Saturday 22 February 2014

TAM applies with MIB for registration

TAM Media Research (the only company that offers television ratings at the moment) on 21st February has applied for registration with the ministry of information and broadcasting (MIB) for TV rating function in India.
Earlier the Kantar media one of the two promoters of TAM Media Research had filed a petition in Delhi High Court against government formulated policy guidelines for Television Rating Agencies. The most important clause on which Kantar has objected and went to the Court is that No single company, directly or through its associates, is allowed to hold more than 10 per cent paid up equity in a rating agency if it also holds a stake in a broadcaster, advertiser or advertising agency”. Kantar owed 50 percent stake in TAM Media Research.

Delhi High Court on 11th February has given stay to Kantar media on cross-holding till 6th March. The court granted Kantar two weeks to apply for registration with the ministry of information and broadcasting (MIB)

Source: http://cablequest.org/news/national-news/item/4320-tam-applies-with-mib-for-registration.html

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