Star free to increase stake in Tata Sky
Star India, a fully owned subsidiary of 21st Century Fox, will be able to up its stake in Tata Sky with the TRAI freeing the broadcast sector cap of 20 per cent in a direct-to-home (DTH) company. The government allows 74 per cent foreign direct investment (FDI) in DTH. “From a regulatory perspective, it is a positive for Star as it can ramp up its stake in Tata Sky [currently it has an effective stake of 30 per cent]. It will, however, be subject...
How TRAI’s cross-media restrictions can impact Star, Zee and Sun
Star India, a fully owned subsidiary of 21st Century Fox, will be able to up its stake in Tata Sky with the TRAI freeing the broadcast sector cap of 20 per cent in a direct-to-home (DTH) company. The government allows 74 per cent foreign direct investment (FDI) in DTH. “From a regulatory perspective, it is a positive for Star as it can ramp up its stake in Tata Sky [currently it has an effective stake of 30 per cent]. It will, however, be subject...
How TRAI’s cross-media restrictions can impact Star, Zee and Sun