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Thursday, July 16, 2026 9:07 PM

Dish TV

Dish TV Targets 25% Revenue from Non-DTH Business, Launches VZY Smart TV Range

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Dish TV India is reshaping its business model with a strong push beyond traditional direct-to-home (DTH) services. The company expects 25% of its revenue to come from non-DTH businesses within the next 18–24 months, according to CEO and Executive Director Manoj Dobhal. Marking a bold step into the smart TV market, Dish TV has introduced its VZY (Vibe, Zone & You) series, an integrated entertainment solution that combines DTH, OTT platforms, and live TV in a single device. The VZY range currently offers seven models, from 32-inch HD to 55-inch 4K UHD QLED, priced between ₹12,000 and ₹45,000. Dish TV has already ventured into digital platforms with its OTT service Watcho (launched in 2019) and the quick-commerce platform Shopzop (launched in August 2025, now offering 4,000+ products). These, along with future innovations, are expected to strengthen its non-DTH revenue streams. “Dish TV will no longer be seen only as a DTH brand. In two years, we want to be recognized as a complete content ecosystem player, spanning devices, streaming, and linear TV,” Dobhal said at the VZY launch. In FY25, Dish TV posted revenue of ₹1,567.6 crore, down from ₹1,856.5 crore in FY24, largely due to declining Pay TV subscribers and stagnant ARPU. The company sees its new product strategy as a pivot to regain growth momentum. Unlike other smart TV makers, Dobhal emphasized that VZY’s integrated model is “unique,” eliminating the need for additional set-top boxes or separate OTT subscriptions. Currently powered by Google TV, Dish TV also plans to roll out its own operating system within the next two years. The VZY range will be available nationwide through retail outlets and e-commerce platforms, with the company encouraged by strong initial demand. Source: PTI

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DTH Revenues Dip in FY25 While FM Radio Sees Growth: MIB Report

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The Ministry of Information and Broadcasting (MIB) reported a decline in revenue from the Direct-to-Home (DTH) television sector in FY25, signaling a waning user base for pay TV services. In contrast, earnings from the FM radio sector witnessed an uptick, according to the ministry’s latest financial disclosures. In FY25, revenue from private DTH operators stood at ₹648.73 crore, down from ₹692 crore in FY24 and ₹859.96 crore in FY23—a 25% decline over two years. Meanwhile, private FM radio revenues rose to ₹196.28 crore, up from ₹186.80 crore in FY24 and ₹178.99 crore in FY23. Overall, the ministry earned ₹1,012.39 crore in non-tax revenue in FY25 through the Bharatkosh platform on the NTR e-portal, primarily from TV and radio licensing fees. India’s DTH sector, comprising Tata Play, Airtel Digital TV, Dish TV, and Sun Direct, has seen a continuous drop in active pay-TV subscribers—from 70.26 million in 2020 to 56.92 million in 2025, as per TRAI data. This trend is driven by a growing shift toward OTT platforms and the free-to-air DD Free Dish service, which now reaches an estimated 50–60 million households. Adding to the sector’s challenges, the MIB issued demand notices exceeding ₹16,000 crore to private DTH operators for unpaid licence fees. Meanwhile, DD Free Dish, operated by Prasar Bharati, does not pay licence fees and falls outside the private DTH revenue structure. On the other hand, FM radio continues to maintain its relevance, especially in regional and semi-urban markets. Revenue is generated through entry and migration fees, licence fees, tower rentals, and processing charges. The ministry noted FM’s growing popularity among youth and advertisers, with 388 private FM channels operating across 113 cities in 26 states and 5 Union territories as of March 2024. New FM stations have also been launched in border areas such as Leh, Kargil, Bhaderwah, Kathua, and Poonch to bolster outreach efforts. TRAI data shows total advertising revenue for FM radio reached ₹466.63 crore in Q4 FY24, a slight drop from ₹500.11 crore in Q3, but still reflecting the medium’s resilience in a rapidly evolving media environment. Source: Economic Times  

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