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TV Today Network Q3FY21 Result First Cut – BARC blackout has no negative impact for TVT given its strong Aaj Tak franchise

TV Today Network reported flat revenues marginally up 0.5% YoY to INR 2236mn(Elara E : INR 2241mn), as the growth in TV broadcasting segment(contributing 83% of sales) by 3.4% YoY & the digital business(other operating revenues up 20.4% YoY) was largely offset by weakness in radio business(down 54.4% YoY) and newspa...

ENIL Q3FY21 Update | Mcap: INR 8bn | Buy, TP: INR 210 | CMP: INR 172 | Upside: 22%

Entertainment Network: digital too small to make an impact

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ENIL radio revenue has been down 58% YoY in 9MFY21, which was at par with Music Broadcast’s decline for the same period; however, radio being the last vertical t...

ENIL (Radio Mirchi) Q3FY21 first cut – weakness in radio business; largely in line

ENIL reported revenue decline of 42.3% YoY to 856mn(Elara E : 846mn) slightly higher than our estimates, witnessing a 77% QoQ growth during the quarter led by core radio which grew by 80% QoQ(strong ad volume growth of 11.5% YoY) to INR 845mn and digital products too grew marking a significant increase in its digital ...

SunTV Q3FY21 Result First Cut – Core ad/subs revenue weak- growth led by IPL/other operating revenue

SunTV reported growth in overall revenues by 19.3% YoY to Rs 9,723mn (Elara E: Rs. 9,365mn) despite a muted performance on subscription revenues, as ad revenues recovery coupled with IPL revenues during the quarter supported the topline; ad decline of 9%YoY was very poor given the strong mkt revival - this is primaril...

Zee Entertainment Q3FY21 Update | MCap : INR 240mn | CMP : INR 250 | TP : INR 300 | Rating : Buy

View : Revenue growth momentum intact for FY22

Z has reported an outperformance on ad. growth vs industry averages in Q3FY21 backed by 1) traction in regional genre 2) launch of six new channels 3) shift of Zee Anmol from pay to FTA 4) marginal su...

INOX Leisure Q3FY21 result First Cut – Slightly lower losses vs expectation backed by operating efficiencies

February, 04, 2021, By Karan Taurani, VP, Elara Capital

• INOX reported Q3FY21 revenue of INR 148.8mn v/s our estimate of INR 100mn impacted by the COVID-19 lockdown restrictions as cinemas were allowed to reopen from Oct 15th, 2020 onwards with 50% occupancy rest...

EXCLUSIVE PHOTOS

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“This initiative will empower subscribers to pay online and subscribe to the channels they want to watch and get it activated on their TV sets in real-time without any delay. Without needing to undertake any software development, LMOs can approach Mobiezy for their pre-built and pre-integrated solution that uses NXTDigital’s news APIs and can be up and running with their own mobile apps within just a few days.”

RU Ediriwira, Group CTO, NXTDigital Limited

“With the launch of Partnership for Growth 3.0 we intend to expand our network with 40 new NXTHUBs, each offering up to 650 live TV channels and broadband. Our efforts are focused on harnessing the convergence of technologies, developing robust apps and creating new business models that will help the overall ecosystem, delivering the best experience to our subscribers. We hope to achieve a stronger foothold in the rural regions of the country and grow our subscriber base.”

N.K. Rouse, COO, NXT Digital Ltd

“One of the key principles of the Hinduja Group is ‘Partnership for Growth’. After 2.0 saw the launch of HITS to connect LMOs in even the most remote locations through the only satellite-based cable TV platform in India; 3.0 focuses not just on strengthening the overall ecosystem we have built, but harnessing the convergence of technologies – to be delivered through a national network of NXTHUBs. Video and broadband are only the beginning of the digital highway of services that we have developed for roll-out backed by a robust suite of innovative apps developed by service providers exclusively for our LMOs and subscribers.”

Vynsley Fernandes, MD & CEO, NXTDigital Limited

“Wireline broadband is becoming ever more important not only in connecting homes across the country but also small to large enterprises-to the digital economy. The NXTHUBs will be the perfect point-of-presence to offer broadband services to cater to these consumer needs.”

Yugal Kishore Sharma CEO, ONEOTT Intertainment Limited

Amazing and grim battle for survival. Guess it will end up in Supreme Court. All that NCLT asked Zee to do was to file a reply to Invesco petition for a EGM. Now this is getting too serious. So far Invesco has been hammered for demanding an EGM. What is Zee upto? Ofcourse my lawyer community knows better!