Digital Streaming: Over 50 TV channels, including JioStar and Zee, have surrendered their broadcasting licenses as viewers rapidly shift toward digital platforms, causing significant challenges for India’s traditional TV sector.
As many as 50 television channels have surrendered their licences over the past three years, underscoring mounting challenges for India’s linear television sector as digital consumption accelerates across connected TVs and mobile platforms and advertising revenues dwindle.JioStar, Zee Entertainment Enterprises, Eenadu Television, TV Today Network, NDTV and ABP Network are among broadcasters that have surrendered licences, according to data from the Ministry of Information and Broadcasting (MIB). Separately, Culver Max Entertainment, which operates as Sony Pictures Networks India, surrendered 26 downlinking permissions after receiving MIB approval to uplink and downlink the same set of channels, data showed.
