Important FDI hiked in news channels, cable and DTH

[Deepu]

The Narendra Modi-led National Democratic Alliance (NDA) government has increased the ceiling on foreign direct investment (FDI) in the media sector as part of its big-bang reform exercise to attract more investment into the country. The government has allowed increased FDI limit in the uplinking of news and current affairs TV channels to 49 per cent, up from the earlier 26 per cent. It has also hiked the FDI limit to 100 per cent in the broadcast distribution platforms like cable TV networks (MSOs and LCOs), DTH, teleport, headend-in-the-sky (HITS), mobile TV and broadcasting content services. Now 49 per cent FDI will be allowed through the automatic route for distribution platforms. For non-news & current affairs channels 100 per cent FDI is allowed through the automatic route.

Read more at: http://www.televisionpost.com/television/fdi-hiked-in-news-channels-cable-and-dth/ | TelevisionPost.com

 

[IndianMascot]

Wow. Let more investment come and we enjoy even more.

 

[Prateek Marwadi]

but only in national news channels.

 

[DashMajor]

Very good let Modi realize what International Media thinks about him

 

[TtTtTt2]

So more International Channels r coming?

 

[IndianMascot]

Nope. More International money coming into Indian Channels.

 

[DashMajor]

International money is good but we it looks like also that our Country having FDI.

 

[IndianMascot]

I am sure some of the DTH companies will now be sold out.

 

[DashMajor]

SUN is already having Astro connection, d2h, TS already having Foreign funding.

Rest remain RDTV. dishtv and ADTV will not be sold out, foreign investors have to pick stakes from public.

 

[IndianMascot]

Sun, RDTV, Tata Sky and D2h may got sold out.