Tag: Broadcasters

  • Advertisers target rural north & south zone on serials & film-based content: BARC

    Advertisers target rural north & south zone on serials & film-based content: BARC

    MUMBAI: None realised the importance of rural market until BARC India started monitoring viewing habits in the countryside. After the TV audience measurement system gave its ratings, the industry woke up to the potential of this market.

    A recent newsletter released by BARC India emphasises on the viewing habits of the viewers on different fronts.

    From one front,  this research explores the advertisers and marketers targeting north and south zone on serials and film-based content to reach their respective audience.

    On an overall level for rural India, serial-based programmes secure the highest share, followed by film-based programmes. This pattern is consistent across zones with the exception of south India. Viewership for serials is driven majorly by the north zone while film-based programmes have maximum viewership in the south zone, which does not come as a surprise.

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    Most of the programme themes are driven by south zone. The only exception is music which is driven almost entirely by the north zone. For broadcasters in the serials and music genre, north rural market is the key.

    For advertisers and marketers targeting north and south zone, serials and film-based content will be the ‘Holy Grail’ to reach their audience respectively as over 30 per cent of the viewership is attributed to each of these content types across zones.

    For marketers targeting west or east zone, frequency-based plans yield results easily. On the other hand, for those targeting north, reach-based plans may be more achievable.

    On an overall level, the south zone registers the highest reach and ATS ( Average Time Spent) among the four zones in rural market. Looking at the west zone, ATS is the second highest after south zone. However, it has relatively lower reach. This shows that audience in the western rural market has lower reach but they spend a high amount of time consuming television content. Conversely, the north zone has the lowest ATS but has a comparatively better reach. One can infer that audience in the north zone does not stick to television viewing for as long as those in other zones.

    The rural viewership pattern

    Urban and rural India follow distinctly different viewing patterns across the day. Rural India starts its day much earlier than urban India around 5am, and continues to have higher viewership until 9am.

    Post 9am, urban India’s viewership catches up and has higher viewership than the rural India throughout the afternoon and evening. Both, urban and rural India see a marginal peak during 2-230pm. However, rural India sees an early spike for prime time as compared to urban India. The highest viewership in rural India is generated during the time-band 830-9pm followed by the time-band 8-830pm.

    Viewership starts declining around 1030pm hinting at an early wrap-up for the day for the rural audience.

    If one compares all the four zones in the rural market, it seems like the viewership is driven by southern rural market followed by the west zone. The lowest viewership in rural market can be observed in the north zone which has the lowest average rating percentage for the entire day.

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    If one looks at the zone-wise viewership, both weekdays and weekends are driven by the south zone followed by west zone. Overall viewership for weekends is marginally higher than weekdays for rural India. At the zone level, this increase for weekend viewership is the maximum for the west zone and the least for the east zone.

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    Viewership differs during prime time

    Millennials in rural India could be the next big target for broadcasters and advertisers to hold on to.

    Viewership in India during prime time is equally divided among both the genders. However, if compared by the four zones, north and west zone have a higher percentage of male viewers (51 per cent  and 52 per cent, respectively) and Millennials (age-group 15-30) form the largest percentage of audience in rural India. The pattern is the same among all the four zones with the exception of south where Gen X (age group 31-50) forms the largest percentage of the audience.

    NCCS C (New Consumer Classification System) has the highest share of viewership among all zones in rural India. While the west zone and the east zone display a composition similar to rural India, the north zone and south zone have some variations. The north zone has a substantially higher composition of NCCS A & NCCS B, while the contribution of NCCS C is lower than the rural India average. Conversely, in the south zone, the contribution of NCCS A is low.

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    Surprisingly, film-based programmes, which have the maximum reach during prime time, have one of the lowest stickiness across rural India for all the four zones. Game/talk/quiz and lifestyle-based programmes can hold the audience for long as they have a healthy ratio for reach to fidelity. In rural India, stickiness for serial-based programs is the highest across programme themes.

    Surprisingly, it is driven mostly by south zone, which had the lowest reach among all zones for this content. Interestingly, if one compares this to the audience composition analysed above, north zone and west zone, which have a higher percentage of male audience, also see higher stickiness for sports programmes. Lifestyle-based content in terms of stickiness has much better ratio of reach to fidelity across zones.

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    Ad sector popularity

    The top ad sectors by viewership during prime time in rural India are personal care/hygiene, food & beverages, hair care and services etc.

    Personal care/hygiene and hair care sector have a higher share in the north zone. This can also be seen while comparing all the zones for the ‘personal healthcare’ category, where again the north zone takes the lead.

    On the other hand, the south zone is more inclined towards categories such as food and beverages, auto, durables and personal accessories.

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    Switching pattern for GEC & movie genre

    Since most of the TV viewership is generated by GEC and the movie genre, it would be interesting to understand the switching pattern of rural India on a day-part level.

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    As observed in the paragraphs above, throughout the day, most of the switching to or from a channel genre happens due to audience switching the TV on or not. However, it declines during the later time-bands. The only exception is 6pm to 12 midnight where switching between movies and GEC is higher than viewers switching TV on during that time-band (with movies as reference). On comparing switching from movies to GEC genre, switching percentage remains almost comparable throughout the day.

    On the other hand, switching from GEC to movies declines during later time-bands. On an overall level, switching from GEC to movies is seen more often that the switching from movies to GEC.

  • Broadcasters can now bid for new Pak DTH licence auction

    Broadcasters can now bid for new Pak DTH licence auction

    MUMBAI: The Lahore High Court has requested PEMRA, Pakistan’s broadcast regulatory body, to start the bidding process for direct-to-home (DTH) licences again, after it declared the recent auction void that must be reheld. PEMRA is considering challenging the order in the Supreme Court of Pakistan, local newspapers reported.

    With the new order, broadcasters such as ARY and GEO will now be able to bid to operate DTH satellite TV services in the country.

    Three direct-to-home (DTH) licences in Pakistan were on 23 November awarded for a total of PKR 14.694 billion (USD 140 million). The highest bid was raised by Mag Entertainment for PKR 4.91 billion, respectively followed by M/s. Shahzad Sky for PKR 4.90 billion and M/s. Star Time for Rs 4.89 billion. PEMRA had issued non-exclusive licences for 15 years to the three companies.

    PEMRA chairman Absar Alam had said the DTH service would not end the cable operators’ business, but would compel them to invest in technology and distribution systems.
    The auction barred broadcasters from bidding owing to what was believed to be a conflict of interest. The court however said the restriction was based on an assumption that any vertical integration between broadcast media and distribution services would result in undue concentration of ownership.

    Pakistani DTH services would have countered the sale of illegal Indian DTH services in Pakistan, which leads to annual transfer of between US$ 200 million to US$ 350 million to India on account of subscription fee.

    Also Read: Pak DTH: Mag, Shahzad & Star Time to start ops in a year

    Pakistan gets tough on Indian DTH & content

    Pak DTH licence bidding stayed

     

  • Broadcasters can now bid for new Pak DTH licence auction

    Broadcasters can now bid for new Pak DTH licence auction

    MUMBAI: The Lahore High Court has requested PEMRA, Pakistan’s broadcast regulatory body, to start the bidding process for direct-to-home (DTH) licences again, after it declared the recent auction void that must be reheld. PEMRA is considering challenging the order in the Supreme Court of Pakistan, local newspapers reported.

    With the new order, broadcasters such as ARY and GEO will now be able to bid to operate DTH satellite TV services in the country.

    Three direct-to-home (DTH) licences in Pakistan were on 23 November awarded for a total of PKR 14.694 billion (USD 140 million). The highest bid was raised by Mag Entertainment for PKR 4.91 billion, respectively followed by M/s. Shahzad Sky for PKR 4.90 billion and M/s. Star Time for Rs 4.89 billion. PEMRA had issued non-exclusive licences for 15 years to the three companies.

    PEMRA chairman Absar Alam had said the DTH service would not end the cable operators’ business, but would compel them to invest in technology and distribution systems.
    The auction barred broadcasters from bidding owing to what was believed to be a conflict of interest. The court however said the restriction was based on an assumption that any vertical integration between broadcast media and distribution services would result in undue concentration of ownership.

    Pakistani DTH services would have countered the sale of illegal Indian DTH services in Pakistan, which leads to annual transfer of between US$ 200 million to US$ 350 million to India on account of subscription fee.

    Also Read: Pak DTH: Mag, Shahzad & Star Time to start ops in a year

    Pakistan gets tough on Indian DTH & content

    Pak DTH licence bidding stayed

     

  • TRAI tariff order, interconnect regulations; date for responses extended

    TRAI tariff order, interconnect regulations; date for responses extended

    NEW DELHI: Stakeholders wanting to give in their reactions to the latest draft Tariff order for Digital Addressable Systems, the Quality of Service and Consumer Protection Regulations, and the draft interconnect regulations have been given time till 15 November 2016 to respond.

    The Telecom Regulatory Authority of India, which had issued these three documents, had earlier given other dates but has given a final extension to give an opportunity to the stakeholders to offer their comments but has made it clear that there will be no further extensions.

    The documents have been issued after considering the views expressed by the stakeholders during the consultation process and internal analysis of TRAI.

    Clearly, this is because the final phase of DAS comes into effect from 1 January 2017.  

    The Draft “Telecommunication (Broadcasting and Cable Services (Eighth) (Addressable Systems) Tariff Order 2016 and the Draft “The Standards of Quality of Service and Consumer Protection (Digital Addressable Systems) Regulations 2016 had been issued on 10 October 2016.

    Later, TRAI had issued the Draft Interconnection Regulation for TV Broadcasting Services provided through Addressable Systems on 14 October 2016.

    In a note on its website, TRAI said the whole process had begun when it issued a Consultation Paper on “Tariff  Issues related to TV Services” on 29 January 2016 in order to holistically review the existing regulatory framework for TV broadcasting services delivered through addressable systems. TRAI had also issued a Consultation Paper on “Interconnection framework for Broadcasting TV Services distributed through Addressable Systems” on 4 May 2016 inviting comments. Subsequently, a Consultation Paper on “Issues related to Quality of Services in Digital Addressable Systems and Consumer Protection for TV Broadcasting Services” was issued on 18 May 2016.

    In order to further discuss with the stakeholders, the issues involved in the said consultation papers, Open House Discussions (OHDs) were also conducted on all the three consultation papers.

    Also read

    http://www.indiantelevision.com/regulators/trai/trai-releases-draft-tariff-consumer-das-regulations-161010

    http://www.indiantelevision.com/regulators/trai/offer-premium-channels-as-a-la-carte-dont-bundle-trai-161010

    http://www.indiantelevision.com/regulators/trai/trai-may-check-broadcasters-distributors-monopolistic-behaviour-161012

    and

    http://www.indiantelevision.com/regulators/trai/trai-issues-comprehensive-interconnect-draft-guidelines-161014

  • TRAI tariff order, interconnect regulations; date for responses extended

    TRAI tariff order, interconnect regulations; date for responses extended

    NEW DELHI: Stakeholders wanting to give in their reactions to the latest draft Tariff order for Digital Addressable Systems, the Quality of Service and Consumer Protection Regulations, and the draft interconnect regulations have been given time till 15 November 2016 to respond.

    The Telecom Regulatory Authority of India, which had issued these three documents, had earlier given other dates but has given a final extension to give an opportunity to the stakeholders to offer their comments but has made it clear that there will be no further extensions.

    The documents have been issued after considering the views expressed by the stakeholders during the consultation process and internal analysis of TRAI.

    Clearly, this is because the final phase of DAS comes into effect from 1 January 2017.  

    The Draft “Telecommunication (Broadcasting and Cable Services (Eighth) (Addressable Systems) Tariff Order 2016 and the Draft “The Standards of Quality of Service and Consumer Protection (Digital Addressable Systems) Regulations 2016 had been issued on 10 October 2016.

    Later, TRAI had issued the Draft Interconnection Regulation for TV Broadcasting Services provided through Addressable Systems on 14 October 2016.

    In a note on its website, TRAI said the whole process had begun when it issued a Consultation Paper on “Tariff  Issues related to TV Services” on 29 January 2016 in order to holistically review the existing regulatory framework for TV broadcasting services delivered through addressable systems. TRAI had also issued a Consultation Paper on “Interconnection framework for Broadcasting TV Services distributed through Addressable Systems” on 4 May 2016 inviting comments. Subsequently, a Consultation Paper on “Issues related to Quality of Services in Digital Addressable Systems and Consumer Protection for TV Broadcasting Services” was issued on 18 May 2016.

    In order to further discuss with the stakeholders, the issues involved in the said consultation papers, Open House Discussions (OHDs) were also conducted on all the three consultation papers.

    Also read

    http://www.indiantelevision.com/regulators/trai/trai-releases-draft-tariff-consumer-das-regulations-161010

    http://www.indiantelevision.com/regulators/trai/offer-premium-channels-as-a-la-carte-dont-bundle-trai-161010

    http://www.indiantelevision.com/regulators/trai/trai-may-check-broadcasters-distributors-monopolistic-behaviour-161012

    and

    http://www.indiantelevision.com/regulators/trai/trai-issues-comprehensive-interconnect-draft-guidelines-161014

  • How broadcasters can use Facebook better?

    How broadcasters can use Facebook better?

    MUMBAI: Facebook’s daily active user base in India clocked a whopping 22 per cent growth rate by the second quarter of 2016, which is much higher than the 17 per cent growth rate the social media giant enjoys globally. Naturally, addressing its India-only usage and the issues concerning it is of key to Mark Zuckerberg. From improvement in quality perspective, Facebook is addressing these issues on several frontiers, including guiding television networks on how to grow on FB organically.

    “When we speak of partnerships with television networks, it has nothing to do with how they interact with the platform as an advertiser. If networks are able to strategize and track a good campaign on Facebook, then it can grow organically. If networks crack the content code that triggers shareability of a Facebook post, then it doesn’t need any artificial push,”
    shared Facebook India’s head of television partnerships, Vishu Ray.

    This guidance often includes educating networks on the best practices to increase the shareability of the posts, using all the Facebook tools such as FB 360 degree, instant articles and Facebook Live to the optimal use, and creating engaging content on FB.

    While ‘how to use FB’ might sound like a simple thing to explain to television networks, given the fact that the social network is constantly adding new features, some specially meant for this market, the task at hand isn’t that simple.

    “We added Facebook live as a feature six to seven months back, but within Facebook Live several new changes are being made. For example, now users can not only go live from their smart phones etc, they can go live through multi-camera setups as well, which also allows one to switch between multiple cameras,” Ray added.

    Some eight to 10 news networks have also adopted Facebook chatbots that directly interact with FB users through the messenger to bring them their choice of news.

    Ray made it clear that currently Facebook partnerships with television networks isn’t a monetised association. “As of now, we aren’t thinking of making money from these partnerships. The focus is to share best practices, which, by the way, are also available to all networks and publishers through our news blog that anyone can access. We understand that networks have many mediums to consider. May be the other platforms, specially in the video category has been consistently performing over the last few years.

    Facebook’s video options being a late entrant means that those coming on board have a higher jump to make in a much shorter time, thus requiring an external hand-holding,” Ray explained.

    When it came to paid campaigns on Facebook, Ray pointed out that most of the flow of advertising on Facebook is very self-served and flexible. If the content is compelling enough, media brands especially don’t need to spend too much. The occasional spends that they do, can be carried out through their media agencies.

    Facebook is beginning to give special focus on the regional networks as well, said Ray. “The first focus is the southern market as the users are heavy media consumers. Bengali and Punjabi regional channels are another point of focus for the television partnerships wing at Facebook India,” he said, adding that Facebook’s multi-language feature that supports up to 12 Indian languages is a good tool for regional networks to use and generate more engagement.

    Having observed how networks are using Facebook in the last couple of years, Ray used a couple of pointers on how networks are going wrong in their Facebook usage.

    “Broadcasters so far have been paying close attention to how Facebook has been working for brands, and thinking in terms of like numbers and share numbers. That may not be the best way to look at it from a media brand’s (big or small) perspective who need to ask themselves if a certain post will get people excited,” Ray shared.

    “We have also begun to understand that audience are generally put -off by content with a promotional tone to them. Usually, the audience reacts better to informal language, and a more native and conversational posts,” Ray added in parting.

  • How broadcasters can use Facebook better?

    How broadcasters can use Facebook better?

    MUMBAI: Facebook’s daily active user base in India clocked a whopping 22 per cent growth rate by the second quarter of 2016, which is much higher than the 17 per cent growth rate the social media giant enjoys globally. Naturally, addressing its India-only usage and the issues concerning it is of key to Mark Zuckerberg. From improvement in quality perspective, Facebook is addressing these issues on several frontiers, including guiding television networks on how to grow on FB organically.

    “When we speak of partnerships with television networks, it has nothing to do with how they interact with the platform as an advertiser. If networks are able to strategize and track a good campaign on Facebook, then it can grow organically. If networks crack the content code that triggers shareability of a Facebook post, then it doesn’t need any artificial push,”
    shared Facebook India’s head of television partnerships, Vishu Ray.

    This guidance often includes educating networks on the best practices to increase the shareability of the posts, using all the Facebook tools such as FB 360 degree, instant articles and Facebook Live to the optimal use, and creating engaging content on FB.

    While ‘how to use FB’ might sound like a simple thing to explain to television networks, given the fact that the social network is constantly adding new features, some specially meant for this market, the task at hand isn’t that simple.

    “We added Facebook live as a feature six to seven months back, but within Facebook Live several new changes are being made. For example, now users can not only go live from their smart phones etc, they can go live through multi-camera setups as well, which also allows one to switch between multiple cameras,” Ray added.

    Some eight to 10 news networks have also adopted Facebook chatbots that directly interact with FB users through the messenger to bring them their choice of news.

    Ray made it clear that currently Facebook partnerships with television networks isn’t a monetised association. “As of now, we aren’t thinking of making money from these partnerships. The focus is to share best practices, which, by the way, are also available to all networks and publishers through our news blog that anyone can access. We understand that networks have many mediums to consider. May be the other platforms, specially in the video category has been consistently performing over the last few years.

    Facebook’s video options being a late entrant means that those coming on board have a higher jump to make in a much shorter time, thus requiring an external hand-holding,” Ray explained.

    When it came to paid campaigns on Facebook, Ray pointed out that most of the flow of advertising on Facebook is very self-served and flexible. If the content is compelling enough, media brands especially don’t need to spend too much. The occasional spends that they do, can be carried out through their media agencies.

    Facebook is beginning to give special focus on the regional networks as well, said Ray. “The first focus is the southern market as the users are heavy media consumers. Bengali and Punjabi regional channels are another point of focus for the television partnerships wing at Facebook India,” he said, adding that Facebook’s multi-language feature that supports up to 12 Indian languages is a good tool for regional networks to use and generate more engagement.

    Having observed how networks are using Facebook in the last couple of years, Ray used a couple of pointers on how networks are going wrong in their Facebook usage.

    “Broadcasters so far have been paying close attention to how Facebook has been working for brands, and thinking in terms of like numbers and share numbers. That may not be the best way to look at it from a media brand’s (big or small) perspective who need to ask themselves if a certain post will get people excited,” Ray shared.

    “We have also begun to understand that audience are generally put -off by content with a promotional tone to them. Usually, the audience reacts better to informal language, and a more native and conversational posts,” Ray added in parting.

  • Pakistan Broadcasters Association to oppose PEMRA Indian content ban

    Pakistan Broadcasters Association to oppose PEMRA Indian content ban

    MUMBAI: The Pakistan Electronic Media Regulatory Authority (PEMRA) shocked both Pakistan and Indian broadcasters when it issued an order blanking out  all Indian content from Pakistan’s television channels on 19 October.

    Close to Rs 150 crore of Indian content exports to Pakistan went up in smoke with that order. And, Indian broadcasters’ syndication and film distribution teams – including those from Zee TV, Viacom18, Sony Pictures Networks India, Star India, YRF, Dharma Productions, T-Series etc – were still reeling from the shock of the draconian diktat. As were Pakistan channel, FM radio and film distribution executives and  theatre owners.

    Apparently, the Pakistan media fraternity is not going let PEMRA have its way easily. The Pakistan Broadcasters Association (PBA) , the representative body of the TV channels and FM radio services is mulling taking legal recourse against PEMRA’s sudden order.

    According to Pakistan industry sources, the PBA is likely to take PEMRA to court, objecting to its arbitrary decision.

    Says a senior Pakistan TV channel executive: “The current limitation of 10 per cent international and six per cent Indian content was done through an act of Parliament. PEMRA is overstepping its brief by promulgating its new order. It has no business doing so. For us to follow it, the new order has to be passed by the government when the parliament is in session. Hence, we will approach the court for succor.”

    However, observers are not sure if Pakistan’s courts will go against PEMRA’s order. On a previous occasion, in 2013, a high court judge had supported the complete ban on Indian content entering the country and passed an order to that effect.

    Broadcasters meanwhile acknowledge that content trade between India and Pakistan was tilted towards India. “But, in recent times, Indian broadcasters have started acquiring more Pakistani content. And over time we had hoped that the Indo-Pak content trade would be equally split in revenue terms between the two countries. Now we don’t know how much of a setback it will be to our plans to export more to India,” says a Pakistan broadcast television executive..

    ALSO READ :

    PEMRA Indian content ban to impact broadcasters

  • Pakistan Broadcasters Association to oppose PEMRA Indian content ban

    Pakistan Broadcasters Association to oppose PEMRA Indian content ban

    MUMBAI: The Pakistan Electronic Media Regulatory Authority (PEMRA) shocked both Pakistan and Indian broadcasters when it issued an order blanking out  all Indian content from Pakistan’s television channels on 19 October.

    Close to Rs 150 crore of Indian content exports to Pakistan went up in smoke with that order. And, Indian broadcasters’ syndication and film distribution teams – including those from Zee TV, Viacom18, Sony Pictures Networks India, Star India, YRF, Dharma Productions, T-Series etc – were still reeling from the shock of the draconian diktat. As were Pakistan channel, FM radio and film distribution executives and  theatre owners.

    Apparently, the Pakistan media fraternity is not going let PEMRA have its way easily. The Pakistan Broadcasters Association (PBA) , the representative body of the TV channels and FM radio services is mulling taking legal recourse against PEMRA’s sudden order.

    According to Pakistan industry sources, the PBA is likely to take PEMRA to court, objecting to its arbitrary decision.

    Says a senior Pakistan TV channel executive: “The current limitation of 10 per cent international and six per cent Indian content was done through an act of Parliament. PEMRA is overstepping its brief by promulgating its new order. It has no business doing so. For us to follow it, the new order has to be passed by the government when the parliament is in session. Hence, we will approach the court for succor.”

    However, observers are not sure if Pakistan’s courts will go against PEMRA’s order. On a previous occasion, in 2013, a high court judge had supported the complete ban on Indian content entering the country and passed an order to that effect.

    Broadcasters meanwhile acknowledge that content trade between India and Pakistan was tilted towards India. “But, in recent times, Indian broadcasters have started acquiring more Pakistani content. And over time we had hoped that the Indo-Pak content trade would be equally split in revenue terms between the two countries. Now we don’t know how much of a setback it will be to our plans to export more to India,” says a Pakistan broadcast television executive..

    ALSO READ :

    PEMRA Indian content ban to impact broadcasters

  • Competition regulator okays Goldman Sachs stake purchase in Den Networks

    Competition regulator okays Goldman Sachs stake purchase in Den Networks

    MUMBAI: Investment banking major Goldman Sachs has received the Competition Commission’s approval to increase its stake in Den Networks to over 24 per cent by acquiring additional shares through preferential allotment route.

    indiantelevision had reported that MSO Den Networks existing shareholder Goldman Sachs is picking up 1.58 crore equity shares at a price of Rs 90 per share via a preferential allotment. This will take Goldman Sachs’ equity stake in the cable TV service provider up from 17.79 per cent to 24.49 per cent and involve an injection of much needed capital to the tune of Rs 142.43 crore. The divestment is expected to trim promoter stake in the company to 37 per cent.

    Media observers say that the Indian cable TV ecosystem – including the government, the regulator TRAI, broadcasters, MSOs and cable TV operators – has stumbled in the digitization process which was mandated by the ministry of information and broadcasting four years back. They have also been saying that investor sentiment towards the sector is pretty weak. Shares of most leading Indian cable TV companies have been depressed, and have been parked at lows. However, DEN Networks has been taking steps to correct the perception. It has brought back its CEO SN Sharma who has since been working on raising revenues and profitability.

    The transaction has now been cleared by the Competition Commission of India (CCI), as per the regulator’s website.

    The additional acquisition would be done by the holding companies of Goldman Sachs — Broad Street Investments (Singapore) Pte (BSIPL) and MBD Bridge Street 2016 Investments (Singapore) Pte (MBD), according to filing submitted to CCI. BSIPL and MBD are investment holding companies and are not engaged in business of manufacturing of products or the provision of service, PTI reported. Den Networks is into distribution of television channels through analog as well as digital modes.

    The Goldman investment came as a shot in the arm for Den Networks as well as the Indian cable TV sector which is grappling with reinventing its business model.

    Investors had greeted the Goldman Sachs announcement with delight. Den Networks had made an investor presentation in which it stated that its digital rollout is progressing well. Of the 13 million subscribers it has had, almost 9.8 million of them upgraded to digital in Q1 2017. Five million of these are in DAS Phase I & II areas with the remainder being in Phase III and phase IV.