[HCDX] FIPB holds up Worldspace India's audio streaming plans
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[HCDX] FIPB holds up Worldspace India's audio streaming plans



 Satellite radio company WorldSpaceâs proposal to provide audio
music programmes for listening on its website has been returned to the
applicant. The FIPB board has advised the company to submit it afresh
after the government policy on the related activity is notified.
WorldSpace India will now have to wait until the notification
of Government policy pertaining to satellite radio services, to offer
streaming of audio music programmes on its website. The Web-based
service proposed by Worldspace is seen as B2C (business-to-consumer)
activity by the Government and hence needs separate permission. 





Under the current law, Web-based service requires the Foreign Investment Promotion Board clearance.

The deferring will delay the company's plans to deliver the
channels via its site, which would have spelt good news for its Indian
music subscribers in different parts of the world. WorldSpace India
had stated that the programmes would be streamed, allowing it to
receive payment (in lieu of subscriptions to the service) and revenue.
It had also pointed out that the proposed service would only involve
streaming but not support playback, storage or recording of music.

The company wanted to promote the service, distribute and
transmit content over various mediums in locations outside India as
well. The proposal had come up for discussion in the previous meeting
of the FIPB in April this year, but was deferred. 





Worldspace plans to go ahead with its overall organisational
plans and without any major changes in its approach of business
execution in India, While globally the company has been facing several
problems, in India, the company has been optimistic about future
prospects, especially with the expected finalisation of the satellite
radio policy. At present, World Space provides 34 radio channels in
India that include BBC World and London-based WRN news channels.(http://www.radioandmusic.com)



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