Peter Smith, president at NBC Universal (NYSE: GE) International, said on the sidelines of the conference that the global M&E major will focus on the investment in NDTV for now and is not currently looking at other investments in India right away. NBC bought a 26% stake in NDTV Networks…

Information and Broadcasting Minister Anand Sharma and I&B secretary Sushma Singh clarified some policy decisions on the sidelines of the conference. DTH License fee reduction: The ministry’s move to reduce the license fee for DTH players from 10% of gross revenue to 6% may soon bear fruition. Secretary Singh said…

India’s media and entertainment industry grew at a compounded annual growth rate (CAGR) of 15% during 2006-08 and was, in 2008, a Rs58,400 crore ($12.16 billion) industry, says the annual M&E industry report brought out by industry body FICCI and consultant KPMG. Last year’s edition of the report, which was…

Every year in February, for nine years now, the movers and shakers of India’s media and entertainment sector have congregated at Ficci-Frames. Organized by industry body the Federation of Indian Chambers of Commerce and Industry, the event serves as an interface between the industry and the government and also the…

This is big: responding to ContentSutra’s question about MultiScreen Media’s upcoming New Media Initiatives, CEO Kunal Dasgupta said that the company is working with the Board of Control for Cricket in India (BCCI) to set up a Fantasy Cricket League around the Indian Premier League (IPL). Dasgupta is bullish on…

Mobile TV: We have received recommendations from TRAI. The issue is of opening of the terrestrial networks - it involves Prasar Bharti and they have to be on board. Spectrum is not holding back mobile TV - there’s enough spectrum that is available. Analog is not holding back. There’s one…