Television

ETC Networks posts PAT of Rs 141m for FY2003

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2015/11/13/Untitled-1_14.jpg?itok=EmJzoPTH

ETC Networks' total income for the quarter ended 31 March 2003 (4QFY03) was Rs 88.21 million (as compared to Rs 92 million for the corresponding period ended 31 March 2002). The net profit for the quarter was Rs 16 million as compared to the loss of Rs 157.29 million for 4QFY02.

A press release states that the year 2002-03 has been one of of consolidation and growth for the company. Despite the film and music industry going through its worst period the company has been able to register handsome increase in its total revenue and operating profits, it adds.

The ETC Networks scrip opened the day at Rs 41.45 on the Bombay Stock Exchange (BSE) and dropped 2.29 per cent to end the day at Rs 40.65. The 52-week high and low of the company were Rs 99 and Rs 33 respectively.

The release also states that the increase in profits is mainly because of increase in total revenues and strict cost control measures taken by the company. During the year total operating revenue has increased by 26 per cent and total operating costs have decreased by 17 per cent as compared to previous year's figures.

The release also mentions that the dividend will be paid on expanded capital of Rs 139.2 million. Total cash out flow on account of payment of dividend will be Rs 27.8 million. The dividend will be free of tax in the hands of shareholders' since the company would be paying dividend tax at the rate of 12.5 per cent amounting to Rs 3.5 million.

In terms of future strategy, ETC Networks has started the process of integration of various functions such as sales and programming in order to draw synergies from the strengths of each other. It has started recycling its existing programmes to exploit the same in overseas markets using Zee's existing international platform. In UK, the programmes have received overwhelming response from the viewers, the release adds. There are plans to launch the programmes on a commercial basis in USA and some other markets also.

The release also mentions that the company has taken conscious decision to improve upon its channel content by having optimum mix of trailors and music and film based programmes. As such the inventory for trailors on the channels is restricted. This policy has already resulted in increase in advertising revenues on both channels, the release adds.

According to the release, ETC Punjabi and ETC (Music) have further consolidated their market leader status in their respective genre. ETC Punjabi claims to enjoy 70 per cent market share among all Punjabi channels and ETC (music) claims to have a 40 per cent market share among the music channels in India. Out of top 25 programmes among the music channel 16 programmes are from ETC (as per TAM report), says the release.

In order to improve corporate governance practices, the company has appointed CR. Mehta, former member company law board, as additional director on the board.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/05/Rajesh-Kaul.jpg?itok=7vwve68i
El Clasico among most viewed global annual sporting events, says Sony's Rajesh Kaul

MUMBAI: Spain’s leading football league La Liga’s official broadcasters in India -- Sony Pictures Networks India president, distribution and sports Rajesh Kaul has said that El Clasico was among the most viewed annual sporting events in the world and they enabled football fans who could not watch...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/05/White-Highway.jpg?itok=LL3E4p7T
Discovery A-Pac, Hubu & Looking Glass acquire lifestyle, sports & wildlife programmes from GRB

MUMBAI: GRB Entertainment has announced sales to Discovery Asia-Pacific, Hubu Media, and Looking Glass International for a variety of titles spanning lifestyle, wildlife, and sports.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/03/Pankaj-Sourav_0.jpg?itok=-MGetI3Q
World Billiards Championship to be telecast live on digital media

MUMBAI: Sports app Sports Flashes has tied up with Billiards & Snooker Federation of India (BSFI) to telecast the IBSF World Billiards Championship live. The championship will be taking place in Bengaluru from December 5 to 12. The eight-day championship that includes the Points format and the...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/star-plus-800x800.jpg?itok=skBw-Vyj
Star Plus leads in traditional entertainment media brand category: Study

In an industry study conducted by Vidooly, it is observed that Facebook could be a great platform for aspiring video creators in the country. They can then incorporate it in their overall content strategy and try to leverage other platforms like YouTube, Twitter and Instagram.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/discovery-800x800.jpg?itok=0Nm7MzL-
Discovery to air 'River Monsters' throughout December

Freshwater detective, biologist and extreme angler Jeremy Wade has spent three decades traveling the world’s waterways in search of man-eaters that lurk beneath the surface of rivers and lakes in some of the most inhospitable locations in the world.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/tv-today-800x800.jpg?itok=S95bd2jx
Q2-17: TV Today Network topline up

BENGALURU: TV Today Network Limited (TVTN) reported 5.1 per cent increase in standalone revenue (TIO) for the quarter ended 30 September 2016 (Q2-17, current quarter) as compared to the corresponding quarter of the previous year (Q2-16). Standalone profit after tax (PAT) however declined 4.1 per...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/monisha-800x800.jpg?itok=Z2ntYoIO
Discovery appoints FremantleMedia's Monisha Jaising Vaid

Discovery Networks is on a hiring spree. In its endeavour to accelerate growth and embrace opportunities beyond linear, Discovery Networks Asia-Pacific has now appointed Monisha Jaising Vaid as the director of original content for real world products. She joins from FremantleMedia India TV...

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/fremental-800x8000.jpg?itok=KYe2Um-i
Wentworth: Fremantlemedia International, Sky Deutschland tie up

FremantleMedia International (FMI) has announced it had secured a deal with German-speaking PayTV platform, Sky Deutschland, for the award-winning and critically-acclaimed prison drama, Wentworth.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/Amirzada-cast.jpg?itok=AdSC4XPM
Amirzada Nawab Khan's story to be telecast on Zee Yuva

MUMBAI: Maharashtra Police, one of the potent police forces in India, has come a long way from the decade of 80s when it lacked training & high-end precision weapons which is the norm of late. That decade was marked with the rise in crime and police’s main weapon were their networking skills...

Television TV Channels GECs

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories