Sun TV Network has launched two new FM radio channels. The FM radio channels have been launched in Lucknow and Bhopal under the brand name S FM. SUN which is very dominant in South India has now started aggressively entering North India with FM radio channels. Sun TV has many more licences to start FM radio stations all over North India.
Reliance Communications today informed the stock exchanges that Reliance Big TV has become a fully owned subsidiary of Reliance Communications. Reliance Big TV Pvt Ltd has obtained licence to provide Direct To Home (DTH) services throughout India. Reliance Communications’ entry into the DTH space is likely to spur a price war in this space which is good for the consumers.
Sun TV has informed the stock exchanges that South Asia FM, a subsidiary of Sun TV, has entered into a strategic alliance with Red FM. Through this strategic alliance with Red FM, Sun TV aims to expand its radio broadcasting business into north, east and western regions of India. Red FM has licences for radio stations in all the states in India except the southern states.
Sun TV network ltd has informed the stock exchanges that it has bagged the telecast rights for the forthcoming four nation one day international (ODI) cricket series to be held in Ireland, in local south Indian languages. Apart from India and Ireland, South africa and Pakistan will also be participating in this ODI cricket series. RAJ TV had bagged the rights for the bangladesh series, where many days of play were washed out due to rain. However RAJ TV seems to have lost out to SUN TV this time for the crucial Ireland ODI series which will involve sellout India-Pakistan matches. The clarity and commentry (in Tamil) was bad in RAJ TV. Lets hope SUN TV’s coverage is better. The Ireland ODI cricket series will be telecast with Tamil commentary in SUN News channel, Kannada commentary in Udaya Varthegalu channel and Telugu commentary in Gemini News channel. The Ireland cricket series begins on 23 June 2007 and ends on 3 July 2007. The SUN TV stock prices rose today after the announcement was made. Finally someting for SUN TV shareholders to cheer about.
Leading media group TV18 which owns Network18 has informed the stock exchanges that it has decided to enter the highly competitive entertainment sector through the newly floated E18. E18 will organise large corporate events and celebrity concerts and so on. The events will automatically get publicity because of TV18’s strong media presence. E18 will be a subsidary of Network18.