Important FDI hiked in news channels, cable and DTH

[DashMajor]

Read this. I never comment without knowing the facts
Star gets nod to raise stake in Tata Sky - Financial Express

Article is 5 years old, Govt. changed policy changed.

 

[DashMajor]

Last year only policy made that any broadcaster can have 100% stakes either in DTH or MSO.

Last year we having long stretchy discussion on it too

 

[Technoglitch]

Will 100 per cent FDI spur deals in the DTH sector? There is only Reliance Digital TV that is probably looking to exit. Dish TV and Videocon d2h are listed companies while Tata Sky has Rupert Murdoch-controlled 21st Century Fox as a 30 per cent equity partner. In Kalanithi Maran-promoted Sun Direct, Malaysia’s Astro has a 20 per cent stake.
“Reliance Digital TV has the least number of subscribers and was in merger talks with Sun Direct. Will a buyer be more positive now? There are no strong signals yet,” says a media analyst

. Sun Direct is turning out to be a regional DTH operator in the South and there are no indications that Maran is looking to dilute additional stake in the company.
http://www.televisionpost.com/special-reports/will-100-fdi-lure-comcast-and-liberty-to-enter-india/ | TelevisionPost.com

 

[aumnamonarayan]

Last year only policy made that any broadcaster can have 100% stakes either in DTH or MSO.

Last year we having long stretchy discussion on it too

Can u plz post any article mentioning that? It would be helpful

 

[IndianMascot]

This is what article is saying because if any news leaks out of sell out listed companies share will fall like anything.

But foreign players are keen to enter in India and this would be the right time for sell out.

 

[IndianMascot]

Can u plz post any article mentioning that? It would be helpful

Technoglitch bro just posted above.

 

[Technoglitch]

100% FDI would be in digital cable only be benefitted.

 

[IndianMascot]

One more

 

[aumnamonarayan]

Technoglitch bro just posted above.

Arre bro u r confusing FDI and issue of stake.

Read this
The ABC of higher FDI in media - Livemint

It's a 2 day old article. Still any broadcaster cannot hold more than 20% in DTH.

 

[IndianMascot]

What does this means ? Someone simplify this.

For starters, the government allowed 100% overseas ownership of the digital cable and direct-to-home (DTH) services, with up to 49% through the automatic route and beyond through FIPB (Foreign Investment Promotion Board) approvals to allow foreign strategic investors to view Indian companies favourably.