iWorld

Rediff.com Q2 net profit up at $1.5 mn

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/07/26/ITV.jpg?itok=hA9dNHKw

MUMBAI: Rediff.com has posted a net a income of $ 1.5 million, or 5.14 cents per ADS, for the second quarter ended 30 September 2006, up from $ 310,000, or 1.19 cents per ADS, a year ago.

Revenues rose by $6.66 million, an increase of 53 per cent over revenues from the quarter ended 30 September 2005. While India contributed to online revenues that grew by 71 per cent to $4.71 million, as compared to the corresponding period of the previous year.

US Publishing revenues for the second quarter increased by 23 per cent to $1.95 million compared to the revenues for the quarter ended 30 September 2005, states an official release.

Operating EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) increased to US $1.14 million for the quarter ended 30 September 2006 as compared to US $0.50 million in the corresponding period of the previous year.

With revenues from the India Online advertising business growing by 94 per cent for the quarter ended 30 September, compared to the same quarter in the prior fiscal year, online advertising remains the primary growth driver for the company.

There has also been a spike in the number of registered users on the site which has grown by 21 per cent to 47.7 million, over the number of registered users a year ago.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/28/deol%20%281%29.jpg?itok=pJ-BrMZd
Actors Apply associates with Vijayta & Lakhia for projects

ActorsApply.com is helping cast key characters for Apoorva Lakhia’s next, a romantic-thriller web series to be shot partially in India and London. The online system is also on the lookout for a debutante to star in Vijayta Films’ next, a much-anticipated venture starring Sunny Deol’s son, Karan...

iWorld eNews
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/28/Christopher-Slaughter%20%281%29.jpg?itok=zcwI7Bg-
How is OTT redefining media: CASBAA announces summit in Singapore

CASBAA, the Association for digital multichannel TV, content, platforms, advertising and video delivery in Asia, has announced its 4th OTT Summit, Asia’s OTT industry marquee annual event. A series of panels comprising the region’s leading experts will explore in detail how traditional media is...

iWorld Over The Top Services
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/28/Aditya_Aima-Minal_Sharma.jpg?itok=F9f9_tYJ
Culture Machine reorganises sales team

MUMBAI: Digital media network Culture Machine has reorganised its sales team. Siddharth Narula, who served as the president – revenue, has been promoted to chief revenue officer. He will overlook the expansion of the firm’s technology sales footprint in international markets, starting with South...

iWorld Over The Top Services
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/28/SiddharthaRoy-800x800.jpg?itok=AGO2pG8_
Hungama Play partners UK' ITV Studios, to foray into original content

MUMBAI: Video-on-demand (VOD) player Hungama Play has partnered with ITV Studios, a commercial production company in the United Kingdom. With this association, subscribers can now stream popular titles like Jekyll and Hyde, Mr Selfridge, Jericho, Agatha Christie’s Poirot as well as Beowulf to...

iWorld Video On Demand
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/27/amzaone%20%281%29.jpg?itok=rPJLBlvy
Amazon & Netflix bag maiden Academy Awards

From wrongly naming the winner for the best film to presenters handling wrong cue cards, this year’s 89 Academy Awards did make news but, for several odds. Not only was La La Land named as the winner of for the best film instead of Moonlight but, reportedly presenters were given the wrong cue...

iWorld Video On Demand
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/27/mittal%20%281%29.jpg?itok=uIyWNuJu
Airtel makes roaming data & incoming free

Bharti Airtel, India’s largest telecommunications services provider, today announced radical changes that redefine the value proposition for domestic and international roaming. With this, Airtel mobile customers will be able to carry their numbers across India and the world and stay connected all...

iWorld Telecom
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/27/rock-on%20%281%29.jpg?itok=PP5jeOzQ
Conjuring 2, Fleabag & 'Rock-On 2' digital premiere on Amazon Prime

Are you looking for some adventure filled with comedy and drama? Then, Amazon Prime Video is your place to be! Get ready to relive the ‘magik’ of music with the digital premiere of ‘Rock on 2’.

iWorld Video On Demand
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/27/Telcos.jpg?itok=4hKNfhy2
Telcos may offer multi-play OTT for security, energy & appliance control: Report

MUMBAI: The Smart Home is a growing fifth-play opportunity for operators. The global smart home market is growing exponentially, attracting an array of service providers, including technology giants and startups to major media players, device makers, big-box retailers, home improvement companies,...

iWorld Telecom
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/27/GPS-800x800.jpg?itok=FlPmmJTS
Smartphone chip market to be worth US$ 5bn by '22: Report

MUMBAI: GNSS Chip Market is estimated to be worth US$ 5.22 billion by 2022. Some of the factors driving the growth of the GNSS chip market include the high penetration of electronic, wearable, and connecting devices; increasing demand for accurate and real-time data; rising demand for high-speed...

iWorld Telecom

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories