ITV

Tag: Prannoy Roy

  • NDTV, Astro launches Astro c in Indonesia

    NDTV, Astro launches Astro c in Indonesia

    MUMBAI: NDTV and Astro jointly announced the launch of a 24 hour news, infotainment and lifestyle channel called Astro Awani in Djakarta, Indonesia. The language of the channel is primarily Bahasa Indonesia. Astro Awani is the first channel launched by NDTV outside of India.

    With this launch Astro Awani becomes the first news channel in Astro’s bouquet, and will be distributed throughout Indonesia on PT Direct Vision’s platform, that is currently licensing the ‘Astro’ trademark. Astro is expected to complete its 20 per cent investment in PT Direct Vision soon, states an official release.

    “Astro Awani has been launched to provide incisive, up-to-the-minute news, lifestyle, debate, current affairs and infotainment to discerning viewers in Indonesia. By partnering with NDTV, we’ve ensured that we bring nothing less than the best practices in news gathering and infotainment programming to our viewers,” says PT Direct Vision CEO Nelia Sutrisno.

    Commenting on the launch, Prannoy Roy of NDTV said, “This is a landmark for NDTV. For India’s media industry this is the first time that an Indian company has launched a news and infotainment channel outside India in partnership with an international media company. We regard this as one our most exciting new ventures and look forward to launching many more channels outside India in the future.”

    Astro Awani fills the need for an information-based channel in Indonesia. Aimed at urban educated viewers around Indonesia, the channel is in the local Indonesian language – Bahasa Indonesia. The content is made up of news bulletins, current affairs shows, lifestyle programming and documentaries, adds the release.

  • NDTV employs opt-out telecast for southern-India

    NDTV employs opt-out telecast for southern-India

    MUMBAI: The Prannoy Roy-promoted NDTV Ltd can now offer region specific programming with the introduction of opt-out telecast technology.

    NDTV 24X7 today announced the launch of Southern Edition, a daily news programme for its viewers in Southern India. Starting 12 June, the viewers in the states of Tamil Nadu, Karnataka and Kerala will be able to watch region specific news and programmes. The southern specific telecast will be extended to Andhra Pradesh soon. 

    Opt-out telecast allows NDTV 24X7 to air Southern Edition while the rest of the country continues to watch the national telecast.

    Explaining the technology, an official release states that the entire process of opt-out programming is done automatically through the satellite without any physical intervention. The set-up involves individual boxes that are programmed to receive and switch frequency at the desired time to opt-out of the regular feed and again switch back to the main channel feed when the opt-out is over, with a two second changeover between the switch. The opt-out telecasts are common in terrestrial networks where the local station replaces the national beam with a local broadcast, but very few satellite broadcasters have carried out this kind of programming.

    The southern specific telecast will be extended to Andhra Pradesh in due course. The company is also planning to expand the region specific telecast through the opt-out technology across all the three channels  NDTV 24×7,NDTV India and NDTV Profit.

    Southern Edition will air every weekday on NDTV 24×7 at 7:30 pm. On weekends, the channel will bring a bouquet of special programs for the viewers of these states, the statement says.

    Meanwhile, if everything goes well, the news broadcaster could soon be targeting the launch of metro-centric channels. Rival news broadcaster TV Today has already launched a Delhi and national capital region specific channel named Dilli Aaj Tak.

  • Manic Monday: Media scrips join Sensex free fall

    Manic Monday: Media scrips join Sensex free fall

    MUMBAI: It was truly a Manic Monday for Dalal Street. For the second time in the indices’ history (the first being on 17 May, 2004), trading was suspended at the BSE this morning. The Sensex fell by a whopping 1111.70 points in the morning trade below 10,000 to settle at 9,826.91.

    However, it recovered substantially to close at 10,482 down 457 points. The NSE Nifty, on the other hand, closed at 3081 down 166 points. Media stocks, like the predominant market sentiment, were on a downslide.

    In order to avoid pandemonium in the market, Sebi chief M Damodaran asked people not to go by rumours but to take informed decisions. According to him, Sebi was in touch with the RBI and there were no liquidity problems.

    Among the entertainment and media stocks, one company that managed to beat the heat on the bourses was Times Group company Entertainment Network India Ltd (ENIL), which operates the Radio Mirchi brand. The company’s stocks opened at Rs 239.85 and closed higher at Rs 241.10, thus registering a marginal gain of 0.63 per cent.

    The biggest loser today was Prannoy Roy’s NDTV Ltd. The stocks of NDTV opened at Rs 220 today and closed at Rs 190, weaker by 13.64 per cent. Mid-Day Multimedia, on the other hand, recorded a drop of 11.82 per cent and closed at Rs 61.15 (previous close Rs 69.35).

    Pritish Nandy Communications shed 10.14 per cent to close at Rs 45.65 from its previous close of Rs 50.80. Hinduja TMT; which on Friday 19 May took the deepest plunge, going down by Rs 48.30 to close at Rs Rs 701.75; today dropped 3.10 per cent to close at Rs 680.

    Sahara One Media and Entertainment Ltd and BAG Films both shed around eight per cent in today’s bloodbath. TV Today Network was weaker by 7.76 per cent to close at Rs 81.45 at the end of the day’s trade. K Sera Sera also lost 7.45 per cent and ended the day at Rs 36.05. Television Eighteen shed 5.18 per cent (down Rs 32.95 from yesterday closing at Rs 603.20).

    Company
    Last Traded Price
    Previous close
    Change
    Per cent change
    Adlabs Films
    Rs 267.30
    Rs 271.45
    Rs -4.15
    -1.53
    BAG Films
    Rs 9.63
    Rs 10.54
    Rs -0.91
    -8.63
    Balaji Telefilms
    Rs 139.95
    Rs 147.00
    Rs -7.05
    -4.80
    Cinevistaas
    Rs 21.45
    Rs 22.55
    Rs -1.10
    -4.88
    ENIL
    Rs 241.10
    Rs 239.60
    Rs 1.50
    0.63
    ETC Networks
    Rs 37.65
    Rs 38.50
    Rs -0.85
    -2.21
    Galaxy Ent
    Rs 251.15
    Rs 260.95
    Rs -9.80
    -3.76
    Gemini Comm
    Rs 420.00
    Rs 433.30
    Rs -13.30
    -3.07
    Hinduja TMT
    Rs 680.00
    Rs 701.75
    Rs -21.75
    -3.10
    Jain Studios
    Rs 27.60
    Rs 29.00
    Rs -1.40
    -4.83
    K Sera Sera
    Rs 36.05
    Rs 38.95
    Rs -2.90
    -7.45
    Mid-Day Multimedia
    Rs 61.15
    Rs 69.35
    Rs -8.20
    -11.82
    Mukta Arts
    Rs 42.95
    Rs 45.20
    Rs -2.25
    -4.98
    NDTV Ltd
    Rs 190.00
    Rs 220.00
    Rs -30.00
    -13.64
    Pritish Nandy
    Rs 45.65
    Rs 50.80
    Rs -5.15
    -10.14
    Sahara One Media
    Rs 324.00
    Rs 354.00
    Rs -30.00
    -8.47
    Saregama
    Rs 241.65
    Rs 254.05
    Rs -12.40
    -4.88
    Sun TV
    Rs 1159.55
    Rs 1192.35
    Rs -32.80
    -2.75
    TV Eighteen
    Rs 603.20
    Rs 636.15
    Rs -32.95
    5.18
    TV Today
    Rs 81.45
    Rs 88.30
    Rs -6.85
    -7.76
    UTV
    Rs 176.00
    Rs 183.55
    Rs -7.55
    -4.11
    Zee Telefilms
    Rs 228.20
    Rs 229.60
    Rs -1.40
    -0.61

    In the vicinity of the one – five per cent loss incurred by companies were the likes of Mukta Arts (-4.98 per cent), Cinevistaas (-4.88 per cent), Saregama (-4.88 per cent), Balaji Telefilms (-4.80 per cent), Jain Studios (-4.83 per cent), UTV (-4.11 per cent), Sun TV (-2.75 per cent), ETC Networks (-2.21 per cent), Adlabs Films (-1.53 per cent).

    Media major Zee Telefilms had a relatively quiet day at the bourses, closing at Rs 228.20 down a minimal -0.61 per cent from yesterday’s last traded price of Rs 229.60. On the Nifty, meanwhile, Zee ended the day at Rs 227.40, down 1.22 per cent from yesterday’s close of Rs 230.20.

    The big question on every market punter’s mind at the moment seems of course to be just how low will low go. When will the “market correction” bottom out is something no one seems to be able to hazard a guess on currently.

  • NDTV 24X7 to air ‘The Two Year Mark’ on 21 May

    NDTV 24X7 to air ‘The Two Year Mark’ on 21 May

    An NDTV special presentation The Two Year Mark airs on Sunday 21 May at 9:30 pm on NDTV 24X7. It takes a close look at the tenure of prime minister Manmohan Singh’s government.

    Prominent Indians from across the country will join Barkha Dutt and Prannoy Roy live in studio to share their thoughts on the PM and his government.

    The special will also announce the results of an NDTV-Mode nationwide poll of 4000 urban and rural voters in 16 states, representing the views of Indians, on the same.

    So is the PM capable of making tough decisions? Or has he been overshadowed by Sonia Gandhi? Will Manmohan Singh’s goverment last its full term? To be a part of this debate, tune into NDTV 24X7 Sunday night at 9:30 pm.

  • NDTV clocks 24.5 % growth in FY06; revenues Rs 2.24 billion

    NDTV clocks 24.5 % growth in FY06; revenues Rs 2.24 billion

    MUMBAI: Prannoy Roy’s NDTV has recorded 24.49 percent growth in fiscal 2005-06 with total revenues of Rs 2.239 billion.

    NDTV’s revenues were up from the Rs 1.798 billion recorded in fiscal 2004-05, the company has stated.

    Q4 FY’ 06 saw NDTV hitting its highest ever revenues at Rs 704.4 million versus Rs 497 million in the corresponding quarter of the previous year, representing a 41.73 per cent year-on-year growth.

    Expectedly, the rise in personnel costs took a huge chunk out of the company’s net with profit after tax after ESOP for Q4 FY’ 06 standing at Rs 20.1 million. If ESOPs are discounted then net profit for Q4 has increased 22 per cent to Rs 125.5 million as against Rs 102.9 million in Q4 FY’ 05. There were no ESOPs granted last year.

    Following the results, NDTV has declared a dividend of 20 per cent.

    BUSINESS HIGHLIGHTS

    During the year the company made significant investments in building new businesses and strengthening and consolidating its existing business.

    NDTV’s advertising base has seen an impressive growth this year. The network has added 637 new advertisers and 810 new brands in its portfolio, taking its advertising universe to over 2000. A reflection of the group’s marketing strength is also the strategic tie-up with the Microsoft Network, under which NDTV’s subsidiary, NDTV Media Ltd represents and carries out all marketing activity for MSN exclusively in India.

    The reach of the NDTV News Network’s unduplicated reach amongst C&S households has increased to 90.8 per cent, the highest amongst all news networks. NDTV has also extended its global presence across Africa, Asia, Europe and the US. This year it entered into strategic tie-ups with DirecTV, BskyB and ATN to launch NDTV 24×7 in the US, UK and Canada respectively.

    NDTV’s website ndtv.com has emerged as India’s number one news and television portal, attracting over 200 million page views and 1.2 million unique visitors every month. The focus on monetizing the website by adding transaction based portals – Travel, Gadgets, Shopping, Commodities, Profit, Movies and Music, has begun to drive revenues this year.

    “In this year the company has put in significant investments into building new businesses and going forward we are committed to maximizing shareholder value by capitalizing on these investments,” NDTV chairman Dr Prannoy Roy was quoted in the statement as saying.

    Additionally, NDTV has entered into an agreement with Genpact a leading business and technology services company, to jointly offer outsourcing services to the global media and entertainment industry. This is the first of its kind Media Process Outsourcing company in India which will focus on providing cost effective, high quality media services.

    This year also heralded NDTV’s entry into high end-consultancy for news services. The company has entered into a joint venture agreement with Astro Broadcast of Malaysia to provide consultancy for setting up news channels in Malaysia and Indonesia. The Indonesian channel will be launched shortly.

    The NDTV Group, together with other strategic investors, also acquired a minority shareholding in 3 radio companies that hold licenses for FM radio broadcasting in Mumbai, Delhi and Kolkata under the brand name of RED FM. The company sees tremendous cross media synergies in extending its presence in the radio sector.