Television

TV18's national news biz achieves break even in FY'12

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/11/10/Untitled-1_10.jpg?itok=vUp02lcQ

MUMBAI: The national news business of TV18 Broadcast continues to be operationally profitable, even if the bottom line is in red. The company said that the national news business of TV18 Broadcast has attained break-even status while losses continue to kick in from regional news operations.

General News (CNN-IBN, IBN7 & 50% of Lokmat)

TV18's general news operations on a combined level posted an operating loss of Rs 17 million for the fourth quarter, narrowing it from Rs 22 million in the earlier year. However, this is marginally higher than the fiscal-third quarter when the operating loss was Rs 16 million.

Revenue rose to Rs 916 million, from Rs 705 million in the corresponding quarter of the previous fiscal.

For the full-fiscal, revenue stood at Rs 3.03 billion, up from Rs 2.52 billion a year ago. The operating loss stood at Rs 44 million, narrowing from Rs 122 million in FY'11.

"Our general news operations performed particularly well in a highly competitive market and our revenues for the full year grew by 20 per cent. Our national news operations are now break-even," the company said.

Business News (CNBC TV18 and CNBC Awaaz)

Operating profit from the business news segment for the final quarter of the fiscal has narrowed to Rs 157 million, from Rs 289 million a year ago.

Revenue stood at Rs 1.03 billion, up from Rs 950 million.

For the full-fiscal, revenue tood at Rs 3.32 billion, up from Rs 3.06 billion a year ago. Operating profit was down to Rs 604 million, from Rs 880 million.

"Business news operations delivered a strong quarter driven by the Union Budget quarter. Our flagship coverage of key events such as the World Economic Forum Annual Meeting in Davos in January and programming around the Union Budget in February and March as well as coverage on the Budget Day itself was very well received by our audiences," the company said.

TV News biz as a whole (CNBC TV18, CNBC Awaaz, CNN IBN and IBN7)

On a standalone basis, TV18 posted a net loss of Rs 83 million for the quarter compared to Rs 114 million a year ago.

Income from operations jumped to Rs 1.92 billion, from Rs 688 million. Advertising revenue stood at Rs 1.48 billion (from Rs 641 million), while subscription revenue was Rs 321 million, up from Rs 38 million.

Operating expenses jumped to Rs 1.77 billion, from Rs 687 million as its spend on marketing, distribution and promotional expenses and production expenses surged almost three times.

The company has not provided the financial results of Lokmat18, where it holds 50 per cent stake and Lokmat the remaining half, separately this time.

Infotaiment (History18)

The operating loss from intotainment channel History18 (AETN18 is a 50:50 JV between A&E TV Network and TV18 which runs History18) stood at Rs 154 million.

Revenue from infotainment channel History18, which was launched in the third quarter of the fiscal, stood at Rs 63 million.

TV18's combined operating loss from news operations and infotainment was Rs 14 million, reversing from a profit of Rs 259 million in the earlier-year quarter. Revenue grew to Rs 2.01 billion compared to Rs 1.65 billion a year ago.

Consolidated results

On a consolidated basis, TV18 Broadcast (the name of the listed company) posted a net loss of Rs 334 million for the fiscal fourth quarter, mainly due to new channel launches (Sonic, Comedy Central and Colors HD). The company's consolidated net loss in the same quarter of the earlier year stood at Rs 132 million.

Revenue jumped to Rs 5.12 billion, from Rs 2.06 billion a year ago. Advertising revenue (including TIFC and motion pictures) was at Rs 3.12 billion (from Rs 1.64 billion), while subscription revenue stood at Rs 646 million, from Rs 241 million in the year ago period.

Expenses during the quarter jumped to Rs 5.58 billion, from Rs 1.98 billion.

For the full fiscal, consolidated net loss widened to Rs 738 million, from Rs 174 million. Revenue stood at Rs 14.23 billion (from Rs 8.04 billion). For the full fiscal, advertising revenue stood at Rs 10.50 billion, while subscription revenue was at Rs 1.90 billion.

Expenses during the fiscal doubled to Rs 14.72 billion, compared to Rs 7.57 billion in the previous fiscal.

TV18's consolidated numbers include 100 per cent standalone and AETN18, 50 per cent share of Viacom18 and 50 per cent share of IBN Lokmat. 

The company's shares closed Wednesday at Rs 25.4 on the BSE, up 0.99 per cent.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/20/star.jpg?itok=K3XoMVlt
Star Bharat experiments with early morning slot

Star Bharat is all set to experiment with weekend morning slot by launching a three-hour programming band from 5 August.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/20/nat-geo.jpg?itok=d0gKCXTS
National Geographic’s new show to tell success stories of India’s icons

National Geographic will be coming up with a unique show called Mega Icons which will see the success stories of inspiring personalities of India from different platforms.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/20/logo.jpg?itok=kqtvgsLH
Viacom signs deal with pocket.watch for small screen content

Kids’ entertainment platform pocket.watch has raised $15 million in a funding round led by Viacom. Under their agreement.

Television TV Channels Kids
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/20/star-maa.jpg?itok=ILnfHVFv
STAR Maa announces call for entries for a brand new reality show PelliChoopulu

In continuation to give its viewers a unique and entertaining show, Star Maa the most viewed Telugu entertainment channel has announced the call for entry for its upcoming reality show PelliChoopulu.

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/20/zee.jpg?itok=hkFiTrEy
Zee Telugu announces auditions for all new season of its legendary dance reality show, Aata Juniors

Aata Juniors, one of Zee Telugu’s most sought-after reality shows is soon making a comeback to the channel and is looking for the final contestants via auditions.

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/20/bahu.jpg?itok=oVI8-9Wk
Sony Max pushes its way to most watched Hindi channel across genres

Sony Pictures Network India (SPN) Hindi movies channel Sony Max was ranked second in Broadcast Audience Research Council of India (BARC) weekly list of top 10 channels across genres (across genres list) for week 28 of 2018 (Saturday, 7 July 2018 to Friday, 13 July 2018, week or period under review...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/manish_0.jpg?itok=cAX2IDtI
Dangal TV prepares to scale up ambition with new play

When it comes to general entertainment channels (GECs), hitting the sweet spot isn’t all that easy.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/fox.jpg?itok=qeI4K472
Comcast drops bid for 21st Century Fox assets, cedes prize to Disney

The fierce bidding war between Comcast and Disney has finally ended with the former dropping out of the race to gobble up the prized 21st Century Fox assets. Comcast will now shift its focus towards sealing the Sky deal.

Television TV Channels Movie Channels
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/manish.jpg?itok=C8nj-8lv
ZEEL elevates Manish Aggarwal as business head of Zee5 India

In a recent development, Manish Aggarwal has been elevated as business head of Zee5 India, the OTT platform of Zee Entertainment Enterprise (ZEEL).

Television TV Channels People

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories