Tag: Taj TV

  • TDSAT to hear Hathway and Taj TV on their ‘aggressive’ dispute later this month

    TDSAT to hear Hathway and Taj TV on their ‘aggressive’ dispute later this month

    NEW DELHI: The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) today fixed for final disposal on 25 August the ‘deep-rooted’ dispute between Hathway and Taj TV in public interest, noting that this would require interpretation of certain clauses of some of the statutory regulations.

     

    TDSAT chairman Aftab Alam and member Kuldip Singh said: ‘Unfortunately, the dispute between the two sides is playing out in a highly aggressive way and one may add in a rather unpleasant manner. It seems to be affecting a large number of people in viewing their favourite TV channels. The disputants themselves are approaching the Tribunal on a weekly basis complaining against the actions of each other and seeking some interim directions of the Tribunal consuming a lot of time on arguments on miscellaneous applications.”

     

    The Tribunal noted that both sides have assured the Tribunal that they would avoid issuing the offensive advertisements against each other.

     

    In the order today, the Tribunal directed Taj TV to file their respective replies in petitions nos 319(C) of 2014 and 47(C) of 2014 by 20 August 2014. In case Hathway wishes to file any rejoinder, it should serve a copy of the rejoinder on the other side by 23 August subject to which it may file the rejoinder on 25 August.

     

    The Tribunal noted that the dispute has arisen at a stage when the earlier fixed fee agreement between the parties has come to end and they were unable to come to agreed terms for a fresh agreement and under the circumstances the MSO has no option but to take the broadcasters’ channels on their RIO terms.

     

    Earlier this month, TDSAT had directed Taj Television to restore with immediate effect the signals of Zee TV channels to Hathway Cable and Datacom pending the final hearing a petition by the latter. The broadcaster had switched off signals to the MSO stating that the two hadn’t reached a solution to their problems.

     

    It had also directed Hathway, as an interim measure to make payment of the monthly subscription fees from 1 April 2014 (in case of in case of Kolkata and Digital Addressable System – II areas) and from 1 May 2014 (in case of Delhi and Mumbai) up to 31 July at the of Rs.21.60 cost per subscriber basis.

     

    Zee channels were earlier being distributed to Hathway by Media Pro but the latter was not in a position to renew the agreements. In view of the Regulations issued by the Telecom Regulatory Authority of India around the same time the earlier agreements came to end.

               

    Thus, the Zee group of channels came to be handled by Taj Television. But when discussions between Hathway and Taj Television for Zee TV channels failed to yield any results, Taj TV on 26 June sent the RIO based agreement executed from its side. There was delay on the part of Hathway in executing the RIO based agreement and in the meanwhile Taj Television issued the disconnection notice under regulation 6.1 on 8 July 2014 and the public notice under regulation 6.5 on 11 July 2014. However, Hathway later counter-signed the RIO based agreement and sent it back to Taj Television which refused to accept a cheque sent by Hathway. This led to the petition by Hathway. 

  • Taj TV conducts raids against Navi Mumbai hotels for signal piracy

    Taj TV conducts raids against Navi Mumbai hotels for signal piracy

    MUMBAI: Sports broadcaster Taj Television has said that it has conducted raids against two hotels in Navi Mumbai for pirating signals of its channels.

    The sportscaster said it had filed FIR against The Park, Belapur and Royal Orchid Central Grazia for showing their channels without any agreement.

    Taj TV owns and operates Ten Sports, Ten Cricket, Ten Action+, Ten Golf and Ten HD.

  • Zee Telefilms picks up 50% stake in Ten Sports

    Zee Telefilms picks up 50% stake in Ten Sports

    MUMBAI: Zee Telefilms Ltd. has acquired 50 per stake in Ten Sports in an all-cash deal for $57.15 million.

    Confirming the development Essel Group CEO of corporate strategy and finance Rajiv Garg said, “The acquisition has been made with the enterprise value of Ten Sports at $114.3 million.”

    Ten Sports was in prolonged discussions with Sony Entertainment Television (SET) India, but talks were called off as differences on valuations could not be ironed out.

    Zee will have controlling interest in Taj TV as in the seven-member board, it will have four representatives while Abdul Rahman Bukhatir (Taj TV promoter) will have three.

    Zee has the option to hike its stake in Taj TV after 2009. The price of the balance 50 per cent will be decided at that stage by the two companies and an independent valuer.

    “This acquisition is an important step from Zee towards consolidation in the media industry. We are confident that this will add significant value for the shareholders of Zee. The acquisition of a stake in Ten Sports not only gives us a strong foothold in the arena of sports broadcasting across Asia but also strengthens our operations in the Middle East.

    “I have known Bukhatir for some time now and have the greatest respect for him as a businessman and his leadership as one of the most successful conglomerates in the Middle East and more particularly, the achievements that he has had in the areas of manufacturing, retail, construction, and especially the way he has popularised cricket in the Middle East. I am certain that our joint partnership will result in a mutually beneficial relationship,” said Zee Telefilms chairman Subhash Chandra.

    Taj TV’s average annual revenue for the next three financial years will be around $50 million, Zee said in a statement today. The average annual EBITDA is expected to be $14 million during this period. The Taj TV financial statements shall be consolidated on a line by line basis in Zee’s books.

    Ten Sports operates separate beams in the Middle East, Pakistan, Sri Lanka, Bangladesh and Hong Kong. Besides, it has rights to leading cricket properties like Pakistan Cricket Board, Sri Lanka Cricket Board and the West Indies Cricket Board. “These rights combined with the BCCI neutral venue rights that Zee Sports has, creates the single largest repertoire of cricket programming. Among the other sports, Ten Sports also has rights to the UEFA Champions League, WWE, US Open, Hockey World Cup, which rate amongst the most popular programs in India. Zee Sports also has the rights to Indian football, Davis Cup, WTA, Italian Serie A. Both the sports channels will be able to leverage these properties to its maximum potential across both the platforms,” the release said.

    Ten Sports is distributed by SET-Discovery’s One Alliance and is guaranteed minimum subscription revenues.

    Commenting on the deal, Bukhatir said, “Sports television is an extremely challenging business, and yet we have in a short time established ourselves as a major player. I believe that we will now take Ten Sports to unprecedented heights by joining hands with Zee and Chandra. I have the utmost respect for him as a business man and I have been very impressed by the leadership position he and his team have staked out in every line of the media business, from content to cable to DTH to international. Ultimately, I see our partnership as one which will change the industry.”

    Zee Sports and Ten Sports will draw synergies from each other in operating in the Asian market place. The two will work out plans to share the sports properties between the two channels. Also sharing of different language commentaries will be worked out. “This move would consolidate the number of sports broadcasters in India, thereby bringing about a price correction in the burgeoning rights fees for various sports properties,” the release pointed out.

    Expanding on the benefits of the deal, Zee Sports business head Himanshu Mody said,”The addition of Ten Sports gives us a significant strength, enabling further effective exploitation of all our sports properties. The operational synergies between Zee Sports and Ten Sports would be tremendous and we should be able to run the two channels at much better economies of scale.”

    The Zee scrip reacted positively today, gaining 3.33 per cent to close at Rs 341.65, after touching an intra-day high of Rs 345.50.

  • Taj TV to produce Cricket Plus channel for DirecTV in the US

    Taj TV to produce Cricket Plus channel for DirecTV in the US

    MUMBAI: Taj TV has reached an agreement with US pay TV platform DirecTV to produce its new Cricket Plus Channel which goes on air later this month.

    Taj TV operates the channel Ten Sports in India.
    The 24 hour cricket channel has rights to all ICC competitions for the North American territory as well as cricket from the West Indies, Sri Lanka, Australia, New Zealand, South Africa and Zimbabwe.

    DirecTV will broadcast matches live, on a pay-per-view basis, while Cricket Plus will show delayed coverage of matches as well as broadcasting same day highlights.

    Along with the cricket coverage the channel will also broadcast daily sports news bulletins as well as other sports relating to the South Asian community living in the U.S. such as hockey. Cricket Plus has acquired the rights to broadcast live all the major international hockey events including the men’s and women’s world cups and the Champions Trophies.

    DirecTV VP international programming Aaron McNally says, “Cricket Plus is an exciting new addition to our cricket programming lineup and we believe it will attract a large and loyal following among DirecTV customers. With its 24-hour, in-depth coverage, this is the perfect channel for cricket lovers and we’re pleased to be the exclusive provider of Cricket Plus in the United States.”

    The Dubai based Taj TV says that it already has experience in running some of the best known sports channels for a variety of clients through its Dubai Media City operation, currently handling Ten Sports Middle East, Ten Sports India, Ten Sports Pakistan, ART Prime Sport, Showtime Sportsnet, Showtime Sportsnet America and Citrus TV.

    Taj Television CEO Chris McDonald said, “Taj TV is delighted to have entered into this agreement with DirecTV. With the expertise within our organisation working on Cricket Plus, the US market is assured of a first class cricket channel.”