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Tag: Mangalore

  • Day 17: FM Phase III bidding picks pace; winning price touches Rs 1116 crore

    Day 17: FM Phase III bidding picks pace; winning price touches Rs 1116 crore

    NEW DELHI: Bidding showed mild signs of picking pace as the number of channels being bid for also increased on the day seventeen of the e-auction for the first batch of FM Phase III cities. The cumulative provisional winning price touched about Rs 1116 crore at the end of the 68th round.

     

    With this, a total of 93 channels in 56 cities became provisional winning channels against their aggregate reserve price of about Rs 458 crore.

     

    Thus the summation of provisional winning prices surpassed the cumulative reserve price of the corresponding 92 channels by Rs 657.59 crore or 143.5 per cent.

     

    The cumulative provisional winning price has more than doubled at 102.8 per cent than the total reserve price of Rs 550.18 crore for the first batch of 135 FM channels in 69 existing cities.

     

    The Auction Activity Requirement rose to 100 per cent since 14 August, after being 90 per cent after the 37th round on 7 August.

     

    Information and Broadcasting Ministry sources said the channel allocation stage will continue as long as bids are received for any of the 135 channels.

     

    The thirteen cities for which bids have still not come are Asansol, Gulbarga, Mangalore, Mysore, Puducherry, Rajahmundry, Siliguri, Tiruchy, Tirunveli, Tirupati, Tuticorin, Vijaywada and Warangal.

     

    The demand in most cities fell by up to three per cent and by four per cent below the excess demand at the price in 60th round in Hyderabad.

     

    The Percentage Price Increment (in INR) applicable for the Next Clock Round was just one in Bengaluru, Chandigarh, Cochin, Guwahati, Jodhpur, Kanpur, Mumbai and Nashik.

     

    The highest provisional winning price in Delhi remained the same for the second consecutive day at Rs 169.16 crore (for just one channel), but rose marginally in Mumbai at Rs 122.81 crore (for two channels) while it was static in Bengaluru.

     

    Among cities recording more than Rs 10 crore, it rose marginally in Cochin at Rs 15.04 crore and Nasik at Rs 10.94 crore.

     

    Bengaluru with Rs 109.25 crore, Chennai at Rs 53.38 crore, Ahmedabad at Rs 42.68 crore, Pune at Rs 42.03 crore, Chandigarh at Rs 19.04 crore, Jaipur at Rs 28.34 crore, Hyderabad at Rs 18 crore, Patna at Rs 17.89 crore and Lucknow at Rs 14 crore remained static.

  • Day 16: Bidding slow for FM Phase III as winning price touches Rs 1090 crore

    Day 16: Bidding slow for FM Phase III as winning price touches Rs 1090 crore

    NEW DELHI: Bidding has begun to slow down though the number of channels being bid for has gone up on the sixteenth day of the e-auction for the first batch of FM Phase III cities. The cumulative provisional winning price touched Rs 1090 crore at the end of the 64th round.

     

    With this, a total of 92 channels in 56 cities became provisional winning channels against their aggregate reserve price of about Rs 451 crore.

     

    Thus the summation of provisional winning prices surpassed the cumulative reserve price of the corresponding 92 channels by Rs 638.71 crore or 141.5 per cent.

     

    The cumulative provisional winning price exceeded the total reserve price of the first batch of 135 FM channels in 69 existing cities – Rs 550.18 crore – by almost 98.1 per cent.

     

    The Auction Activity Requirement rose to 100 per cent, after being 90 per cent after the 37th round on 7 August.

     

    The thirteen cities for which bids have still not come are Asansol, Gulbarga, Mangalore, Mysore, Puducherry, Rajahmundry, Siliguri, Tiruchy, Tirunveli, Tirupati, Tuticorin, Vijaywada and Warangal.

     

    The demand in most cities fell by up to three per cent and by four per cent below the excess demand at the price in 60th round in Hyderabad.

     

    The Percentage Price Increment (in INR) applicable for the Next Clock Round was just one in Bengaluru, Chandigarh, Cochin, Guwahati, Jodhpur, Kanpur, Mumbai and Nashik.

     

    The highest provisional winning price in Delhi remained the same for the second consecutive day at Rs 169.16 crore (for just one channel), but rose marginally in Mumbai at Rs 114.66 crore (for two channels) and Bengaluru with Rs 109.25 crore.

     

    Among cities recording more than Rs 10 crore, it rose marginally in Cochin at Rs 14.18 crore and Nasik at Rs 10.72 crore.

     

    Chennai at Rs 53.38 crore; Ahmedabad at Rs 42.68 crore, Pune at Rs 42.03 crore, Chandigarh at Rs 19.04 crore, Jaipur at Rs 28.34 crore, Hyderabad at Rs 18 crore, Patna at Rs 17.89 crore and Lucknow at Rs 14 crore remained static.

  • Cinépolis launches its first plex in Mangalore

    Cinépolis launches its first plex in Mangalore

    MUMBAI: Cinépolis, the world’s fourth largest cinema chain and India’s first international exhibitor, has launched its 5-screen, 100 per cent digital multiplex at Mangalore.

    The multiplex with 1,233 seats brings together Real D, the world’s best 3D technology, Hollywood standard 2k digital screens and 7.1 Dolby digital audio.

    After Bengaluru, this is the second Cinépolis multiplex in Karnataka.

    Cinépolis India managing director and country head Milan Saini said, “We are pleased to open the biggest and best cinema of Mangalore. Our patrons can look forward to enjoying a truly world class movie going experience with our state of the art cinemas which are conveniently located in the heart of the city and in the best mall of the city. "

    Added Cinépolis business head – exhibition Ashish Shukla, “After an overwhelming response to our international product quality in Bengaluru, we are extremely happy to introduce the same at Mangalore. Along with a truly international movie watching experience through audio and video, the multiplex will offer an indulging experience at our VIP Cinemas. Another added attraction at Cinépolis is ‘Coffee tree’, an in-house coffee shop which will feature a wide range of freshly prepared gourmet food and beverages.”

    For the first few weeks, Cinepolis has set a special introductory price offer starting at Rs 80 for normal seats and Rs130 for VIP seats. “

    Cinépolis currently operates at Ahmedabad, Amritsar, Bengaluru, Patna, Surat, Ludhiana, and Bhopal. Starting 2012 with 32 screens, Cinépolis has added 17 more screens until now, making it one of the fastest growing multiplex chains in the country. With the addition of Cinépolis Mangalore, Cinépolis now stands at a total of 49 screens across all four geographic zones.

  • Asianet News Network acquires 51% stake in Kannada Prabha

    Asianet News Network acquires 51% stake in Kannada Prabha

    BANGALORE: Asianet News Network (ANN) has acquired a 51 per cent stake in Kannada Prabha, the New Indian Express Group’s leading Kannada daily newspaper, as it seeks to spread its footprint across television, Internet and print.

    The financial details of the deal could not be ascertained.

    Rajeev Chandrasekhar’s regional news empire now consists of Asianet News in Malayalam, Suvarna News in Kannada and a major part of Kannada Prabha.

    Kannada Prabha was founded by Ramnath Goenka on 4 November 1967. With a tagline ‘The Most Powerful Kannada Newspaper’, the Bangalore-headquartered Kannada Prabha is spread across the state with other editions in Mangalore, Shimoga, Hubli, Belgaum, Hyderabad and Goa.

    Says ANN chairman Rajeev Chandrasekhar, “This alliance will leverage the vast synergy between two of Kannada’s most respected and credible news brands, namely Kannada Prabha and Suvarna News 24×7. This partnership and strategic alliance will be transformational for the reader and the viewer, giving the best in editorial, news reporting and features acceptable to millions of readers and viewers. ANN’s journalism credo ‘Nera Ditta Nirantara’ (Straightforward, Bold and Relentless) will now be visible in Kannada Prabha as well.”

    Senior journalist Vishweshwar Bhat has been appointed as the Editor-in-Chief and will spearhead the integration and growth of all the platforms.

    Suvarna News is investing in a new Bangalore studio and news gathering infrastructure, which is scheduled to be commissioned in the next few months.

    Chandrasekhar had earlier acquired Asianet, which owned and operated a clutch of popular Malayalam channels. He went on to launch Asianet Suvarna, a Kannada general entertainment channel, and Suvarna News 24×7. In late 2008, he sold the entertainment channels to Star India while retaining the news outfits.

  • Karnataka government withdraws cases against TV9 Kannada for polio story

    Karnataka government withdraws cases against TV9 Kannada for polio story

    BANGALORE: The Karnataka chief minister has directed his home department to withdraw all police cases filed against Kannada news channel TV9. The government will sit down and sort out the ‘misunderstanding’ with the channel.

    The nationwide polio drops administration programme began in Karnataka on Sunday (21 December, 2008). Even as the programme was underway, TV9 telecast a breaking news story reportedly picked up from a Tamil channel that the polio drops had proved fatal. As it turned out, there were no deaths reported due to polio drops anywhere in the country. A child had died due to hydrocephalus and that death was completely unconnected with the polio drops programme.

    TV9 Kannada repeatedly played this ‘death’ clip in the form of breaking news, igniting anxiety among many of the parents who had got their children immunized.

    Thousands of parents from cities and towns such as Bangalore, Mysore, Mangalore, Chikmagalur, etc., turned up at the government hospitals seeking relief and cure for their children. Private and government hospitals saw misinformed and anxious parents waiting up to Monday 2.30 am and later for medical assistance.

    The Bangalore police had registered 14 cases against the Kannada news channel under Section 505 of IPC for creating panic through mischievous statements.

  • Max kicks off Champions Trophy promotions with Gully Cricket

    Max kicks off Champions Trophy promotions with Gully Cricket

    MUMBAI: Movies and events channel Max is back with its flagship on-ground activity Gully Cricket. Launching on 7 September, the initiative will kick off the channel’s promotional activities around the big ticket cricket property ICC Champions Trophy.

    Max brand ambassadors Mandira Bedi, Sameer Khan and the mascot Tiger Deewana will visit the cities of Hyderabad, Nagpur, Kolkata, Mangalore, Visakhapatnam, Coimbatore, Amritsar, Ahmedabad and Lucknow between September 7 and September 30, 2006 to take the cricket fever from the lofty stadiums to the dingy bylanes.

    The fifth edition the Champions Trophy, which is being played in India for the first time, is scheduled for October 2006.

    Commenting on the return of the promotional initiative, Max business head Albert Almeida said, “Cricket is not only for the select few rolling their arms and swinging their bats in the parks and fields. It is our national passion and there’s no greater fun than playing the game on the streets. And with our Max icons for company, I am sure Gully Cricket will make everyone go deewana all over again.”

    Gully Cricket schedule

    Nagpur 7 September

    Kolkata 10 September

    Mangalore 15 September

    Visakhapatnam 17 September

    Coimbatore 20 September

    Amritsar 23 September

    Ahmedabad 26 September

    Hyderabad 28 September

    Lucknow 30 September

  • Zee-Turner switches off OCN Network in Mangalore

    Zee-Turner switches off OCN Network in Mangalore

    MUMBAI: Zee Turner Limited, the distribution arm of Zee Telefilms Ltd and Turner International (I) Pvt. Ltd, has finally switched off its bouquets of 26 channels on OCN Network in Mangalore due to non payment of its huge outstanding to Zee Turner and non signing of fresh agreement after expiry of earlier one.

    Zee Turner has been in negotiations with OCN for past eight months to clear its outstanding and to sign a fresh subscription agreement declaring its accurate subscriber base as the old agreement. It was found that OCN had been serving many more subscribers and households as compared to the number of subscriber households declared to Zee Turner.

    The decision to switch off the operator came in wake of fall out of negotiations and the operator’s constant abstinence from clearing its outstanding and signing the requisite agreement.

    While rest of Mangalore on CCC and ICN’s network continues to enjoy the channels of Zee Turner, close to 50,000 subscribers of OCN Network are deprived of channels like CNN, Zee Cinema, Zee TV, HBO, Cartoon Network, Pogo due to default on OCN’s part.

    Zee Turner Ltd. CEO Arun Poddar said, “We are concerned about our viewers and still trying to negotiate with OCN and have kept all our channels of communication open. We have shared an extremely healthy relationship with OCN in past and are positive of resolving the issue in an amicable manner.”

    It is to be noted that as per the regulation of the Telecom Regulatory Authority of India (Trai), if a cable operator drops a channel or bouquet of channels from his network, he is required to reduce the price of such channel/bouquet to be charged from his customers/households. The viewers are, therefore, entitled and may ask for reduction in price from their monthly cable bill if these channels are missing due to such switch off.