Multi system operator (MSO) Siti Networks' consolidated revenue from operations for the fiscal ended 31st March 2021 has declined 4.4% to Rs 1536.9 crore from Rs 1608.3 crore in the previous fiscal. The company's net loss for the full fiscal jumped 12.7% to Rs 241.4 crore from Rs 214.1 crore.

iTV Network and Kaydence Media Ventures (KMV) have entered into a strategic partnership to develop global media properties from Goa.

Through this synergistic tie-up, Goa Chronicle and Incubees brands of KMV will get a major expansion across the print, digital and TV platforms of iTV Network.

iTV Network and KMV will also launch a Goa-based news channel and newspaper, focusing on the Konkan region.

Mumbai: The IN10 Media Network’s general entertainment channel, Ishara, has resumed the shooting of its original shows, which remained suspended for weeks due to the second wave of the pandemic.

The shows Agni-Vayu, a romantic thriller, Paapnaashini Ganga, a mythological show, and family drama, Janani have begun shooting for new episodes while adhering to all the government rules to protect its cast and crew, the channel announced on Friday.

"The pandemic hit us hard, and like many other industries, the media and entertainment sector was no exception. With shoots getting cancelled, the broadcasters had to make do with reruns of existing shows or bring back older popular shows to the small screen," said the channel in a statement.

Direct to home (DTH) operator Sun Direct TV has reported a 22% growth in FY21 revenue at Rs 1845.8 crore from Rs 1513 crore in the previous fiscal due to aggressive paid subscriber addition, as per information provided by a Crisil report.
The company's EBITDA for fiscal 2021 stood at Rs 738.32 crore, compared to Rs 581 crore in FY20. Further, the company's EBITDA margin improved by 160 basis points to 40% in fiscal 2021 from 38.4% in fiscal 2020.
The company had posted revenues of Rs 1513 crore for the fiscal ended 31st March 2020. In the previous fiscal, the company's revenue was Rs 1602 crore. The DTH operator reported net profit of Rs 67 crore for FY20, compared to Rs 10 crore in the previous fiscal.

The Association of Regional Television Broadcasters of India (ARTBI) has merged with the News Broadcasters Federation (NBF), according to a statement on Friday.

The decision was ratified at the NBF Governing Board meeting, the Federation said in the statement.

Last week, the television measurement body Broadcast Audience Research Council (BARC) India introduced a major change in its format of publishing viewership data on its website. The measurement body did not publish genre-wise data for non-subscribers and now on, it will only post market-wise data, starting June 5, 2021.  

KOLKATA: The Association of Regional Television Broadcasters of India (ARTBI), on Friday merged with the News Broadcasters Federation (NBF), making NBF the largest body representing the business interests and editorial freedom of news television broadcasters in the country.

In order to ensure better content security and prevent revenue leakage, the Telecom Regulatory Authority of India (TRAI) recently came out with a set of framework for conditional access system (CAS) and subscriber management system (SMS). The authority noted that a sub-standard CAS/SMS renders a distribution network vulnerable to hacking and piracy.

KOLKATA: Sun TV Network has navigated the pandemic well through the FY21 despite initial setbacks as it ended q4 with Rs 449.88 crore profit, 80 per cent up year-on-year. While there could be short-term headwinds in ad revenue due to the second wave of the pandemic, the company remains positive that the performance would be much better than the last lockdown.

The broadcaster saw its ad revenue bounce back in the January to March quarter. However, the second wave hit the performance in the first quarter of FY22. It is still not known if a third wave would be more fatal. Hence, the company has not given any definite guidance for the coming year but its endeavour for the year is to at least reach the levels of FY20, a company spokesperson said in an earnings call.

In FY 21, the company’s subscription revenue grew by about 11 per cent in FY21. The company is confident to maintain double-digit growth in FY22 as well, especially as it hopes to see a higher purchase of set-top boxes by a related party distribution company. Despite uncertainty around NTO 2.0, the company sees enough visibility on the subscription side.

After 61 days of inactivity,  shoots of television shows, web series, and films will now resume in Mumbai from June 15, 2021. The Maharashtra government, on June 6, while announcing the unlock plan, stated that the film and television industry can resume shoots but with restriction. 

The government has allowed shoots to take place in a bubble and mandated that no movement should take place outside post 5 pm from June 7 since Mumbai was under level 3 according to the new unlock plan.