BENGALURU: The Sunil Lulla-led Indian film and media company Eros International Media Ltd (Eros) reported a 12.8 percent jump in total revenue for the year ended 31 March 2018 (FY 2019, period or fiscal or year under review) as compared to the previous year FY 2018. Operating revenue for the period increased 7.4 percent in FY 2019 as compared to FY 2018. Profit after tax (PAT) and total comprehensive income (TCI) for the year under review jumped 15.2 percent and 37.2 percent respectively as compared to FY 2018. Arising from this the company has once again crossed the Rs 1,000 crore annual operating revenue mark

MUMBAI: Prime Minister Narendra Modi-led National Democratic Alliance (NDA) rode to a landslide victory in the 2019 election, with margins bigger than 2014. The party’s win proved all exit poll predictions true. While the BJP-led NDA bagged 349 seats, the Congress-led NDA could manage just 91. Prominent faces from the media and entertainment industry welcomed the people’s mandate.

“Transparency and technology, in my opinion, are the two key important aspects which will boost the media & entertainment sector and hence the government should continue its efforts in enabling this convergence. Our nation is blessed with rich and immense creative potential, which needs to be further unleashed and capitalised in order to drive innovation and most above, generate employment. I congratulate Prime Minister Narendra Modi on his victory. Corporate Inc. must together join this era of transformation and march ahead towards making the nation a global superpower," Zee Entertainment Enterprises Ltd MD and CEO Punit Goenka commented.

BENGALURU:  The South Indian television and radio broadcaster behemoth, the Sun TV Network Limited (Sun TV), reported consolidated total comprehensive income of Rs 1,432.87 crore (37.9 percent of consolidated operating revenue for the year ended 31 March 2019 (FY 2019, year or period or fiscal under review), which was 26.2 percent higher than Rs 1,134.65 crore (38.3 percent of consolidated operating revenue) for the previous year FY 2018.

Sun TV reported 27.7 percent increase in consolidated operating revenue for FY 2019 at Rs 3,782.54 crore as compared to Rs 2,963.02 crore in FY 2018. Consolidated total Income for the period under review at Rs 4,009.65 crore was 29.1 percent more as compared to Rs 3,105.39 crore in FY 2018.

MUMBAI: Eros International Media’s net profit for the quarter ended 31st March has jumped 14.6% to Rs 69.7 crore compared to Rs 60.8 crore in the corresponding quarter of the previous fiscal. PAT Margins stood at 26.5% in Q4 FY19 as compared to 23.6% in Q4 FY18.

EBIT declined 7.3% to Rs 98.8 crore from Rs 106.6 crore in the previous fiscal. EBIT margins stood at 37.5% as compared to 41.3% in Q4 FY18.

Total income jumped 2.1% to Rs 263.2 crore from Rs 257.8 crore. Direct Costs stood at Rs. 86.6 crore including Rs. 61.9 crore of content amortisation.

The company said that 16 films across languages and 7 digital series, together with TV, Overseas and catalogue revenues contributed to the quarterly performance. During the quarter, the company released, 16 films across languages and 7 Digital series.

MUMBAI: The television premiere of ‘Total Dhamaal’ has propelled Star Gold to number 1 position in urban + rural HSM in week 20 of BARC India ratings. ‘Total Dhamaal’ premiere garnered 1.67 crore impressions in U+R HSM.

Star Gold has pushed Zee Cinema to the third position while &pictures replaced Enterr10 at the fifth position. Star Gold has also entered the top 10 channels list across genre.

The channel had premiered the movie on 12th May at 12:30 pm. The ensemble film had raked in Rs 150 crore at India box office.

The movie is the Indra Kumar’s third installment of the super hit, Dhamaal franchise is a laugh riot packaged with adventure, action, comedy and a pinch of romance. The film marks the reunion of the most iconic Bollywood couple, Anil Kapoor and Madhuri Dixit Nene after 17 long years.

Star Gold has become the top channel in urban HSM as well by pushing Zee Cinema to the third spot.

In urban HSM, ‘Total Dhamaal’ premiere notched 1.15 crore impressions.

In rural HSM, Sony Max jumped to the third spot while Star Gold moved to the fourth position. Zee Cinema slipped to the fifth position.

The movie premiere notched 52 lakh impressions in rural HSM.

MUMBAI: ABP News Network and ARG Outlier Media Asianet News have complained to the Telecom Regulatory Authority of India (TRAI) about Aaj Tak’s placement on two frequencies.

In a letter to TRAI secretary, Republic TV owner ARG Outlier has stated that the India Today Group is violating regulations by placing Aaj Tak on its own LCN besides that of its other channel Tez.

ABP News Network also confirmed that it has complained about Aaj Tak dual LCN violation to the TRAI.

“We are writing to you to inform you about the flagrant violation done by the India Today Group with a tweet to their news channel Aaj TAK. They have been making available the channel on its own frequency and also on the frequency allotted to Tez News. Availability of the channel on two LCNs violate TRAIs Telecommunication (Broadcasting and Cable Services) Interconnection (Digital Addressable Cable Television Systems) Regulations 2012 and TRAI’s directions, vide press release titled ‘Listing of TV channels on Electronic Programme Guide’ dated May 31, 2017,” ARG Outlier said in its letter to TRAI

There were only a couple of entertainment companies for English content in the past of which Disney was one and so, when I came across a Disney Business Model from 1958, it struck a chord with me.

My objective then, was to understand the model and see if it is still relevant in today's world and the emerging streaming world... particularly as this is now my bread and butter...

Rejo Francis

A little bit of history to start with...

The company Walt Disney started from a cartoon studio was set up with his brother Roy in 1923 and grew in line with his ambition to reflect his disparate array of talents.

An animator first and foremost, Walt created and licensed Mortimer (later Mickey) Mouse in response to losing the rights to his first character, Oswald the Lucky Rabbit. In 1930, Disney produced its first animated feature film - Snow White and the Seven Dwarfs followed by Pinocchio and Fantasia (1940), Dumbo (1941), and Bambi (1942

 

Light@27 is a comedy consultancy offering content and strategy solutions across live and digital media.

Yesterday, comedy collective All India Bakchod (AIB) announced that it would no longer remain associated with founding member Gursimran Khamba. Moments later, Khamba, accused of sexual harassment, declared that he would be starting a new journey of his own.

MUMBAI: At a time when Netflix is scaling up its Indian operation, Indiantelevision.com has learnt that one of the top executives Simran Sethi has stepped down from her current position. Sethi, the Los Angeles-based executive joined the leading over-the-top platform back in August 2017.

The experienced media professional drove a lot of impact in her role. She oversaw the rollout and development of Ghoul, Selection Day, Delhi Crime, Sacred Games, Little things and others.  However, she will help with the transition over the immediate future. In Netflix, Sethi served as Director, Creative, International Originals, Netflix India.

BENGALURU: The Ektaa Kapoor-led Balaji Telefilms Ltd (BTL) reported more than five-fold (512.4 percent increase) growth in standalone operating revenue from its OTT platform ALT Balaji (Digital segment)  for the year ended 31 March 2019 (FY 2019, year under review) as compared to the previous fiscal (FY 2018, previous year). The company also reported more than sixteen-fold increase for its OTT platform’s subscriber base for the fiscal under review as compared to the previous year. The company says in an investor financial presentation that in less than two years, ALT Balaji is a frontrunner in the OTT domain. BTL says that ALT Balaji is #3 grossing video on demand service in India - based on App Annie data for grossing within the entertainment category across iOS and Google between April 2018 and March 2019.