Sun TV: core business valuation play

Sun TV: core business valuation play

By Elara Caps Sun TV (SUNTV IN) posted strong revenue growth including IPL of 47.4 percent YoY, up 43.3 percent QoQ and up 8 percent vs pre-COVID levels to INR 11,393mn, better than our estimates of INR 9,977mn, led by healthy advertising revenue, which grew 40.8 percent YoY to INR 3,432mn, up 2 percent QoQ & dow...


India okays AV co-production treaty with Australia

India okays AV co-production treaty with Australia

The Indian government has approved an audio-visual co-production treaty between India and Australia to promote co-production of films. The Union Cabinet greenlit the treaty last week with a view to promote co-production of films. Such pacts are umbrella agreements under which private and government agencies enter into contracts to produce fil...


Rajat Sharma conferred 'Most Influential Indian' award in London

Rajat Sharma conferred ‘Most Influential Indian’ award in London

India TV Chief Editor Rajat Sharma was felicitated with the special honour as the ‘Most Influential Indian’ at an event themed ‘Most Influential Indians’, organized at the top of London Bridge, on the eve of India’s 75th Independence. The event was organized by ELITE Magazine under the leadership of MD Puraskar Thadani. Sharma was accompanied...


Zee: Merger with Sony to drive valuation upgrade

Zee: Merger with Sony to drive valuation upgrade

By Elara Caps Zee Entertainment (Z IN) reported revenue of INR 18,457mn, up 4 percent YoY, on low base, and down 20.5 percent QoQ, down 8 percent vs pre-COVID levels to INR 18.5bn, in line with our estimates, affected by FTA withdrawal (Zee Anmol) and lower ad spend by brands due to weak macroeconomic conditions. ...


BBC C’wealth Games coverage gets record online viewership

BBC C’wealth Games coverage gets record online viewership

BBC Sport’s coverage of the Birmingham 2022 Commonwealth Games was streamed a record-breaking 57.1 million times during the 11-day event. This was over six times the amount of streams seen in previous years, with a total of 9 million for the Gold Coast 2018 Commonwealth Games and 8.2 million for the Glasgow 2014 Commonwealth Games. According ...