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The multiplex operators were up against the wall in FY’10. The first quarter was gobbled by a bitter row with the film producers, freezing fresh movie content from the Bollywood studios.
Television content production companies have had a bumpy ride during the 12-month period ended March 2010 as broadcasters cut costs and restructured businesses to tide over the recession.
Reeling under recession and intense competition in the genre, news broadcasters looked at 2009 as a year when they had to correct their business models.
After a lull driven by the recession, the media and entertainment sector is on a strong rebound amid restructuring.
