Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Monday, 16 January 2017, 19:30 HKT/SGT
Share:
    

Source: CASBAA
CASBAA Warns Indian TV Regulations Threaten Investment

INDIA, Jan 16, 2017 - (ACN Newswire) - CASBAA, the Association of Asia's pay-TV Industry, today warmly applauded the judicial review now underway in India of proposed extension and tightening of India's pay-TV rate regulations.

The Madras High Court is currently reviewing the clash between the rights of copyright owners around the world and new tariff regulations proposed by the Telecom Regulatory Authority of India (TRAI). The court has ordered the TRAI not to give effect to the rules until the underlying issues are considered, with a hearing now set for January 19th.

CASBAA CEO Christopher Slaughter observed that the new rules would be a major negative factor for the business environment in the $17 billion Indian media industry. "India's pay-TV regulations have long been among the strictest in the world", he said. "The proposed new rules are highly intrusive and would make the environment much worse. Such a heavy-handed regulatory regime will inevitably hit foreign companies' interest in investing in India."

Indian law gives copyright owners the ability to price and sell their creative works. In filing the Madras suit, the petitioner broadcasting organizations denounced the TRAI regulation as contrary to these principles as enshrined in the law, and in international treaties to which India is a signatory. (The TRAI rules would establish a controlled price regime by mandating a la carte channel supply, setting the ceiling, by specific genres, that broadcasting organizations can charge to multichannel program distributors, limiting discounts, prescribing carriage fees, and stipulating a compulsory distribution fee to be paid by Broadcasting Organizations to multichannel program distributors.

CASBAA has long expressed concern about India's previous rate regulations, which included a cable retail price freeze imposed in 2004 "until the market became more competitive" and never revoked.

"Today, India's television content market is among the most competitive in the world," said Slaughter. "Modern cable MSOs, six different DTH platforms and now online OTT television are all giving Indian consumers a wide range of viewing options."

CASBAA's Chief Policy Officer John Medeiros observed that "As convergence and greater competition sweep the TV economy, other governments around the world are eliminating rate controls, to give more scope to competition among traditional and new online providers. In the last few years, Korea and Taiwan have both undertaken to liberalize their pay-TV price controls, leaving India as the last market economy in Asia with a hyper-regulatory regime. The proposed new rules would take India in the opposite direction from the rest of the world."


Contact:
Cynthia Wong
Member Relations & Marketing Director
CASBAA
Tel: +852 3929 1711
Email: cynthia@casbaa.com


Topic: Press release summary
Source: CASBAA

Sectors: Media & Marketing, Broadcast, Film & Sat, Daily News
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



CASBAA
July 19, 2018 15:00 HKT/SGT
Casbaa releases updated pay TV and OTT Regulatory Review for Asia
July 4, 2018 11:30 HKT/SGT
Casbaa Satellite Industry Forum 2018 - Keeping up with change is the way forward
June 25, 2018 15:00 HKT/SGT
The upsurge in Hong Kong of pirated TV boxes poses a major threat to the subscription video industry
Mar 27, 2018 12:00 HKT/SGT
Casbaa OTT Summit - Day 2: Customer retention is key
Mar 22, 2018 16:00 HKT/SGT
OTT Summit - Day 1: Addressing the "Perfect Storm"
Dec 28, 2017 16:30 HKT/SGT
Selling Illicit Streaming Devices (ISDs) in Hong Kong is illegal
Dec 13, 2017 17:00 HKT/SGT
CASBAA Lauds Indian Ease of Doing Business; Calls for Policy Reforms for Broadcast & Satellite Industries
Nov 30, 2017 12:00 HKT/SGT
Louis Boswell Appointed CEO, CASBAA
Nov 28, 2017 13:00 HKT/SGT
Alliance for Creativity and Entertainment and CASBAA's Coalition Against Piracy close down Australian illicit streaming device operation
Nov 13, 2017 19:00 HKT/SGT
CASBAA Announces New Board of Directors
More news >>
 News Alerts
Copyright © 2024 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: