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MCCS is a 74:26 joint venture company between ABP and Star that
manages the affairs of Star News channel, which after a recent revamp
in look and content is inching closer to the second highest market
share owner NDTV India.
At present, it’s not clear whether the proposed Bengali news channel
would carry the Star logo or not or have both the Star and ABP logos.
A former ABP Ltd. veteran and Sarkar loyalist, Suman Chattopadhaya,
anyway, is tipped to head the Bengali channel.
Meanwhile, government sources indicated that information and broadcasting
ministry is poised to clear an application of Space TV (a 80:20
JV between the Tata group and a Star) before Murdoch’s arrival.
The DTH project’s estimated cost: Rs 16 billion.
Though some clarifications on certain issues are still awaited
by the ministry, it is expected these would be “fruitfully resolved
soon”. Space TV’s revised application has been pending with the
government for over a year in which time two DTH service providers,
Dish TV (20 per cent owned by Zee Telefilms) and DD Direct Plus,
have already entered the market offering a host of services.
Every time Murdoch Sr. comes to India, not only does it generate
loads of media hype, but it also results in some major happenings
in his Indian venture, Star India. Once when he came in the late
1990s, he ended up hiring a bureaucrat as the CEO of his Indian
operation. Murdoch’s first Indian visit was in 1994 after he acquired
Star Asia from Hong Kong-based tycoon Li Ka Shing's son Richard
Li.
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