ITV

Tag: Videocon

  • Cable industry veteran Lt Col VC Khare passes away

    Cable industry veteran Lt Col VC Khare passes away

    KOLKATA: Cable TV expert, retired Lt.Col VC Khare has passed away. He contributed to the cable TV industry in India at different roles for nearly three decades.

    He was a member of the Bureau of Indian Standards (BIS) where he played a significant role in formulating 8 BIS Specification for cable TV hardware. He published over 30 papers on cable television.

    The cable industry veteran was also a part of Broadcast Engineering Consultants India Ltd. (BECIL). During his stint at BECIL, he established the Wireline Broadcasting Division and set up training in collaboration with SCTE UK in India.

    He also worked with renowned brands like Videocon, Reliance Communications. At Videocon, he guided the setting up of d2h earth station for its DTH platform. At Reliance Communications, he set up Reliance Digital DTH platform from concept to service on screen.

    Khare was very vocal about industry issues like DAS implementation, new tariff order roll out. He spoke at different forums to share his expertise with the operators.

    At the early part of his career, he was associated with the Indian army for 24 years. He got his education on telecommunications engineering in the field of military communications from the Military College of Electronics and Mechanical Engineering Secunderabad.

  • Dish TV adds 42K subscribers in Q2 2020

    Dish TV adds 42K subscribers in Q2 2020

    BENGALURU: India DTH major Dish TV India Ltd (Dish TV) reported 42,000 net subscriber additions for the quarter ended 30 September 2019 (Q2 2020, quarter or period under review), During the six-month period ended 30 September 2020 (H1 2020), the company says that it added 251,000 net subscribers. The company reported  subscription revenue of Rs 79.2 crore for the quarter under review.

    With programming cost becoming a pass-through item in the New Tariff Regime, subscription and operating revenues for the quarter are not comparable with the corresponding period last year.

    Dish TV’s operating revenue in Q2 2020 declined 44 percent to Rs 893.18 crore from Rs 1,594.29 crore. The company reported a net loss of Rs 96.37 crore for Q2 2020 as compared to a profit of Rs 19.73 crore in the corresponding year ago quarter. EBITDA for Q2 2020 was Rs 540.46 crore, which was 3.7 percent lower than the Rs 540.62 crore in Q2 2019.

    Company Speak

    The company claims in a media release, that the seasonally weak second quarter came bundled with other external challenges this time. Slowing subscriber additions due to a not so robust macro-economic environment, price undercutting by peers, along with heavy rains and flooding in many parts of the country made subscriber acquisitions and retention a challenging task. Dish TV India however chose to be resilient making the best

    of every opportunity coming its way.

    “Setting aside the price undercutting resorted to by some peers in parts of the country, Dish TV India maintained a fine balance between subscriber acquisition and the cost of such acquisition. The company intentionally avoided adding extremely value conscious subscribers,” said Dish TV group CEO Anil Dua.

    Dish TV CMD Jawahar Goel said, “It is evident that even in the New Regime, there has been a propensity to push low rated channels into bouquets with the objective of increasing the viewership of high rated channels. If the Regulation gets implemented in entirety, there would be better pricing that would ensure wider consumption of channels. Content would be subject to subscriber’s filtration and as a distributor we would only be procuring popular content that sells.”

    Let us look at the other numbers reported by Dish TV

    Total Income for Q2 2020 declined 44.3 percent y-o-y to Rs 896.77 crore from Rs 1,609.96 crore. Total Expenditure for the period under review declined 44.3 percent y-o-y to Rs 879.67 crore from Rs 1,580.35 crore.

    Operating expenses in Q2 2020 declined 77.6 percent y-o-y to Rs 193.48 crore from Rs 864.77 crore. Employee benefits expenses in Q2 2020 declined 29.7 percent y-o-y to Rs 44.03 crore from Rs 62.62 crore. Other expenses in Q2 2020 increased 8.7 percent y-o-y to Rs 134.65 crore from Rs 123.83 crore.

  • Dish TV ropes in Mukund Cairae as biz head sports and exclusive content

    Dish TV ropes in Mukund Cairae as biz head sports and exclusive content

    MUMBAI: Dish TV, the largest DTH operator in India, has appointed Mukund Cairae as business head sports and exclusive content. The business leader with almost two decades of experience was associated with Zee Entertainment Enterprises Ltd (ZEEL) in various roles for over 14 years.

    Prior to his new position at Dish TV(http://www.indiantelevision.com/dth/dth-operator/dish-tv-partners-with-shemaroo-to-bring-bhojpuri-regional-active-service-on-its-two-platforms-180726), he was ZEEL(http://www.indiantelevision.com/television/tv-channels/gecs/zee-launches-zee-world-in-south-africa-150128) CEO Middle East North Africa and Asia Pacific. During this tenure, he led 45 per cent revenue growth across ad sales, program sales and affiliate revenue. He also took an active part in launching ZEEL’s digital venture ZEE5 in Asia Pacific.

    He was also associated with Videocon and Kotak Life, Lara Agro, Amadeus India. He helped to build strong retail and distribution network from inception for Videocon Group.

    The media veteran has been consistently recognised by Forbes Middle East as one of the top fifty Indian leaders in the region from 2013 to 2018.

  • Dish TV promoter cos offer to buy 26% from public shareholders

    Dish TV promoter cos offer to buy 26% from public shareholders

    NEW DELHI: The promoter group entities of Dish TV India Ltd (Dish TV) have made an offer to buy an additional 26 per cent equity stake from public shareholders of the direct-to-home (DTH) operator for Rs 3,701 crore.

    According to a release issued to the BSE today, Dish TV promoter entities World Crest Advisors LLP, along with Veena Investments Pvt Ltd and Direct Media Distribution Venture Pvt Ltd, announced an offer to acquire shares of Dish TV at a price of Rs 74 per share.

    The offer is being made to all the shareholders of Dish TV to acquire up to 50.01 crore shares of the company that form 26 per cent of the emerging share capital, payable in cash.

    Last month, the long drawn out merger of Dish TV and Videocon d2h Ltd (Videocon d2h) finally came to pass. The combined entity, to be named Dish TV Videocon, will have approximately 29 million subscribers, making it the second largest DTH company in the world. There was a halt in the merger scheme about three months ago when Dish TV wanted Videocon d2h to clarify some of the insolvency proceedings against it.

    Also Read:

    Videocon d2h, Dish TV merger comes to fruition

    Dish TV announces fresh Videocon d2h Nasdaq delisting date

  • Videocon d2h delists from NASDAQ, merger with Dish TV likely on 22 March

    Videocon d2h delists from NASDAQ, merger with Dish TV likely on 22 March

    MUMBAI: Videocon d2h, which is looking at a merger with Indian direct-to-home (DTH) company Dish TV, has announced that it will be delisting from the US bourse NASDAQ.

    The amalgamation scheme between Dish TV and Videocon d2h is likely to take place on 22 March 2018 after due regulatory approvals from the Maharashtra registrar of companies and the high court. Videocon d2h shareholders will get Dish TV shares through global depositary receipts. Dish TV shares will not be registered in the US.

    Videocon d2h had made its intention to delist in mid-December 2017 but later postponed it because of a change in its plan to amalgamate with Dish TV. 4 April 2018 will be Videocon d2h’s last date of listing and it will be delisted from 5 April. After this, Dish TV will have to file the remaining requirements of US regulator Securities and Exchange Commission (SEC) to terminate Videocon d2h’s reporting obligations. The deregistration will be effective 90 days after Form 15F is filed.

    “Pursuant to the Scheme and following the effectiveness of the amalgamation, all outstanding equity shares of Videocon d2h, including equity shares underlying the ADSs, will be mandatorily exchanged for new equity shares of Dish TV. Dish TV is expected to be subsequently renamed Dish TV Videocon Limited. Videocon d2h ADS holders will receive new global depositary receipts (GDRs), each GDR representing one equity share of Dish TV, exchanged at a rate of approximately 8.07331699 new GDRs for every one Videocon d2h ADS (rounded off up to eight decimal places), unless such holders elect to receive equity shares of Dish TV in lieu of GDRs by cancelling their Videocon d2h ADSs,” a release to the NASDAQ stated.

    The combined company is to be named as Dish TV Videocon and will hold approximately 29 million subscribers, making it the second-largest DTH company in the world. There was a halt in the merger scheme when Dish TV wanted Videocon d2h to clarify some of the insolvency proceedings against it.

    Also Read :

    Dish TV-Videocon d2h merger date postponed

    Dish TV re-evaluating Videocon d2h merger

  • Videocon ad shows ‘Bhabiji Ghar Par’s character in liquid luminous effect

    Videocon ad shows ‘Bhabiji Ghar Par’s character in liquid luminous effect

    NEW DELHI: A new social media campaign #AbDikhengeAsliRang highlighting the technology of more natural colours of Videocon’s revolutionary Liquid Luminous Technology has been launched with short humorous videos.

    This festive season, Videocon aims at making everyone’s Diwali colourful.

    Featuring the sensational and witty Asif Shaikh, commonly known as Vibhuti Narayan Mishra of Bhabiji Ghar Par Hain fame, the short comedy videos depict the everyday conversations and lifestyle. In all of the videos, Videocon is a common aspect, entertaining the viewers.

    Mesmerised with the colour reproduction of Videocon Liquid Luminous, Asif can be seen revealing a tad too much when he switches the TV set on. What he leaves behind is an irritated wife, a surprised son, an annoyed boss and curious business associates.

    Videocon digital marketing head Shikher Gupta said, “Since Diwali is the time to cheer, we came up with short videos with a light, humorous touch. The campaign is built on Videocon’s Liquid Luminous range and effectively communicates the different hues and shades that one can experience with the new range. Asif Sheikh was an obvious choice as his personality matched perfectly with the theme. His vivid persona truly reflects the product USP. The videos will go live on our social media pages including Facebook, Twitter, Instagram, and YouTube.”

    The videos have been conceptualised by Rediffusion- Y&R, produced by Saffron Studio and Media, and directed by Vishal Gupta.

    The campaign #AbDikhengeAsliRang will run across Facebook, Twitter and YouTube to engage with customers. Videocon is putting up a new video everyday where one can witness a new hilarious twist and different shades of life.

  • Shemaroo associates with ‘Lalbaugcha Raja’

    Shemaroo associates with ‘Lalbaugcha Raja’

    MUMBAI: Shemaroo Entertainment, one of India’s leading integrated media content houses, acquires rights for the live feed of one of the most popular Mandals of Maharashtra – ‘Lalbaugcha Raja’ for mobile, Internet and DTH platforms. Shemaroo Entertainment will distribute content of Lalbaugcha Raja (video and images) to all the telecom operators.

    Consumers will now be able to enjoy live darshan & ‘maha aarti’ of Lord Ganesha on their mobile and TV sets. It will be available on Shemaroo’s latest android app “Gods” and few other select mobile apps. One can also SMS – “SELBR” to 56060 to enjoy the Darshan, post which, a link will be received on the mobile set and one can enjoy live darshan of ‘Lalbaugcha Raja’ by simply clicking on it. Live Darshan of Lalbaugcha Raja will be available from 25 August 2017 onwards. Consumers who want to enjoy the Live Darshan on their TV will have to subscribe to the devotional service from their DTH Operators. Live Darshan will be available on Airtel – Om Shakti (Service No 674), Tata Sky- Devotion (Service No 1051), Dish – Bhakti Active (Service No 1069)& Videocon – D2H Darshan (Service No 481).

    Shemaroo director Jai Maroo said, “It feels great to be blessed with an opportunity to distribute the Live Darshan of Lalbaugcha Raja to lakhs of devotees across India on various platforms. Every year we make an effort to make the Darshan easier and a better experience for our consumers. Hence, this year it is also available on our own app – Gods. Also expanding the number of platforms means reaching to a wider audience. We also take pride in the fact that Shemaroo is one of few companies in India that offers such a wide range of content to all the platforms where entertainment is consumed.”

    Lalbaugcha Raja Sarvajanik Ganeshostav Mandal secretary Sudhir Salvi added, “We are glad to continue our association with Shemaroo for seven consecutive years. It is through Shemaroo’s efforts that these devotees are able to enjoy the Darshan of Lalbaugcha Raja in the comfort of their homes.”

  • Innovative I-Day ‘Dangal’ on Zee with audio description & subtitles

    MUMBAI: Innovation in presentation and telecast seems to be continuing phenomenon. Versatile actor Aamir Khan’s ‘Dangal’, which is having its television premiere on Zee Cinema on 15 August, will be a special Independence Day treat for the visually impaired and hearing viewers: it will have subtitles for those who cannot hear and audio description for those who cannot see.

    Marking its silver jubilee this year, Zee Entertainment Enterprises Ltd is launching a “Zee For All” initiative with strong content and technology support. ZEE covers 172 countries and it has reached over one billion viewers, driven by its philosophy of “Vasudhaiva Kutumbakam” – The world is one family. The film is being telecast on 15 August at 12 Noon.

    The telecast of ‘Dangal’ was long awaited for its emotional resonance, technical artistry and compelling performances. Director Nitesh Tiwari’s sports biographical drama features Aamir Khan, Sakshi Tanwar, Fatima Sana Shaikh, Sanya Malhotra, Suhani Bhatnagar, ZairaWasim, Aparshakti Khurrana, Ritvik Sahore and Girish Kulkarni. It is based on the true story of a former Indian national wrestling champ who battles the existing social order to train his two young daughters to be world-class contenders in the otherwise male dominated sport of wrestling.

    According to World Health Organisation 2010 Report, India accounts for eight million blind, 54.5 million people with low vision and 62.6 million people with visual impairment – which makes India home to the second largest visually challenged population globally.

    The objective of ‘ZEE For All’ is to ensure that the large population of the Visually and Hearing Impaired receives access to what is truly world class, inspiring entertainment. Zee Cinema has also associated with the National Association For The Blind (Mumbai, Indore, Chandigarh and Lucknow), National Association For The Blind – The Workshop for the Blind in Mumbai, Institution For The Blind in Delhi and Patiala School of Blind & Deaf in Punjab. Zee Cinema will host preview screenings with audio Description and subtitles to sensitize the visually Impaired with the technology of audio description to bring entertainment within their reach,

    The audio description feed will be available on Dish TV, Videocon, Tata Sky and Airtel. The subtitles will be in English on HD and in Hindi on SD.

    Zee Entertainment (ZEEL) CEO – domestic broadcast business Punit Misra said, “On India’s 70th Independence Day, ZEE redefines the ‘freedom to see’ and offers all our audiences a superlative movie watching experience in the comfort of their homes. We hope that the premiere of Dangal reaches out to the maximum number of visually and hearing Impaired audiences in India. We are also exploring adding audio description in other Indian regional languages in the future. Just like Aamir gave us the audio description assets for Dangal, we will reach out to all our content partners requesting for the same as we expand the initiative. ‘ZEEForAll’ will surely be a milestone in the history of TV broadcasting in India.”

    Zee Hindi Movie Cluster Business Head Ruchir Tiwari said, “It is wonderful to associate with Aamir Khan on this pioneering initiative with Dangal – a film that is inspiring, emotional and entertaining. I am personally very happy that Dangal has inspired our team to do what is needed to make the movie accessible to all our viewers.”

    Aamir Khan said, “It is with great anticipation that I look forward to the television premiere of Dangal on 15th August on Zee Cinema SD. I instantly agreed to the idea of premiering Dangal with audio description for the visually impaired and it is a matter of absolute pride to associate with ZEE on this Independence Day premiere of my film.”

    Essentially, audio description conveys the most important visual aspects of the story by providing commentary during natural pauses and moments of quiet. It is a voice-over narration that explains what is happening on the screen, including physical actions made by various characters and other important visual elements. The narration is inserted between lines of dialogue. This audio description is recorded and made available as a separate audio track that can be selected by the audience on their remote.

  • Star Vijay case in Madras HC: TRAI to conclude arguments today, AIDCF & Videocon to argue tomorrow

    MUMBAI: In the Star-Vijay-TRAI case hearing in the Madras High Court, one of the TRAI’s senior counsel P Wilson concluded his arguments on Wednesday. The other TRAI (Telecom Regulatory Authority of India) counsel Saket Singh is expected to put forth his arguments on Thursday, official sources told Indiantelevision.com

    Interveners in the case — All India Digital Cable Federation (AIDCF) and Videocon hope to put forth their arguments on Friday. And, on Friday itself, the Madras High Court would provide a rejoinder date — for the final outcome and directive in the case that challenged the jurisdiction of TRAI to issue tariff orders on the ground that content came under the Copyright Act.

    TRAI TV reference interconnect offer (RIO) and Quality of service order (QoS) came into effect from 2 May following the order of the high court.

    In the hearing in April-end, it had said Section 3 of the Tariff order and all other consequences of such implementation/enforcement would be subject to the outcome of the main petition.
     
    Apart from the Tariff order, the regulator also issued the DAS Interconnect Regulations, and the Standards of Quality of Service and Consumer Protection (Digital Addressable Systems) Regulations which had been issued on 10 October last year.

    Also Read:

    Star-TRAI case hearing in Madras High Court starts 

    Star & Vijay TV amend plea, TRAI asked by Madras HC to file response

    SC stays new TRAI tariff, asks Madras HC to complete hearing in four weeks

     

  • ASSOCHAM & Videocon pledge GST summit across 200 towns

    MUMBAI: In a view to generate awareness and educate retail partners around GST implications, ASSOCHAM and the leading Consumer Electronics and Home Appliances Company, Videocon, organized the first-of-its-kind GST Summit for traders. The daylong ASSOCHAM Videocon GST Summit for traders witnessed deep discussions around GST, addressing retailers’ queries, and offering them a clearer understanding of the GST concept.

    The seminar was inaugurated by the chief guest Arjun Ram Meghwal, Minister of State for Finance, Ministry of Finance. The Seminar was also addressed by R. N Dhoot, Member of Parliament and Manish Sharma, President, CEAMA.

    Being the most pro-active Chamber of Commerce, ASSOCHAM has taken a step towards imparting knowledge on immediate as well as far reaching impact of GST on the businesses through the ASSOCHAM Videocon GST Summit. Emerging as the fountainhead of Knowledge for Indian industry, ASSOCHAM has always worked towards creating a conducive environment for India business to compete globally.

    Congratulating on organising the GST Summit and taking it to over 200 districts, Meghwal said, “GST will be beneficial in promoting level playing field and giving an overall boost to supply. In the context of traders, GST will bring down logistics costs massively and bring us at par with the developed nations. It will also simplify filling returns. With India’s biggest tax reforms of the 21st century, the country will be known for its leadership, and the year 2017 will be marked for bringing wholesome economic betterment. While there is an opportunity there is also a need to generate awareness and such seminars are the need of the hour. As a representative of the Government, I promise that businesses will be simplified including the MSMEs. With GST, India will rise up to paying taxes than evasion.”

    Dhoot said, “Announcement of GST in the country has been a revolutionary step. Not only will it lead to lower tax burden on several commodities, but will also bring ease of doing businesses in the country. I congratulate ASSOCHAM and Videocon to take this initiative and address retailer queries related to implementation of GST.”

    Sandeep Jajodia, President ASSOCHAM, said, “It’s a nationwide observation that in general, the trade (mostly MSMEs) are not in line with knowledge with GST. Therefore, ASSOCHAM & Videocon have embarked upon the process of training and awareness of GST in a big way, which will be of paramount importance in the smooth roll-out of GST. As the contours of GST law are more or less known, the purpose of such programs is to sensitize the trade across India to make them aware of the salient features of GST.”

    C. M Singh, COO Videocon, said, “We plan to hold more than 200 of such seminars to raise GST awareness across the country. Videocon has always taken initiatives to ensure industry growth and welfare. Through these GST Summits, Videocon will try to ensure that all queries of consumer electronic traders with regards to GST implementation are resolved and they are GST ready. Videocon is happy to contribute in its small way in the smooth implementation of GST.”