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Zee Entertainment Q3FY21 Update | MCap : INR 240mn | CMP : INR 250 | TP : INR 300 | Rating : Buy

View : Revenue growth momentum intact for FY22

Z has reported an outperformance on ad. growth vs industry averages in Q3FY21 backed by 1) traction in regional genre 2) launch of six new channels 3) shift of Zee Anmol from pay to FTA 4) marginal su...

INOX Leisure Q3FY21 result First Cut – Slightly lower losses vs expectation backed by operating efficiencies

February, 04, 2021, By Karan Taurani, VP, Elara Capital

• INOX reported Q3FY21 revenue of INR 148.8mn v/s our estimate of INR 100mn impacted by the COVID-19 lockdown restrictions as cinemas were allowed to reopen from Oct 15th, 2020 onwards with 50% occupancy rest...

Zee Entertainment Q3FY21 Result First Cut – Strong overall operating performance , beat on all counters

New Delhi, February, 04, 2021, By Karan Taurani, VP, Elara Capital

View

Zee has reported an ad growth of 7.5%YoY which is slightly above our ...

100% occupancy revision approval granted by MHA for cinemas – expect most states to follow the same

As per our channel checks and as indicated earlier Sooryavanshi will be announcing release dates soon - it will either be Holi or Good Friday - around that time

Music Broadcast (Radio City) Q3FY21 Result First Cut – Slowest recovery within media sector vs other mediums – in line with expectations

“New Year heralds new horizon of opportunities”

At the onset, I take this opportunity to wish a very happy, healthy, and prosperous new year 2021 to all the readers of indianbroadcastingworld.com. May this new year bring in positivity to all our lives.

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“This initiative will empower subscribers to pay online and subscribe to the channels they want to watch and get it activated on their TV sets in real-time without any delay. Without needing to undertake any software development, LMOs can approach Mobiezy for their pre-built and pre-integrated solution that uses NXTDigital’s news APIs and can be up and running with their own mobile apps within just a few days.”

RU Ediriwira, Group CTO, NXTDigital Limited

“With the launch of Partnership for Growth 3.0 we intend to expand our network with 40 new NXTHUBs, each offering up to 650 live TV channels and broadband. Our efforts are focused on harnessing the convergence of technologies, developing robust apps and creating new business models that will help the overall ecosystem, delivering the best experience to our subscribers. We hope to achieve a stronger foothold in the rural regions of the country and grow our subscriber base.”

N.K. Rouse, COO, NXT Digital Ltd

“One of the key principles of the Hinduja Group is ‘Partnership for Growth’. After 2.0 saw the launch of HITS to connect LMOs in even the most remote locations through the only satellite-based cable TV platform in India; 3.0 focuses not just on strengthening the overall ecosystem we have built, but harnessing the convergence of technologies – to be delivered through a national network of NXTHUBs. Video and broadband are only the beginning of the digital highway of services that we have developed for roll-out backed by a robust suite of innovative apps developed by service providers exclusively for our LMOs and subscribers.”

Vynsley Fernandes, MD & CEO, NXTDigital Limited

“Wireline broadband is becoming ever more important not only in connecting homes across the country but also small to large enterprises-to the digital economy. The NXTHUBs will be the perfect point-of-presence to offer broadband services to cater to these consumer needs.”

Yugal Kishore Sharma CEO, ONEOTT Intertainment Limited

Amazing and grim battle for survival. Guess it will end up in Supreme Court. All that NCLT asked Zee to do was to file a reply to Invesco petition for a EGM. Now this is getting too serious. So far Invesco has been hammered for demanding an EGM. What is Zee upto? Ofcourse my lawyer community knows better!