The DTH market faces pressure as consumers shift to over-the-top (OTT) streaming services and cheaper options like Doordarshan's Free Dish, forcing traditional operators to seek growth opportunities
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Most operators point out that investing in last-mile access for broadband services makes sense in the top 1,000 cities, where the quality of the fibre is good
Leading DTH system operator Tata Play has reported a net loss of Rs 105.25 crore for the fiscal ended March 2023, according to financial data accessed by the business intelligence platform Tofler. The company reported a net profit of Rs 68.6 crore in FY22, as per the data. Its revenue from operations slipped 5.1 per cent to Rs 4,499.19 crore from Rs 4,741.07 crore a year ago. Tata Play (earlier knowns as Tata Sky) is not a publicly listed entity. However, it has earlier this year received approval from the capital market regulator Securities and Exchange Board of India (Sebi) to raise funds through initial public offerings (IPOs). The total expenses of Tata Play stood at Rs 4,691.25 crore in 2022-23. The total income of Tata Play, a JV between Tata Group and Rupert Murdoch-owned 21st Century Fox, fell 5 per cent to Rs 4,529.97 crore. Its total liabilities declined to Rs 8,658.22 crore in FY23 from Rs 9,198.1 crore in FY22. Its borrowings in FY23 rose to 2,787.35 crores from Rs
Tata Play Binge will offer access to 27 national, regional, and international OTTs in 13 languages
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Deepak, who was earlier Chief Business Development Officer at Tata Sky, will be responsible for expanding and leading the flagship business for the class 4 to 10 segment
Tata Sky said the government's decision to grant licences to the operators for a longer 20 years would provide certainty to the industry
Leading direct-to-home operator TataSky has recaptured its pre-COVID-19 levels in terms of installation of new connections, a top company official has said. The company, which operates in both DTH as well as OTT segments through its bundling service Binge, said the TV viewing time has gone up after the lockdown. According to Tata Sky managing director and CEO Harit Nagpal, DTH and OTT are going to co-exist with both of them offering unique content. "Both have their own place as they serve mutually exclusive and unique content and one does not substitute the other," Nagpal told PTI. On being asked as to whether the average revenue per user from the DTH business would be impacted as consumption of OTT on large screen trough smart TV is on the rise, he said: "We have not seen one platform suffering at the cost of the other". "TV is a platform that is consumed by the whole family and there will always be someone in the household who will have something that he likes to watch on live T
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We are fortunate because our goods and services are virtual and we can be paid virtually., said CEO Nagpal
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The merger with Dish TV provides Airtel substantial access to new homes.
Total subscriber base for the DTH market in the June quarter stood at 68.92 mn versus 72.44 mn in the March quarter
Binge app brings together content from OTT platforms and allows you to stream them on TV screens, but Rs 249 monthly subscription seems expensive, as it does not include Netflix and Prime Videos
The service will initially offer digital content from, Hotstar, Sun NXT, Eros NOW, Hungama Play via a single subscription fee of Rs 249 a month