IndiaCast Media Distribution and Disney UTV have decided to end their joint venture following the Telecom Regulatory Authority of India’s (TRAI) content aggregator regulation. TRAI on 10th February, 2014 had issued a regulation known as Telecommunication (Broadcasting and Cable) Service (Fourth) (Addressable System) Tariff (Third Amendment) Order 2014. This regulation bared content aggregator for bundling of channels from more than one broadcaster.
IndiaCast UTV was a 74:26 JV with IndiaCast as the majority partner. The structure of Indiacast Media, a joint venture (JV) between TV18 and Viacom18, will stand. TV18 Broadcast holds 50 per cent stake in Viacom18, the company which operates channels such as Colors, MTV, Nick and Vh1.
IndiaCast will, however, continue to distribute Disney UTV channels as an agent. Disney UTV has a bouquet of nine channels – UTV Movies, UTV Stars, UTV World Movies, Disney Junior, UTV Action, Bindass, Hungama TV, Disney Channel and Disney XD.
TRAI Content aggregator regulation had brought major development in the distribution companies. The first development was come in the month of April, when MediaPro- a Joint venture between Star and Zee decided to off their JV MediaPro. In the last week, MSM Discovery, the 12-year-old JV distribution company that operates under the brand name TheOneAlliance, had also called off distribution deal with Times Television Network.
Source: http://cablequest.org/news/national-news/item/5223-cq-indiacast-and-disney-utv-discontinue-their-distribution-deal.html
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