Television

Zeel Q1-2015 y-o-y advt revenue up 17 per cent

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2014/07/19/Zee_logo.jpg?itok=cqr2_U2A

BENGALURU: The Subhash Chandra led content and broadcast player Zee Entertainment Enterprises (Zeel) reported a 17.4. per cent increase in advertising revenue in Q1-2015 to Rs 622.10 crore (57.3 per cent of total operating revenue or TOR) as compared to the year ago revenue of Rs 530.07 crore (54.5 per cent of TOR) and 6.8 per cent higher than the Rs 582.36 crore (50.3 per cent of TOR) reported for the immediate trailing quarter.

However, the company’s Q1-2015 PAT at Rs 210.57 crore (19.4 per cent of TOR) was 6.3 per cent lower than the Rs 224.64 crore (23.1 per cent of TOR) in Q1-2014 and 3.2 per cent lower than the Rs 217.58 crore (18.8 per cent of TOR) in Q4-2014. Despite lower operating cost in Q1-2015, the company has reported higher employee benefit expense, other expenses, depreciation, amortisation expense, higher tax payment and lower subscription and other income for the  period as compared to Q4-2014.

Notes: (1) The results mentioned in this report are consolidated results of Zeel and its subsidiaries.

(2) 100,00,000=100 Lakhs = 1 crore = 10 million

Let us look at the other figures for Q1-2015 reported by Zeel

Lower subscription and other revenue in Q1-2015 has resulted in a drop of 6.3 per cent q-o-q TOR from operations to Rs 1085.70 crore from Rs 1158.81 crore in Q4-2014. TOR in Q1-2015 was however 10.4 per cent more than the Rs 973.35 crore reported in Q1-2014.

Zeel reported 4.5 per cent lower subscription revenue for Q1-2015 at Rs 422.77 crore (40.8 per cent of TOR) as compared to the Rs 463.54 crore (40 per cent of TOR) in Q4-2014 and 9.3 per cent more than the Rs 424.07 crore (43.6 per cent of TOR) in Q1-2014.

Other Income in Q1-2015 was less than a fifth (down by 81.6 per cent) at Rs 20.83 crore as compared to the Rs 112.91 crore in Q4-2014 and 9 per cent more than the Rs 19.11 crore in Q1-2014.

The company’s Total Expenditure (TE) for Q1-2015 at Rs 796.1 crore (73.3 per cent of TOR) was 8.1 per cent less than the Rs 866.15 crore (74.7 per cent of TOR) in Q4-2014 and 15.3 per cent more than the Rs 690.42 crore (70.9 per cent of TOR) in Q1-2014.

Zeel’s Q1-2015 employee benefit expense at Rs 111.71 crore (10.3 per cent of TOR) was 11.9 per cent more than the Rs 99.84 crore (8.6 per cent of TOR) in Q4-2014 and 16.8 per cent more than the Rs 95.63 crore (9.8 per cent of TOR) in Q1-2014.

 Zeel reported Q1-2015 depreciation and amortisation expense of Rs 19.57 crore (1.8 per cent of TOR) which was 3.4 per cent more than the Rs 18.92 crore (1.6 per cent of TOR) in Q4-2014 and more than double (2.26 times) the Rs 8.66 crore (0.9 per cent of total income) in Q1-2014.

The company’s other expense in Q1-2015 at Rs 230.80 crores (21.3 per cent of TOR) was 13.7 per cent more than the Rs 202.97 crore (17.5 per cent of TOR) in Q4-2014 and 31.6 per cent more than the Rs 175.37 per cent (18 per cent of TOR) in Q1-2014.

Zeel’s tax expense in Q1-2015 at Rs 116.35 crore (10 per cent of TOR) was 36.5 per cent more than the Rs 85.26 crore (7.4 per cent of TOR) in Q4-2014 and 9.8 per cent lower than the Rs 128.94 crore (13.2 per cent of TOR) in Q1-2014.

Zeel chairman Subhash Chandra said, “Our performance during the quarter reflects the investments that Zeel is making to grow its business and market share. In a highly competitive space, Zeel continues to build its media assets and in the process create value for shareholders.”

Zeel managing director and CEO Punit Goenka said, “The network share is up as compared to the corresponding quarter last fiscal which has translated into a strong performance on the advertising front, outpacing the industry growth once again. On the subscription front, pursuant to the change in content aggregator regulation, we have discontinued the distribution of our channels through the joint venture MediaPro and the channels are now distributed by Taj Television Private Limited, a wholly owned subsidiary of Zeel.”

Added Goenka, “Digitisation will lead to fragmentation of audiences as consumers will have more options. At Zeel, we believe that this provides a huge opportunity to create new products for specific segments. Advertising spends on television are expected to grow in healthy double digits over the next many years.  Rollout of BARC and change in advertising currency from CPRP to CPT is expected to give it a positive fillup. Creation and acquisition of excellent quality content remains core to our business and we continue to channelize investments to strengthen this core.”

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/22/bajaj.jpg?itok=z_mfKL62
Discovery bags nine sponsors for Battle Ops

Battle Ops, Discovery Communications India’s (DCIN) integrated television and digital offering, has received a resounding response from the advertiser community. The show, which will premiere on Discovery Channel and Veer on 26th January, has already sold out with nine sponsors on board.

Television TV Channels Specialised and Niche
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/22/madhvan_0.jpg?itok=GrROQRmt
Splash and assemblage entertainment begin production on norm of the north sequel

Assemblage Entertainment, the feature-film focused CGI animation studio has begun production on the sequel of 2016 theatrical feature film Norm of the North, along with Splash Entertainment, Lionsgate and Dream Factory In many first-of-its times, it is unprecedented that an independent animated...

Television Production House Film Production
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/22/vijendra_0.jpg?itok=ZPuHFHFV
Vijendra Singh, Indian Boxing Champion associates with Pokerbaazi

PokerBaazi.com, one of India’s pioneer online poker platforms has signed Vijender Singh as its new brand ambassador. Prior to roping in Indian professional boxer, Indian film star, actor, and model, Sunny Leone was the face of the brand. By roping in boxing champion Vijeder Singh as its brand...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/22/bff.jpg?itok=W52X-fZ5
COLORS INFINITY serves an intoxicating concoction of bollywood Besties, Gossip, Games

Make Saturday nights your date night with some of your favorite Bollywood best-friends, as COLORS INFINITY brings to you the latest season of the popular homegrown chat show Jeep presents BFFs with Vogue powered by Motorola and beauty partner Nykaa.com, starting Saturday January 20, 2018 at 8pm on...

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/22/indian.jpg?itok=6zQ-0BOt
Experience first-hand India's historic Military Operation in a gripping new documentary

On 18 September 2016, four Jaish-e-Mohammad terrorists attacked an Indian Army Garrison in the town of Uri, Jammu and Kashmir. 19 Indian soldiers were martyred in the Fidayeen attack. Eleven days later

Television Production House Fiction
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/22/trophy.jpg?itok=khbRFiK2
578 players to go under the hammer for IPL auction

The much-anticipated VIVO IPL 2018 player auction list is out with 578 players up for grabs. This big pool of cricketers, which comprises 360 Indians, will go under the hammer in Bengaluru on 27 and 28 January, 2018.

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/22/BARC%20India-Image_1.jpg?itok=VW_FNs3c
BARC panel tampering: first arrests made

The Cyber Crime Police in Bengaluru, acting on a complaint filed by the Broadcast Research Council of India (BARC), has arrested five people allegedly for trying to tamper with the television viewership data generated and reported by BARC every week.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/22/ferzad.jpg?itok=VswwXfNe
Cautious investments serve MTV Beats well

MUMBAI: When digital media made it easy for people to listen to songs anywhere anytime, it sounded like the death knell for music channels on TV. Years later, however, they continue to survive.

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/19/cc.jpg?itok=vyxpkA3V
Comedy Central sets pace for ultimate celebration with over 100 hours of non-stop FRIENDS ultra marathon for its 6th birthday

Birthdays and New Years are great occasions to make resolutions for participating in marathons. However, this is one marathon which calls for hanging up your running shoes and grabbing the best spot in front of the telly with a bowl of munchies to keep you going because, for the first time ever in...

Television TV Channels English Entertainment

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories