfect leading lady for the Movie Awards. This year’s show promises to be anything but traditional, and Jessica is just the person to help mix things up.”

  • Eutelsat reports marginal revenue growth

    Eutelsat reports marginal revenue growth

    MUMBAI: Satellite operator Eutelsat has reported revenues for the third quarter ended 31 March 2006.

    For the three months ended 31 March 2006, revenues rose to 195.1 million euros from 190.8 million euros in the same period last year representing a rise of 2.2 per cent. For nine months it rose to 590 million euros from 561.9 million euros representing a rise of five per cent.

    Eutelsat CEO Giuliano Berretta said, “We are very satisfied with the continuing solid commercial progress of the Group across our core

    activities of video, data and value-added services in Western Europe and emerging markets in Eastern Europe, the Middle East and Africa, as well as the higher than expected revenues generated from multi-usage leases.

    “As a consequence of the good performance over the first nine months, and the comfort given by the successful launch on 11 March of our Hot Bird 7A broadcast satellite for our premium video neighbourhood, we are in a position to raise our revenue growth guidance from 2.5 per cent to more than 3.5 per cent for the fiscal year 2006.”

    During the third quarter, Eutelsat says that there was a healthy demand for video applications as well as for data and value added services. Video applications revenue was up 3.9 per cent year-over-year. This was mainly driven by lease of capacity for the XX Winter Olympic Games, including for the European Broadcasting Union and NHK, and contract wins, notably for NTV Plus in Russia.

    Data and value added services revenue grew 5.8% year-over-year led by continuous growth in value added services (+33.9 per cent at 7.5 million euros). This was principally driven by the roll-out of the D-Star broadband service for schools, regional administrations and enterprises beyond access to terrestrial broadband networks, despite delay in take-up resulting from the technical incident experienced by the W1 satellite in August 2005.

    Multi-usage leases rose 27.9 per cent year-over-year due to a high renewal rate of contracts for government services during the quarter and favourable US$/Euro exchange rates compared to the same quarter last year.

    Eutelsat has raised its revenue growth objective for fiscal year 2005-2006 from 2.5 per cent to more than 3.5 per cent.