Television

Bertelsmann triples profit; Eyes purchases

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2015/11/19/Untitled-1_6.jpg?itok=fGRTH6_z

MUMBAI: The German giant is roaring! Bertelsmann is eyeing acquisitions after its music and TV units helped triple half-year profits, more prominent being Bill Clinton's memoirs and top music acts. 



According to media reports, Bertelsmann chief executive Gunter Thielen said that he was ready to use his group's  $ 2bn (?1.36bn) war chest to invest in growth. Although Thielen declined to comment, it is said that Bertelsmann is looking for acquisitions including part of the British Broadcasting Corporation Worldwide.



But the media reports indicate that BBC has talked to the German group and its bigger US rivals Time Warner and Disney about a possible sale of its BBC Worldwide unit, which owns assets such as magazines and stakes in TV channels.



The world's fourth largest media group, after years of declining sales at the group, saw the revenues at its music unit BMG and television arm RTL Group rise strongly, while cost cuts across the group also helped earnings, says a company statement.



"Bertelsmann is steadily increasing its scope for investments to strengthen our core businesses and expand in new growth markets. We will pursue appropriate opportunities when they become available." Thielen is reported to have said in a statement.



"The BMG music division's recorded music triumphs and RTL Group's excellent business performance made an essential contribution to this rise in earnings," he added.



Strong sales and earnings growth at television broadcaster RTL and music unit BMG helped Bertelsmann, owned by the founder's family and a Belgian investor, to post operating earnings of  596m in the six months to June, up from  186m a year ago, the reports inform.



Former United States president Bill Clinton's My Life and music acts, including rapper Usher and singer Dido, helped sales increase 3.2 per cent to  $ 8.1bn after years of decline. Adjusted for currency effects and portfolio changes, they rose 4 per cent. Cost cuts across the group also helped.



It sold a science publishing unit in 2003 and has consolidated TV station M6 since February.



Bertelsmann's music division BMG, which last month merged with Japanese electronic giant Sony's Sony Music, had 74 million euros in earnings, up from a loss last year, as sales rose by 10 per cent despite the still weak global music market, say the reports.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/19/NG.jpg?itok=K2t16PB_
Monuments Turn Red, As National Geographic Raises an Alarm for Planet Conservation

Glaciers are melting, sea levels are rising, pollution in various parts of the world is at its peak, and tonnes of plastic waste is in the oceans.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/19/jony.jpg?itok=pT_heat_
Sony BBC Earth hosts the extraordinary Natural History Producer and Global Storyteller, Jonny Keeling, in India

Sony BBC Earth, India’s No. 1 factual entertainment channel and home to the most iconic and premium content, continues to deliver to its promise of making the viewers ‘feel alive’.

Television TV Channels Factual @ Discovery
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/19/jumanji.jpg?itok=g7Q0FcKR
‘Ab Jungle meinhoga Dangal’ with the Hindi Television Premiere of Jumanji: Welcome to the Jungleon November 24th at 8pm only on &pictures

Ever wonder how it feels to be inside a game and play the character you choose? In the brand-new adventure Jumanji: Welcome to the Jungle, the tables are turned as four teenagers in detention are sucked into the world of Jumanji.

Television TV Channels Movie Channels
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/19/tv.jpg?itok=sMpw7SEL
Broadcasters see regional adex space growing

Now that the Hindi fervour has died down, broadcasters and advertisers have latched on to the regional segment. It's no wonder that the adex in the space is expected to grow as well. According to the global ad growth forecast of GroupM, India’s adex is expected to grow at 14.2 per cent compared to...

Television TV Channels Regional
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/17/10.jpg?itok=tYOD3hMY
Bodhi Tree focusing on three verticals to scale up business

Over the top (OTT) services have given a big boost to production houses in the country  Bodhi Tree Multimedia, started by Mautik Tolia and Sukesh Motwani five years ago, only concentrated on general entertainment programs on TV initially. Following the change in the overall entertainment industry,...

Television Production House Fiction
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/17/zee.jpg?itok=cSVH9EqA
Mumbai Team franchisee owner unable to meet financial obligations towards Zee Maharashtra Kushti Dangal

Mr. Pranav Rajesh Dake, owner of Zee Maharashtra Kushti Dangal’s Mumbai team – Mumbai Astra has regrettably been unable to meet the financial obligations towards Zee Maharashtra Kushti Dangal (ZMKD), its players and technicians.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/17/Zee-TV.jpg?itok=lBZaLw5Q
Zee TV gets ratings boost from Zee Rishtey Awards

Zee TV's recently concluded annual awards property, Zee Rishtey Awards, clocked the highest viewership ratings across award shows that took place in the last two years. As per the recently released BARC HSM weekly data (Urban + Rural) for the week 44 '18, it secured a viewership of 5495 TVTs, which...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/17/old.jpg?itok=VayqOVWq
No changes in Kannada, Marathi segments in BARC data week 44

In the Bengali space, Colors Bangla and Sony Aath swapped their fourth and fifth positions in BARC data week 44. News18 Bihar Jharkhand emerged as the new player in the market by securing fifth position. No changes were observed in the Kannada and Marathi segments.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/16/epic.jpg?itok=YUXKfF_T
EPIC CHANNEL CELEBRATES 4 YEARS OF GENRE DEFINING CONTENT

Launched on November 19, 2014, EPIC celebrates the completion of four years on air, in which it has set aspirational benchmarks for Indian TV content.

Television TV Channels Music and Youth

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories