Television

Subs revenue boosts Sun TV earnings

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2017/11/11/Kalanithi_Maran.jpg?itok=accw-vay

BENGALURU: Riding on the high of an increase in subscription revenue, Sun TV Network Ltd (Sun TV) reported improved numbers across all important parameters for the quarter ended 30 September 2017 (Q2 FY 2017-18, current quarter) as compared with the corresponding quarter of the previous year (Q2 FY 2016-17). The company’s subscription revenue for the current quarter increased by 14.3 percent year-on-year (y-o-y) to Rs 2,776.8 million from Rs 2,429.0 million.

Sun TV reported 5.6 percent increase in consolidated total income during the quarter to Rs 7,131.3 million as compared with Rs 6,754.7 million in Q2 FY 2016-17. Operating revenue rose by 8.1 percent y-o-y to Rs 6,759.0 million from Rs 6,254.9 million. The board of directors of Sun TV has declared a second interim dividend of the year of 50 per cent per equity share of Rs 5.

During the quarter, the company’s profit after tax improved by 5.3 percent to Rs 2,846.7 million (42.1 percent of operating revenue) as compared with Rs 2,703.5 million (35.5 percent of operating revenue) in Q2 FY 2016-17.

Sun TV’s earnings before interest, taxes, depreciation, amortisation (EBITDA) during the quarter were Rs 4,960.9 million (73.4 per cent of operating revenue), growth of 6.7 percent as against Rs 4,650.2 million (68.8 percent of operating revenue) in Q2 FY 2016-17.

Total expenditure during the quarter increased by 7.2 percent to Rs 2,825.6 million (41.8 percent of operating revenue) as compared with Rs 2,636 million (34.6 percent of operating revenue) in the corresponding quarter of the previous year.

Operating expense in Q2 FY 2017-18 grew by 24.8 percent to Rs 640.8 million (9.5 per cent of operating revenue) from Rs 513.3 million (6.7 per cent of operating revenue) in the corresponding quarter of the previous year.

Employee benefits expense in during the second quarter increased by 7.7 percent to Rs 773.9 million (11.4 per cent of operating revenue) as against Rs 718.3 million (9.4 per cent of operating revenue) in Q2 FY 2016-17.

Other expenses in the Q2-18 increased 2.8 percent to Rs 384.3 million (5.7 percent of operating revenue) as compared to Rs 373.1 million (4.9 percent of operating revenue) in the corresponding quarter of the previous year.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/17/ganga.jpg?itok=SbPCInsu
ZEEL to revamp Big Magic, Big Ganga

Zee Entertainment Enterprises Limited (ZEEL) still seems to be in a celebratory mood after its recent 25th year anniversary. After rebranding its entire Zee’s bouquet, the network is soon to revamp the Reliance Broadcast Network Limited’s (RBNL) television business that it acquired in November...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/17/chndra.jpg?itok=SsRnkyG_
Launch of ZEEL’s lifestyle channels round the corner

Living Foodz, which was first aired in 2015 replacing Zee Entertainment Enterprises Limited’s (ZEEL’s) Khana Khazana channel, will soon have a trio of new channels, adding to the network’s lifestyle bouquet.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/17/spn.jpg?itok=WBljFguF
SPN India recognised as one of the best companies for women in India

Entertainment and sports broadcast network, Sony Pictures Networks India (SPN), has been recognised as one of the best 100 companies for women to work for in India for 2017.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/17/anil.jpg?itok=rp4oX9JR
Sabido TV scriptwriting workshop in Mumbai on 23 November

A unique scriptwriting workshop is being organized by the Hong Kong based One Talk Production group in partnership with the indiantelevision.com group from 23-27 November and 29-2 December 2017 in Mumbai.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/17/charlie.jpg?itok=JcvPrf27
BBC Global news Appoints Charlie Villar as new COO

BBC Global News Ltd, the BBC’s commercially funded international news arm, has announced the appointment of Charlie Villar to its newly-created Chief Operating Officer position.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/17/vicom.jpg?itok=XzmI9t6N
Viacom Inc misses EPS forecast but revenue beats expectations

Even as its India business, Viacom18, celebrates its 10th anniversary, Viacom Inc’s stock on Nasdaq came under pressure after missing the earnings per share (EPS) forecast for the fourth quarter ended September 30, 2017. The company also reported financial results for the fiscal year ended...

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/17/Rajesh_Kamat.jpg?itok=nQaRNSaU
People are Viacom18's strongest competitive edge, says Rajesh Kamat

The mood is celebratory at Viacom18’s offices as it readies for its invite-only tenth anniversary bash at Mumbai’s NSCI Dome on the evening of 17 November. The Reliance-Viacom joint venture satellite TV network is ranked among the top five–and probably in the top three in the Hindi GEC space–in...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/17/Danish_Khan.jpg?itok=8dS0Vx8s
'Porus' will alter the economics of the ecosystem, says SET's Danish Khan

MUMBAI: Gone are the days when high budget would only indicate stellar Bollywood movies. Today, even the Indian television industry is not leaving any stone unturned to give its audience the same feel and quality.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/17/Aditya_Pittie.jpg?itok=n3RxQhyN
Epic TV completes 3 years, launches new show 'Sharanam'

MUMBAI: Commemorating the completion of three years on Indian television on 19 November, infotainment channel Epic TV will add a range of new shows starting with Sharanam, which will be narrated by Juhi Chawla.

Television TV Channels GECs

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories