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/2017/01/20/hul%20%281%29.jpg?itok=RZX0thii
Online, music cos.enter top 10 TV advertisers list in week 2 of 2017

The first week of 2017 saw an all FMCG hold over the top 10 television advertisers list in terms of ad insertions as per BARC data. The total number of television ad insertions by the top10 brands in week 1 of 2017 (Saturday, 31 December 2016 to Friday 6 January 2017) was 268,323 as per Broadcast...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/20/Sun%20TV%20%281%29.jpg?itok=PP6ytKhV
Sun TV to air Nandini on four GEC channels

Sun TV Network is set to launch its magnum opus fiction Nandini on all its four south Indian GEC channels, namely -- Sun TV, Gemini TV, Udaya TV and Surya TV from 23 January.

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/20/vikas-khanchnadani%20%281%29.jpg?itok=x-8QnjSF
RBNL ex-CBO Khanchandani joins Arnab's Republic

Vikas Khanchandani former RBNL chief business officer has joined Republic as the chief executive officer. With over two decades of working across ad sales, digital, television and media technology, Khanchandani will play an integral role to grow Republic as an independent media tech company.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/20/zeel%20%281%29.jpg?itok=cqlzQ-tv
Broadcasters bat for parity with print medium under GST

The Indian Broadcasting Foundation (IBF) today urged the government to level the playing field under the proposed GST regime for “all mediums”, including electronic, radio and print, as businesses across sectors had taken a hit due to demonetisation of high value currency notes November last.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/20/alibaba.jpg?itok=l-4J-9ON
Alibaba starts Olympic run with a multi-billion $ sponsorship deal

Chinese e-commerce giant Alibaba Group yesterday started its Olympic run by signing a multi-billion dollar multi-year deal with the International Olympic Committee (IOC) to become the official `Cloud Services’ and `E-commerce Platform Services’ partner, as well as a Founding Partner of the Olympic...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/20/pesha-bajrao.jpg?itok=ciXGnCnZ
Sony Entertainment launches historical series 'Peshwa Bajirao'

MUMBAI: Sony Entertainment Television is bringing to television viewers the glorious life of India’s only undefeated warrior/commander -- Peshwa Bajirao, his unconventional ways, his principles in life, his passion and his ideologies.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/20/NP-SINGH-DANISH-KHAN-800x800.jpg?itok=X4ORURUi
Sony Entertainment TV plans to expand its early prime time to 6pm

MUMBAI: With the launch of its new offering Peshwa Bajirao, Sony Entertainment Television has entered the 7.30 pm time slot. The channel has expanded its prime time to 7.30pm, and plans to expand it further to 6pm time band in coming 12-18 months. Speaking to Indiantelevision.com, Sony Pictures...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/19/miss%20%281%29_1.jpg?itok=x_7NkjRo
Miss Universe 2016 to air on Zee Café live from Philippines

After the success of stunning events such as Miss World 2016 Live and Victoria’s Secret Fashion Show, Zee Café, the ultimate English GEC brings to its viewers yet another -global event, Miss Universe Live this January, 2017.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/19/naagin%20%281%29.jpg?itok=dmJsHL_0
Colors leads BARC week 2 Hindi GEC (U+R) market

Naagin’s magic continued to make Colors the number one channel in Hindi GEC (U+R) even as Star Plus led the genre in the Urban Hindi GEC market. In Rural Hindi GEC market, Rishtey topped the chart again this week, according to the Broadcast Audience Research Council (BARC) all India data of week 2...

Television TV Channels Viewership

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories