Television

Zee Network net rises 2% to Rs 545 million

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/07/14/Subhash%20Chandra.jpg?itok=97jtIPzc

MUMBAI: Subhash Chandra's Zee Telefilms Ltd saw net profit for the network as a whole rise 2.4 per cent to Rs 545.50 million for the quarter ended 30 September, 2002, up from Rs 532.90 million in SQ-2001.

Riding on the back of increased subscription revenues, total income increased from Rs 2,478.60 million in SQ-2001 to Rs 2745.50 million in SQ-2002.

However, if we examine the performance of Zee Telefilms alone without its subsidiaries, the results have been extremely disappointing. There has been a 45.5 per cent drop in net profits to Rs 161.30 million from Rs 295.90 million for SQ-2001.

Income from sales & services has decreased from Rs 1046 million in SQ-2001 to Rs 880.30 million in SQ-2002. Other income is at Rs 186.70 million.

On the expenditure side, transmission and programming costs fell to Rs 409.1 million from Rs 502 million in SQ-2001. Staff costs were also down by about a third from Rs 93.1 million in SQ-2001 to Rs 64.2 million, indicating some significant downsizing has taken place. Other expenses however, went up more than two-fold from Rs 88 million to Rs 196.5 million.

The consolidated results presented a better picture though and were are as follows:

Ad revenues went up marginally from Rs 1406.2 million in SQ-2001 to Rs 1423.5 million. Subscription revenues saw the biggest jump from Rs 779.9 million to Rs 1211.2 million. Other sales and services, however saw a drop from Rs 292.5 million to Rs 110.8 million. This reduction in income on the other sales front could well be because 2001 saw the release of the blockbuster hit movie from the Zee stable, Gadar Ek Prem Katha, which added positively to the company's bottomline.

Zee issues outlook:
"Although advertising spends continue to remain lacklustre, Zee strategic programming initiatives are expected to help in maintain or improve its share of advertising revenues. However subscription revenues form the domestic as well as the international markets continue to grow at a healthy rate, which will provide an increasing broadbasing of revenue stream in the days ahead."

"We continue to face an extremely challenging environment but are reasonably confident of our ability to deliver value from our multi-pillar business model which we feel is best suited in the diversified Indian environment."

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/sunny-leoae.jpg?itok=3SZqrF40
Sunny Leone in Discovery JEET’s show Man Vs Wild

Sunny Leone will be displaying her adventurous side as host of the mega-popular survival series Man Vs. Wild. The iconic series will telecast in Hindi on the soon-to-be-launched GEC Discovery JEET. The new GEC will premiere in the second week of February 2018 and the series will feature the...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/sm.jpg?itok=gUhILkq8
Times Now appoints Sujeet Mishra as marketing head

Times Network, part of India’s media conglomerate, The Times Group today announced the appointment of Sujeet Mishra as head of marketing, Times Now.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/sony-bbc_1.jpg?itok=mQuiQxIO
Experience space with BBC's new VR experience

The BBC is giving you a chance fly. Home - A VR Spacewalk is an interactive virtual reality (VR) experience launched today for the HTC Vive and the Oculus Rift, and is available to download for free via the Steam Store and the Oculus Store.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/bbc_0.jpg?itok=jTEnctw5
Sony BBC Earth presents the Best of 2017

Sony BBC Earth revisits some of its most popular episodes of the best shows in a special programming line-up titled Best of 2017 starting 18 December 2017, every night at 7 pm and 11 pm.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/shemaroo.jpg?itok=JLK5kQw2
Increased revenue from traditional media boosts Shemaroo numbers

Integrated media content house Shemaroo Entertainment Limited (Shemaroo) reported 18.3 percent higher year-on-year (y-o-y) consolidated total revenue for the quarter ended 30 September 2017 (Q2 FY 2017-18, the quarter under review) stood at Rs 1,345.7 million as compared with Rs 1,138.6 million in...

Television Production House Film Production
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/mur.jpg?itok=Hql64_2L
21st CF spins-off into new live news & sports co Fox

MUMBAI: After the blockbuster acquisition of 21st Century Fox by The Walt Disney Company, the former has announced that it will spinoff into a new brand Fox’ that will seek to replicate its own success in the newly focussed verticals of live news and sports brands. Using fiscal 2017 as a base, the...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/uday_0.jpg?itok=t8VAurqw
With Star India, Disney emerges as India's largest M&E firm

MUMBAI: Unlike the US, where the merger of The Walt Disney Co and 21st Century Fox’s entertainment assets is between two near equals, the scenario in India is totally different. 21st Century Fox’s India venture Star India is a $1.7 billion dollar media and entertainment behemoth while Disney India...

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/14/bob.jpg?itok=zPgBgsME
Disney to buy 21st Century Fox assets for $52.4 billion

The Walt Disney Co has set up a $52.4 billion, all-stock deal to acquire 20th Century Fox and other entertainment and sports assets from Rupert Murdoch’s empire.

Television TV Channels Movie Channels
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/14/mania.jpg?itok=Jb64uy53
MOVIES NOW brings #StopDreamingAndStartWinning with 100 Mania Season 5 for its viewers

Movies Now, India’s english movie channel, rings in the festive season with its property ‘100 Mania’, beginning Friday, 15 December at 9pm. In its 5th season, the channel has curated a line-up of some of the biggest Hollywood blockbusters like Furious 7, Jurassic World, Disney’s The Jungle Book,...

Television TV Channels English Entertainment

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories