So is this the beginning of another campaign to get sops? If it's not the oil industry crying about subsidies, it is the private airlines crying about low priced tickets. And now it seems, we are going to hear the radio industry cry over their viability. I think the biggest issue here is the financing that has come into these industries.. In Oil, it is established corporate houses, in radio, it is mostly established media houses, and in airlines too, the crying started in right earnest once Kingfisher got in and realised that moneymaking was not the chumps game it seemed.
Compare all these with the internet industry, where the capital was almost entirely risk capital put up by VC's, entrepreneurs etc. They rarely groan about the many issues facing the industry, and have simply worked at figuring out their own unique ways to make money. And of course, a lot of them have fallen by the wayside, as they shd in a normal business environment. Unfortunately, the other industries don;t seem to get this simple fact of business life. I hope they will understand. factors like government policy, music rights etc have to be counted when you are bidding, not lamented on after you have won with a foolish bid.
RE:Radio FM
by Sahil Manekia on Jul 15, 2007 12:16 AM Permalink
Err.. I don't see what business the government has in extracting license fees from radio on top of which they pay taxes.. This is not a mai-baap sarkar anymore- anybody should have the right to set up radio. Not just Mukesh Ambani and other bigshots who can afford the fee.
Furthermore,the govt has no business banning multiple frequencies- its stupid retrograde logic. To point that out isn't 'whining' as you put it..it is a real issue.
