Media Sector

Murdoch’s Formulas are Hit in India

Murdoch’s Formulas are Hit in IndiaRupert Murdoch’s firm might be facing tough times in UK and the US but in India, it has been experiencing growth since past 20 years.

Things got easier in India, when FDI allowed 100% foreign ownership in broadcast and media outlets. But, strong rules for foreign ownership in print media by 26% limited their entry.

Rupert Murdoch, Infamous Media Personality

Rupert Murdoch, Infamous Media PersonalityOn one hand, Chief Executive of News Corp, James Murdoch will be facing the anger of the UK parliament on Tuesday, on the much controversial issue of phone-hacking. On the other hand, Rupert Murdoch‘s popularity still maintained in the media market of Australia.

ZEE FY10 Consolidated Earnings Surge 18%

ZEE FY10 Consolidated Earnings Surge 18%Zee Entertainment Enterprises Limited has registered a growth of 18.09% in its consolidated net profit after tax (PAT) for the year ended March 31, 2010.

The company's consolidated net PAT during the period under review stood at Rs 6,165.60 million as against Rs 5,221.10 million during the same period of the last year.

Al Jazeera English now available on SkyCable for Philippines

Al Jazeera English now available on SkyCable for Philippines

The 24-hour world news and current affairs channel ‘Al Jazeera English’ has extended its circle with its launch in Philippines on SkyCable.

From the 15th August, the channel is available to SkyCable’s digital subscribers in metro Manila. Al Jazeera English has over 150 million household’s viewers worldwide.

Saurindra Barua is the new MD of FremantleMedia India

Saurindra Barua is the new MD of FremantleMedia India

FremantleMedia India has announced Saurindra Kumar Barua as its new Managing Director (MD) for the Indian Operations.

This is the first step taken by FremantleMedia in India for its on-the-ground production units.

Mr. Barua will be answerable to Patrick Schult, FremantleMedia Asia’s CEO.

Now, Mr. Barua will operate from Mumbai.

Previously, Mr. Barua was VP and regional chief financial officer (AsiaPac) for Discovery Asia and was based in Singapore.

Partnership between Dish TV and Yatra.com to launch ‘Travel Active’

Partnership between Dish TV and Yatra.com to launch ‘Travel Active’

The country’s No. 1direct-to-home company Dish TV announced that it has signed up a partnership deal with the travel portol Yatra.com, which will allow Dish TV viewers to book their desired holiday packages through their TV sets instead of using internet.

In a statement, the company’s official said that this service will help viewers to search and book holiday packages, hotels, international and domestic airline tickets at lower prices.

Disney raises stake to 50% in UTV Software

Walt Disney Company has announced that it has acquired more than 50 percent stake of UTV Software Communications.

According to the sources, the company has become the majority shareholder of UTV Software Communications by acquiring more than 50 percent stake in it.

The sources further revealed that Walt Disney recently purchased about 20 percent of UTV shares from the open market and raised its ownership in the company to more than 50 percent.

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