As per BARC India ratings for week 45 for the period ending 8th November, the popular Hindi GEC Star Plus has gained big moving to the second position in urban HSM, while Sony Entertainment Television (SET) has been pushed to the third position. Star Utsav has replaced Colors Rishtey at the tenth position.
MyBox Technologies is proud to be the only Indian company to join Amazon's Voice Interoperability Initiative, a global group of like-minded companies building and promoting voice services on multiple products. This initiative was announced to the world by Amazon through their press release on 24th September 2019.
The News Broadcasters Association (NBA) has written a letter to CM Jagan Mohan Reddy taking his attention towards a concern over Andhra Pradesh government’s controversial order, delegating powers to secretaries of government departments to file complaints and defamation cases against ‘erring’ media organisations and personnel.
The net profit for Q2 of the South India broadcaster Sun TV Network was up 4% at Rs. 366.51 crore as against Rs. 351.32 crores for the corresponding quarter of the previous fiscal. The total Comprehensive income for the quarter was up 4 % at Rs. 366.29 crore as against Rs. 351.38 crore.
Popular FM station radio Mirchi’s market share has improved by 1% during Q2, though the core radio revenues have declined 7%, but the solutions business has provided a cushion in the difficult times reporting a strong revenue growth of 33.9% and with higher margins pricing in the radio segment has improved marginally YoY whereas the inventory reported sharp decline due to sharp ad spend cut across all major verticals.
In response to the consultation paper ‘Issues related to Interconnection Regulation 2017, the Indian Broadcasting Foundation (top body of pay-TV broadcasters) has requested the Telecom Regulatory Authority of India (TRAI) not to go ahead with a consultation process on issues related to placement, marketing and other agreements between broadcasters and distribution platform operators (DPOs).
The content monetisation arm of TV18/Viacom18, IndiaCast Media Distribution has witnessed a sharp fall in net profit for the fiscal ended 31st March even as its revenue increases. Its net profit fell to Rs 11 lakh in FY19 compared to Rs 26 lakh in the previous fiscal. The drop in the net profit was due to the increase in net tax expense from Rs 74 lakh to Rs 1.59 crore.
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