MAM
Failure of Govt to fix rates forces DAVP to extend dates for empanelment of FM radio
NEW DELHI: The Directorate of Advertising and Visual Publicity (DAVP) has extended by three months up to 31 March 2013 the empanelment of FM radio channels.
This follows the failure of the Information and Broadcasting Ministry to announce the guidelines for empanelment and rate of FM Radio channels.
The current deadline was to expire on 31 December and it is understood that the Ministry is trying to iron out some thorny issues so that it can also clear the path for ascending e-auction of the FM Radio Phase III.
Meanwhile, the DAVP has said that empanelment of certain television channels for the period 2012-15 has expired as they failed to apply for fresh empanelment before the last date, 15 December.
These include the Lok Sabha TV, two channels of Disney, Hungama TV, Music India, and 17 regional channels.
It has said that regional channels may apply for the empanelment from the first to the seventh day of every month through the online form.
MAM
Dish TV shareholders approve three independent directors
99.49 per cent vote of confidence strengthens board as company expands into connected TV, e-commerce and OTT.
MUMBAI: Dish TV has just been served a near-perfect vote of confidence and the shareholders have dished it out in style. Shareholders of the DTH operator have approved the appointment of three new Independent Directors with an overwhelming 99.49 per cent approval. The three appointees are Mr Arun Kumar Kapoor, Ms Heena Naishadh Bhatt and Mr Ashok Anant Paranjpe.
The strong mandate reflects continued investor faith in the company’s strategy, disciplined execution and long-term value creation. It comes as Dish TV focuses on stabilising its core DTH business while actively scaling new verticals connected TV platform VZY, B2B e-commerce ShopZop, and OTT service Watcho to build a more diversified and resilient growth trajectory.
Dish TV India Limited, CEO & executive director Manoj Dhobhal said, “We are encouraged by the shareholders’ approval of the appointment of the Independent Directors and sincerely thank them for their continued trust and confidence. The Board is already benefiting from the Directors’ collective experience, which will further sharpen strategic focus and support disciplined execution.”
With a fresh, strengthened board in place, Dish TV is well positioned to navigate the evolving media landscape. In a sector where every percentage point matters, a 99.49 per cent thumbs-up is the kind of ringing endorsement that suggests the company’s recipe for the future is already tasting right.
