Financial Daily from THE HINDU group of publications Friday, Mar 19, 2004 |
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Radio/TV Variety - Sports Channels clueless on losses from Indo-Pak series telecast Our Bureau
New Delhi , March 18 A DAY after the Supreme Court (SC) directed Ten Sports to share its signals of the on-going Indo-Pak cricket series with Doordarshan, Ten Sports, Cable Distribution Network (CDN) and Prasar Bharati have been assessing the losses that they will have to suffer due to conflicting business interests. They are hoping that the Court would eventually enable each of them to make some money from the event. And even before the calculations of the losses are done, questions are being asked on the heads under which the damage would be assessed. Prasar Bharati officials are questioning the Rs 208-crore damage that CDN has claimed before the Court. "How did they arrive at this number when the total cable connectivity is still very low?" Meanwhile, sources close to Taj TV, which owns Ten Sports, are questioning the issue of carriage fee that Prasar Bharati has been planning to charge from Ten Sports. "When Ten Sports did not ask them for a platform how can they charge carriage fee?" Though there have been talks of an out-of-court settlement between the parties, no discussions took place on Thursday. The next SC hearing has been scheduled for April 15.
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