Article - Indian Broadcasting World

Nazara Technologies Q4FY21 Result First Cut – Kiddopia drives overall growth and profitability

Company has reported a revenue growth of 41.7% YoY to INR 1233.8mn, largely led by the gamified learning platform which surged 164.5% YoY to INR 506.1mn and e-sports segment which grew 22% YoY during the quarter
Telco Subscription revenues(14.4% contribution) declined 1.4% YoY to INR 178.3mn, with an EBIT loss of INR 14.7...

TV Today Network Q4FY21 Result First Cut – Yet another resilient performance on a high base despite blackout of BARC viewership data

(Market Cap – INR 19 | Rating – BUY | Target Price – INR 350 ) View TVT has reported an in line quarter 4.4%YoY ad revenue growth despite 1) high revenue base last year and 2) blackout of BARC data for news genre; we maintain our view that incumbents like Aaj Tak will have no negative impact on ad. revenues due to the BARC...

What’s the impact of traditional & digital media during the pandemic?

COVID-19, a global infectious disease, migrated to India from abroad as people travelled to India --- knowingly or without knowing they were carriers of the virus. The virus, which originated in China, started showing up in India sometime in early 2020 even as it travelled to other parts of the globe slowly engulfing...

Internet Sector – Zomato Pre IPO update- Unlisted – A connoisseur’s spread

Zomato – Table d'hôte Zomato is well positioned to take advantage of India’s food delivery market, growing way faster than other EMs. The company is planning to raise INR 82,500mn through an IPO to invest in its current business and initiate new delivery-focussed business streams (scaling to delivering any product). Concerns p...

Music Broadcast Q4FY21 Update – Wave II prolongs full recovery to beyond FY23

Mcap: INR 8bn | Sell | TP: INR 14, CMP: INR 24 | Downside: 42% §Q4FY21 revenues declined 7.4% YoY to Rs 425mn despite a low base, as traditional verticals were continuously under strain, losing to the digital amidst COVID. However, it grew 4.5% QoQ in Q4, contributing 11% YoY to overall volume growth. EBITDA stood at INR 29mn...

Zee Entertainment Q4FY21 Update | Mcap: INR 184bn, Buy, TP: INR 300 | CMP: INR 192 |

Digital business remains a drag View Zee has reported a domestic ad revenue decline of 20% YoY, largely in line with industry estimates, despite a hefty ad revenue gain due to Zee Anmol moving towards FTA in June ’20. Ad growth challenges are expected to persist throughout H1FY22 due to lock-down in most sta...

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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!