Top Story

Home >> Media-Radio >> Article

FM deflects radio ball towards I&B

03-May-2004
Font Size   16
FM deflects radio ball towards I&B

In the midst of elections, finance minister Jaswant Singh has refused to play referee over the FM radio licence issue. Mr Singh has tossed the matter back to information and broadcasting (I&B) minister Ravi Shankar Prasad, sources told FE. Mr Prasad had sought Mr Singh’s guidance earlier this week, on whether to extend the deadline for payment of FM radio annual licence fee. The FM wants I&B to firm up a view.

The I&B ministry, on its part, is preparing to alert the Election Commission (EC), as an extension of deadline could be interpreted as a violation of code of conduct by the watchdog, a ministry source said.

Private FM players across the metros owe the government over Rs 100 crore as this year’s licence fee. The deadline expired on April 29. None of the players coughed up a penny.

Firming up a view is likely to pose a problem. Mr Prasad and his bureaucrats differ over the FM deadline issue. While the minister supports the regulator’s recommendation on extending the deadline, officials in his ministry have refused to take a lenient stand.

The Telecom Regulatory Authority of India (Trai), which has the additional responsibility of the broadcasting sector, recently recommended extending the deadline for payment of fee till a new set of rules are introduced for the FM sector.

FM players, including Entertainment Network India Ltd, Music Broadcast Pvt Ltd, Radio Mid-day and Radio Today, are expecting softer rules for the sector.

A committee headed by Ficci secretary-general Amit Mitra recommended a migration package for the players, from a licence fee to a revenue-sharing regime, among other softer norms. The recommendations came in November 2003, but Mr Prasad couldn’t get them converted into policy before the model code of conduct came into force.

Tags

Varun Raina, Marketing Manager, Airbnb India speaks to exchange4media about the successful #LiveThere campaign and how Bollywood helps them connect with its young consumer

Tim Castree is all praises for his team in India and trusts it to be a result of “an excellent execution of agency’s global strategy” headed by Kartik Sharma

Siddharth Dabhade says Criteo’s technology allows brands to engage with shoppers, create relevant experience on retail apps, thereby driving sales and profits

Shantanu Gangane says OTT platform Viu plans around 20+ originals and is all set to enter the Tamil market with a mix of syndicated and original content

right
left
OFF THE CUFF HAS JOURNALIST ARUN SHOURIE IN CONVERSATION WITH SHEKHAR GUPTA IN MUMBAI IAA HOSTS FIRST INDIAA REGIONAL AWARDS (TELUGU) IN HYDERABAD BREAK THE CEILING TOUCH THE SKY 2018 SEES OVERWHELMING INDUSTRY PARTICIPATION 10TH EDITION OF ABC EUREKA AWARDS IN MUMBAI CELEBRATES WORK OF PARTNER AGENCIES EMINENT JURY PICKS LOUDEST’S 100 MOST POWERFUL INDIAN MUSIC BUSINESS LEADERS MODE LOFT BY SABGROUP LAUNCHES SIGNATURE MENSWEAR POWER DRESSING CLOTHING LINE TOP MARKETERS DISCUSS ART AND SCIENCE OF EFFECTIVE LISTENING @PITCH CMO SUMMIT 2018, DELHI THIRD SEASON OF ‘INDIA’S TOP DIGITAL PLANNERS’ RECOGNIZES EXCELLENCE IN THE DIGITAL INDUSTRY WOMEN ECONOMIC FORUM 2018 SEES DISTINGUISHED GLOBAL PERSONALITIES IN ATTENDANCE PEPPER CREATIVE AWARDS 2018 RECOGNIZE THE BEST IN ADVERTISING IN SOUTH INDIA RADIO CITY’S POWER OF RADIO MEET HOSTS TOP ADVERTISING INDUSTRY LEADERS TOP INDUSTRY PERSONALITIES ATTEND ZOOM-MYNTRA EVENING TO CELEBRATE THEIR PARTNERSHIP LEADING MARKETERS, EXPERTS SHARE INSIGHTS ON DIGITAL TRANSFORMATION @ADOBE SYMPOSIUM IN MUMBAI NICKELODEON TRADE PARTY SEES MARKETING INDUSTRY LEADERS AND THEIR FAMILIES IN ATTENDANCE GOLDEN MIKES RADIO ADVERTISING AWARDS 2018 RECOGNIZE INDUSTRY’S MOST DESERVING ACHIEVERS AIMA MANAGING INDIA AWARDS HONOUR THE BEST IN THE INDUSTRY BW BUSINESSWORLD’S GREAT INDIA DEBATE BRINGS TOGETHER INTELLECTUALS ACROSS INDUSTRY SECTORS BW BUSINESSWORLD SMART CITIES CONCLAVE PATNA 2018 SEES EMINENT INDUSTRY LEADERS IN ATTENDANCE EMINENT JURY PICKS WINNERS OF GOLDEN MIKES RADIO ADVERTISING AWARDS MADDYS 2018 SEE TOP ADVERTISING AND MARKETING INDUSTRY LEADERS IN ATTENDANCE

Abraham Thomas, CEO of Radio City, and L V Krishnan, CEO, TAM Media Research, talk to exchange4media about a recent Nielsen report on radio

The announcement was made by the third judge of the Madras High Court, with an order expected later this evening.

Sanjay Goyal talks to exchange4media about the fast changing norms at companies, the current employment scenario and what would a workplace be like by 2025.