Tag: Star news channel

  • FIBP clears Star News FDI proposal

    FIBP clears Star News FDI proposal

    NEW DELHI: The Foreign Investment Promotion Board (FIPB) today cleared the application by Media Content Communications Services (MCCS) India, the holding company for the Star News venture here, to infuse foreign equity amounting to 26 per cent from Star News Broadcasting Ltd.

    MCCS has sought permission from the Indian government to uplink content for the Star News channel.

    The clearance came after the information and broadcasting (I&B) ministry gave its go ahead for the same.

    What this means is that now the impediments have been removed for a final permission from the I&B ministry for long-term uplink from India, senior I&B ministry officials said. However, the I&B ministry can still ask questions and seek clarifications from MCCS.

    MCCS proposes to have a paid-up capital of Rs 625 million according to an application submitted to the government on 22 September.

    The authorised share capital of the joint venture between the Aveek Sarkar family-controlled ABP Pvt Ltd and Star Group Pvt Ltd, the application had said, would be Rs 700 million, while the current paid-up capital is Rs 100,000.

    MCCS is the company that would uplink and look after the affairs of Star News from India wherein ABP holds 74 per cent equity stake and Star has a 26 per cent shareholding. The former shareholders of MCCS, including ad man Suhel Seth and Balaji Telefilms chairman and actor Jeetendra, were bought out by ABP.

  • No conclusions on Star deal says Hindustan Times’ Bhartiya

    NEW DELHI: ,-owned Hindustan Times Ltd, is keeping all its options open, including a deal with the Rupert Murdoch-controlled Star India, but said no “conclusions” have been reached yet.

    “We are aware of the developments,” Hindustan Times (HT) vice chairman and Birla’s daughter Sobhana Bhartiya said when asked about the media reports on a HT-Star truck.

    Asked specifically if HT and Star have been talking to each other formally on a possible joint venture for Star News channel, Bhartiya, said, “No conclusions have been reached.” She also pointed out that Star has been talking to many people regarding a joint venture. She was answering questions from journalists after a meeting with information and broadcasting (I&B) secretary Pawan Chopra this evening.

    Asked whether Henderson Global Investment has picked up 20 per cent stake in HT Media, Bhartiya confirmed the development. However, she did not specify whether the investment was meant only for HT’s proposed Mumbai edition or for the whole group.

    Interestingly, while Bhartiya was meeting the I&B secretary on the sixth floor of Shastri Bhawan, which houses among other ministries the I&B ministry too, arch rival Vineet Jain of Times of India was part of a media delegation that was closeted with I&B minister Ravi Shankar Prasad, on the floor below.

    Bhartiya also said that the investment of Henderson was in line with the guidelines prescribed by the Indian government. She, however, did not specify whether an application to this regard has been moved with the Foreign Investment Promotion Board (FIPB).

    Just for records, Australian media tycoon Kerry Packer has some investments in Henderson.

    Earlier, a section of the media had speculated on the fact that Murdoch was picking up a minority stake in HT. In turn, these reports had said , 51 per cent of Star News was being offered to HT and/or Bhartiyas so that the news channel could conform to guidelines and avoid further controversies that had been hounding Star News for some time. The deal was supposed to have been struck in London.

  • “Sony is a perfect fit for us” : Prannoy Roy NDTV president

    “Sony is a perfect fit for us” : Prannoy Roy NDTV president

    The 50-something president of NDTV, Prannoy Roy, is not only his competitors’ envy and the idol of millions of Indian youngsters aspiring to make it as TV journalists and news presenters in an industry that is slowly throwing up newer opportunities, but also a heart-throb of sorts. His female fan following is said to be legion as the man sporting a salt-n-pepper beard still retains his handsome looks even as his charm off-screen is infectious.

    But Roy remains elusive to the prying media and shy of the limelight, unlike some of his counterparts in the industry. His oft-repeated defence being `let my work speak for me and the organisation’ or `when the time comes, I’ll speak to you.’

    But in recent times, Roy has shed some of his inhibitions and made a few public appearances – one of the rare occasions being Indiantelevision’s Indian Telly Awards in November 2002, where he was bestowed with the Lifetime Achievement honour.

    Repeated requests for interviews have been politely turned down by Roy, who is now poised to convert his TV software company into a broadcasting company. A trained economist, Roy dabbled in psephology before hitting the big time in Indian television towards the latter half of the last decade when the country’s TV viewing choice was more or less limited to Doordarshan.

    If New Delhi Television today claims in promos and audiovisuals that `if it’s news, it must be NDTV’ (as an A/V did during a press conference today to announce a distribution tie-up for NDTV’s two proposed news channels with One Alliance), it is not much off the mark.

    Through its 15 year history, NDTV has striven to better its quality and the technology used. From the revolutionary The World This Week (nominated one of India’s five best TV programmes since Independence) on Doordarshan to the first privately produced nightly news bulletins on DD, The News Tonight, NDTV has always been in the forefront, setting industry standards. No wonder then, that TV personality Vinod Dua, who has worked closely with Roy during his earlier days, feels that NDTV is a true “blue chip TV company.”

    Though, some critics also maintain that a large portion of the success of Roy and NDTV should also be reserved for influential persons in the government and elsewhere who have, in times of need, given that necessary push, the lack of which has sounded the death knell for many an organization in an increasingly competitive world. Still, there is no denying the fact that Roy and his colleagues run one of India’s best news and current affairs outfit.

    Today, as NDTV stands almost at the fag end of its five-year old – at times tumultuous – association with the Rupert Murdoch-controlled Star (NDTV was contracted for producing content for Star News channel), Roy remains as enigmatic as before.

    In this piece, indiantelevision has attempted to collate the replies to various questions that Roy fielded from the media, including us, during a press conference and on the sidelines. The piece also gives some insight into the mind of a person who is gracious when faced with awkward questions (`how would you describe the association with Star now that you two are parting?’), alive to competition and ready to write another chapter in the history of Indian television.

    For reasons of sensitivity and to avoid confusion, the questions have not been attributed to the journalists from various organizations.

    Excerpts:

    What would be the name of the channels that NDTV is launching ?
    This press conference is all about the distribution deal with One Alliance, so I would like to restrict myself to that. But, to answer your question, we’ll reveal all these details (like the name of the channels) at another press briefing. So bear with us till then.

    Which satellite would NDTV be using to beam the channels and will it be an Indian one?
    Again, these are some things, which are not in our hands as the satellite provider would like to announce the association jointly. I promise you these details would be given at another briefing.

    (However, indiantelevision.com learns from industry sources that NDTV would be on to a PanAmSat satellite like many other channels, including Sony)

    “The basic idea is a step up in news genre where we will turn broadcasters and come out with two channels that would be of international standards”

    What sort of investment has gone into or is still being made in the two news channels?
    (Jestingly gives a dollar-denominated figure that sounds outlandish, admits he was joking and requests reference to the figure should not be used)
    You know I actually cannot discuss figures. But be assured we are well funded.

    Is NDTV looking at offloading more equity to FIIs/FIs or other some outside company, apart from what already has been done?
    At this moment, we are not looking at doing that. We are well funded and NDTV is a debt free company.

    “The technology we will be using, will help us do local breakaways to cater to local audience in various places as done in the United States where networks break away for affiliate networks during weather and other such shows”

    What would be the structuring of the company and its subsidiary and their role in managing the news channels?
    For technical reasons, NDTV will manage the English news channel, while NDTV World will manage the Hindi channel.

    Is it right that all association with Star would come to an end on 31 March, 2003 ?
    That’s right. We’ll cease to have an association with Star from that date. The basic idea is a step up in news genre where we will turn broadcasters and come out with two channels that would be of international standards.

    “We hope to bring news channels that’ll have the reach of entertainment channels”

    You mean that Star News was not world class?
    (Smiles) It certainly is of international class. But in our channels, we’ll be introducing more innovations and bring to viewers something that has not been seen here both in hardware and software.

    Would it also mean that NDTV will stop producing the hourly news for Vijay TV that is controlled by Star?
    NDTV will continue to work with Vijay TV.

    Would NDTV continue to make programmes for other channels like Zee and Sony ?
    Certainly we’ll continue doing that. We recently did some cricket programmes for Sony.

    What made NDTV join One Alliance?
    To be honest, we were wooed by others too. In the end, we decided to go with One Alliance as it is a team of extremely professional and talented people. They became the first choice. It also is a perfect fit for us and vice versa. They did not have a news channel (in their fold) and we fitted in. It’s a great step forward for us. We hope to bring news channels that’ll have the reach of entertainment channels.

    What makes NDTV such a hot property ?
    We bring credibility, experience and quality along with TV at international standards.

    Do you think that the Indian market is ready to accept so many news channels as being proposed by various media companies, including NDTV ? What would differentiate each news channel ?
    Globally, there has been an explosion in news channels and India is no exception. We hope to be No.1 in both Hindi and English (language amongst news channels). An Indian viewer is very discerning. Viewers now look for experience, credibility and quality. On that front, we should be able to deliver international standards.

    What are the new features and innovations that you were referring to ?
    New features come both in software and hardware. The boxes (IRDs), for example, come with new features that will have specific addressability for each TV set that receives the signals. We would be using Irdeto software that has not been used in India till now. We are getting the latest and updated version of the software which would help us do many innovations.

    Would you elaborate on the innovations?
    The technology we will be using, will help us do local breakaways to cater to local audience in various places as done in the United States where networks break away for affiliate networks during weather and other such shows. For instance, if we have to show some major traffic problem issue to Mumbai audience, we would be able to breakaway for the Mumbai audience for that happening. The rest of the country can continue watching the national news channel without having to sit through a Mumbai-specific event. Such things are common abroad and we’ll be doing it for the first time in India.

    Does that mean, you can do any number of `breakaways’ in a day and how many places would you start off with ?
    We have the option to do any number of `breakaways’ as the software is a superior one. In the initial phase, we would start off with the metros and do it all ourselves.

    Can the `breakaway’ news for a local region be done in local languages too ?
    Yes, it can be done. We are looking at doing that too at a later stage.

    How has been your association with Star now that you are parting ways ?
    Good.

    Just good? How good?
    (Smiles) No comments and don’t do your usual mischief.

    When is NDTV’s floatation (IPO) coming ?
    (Thinks for a while) No comments.

  • Ravina Raj Kohli to head new Star news channel

    Ravina Raj Kohli to head new Star news channel

    The divorce rumours have been buzzing like bees for some time now. That Star India and news content provider the Prannoy Roy-headed New Delhi Television Ltd (NDTV) are parting ways is clear and all that remains is for this week’s official announcement of the same.

     

     

    Firming up the news of this breakup is the confirmation of gossip that Star India has zoomed in on a head honcho for Star News, an operation that will be run inhouse, with assistance from other news providers. She is none other than former Sony Entertainment programming boss and Channel Nine CEO Ravina Raj Kohli.

     

    Talks between the Kohli and the Star India management have been on for some time now. Kohli has also been involved in setting up her own company Sundial Communications, a company she is keen on developing into a media powerhouse.

    How and where Kohli takes the Star news channel only time will tell, but there is no denying the lady has chutzpah. It is more than a coincidence that hardballed Australian media tycoons of the likes of Kerry Packer (in her Channel Nine Gold days) and now Rupert Murdoch are more than convinced of her credentials.

  • Ravina Raj Kohli to head new Star news channel

    Ravina Raj Kohli to head new Star news channel

    The divorce rumours have been buzzing like bees for some time now. That Star India and news content provider the Prannoy Roy-headed New Delhi Television Ltd (NDTV) are parting ways is clear and all that remains is for this week’s official announcement of the same. 

    Firming up the news of this breakup is the confirmation of gossip that Star India has zoomed in on a head honcho for Star News, an operation that will be run inhouse, with assistance from other news providers. She is none other than former Sony Entertainment programming boss and Channel Nine CEO Ravina Raj Kohli.

    Talks between the Kohli and the Star India management have been on for some time now. Kohli has also been involved in setting up her own company Sundial Communications, a company she is keen on developing into a media powerhouse.

    How and where Kohli takes the Star news channel only time will tell, but there is no denying the lady has chutzpah. It is more than a coincidence that hardballed Australian media tycoons of the likes of Kerry Packer (in her Channel Nine Gold days) and now Rupert Murdoch are more than convinced of her credentials.