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Tag: My FM

  • MY FM celebrates ‘Aapke Ghar Ka Diya Jayega Ayodhya’ season five

    MY FM celebrates ‘Aapke Ghar Ka Diya Jayega Ayodhya’ season five

    Mumbai: Dainik Bhaskar Group’s radio brand MY FM recently celebrated the fifth season of ‘Aapke Ghar ka diya jayega Ayodhya.’

    After the massive response to this activity last year, this year too MY FM pledged to collect diyas from the listeners and light them at Ayodhya on the auspicious festival of Diwali.

    The initiative is a vibrant expression of community spirit, celebrating the richness of Indian traditions. This year, it was expanded to all seven states and 30 cities, much larger than before with more than 5,40,000 diyas delivered to Ayodhya by MY FM RJs in 20 days.

    This initiative was strongly supported by Uttar Pradesh Tourism and Ayodhya Nagar Nigam along with collaboration with Fortune Foods, ensuring a lively and culturally rich celebration.

    “The overwhelming response to ‘Aapke Ghar Ka Diya Jayega Ayodhya’ underscores our commitment to provide the best experience to our listeners. We are proud to be a part of this journey making Diwali special and unique,” said MY FM CEO Rahul Namjoshi.

    As MY FM continues to champion cultural initiatives, it reinforces the power of radio as a medium to connect communities and celebrate the diversity that India embodies.

  • MY FM launches ‘Sadhguru Sar’ series with Sadhguru

    MY FM launches ‘Sadhguru Sar’ series with Sadhguru

    Mumbai: MY FM, the radio arm of Dainik Bhaskar group has announced the launch of ‘Sadhguru Sar’, a fascinating new series with the spiritual guru, Sadhguru, that promises to enlighten and inspire the listeners.

    Our listeners will have the unique opportunity to immerse themselves in the profound insights of Sadhguru, an acclaimed spiritual master renowned for his transformative teachings.

    Each episode will delve into crucial topics such as relationships, complexities of life, success, mental health and spirituality providing invaluable guidance and direction for leading a healthy and happy life.

    It promises to illuminate different facets of life through engaging discussions and practical wisdom. Each capsule will highlight a unique aspect, inviting listeners to explore timeless perspectives that can enrich the daily experiences.

  • MY FM launches new humour capsules – ‘Irshad-Na-Kaabil’ & ‘Baklol Samachar’

    MY FM launches new humour capsules – ‘Irshad-Na-Kaabil’ & ‘Baklol Samachar’

    Mumbai: MY FM, the Radio arm of Dainik Bhaskar group unveils snacky humour capsules – ‘Irshad-Na-Kaabil’ & ‘Baklol Samachar’.

    MY FM is ready with an exciting content lineup in the festive season bringing in even more reasons for listeners to tune in to our channel. We have recently transitioned from traditional long-format shows to a dynamic line-up of 10-12 short-format shows covering a wide array of topics with crisp, engaging content that enhances both value and entertainment.

    Irshad-Na-Kaabil is an eccentric, whimsical character known for his nonsensical approach to storytelling. He is a self-proclaimed Bollywood enthusiast who creates imaginative backstories of iconic Bollywood songs to add fun and entertainment.

    Baklol Samachar is all about a hilarious news anchor known for his distinct style and humorous take on current events and almost everything happening around us. He blends humour and satire with a flamboyant style that makes it an unforgettable experience. His unique perspectives and mannerisms make him a standout personality.

    “We are staying true to our commitment to bring unique and entertaining content to our listeners. We are extremely excited to introduce the new sparklers,” said MY FM CEO Rahul Namjoshi.

    Tune in to MY FM for a non-stop rollercoaster of laughter and let the fun begin!

  • Glucon D & MY FM launch “Thakaan Gone, Energy On” in Ahmedabad

    Glucon D & MY FM launch “Thakaan Gone, Energy On” in Ahmedabad

    Mumbai: In a heart-warming initiative to support the unsung heroes battling the sweltering heat while ensuring smooth traffic flow, Glucon D and MY FM collaborated to launch “Thakaan Gone, Energy On” in Ahmedabad. Presented by Glucon D and powered by 94.3 MY FM, with the backing of the Ahmedabad Traffic Police, this initiative aimed at providing much-needed refreshment, hydration & energy to the dedicated on-duty traffic policemen.

    Amidst soaring temperatures, the initiative kicked off with a ceremonial inauguration at the Police Commissioner’s office in Ahmedabad. The event was graced by esteemed dignitaries including police commissioner Gyanendra Singh Malik, JCP Traffic Ahmedabad Narendra Chaudhary, and DCP Traffic Shafin Hasan, alongside the entire team of MY FM.

    This initiative was spread across 15 days catching millions of eyeballs, reaching 20000 Ahmedabadis with a refreshing glass of Glucon D, 3000 traffic policemen every afternoon across 60 major crossroads. This initiative also garnered a cumulative reach of over five million people on social media videos grabs during the campaign.

    One of the highlights of the activity came when the Glucon D branded truck visited thousands of on-duty traffic enforcers stationed around the Narendra Modi Cricket Stadium during the IPL playoffs last month. Glucon D seized the opportunity to extend its support to thousands of dedicated officers ensuring that they remain energized and hydrated throughout their duty hours.

    The core concept revolved around serving chilled glasses of Glucon D to the on-duty traffic police personnel apart from commuting Ahmedabadis, offering instant energy and hydration to combat the scorching heat.

    Through “Thakaan Gone, Energy On” GLUCON D not only provided physical refreshment but also boosted morale and recognised the tireless efforts of those who keep Ahmedabad moving safely.

  • MY FM launches new humour property – ‘Babaji Practical Hai’

    MY FM launches new humour property – ‘Babaji Practical Hai’

    Mumbai: MY FM, the radio arm of Dainik Bhaskar Group, launched a new comic sparkler, “Babaji Practical Hai,” a unique content that adds humour to everyday situations. With every capsule, one will laugh out loud as Babaji brings to light the absurdities of life.

    It features the witty and insightful character Babaji, who addresses common life challenges. The character offers a playful commentary on life’s ups and downs. From the hustle and bustle of the office to the nuances of married life, or just trying to get through the day, Babaji has something practical and hilarious to say. His humour and jibes are set to become the antidote to our daily grind.

    “Babaji Practical Hai” is aired daily, once every hour, across MY FM network.

  • DB Corp announces 20 per cent hike in ad rates for My FM

    DB Corp announces 20 per cent hike in ad rates for My FM

    Mumbai: DB Corp has announced a 20 per cent increase in ad rates on My FM across its key markets with effect from 15 February.

    My FM has witnessed an increase in demand in its key markets which has resulted in an opportunity for the radio broadcaster to increase ad rates and reflect its strong positioning in these markets. “The key markets of My FM have been witnessing a strong uptick in growth, as economic activity is returning to normal after the second wave last year. In addition, businesses across sectors are looking to increase their return on investment and get the most out of their advertising budgets,” said the statement.

    “We are seeing renewed vigour in advertising revenues, almost all categories are back on radio for their advertising needs especially in tier 2 and 3 markets where radio has always been very effective in hyper-local connect and have bounced back to pre-Covid levels,” said My FM CEO Rahul Namjoshi. “Over the last few months, we have witnessed significant demand in advertisements and consequently rising inventory pressure. Our priority has always been to deliver innovative content to our listeners and it is in our best interest to keep the listening experience and advertisers’ interest in perfect harmony. The price hike will help us to continue offering an enjoyable listening experience for our listeners and deliver stronger RoI for advertisers.”

    DB Corp is one of India’s largest media companies and home to flagship newspapers such as Dainik Bhaskar, Divya Bhaskar, Divya Marathi and Saurashtra Samachar as well as its radio network My FM.

  • PTC Punjabi & MY FM ‘Swag Te Superstar with RJ Meenakshi’

    PTC Punjabi & MY FM ‘Swag Te Superstar with RJ Meenakshi’

    PTC Punjabi, the flagship television channel of PTC Network and MY FM, the radio arm of DB Corp Ltd have come together to launch a brand new chat show ‘Swag Te Superstar’ in a bid to keep their audience afresh  with unique concepts. The one-of-its-kind chat show will witness RJ Meenakshi get up close & personal with top Punjabi superstars about their lockdown experiences and up the entertainment quotient with some fun games and entertaining performances.

    ‘Swag Te Superstar’ with RJ Meenakshi will witness two power-houses of entertainment-  PTC Punjabi & MY FM; join hands for the first time. The 15-day alliance, has a stellar line up of artist Sukhbir Singh, Parmish Verma, Gurnam Bhullar, Gippy Grewal, Aashta Gill to name a few, the show will feature one superstar daily. TV episode goes on air at 8.30pm daily on PTC Punjabi and Radio Show goes On Air at 10am in the morning at MY FM across Punjab and Haryana stations of MY FM. The digital simulcast will happen at 5.30pm through both MY FM and PTC Network’s social media handles.

    Announcing the launch of ‘Swag Te Superstar’, Rabindra Narayan, Managing Director & President, PTC Network, said, “While the world is facing a health crisis, we at PTC Network continue to evangelise ‘Positivity’. As a seasoned broadcaster, we’ve taken a lead in innovating and presenting original and fresh content to our audience reeling under the anxiety around the pandemic. We hope with this ingenious alliance between PTC Network and My FM and our other ground-breaking novelties, we can entertain them during the lockdown and bring them some positivity.”

    Sharing his views on the alliance, Mr. Rahul Namjoshi, COO, MY FM, adds; “Unprecedented and uncertain times brings out some of the best concepts, both MY FM and PTC Network share the same ideology of spreading positivity and hope along with a big dose of daily entertainment for its audience. We hope to add a big smile to millions of people with this initiative.”  
     

  • TRAI: FM Radio ad revenue moved up in third quarter

    BENGALURU: After the slump in advertisement revenues by private FM radio stations in the quarters ended 30 June 2016 (Q1-17) and 31 March 2016 (Q4-17), the trend seems have been changed, albeit marginally for Q2-17 (quarter ended 30 September 2016)  and Q3-17 (quarter ended 31 December 2017) according to the data released by The Telecom Regulatory Authority of India (TRAI).

    According to TRAI data for Q3-17, radio combined ad revenues reported by 272 of the 273 private operating FM radio stations were Rs546.72 crore or an average of Rs2.01 lakh per station for Q3-17. This washigher than the average of Rs 1.94 crore per station (combined revenue Rs502.13 crore from 259 stations)for the immediate trailing quarter. Q3-17 ad revenue was however short by about Rs12 lakh per station as compared to the corresponding year ago quarter for which TRAI reported combined ad revenue of Rs533.7 crore from 240 radio stations (Average revenue per station of Rs2.22 crore per station). As a matter of fact, in Q2-16, the average revenue per station was highest at Rs 2.22 crore during the period commencing from end Q1-12 until the current quarter.

    Please refer to the Figure below for FM Radio Ad Revenue over a five year plus period spanning a 23 quarter period starting with the quarter ended 30 June 2011 (Q1-12) until the quarter ended 31 December 2016 (Q2-17) as per TRAI data. The amounts are in Rs crore and rounded off to the nearest decimal place in the case of combined ad revenue and two decimal places in the case of Average Revenue per station.

    public://4444444444.jpg

    In absolute terms, combined Radio ad revenue in Q3-17 increased 8.9 percent and 3.4 percent year-over-year (y-o-y, as compared to the corresponding quarter of the previous year) and quarter-over-quarter (q-o-q, immediate trailing quarter) respectively. Average revenue per station in the current quarter declined 9.6 percent y-o-y, but increased 3.7 percent q-o-q. The total number of stations in Q3-17 increased 13.3 percent y-o-y and 5 percent q-o-q.

    Please refer to Figure B for y-o-y and q-o-q changes

    public://5555555555.jpg

    Thirteen new private FM stations commenced operations to take the total number of stations at close of 31 December 2017 to 273 in the third quarter of 2017 according to TRAI. At the close of Q2-17 (previous quarter), there were 260 private FM stations operating in the country.

    Here’s two of the major radio networks’ performed in Q3-17

    One of the biggest players in the private FM radio business – Entertainment Network India Limited that runs the Radio Mirchi network among others, reported 4.9 percent y-o-y increase in consolidated Total Income from Operations or revenue (TIO) for Q3-17 of Rs 150.65 crore for the current quarter as compared to Rs 143.57 crore in the corresponding quarter of the previous fiscal. Q-o-q, revenue in Q3-17 also increased 16.2 percent from Rs 129.65 crore in Q2-17.The company’s consolidated profit after tax (PAT) in Q3-17 declined by 43.1 percent year-over-year (y-o-y) to Rs16.42 crore (10.9 percent margin) as compared to Rs28.86 crore (20.1 percent margin) and more than doubled (increased 2.18 times) q-o-q from Rs 8.05 crore (6.2 percent margin).

    Commenting on the results, ENILmanaging director and chief executive officer, Prashant Pandaysaid, “We are poised on the cusp of a strong growth curve with the LoveNetwork – 8 ‘Mirchi Love’ channels of our own and 3 ‘Ishq FM’ channels of TV Today –now fully operational. This network, along with the original ‘Mirchi’ network, now comprising 42 channels, offer advertisers the widest coverage across the country. With thegovernment soon to announce the results of the second batch of auctions held recently, we willgrow even bigger. These are exciting times!”

    Another player, DB Corp’s MY FM radio network which encompassed 26 live stations with the launch of nine new stations during Q2-17 and Q3-17 reported revenue increase in Q3-17 of 12.4 percent to Rs 36.32 crore as compared to Rs 32.32 crore in the corresponding year ago quarter.  DB Corp’s earnings press release said that its radio business operating profit (EBIDTA) grew 3 percent y-o-y to Rs 14.8 crore (41 percent margin), while profit after tax (PAT) also increased 3 percent y-o-y to Rs 8.1 crore (22 percent margin).

    Unlike most of the other players in the media and entertainment, the major players of the radio industry were not as affected by the government’s demonetisation drive that commenced on November 8, 2016. With more stations to roll, the industry’s ad revenues can only grow.

     

  • DB Corp’s radio business numbers expand with network growth

    DB Corp’s radio business numbers expand with network growth

    BENGALURU: DB Corp’s MY FM radio network now encompasses 26 live stations with the launch of nine new stations over the last two quarters of this fiscal (year ending 31 March 2017 or FY-17). DB Corp’s radio business revenue for the quarter ended 31 December 2016 (Q3-17, current quarter) increased 12.4 percent to Rs 36.32 crore as compared to Rs 32.32 crore in the corresponding year ago quarter (year-over-year or y-o-y).  The company’s press release says that its radio business operating profit (EBIDTA) grew 3 percent y-o-y to Rs 14.8 crore (41 percent margin), while profit after tax (PAT) also increased 3 percent y-o-y to Rs 8.1 crore (22 percent margin).

    DB Corp Limited (DB Corp), home to flagship newspapers Dainik Bhaskar, Divya Bhaskar, Dainik Divya Marathi and Saurashtra Samachar reported 6.3 percent higher consolidated revenue for the current quarter as compared to the corresponding year ago quarter. The media house’s total income from operations (TIO or revenue) in Q3-17 was Rs 627.27 crore as compared to Rs 589.97 crore.

    DB Corp’s consolidated profit after tax (PAT) increased 6.6 percent y-o-y to Rs 118.1 crore as compared to Rs 110.75 crore. However, quarter-over-quarter (q-o-q) it’s PAT declined 14.9 percent from Rs 103.96 crore in Q1-17.

    EBIDTA (excluding other income) for the current quarter increased 4.5 percent y-o-y to Rs198.25 crore as compared to Rs 189.63 crore and increased 39.2 percent q-o-q from Rs 142.39 crore.

    Four segments contribute to DB Corp’s numbers – Printing and publishing of newspaper and periodicals (Printing) segment; Radio segment; Event segment, Internet segment; and Power segment. Its Printing and Radio segments are major contributors to the company’s top and bottomlines and have been considered here.

    The radio segment or business numbers have been mentioned above.

    Printing and publishing of newspaper and periodicals (Printing) segment          

    DB Corp’s Printing segment reported 4.9 percent y-o-y growth in revenue to Rs 569.91 crore in the current quarter as compared to the Rs 543.36 crore in Q3-16.The Printing segment’s revenue increased 15.4 percent q-o-q Rs from Rs 493.79 crore. The segment’s operating profit in the current quarter increased 4 percent y-o-y to Rs 173.55 crore as compared to Rs 166.91 crore and increased 34.5 percent q-o-q from Rs 129 crore.

    Other numbers

    DB Corp’s consolidated Total Expenditure for Q3-17 increased 6.6 percent y-o-y to Rs 450.81 crore as compared to Rs 422.92 crore and increased 9.9 percent q-o-q from Rs 410.12 crore.

    Consolidated Cost of raw materials consumed in Q3-17 increased 6.5 percent y-o-y to Rs 177.24 crore from Rs 166.46 crore and increased 8.5 percent q-o-q from Rs 163.43 crore. Consolidated Employee Benefits Expense in the current quarter increased 6.6 percent y-o-y to Rs 108.5 crore as compared to Rs 102.16 crore in Q3-16 and increased 1 percent q-o-q from Rs 107.41 crore. Consolidated Total comprehensive income in Q3-17 increased 7.3 percent y-o-y to Rs 118.11 crore from Rs 110.05 crore, and increased 38.6 percent q-o-q from Rs 85.21 crore.

    Company speak

    Commenting on the performance DB Corp managing director Sudhir Agarwal said, “The resilience of our business model and strength of our operating strategy has been brought to the fore by our performance in Q3, which has broadly been a quarter of weak demand and subdued consumer spending and I take this opportunity to thank the team for their sincerity and dedication. Dainik Bhaskar has been acknowledged as the nation’s largest circulated multi-edition daily by RNI which is again an endorsement of our operating approach and philosophy. We have undertaken several growth oriented initiatives across all our print, digital and radio segments that have made a

    holistic impact on the business. We will continue to maintain this discipline and control at all levels while we are also empowering employees to enhance agility in the workplace.

    We expect the immediate-to-midterm impact of the currency purge undertaken by the Government, on consumption, to normalise over the next few months, a process which has already slightly started improving. We will continue to sharpen our strengths across our print and non-print businesses as well as

    our deep knowledge of our customers’ domain that are driving our ability to play a strategic role in the Indian M&E environment

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

  • DB Corp’s radio business numbers expand with network growth

    DB Corp’s radio business numbers expand with network growth

    BENGALURU: DB Corp’s MY FM radio network now encompasses 26 live stations with the launch of nine new stations over the last two quarters of this fiscal (year ending 31 March 2017 or FY-17). DB Corp’s radio business revenue for the quarter ended 31 December 2016 (Q3-17, current quarter) increased 12.4 percent to Rs 36.32 crore as compared to Rs 32.32 crore in the corresponding year ago quarter (year-over-year or y-o-y).  The company’s press release says that its radio business operating profit (EBIDTA) grew 3 percent y-o-y to Rs 14.8 crore (41 percent margin), while profit after tax (PAT) also increased 3 percent y-o-y to Rs 8.1 crore (22 percent margin).

    DB Corp Limited (DB Corp), home to flagship newspapers Dainik Bhaskar, Divya Bhaskar, Dainik Divya Marathi and Saurashtra Samachar reported 6.3 percent higher consolidated revenue for the current quarter as compared to the corresponding year ago quarter. The media house’s total income from operations (TIO or revenue) in Q3-17 was Rs 627.27 crore as compared to Rs 589.97 crore.

    DB Corp’s consolidated profit after tax (PAT) increased 6.6 percent y-o-y to Rs 118.1 crore as compared to Rs 110.75 crore. However, quarter-over-quarter (q-o-q) it’s PAT declined 14.9 percent from Rs 103.96 crore in Q1-17.

    EBIDTA (excluding other income) for the current quarter increased 4.5 percent y-o-y to Rs198.25 crore as compared to Rs 189.63 crore and increased 39.2 percent q-o-q from Rs 142.39 crore.

    Four segments contribute to DB Corp’s numbers – Printing and publishing of newspaper and periodicals (Printing) segment; Radio segment; Event segment, Internet segment; and Power segment. Its Printing and Radio segments are major contributors to the company’s top and bottomlines and have been considered here.

    The radio segment or business numbers have been mentioned above.

    Printing and publishing of newspaper and periodicals (Printing) segment          

    DB Corp’s Printing segment reported 4.9 percent y-o-y growth in revenue to Rs 569.91 crore in the current quarter as compared to the Rs 543.36 crore in Q3-16.The Printing segment’s revenue increased 15.4 percent q-o-q Rs from Rs 493.79 crore. The segment’s operating profit in the current quarter increased 4 percent y-o-y to Rs 173.55 crore as compared to Rs 166.91 crore and increased 34.5 percent q-o-q from Rs 129 crore.

    Other numbers

    DB Corp’s consolidated Total Expenditure for Q3-17 increased 6.6 percent y-o-y to Rs 450.81 crore as compared to Rs 422.92 crore and increased 9.9 percent q-o-q from Rs 410.12 crore.

    Consolidated Cost of raw materials consumed in Q3-17 increased 6.5 percent y-o-y to Rs 177.24 crore from Rs 166.46 crore and increased 8.5 percent q-o-q from Rs 163.43 crore. Consolidated Employee Benefits Expense in the current quarter increased 6.6 percent y-o-y to Rs 108.5 crore as compared to Rs 102.16 crore in Q3-16 and increased 1 percent q-o-q from Rs 107.41 crore. Consolidated Total comprehensive income in Q3-17 increased 7.3 percent y-o-y to Rs 118.11 crore from Rs 110.05 crore, and increased 38.6 percent q-o-q from Rs 85.21 crore.

    Company speak

    Commenting on the performance DB Corp managing director Sudhir Agarwal said, “The resilience of our business model and strength of our operating strategy has been brought to the fore by our performance in Q3, which has broadly been a quarter of weak demand and subdued consumer spending and I take this opportunity to thank the team for their sincerity and dedication. Dainik Bhaskar has been acknowledged as the nation’s largest circulated multi-edition daily by RNI which is again an endorsement of our operating approach and philosophy. We have undertaken several growth oriented initiatives across all our print, digital and radio segments that have made a

    holistic impact on the business. We will continue to maintain this discipline and control at all levels while we are also empowering employees to enhance agility in the workplace.

    We expect the immediate-to-midterm impact of the currency purge undertaken by the Government, on consumption, to normalise over the next few months, a process which has already slightly started improving. We will continue to sharpen our strengths across our print and non-print businesses as well as

    our deep knowledge of our customers’ domain that are driving our ability to play a strategic role in the Indian M&E environment

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.