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HomeArticlesEditorials2018 Opens up with a new sunshine
Monday, 01 January 2018 07:35

2018 Opens up with a new sunshine

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It is time to welcome the New Year with new aspirations and new hopes. After Demonetisation ended on 31st December 2016, it adversely impacted the economy throughout the 2017. Implementation of GST, country’s biggest economic reform further added to the woes of the industry due to confusion created by different slabs, lack of understaning of procedures and frequent modifications to the rules and deadlines. Thank God, after an year, there are some hopes of improvement in the economy and businesses are coming to a normalcy. Many small businesses in telecom as well as broadcast industries have however, suffered irrevocably.

There has been criticism of some national TV channels for blatant violations of the programming and advertising codes and Ad cap rule during the recently concluded Gujarat Elections. Some channels were literally seen campaigning for certain political parties even on the day before the elections when officially political parties were not allowed. PM Modi should thank the Media for helping BJP to win the elections in a sea-saw battle.

The biggest media story of years unfolded in 2017 when finally Disney decided to take over Rupert Murdoch’s 21 Century Fox including Star Network and stakes in Tata Sky. Murdoch however, has retained his News Network with him. Experts are already speculating its impact on the International as well as Indian Media scene. It will be interesting to see how the industry reacts all over the world. 

TRAI has come out with a consultation paper to review regulations concerning uplinking, downlinking of television channels and teleports. Another consultation paper the regulator has floated is on empanelment of auditing agencies for addressable systems. 

In 2014, PM Modi, while campaigning for elections, made 2G scams as the biggest issue and ultimately this even brought down the UPA govt making Modi as the PM. However, strangely the final verdict of the CBI court in 2G scam case acquitted all including former telecom Minister A Raja and Kanimozhi, daughter of the DMK Supremo who allegdly received 200 crores in her company Kalaignar TV as a kickback. 

2017 has left many issues unresolved in the industry, like Tariff orders and interconnect regulations stuck in the Madras High Court; and Ad cap issue stuck in the Delhi High Court. Make in India effort of the Government to encourage STB manufacturing in India has not picked up and dependence on imports has retarded the progress of Digitisation considerably. Our Annual Industry Guide and Directory is in the making and all those who wish to participate with their listings, advert and advertorials may contact us at the earliest. 

We wish a Very Happy and Prosperous New Year to all our readers. Let’s hope we overcome all hurdles in the New Year and move forward. 

—— Lt. Col. (Retd.) K K Sharma

Editor

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