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Worldspace subscription revenues up 160 % in Q4

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MUMBAI: Radio satellite service provider Worldspace has reported its financial and operating results for the fourth quarter and year ended 31 December, 2005.

It finished the year with 115,306 subscribers. The company added 40,235 subscribers in the fourth quarter of 2005, an increase of approximately 160 per cent over the 15,545 subscribers added in fourth quarter of 2004.

In India, the company had 74,574 subscribers at the end of the fourth quarter of 2005, up over 100 per cent from 35,670 at the end of the third quarter of 2005 and up nearly 800 per cent from 8,335 at the start of the year.

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At the end of the fourth quarter of 2005, WorldSpace had rolled out its satellite radio services in nine cities in India — Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Kochi, Pune, Ahmedabad and Chandigarh.

Service in Kolkata, India’s second largest city, was launched in February 2006. Worldspace’s market distribution is now available to a population of nearly 63 million, including nearly 35 million people in the top three economic segments targeted by the company.

Worldspace chairman and CEO Noah Samara says, “Worldspace made important progress against all of our key operational metrics during the fourth quarter of 2005, especially in delivering strong subscriber growth. We believe we have gained significant traction in our efforts to acquire new subscribers, and will continue to do so as our visibility and brand awareness grow with the roll-out of our service to additional metropolitan areas, supported by targeted marketing campaigns. We also have made great strides in building our senior management teams, internationally and at the corporate level, by adding quality people with key areas of expertise that will be critical to our forward momentum.”

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The firm introduced 19 new programming channels, including the first India sports talk radio channel and many regional language channels in India, as well as the world’s first global hip hop channel, bringing the total number of channels broadcast on WorldSpace’s global system to 220 by the end of the year.

It also completed an initial public offering (IPO) in August 2005, raising net proceeds of approximately $221 million; It raised strategic capital from and formed a technology sharing partnership with XM Satellite Radio in July 2005, including an investment of $25 million by XM Satellite Radio.

Also, three-year warrants valued at $37.5 million were issued to XM Satellite Radio exercisable at the IPO price provided XM has made substantial technological contributions to WorldSpace, including in the areas of products, chipsets and terrestrial repeater development and deployment;

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The firm continued the expansion of the distribution and geographic presence in India, with over 650 retail points of presence in nine cities at the end of the year covering approximately 30 million people in Worldspace’s target market segment of the India population; It managed to obtain terrestrial repeater licenses in United Arab Emirates and Bahrain, the first L-band terrestrial repeater licenses for satellite radio.

Samara adds, “2006 is a pivotal year for WorldSpace.
We are working hard to gain key regulatory approvals for the delivery of mobile services in certain of our markets, and to increase the variety of our receivers.

We are moving into more cities in India and we are gaining strength in other countries where subscribers can be added at little incremental cost. We started the year well with the FCC’s approval of our license application for our Afristar-2 satellite, which when launched, will enable us to broaden our offerings in Europe and the Middle East.”

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For the fourth quarter of 2005, WorldSpace reported quarterly revenues of approximately $4.4 million, representing a 95 per cent increase compared with revenues of approximately $2.3 million for the fourth quarter of 2004. Subscription revenue increased approximately 160 per cent to approximately $1.1 million for the fourth quarter of 2005 compared with subscription revenue of approximately $0.4 million for the fourth quarter of 2004. On an annual basis, total revenues for 2005 were $11.7 million in 2005, a 36 per cent increase over 2004 total revenues of $8.6 million. Subscription revenue in 2005 was $3.7 million, a 255 per cent increase over $1.0 million in 2004.

Worldspace recorded a net loss for the fourth quarter 2005 of $33.2 million compared with a net loss of $418.2 million for the fourth quarter of 2004, a period that included stock compensation expenses and other costs associated with an inter-company consolidation and subsequent debt restructuring.

For the year, the company’s net loss was $79.9 million compared to a net loss of $577.4 million in 2004. In the fourth quarter of 2005, WorldSpace spent approximately $9.6 million on sales, marketing and subscriber acquisition expenses globally, including $8 million in India compared with $4.9 million and $4.1 million respectively in the third quarter of 2005.

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DTH

DD Free Dish e-auction revenue dips to Rs 642 crore as slot sales fall

Revenue dips as revised norms reshape bidding in 94th round

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NEW DELHI: Prasar Bharati’s DD Free Dish has closed its 8th annual, and 94th overall, e-auction for MPEG-2 slots with total collections of Rs 642 crore for the period April 1, 2026 to March 31, 2027.

That is lower than last year’s Rs 780 crore haul, with 55 slots sold compared with 61 in FY25–26. The softer topline reflects both a slimmer inventory and a recalibrated auction framework.

This was the first auction conducted after amendments to the e-auction methodology, including tighter eligibility norms and a revised reserve price structure for MPEG-2 slots. The stated aim was greater transparency and more serious participation. The immediate outcome appears to be more measured bidding in certain categories.

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Day one set the tone. Eight slots were sold, six in the premium Bucket A+ and two in Bucket A. The strong early action in A+, which typically houses Hindi GECs and movie channels, reaffirmed the enduring appeal of mass Hindi programming on the platform.

Among the broadcasters securing slots in the initial rounds were Zee Entertainment Enterprises, Sony Pictures Networks India, Viacom18’s Colors network, Sun Network and Shemaroo Entertainment. Their continued presence signals that, despite the pull of digital platforms, Free Dish remains a strategic must have for legacy networks chasing scale in price sensitive markets.

The final bouquet of 55 channels leans heavily towards Hindi news, movies, devotional fare, Bhojpuri and regional programming.

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In Hindi news, familiar heavyweights such as Aaj Tak, ABP News, India TV, News18 India, Republic Bharat and Zee News made the cut. Entertainment and movie offerings include Colors Rishtey, Star Utsav, Dangal TV, Sony Pal, Shemaroo TV, Goldmines, B4U Movies and Zee Biskope. Devotional viewers will find Aastha, Sanskar and Sadhna Gold among the selected channels.

Regional representation includes Sun Marathi, Fakt Marathi, PTC Punjabi and GTC Punjabi.

Equally telling were the absences. Broadcasters such as Big Magic, Filamchi Bhojpuri, India News, Bharat Express, Movieplex Maithili, TV9 Marathi, Shemaroo Marathibana, Zee Chitra Mandir and Satsang did not participate. The pullback is particularly visible across Marathi, Bhojpuri, Maithili and spiritual programming. Industry observers point to the revised reserve prices, tighter eligibility norms and a reassessment of commercial viability as possible factors.

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DD Free Dish continues to beam into over 40 million homes, largely in rural and semi urban India. For advertisers and broadcasters alike, it offers efficient access to Bharat markets where pay TV penetration remains uneven and OTT subscriptions are limited.

The moderation in revenue this year may be read as a pause rather than a retreat. Fewer slots, a reworked auction playbook and evolving broadcaster strategies have clearly shaped outcomes. Yet premium Hindi entertainment retains its pull, and the platform’s mass reach remains hard to ignore.

As the FY26–27 line-up settles in, the mix of winners and walkaways will define the private satellite channel landscape on DD Free Dish for the year ahead.

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