Tag: Indian TV network

  • 21st Century Fox America announces new debt issue pricing

    21st Century Fox America announces new debt issue pricing

    MUMBAI: It’s raising debt though the issue of senior notes. Twenty-First Century Fox (21st Century Fox) — the parent of leading Indian TV network Star India – subsidiary, 21st Century Fox America (21CFA ), today announced the pricing of its debt issue.

    The American entertainment major stated that it was issuing $850 million in aggregate principal amount of Senior Notes, which will be conducted in two tranches consisting of $450 million senior notes carrying a ticket interest of 3.375 per cent which will become due in 2026.

    The second tranche of senior notes of $400 million will carry a sticker price of 4.750 per cent and will mature in 20146. The senior notes will be guaranteed by the company.

    The closing of the offering is expected to occur on 18 November, subject to the satisfaction of customary closing conditions.

    21CFA will receive gross proceeds of $848,687,500 from this offering and expects to use the net proceeds for general corporate purposes, the company said in a press release.

  • 21st Century Fox America announces new debt issue pricing

    21st Century Fox America announces new debt issue pricing

    MUMBAI: It’s raising debt though the issue of senior notes. Twenty-First Century Fox (21st Century Fox) — the parent of leading Indian TV network Star India – subsidiary, 21st Century Fox America (21CFA ), today announced the pricing of its debt issue.

    The American entertainment major stated that it was issuing $850 million in aggregate principal amount of Senior Notes, which will be conducted in two tranches consisting of $450 million senior notes carrying a ticket interest of 3.375 per cent which will become due in 2026.

    The second tranche of senior notes of $400 million will carry a sticker price of 4.750 per cent and will mature in 20146. The senior notes will be guaranteed by the company.

    The closing of the offering is expected to occur on 18 November, subject to the satisfaction of customary closing conditions.

    21CFA will receive gross proceeds of $848,687,500 from this offering and expects to use the net proceeds for general corporate purposes, the company said in a press release.

  • Times Network in 100 countries now; launches two channels in Europe

    Times Network in 100 countries now; launches two channels in Europe

    CANNES: Times Network, a part of India’s largest media conglomerate, The Times Group, is set to launch two of its channels in Europe, marking its presence in over 100 countries.

    The network will launch Times Now, India’s most popular English News Channel and Zoom — India’s No. 1 Bollywood channel, on the Bobbles Media GmbH DTH and OTT platforms in Europe. This will enable them to reach into territories like Europe including Austria, Belgium, Bulgaria, Croatia, the Czech Republic, Finland, Germany, Greece, France, Hungary, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and Switzerland.

    Backed by Bennett, Coleman & Co, the Times Networks’s International Business recently received the ‘Porter Prize 2016’ for ‘Creating Distinctive Value’. It will be the fastest Indian TV network to cross the 100 country mark in under five years. Within under a year of its launch in the UK, where it reaches Engliand’s 1.4m Indians, the network is all geared up for further expansion in Europe.

    Times Network head, international business, Naveen Chandra, said, “From Times Now’s commercial launch in Australia in early 2011 to its launch in Western Europe this month has been an incredible journey for the Network. We now reach over 10mn Indians globally. We are also all set to launch our first local content initiatives in Europe and look forward to growing aggressively in the region.”

    Times Now commands 43% market share in the English News category, and 58% overall market share during prime time English News, according to Broadcast Audience Research Council (BARC) India.

    Zoom, a trendsetter in its genre, is available across five continents and 83 countries worldwide and also has a wide presence in the social media space.

    Times Network houses upscale brands including; Times Now, ET Now, Magicbricks Now, Moview Now, MN+ – The Gold class of Hollywood; Romedy Now. The network delivers segmented and differentiated content under one umbrella. It informs, entertains and engages over 100 million urban affluent viewers in India and is available in over 82 countries across the globe.

  • Times Network in 100 countries now; launches two channels in Europe

    Times Network in 100 countries now; launches two channels in Europe

    CANNES: Times Network, a part of India’s largest media conglomerate, The Times Group, is set to launch two of its channels in Europe, marking its presence in over 100 countries.

    The network will launch Times Now, India’s most popular English News Channel and Zoom — India’s No. 1 Bollywood channel, on the Bobbles Media GmbH DTH and OTT platforms in Europe. This will enable them to reach into territories like Europe including Austria, Belgium, Bulgaria, Croatia, the Czech Republic, Finland, Germany, Greece, France, Hungary, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and Switzerland.

    Backed by Bennett, Coleman & Co, the Times Networks’s International Business recently received the ‘Porter Prize 2016’ for ‘Creating Distinctive Value’. It will be the fastest Indian TV network to cross the 100 country mark in under five years. Within under a year of its launch in the UK, where it reaches Engliand’s 1.4m Indians, the network is all geared up for further expansion in Europe.

    Times Network head, international business, Naveen Chandra, said, “From Times Now’s commercial launch in Australia in early 2011 to its launch in Western Europe this month has been an incredible journey for the Network. We now reach over 10mn Indians globally. We are also all set to launch our first local content initiatives in Europe and look forward to growing aggressively in the region.”

    Times Now commands 43% market share in the English News category, and 58% overall market share during prime time English News, according to Broadcast Audience Research Council (BARC) India.

    Zoom, a trendsetter in its genre, is available across five continents and 83 countries worldwide and also has a wide presence in the social media space.

    Times Network houses upscale brands including; Times Now, ET Now, Magicbricks Now, Moview Now, MN+ – The Gold class of Hollywood; Romedy Now. The network delivers segmented and differentiated content under one umbrella. It informs, entertains and engages over 100 million urban affluent viewers in India and is available in over 82 countries across the globe.