NEW DELHI: The Information and Broadcasting Ministry has found 37 channels to have failed to become operational even after one year of permission.

The licence of five of these has been cancelled, while three had requested for extension of time against notice of cancellation. 27 TV channels had sought extension for operationalising their channels. They have been asked to submit Performance Bank Guarantee. The permission of two channels has been withdrawn at the request of the concerned company.

A total of 681 television channels are operational in the country in April this year, out of a total of 825 television channels which had been permitted by the government as on 19 January this year.

Minister of State for Information and Broadcasting C M Jatua said that 116 channels are within the prescribed limit of one year for operationalisation under the Uplinking/Downlinking Guidelines.

The teleports have to pay Rs 87,500 per MHz per annum to the Wireless Planning and Coordination wing of the Communications and Information Technology Ministry for uplinking TV channels.

MUMBAI: English soccer club Manchester United has posted a revenue of ?175 million for the six months to the end of 2011, up from ?156.5 million a year earlier, driven largely by rises in media and commercial income, including a new training kit deal with DHL.

Operating costs, however, rose to ?110 million from ?96.9 million.

Match day revenues rose from ?52.4 million to ?54.5 million, media revenue were up from ?53.7 million to ?60.9 million and commercial revenue was up from ?50.4 million to ?58.6 million.

There was a fall in the bank balance, from ?150.6 million to ?50.9 million, over six months as a result of the ?47 million net outlay on transfers in the summer and ?5.3 million in the most recent quarter alone spent on buying back bonds.

Debt was ?439 million less than the ?508 million reported a year ago.