MUMBAI: The rollout of TRAI's new tariff order made its presence felt in the fourth quarter of the financial year 2019. While the Q4 revenues of leading DTH operator Dish TV were impacted due to transition to the new regulatory framework, CMD Jawahar Goel said he believes the regulator may undertake the exercise of price rationalization that could result in higher uptake of TV channels.
“The migration has given significant data insight to the TRAI and the price regime remains under consideration. We believe the TRAI may undertake the exercise of price rationalisation which should result in higher consumption of channels going forward,” Goel remarked after Dish TV published its Q4 result.
We are the largest Digital Entertainment Company in South India: Anil Pallala, Co-founder & CEO, Silly Monks
Silly Monks Entertainment Ltd, founded in 2013, is one of the leading digital entertainment companies in India that got successfully listed in Stock Market. On its second year after going public, Silly Monks has aggressively expanded in South Indian digital entertainment space with its own offices and team of talents propelling the organization towards growth path in its respective markets.
In this Leaderspeak, Anil Pallala, Co-founder & CEO of Silly Monks has shared his future plans for the company.
MUMBAI: The Telecom Regulatory Authority of India (TRAI) issued directives to three distribution platform operators (DPOs) to comply with all provisions of its new tariff order. The regulator issued the notice to the DPOs after finding several violations.
Based on an inspection of Bhatinda-based multi system operator MC Transmission, the authority found partial functionality of the website, non-availability of customer care centre and toll-free number and non-functionality of customer care channel in violation of the provisions of the QoS Regulations, 2017 notified by the Authority. The authority observed the same problems with two other Punjab-based MSOs Citi Cable Net and Chetak Cable Network.
MUMBAI: It’s never a dull month when it comes to Netflix. After having a content slate of 62 new originals in May, the streaming giant is set to release 56 more Netflix original shows, movies, and specials in June.
Among the upcoming shows, the blockbuster Black Mirror’s season 5 will land on 5 June. Other popular shows like Dope, Aggretsuko, and Dark are all back with new seasons as well, and the third and final season of Marvel’s Jessica Jones will also be released.
According to media reports, the streaming giant spent $12 billion for developing originals last year. Netflix released 88 per cent more original programming in 2018 compared to the previous year. Moreover, the spending on original programming may reach $15 billion this year
MUMBAI: In Hindi GEC (U+R) Dangal TV stood at first position according to the Broadcast Audience Research Council (BARC) data for week 20 of 2019. In rural areas also, Dangal bagged leadership position. Star Plus secured the first position in urban areas.
Hindi GEC (U+R)
Dangal TV, Big Magic, Star Plus, Zee TV, Colors, Sony Entertainment Television, Sony Sab, Star Bharat, Sony Pal and &TV stood at first, second, third, fourth, fifth, sixth, seventh, eighth, ninth and tenth positions respectively.
BENGALURU: The Sunil Lulla-led Indian film and media company Eros International Media Ltd (Eros) reported a 12.8 percent jump in total revenue for the year ended 31 March 2018 (FY 2019, period or fiscal or year under review) as compared to the previous year FY 2018. Operating revenue for the period increased 7.4 percent in FY 2019 as compared to FY 2018. Profit after tax (PAT) and total comprehensive income (TCI) for the year under review jumped 15.2 percent and 37.2 percent respectively as compared to FY 2018. Arising from this the company has once again crossed the Rs 1,000 crore annual operating revenue mark
MUMBAI: Prime Minister Narendra Modi-led National Democratic Alliance (NDA) rode to a landslide victory in the 2019 election, with margins bigger than 2014. The party’s win proved all exit poll predictions true. While the BJP-led NDA bagged 349 seats, the Congress-led NDA could manage just 91. Prominent faces from the media and entertainment industry welcomed the people’s mandate.
“Transparency and technology, in my opinion, are the two key important aspects which will boost the media & entertainment sector and hence the government should continue its efforts in enabling this convergence. Our nation is blessed with rich and immense creative potential, which needs to be further unleashed and capitalised in order to drive innovation and most above, generate employment. I congratulate Prime Minister Narendra Modi on his victory. Corporate Inc. must together join this era of transformation and march ahead towards making the nation a global superpower," Zee Entertainment Enterprises Ltd MD and CEO Punit Goenka commented.
BENGALURU: The South Indian television and radio broadcaster behemoth, the Sun TV Network Limited (Sun TV), reported consolidated total comprehensive income of Rs 1,432.87 crore (37.9 percent of consolidated operating revenue for the year ended 31 March 2019 (FY 2019, year or period or fiscal under review), which was 26.2 percent higher than Rs 1,134.65 crore (38.3 percent of consolidated operating revenue) for the previous year FY 2018.
Sun TV reported 27.7 percent increase in consolidated operating revenue for FY 2019 at Rs 3,782.54 crore as compared to Rs 2,963.02 crore in FY 2018. Consolidated total Income for the period under review at Rs 4,009.65 crore was 29.1 percent more as compared to Rs 3,105.39 crore in FY 2018.
MUMBAI: Eros International Media’s net profit for the quarter ended 31st March has jumped 14.6% to Rs 69.7 crore compared to Rs 60.8 crore in the corresponding quarter of the previous fiscal. PAT Margins stood at 26.5% in Q4 FY19 as compared to 23.6% in Q4 FY18.
EBIT declined 7.3% to Rs 98.8 crore from Rs 106.6 crore in the previous fiscal. EBIT margins stood at 37.5% as compared to 41.3% in Q4 FY18.
Total income jumped 2.1% to Rs 263.2 crore from Rs 257.8 crore. Direct Costs stood at Rs. 86.6 crore including Rs. 61.9 crore of content amortisation.
The company said that 16 films across languages and 7 digital series, together with TV, Overseas and catalogue revenues contributed to the quarterly performance. During the quarter, the company released, 16 films across languages and 7 Digital series.
MUMBAI: The television premiere of ‘Total Dhamaal’ has propelled Star Gold to number 1 position in urban + rural HSM in week 20 of BARC India ratings. ‘Total Dhamaal’ premiere garnered 1.67 crore impressions in U+R HSM.
Star Gold has pushed Zee Cinema to the third position while &pictures replaced Enterr10 at the fifth position. Star Gold has also entered the top 10 channels list across genre.
The channel had premiered the movie on 12th May at 12:30 pm. The ensemble film had raked in Rs 150 crore at India box office.
The movie is the Indra Kumar’s third installment of the super hit, Dhamaal franchise is a laugh riot packaged with adventure, action, comedy and a pinch of romance. The film marks the reunion of the most iconic Bollywood couple, Anil Kapoor and Madhuri Dixit Nene after 17 long years.
Star Gold has become the top channel in urban HSM as well by pushing Zee Cinema to the third spot.
In urban HSM, ‘Total Dhamaal’ premiere notched 1.15 crore impressions.
In rural HSM, Sony Max jumped to the third spot while Star Gold moved to the fourth position. Zee Cinema slipped to the fifth position.
The movie premiere notched 52 lakh impressions in rural HSM.