Television

Shemaroo's third quarter numbers improve, digital revenue increases

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2018/01/24/she.jpg?itok=_125ayly

BENGALURU: Indian integrated media content house Shemaroo Entertainment Ltd (Shemaroo) reported 15.3 percent higher y-o-y consolidated total revenue for the quarter ended 31 December 2017 (Q3 2018, the quarter under review) at Rs 132.85 crore as compared with Rs 115.22 crore in Q3 2017. Revenue from operations increased by 16.8 percent y-o-y to Rs 132.63 crore from Rs 113.54 crore.

In its investor presentation, Shemaroo says that 22 percent of its revenue came from digital media and 78 percent from digital media in fiscal 2017. Revenue from digital media grew by 40.9 percent y-o-y in Q3 2018 to Rs 33.1 crore (20.7 percent of operating revenue) from Rs 23.5 crore (25 percent of operating revenue). The company caters to all types of revenue models such as pay per transaction, subscription and advertisement supported. Shemaroo says that due to its large library ownership, it has the ability to slice and dice content and package it in different ways that are more suited for the digital media platforms. During the nine-month period of the current financial year, revenue from digital media grew by 41.7 percent to Rs 95.8 crore (25.8 percent of operating revenue) from Rs 67.6 crore (20.8 percent of operating revenue) during the corresponding year ago nine-month period.

In Q3 2018, the company said that it had crossed 50 lakh (0.5 crore) subscribers on its YouTube channel ShemarooEnt. Shemaroo has agreements with various internet video platforms like YouTube, Hotstar, Reliance Jio, Apple iTunes, Google Play and YuppTV. The company has agreements with major telecom operators, namely Airtel, Vodafone and Idea, for mobile value-added services (MVAS). Shemaroo distributes imagery, videos, full songs and live streaming under MVAS through both operator branded portals as well as its own branded portals

Although revenue from traditional media grew by 10.6 percent y-o-y during the quarter under review to Rs 99.5 crore from Rs 90 crore, its contribution to operating revenue declined to 75 percent from 79.3 percent. Shemaroo?s traditional media platforms include television syndication, subscription-based services through DTH players and cable operators, home entertainment services and other media like airborne rights for in-flight entertainment, overseas, international film festivals.

Shemaroo?s consolidated profit after tax, or PAT, for the quarter under review improved by 26.5 percent y-o-y to Rs17.95 crore (13.5 margin) as against Rs 14.19 crore (12.5 percent margin) in the corresponding quarter of the previous year.

Shemaroo?s EBIDTA, including other income in the quarter under review, at Rs 36.03 crore (27.1 percent margin on total income of operating revenue) increased by 12.8 percent y-o-y from Rs 31.94 crore (27.7 percent margin on total income of operating revenue).

The company?s total expenditure in Q3 2018 at Rs 105.55 crore (79.3. percent of operating revenue) was 13.6 percent more y-o-y than the Rs 92.66 crore (81.6 percent of operating revenue). Its cost of raw materials consumed declined by 29.2 percent y-o-y in Q3 2018 to Rs 71.98 crore (54.3 percent of operating revenue) as compared with Rs 101.72 crore (89.6 percent of operating revenue).

Employee benefits expense increased by 26.9 percent y-o-y during the quarter under review to Rs 10.25 crore (7.7 percent of operating revenue) from Rs 8.08 crore (7.1 percent of operating revenue). Other expenses grew by 4.6 percent y-o-y in Q3 2018 to Rs 5.74 crore (4.3 percent of operating revenue) from Rs 5.49 crore (4.8 percent of operating revenue).

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/14/cnn.jpg?itok=0ksaER76
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/14/aaj.jpg?itok=DHB4vY0B
Aaj Tak HD hits airwaves, available on Tata Sky

India’s leading news broadcaster Aaj Tak has announced the launch of country’s first Hindi HD news channel - Aaj Tak HD.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/14/Uday_Shankar1.jpg?itok=IDT2qFvU
Uday Shankar's meteoric rise from Star India to Disney APAC

The man running India's largest media company - Star India-  has made it to the top in the Asia Pacific region at probably the world’s most admired entertainment company - Disney. Uday Shankar, who once was a reporter with The Times of India, and then went on to successfully lead news channels such...

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/14/DreamWorks_800_0.jpg?itok=sSYpWXTb
DreamWorks to launch Fight Sports and Kids+ channels

DreamWorks Channel, a Southeast Asian pay television network that is owned and operated by DreamWorks Animation International TV, a subsidiary of NBCUniversal, which is a division of Comcast, has set the ball rolling to launch two new channels - Fight Sports and Kids+ Asia. It has started the...

Television TV Channels Kids
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/14/Star-Zeel.jpg?itok=CGxBu6QW
4 Star and 3 Zeel channels most watched across genres

Four channels from the Star India network, three channels from Zee Entertainment Enterprises Ltd (Zeel) and one channel each from Sony Pictures Network India (SPN), the Sun TV Network, and Viacom 18 comprised the list of the top 10 channels across genres for week 49 of 2018 (Saturday, 1 December to...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/13/uday.jpg?itok=JWjW_ZUg
Disney hoicks Uday Shankar to top job at Fox-Disney combined unit for APAC

MUMBAI - As part of the integration planning for the pending acquisition of Twenty-First Century Fox, Inc. (“21st Century Fox”-NASDAQ: FOXA, FOX), the Direct-to-Consumer & International (DTCI) segment of The Walt Disney Company (NYSE: DIS) today announced plans for the strategic alignment of...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/13/golf.jpg?itok=t1xZuWYj
Discovery strikes agreement with European Tour to expand GOLFTV portfolio and establish the ‘digital home of golf

Discovery and the European Tour have announced a new partnership that will see GOLFTV continue to expand its portfolio and move towards becoming the established ‘digital home of golf’ for fans around the world.

Television TV Channels Factual @ Discovery
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/13/cnn.jpg?itok=IIZst38X
TURNER’S KIDS AND NEWS CHANNELS WIN BIG AT INAUGURAL ASIAN ACADEMY CREATIVE AWARDS

CNN and Cartoon Network won eight honours – also known as “Goddess of Creativity” wins – at the Asian Academy Creative Awards on December 6, the region's version of the International Emmy Awards.

Television TV Channels Kids
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/13/history.jpg?itok=B9C8evmw
Uncover the enthralling journey of the most notorious drug lord on HISTORY TV18 HD’s ‘The Rise & Fall of Pablo Escobar’

Pablo Escobar’s belief that “Life is full of surprises, some good, some not so good.” forms the basis for a thrillingbiography of the world’s most infamous drug lord.

Television TV Channels Factual @ Discovery

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories