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FM auction: Govt nets Rs 2 bn, ENIL wins 21 channels

MUMBAI: A cumulative provisional Rs 2,002.4 million was earned against the aggregate reserve price of about Rs 9,159.1 million from e-auction of 66 FM channels in 48 cities in the second batch of Phase III.

Regulators I&B Ministry
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ENIL revenue up in third quarter of 2017

Indian private FM player Entertainment Network (India) Limited (ENIL), which runs the Mirchi brand radio network in India, reported 4.9 percent increase in Total Income from Operations (TIO) for the quarter ended 31 December 2016 (Q3-17, current quarter). The company reported consolidated revenue...

Television TV Channels Music and Youth
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TV Today not selling 3 FM stations to ENIL; seeks MIB nod for migration

MUMBAI: TV Today Network shall not undertake the agreement, entered into with Entertainment Network (India) Limited, to sell three Metro FM Radio stations, as was earlier approved by the board in its meeting held on 13 November 2015, according to a BSE filing. TV Today had inked a deal to sell...

Television TV Channels News Broadcasting
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FM Radio revenues witness seasonal slump in Q4-16, Q1-17

BENGALURU: Generally the Indian private FM industry witnesses a quarter-over-quarter (q-o-q) advertisement (ad) revenue slump in the first quarter of every year (Q1, quarter ended 30 June), which may sometimes carry over to the second quarter (Q2, quarter ended 30 September) of the fiscal. Since...

Regulators I&B Ministry
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Q2-17: TV Today Network topline up

BENGALURU: TV Today Network Limited (TVTN) reported 5.1 per cent increase in standalone revenue (TIO) for the quarter ended 30 September 2016 (Q2-17, current quarter) as compared to the corresponding quarter of the previous year (Q2-16). Standalone profit after tax (PAT) however declined 4.1 per...

Television TV Channels News Broadcasting