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. ...


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 ...


Truecaller celebrates Azadi ka Amrit Mahotsav

Truecaller celebrates Azadi ka Amrit Mahotsav

Truecaller, the global communications platform will celebrate the Azadi Ka Amrit Mahotsav along with the Ministry of Culture & Government of India across the app, website, and social media communications. Celebrating the 75 years of Independence, Truecaller wi...


SPNI bags English cricket TV, digital rights for till ’28

SPNI bags English cricket TV, digital rights for till ’28

Sony Pictures Networks India and England and Wales Cricket Board (ECB) extend their broadcast partnership until 2028, which includes television and digital rights for all men’s international, women’s internationals as well as county competitions played in England.

The rights are for ...