News body NBDA seeks journalistic exemption under digital data rules 
‘Ramayana’ producer Malhotra likens film to ‘Avatar’, ‘LOTR’, ‘Odyssey’ 
Bombay HC protects ‘Ramayana’ from piracy 
CEO Jassy says Prime Video gains profit; bullish on ad momentum 
JioStar Q2 revenue up 10.1% to Rs 6,806cr. despite weak ad environ 
Google brings AI Mode ads to India, 9 other markets 
Despite subs’ additions & net profit rising, Airtel misses Q2 estimate 
‘Ramayana’ opens to mostly favourable reactions from moviegoers 
Disney to host first Asian edition of fan extravaganza D23 in Singapore 
Hindustan Times owner HT Media’s Q2 net profit up two-fold 
TRAI proposes new satcom authorisation framework, bats for D2D services 
Tata Play, India’s largest direct-to-home (DTH) TV operator, reported a significant financial setback for the fiscal year 2024, with losses ballooning over three-fold due to increased competitive pressures in its core DTH business.
According to the company’s regulatory filings, Tata Play posted a net loss of ₹354 crore for the fiscal year ended March 31, compared to ₹105 crore the previous year. Revenue from operations dropped by more than 4 percent to ₹4,304 crore, while expenses rose by 1.47 percent to ₹4,761 crore.
The DTH segment, which has been the cornerstone of Tata Play’s business, reported a net loss of ₹247 crore in FY24, a stark contrast to the net profit of ₹20 crore in FY23. Revenue from the DTH segment fell 7.45 percent to ₹3,983 crore, The Economic Times reported.
Despite these challenges, Tata Play’s broadband business showed signs of improvement. The net loss in this segment narrowed by 13 percent to ₹108 crore, while revenue surged 27 percent to ₹329 crore.
