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Sony and Discovery Communications are axing the joint venture company that they ran for over 12 years in India.
Caught in the midst of a TRAI (Telecom Regulatory Authority of India) regulation that outlawed the bundling of television channels across broadcast companies, both have consented to divorce and build their own pay TV models.
MSM Discovery, the TV channel distribution company in which Sony has 74 per cent stake and Discovery the rest, is set to disband.
Multi Screen Media (MSM) and Discovery will have their independent affiliate teams and stitch their own deals with distribution platform operators.
Signalling the end, Discovery has already started doing its distribution deals with direct-to-home (DTH) companies. Dish TV is the first negotiated contract.
MSM, however, will continue to distribute the channels of TV Today Network. “MSM has a deal to distribute TV Today channels,” the source said.
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Differences leading to the MSM Discovery split:-
Sony and Discovery to end their distribution JV in India | TelevisionPost.com
Caught in the midst of a TRAI (Telecom Regulatory Authority of India) regulation that outlawed the bundling of television channels across broadcast companies, both have consented to divorce and build their own pay TV models.
MSM Discovery, the TV channel distribution company in which Sony has 74 per cent stake and Discovery the rest, is set to disband.
Multi Screen Media (MSM) and Discovery will have their independent affiliate teams and stitch their own deals with distribution platform operators.
Signalling the end, Discovery has already started doing its distribution deals with direct-to-home (DTH) companies. Dish TV is the first negotiated contract.
MSM, however, will continue to distribute the channels of TV Today Network. “MSM has a deal to distribute TV Today channels,” the source said.
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