Television

Viacom's first quarter revenues up by 5 per cent

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/03/26/Viacom.jpg?itok=de1y8yHQ

MUMBAI: Media conglomerate Viacom has reported a hike in revenues for the first quarter ended 31 March 2005. Revenues increased by five per cent to $5.6 billion from $5.3 billion for the same quarter last year.

This was led by growth in nearly every business segment and by 19 per cent gains in Cable Networks.

Ad revenues increased by five per cent. Operating income increased by seven per cent to $1.1 billion from $1.05 billion led by increases of 20 per cent in cable networks, 20 per cent in the outdoor division and 10 per cent in entertainment.

On the flip side net earnings from continuing operations were $585 million compared to $618 million for the first quarter of 2004. The television segment revenues of CBS and UPN as well as income generated through syndication declined by five per cent to $2.1 billion from $2.3 billion.

This was due to lower advertising revenues from the CBS/UPN Networks and the Stations group principally due to the absence of the Super Bowl and lower political ad spending and TV licence revenues.

Advertising revenues declined by four per cent at CBS and UPN Networks combined and at the Stations group.

Lower TV licence revenues principally reflected the absence of licence fees for Frasier and Hollywood Squares recorded in the same quarter a year ago.

The previous year's quarter had also benefitted from the renewals of Everybody Loves Raymond by incumbent stations and an international licensing agreement for certain Star Trek series.

TV expenses declined due to lower sports rights partially offset by increased advertising and promotional expenses. Operating income for the TV segment decreased by eight per cent to $304 million from $331 million.

Television's operating income as a percentage of revenues was 14 per cent versus 15 per cent in the first quarter of 2004.

Viacom's free cash flow for the first quarter of 2005 declined by two per cent to $828 million from $847 million for the same prior-year period.

This was principally due to higher cash taxes, increases in capital expenditures and changes in working capital. Their effect was partially offset by increased earnings.

Viacom chairman and CEO Sumner M Redstone said, "Although TV revenue and operating income declined in the first quarter because of the absence of the Super Bowl and political ad spending, CBS is going into the upfront advertising season with the strongest ratings and demographic mix in over 10 years, which bodes very well for us for the rest of 2005 and into 2006.

"We continue to explore the separation of Viacom into two new and focussed entities that could better position our businesses for continued growth and enhance shareholder return.

"We are diligently working to determine and resolve all the issues raised by the proposed transaction and expect to complete the analysis in the second quarter."

The company states that it is on track to deliver mid single-digit growth in revenues and operating income and high single-digit growth in earnings per share.

Cable networks ad revenue for the quarter grew by 27 per cent and was led by gains at MTV International, Nickelodeon, Comedy Central, MTV, VH1 and Bet.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/24/ipl-2017_0.jpg?itok=KF2215Kb
IPL net realisation up, digital ad revenue grew astronomically as compared to TV

MUMBAI: How has the life and business of brands, sportspersons, advertisers and the allied industry changed since the advent of one of the most popular sporting events -- IPL. The net realisation of IPL property has gone up by five per cent despite the depreciation of the rupee against the US...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/24/KBC.jpg?itok=vQxpCX7O
Sony gets 11 KBC sponsors, ad inventory almost sold out

MUMBAI: Five days from now, when Kaun Banegi Crorepati (KBC)  fans tune into the iconic Amitabh Bachchan-hosted long-running millionaire game show)  on Sony Entertainment Television (SET) from 9 pm to 10:30 pm, they will come across quite a few innovations. For one, they will notice that KBC in...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/23/goel_0.jpg?itok=E8EnbUu2
Jawahar Goel raises alarm of emerging Star cricket monopoly (updated)

This is Jawahar Goel at his inimitable best. The TV industry old timer and chairman & MD of India’s largest satellite TV distribution platform Dish TV.

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/23/abp_0.jpg?itok=QUHQx6eH
ABP News TV says it has crossed 7-mn mark on Twitter

@abpnewstv, the Twitter handle of ABP News, has claimed to have crossed seven million followers. This growth, ABP says, has been fuelled by what it called real-time updates and engaging content on latest news and happenings from across India.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/22/amit-nair.jpg?itok=EXBgTfgm
Men@10's unique content to help Living Foodz sustain its position, says Amit Nair

Watch your favourite lifestyle shows this month, as Living Foodz' ‘Men@10’ has got under way; it airs every Monday to Friday between 10 - 12 midnight. Living Foodz business head Amit Nair said, “Living Foodz has sustained its position in the lifestyle genre, owing to its unique content. Our shows...

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/22/mohan.jpg?itok=n7ztN1Qm
Carnival Cinemas appoints Mohan Umrotkar as CEO

Spearheaded by Dr. Shrikant Bhasi, Carnival Cinemas has appointed Mohan Umrotkar as its chief executive officer. He takes over from P. V. Sunil who has been elevated as the managing director of the company.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/22/Dmitry%20Shishkin%20BBC_0.jpg?itok=lQAV7bYt
Why India expansion makes sense to BBC

MUMBAI: BBC is rising to the fact that expansion in India makes logical sense. With the proliferation of news sources, BBC is witnessing a mobile revolution especially in India, Asia and Africa. "It would be presumptuous to think that people would come to our websites just because we’ve launched...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/22/Untitled-1_1.jpg?itok=I4RqQXC3
STAR, Zee & Times top media list, Airtel & Tata Sky entrenched

MUMBAI: STAR, Zee and Times have continued to lead in the list of top 10 media groups in India. The growth of television distribution firms, Business Standard reported, has been one of the major changes the listing has seen in five years. Bharti Airtel and Tata Sky are now well-entrenched in the...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/22/Untitled-1_0.jpg?itok=C2sUrpU-
English News, Religious & Music HSM genres lose: Chrome DM

MUMBAI: 'Sports - All-India' genre has emerged as the most benefitted genre with 1.92 per cent. DD Sports has topped the chart with 95 per cent opportunity to see (OTS) in week 33, Chrome Data Analytics & Media reported.

Television TV Channels Viewership

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories