JioStar, Zee Entertainment, Eenadu Television, TV Today Network, and ABP Network are among other broadcasters who have surrendered their television licences amid the user shift to digital platforms, reported the news portal Economic Times, citing the Ministry of Information and Broadcasting.According to the news portal's report, nearly 50 television channels have surrendered their licences over the last three years due to the rising challenges in the sector amid the rising user preference for digital consum ...

JioStar, ET BureauSurrender of around 50 licences in three years signals rising stress in linear TVSeparately, 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.The licence surrenders are due to strategic restructuring, financial unviability and changing market conditions, industry executives said.Live EventsIndia's pay-tv ecosystem has been under sustaine ...