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ABU delivers excellent results for Commonwealth Games

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MUMBAI: The Asia Pacific Broadcasting Union (ABU) has announced that over a billion people had access to free-to-air coverage of the Melbourne 2006 Commonwealth Games, stretching from Mongolia in Central Asia, down to the Republic of Timor Leste.

ABU’s head of sport in Melbourne John Barton says, “We have built the biggest television platform in Asia and the Pacific for the Melbourne games and we will continue to see it grow over the years, especially with New Delhi hosting the next event in 2010.”

Televising multi sport events such as the Olympics and Commonwealth Games on free-to-air television would have lasting economic benefits for a nation, says Barton.

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“We are not just investing in a sporting contest. It is much greater than that. We are showcasing the character of a host nation, its many cultural and commercial assets, and the character and values of the competing nations. That was why it is extremely important for the events to be seen on the free-to-air television markets around the world where their countrymen could share the highs and lows that come with the great sporting occasion.

“Governments and broadcasters have a dual responsibility to make sure that their athletes and teams are given due recognition on television for their years of effort and training. So when they step out onto the international sporting stage they know that their nation is with them, right at that moment, sharing their joy or sadness” he adds.

Governments in Asia are spending hundreds of millions of dollars on sporting infrastructure, facilities, coaches and new training methods. “Asia is thriving as a regional sporting powerhouse with the increasing numbers of Olympic champions. But without television, which has been the engine for growth for many years, that development could be arrested,” he added.

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Hathway Cable appoints Gurjeev Singh Kapoor as CEO

Leadership change comes as cable TV faces shrinking subscriber base and modest earnings pressure

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MUMBAI: Hathway Cable and Datacom has tapped industry veteran Gurjeev Singh Kapoor as chief executive officer, marking a leadership pivot at a time when India’s cable television business is under mounting strain.

Kapoor will take over from Tavinderjit Singh Panesar, who is set to retire in August after a long innings with the company. Panesar, chief executive since 2023, has held multiple leadership roles at Hathway, including his latest stint beginning in 2022.

Kapoor brings more than three decades of experience in media and entertainment. He most recently led distribution at The Walt Disney Company’s Star India business, now part of JioStar. His career spans television distribution and affiliate partnerships, with stints at Sony Pictures Networks India, Discovery Communications and Zee Entertainment.

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Panesar, with over three decades in the industry, has worked across strategic planning, distribution and business development in media, broadcasting and manufacturing. His past associations include ESPN Star Sports, Star India, Apollo Tyres and JK Industries.

The transition lands as the cable sector grapples with structural disruption. Traditional operators are losing ground to streaming platforms, while telecom and broadband players tighten the squeeze with bundled offerings.

An EY report estimates India’s pay-TV base could shrink by a further 30 to 40 million households by 2030, taking the total down to 71 to 81 million. The slide follows a loss of nearly 40 million homes between 2018 and 2024, a contraction that has already wiped out more than 37,000 jobs in the local cable operator ecosystem.

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Hathway’s numbers reflect the strain. The company reported a consolidated net profit of Rs 93 crore for FY25, down from Rs 99 crore a year earlier. Revenue inched up to Rs 2,040 crore from Rs 1,981 crore. As of December 2025, it had about 4.7 million cable TV subscribers and roughly 1.02 million broadband users.

Kapoor steps in with a familiar brief but a shrinking playbook. In a market where viewers are cutting cords faster than companies can reinvent them, the new chief executive inherits a business fighting to stay plugged in.

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