ITV

Tag: music awards

  • ETC Networks to buy back equity shares in open market

    ETC Networks to buy back equity shares in open market

    MUMBAI: ETC Networks has decided to buy back the company’s equity shares up to 10 per cent of paid up capital from the open market at a maximum price of Rs 50 per share.

    “The company had cash resources and we thought this would be the best way to return value to the shareholders. This will only improve the earnings per share and provide higher earnings for the shareholders,” says ETC Networks director finance Vikas Gupta.

    With the buyback, Zee Telefilms’ holding in ETC Networks will go up from 51 per cent to around 56 per cent, Gupta adds.

    ETC’s board also met today to approve the audited results for the last quarter and year-ended 31 March 2005. The Board has recommended a dividend at Rs 1 per share (10 per cent) for the year ended 31st March 2005.

    Net profit dipped to Rs 8 million for the last quarter of the fiscal, from Rs 79.2 million a year ago. “Because of the merger with E-Connect we had a tax benefit last year. There was no such tax shelter this year,” explains Gupta.

    Total income, however, grew to Rs 120.1 million as against Rs 108.8 million. Profit before tax also rose to Rs 14.6 million, up from Rs 10.6 million during this period.

    Net profit for the financial year ended March 31 2005 decreased to Rs 72.2 million, as against Rs 157.8 million a year a year ago. Total income, though, increased to Rs 478.7 million, up from Rs 443 during this period. “There was a nominal decrease in the operating profit for the year due to our increased spend on programming and marketing expenses,” says Gupta.

    Along with many small events, the Company has recently conducted mega events like Baisakhi Blast´ and Punjabi Music Awards. “ETC Music has lined up seven musical events to enrich its Saturday programming. With these events, the Company has opened up new revenue streams which will have substantial impact on revenue and profits,” Gupta adds.

  • MTV Music Awards surf back to Miami

    MTV Music Awards surf back to Miami

    MUMBAI: The 2005 MTV Video Music Awards (VMAs) will return to Miami in the sunshine state of Florida for the second year in a row. The 22nd edition of the show will take place at the American Airlines Arena on 28 August.

    MTV Networks president Van Toffler said, “Miami radiates an energy that was clearly visible in last year’s show–the arrivals by yacht, the six different stages, the countless amazing performances, and much more. The support from the local community really made the decision to return to Miami an easy one for us.

    “The mayors, Greater Miami Convention & Visitors Bureau, the local community leaders, the American Airlines Arena, and especially the South Floridian fans have made the VMAs and MTV feel at home in Miami.”

    Miami played host and backdrop to the 2004 VMAs. This was the first time in the 21 year history of the show it has been broadcast from a city other than New York or Los Angeles. OutKast and Jay-Z topped the list of winners with four Moon Men each.

  • Channel 4 acquires rights for British Asian Music Awards

    Channel 4 acquires rights for British Asian Music Awards

    MUMBAI: This is a music awards show that targets the Asian diaspora in Britain. UK broadcaster Channel 4 has acquired the rights for the British Asian Music Awards (BrAMAs) with B4U Music.

    The ceremony will be hosted by Radio 1s Nihal and takes place on 24 March 2005 at Cirque, Leicester Square. The show will feature collaborations by the hottest British Asian Artists and select winners in 15 award categories. The BrAMAs with B4U Music will be broadcast on Channel 4 on 27 March (Easter Sunday) at 11.30 pm.

    The show, produced by Zeal Television, will showcase a mixture of popular mainstream and Asian personalities. Additionally Channel 4s weekend block T4 will introduce and welcome the BrAMAs nearer the time.

    B4U subscribers can view a specially extended programme bursting with unseen exclusive footage and backstage interviews the following week.

    Channel 4 head of schedules, Music and T4 and Youth Jules Oldroyd says, “Brit-Asian music continues to grow in the UK. We are keen to assist the BrAMAs to reach a wider audience. We can see the British Asian Music Awards becoming an exciting date in the music events calendar and look forward to this years event.

  • The Osbournes hang up their Reality TV boots

    The Osbournes hang up their Reality TV boots

    MUMBAI: The reality show The Osbournes may have been a big hit on MTV across the globe but former rock star Ozzy Osbourne has decided that he has had enough of it.

    At the recent MTV Europe Music Awards Osbourne said that after the current third season is completed he and his family will not be returning.

    Reports indicate that the show made the family over $80 million. It also resurrected CD sales of the former Black Sabbath frontman. Unfortunately his children had difficulty coping with the sudden thrust into the spotlight. Two of them fought the menace of drug addiction and alcoholism. Another daughter Amy refused to be part of the show.

    Ozzy was quoted in a BBC News report saying, “At the end of it I didn’t like having cameras around the house all the time. When you watch a 25-minute episode, you don’t realise that I’ve been filming all day. I suppose Americans get a kick out of watching a crazy Brit family like us make complete fools of ourselves every week.”

  • Fox looking at music awards show ‘American Top 40’

    Fox looking at music awards show ‘American Top 40’

    MUMBAI: Fuelled by the success of the music based reaIity show American Idol, Fox has announced it will come out with a music awards show in the US.

    The show has tentatively been named American Top 40 Awards. It is expected to air next year on the Rupert Murdoch owned broadcaster. The broadcaster has signed a deal with Ryan Seacrest to host and serve as the executive producer. Seacrest also hosted American Idol.

    The aim of Fox is to expand on Premiere Radio Networks syndicated American Top 40 countdown show. Hosted by Seacrest the show showcases the biggest songs of the pop music genre in the US. Since Seacrest took the reins, his American Top 40 audience continues to grow.

    Fox’s special will recognise the hottest solo artists, groups and songs in pop music, based on the year’s leading performers on the radio show. It will incorporate performances by musical acts. By focussing on pop, this awards show aims at breaking new ground to salute the music industry’s most recognisable and encompassing genre of music.

    Premiere Radio Networks syndicates American Top 40 on nearly 200 stations across the US. The company’s [resident and COO Kraig Kitchin said, “American Top 40 has had a loyal following for the last 30 years. Therefore bringing that audience to a televised awards show is a smart move. We’re very excited about Ryan teaming up with Fox to do this.”

  • MTV Immies music awards to be held in December

    MUMBAI: MTV India and the Indian Music Industry (IMI) today unveiled what they claimed is India’s first music awards – the MTV Immies.
    The MTV India awards ceremony, the inkling of which was first given by indiantelevision.com as far back as in April (read report MTV India Music Awards on the anvil?), is scheduled to be held on 12 December at the Goregoan Sports Club in Mumbai.


    Coinciding with 100 years of the Indian recording industry, the award ceremony will bring together a galaxy of local and international stars.
    The Immies was announced today in Mumbai jointly by Universal Music company chairman and IMI president Vijay Lazarus, MTV Networks India MD Alex Kuruvilla and Bharti Cellular CEO Atul Jhambh. Also present on the stage were Sony Entertainment TV India CEO Kunal Dasgupta and music maestro (and Bharti Cellular brand ambassador) AR Rahman.
    Lazarus stated that, for the inaugural year, they planned to give away 23 awards in all – which will cover the ‘films’, ‘pop’, ‘international’, ‘special’ and ‘others’ genres. Categories run across films to spiritual music, Indipop to devotional, ghazal to international. Among them will be an inspiration/special recognition award for outstanding contribution to music over the years.
    Kuruvilla mentioned that they might have awards instituted to honour excellence in different linguistic categories, as well. Kuruvilla pledged that the awards ceremony will be a longterm commitment. He said that after MTV Music Awards, MTV Europe Music Awards, MTV Asia Music Awards the next step naturally was the MTV India Music Awards.
    Enter Dasgupta. “Dekho, dekho, dekho/ Immie dekho/ Sabse pehle Sony pe dekho”, sang the Sony CEO and immediately got the desired effect – the audience was in splits!
    Dasgupta spoke about his channel’s role in the award. With the channel having bagged the rights for numerous other events like the Filmfare Movie Awards, Femina Miss India Awards, the Mega Model Contest and Abby Awards and concerts of A R Rahman, Lata, Ismail Durban, Shah Rukh Khan – the award is an important addition to their portfolio, he said.
    Others present at today’s press conference were IMI executive members including Tips chairman Kumar Taurani, Venus chairman Ganesh Jain, Crescendo managing director Suresh Thomas, EMI virgin managing director Mohan Mahapatra, Sony managing director Shridhar Subramaniyam, Universal managing director Rajat Kakkar, Sa Re Ga Ma vice president Atul Chiromani, Times Music vice president Ravi Bhatnagar and Venus vice president Champak Jain.
    About Immies
    The awards – presented by cellular service Airtel – is scheduled to be aired simultaneously on MTV and Sony Entertainment Television, on 14 December 2003. The event will be co-sponsored by LG Electronics and Maruti Alto.
    The awards ceremony will also have a rerun on Sony Group’s cricket and events’ arm, MAX.
    Nominations for the Immies have been invited from any artiste who has released a song in the Indian market , in Hindi or Punjabi between 15 September 2002 and 14 September 2003. Kuruvilla said that the Indian Market Research Bureau (IMRB) International, a leading research agency, along with IMI and MTV, will manage the entire nomination and voting process. Any artiste performing in India is eligible for nomination, he specified.
    IMRB will conduct a quantitative study of the nominations received in the popular categories across seven cities (Mumbai, Delhi, Kolkata, Bangalore, Lucknow, Indore and Hyderabad).
    The final nominations of the popular categories will then be put up for a ‘Viewers Choice Vote’ on MTV. Viewers can vote for their favourite nominees via mtvindia.com, SMS or through on-ground polling booths at MTV hangouts.
    In the ghazal, devotional/spiritual and classical /fusion categories, the winners will be decided by a jury consisting of IMI and MTV members. The duo’s International Label Committee will take a call on the international winners. A separate executive nomination committee will de
    The channel will plug in the awards via a big bang multimedia marketing campaign. For four months this year, the channel will brand itself as ‘Awards TV’. Over 80-hours programming and over 1,700 promos will be dedicated to the awards.
    Campaign will be supported by print advertising in national dailies and magazines, outdoor billboards across four cities, a 10-city ground contact programme and online promotions on the channel website.

  • Scotland to host MTV Europe Music Awards in November

    LONDON: Come November and the celebrity-studded MTV Europe Music Awards will be held at the Ocean Terminal in Leith, Edinburgh, Scotland.
    The BBC Website has reported that Scotland fought off competition from Copenhagen and Belfast to hold the event. The week-long event is expected to provide a major tourist boost as it would attract thousands of visitors. The event will also be beamed live into the homes of millions of people around the globe.
    Media reports indicate that Kylie Minogue and Madonna could be among the artists who could make their appearances.
    Rapper Eminem was the big winner in 2002, picking up awards for best male artist, best album and best hip-hop artist. He beat Robbie Williams – the previous years winner. Kylie Minogue picked up two prizes, as did rockers the Red Hot Chili Peppers and Linkin Park.
    Some of the biggest names in pop and rock gathered for the 2002 MTV Europe awards, which was watched by a 12,000-strong live crowd (including Pierce Brosnan and Pamela Anderson) and millions more around the world on TV.

  • MTV India Music Awards on the anvil?

    MTV India Music Awards on the anvil?

    MUMBAI: The original was the MTV Music Awards. Then came the MTV Europe Music Awards. The MTV Asia Music Awards had their second run in January. The natural next step would appear to be the MTV India Music Awards. And if the discussions going on at present bear fruition, that might just happen by this year-end.

    Though no deal has been signed and delivered, discussions have reached a serious stage to hold an MTV India Music Awards around October-November, industry sources close to the matter say.
     

    MTV India and the industry umbrella body – the Indian Music Industry (IMI) – are reportedly working out the logistics to hold what will be the “Indian chapter” of what has become an iconic event for youth across the globe.

    Indian musicians and their fans would certainly welcome such a move considering the short shrift given to Indian artistes at the MTV Asia Awards, which has more of a Far Eastern cultural sensibility.

    Whether any big international acts like Avril Lavigne, or Robbie Williams would deign to come down for something like this remains to be seen. But the success of the recent Rolling Stones tour to India may just sway the uppity types (and Mr Williams certainly falls in that category). A real coup though, would be if multiple-Grammy Award winner and the flavour of the season Norah Jones (Ravi Shankar’s “estranged” daughter) could be persuaded to perform.

    And how successful would the awards be? Previous music awards – The Channel [V] Music Awards – ran for a couple of years before they were discontinued. MTV will have to tread carefully to ensure that they don’t go the way the earlier awards went. Also Zee has been running its Sangeet Awards – though they were of a different meter.