Financial Daily from THE HINDU group of publications
Thursday, Mar 24, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Industry & Economy - Radio/TV


Murdoch keen on early DTH clearance

Our Bureau

New Delhi , March 23

THE direct-to-home (DTH) venture is on top of the priority list for the NewsCorp chief, Mr Rupert Murdoch, who has urged the Information and Broadcasting Minister, Mr Jaipal Reddy, to expeditiously clear the proposal.

At an hour-long meeting, Mr Reddy told Mr Murdoch that the Government would process every application on its merits.

Speaking to newspersons, Mr Reddy said, "The I&B Ministry officials are in consultation with the Ministry of Company Affairs and the application is in advanced stage of consideration."

Star has entered into a joint venture with the Tata group for DTH with total investments of Rs 1,600 crore.

Mr Murdoch merely acknowledged that this issue was discussed.

Besides this, Mr Reddy said that the NewsCorp chief showed interest in the public broadcaster's DTH venture.

He also asked the Minister about any change in the foreign direct investment cap in the media sector.

"I have told them that there is no proposal yet to increase the FDI levels," he added.

Mr Murdoch also discussed the various technological changes that are taking place in the broadcasting sector.

However, he did not mention any investment plans for the Indian operations.

Star officials, comprising the Star TV CEO, Ms Michelle Guthrie, and the Star India chief, Mr Peter Mukerjea, also raised the issue of mandatory sharing of channels to various platforms.

Star India has not been in favour of this and has hence not yet offered its channels to the Subhash Chandra-promoted Essel Group.

Mr Murdoch also met the Commerce and Industry Minister, Mr Kamal Nath, and was scheduled to meet the Communications Minister, Mr Dayanidhi Maran.

Meanwhile, the Sun Group too has plans to enter the DTH segment and has applied for a licence. Speaking at the 13th Convergence India, Mr Reddy said, "There are currently two more applicants for a private DTH licence.

"Their applications will be positively considered, provided terms and conditions are met with. They will not be discouraged.

"One of them is Space TV and the other applicant is Sun TV."

Mr Reddy said that a policy package for the expansion of FM radio has been finalised and would be taken to the Cabinet shortly.

The package is based broadly on the recommendations of the Amit Mitra Committee, he said.

The Minister expressed hope that FM radio in the private sector would grow immensely as India provided scope for over 400 such channels.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
TN should allow 3rd party sale in wind power: CII


Study advocates marketing network for bio-diesel plants
National Mineral Award for 26 geo-scientists
Displacing conventional fuels reduces energy/GDP ratio
`G-20 has the interests of all developing nations'
Globalisation has left farm sector in the lurch: Experts
Auto engg centre of excellence in Coimbatore
Setting up of flu gas desulphurisation unit — Environment body asks Reliance Energy to pay Rs 300 cr
Gujarat Fluorochemicals gets CDM registration
13 States doing well, says TB Report Card
GAIL, cancer hospital to set up pollution centre in Hyderabad
Taj Hotels in talks with airlines to promote leisure arm
Sarthak Behuria is SCOPE Chairman
`India can invest up to $25 b in buying oil fields abroad'
Diesel to cost more in Delhi
Patents Bill approved
MPs for setting up of `energy forum'
KSEB asked to continue with existing power tariff
Pvt power producers to add 3,000 MW capacity in Maharashtra
Plea against VAT launch in Bengal
Match manufacturers' plea
Wet grinder units form group to get SIDBI aid
Rubber imports top 65,000 t on jump in tyre production
`Management students have key role in society'
Murdoch keen on early DTH clearance
Scholarship for students
HDFC joins SBI to float real estate venture fund
Engineering Export Council signs MoU with China Chamber of Commerce
Theatres defy documentary films obligations
`Closure of units due to labour unrest rarer': Minister
Telecom staff to intensify stir
Kutch Trade Fair in Mumbai
Tally Solutions to host melas
Spices export exceeds volume target
Meet to discuss wheat exports on April 7
Tourism Ministry plans to move Cabinet for visa-on-arrival
Emirates Holidays plans offices in South India


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line