Perturbed by the views and complaints from the stakeholders, the Department for Promotion of Industry and Internal Trade (DPIIT) has sought Information and Broadcasting (I&B) ministry’s views on issues raised by certain stakeholders over the government’s decision to restrict FDI in digital media to 26%.
Advertisers are shying away during the ongoing festive season due to economic slowdown. As per analysts, while the consumer mood has picked up to an extent but it is still nowhere as good as last year with industry experts admitting that this festive season may only see a marginal growth compared to the festive season last year.
TRAI’s new tariff order caused massive damage to the broadcasters, as per Asia Video Industry Association (AVIA). It said the industry incurred Rs 850 crore in costs towards consumer awareness and migration to the new regime and put in place business strategies aligned to the New Tariff Order (NTO).
R Vasumathi, the DD’s Assistant Director of Programme in Chennai, is in soup as the Prasar Bharati (PB) has initiated disciplinary proceedings against him for failing to telecast live on DD Podhigai a speech by Prime Minister Narendra Modi at the Singapore-India Hackathon 2019 held at IIT Madras's research centre in Chennai on September 30.
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