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...


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. ...


discovery+ announces new docuseries

discovery+ announces new docuseries

'House of Hammer', the highly anticipated docuseries chronicling the deeply troubling accusations leveled against critically acclaimed actor Armie Hammer and the dark, twisted legacy of the Hammer dynasty, will be available to stream on Saturday, September 3, exclusively on