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DOORDARSHAN RECORDS ALL TIME HIGH REVENUES; MULLS JVs WITH
PRIVATE PLAYERS
The national broadcaster Doordarshan's
commercial and advertising revenues have soared to an all
time high of Rs 6.1 billion for the financial year 1999-2000
as against last year's Rs 4.14 billion. Above all, the revenue
projection for the forthcoming year is Rs 7.75 billion due
to the decision of Prasar Bharati to hike ad rates.
Telecast of cricket matches contributed Rs 1.6 billion to
the kitty while Prasar Bharati procured revenues of Rs 900
million from All India Radio (AIR). Plans are on the anvil
for a new FM channel for news.
For the year 2000-2001, the Prasar Bharati Corporation is
getting a whopping grant of Rs 11,330 million from the government,
which implies that it will finally enjoy the long-awaited
financial autonomy. Of the Rs 11,330 million, Rs 9,630 million
is grant-in-aid, while the remaining Rs 1,700 million is
in the form of a loan. The corporation has received its
first installment of the grant -- a sum of Rs 1,880 million
to meet its expenses for the first two month of the new
financial year. The grant will be used to run All India
Radio and Doordarshan. Rs 5,500 million of the Rs 11,330
million is to be spent on salaries for its huge roll of
40,000 employees.
DD has shrugged off its shyness and is mulling joint ventures
and strategic partnerships with international broadcasters
and players including BBC, CNN, AOL-Time Warner, NHK and
Sony. Prasar Bharati has decided to digitalise the signals
for DD and AIR. The ventures with the foreign players will
be in the areas of transfer of technology for digitalisation
and programming exchange.
DD has appointed Modi Entertainment Network (MEN) for monitoring
technical and distribution issues. It will keep a tab on
cable operators whether they deliver DD on the prime band
or not.
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