CMM Broadcasting posts slim profits for JQ 2002-3, shifts to PAS-10, reaches the UK

MUMBAI: CMM Broadcasting Network, the company that runs the CMM music channel and faith channel Aastha, has declared a net profit of Rs 2,97,000 for the JQ 2002-3, up a whopping 37 per cent from the figure of Rs 2,17,000 for the corresponding period last year.

Net sales from operations have increased 8 per cent to Rs 12.57 million up from Rs 11.58 million, total income has gone up marginally by 1 per cent from Rs 18.07 million to Rs 17.88 million. The company's staff costs have risen considerably, from Rs 4,62,000 last year to Rs 7,73,000 in the quarter just ended. But tight control over other expenditure has enabled it to show a rise in its net.

CMM, the company's digital free to air music channel and Aastha have recently shifted to PAS 10, says the company. Earlier available in 156 countries globally, Aastha and CMM are now available in an additional four countries, the important addition being UK, home probably the largest Indian diaspora. 

The changeover will enable CMM Broadcasting Network to fulfill the longstanding demands of Indian-descent UK residents, says the management. Though available as a free-to-air channel there currently, it is slated to become a pay service over time. 

PanAmSat's fleet of spacecraft will also enable Aastha reach viewers in the USA too shortly, says the channel.

Latest Reads
Maha Cartoon targets 65 per cent rural HSM via DD FreeDish, 2000 LCOs

Who can forget the Charlie Chaplin show which entertained the world audience of all ages. Maha Cartoon, the first free-to-air (FTA) Hindi cartoon channel targeted at the Hindi-speaking markets (HSM), will be launched on India's largest DTH platform DD FreeDish on 1 November. The new Maha Cartoon...

Television TV Channels Kids
Vikram Chandra steps down; KVL Narayan Rao is new NDTV group CEO

The rumours that were making rounds of Vikram Chandra quitting NDTV have now been put to rest.

Television TV Channels People
Naagin helps Colors capture top position this week: BARC

Backed by Naagin Season 2, Colors was almost close to Star Plus to get the number one position, but, this week, Colors went few steps ahead and grabbed the leadership position and replaced Star Plus in week 42. Even in Urban GECs market, Colors toppled Star and took over the number one position.

Television TV Channels Viewership
SPN India to broadcast Barclays ATP World Tour finals

Sony Pictures Networks India (SPN) will exclusively broadcast the upcoming ATP events in the month of November. The ATP 1000 Paris Masters will be aired live on Sony ESPN channels and will be streamed live on SonyLIV app and website. The ATP 1000 Paris Masters in Paris will begin on 31 October.

Television TV Channels Sports
Hunt for Zee Business head continues

MUMBAI: Zee Business, an arm of Zee Media Corporation, has seen several transitions in its management this year. The channel was initially headed by Amish Devgan, who decided to move away after serving for 14 years. It was then led by Zee Media Corporation’s then CEO for content Samir Ahluwalia,who...

Television TV Channels People
'King' content will take over monopolistic media entities, says Arnab Goswami

NEW DELHI: The future of news lies in breaking away from the interdependence of politicians and the media on each other.

Television TV Channels News Broadcasting
Animated 'Ramayana' a global Diwali gift on web, mobile

NEW DELHI: Thirty episodes of the animated series Ramayana will be available around the world on the nexGTv web and mobile platforms during Diwali.

Television TV Shows Animation
Sports Minister lauds b'casters, other stakeholders in promoting sports

NEW DELHI: India’s Sports Minister Vijay Goel said on Wednesday that digital media broadcasting will play a critical role in bringing about change in sports broadcasting in India but broadcasters must also focus on how sports as a product is delivered to audiences in rural areas so as to popularise...

Television TV Channels Sports
Know your karma on IBN7 with 'Karm Path'

In an attempt to give its viewers a refreshing start of the day, IBN7 is launching a new show titled Karm Path. Starting 27 October, the show will predict what the day holds. The show is a differentiator in its own genre as it connotes the supremacy of deeds over destiny.

Television TV Channels News Broadcasting

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories