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Zee looks to digital future as Q4 profits fall

Indian media group Zee Entertainment Enterprises has reported a consolidated net profit of INR 1.63 billion in the fourth quarter, a fall of 16% on the same period last year. Zee's consolidated revenues ...


NDTV looks to cable digitisation to hit profitability

Indian broadcaster New Delhi Television (NDTV) forecasts it will become profitable in the financial year beginning April 2012, thanks to the mandatory digitisation of the country's cable TV network. "Cable ...


Sun TV 3Q profits decline

India's Sun TV Network has seen a 25% decline in net profit for the financial quarter ended 31 December 2011, posting profits of INR 168 crore compared to INR 225 crore in the same period of 2010. Turnover ...


ZEEL announces “healthy” profit growth in Q2

A 26.7% growth in second quarter net profit has been announced by Zee Entertainment Enterprises Ltd (ZEEL), which weathered a 4.2% drop in advertising revenue during the period. However, its consolidated ...


Sun TV Network Q3 profit up by 13%

Sun TV Network posted a 13.1% increase in third-quarter net profit as advertising revenue rebounded during the festive season. The Chennai-based company posted net profit of Rs 188.98 crore or Rs 4.82 ...


Net profits rise 6.6% for Indian MSO Den

Den Networks has posted 20.7% year on year revenue growth in its Indian cable television business for the third quarter of the current fiscal year, including a 6.6% rise in its net profit. Den reported ...


Zee reports 21.6% increase in yearly profit

Indian media group Zee Entertainment has posted a 21.6% rise in net profit to INR7.182 billion for the financial year (FY) ended 31 March 2013 compared to INR5.91 billion in FY2012. Operating revenues ...


UTV posts 3Q loss as revenue falls 35%

Indian media company UTV Software Communications has posted a net loss after minority interest of INR 961.99 million for the quarter ended 31 December, 2011 compared with a net profit of INR 399.83 million ...


MSO Hathway posts loss of INR103mn in Q2

Indian multi system operator Hathway Cable and Datacom has posted a net loss of INR 103.18 million in the quarter ending 30 September, compared to a profit of INR40.39 million registered during the same ...


India’s Dish TV posts surge in Q2 revenues

... profit (Ebita) rose 142% between July and September to INR 121.8 crore, compared to INR 50.3 crore a year ago. The Ebita margin registered 25.3%. A net loss was posted of INR48.6 crore, blamed on a foreign ...


MSO Den completes preferential share allotment

... digital TV services after the first two phases of digitisation, with around half of its subscriber base due to be digitised in phases three and four. "Den Networks is the only net profit positive MSO ...


Shemaroo looks to IPO for capital injection

... service; the South Asian content on UK IPTV service BT Vision; and Tata DOCOMO's 3G video platform. The company reported a net profit of INR 136.2 million on a total income of INR 1.60 billion in the ...


India's NDTV bounces back in Q4

... were reported, up from INR 1.3796 billion in the fourth quarter in 2012. Operating profit increased to INR 420 million for the quarter ending 31 March compared to INR 83.5 million in the same quarter of ...


SAARC members should improve TV, comms links: PM Singh

... countries. Telecommunication links to reduce call rates and telecommunication tariffs and interconnection termination charges should be considered to profit enterprise in the region, he added. "It ...


Cable digitisation to transform India’s US$7bn TV industry

...  Last but not least, once the digital implementation begins, gradual consolidation of LCOs is inevitable. As a result, industry profits and value will move to centralized distribution platforms and broadcasters. ...


GTPL takes majority holding in Assam-based MSO

... region. We have done a valuation based on a profit ratio over two to three years," Anirudh Sinh Jadeja, CMD, GTPL, is quoted as saying in Indiantelevision.com. The company has not disclosed the value ...


DD to benefit from top IDPA documentaries

... (28 October). In a move that will support India's independent documentary makers, the non-profit IDPA will provide programmes for the National Channel, DD News, DD Bharati, and international channel ...


Regulatory hurdles hamper pay-TV sector in India and China: CASBAA

... of boasting subscribers put by Digital TV Research at in excess of 100 million, Media Partners Asia believes the pay-TV sector contributes just 1.2% to India's national economic output. Furthermore, profit ...


Reliance Broadcast to launch new HD channel

... also has radio interests - believes its television business will be a major driver for growth in the coming years, and should turn profitable by 2015. An additional 20% is forecast to be added to company ...


Negative view for India’s broadcasters: Fitch

... than the 18-22% falls predicted for the print media sector. Lower profitability will 'lead to the deterioration of the credit metrics of the companies in these two sectors', warns Fitch in its report, ...