Viacom18 to showcase ISL on 8 TV channels, Jio Cinema
Viacom18 will broadcast the upcoming Indian Super League (ISL) 2023-24 season on eight linear channels and Jio Cinema. The matches will be aired in Hindi, English, Bengali, and Malayalam on channels like Sports18, VH1, and Surya Movies. Jio Cinema will offer a multi-camera experience where viewers can choose different angles.
Following a request by the All India Digital Cable Federation, the Ministry of Information and Broadcasting has requested the Telecom Regulatory Authority of India (Trai) to include the issue of granting autonomy to TV distributors in bouquet formation. The federation has asked Trai to publish a comprehensive consultation paper on the TV distribution sector.
Disney said to be in talks with RIL over future of its India business
Walt Disney Co. has reportedly engaged in preliminary discussions with potential buyers, including Mukesh Ambani's Reliance Industries Ltd., for its India streaming and television business. The options being considered range from a complete sale of the Disney Star business to a partial transaction involving assets such as sports rights and the regional streaming service Disney+ Hotstar.
AIDCF moves TDSAT against free cricket streaming by Star India
The federation has filed a petition before the TDSAT against the Walt Disney-owned company's decision to offer the just-concluded Asia Cup and the upcoming ICC Men's Cricket World Cup for free to mobile users through its streaming platform, Disney+ Hotstar.
Information and Broadcasting Ministry working on new Broadcasting Services Bill
The Ministry of Information and Broadcasting (MIB) plans to introduce the Broadcasting Services Regulation (BSR) Bill 2023, which will replace the current Cable Television Networks (Regulation) Act 1995. The new bill will have a wider scope, regulating over-the-top (OTT), cable TV, direct-to-home (DTH), headend-in-the-sky (HITS), internet protocol television (IPTV), and radio.
Supreme Court dismisses appeal against ND Art's insolvency
The Supreme Court has dismissed a petition seeking a review of the National Company Law Appellate Tribunal's (NCLAT) order allowing bankruptcy proceedings against ND's Art World Pvt Ltd, a company owned by late art director Nitin Desai and his widow Naina Desai. The dismissal clears the way for recovery proceedings against the company, which owes Edelweiss Asset Reconstruction Co. around Rs 300 crore.
Netflix, Yash Raj Films ink long-term content deal
Netflix and Yash Raj Films (YRF) have formed a new partnership to create films and series for Indian and global audiences. The first project is a four-part series called "The Railway Men," which stars R. Madhavan, Kay Kay Menon, Divyendu Sharma, and Babil Khan. The second project, "Maharaj," marks the debut of actor Junaid Khan and is directed by Siddharth P. Malhotra.
Disney to cut target for Disney+ streaming subscribers
Walt Disney Co. is expected to fall short of its subscriber target for the Disney+ streaming service. The goal of 215 million to 245 million subscribers by 2024, set by former CEO Bob Chapek, is unlikely to be met. Disney+ has been losing customers due to price increases and declining demand in India. However, Disney has managed to narrow its losses in the streaming division through price increases.
SAT adjourns hearing of ZEE CEO's plea to Sept 27
The Securities Appellate Tribunal (SAT) has adjourned the hearing in ZEE CEO Punit Goenka's appeal against Sebi confirmatory order to September 27.
SAT questions Sebi's credibility on completion of investigations in Zee matter within stipulated time
The Securities Appellate Tribunal (SAT) has questioned the credibility of the Securities and Exchange Board of India (SEBI) in completing its investigation into alleged fund misappropriation by Zee Entertainment Enterprises. SAT stated that SEBI has a history of extending investigation periods and lacks credibility in completing them within a specified time frame.
Trai plans consultation paper on OTT players
The Telecom Regulatory Authority of India (Trai) is reportedly planning to release a consultation paper on regulatory issues related to over-the-top (OTT) video platforms such as Netflix, Prime Video, Disney+ Hotstar, and JioCinema. The paper will address concerns such as price parity between OTT platforms and traditional distribution channels, as well as applying broadcasting sector rules to OTT platforms for live content.
Reliance's JioCinema to stream India-Australia ODI series for free
Reliance-owned JioCinema will stream India's 3-match ODI home series against Australia for free on its platform. The OTT platform will stream the matches in 11 languages. The series is important for both teams as they prepare for the upcoming ICC World Cup 2023. Viacom18, a subsidiary of Reliance Industries, secured the exclusive media rights for international and domestic matches by the Board of Control for Cricket in India (BCCI) for a cumulative figure of Rs 5,963 crore for the next five years.
FanCode gets streaming rights for Asian Football Confederation (AFC) Competition Rights in India
FanCode has secured exclusive streaming rights for several Asian Football Confederation (AFC) competitions for the 2023-24 and 2024-25 seasons. The Indian company gained the digital streaming rights through a sub-licensing agreement with FSDL, the media rights holders for AFC competitions in India. The deal will enable Indian fans to watch top Asian football action and global stars like Cristiano Ronaldo and Neymar. The partnership will cover various tournaments, including the AFC Champions League and AFC U23 Asian Cup. FanCode has previously livestreamed events such as the FIFA Women's World Cup and SAFF Cup.
Disney Star inks a multi-series content deal with Pratilipi
Stories on Pratilipi have an extensive readership and listener base that extends up to 15 million subscribers. These stories, written by authors from all over the country, are currently available in the form of short stories, series, audiobooks, and comics. This association also opens doors for thousands of writers across India, allowing them to envision their stories in various formats.
Tata Play Binge adds Apple TV+ to its roster of offerings
Apple TV+ has partnered with Tata Play Binge, an OTT aggregation service, making its original series and movies available to Tata Play Binge members. This collaboration aims to provide viewers with premium content from Apple TV+ across various devices. Apple TV+ offers acclaimed series and films such as Ted Lasso, Foundation, and The Morning Show. Tata Play Binge already offers a variety of OTT apps, including Disney+ Hotstar and SonyLIV, providing subscribers with a single interface and subscription for accessing content in multiple languages.