With TRAI disallowing bundling of channels from more than one broadcasters, Star Den and Zee Turner have decided to split there three year old distribution joint venture, Media Pro Enterprises. Going forward, both Zee and Star will set up their independent affiliate sales team for their respective channels. Star India CEO Uday Shankar said, “Media Pro has been a truly delightful and path breaking partnership. Punit and I created Media Pro with the objective of accelerating digitisation, promoting transparency and introducing best practices in distribution. Thanks to the commitment of both parties the JV has delivered exceptionally well on each of these. I am proud to say that Media Pro has led the industry consensus for the most efficient way of moving to a digital domain. This in turn allowed us to offer better content to our viewers. In the light of new regulation, both partners have decided to build independent affiliate sales team. I take this opportunity to complement the entire Media Pro team led by Arun Kapoor for creating a best-in-class organisation that helped pioneer digital transformation of cable.” Zee Entertainment Enterprises Ltd MD and CEO Punit Goenka said, “We had created this joint venture to address various anomalies in the analogue market, curb piracy and introduce transparency for the benefit of all stakeholders.” Goenka added, “I must say that we have been very satisfied with the outcome of the partnership. In the last three years, with DAS getting implemented, India is truly on the path to digitisation. First two phases of DAS have already been implemented. Given the new regulation, Uday and I have taken a call to continue the business at an independent level. Await detailed report…
Read more at: http://www.televisionpost.com/television/media-pro-splits-zee-and-star-to-set-up-independent-affiliate-sales-teams/ | TelevisionPost.com
Read more at: http://www.televisionpost.com/television/media-pro-splits-zee-and-star-to-set-up-independent-affiliate-sales-teams/ | TelevisionPost.com