Television

Discovery's International Networks ad rev down in 2016

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public?itok=O0F3fnj4

BENGALURU: Discovery Communications Inc., (DCI) reported 1.6 percent growth in revenue at $ 6,497 million for the year ended 31 December 2016 (FY-16, current year) as compared to the $6,394 million in the previous year. Overall, DCI reported adjusted OIBDA growth of 1.2 percent in the current year at $2,426 million as compared to $2,398 million in FY-15.

The company?s International Networks segment?s numbers were damped by a 5.5 percent decline in ad revenues to $1,279 million in the current year as compared to $1,353 million FY-15. International Networks Distribution revenue in FY-16 increased 2.7 percent to $1,681 million from $1,637 million in the previous year. International Networks total revenue declined 1.7 percent in FY-16 to $3,040 million from $3,092 million in the previous year.

Adjusted Operating Income before Depreciation and Amortisation (OIBDA) for International Networks in the current year declined 11.8 percent to $848 millon from $961 million in the previous year. Operating Income for International Networks in FY-16 declined 11.7 percent to $597 million from $676 million in the previous year.

The company attributes the decline in revenue to its sale of SBS Networks and currency effects and decline in operating incomes and revenue of its International Networks segment to changes in foreign exchange rates. Changes in foreign currency exchange rates reduced full year International Networks? revenues and Adjusted OIBDA growth by 6 percent and 8 percent, respectively.

?Discovery?s diversified set of nonfiction, sports and kids? entertainment brands, and strong strategic positioning continued to drive attractive distribution agreements, helping to deliver solid operating and financial results in 2016,? said DCI president and CEO David Zaslav. ?As we begin 2017, we will continue to invest in our premier global IP and brands to nourish fans across all screens, all platforms and all services to drive shareholder value and propel our business for years to come amid the rapidly changing media landscape.

DCI?s US Networks reported 4.9 percent growth in revenue for FY-16 at $3,285 million as compared to $3,131 million in the previous year. US Networks distribution revenue increased 7.1 percent in FY-16 to $1,532 million from $1,431 million in FY-15. US Networks advertising revenue in the current year increased 2.4 percent to $1,690 million from $1,650 million in the previous year.

The company says that Distribution revenue growth was primarily driven by higher rates, partially offset by a slight decline in subscribers. Advertising revenues increased 2 percent primarily due to higher pricing and inventory management, partially offset by lower delivery.

US Networks Operating Income increased 12.4 percent in the current year to $1,195 million from $1,704 million in the previous year. The segment?s adjusted OIBDA increased 8.3 percent in FY-16 to $1,922 million from $1,774 million in FY-15. Adjusted OIBDA due to higher revenues and flat costs says the company.

The company?s reported 0.6 percent growth in its Education and other segment revenue at $174 million in FY-16 as compared to $173 million in the previous year. The segment?s OIBDA in the current year was negative $10 million as compared to $2 million in the previous year. The company says that Education and Other revenues for the full year 2016 were consistent with the prior year. Adjusted OIBDA decreased primarily due to additional investments in the Education business.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/21/La_Liga.jpg?itok=cex1S5sq
Facebook to sub-licence La Liga to broadcaster: Report

Social media giant Facebook took several industry pundits by surprise when it acquired the India sub-continent rights for La Liga's 380 league matches for the new season, which commenced on Friday. It is now being reported that the league's broadcast in India will not just be limited to the social...

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/20/news.jpg?itok=A70B5KqH
News18.com Announces iReel Awards 2018 - The One of Its Kind Web Series Awards in India

News18.com, one of India’s leading breaking news websites with over 100 million unique visitors announces iReel Awards 2018, web series specific awards in India.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/20/colors.jpg?itok=33QQDIPZ
COLORS Continues to Spread the Joy of Its 10 Year Celebration with a humanitarian drive ‘Roshni – Andheron Mein Rang Bhariye’

COLORS, India’s premium Hindi entertainment channel recently celebrated its 10 Year milestone.

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/20/india_0.jpg?itok=MzMsAPJA
India Today Group donates generously to the kerala flood victims

In the face of a massive national calamity, India Today Group reaches out to Kerala victims as they are reeling from the devastating impact of the century's worst deluge. 

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/20/isl.jpg?itok=GJLKEA_e
Hero ISL gets NIVIA as ball partner for 3 years

NIVIA, the Indian sports manufacturing brand has signed a three-year agreement with Football Sports Development to be the official ball partner of the Hero Indian Super League (ISL) starting season 2018/19.

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/20/India_For_Kerala.jpg?itok=A4GsZYFo
Times Network announces 'India For Kerala', a fund-raising campaign for flood-stricken Kerala

Times Network, part of India’s largest media conglomerate, The Times Group, has initiated a fund-raiser campaign, ‘India For Kerala’, to create awareness and to raise funds for the relief efforts in Kerala. Through this initiative, Times Network strives to give the cause a unified voice and...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/20/vivek.jpg?itok=ywLTyb6o
MNX challenges legacy players in the movies category

The rise in India’s urban educated millennials has also led to the spurt of channels in the English entertainment and movies genre. Over the last few years, several new additions have made their way including MN+, &Prive and Sony Le Plex.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/20/Kumkum_Bhagya.jpg?itok=9k8pbeEq
Most watched Hindi GECs in 2018

Zee Entertainment Enterprises Ltd (Zeel) free to air (FTA) Hindi GEC Zee Anmol was the most watched Hindi GEC during the first 31 weeks of 2018 according to Broadcast Audience Research Council (BARC) weekly data for weeks 1 to 31 of 2018 (Saturday 29 December 2017 to Friday 3 August 2018) of the...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/18/Campaign.jpg?itok=b6QE0eTQ
Sony India unveils #KoiKasarNahi campaign for Asian Games

The 18th edition of Asian games is all set to go on floors from 18 August to 2 September 2018 in the Indonesian cities of Jakarta and Palembang. Meanwhile Sony Pictures Networks India (SPN) today announced its marketing and digital initiatives for the pan-Asian multi-sport event. With India being...

Television TV Channels Sports

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories