Loksabha has given thumbs up to the new broadcast bill.
Lok Sabha has approved a bill, making mandatory the sharing of live feed of all national sporting events by private TV channels with Doordarshan.
Information and Broadcasting Minister Priyaranjan Dasmunshi announced the ruling in the Lok Sabha on Thursday. Union Minister and BCCI President Sharad Pawar, too, had met with the I & B Minister to resolve the situation.
What this means is that all sporting events, yes all, which are deemed to be of national importance will now have to be shown compulsorily on Doordarshan irrespective of who has the rights for the same.
Hmm..great news for a lot of people actually. The private players can no longer do the price hikes which they used to do before the start of any major series. However on the flip side, the tv revenues for all sporting events is all set to go down.