ITV

Tag: CP

  • Eros International-Central Partnership step into content distribution

    Eros International-Central Partnership step into content distribution

    MUMBAI: Eros International PLC, a leading global company in the Indian film entertainment industry, has announced a strategic partnership with leading Russian distribution and production company Central Partnership (CP), affiliate of Gazprom Media Holding, to promote and distribute Indian and Russian content across multiple platforms in both countries.

    This association includes exploitation via licensing of intellectual property rights owned by each party in their respective markets and distribution of film projects for both India and Russia, opening up the market for the two companies to explore new geographies. CP will dub films from Eros’ extensive film library in Russian language which will enable the company to cater to a much larger audience in Russia and CIS. Eros can further utilize the dubbed content on its digital platform, Eros Now, to reach out to a wider audience in Russia.

    With the rapid growth of satellite pay TV in Russia, there is an increased demand for premium digital and television content. This alliance will pave the way for CP to showcase extensive repository of Bollywood films from the Eros library on pay TV. Furthermore, CP will also approach free TV channels to explore showcasing of Indian titles. Similarly, Eros will endeavor to distribute CP media assets on Indian television.

    This collaboration will also enable the launch of Eros Now, the on-demand OTT digital platform of EROS, in Russia and CIS. CP will endeavor to showcase Eros Now’s VOD content on the leading digital distribution network RUFORM through Rutube (web video streaming service targeted in Russia) while Eros will facilitate featuring Russian content on Eros Now.

    Eros International group CEO & managing director Jyoti Deshpande said, “With our entry into the Russian market, we continue to build our strong global position and are delighted to take the lead in associating with the prestigious Russian film company Central Partnership. Russia’s domestic market potential is promising and coupled with the rise in digital consumption by local audiences, we see a huge opportunity in exploiting exciting, unique and high-quality content together to reach audiences across the two diaspora.”

    Central Partnership CEO Pavel Stepanov added, “Our strategic partnership is a big step for both companies in their international expansion, since content from India is now underrepresented in Russia and vice-versa. Our plan is to benefit from both companies’ leading positions in domestic markets to change this layout.”

    Russia’s box office grew in the first half of this year by 8.6% to 29 billion rubles (US$ 413 million), while attendance was up year-on-year by 9% (112 million tickets sold). Foreign films continue to be the main driver of growth in the market. Between January-June box office for foreign films grew by 9.6% to 23 billion rubles (US$ 327 million), while attendance rose from 78.6 million to 88 million. Meanwhile, box office for Russian films in the period increased by 5.1%, to about 6.1 billion rubles (US$87 million), while attendance improved fractionally from 24.5 million to 24.7 million people.

    Eros International acquires, co-produces and distributes Indian films across all available formats such as cinema, television and digital new media.Central Partnership, the exclusive distributor of Paramount Pictures in Russia, owns the largest library there comprising over 700 features and 3300 hours of TV series.

  • Eros International-Central Partnership step into content distribution

    Eros International-Central Partnership step into content distribution

    MUMBAI: Eros International PLC, a leading global company in the Indian film entertainment industry, has announced a strategic partnership with leading Russian distribution and production company Central Partnership (CP), affiliate of Gazprom Media Holding, to promote and distribute Indian and Russian content across multiple platforms in both countries.

    This association includes exploitation via licensing of intellectual property rights owned by each party in their respective markets and distribution of film projects for both India and Russia, opening up the market for the two companies to explore new geographies. CP will dub films from Eros’ extensive film library in Russian language which will enable the company to cater to a much larger audience in Russia and CIS. Eros can further utilize the dubbed content on its digital platform, Eros Now, to reach out to a wider audience in Russia.

    With the rapid growth of satellite pay TV in Russia, there is an increased demand for premium digital and television content. This alliance will pave the way for CP to showcase extensive repository of Bollywood films from the Eros library on pay TV. Furthermore, CP will also approach free TV channels to explore showcasing of Indian titles. Similarly, Eros will endeavor to distribute CP media assets on Indian television.

    This collaboration will also enable the launch of Eros Now, the on-demand OTT digital platform of EROS, in Russia and CIS. CP will endeavor to showcase Eros Now’s VOD content on the leading digital distribution network RUFORM through Rutube (web video streaming service targeted in Russia) while Eros will facilitate featuring Russian content on Eros Now.

    Eros International group CEO & managing director Jyoti Deshpande said, “With our entry into the Russian market, we continue to build our strong global position and are delighted to take the lead in associating with the prestigious Russian film company Central Partnership. Russia’s domestic market potential is promising and coupled with the rise in digital consumption by local audiences, we see a huge opportunity in exploiting exciting, unique and high-quality content together to reach audiences across the two diaspora.”

    Central Partnership CEO Pavel Stepanov added, “Our strategic partnership is a big step for both companies in their international expansion, since content from India is now underrepresented in Russia and vice-versa. Our plan is to benefit from both companies’ leading positions in domestic markets to change this layout.”

    Russia’s box office grew in the first half of this year by 8.6% to 29 billion rubles (US$ 413 million), while attendance was up year-on-year by 9% (112 million tickets sold). Foreign films continue to be the main driver of growth in the market. Between January-June box office for foreign films grew by 9.6% to 23 billion rubles (US$ 327 million), while attendance rose from 78.6 million to 88 million. Meanwhile, box office for Russian films in the period increased by 5.1%, to about 6.1 billion rubles (US$87 million), while attendance improved fractionally from 24.5 million to 24.7 million people.

    Eros International acquires, co-produces and distributes Indian films across all available formats such as cinema, television and digital new media.Central Partnership, the exclusive distributor of Paramount Pictures in Russia, owns the largest library there comprising over 700 features and 3300 hours of TV series.

  • TRAI seeks industry comments on FM Phase III migration

    TRAI seeks industry comments on FM Phase III migration

    MUMBAI: The Telecom Regulatory Authority of India (TRAI) has released the consultation paper on the migration of FM radio broadcasters from Phase-II to Phase-III. As part of the consultative process, the stake holders have been requested to offer their comments and views by 17 December 2013.

     

    Accordingly, this Consultation Paper (CP) has been prepared to seek the comments/views of the stakeholders on the date of migration from Phase-II to Phase-III; duration of permission after migration from Phase-II to Phase-III; and the amount of migration fee to be charged from existing operators on their migration from Phase-II to Phase-III.

     

    It also states that in case of counter-comments it may be submitted by 24 December 2013. The Ministry of Information and Broadcasting (MIB) sent a reference dated 9 April 2013, to TRAI seeking recommendations. The clarifications sought by TRAI were provided by MIB by 22 November, 2013.

     

    The highlights of the Phase-III policy for FM Radio broadcast will be the validity of license is 15 years from the date of operationalisation of the Channel (10 years in Phase II); FDI limit have been raised to 26 percent in a private FM radio broadcasting company (from 20 per cent in Phase II); and it also allows the permission holder to carry the news bulletins of All India Radio in exactly the same format (unaltered) on such terms and conditions as may be mutually agreed with Prasar Bharati, no other news and current affairs programs will be permitted under the Policy.

     

    The other salient features of the policy are

    – Permission for the channels shall be granted on the basis of Non-Refundable One Time Entry Fee (NOTEF).

     

    – NOTEF shall be arrived at through an ascending e-auction process, on the lines followed by DoT in the auction of 3G and BWA spectrum in the year 2010.

     

    – Reserve Price for new channels in existing FM Phase-II cities, the highest bid price received for that city in Phase-II (Click here for more details); and for new cities, the highest bid price received during FM Phase-II for that category of cities in that region.

     

    – In case the benchmark from Phase-II for a particular region is not available, the lowest of the highest bid received in other regions for that category of cities.

     

    – For new cities in border areas with a population less than one lakh, the reserve price shall be Rs 5 lakh.

    – Annual licence fee will be four per cent of gross revenue of its FM radio channel for the financial year or 2.5 per cent of NOTEF for the concerned city, whichever is higher. For the permission holders in the States of North East, J&K and island territories (i.e. Andaman and Nicobar islands and Lakshadweep) – at 2 per cent of gross revenue for each year or 1.25 per cent of NOTEF for the concerned city, whichever is higher, for an initial period of three years from the date from which the annual license fee becomes payable and the permission period of 15 years begins.

     

    -Each applicant will be allowed to own more than one channel but not more than 40 per cent of the total channels in a city subject to a minimum of three different operators in the city.

     

    -No entity will be permitted to hold more than 15 per cent of all channels allotted in the country excluding channels located in Jammu and Kashmir, North Eastern States and island territories.

     

    -Networking of channels will be permissible within a private FM broadcaster’s own network across the country subject to 20 per cent of the total broadcast in a day is in the local language of the city and promotes local content.

     

    – The permission holder is required to follow the Programme and Advertisement Code as followed by All India Radio as amended from time to time or any other applicable code, which the Central Government may prescribe from time to time.

     

    In this phase, about 839 additional channels in about 294 cities across the country are being offered for the auction.