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Tag: FM radio broadcasting

  • TRAI releases recommendations on FM radio broadcasting

    TRAI releases recommendations on FM radio broadcasting

    Mumbai: The Telecom Regulatory Authority India (TRAI) has released recommendations on FM radio broadcasting in order to discuss various issues related to FM Radio broadcasting.

    In order to discuss various issues related to FM Radio broadcasting, TRAI held a meeting with representatives of AROI on 5 August 2022. Representatives of AROI, inter-alia, raised the following issues for consideration of the authority:

    (i) Permitting private FM Radio channels to broadcast independent news bulletins

    (ii) Availability of FM Radio receivers in mobile handsets

    After considering all comments or counter-comments received from stakeholders during the consultation process and further analysis of the issues, the Authority has finalised its recommendations. The salient features of the recommendations are given below:

    (1) The annual licence fee of a FM radio channel should be de-linked from NOTEF.

    (ii) The license fee should be calculated as four percent of the Gross Revenue (GR) of the FM radio channel during the respective financial year. GST should be excluded from Gross Revenue (GR).

    (iii) The Government may take appropriate measures to provide relief to the FM radio operators to address challenges posed due to Covid-19 pandemic.

    (iv) Private FM Radio operators should be allowed to broadcast news and current affairs programs, limited to 10 minutes in each clock hour.

    (v) The program code of conduct as applicable to All India Radio for news content may also be applied to Private FM Radio channels.

    (vi) Functions or features pertaining to FM radio should remain enabled and activated on all mobile handsets having the necessary hardware. Built-in FM radio receivers in mobile handset must not be subjected to any form of disablement or deactivation.

    (vii) A Standing Committee, headed by a senior officer of Joint Secretary or above level, to oversee and monitor the compliance by mobile phone manufacturers (or importers) may be established by MeitY. The committee should include key stakeholders such as MIB, AROI, MAlT, and ICEA.

    (viii) An online grievance redressal portal should be provided for submitting information or complaints in case of any noncompliance as regards enablement of FM radio functionality in such mobile handsets that have the necessary functionality for FM receivers.

     

  • FY-2015: TV Today reports 22.4% income growth, PAT up 32.2%

    FY-2015: TV Today reports 22.4% income growth, PAT up 32.2%

    BENGALURU: TV Today Network Limited (TVTN) reported 22.4 per cent growth in Total Income from Operations (TIO) to Rs 476.58 crore as compared to the TIO of Rs 389.44 crore in the previous year. Profit after tax (PAT) for the current year grew 32.2 per cent to Rs 81.03 crore from Rs 61.32 crore in FY-2014. TIO for Q4-2015 at Rs 114.15 crore was 17.2 per cent more than the Rs 97.41 crore in the corresponding year ago quarter but 9.9 per cent lower than the Rs 126.68 crore in Q3-2015.

     

    Note: 100,00,000 = 100 lakh = 10 million = 1 crore

     

    TVTN PAT for Q4-2015 at Rs 8.69 crore declined 45.2 per cent as compared to the Rs 15.85 crore in Q4-2014 and was 67 per cent less than the Rs 13.21 crore in the immediate trailing quarter.

     

    Let us look at the other numbers posted by TVTN:

     

    TVTN reported other income of Rs 22.69 crore in FY-201; Rs 11.70 crore in FY-2014; Rs 10.97 crore in Q4-2015; Rs 5.01 crore in Q4-2014 and Rs 4.24 crore in Q3-2015.

     

    The company’s total expenses (TE) for FY-2015 increased 23.2 per cent to Rs 374.90 crore from Rs 304.35 crores in the previous year. TE in Q4-2015 at Rs 112.70 crore was 45.8 per cent more than the Rs 77.31 crore in Q4-2014 and 24.6 per cent more than the Rs 90.48 crore in the preceding quarter.

     

    Production cost in FY-2015 at Rs 54.46 crore was 32.5 per cent more than the Rs 41.09 crore in FY-2014. Q4-2015 production cost increased 37.7 per cent in Q4-2015 to Rs 17.94 crore as compared to the Rs 13.03 crore in Q4-2014 and was 50 per cent more than the Rs 11.96 crore in Q3-2015.

     

    The company’s advertisement, distribution and sales promotion expense (ad expense) in FY-2015 at Rs 101.75 crore was 18.7 per cent more than the Rs 85.74 crore in FY-2014. Ad expense for Q42015 was 80.3 per cent more at Rs 32.68 crore as compared to the Rs 18.12 crore in Q4-2014 and was 30.4 per cent more than the Rs 25.06 crore in Q3-2015.

     

    Segment Results:

     

    TV Broadcasting

     

    TVTN’s TV Broadcasting segment reported 23.3 per cent operating revenue growth in FY-2015 to Rs 461.08 crore as compared to the Rs 374.06 crore in FY-2014. The segment’s operating revenue in Q4-2015 improved 22.5 per cent to Rs 114.54 crore as compared to the Rs 93.5 crore in the corresponding year ago quarter, but declined 9.6 per cent as compared to the Rs 126.68 crore in Q3-2105.

     

    The segment reported 22.1 per cent growth in operating profit to Rs 126.71 crore in FY-2015 as compared to the Rs 103.75 crore in FY-2015. In Q4-2015, operating profit declined 45.9 per cent to Rs 14.90 crore as compared to the Rs 27.55 crore in Q40-2014 and fell to less than the half (38 per cent) of the Rs 39.22 crore in the immediate trailing quarter.

     

    FM Radio Broadcasting

     

    TVTN’s FM Radio Broadcasting segment reported 0.6 per cent growth in operating revenue to Rs 15.48 crore in FY-2015 as compared to the Rs 15.38 crore in FY-2014. Operating revenue for the segment declined 0.3 per cent in Q4-2015 to Rs 3.90 crore as compared to the Rs 3.91 crore in Q4-2015 and declined fourper cent as compared to the Rs 4 crore reported in Q3-2015.

  • TV Today telecasts 16 per cent net profit rise in FY 2013

    TV Today telecasts 16 per cent net profit rise in FY 2013

    MUMBAI: Its FM radio broadcasting business is on the turnaround trail. And that – apart from its mainstay its news TV channels Aaj Tak, Headlines Today, Dilli Aaj Tak and Tezz- has helped Living Media India Ltd’s (The India Today group’s) television & FM radio broadcasting arm, TV Today Network, post a pleasing 16 per cent rise in its net profit in the year ended 31 March 2013. However, its Q4 2013 net profit has fallen 13.3 per cent against the corresponding previous year’s Q4-2012.

    TV Today Network has been one of the more efficiently run news organisations in the Indian news broadcasting sector and has been reporting profits for some time now. Other listed news TV organisations have been bleeding and have just about starting showing profits. Hence, its Q4-2013 results appear to be just an aberration.

    Let us look at the standalone Q4-2013 financials as against Q4-2012

    Q4-2013 total revenues stand at Rs 84.27 crore, a drop of over 4.7 per cent as against last corresponding Q4-2012’s Rs 88.46 crore. Its TV broadcasting business contributes nearly 97 per cent at Rs 81.63 crore to its revenues while its FM radio broadcasting operations through its channel ‘Oye 104.8’ generated Rs 2.64 crore.

    The broadcaster has managed to pare some of its expenses at Rs 77.89 crore in Q4-2013 as against last corresponding Q4-2012’s Rs 78.33 crore. The marginal difference is on account of its production costs being reduced to Rs 10.36 crore (Rs 11.24 crore).

    Even though the company has seen a 13 per cent reduction in its net profit for Q4-2013 to Rs 6.36 crore (as against Q4-2012’s Rs 7.33 crore), what is heartening is the narrowing of its losses from its FM radio division in Q4-2013 to Rs 2.74 crore from Rs 4.46 crore in Q4-2012.

    Let us take a look at the consolidated financials for the year ending 31 March 2013

    As mentioned earlier, efficient management of its FM radio operations has helped TV Today Network in FY-2013. Its net profit for FY-2013 had a handsome increase of 16 per cent to Rs 12.21 crore (Rs 10.52 crore in FY-2012). A large part of this increase can be attributed to the decrease in losses at its FM radio division to Rs 13.24 crore from Rs 18.59 crore in FY-2012.

    Total revenue for FY 2013 rose to Rs 312.66 crore as against FY-2012’s Rs 308.43 crore with TV broadcasting revenues contributing Rs 302.69 crore as against Rs 300 crore in FY-2012. Its FM radio division chipped in with Rs 9.98 crore as against Rs 8.09 crore last fiscal.

    The company claims that its profits have been squeezed further on account of its payments to BSNL and Prasar Bharti amounting to Rs 80 lakh and monitoring charges for foreign satellite amounting to Rs 76.91 lakh.

    From the short term perspective, its current liabilities including trade payables have significantly increased to Rs 128.39 crore in FY-2013 as against Rs 94.16 crore in FY-2012, a worrying 36 per cent rise, especially when its current assets have shot by only 24 per cent during the same period.

    TV Today Network has made a strategic investment of Rs 45.52 crore in Mail Today Newspapers which is bringing out a daily newspaper in the north. Though Mail Today is in the initial stages of operations and presently incurring losses, the company holds a confident outlook of its future profitability.

    The company has announced a 15 per cent dividend, even as the share closed at Rs 84.85 by the time trading ended on BSE.