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Budget 2016: Rationalise taxes on media, entertainment sector, demand experts

Budget 2016 should rationalise entertainment tax, exempt newsprint from VAT and end double taxation on temporary transfer of movie rights to television channels.

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Budget 2016: No sops for media and entertainment industry

Arun Jaitley, who also holds cabinet charge Information & Broadcasting Ministry, has once again left the media and entertainment (M&E) industry neglected.

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Budget 2016: What are we getting in return for our taxes, asks Kareena Kapoor...

The budget should go towards our safety — it’s a concern. More money towards our cops, for cameras in public places, separate buses for women, she says.

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Show cause notice issued to two community radio channels

According to Minister's reply, the content of the programmes broadcast by these Community Radio stations was found to be in violation of GOPA.

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CMI acquires General Cables Energy

Cable manufacturing company CMI completed the acquisition of General Cables Energy (GCE), a fully-owned subsidiary of General Cable Corporation (GCC).

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New Silk Route, Pradeep Guha in talks with Sony to sell 9X Media

Owing to poor demand the PE fund and other shareholders have been engaging with prospective buyers on and off for the last two years.

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Freecharge partners with Mexico-based movie theatre chain Cinepolis

With the partnership going live in the second week of March, customers can pay for movie tickets and Food& Beverages (F&B) across 38 Cinepolis theatres in 28 Cities using the FreeCharge wallet.

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Bad news for movie buffs! Censored parts of films to stay out of internet

Film buffs may no longer be able to turn to the Internet for watching portions found objectionable by the censor board.

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New Silk Route in talks with Sony Pictures to sell 9X Media for Rs 250-300 crore

The PE fund, that holds around 80% stake in the company, expects to barely recover the amount it had invested in the business nine years ago.

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Manoj Mohanka may acquire Deccan Chronicle

Manoj Mohanka, former chairman of Network 18 Media, is preparing to acquire ailing media house Deccan Chronicle Holdings (DCHL).

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VuClip plans to launch content portal as OTT player

“We closed that project nearly a year ago, because it was getting tricky with operators themselves interested in offering that service,” said Nickhil Jakatdar.

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Fixed billing model to help boost MSOs revenue: India Ratings and Research

The fixed billing model will mean MSOs will collect a fixed fee from the local cable operators (LCOs), immaterial of the amount collected from the subscriber.

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PVR may be looking to renegotiate terms of deal to acquire DT Cinemas

PVR, which recently crossed the 500-screen mark in India, had in June 2015 announced the agreement to acquire DT Cinemas.

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Digital Co iMusti in talks for partial or full stake sale

iMusti.com, a digital entertainment platform for music, books and movies, is in talks with five entities for a partial or full stake sale.

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Mauritius firm serves arbitration notice on Sun TV case

A Mauritius-based firm has served international arbitration notice to the government over a case related to alleged transfer of funds to Sun Direct TV.

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