TV18 Broadcast, one of India’s top TV broadcasting companies, reported a whopping 84% jump in its net profit for the December quarter. The numbers were boosted by a sharp fall in operating and tax expenses, as well as by a steady recovery in revenue aided by festival spending. The company’s consolidated net profit for the […]
FYI TV18, the most watched ‘lifestyle’ channel in India, will shut down on July 8, TV18 group said, while announcing an increase in the prices of several of its channel packages and the conversion of a free channel into pay. FYI SHUT DOWN The move to shut down FYI TV18 makes the channel the latest […]
Prasar Bharti, India’s public broadcaster which operates DD Free Dish satellite TV service, has given five slots on the DTH platform to major private sector broadcasters such as Star India, Sony Pictures Networks, TV18 Broadcast and Zee Entertainment Enterprises. Two slots have been allocated to Zee Entertainment Enterprises, while one each has been allocated to […]
Premium Hindi general entertainment channels, including Star Plus, Zee TV and Colors, have seen a sharp decline in their viewership during the COVID-19 lockdown, even as viewership of Doordarshan, movie channels and news channels have seen sharp increases, reveals ratings from BARC, India’s largest TV ratings agency. Even as general TV viewership increased, no category […]
Four pay channels — Star Utsav, Zee Anmol, Colors Rishtey and Sony Pal — are likely to go ‘free to air’ for two months from today. These channels had earlier been put in a ‘promotional scheme’ while remaining pay channels, with their prices slashed from Rs 1-2/month to Rs 0. This was intended to increase […]
Rahul Joshi, Managing Director of TV18, today said his company has no plans to sell its news business. “We’ve outrightly denied any such story in news. In news, the group remains absolutely committed to grow the business. “As you’ve seen, we’ve committed so much investments in digital, on television. So there’s no question of getting […]
Viacom18, the entertainment-focused joint venture of TV18 Broadcast and US-based ViacomCBS, will launch a new content app focusing on premium, English language content, CEO Sudhanshu Vats said today. Commenting on his company’s third quarter results, Vats said the app is currently undergoing beta testing. Viacom18 currently has two apps, Voot — which largely offers Indian […]
TV18 Broadcast Ltd, one of India’s top three broadcasting companies, reported yet another quarter of declining advertising revenue, but the company’s profits zoomed due to cost cuts. Non-subscription revenue — which is mostly composed of advertising sales — fell by Rs 181 cr (16%) in October-December of 2019 compared to the same quarter of 2018. […]
TV18 Broadcast, which operates channels like Colors and News18, has reported a dip of Rs 71 cr in its revenue after a shift from free to pay for some of its entertainment channels and a soft economy hurt advertising sales. “Macro-weakness and shift of channels from DD Freedish to Pay ecosystem continues to drag ad-revenues […]
