ZEEL net profit dips 5.3% to ₹130 cr in Q2
1 year, 1 month ago

ZEEL net profit dips 5.3% to ₹130 cr in Q2

Live Mint  

New Delhi: Media and entertainment company Zee Entertainment Enterprises Limited on Thursday posted a 9% year-on-year increase in its consolidated net profit to ₹123 crore. While some early pick up in ad spending was witnessed led by the FMCG category during the second quarter, overall pace of ad environment recovery continues to be slow, the company said. Subscription revenues rose 8% year-on-year, driven by a pick-up in linear subscription revenue post-NTO 3.0 and ZEE5, the company’s video streaming platform. As of Q2 FY24, Zee commands 17.9% of the country’s linear television network share and total operating revenues for the segment increased by 20.5%.

Revenue Quarter Zee Net Profit  weekly  zee  q2  130  linear  revenues  zeel  quarter  dips  crore  zee5  revenue  53  cr  yearonyear  ad  net  profit

History of this topic

Zee Media share price jumps after Mauritius-based FIIs stake buying
1 month, 1 week ago

Zee Media share price jumps after Mauritius-based FIIs stake buying

Live Mint  

Zee Media Corporation share price was locked in at 5% upper circuit on Tuesday after the Foreign Portfolio Investors, including Mauritius-based UNICO Global Opportunities Fund, bought stake int the comapny. Zee Media Corporation has allotted 13.33 crore fully convertible warrants to three FPIs - UNICO Global Opportunities Fund Limited, Ebisu Global Opportunities Fund Limited and AL Maha Investment Fund PCC …

Stocks to Watch: A Roundup of Potential Gains in the Market
1 month, 3 weeks ago

Stocks to Watch: A Roundup of Potential Gains in the Market

Live Mint  

The article focuses on a range of stocks with diverse industries, highlighting potential gains in the market. While some companies like Bharti Airtel, Adani Power, and Tata Technologies witnessed significant increases in their respective profits, others like BHEL and Indian Oil Corporation reported substantial declines. Conversely, companies like CarTrade Technologies and Federal Bank experienced substantial growth in their net profits.

Paytm's Entertainment Ticketing Business Booms, Propelling Profit
2 months ago

Paytm's Entertainment Ticketing Business Booms, Propelling Profit

Deccan Chronicle  

Paytm reports a net profit of Rs 928.3 crore in Q2, compared to a loss of Rs 290.5 crore a year ago. The company's entertainment ticketing business was a major contributor to this profit, with an exceptional gain of Rs 1,345 crore on account of the sale of entertainment ticketing business. The company's revenue from operations slumped 34.1 per cent …

TVS Holdings Q1 Results Live : profit rise by 10.41% YOY
4 months, 2 weeks ago

TVS Holdings Q1 Results Live : profit rise by 10.41% YOY

Live Mint  

TVS Holdings Q1 Results Live : TVS Holdings declared their Q1 results on 08 Aug, 2024. TVS Holdings has delivered -0.92% return in the last 1 week, 54.76% return in last 6 months and 74.44% YTD return. Currently the TVS Holdings has a market cap of ₹29817.06 Cr and 52wk high/low of ₹14605.8 & ₹4399.14 respectively. TVS Holdings Financials Period …

Indian media and entertainment sector to cross ₹3 tn by 2026
9 months, 2 weeks ago

Indian media and entertainment sector to cross ₹3 tn by 2026

Live Mint  

The Indian media and entertainment sector that touched ₹2.3 trillion in 2023, is expected to grow at a compound annual growth rate of 10% to reach ₹3.08 trillion by 2026, according to the annual media and entertainment report by Ficci and consulting firm EY. On the other hand, new media grew the most, providing ₹12,200 crore of the total growth, …

Zee’s largest shareholder, ICICI Prudential Mutual Fund, sells 42% of holding
10 months, 3 weeks ago

Zee’s largest shareholder, ICICI Prudential Mutual Fund, sells 42% of holding

Live Mint  

Bengaluru: Embattled Zee Entertainment Enterprises Ltd’s largest shareholder, ICICI Prudential Mutual Fund, has sold 42% of its holding in the company after Japan’s Sony Corp. called off the merger of its Indian entity with Zee, the country’s largest media and entertainment company. ICICI Prudential Mutual Fund, which owned 7.25% in Zee Entertainment as of 31 December, sold 2.15% equity between …

Zee needs strategy shift to survive after Sony merger plan crumbles
10 months, 4 weeks ago

Zee needs strategy shift to survive after Sony merger plan crumbles

The Hindu  

The collapse of a planned $10-billion merger with Sony’s unit has heaped pressure on Zee Entertainment, one of India’s most popular TV networks, to pursue deals with new partners or focus on areas such as digital entertainment to revive its fortunes. A Zee-Sony India merger would have created a media powerhouse in the world’s most populous nation with 90-plus channels …

Zee Entertainment posts a mixed Q2 performance; what’s in it for investors?
1 year, 1 month ago

Zee Entertainment posts a mixed Q2 performance; what’s in it for investors?

Live Mint  

Zee Entertainment share price dropped 2% on Friday's trading session following the company's Q2 results. Let's take a look at what the domestic brokerages say following Zee Ent's Q2 results: Nuvama Institutional Equities Zee Entertainment reported Q2FY24 revenue, EBITDA, and adjusted PAT that were higher than anticipated, according to the brokerage. Kotak Institutional Equities Zee's EBITDA increased by 12% year …

NDTV Q2 Results: Net profit drops 51% to ₹6 crore on lower advertising spends
1 year, 2 months ago

NDTV Q2 Results: Net profit drops 51% to ₹6 crore on lower advertising spends

Live Mint  

NDTV Q2 Results: New Delhi Television Ltd, part of the Adani Group, announced its July-September quarter results for fiscal 2023-24, reporting a drop of 51 per cent in net profit at ₹6 crore, compared to ₹12 crore in the corresponding period last year. The media company's revenue from operations in the second quarter of current fiscal declined 10 per cent …

Stocks to Watch: RIL, Axis Bank, TechM, Marico, IndiGo, Dr Reddy’s
1 year, 4 months ago

Stocks to Watch: RIL, Axis Bank, TechM, Marico, IndiGo, Dr Reddy’s

Live Mint  

Here are the top 10 stocks that could be in focus in today's trade: Reliance Industries: Jio Financial Services Ltd, the demerged financial lending arm of Reliance Industries Ltd, and BlackRock, the world’s largest asset manager, have joined hands to set up an asset management company with a combined investment of $300 million. Net interest income or core income jumped …

Zee Ent reports net loss of ₹196 cr in Q4, revenue down 9%; key highlights
1 year, 7 months ago

Zee Ent reports net loss of ₹196 cr in Q4, revenue down 9%; key highlights

Live Mint  

Zee Entertainment announced its Q4FY23 results on May 25, reporting a net loss of ₹196 crore, compared to a net profit of ₹181 crore in the corresponding period last year. The media giant's revenue during the January-march quarter came in at ₹2,112.1 crore, registering a decline of nine per cent, compared to ₹2,323 crore in the year-ago period. On the …

HT Media Q4 Results: Revenue rises 4% to ₹441 crore
1 year, 7 months ago

HT Media Q4 Results: Revenue rises 4% to ₹441 crore

Live Mint  

HT Media announced its Q4FY23 results on May 18, reporting a total net loss of ₹14.96 crore, compared to ₹16.72 crore in the corresponding period last year. The company's net revenue from operations in the January-March quarter came in at ₹441.4 crore, registering a growth of 4.87 per cent, compared to ₹420.9 crore in the year-ago period. HT Media's revenue …

Zee-Sony merger: Groups to sell Hindi channels for anti-competition concerns
2 years, 1 month ago

Zee-Sony merger: Groups to sell Hindi channels for anti-competition concerns

Live Mint  

Media groups Sony and Zee have decided to sell three Hindi channels to address the possible anti-competition concerns arising out of the merger deal. The two groups have agreed to divest Big Magic, which is a Hindi general entertainment channel, as well as Zee Action and Zee Classic, which are Hindi film channels, according to the order. CCI also noted …

Zee-Sony to escalate war for ads, content
2 years, 2 months ago

Zee-Sony to escalate war for ads, content

Live Mint  

The impending merger of Zee Entertainment Enterprises Ltd and Sony Pictures Networks India Pvt. Media industry experts and analysts said once Zee and Sony are merged, the combined entity will take on two large broadcasting networks—Disney Star and Viacom18—for a larger share of advertising, as well as in attracting more and more content producers to work with them. So far, …

Is cricket really worth $9 billion in India?
2 years, 3 months ago

Is cricket really worth $9 billion in India?

Hindustan Times  

Suraj, 20, an engineering student from Mumbai, watches most of his live cricket on the move on a basic ₹499-a-year Hotstar plan. Disney Star, the one stop destination for big-ticket cricket, lost IPL digital rights to Viacom 18 and sub licensed ICC TV rights to Zee. If Viacom 18’s IPL acquisition was about business convergence in the new technological era, …

Revenue Grows 10.4% On-Year to Rs 1,340 Crore - News18
2 years, 5 months ago

Revenue Grows 10.4% On-Year to Rs 1,340 Crore - News18

News 18  

Network18 Media & Investments on July 19, declared a marginal consolidated loss of Rs 3 crore for the quarter ended June 2022 as compared to a profit after tax of Rs 10 crore during the corresponding quarter last year. The consolidated operating revenue for the quarter rose 10.4 percent to Rs 1,340 crore as against Rs 1,214 crore reported during …

Bidding for IPL TV, digital rights for 2023-2027 cycle goes past Rs 42,000 crore
2 years, 6 months ago

Bidding for IPL TV, digital rights for 2023-2027 cycle goes past Rs 42,000 crore

Firstpost  

This year, global giants like Zee Entertainment Enterprises Limited, Reliance-Viacom 18, Disney Star Network and Sony Network are in the fray to grab the rights to the event Mumbai: The IPL media rights value for the 2023-2027 cycle has gone past Rs 42,000 crore and is expected to go even higher as per sources in BCCI. The details of who …

IPL Media Rights Auction Day 1: Know all insane numbers, contenders, current situation, expected result
2 years, 6 months ago

IPL Media Rights Auction Day 1: Know all insane numbers, contenders, current situation, expected result

India TV News  

On expected lines, day 1 of the IPL media rights auction saw the per match value cross the Rs 100 crore mark, total bids reached Rs 43,000 crore and the overall value was up by Rs 10,000 crore against the base price. "As of now after 5.30 pm, the bid for TV has gone up to Rs 57 crore per …

IPL: Dynamics of the ever-rising media rights value
2 years, 6 months ago

IPL: Dynamics of the ever-rising media rights value

Hindustan Times  

Talking up valuations ahead of expensive media rights offerings in sport is common practice. As per BCCI’s internal notes, the inaugural year’s ratings were so good “IPL became the highest rated program on television during the entire season”. With the TV ad rates around ₹7-8 lakh for the first two years, Star’s annual revenue shortfall was reportedly around ₹1,000 crore. …

Media, entertainment sector poised to hit $30.9 bn by 2024
2 years, 9 months ago

Media, entertainment sector poised to hit $30.9 bn by 2024

Live Mint  

The Indian media and entertainment sector is expected to grow by 17% in 2022 to reach the 2019 pre-pandemic levels of $25.2 billion, according to the latest report by the Federation of Indian Chambers of Commerce and Industry and consultancy EY. Digital media has firmly established itself as the second-largest segment in the media and entertainment industry, growing by ₹6,800 …

TV18 Broadcast Q3 Results: Net profit jumps 35% sequentially to Rs 312 crore
2 years, 11 months ago

TV18 Broadcast Q3 Results: Net profit jumps 35% sequentially to Rs 312 crore

Firstpost  

We are building a strong and sustainable media franchise which not only delivers quality content to Indian audience but also value to the shareholders, said chairman Adil Zainulbhai TV18 Broadcast Ltd on Tuesday reported a sharp 35 per cent increase in net profit on a sequential basis to Rs 312 crore for the quarter-ended December 2021, powered by a 21 …

Zee Entertainment approves merger with Sony Pictures Networks India: all you need to know
3 years ago

Zee Entertainment approves merger with Sony Pictures Networks India: all you need to know

Firstpost  

According to news reports, Punit Goenka would head the new venture as its CEO and Managing Director. Zee Entertainment Ltd and Sony Pictures Networks India Ltd have signed a definitive agreement to merge the two companies and form a new entity. As per records filed before the stock exchanges, the SPNI, a subsidiary of Sony Pictures Entertainment, will indirectly hold …

RIL's Q2 Net Profit Falls 15% To Rs 9,567 Crore As Covid-19 Impacted Fuel Demand
4 years, 1 month ago

RIL's Q2 Net Profit Falls 15% To Rs 9,567 Crore As Covid-19 Impacted Fuel Demand

ABP News  

Shapoorji Pallonji Group Wants Stakes In All Tata Group Companies As Part Of The Settlement Billionaire Mukesh Ambani-led Reliance Industries Ltd reported a 15% fall in the September quarter net profits as the coronavirus crisis gutted the demand for transportation fuels. Domestic demand has sharply recovered across our O2C business and is now near pre-Covid level for most products.” The …

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