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Tag: Money Control

  • BBC| Sadguru | Money Control| Film Companion and many more exciting podcast stations on Saregama Carvaan 2.0

    BBC| Sadguru | Money Control| Film Companion and many more exciting podcast stations on Saregama Carvaan 2.0

    MUMBAI: Saregama announced its tie up with eminent content providers to boost the podcast offerings of its recently launched product Carvaan 2.0, which also supports 5000 pre-loaded retro songs. Podcast line up now includes BBC, Sadguru, Money Control, Film Companion by Anupama Chopra, Popular Fever FM Originals like Jai Bajrangi featuring Sunil Shetty, Sai Nath featuring Jackie Shroff, Ramayana in iconic voices of Naseeruddin Shah, Anupam Kher, Om Puri, motivational talks, love stories & other interesting topics via Hubhopper podcasts. With these recent associations ,  Carvaan 2.0 becomes an undisputed  single one stop audio destination for consuming varied content ranging from music , Bollywood interviews, financial advice, insights on relationships, kids content, health & general wellbeing to devotion among many other such topics across genres. Saregama Carvaan 2.0 is a first ever product, which offers not just pre-loaded music but also, aggregates and brings various genres of podcasts to one single platform, which consumers can access on-demand.

    Carvaan 2.0 was launch with a very clear strategy of extending the relevance of the product from just lovers of retro music to every member of the family. The content acquisition driven totally, by what different age groups are consuming today via various platforms. Apart from offering 5000 pre-loaded evergreen songs , there are bedtime stories , rhymes, devotional series for young children,  bollywood interviews, travelogues , motivational talks, love & horror stories, poetries for the younger generation, tips on carefree parenting , stock market analysis, BBC World Service English Podcasts like BBC Minute, WorklifeIndia, Crowd Science etc  for other age groups.  

    Here is the overview of current podcast line up. 

    BBC World Service English Podcasts – BBC Minute, WorklifeIndia, Kalki Presents: My Indian Life, Crowd Science, Death in Ice Valley, The Assassination and People Fixing the World
    Insights on life, relationships, health and all aspects of human wellbeing by Sadhguru, Founder, Isha Foundation
    Bollywood Interviews and Film reviews by Anupama Chopra via Film Companion
    Motivational talks, love & horror stories, shayari and poetry, tips & conversations on carefree parenting, and more top audio shows via Hubhopper podcasts
    Dig Deeper into the stock market with Moneycontrol: Analyses of business news and history, and their impact on the markets
    Fever FM original Jai Bajrangi – A very popular podcast on the life of lord Hanuman. Sunil Shetty has lent his voice to the character of Hanuman
    Fever FM original Sai Nath : The life and journey of Saibaba featuring Jackie Shroff as Sai
    Fever FM original Ramayan : Epic audio series featuring Naseeruddin Shah as Raavan, Anupam Kher as Dashrath, Javed Jafferi as Hanuman, Ratna Pathak Shah as Mantra, Jayati Bhatia as Kaikeyi and Om Puri as Narrator 
    Bachchan Recites Bachchan where Amitabh Bachchan himself recites Shri Harivansh Rai Bhachchan’s poems
    Music stations of Tamil, Telugu, kannada , Malyalam and Assamese songs to cater to its regional listeners 
    Exclusive dedicated stations like M S Subhalakshmi, Rabindra Sangeet, Gurbani , Classical Carnatic, Hindustani  Vocal and Instrumental
    Other highly consumed and popular stations include Bhagwad Geeta ka Saar, Sampoorna Sundarkand, Nani Maa ki Nuskhe, Musafir hoon Yaaron, Wordgram, Open Mike, Bachchon ki Kahaniyan, Bedime stories among many others
    Podcasts on various topics like travel, children stories and rhymes, mind body and soul, stories of various spices, wordgram
    Gulzar’s Nazam, Poetries and more
    Various devotional stations like Bhagwad Gita, Krishna Bhajan, Sai Chalisa and more  
    Additional 15000 Hindi songs via various playlists

    Vikram Mehra, Managing Director, Saregama says, “ Carvaan 2.0 is not just an audio player with pre-loaded music but a full-fledged audio platform offering a very wide range of popular and relevant content for all age groups and every member of the family. Simplicity is the core of Carvaan, this version though has evolved in terms of content offering but with zero compromise on the simplicity and ease of access.”

    This version of Carvaan gives access to 5000 pre-loaded songs, additionally to 15000 songs via wi-fi audio stations and various other podcasts. It offers other features like FM/ AM, USB, Bluetooth and a rechargeable battery. It comes with app compatibility, which gives easy access to pre- loaded library of songs and to various podcast stations. Setting up of wi-fi is extremely simple and is just a onetime process.  The product comes with 1-year doorstep warranty backed by an all India service network.

    Carvaan 2.0 is available in Classic Black and Emerald Green at Rs 7990. The same is also available in Gold variant as well with iconic Harman Kardon speakers in two colors – Champagne Gold and Rose Gold at Rs 12990.   All versions are available on www.saregama.com

  • TV18 boosts Network18 numbers for third quarter

    TV18 boosts Network18 numbers for third quarter

    BENGALURU: Mukesh Dhirubhai Ambani’s media arm, Network18 reported improved numbers for the quarter ended 31 December 2018 (Q3 2019, quarter under review) as compared to the corresponding year ago quarter Q3 2018). The company reported 13 percent y-o-y growth in consolidated revenue for Q3 2019 at Rs 1,475 crore as compared to Rs 1,267 crore in Q3 2018. Network18 reported profit after taxes of Rs 138 crore for Q3 2018. Consolidated operating EBITA increased 18 percent y-o-y to Rs 88 crore in Q3 2019 from Rs 75 crore in Q3 2018.

    Network18’s numbers comprise of numbers from its publically listed subsidiary TV 18 Broadcast Limited (TV18) and from NW18 Web digital, print and others.

    TV 18 props Network 18 numbers

    TV 18 consolidated revenue of Rs 1,474 crore in Q3 2019 was 22 per cent higher y-o-y than Rs 1,211 crore in Q3 2018. TV 18 consolidated operating EBIDTA for Q3 2019 increased 41 percent y-o-y to Rs 115 crore from Rs 82 crore in Q3 2018

    Revenue growth in Q3 2019 was across all revenue streams. The company’s operating revenue from Business and General news (TV 18 standalone) increased 16 per cent y-o-y to Rs 290 crore from Rs 251 crore. The segment’s operating EBIDTA more than doubled (increased 130 percent) y-o-y in Q3 2019 to Rs 47 crore from Rs 20 crore.

    National News (Business and General) revenue increased 12 percent in Q3 2019 y-o-y to Rs 220 crore from Rs 196 crore. National News (Business and General)  operating EBITDA increased 13 percent y-o-y to 56 crore from Rs 49 crore. National News. Regional News ex-Lokmat operating revenue during the quarter under review increased 27 percent y-o-y to Rs 70 crore from Rs 55 crore. The segment reported a substantially lower loss of Rs 9 crore for Q3 2019 as compared to Rs 29 crore for Q3 2018.The Entertainment segment (Viacom 18, AETN18 and Indiacast) saw a 23 percent y-o-y increase in revenue to Rs 1,185 crore in Q3 2019 from Rs 960 crore.  Operating profit of the Entertainment segment increased 11 percent y-o-y to Rs 68 core from Rs 61 core.

    NW18 Web digital, print and others numbers continue decline

    In Q2 2018, NW18 Web digital, print and others (NW18) revenue declined. The decline continued with a  13 per cent y-o-y fall in Q3 2019 to Rs 49 crore from Rs 56 crore in Q3 2018. NW18 operating EBIDTA was higher loss of Rs 27 crore as compared to a loss of Rs 7 crore in Q3 2018.

    Company speak

    Chairman of Network18, Adil Zainulbhai said: “Regional content consumption continues to see robust growth across all parts of the media industry that we play in, whether broadcasting or digital; and straddling news, entertainment and film. We continue to invest in digital with an eye on the future. We are extending our powerful brands across geographies, business models and mediums, to create the most compelling portfolio of properties in the opportunity-laden Indian media sector.”

    Notes

    Viacom18 and  Indiacast became subsidiaries of TV18 from 28 February 2018 and have been consolidated into TV18/Network18 financials from 1 March 2018. HomeShop18 has ceased to be a subsidiary of Network18 from 15 February 2018 as a result of its acquisition of ShopCJ through a share-swap.

  • Q3-2015: Network18 reports improved results

    Q3-2015: Network18 reports improved results

    BENGALURU: Network18 Media & Investments Limited (Network18) reported better results in Q3-2015 as compared to Q2-2015. Improved performances by its media operations, web and publishing operations helped buoy the company’s topline. Q2-2015 was a bad quarter overall for the media and entertainment (M&E) industry in India. Is the Ambani habit of reporting good results rubbing on to its newly-taken over companies – TV18 and Network18; minnows when compared to the giant that the Mukesh Ambani run Reliance Group of Industries is? Only time will tell.

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

     The company reported 11.7 per cent growth in Income from Operations at Rs 839.1 crore in Q3-2015 from Rs 744.8 crore in Q2-2014 and 14.3 per cent more than the Rs 727.6 crore in Q3-2014. During 9M-2015, Network18 Income from Operations improved 16.9 per cent to Rs 2285.1 crore from Rs 1954.1 crore in 9M-2014.

     Network18’s Profit Before Tax and Exceptional Items (PBT) improved to Rs 22.4 crore in Q3-2015 from a loss of Rs 14.8 crore in Q2-2015 and 15.7 per cent more than the Rs 19.3 crore in Q3-2014. For 9M-2015, loss at Rs 36.4 per cent was lower than the loss of Rs 65.6 crore in 9M-2014.

     Let us look at the other numbers reported by Network18:

     The company’s operating profit (Profit before depreciation, interest and tax – PBDIT) in Q3-2015 at Rs 67.1 crore was almost quadruple (up 3.8 times) than the Rs 17.4 crore in Q2-2015 and 12.7 per cent higher than the Rs 59.5 crore reported in the corresponding quarter of the previous year. For 9M-2015, PBDIT at Rs 97.2 crore was 2.5 times the Rs 39 crore reported for 9M-2014.

     Network18 reported 5.6 per cent higher Total Expense (TE) at Rs 788.5 crore in Q3-2015 versus the Rs 746.9 crore in Q2-2015 and 14.7 per cent more than the Rs 687.6 crore in Q3-2014. In 9M-2015, the company’s TE at Rs 2268.9 crore was 15.2 per cent more than the Rs 1969.5 crore in 9M-2015.

    Programming cost in Q3-2015 at Rs 202.1 crore was 13 per cent more than the Rs 178.8 crore in the immediate trailing quarter and 30.8 per cent more than the Rs 154.5 crore in Q3-2014. In 9M-2015, programming cost at Rs 546.5 crore was 37.8 per cent more than the Rs 396.5 crore in 9M-2014.

     Network18’s distribution, advertising and business (DAB) expense in Q3-2015 at Rs 214 crore was 3 per cent lower than the Rs 220.7 crore in Q2-2015 and 3.3 per cent less than the Rs 221.3 crore in Q3-2014. In 9M-2014, the company reported 5.2 per cent lower DAB expense at Rs 626.6 crore versus the Rs 660.7 crore in 9M-2014.
     
    Depreciation and amortisation cost (depreciation) in Q3-2015 at Rs 23.8 crore was 22.7 per cent lower than the Rs 19.4 crore in Q2-2015 and 22 per cent less than the Rs 19.5 crore in Q3-2014. Depreciation in 9M-2015 at Rs 80.9 crore was 48.7 per cent more than the Rs 54.4 crore in 9M-2014.

     Network18 says that its digital content operations – moneycontrol.com, Ibnlive.com, Firstpost.com and News18.com and its digital commerce operations bookmyshow.com and Homeshop 18 performed well in the current quarter with a monthly average reach of approximately 25 million visitors for first two months in this quarter.

    Its television business also performed well. The company said that its business news operations (CNBC-TV18, CNBC Awaaz, CNBC Bajar and CNBC-TV18 Prime HD) sustained their leadership position in the genre. CNBC Bajar showed accelerated growth in viewership with a 182 per cent increase in Q3-2015 over Q2-2015. CNN-IBN stood at No.2 position in the English General News category in Q3-2015 with a market share of 25 per cent. In the entertainment segment, Colors was the No.1 channel on weekend prime time with a market share of 28.3 per cent in Q3-2015. History TV18 ended the year 2014 with No.1 position in December 2014 with a market share of 25 per cent in 6 Metros and garnered the maximum time spent per viewer at 178 minutes in 6 Metros and 132 minutes in all India. The company’s regional news and entertainment group of channels under the ETV umbrella also performed well.