Report on Shemaroo

Sun TV operating revenue falls, subscription revenue up

EBIDTA, Ad revenue declined 12.7 percent and 6.3 percent respectively

BENGALURU: Kalanathi Maran’s regional telecaster and FM radio broadcaster Sun Tv Network (Sun TV) reported 6.3 percent decrease in consolidated operating revenue for FY 2020 as compared to the previous year FY 2019. The company reported that subscription revenues were up 18.3 percent y-o-y at Rs 1,562.23 crore for the year ended 31 March 2020 (FY 2020, period or year under review) as compared to the previous yeara. Sun TV revealed that it had incurred a 6.3 percent decline in advertising revenue for the year under review at Rs 1,336.91 crore from Rs 1,426.67 crore in FY 2019.

Sun TV reported 3.3 percent decline in consolidated profit after taxes or PAT to Rs 1,385.49 crore for FY 2020 as compared to Rs 1,432.37 crore for FY 2019.  Sun TV is one of the largest networks in the country that has channels across the four major South Indian languages.

Consolidated operating revenue for the period was Rs 3,519.85 crore as compared to Rs 3,782.54 crore for FY 2019. Total income (revenue) for FY 2020 reduced 5.7 percent to Rs 3,780.50 crore as compared to Rs 4,009.65 crore in FY 2019.

Calculated simple consolidated EBITDA for FY 2020 at Rs 2,275.92 crore (60.2 percent of Operating Revenue) was 12.7 percent lower than the Rs 2,606.68 crore (68.9 percent of Operating Revenue) in the previous year

Let us look at the other consolidated numbers reported by the company for FY 2020

Consolidated Total expenditure in FY 2020 increased 6,3 percent to Rs 1,956.88 crore as compared to Rs 1,840.32 crore in the previous year.

Consolidated Operating expense in FY 2020 increased 17.5 percent to Rs 526.71 crore from Rs 448.32 crore in the previous year. Consolidated Employee benefits expense in FY 2020 declined 2 percent y-o-y to Rs 323.22 crore as compared to Rs 329.86 crore in FY 2019. Consolidated Other expenses (OE) in the FY 2020 increased 11.2 percent to Rs 347.69 crore as compared to Rs 312.69 crore in FY 2019.

Follow Tellychakkar for the consumer facing news & entertainment

Latest Reads
'Potential to undermine media freedom': Editors Guild on new IT rules

The Editors Guild of India has raised concerns about the Indian government’s new Information Technology rules, saying they will “fundamentally alter” and put “unreasonable restrictions” on digital media.

Television TV Channels News Broadcasting
SUN TV Network announces 'Evaru Meelo Koteeswarulu' on Gemini TV

As a part of its 26th year celebrations, SUN TV Network’s Telugu GEC Gemini TV is all set to broadcast Evaru Meelo Koteeswarulu – the Telugu version of the historic Who Wants to be a Millionaire, a show that was aired in 120 countries, elevated and changed the lives of many ordinary people, making...

Television TV Channels Viewership

Republic Media Network’s Editor-in-Chief Arnab Goswami is proud to formally announce the launch of Republic Bangla-- the Network’s hugely-awaited Bengali news channel. Republic Bangla will go live on-air on 7th March 2021 at 8 am.

Television TV Channels News Broadcasting
Empowering women with extra-ordinary short films on ShortsTV

This International Women’s Day, ShortsTV celebrates women who strive to make the world a better place to live in. Available on platforms such as Tata Sky, Dish TV, d2h, Airtel DTH, and Airtel Xstream, ShortsTV has a line-up of movies that embraces female empowerment.

Television TV Channels Viewership
Delhi HC stays PCI’s order regarding ad in Hindustan newspaper

The Delhi high court stayed a directive passed by the Press Council of India (PCI) to government departments, which had effectively stopped government advertisements in some editions of the Hindi daily, Hindustan.

Television TV Channels News Broadcasting
TRP scam: Interim relief to Arnab Goswami extended till 16 March.

The Mumbai police has told the Bombay high court that its assurance of not taking any coercive action against Republic TV's editor-in-chief journalist Arnab Goswami in the TRP scam case will continue till 16 March, news agency PTI reported on Friday.

Television TV Channels Viewership
News18 India gears up for West Bengal elections with ‘Sabse Bada Dangal’

New Delhi: With days left for the crucial West Bengal assembly elections, television news channels are gearing up to shore up viewership on their poll coverage. Amid the intense competition, News18 India has announced an array of programming under its election based viewer engagement campaign ‘...

Television TV Channels News Broadcasting
Nat Geo signs Colgate, Citroen & HDFC as sponsors for ‘Women of Honour: Destination Army’

National Geographic India has roped in three key sponsors — Colgate, Citroen, and HDFC for its upcoming Women’s Day special documentary titled Women of Honour: Destination Army that features women in the Indian Armed Forces.

Television TV Channels Viewership
Monetising Ishara is the primary focus in next few quarters: Aditya Pittie

In September 2016, Anand Mahindra-owned television channel Epic roped in Pittie Group CEO Aditya Pittie as its managing director. Since then, the Anand Mahindra-and Pittie-promoted IN10 Media has expanded – from television (Epic), to OTT platforms (Epic On and Docubay), and even a production house...

Television TV Channels GECs

Sign up for our Newsletter

subscribe for latest stories

* indicates required