Tag: Saregama

  • Saregama makes digital audio players cool again

    Saregama makes digital audio players cool again

    MUMBAI: There is nothing that moves India like music and when it comes to music, who would disagree that songs from the 50s, 60s, 70s, and even the 80s have touched India like few other things have. Several generations have grown up on singers like Rafi, Lata, Mukesh, Kishore, Sahir, Majrooh, RD, and they became such a part of our lives that they are referred to by their first names. And yet, today, we struggle to get access to their songs. The 40+ Indian living in smaller towns today is not very comfortable with the contemporary music media – be it smartphones, memory sticks, or download options.

    Saregama has launched its first ever digital and TV film for its hot new product – a portable digital audio player with in-built stereo speakers and 5000 evergreen Hindi songs inside called Saregama Carvaan.

    Saregama wanted to capture and portray the depth of emotions and the role that music, and by its extension Carvaan can play in people’s lives. Ad agency The Womb wanted to stay away from the casual, the flippant, or the superficially happy-clappy world of gifting advertising.

    The film showcases the couple as they move through life and how a song is an integral part of their relationship. It is the husband’s stress buster, it is his solace, his happiness and joy. It is also his ‘lori’! Until one day, the wife passes away and the song ceases to exist. The son has observed the song, its role in the relationship of his parents and how troubled is his father. He brings along Carvaan as a gift which may never replace the mother but most surely can bring the song and associated memories back to life.

  • Zee TV leads Hindi GEC (R+U) & urban market: BARC week 44

    Zee TV leads Hindi GEC (R+U) & urban market: BARC week 44

    MUMBAI: Zee TV dominates two markets this week – the Hindi GEC (U+R) and Urban markets- according to Broadcast Audience Research Council (BARC) all India data.

    Zee Anmol continued to rule the rural market where Dangal TV is the new entrant.

    Hindi GEC

    Zee TV has garnered the top slot this week with 741062 Impressions (000s) followed by Star Bharat on second position with 698635 Impressions (000s).

    Zee Anmol fell to third position with 676733 Impressions (000s).

    Sony Pal stood at number four with 593863 Impressions (000s) and Colors at five with 582344 Impressions (000s).

    Star Plus, Sony Entertainment Television and Sab TV grabbed sixth, seventh and eighth slots with 517871 Impressions (000s), 462257 Impressions (000s) and 379771 Impressions (000s) respectively. Star Utsav and Rishtey bagged ninth and tenth spots with 373404 Impressions (000s) and 370051 Impressions (000s) respectively.

    Hindi Rural GEC

    Zee Anmol, Sony Pal and Star Bharat are at first, second and third slots respectively with 530044 Impressions (000s) sum, 405706 Impressions (000s) sum and 381969  Impressions (000s) sum.

    Zee TV, Star Utsav and Rishtey are at fourth, fifth and sixth positions with 297080 Impressions (000s), 284532 Impressions (000s) and 261172 Impressions (000s) sum respectively.

    DD National, Dangal TV, Colors and Star Plus are at seventh, eighth, ninth and tenth positions respectively with 244068 Impressions (000s), 190630 Impressions (000s), 171488 Impressions (000s) and 161722 Impressions (000s) sum.

    Hindi Urban GEC

    In urban GEC, Zee TV bagged the leadership position with 443982 Impressions (000s) followed by Colors at second slot with 410856 Impressions (000s) and Star Plus at third with 356148 Impressions (000s).

    Sony Entertainment Television, Star Bharat and Sab TV  stood at fourth, fifth and sixth with 334106 Impressions (000s), 316666 Impressions (000s) and 285031 Impressions (000s)

    Sony pal stood on number seven with 188157 Impressions (000s).

    &TV, Zee Anmol and Rishtey garnered eighth, ninth and tenth slots with 150009 Impressions (000s), 146688 Impressions (000s) and 108878 Impressions (000s) respectively.

     

  • Saregama’s Yoodlee to target 18-30 age-group with thematic films

    MUMBAI: Popular music banner Saregama has ventured into film production through Yoodlee Films under which it will make thought-provoking and engaging content, releasing films every month. Targeting the 18-30 age group, the banner will cater to the inherent need of the audience to watch strong thematic content.

    Yoodlee has already made five films, starting with Brij Mohan Amar Rahe, which will release on 1 September. Of the five, three are in Hindi, one in English and one bilingual — Tamil and Malayalam.

    Read here for detailed report:

    Saregama to produce films under Yoodlee Films

  • Saregama & Officer’s Choice launch short film platform Salute Zindagi

    Saregama & Officer’s Choice launch short film platform Salute Zindagi

    MUMBAI: Allied Blenders and Distillers Pvt. Ltd., India’s homegrown spirits company, has launched Officer’s Choice Blue Snacks, Salute Zindagi, in association with Saregama. Taking forward the brand’s core ethos of the ‘Good Samaritan’, the platform is set to host six short films inspired by the lives of real heroes, who have personified the value of righteousness in their deeds and action.

    The series will bring out heart-warming stories in an entertaining format of five minutes, of real heroes who through their extraordinary acts of kindness have inspired millions. From a security guard who has written 4000 heart-warming letters to the families of martyrs to a rickshawala who gives free rides in his well-equipped rickshaw, almost running a gift economy, these stories capture the essence of righteousness. The platform in association with Saregama aims at highlighting the value of righteousness that has been long associated with Officer’s Choice Blue through a series of 6 short films that will be rolled out every three weeks.

    Talking about this unique initiative, Ahmed Rahimtoola, Head of Marketing, Allied Blenders and Distillers said, “’Salute Zindagi’ is our effort at curating stories that bring to the fore heart-warming and inspiring stories of real heroes. Their extraordinary acts of kindness resonate with the timeless value of righteousness that has been long associated with Officer’s Choice Blue. Keeping the brand’s philosophy at the core and the growing relevance of short form content on digital media, this property will allow us to connect better with the youth.”

    Saregama VP – films & national TV Siddharth Anand Kumar said, “We chose to focus on stories of everyday people who, by doing small acts of kindness, make a big impact and literally turn the frowns on people’s faces into smiles. We have leveraged the emotive appeal of evergreen songs from the Saregama catalogue.”

  • Sports Flashes ropes in Saregama’s / Network18’s Sinha as CTO

    MUMBAI: Keshaw Sinha has become the chief technology officer (CTO) of Sports Flashes, one of the top sports apps of the country. He was the chief technology officer of the music label Saregama in his last assignment and has earlier been the Head of Technology at Network 18 and Zapak. He is also the Co-founder of the app along with Raman Raheja who is the Chief Executive Officer of the firm as well.

    An IITian Mumbai Alumni, Sinha leverages over 20 years of experience in product and technology in various sections like Media & Entertainment, VAS, Online Gaming, Product Development, Financial Market & Analysis, Retail, Telecommunication, Pre-Press etc. His previous work stint included brands like pH Solutions (Mumbai-based product and service firm), Network18 where he launched and improvised on FirstPost.com & moneycontrol.com, Zapak (gaming portal of the Reliance ADAG), Patni Computers and Qwest Corporation.

    Sinha will be responsible for building and developing the product further for better user experience. “Keshaw has been a master of creating & mentoring landmark products in the digital space and it’s a pleasure to have him on board as the CTO. His skills would help us grow further by leaps and bounds,” said Raheja.

    Sinha’s future plans also include launching Sports Flashes in various global markets. “Sports is seeing a revolution of sorts in India and I would like to see Sports Flashes lead the Digital Revolution in the Sports Industry,” added Sinha.

    Available in five languages, Sports Flashes was launched in August 2016. It has already reached a mark of 200,000 users and 4.5 million screen views in just 150 days. Pegged as a One stop Sports App for ‘Everything about Sports’, it had started with 70-words trending stories and now carries the Sports Flashes TV that shows many domestic & International sports events live besides live match scores, ball by ball commentary, tips by champions like Sushil Kumar, gossips from the sports world and astro predictions.

  • Saaibaba musicals & comedy, Balaji dramas may lift DD’s fortunes from Feb

    Saaibaba musicals & comedy, Balaji dramas may lift DD’s fortunes from Feb

    MUMBAI: Starting February, pubcaster Doordarshan is geared up to launch television shows following the prime time programming slot auction in December.

    Saaibaba Telefilms and Ekta Kapoor-promoted Balaji Telefilms are putting together programming ranging from family dramas to youth-oriented shows to music reality shows which may lead to revival of the viewership and finances of the network. indiantelevision had reported that Balaji bid successfully for four slots, and Saaibaba bagged two slots on Doordarshan’s prime time slot auctions.

    Saaibaba, which is popular for shows such as SaReGaMa, Antakshari, and Star Voice of India, will produce music-focused reality and fiction shows for Doordarshan. Saaibaba won bids for 7.30 pm to 8 pm from Monday to Friday, and 8pm to 9pm on Saturday and Sunday, indiantelevision.com had reported.      

    Saaibaba director Shweta Singh on Tuesday told indiantelevision.com, “We had not applied for initial two bids but put the hat in the third ring because it was feasible and fortunately got two slots. In terms of content, we are looking for musical reality shows for weekends and comedy show on weekdays.”     

    Balaji COO – television business Ketan Gupta reportedly said that one of the shows was going to be a youth-focused show, while another would be a love story. A daily soap opera (family drama) has been planned for the Friday slot, he added.

    Balaji has made superhit fiction shows such as Kumkum Bhagya on Zee and Pavitra Bandhan (which runs on DD National). It successfully pocketed three slots (half an hour each for 8-9:30pm programming) from Monday to Thursday. The production house won two slots for 8-9pm programming on Friday.

    After a Prasar Bharati Board meeting in October, Doordarshan had announced a series of concessions once the programmers come on board, including lowering the base price for a 30-minute slot to Rs. 1,50,000.      

    DD sources had told indiantelevision.com that the only eligibility criterion that has been relaxed is that the basic price for auction has come down to Rs 1,50,000 (Rs 1.5 lakh) for a 30-minute slot. It was Rs 250.000 when the auction was announced in June this year, and was decreased to Rs 200,000 when the new date was set in early September 2016.

    However, most of the other eligibility norms remain the same as earlier in the New Content Acquisition Scheme that has been approved by Prasar Bharati Board.

    Also Read: Balaji & Saaibaba bag prime time slots on DD National

    DD non-prime time slots programmes invited; FCTs specified

  • Saaibaba musicals & comedy, Balaji dramas may lift DD’s fortunes from Feb

    Saaibaba musicals & comedy, Balaji dramas may lift DD’s fortunes from Feb

    MUMBAI: Starting February, pubcaster Doordarshan is geared up to launch television shows following the prime time programming slot auction in December.

    Saaibaba Telefilms and Ekta Kapoor-promoted Balaji Telefilms are putting together programming ranging from family dramas to youth-oriented shows to music reality shows which may lead to revival of the viewership and finances of the network. indiantelevision had reported that Balaji bid successfully for four slots, and Saaibaba bagged two slots on Doordarshan’s prime time slot auctions.

    Saaibaba, which is popular for shows such as SaReGaMa, Antakshari, and Star Voice of India, will produce music-focused reality and fiction shows for Doordarshan. Saaibaba won bids for 7.30 pm to 8 pm from Monday to Friday, and 8pm to 9pm on Saturday and Sunday, indiantelevision.com had reported.      

    Saaibaba director Shweta Singh on Tuesday told indiantelevision.com, “We had not applied for initial two bids but put the hat in the third ring because it was feasible and fortunately got two slots. In terms of content, we are looking for musical reality shows for weekends and comedy show on weekdays.”     

    Balaji COO – television business Ketan Gupta reportedly said that one of the shows was going to be a youth-focused show, while another would be a love story. A daily soap opera (family drama) has been planned for the Friday slot, he added.

    Balaji has made superhit fiction shows such as Kumkum Bhagya on Zee and Pavitra Bandhan (which runs on DD National). It successfully pocketed three slots (half an hour each for 8-9:30pm programming) from Monday to Thursday. The production house won two slots for 8-9pm programming on Friday.

    After a Prasar Bharati Board meeting in October, Doordarshan had announced a series of concessions once the programmers come on board, including lowering the base price for a 30-minute slot to Rs. 1,50,000.      

    DD sources had told indiantelevision.com that the only eligibility criterion that has been relaxed is that the basic price for auction has come down to Rs 1,50,000 (Rs 1.5 lakh) for a 30-minute slot. It was Rs 250.000 when the auction was announced in June this year, and was decreased to Rs 200,000 when the new date was set in early September 2016.

    However, most of the other eligibility norms remain the same as earlier in the New Content Acquisition Scheme that has been approved by Prasar Bharati Board.

    Also Read: Balaji & Saaibaba bag prime time slots on DD National

    DD non-prime time slots programmes invited; FCTs specified

  • Film Bazaar: Saregama plans 100 films in five yrs; FB assures bigger role

    Film Bazaar: Saregama plans 100 films in five yrs; FB assures bigger role

    NEW DELHI: Kanwal Sethi’s Once Again (Work-In-Progress Lab) and Kabir Mehta’s (Film Bazaar Recommends) won Facebook Credits (ad coupons) worth US$ 10,000 (Rs 6.85 lakh) at the Film Bazaar at the 47th International Film Festival of India in Panaji.

    This was FB’s first collaboration with the National Film Development Corporation for its Film Bazaar which concluded on 24 November, although the Festival will conclude on 27 November.

    The Prasad Digital Intermediate award by Prasad Labs went to Ridham Janve’s Pahadi language film The Gold-Laden Sheep and the Sacred Mountain (Work-In-Progress Lab) and Sanal Kumar Sasidharan’s Malayalam film Sexy Durga (Film Bazaar Recommends).

    Facebook Head of Growth and Partnerships Kinshu Sinha said: “NFDC and Film Bazaar are emerging, both as a very powerful and strong forum for filmmakers and we are really proud to be associated with them. This is the first time we are sponsoring these awards but we would want to continue this and come again in a much bigger way the next year to support Film Bazaar and the filmmakers.”

    The winners were decided by the mentors of the Work In Progress Lab and the jury of Film Bazaar Recommends, which included Charles Tesson, Benjamin Illos, Paolo Bertolin, and Renata Santoro.

    WIP Lab Mentor Marco Muller who is Artistic Director of the International Film Festival and Awards, Macao said, “The first thing that I want to say on behalf of the jury is – Dear Nina Lath Gupta, please be well soon because your vision has been enhanced once again in this wonderful mission of Film Bazaar.”

    The Bazaar saw Sa Re Ga Ma announcing that it was planning to produce 100 films in the next five years, and Richie Mehta was planning to shoot two projects in Delhi (Film Office).

    Dina Dattani is to work on A Foolish Man (Co-Production Market) as executive producer

    Abhay Deol picked three Film Bazaar titles, Leeches, Labour of Love and Kaagaz Ki Kashti for digital release.

    Over 1300 delegates including 954 Indian delegates and 212 International delegates and press attended the four-day Film Bazaar which had 134 buyers present this year from over 34 countries. The Producers’ Lab saw over 50 entries and the Viewing Room had the maximum number of entries so far with 202 films, ‘Film Bazaar Recommends’ featured 32 films, Industry Screenings saw 40 films and Virtual Reality emerged as one of the major attractions at the Film Bazaar.

    Elated over the outcome of the Bazaar, NFDC MD Nina Lath Gupta said: “I would attribute the success of Film Bazaar to the fact that it does not simply present projects for investment and films for sale, but puts in a great deal of effort into the development of projects and training of filmmakers – developing scripts in labs, pitching and presentation training in the Co-Production Market, Work-in-Progress Labs that look at the first cut of a film and not only advise on its strengths and flaws but even assist in editing, advising on possible reshoots etc, and finally presenting them in the Viewing Room where every distributor, buyer and festival programmer can view these films, contact the filmmaker and make a deal. We believe it is this approach that has contributed to the success of the Film Bazaar. The event is not simply a market – it is a complex amalgamation of training, development, promotion and curating a selection of good films for the consideration of the domestic and international market.”

    The ‘Open Pitch’ in the Co-Production Market (which was introduced in 2015) upped the ante with the introduction of ‘Video Presentations’ while pitching the CPM projects, with NFDC Film Bazaar probably being the only platform for filmmakers to do this.

    “I don’t think I have ever seen a video pitch like this happening in any other film market in the world,” German Producer Michael Henrichs said.

    Venice International Film Festival programmer Paolo Bertolin said, “Open Pitch is an important addition to the structuring of Film Bazaar; in particular, a very good way of creating interest in the projects in the Co-Production Market. Especially because it highlights what really the projects are representing, and what the directors and producers are looking for. It is easier for the decision-makers who are attending the Co-Production Market to decide on which projects they really need to meet or they are really interested in. They can get an immediate feel or vibe of how the people are dealing with their subjects with their way of making the projects first and then hopefully turning into a film, it should definitely become a permanent feature in the future.”

    Actor Renuka Shahane, whose debut directorial venture Tribhanga (Three Curve Bent) participated in the Open Pitch, said, “The video pitch at the NFDC Co-Production Market was a very useful tool for writers/directors because it not only gave the participating producers an exact idea of the tone and type of script we were pitching. It also gave it in a succinct spanner. It saved us a lot of trouble in trying to explain our work.”

    The Knowledge Series sessions at NFDC Film Bazaar 2016 culminated with a Masterclass by Producer Philip Lee, who spoke on ‘Mounting and Positioning the Epic Across Cultures’ In a freewheeling discussion spanning his work on critically acclaimed and box office hit films such as The Dark Knight, The Revenant, Cloud Atlas, Crouching Tiger, Hidden Dragon, and most recently for Assassin’s Creed as executive producer, to be released 2016.

    Michel Reilhac, former Head of Film Acquisitions at Arte France who curated the VR NEXT sidebar at Cannes and Venice International Film Festival 2016 and has also directed 6 VR shorts did an engaging presentation on ‘Busting Myths, Immersive Technology and its role in Future Cinema Narratives’.

    Facebook Head of Media partnerships Saurabh Doshi’s session on ‘The Facebook Workshop, Facebook’s Guide to Filmmaking’ was another enlightening session, especially with the boom in online content being generated, and then promoted on Facebook.

  • Film Bazaar: Saregama plans 100 films in five yrs; FB assures bigger role

    Film Bazaar: Saregama plans 100 films in five yrs; FB assures bigger role

    NEW DELHI: Kanwal Sethi’s Once Again (Work-In-Progress Lab) and Kabir Mehta’s (Film Bazaar Recommends) won Facebook Credits (ad coupons) worth US$ 10,000 (Rs 6.85 lakh) at the Film Bazaar at the 47th International Film Festival of India in Panaji.

    This was FB’s first collaboration with the National Film Development Corporation for its Film Bazaar which concluded on 24 November, although the Festival will conclude on 27 November.

    The Prasad Digital Intermediate award by Prasad Labs went to Ridham Janve’s Pahadi language film The Gold-Laden Sheep and the Sacred Mountain (Work-In-Progress Lab) and Sanal Kumar Sasidharan’s Malayalam film Sexy Durga (Film Bazaar Recommends).

    Facebook Head of Growth and Partnerships Kinshu Sinha said: “NFDC and Film Bazaar are emerging, both as a very powerful and strong forum for filmmakers and we are really proud to be associated with them. This is the first time we are sponsoring these awards but we would want to continue this and come again in a much bigger way the next year to support Film Bazaar and the filmmakers.”

    The winners were decided by the mentors of the Work In Progress Lab and the jury of Film Bazaar Recommends, which included Charles Tesson, Benjamin Illos, Paolo Bertolin, and Renata Santoro.

    WIP Lab Mentor Marco Muller who is Artistic Director of the International Film Festival and Awards, Macao said, “The first thing that I want to say on behalf of the jury is – Dear Nina Lath Gupta, please be well soon because your vision has been enhanced once again in this wonderful mission of Film Bazaar.”

    The Bazaar saw Sa Re Ga Ma announcing that it was planning to produce 100 films in the next five years, and Richie Mehta was planning to shoot two projects in Delhi (Film Office).

    Dina Dattani is to work on A Foolish Man (Co-Production Market) as executive producer

    Abhay Deol picked three Film Bazaar titles, Leeches, Labour of Love and Kaagaz Ki Kashti for digital release.

    Over 1300 delegates including 954 Indian delegates and 212 International delegates and press attended the four-day Film Bazaar which had 134 buyers present this year from over 34 countries. The Producers’ Lab saw over 50 entries and the Viewing Room had the maximum number of entries so far with 202 films, ‘Film Bazaar Recommends’ featured 32 films, Industry Screenings saw 40 films and Virtual Reality emerged as one of the major attractions at the Film Bazaar.

    Elated over the outcome of the Bazaar, NFDC MD Nina Lath Gupta said: “I would attribute the success of Film Bazaar to the fact that it does not simply present projects for investment and films for sale, but puts in a great deal of effort into the development of projects and training of filmmakers – developing scripts in labs, pitching and presentation training in the Co-Production Market, Work-in-Progress Labs that look at the first cut of a film and not only advise on its strengths and flaws but even assist in editing, advising on possible reshoots etc, and finally presenting them in the Viewing Room where every distributor, buyer and festival programmer can view these films, contact the filmmaker and make a deal. We believe it is this approach that has contributed to the success of the Film Bazaar. The event is not simply a market – it is a complex amalgamation of training, development, promotion and curating a selection of good films for the consideration of the domestic and international market.”

    The ‘Open Pitch’ in the Co-Production Market (which was introduced in 2015) upped the ante with the introduction of ‘Video Presentations’ while pitching the CPM projects, with NFDC Film Bazaar probably being the only platform for filmmakers to do this.

    “I don’t think I have ever seen a video pitch like this happening in any other film market in the world,” German Producer Michael Henrichs said.

    Venice International Film Festival programmer Paolo Bertolin said, “Open Pitch is an important addition to the structuring of Film Bazaar; in particular, a very good way of creating interest in the projects in the Co-Production Market. Especially because it highlights what really the projects are representing, and what the directors and producers are looking for. It is easier for the decision-makers who are attending the Co-Production Market to decide on which projects they really need to meet or they are really interested in. They can get an immediate feel or vibe of how the people are dealing with their subjects with their way of making the projects first and then hopefully turning into a film, it should definitely become a permanent feature in the future.”

    Actor Renuka Shahane, whose debut directorial venture Tribhanga (Three Curve Bent) participated in the Open Pitch, said, “The video pitch at the NFDC Co-Production Market was a very useful tool for writers/directors because it not only gave the participating producers an exact idea of the tone and type of script we were pitching. It also gave it in a succinct spanner. It saved us a lot of trouble in trying to explain our work.”

    The Knowledge Series sessions at NFDC Film Bazaar 2016 culminated with a Masterclass by Producer Philip Lee, who spoke on ‘Mounting and Positioning the Epic Across Cultures’ In a freewheeling discussion spanning his work on critically acclaimed and box office hit films such as The Dark Knight, The Revenant, Cloud Atlas, Crouching Tiger, Hidden Dragon, and most recently for Assassin’s Creed as executive producer, to be released 2016.

    Michel Reilhac, former Head of Film Acquisitions at Arte France who curated the VR NEXT sidebar at Cannes and Venice International Film Festival 2016 and has also directed 6 VR shorts did an engaging presentation on ‘Busting Myths, Immersive Technology and its role in Future Cinema Narratives’.

    Facebook Head of Media partnerships Saurabh Doshi’s session on ‘The Facebook Workshop, Facebook’s Guide to Filmmaking’ was another enlightening session, especially with the boom in online content being generated, and then promoted on Facebook.

  • Lower TV segment revenue adds to Saregama Q2-17 numbers downturn

    Lower TV segment revenue adds to Saregama Q2-17 numbers downturn

    BENGALURU: Indian custodians of music company Saregama Limited (Saregama) reported 14.2 per cent year-over-year (y-o-y) and 0.9 per cent quarter-over-quarter (q-o-q) declines in total income from operations (TIO) for the quarter ended 30 September 2016 (Q2-17, current quarter). The company reported TIO of Rs 47.90 crore in Q2-17, Rs 55.80 crore in Q2-16 and Rs 48.33 crore in Q1-17. The company also saw a decline in Net Sales revenue as well as License Fees revenue in the current quarter.

    The company’s profit after tax (PAT) in Q2-17 declined to less than half (1/2.25 times) y-o-y to Rs 1.15 crore (2.4 per cent margin) from Rs 2.59 crore (4.6 per cent margin) and declined 34.7 per cent q-o-q from Rs 1.76 crore (3.6 per cent margin). EBIDTA including other income in Q2-17 declined 26.8 per cent y-o-y to Rs 4.06 crore and declined 12.1 per cent q-o-q from Rs 4.62 crore.

    The company has two segments – Music and Television Serials (TV).

    Music segment reported 5.2 per cent y-o-y decline in operating revenue to Rs 31.23 crore from Rs 39.24 crore and declined 2.7 per cent q-o-q from Rs 32.11 crore. Music segment reported 44.4 per cent y-o-y decline in operating profit to Rs 6.1 crore in the current quarter from Rs 32.94 crore and 45.8 per cent q-o-q decline from Rs 11.25 crore.

    Saregama’s TV segment reported 27.1 per cent y-o-y decline in operating revenue in Q2-17 to Rs 16.67 crore from Rs 22.86 crore, but a 2,8 per cent q-o-q increase from Rs 16.22 crore. TV segment operating profit declined 53.9 per cent y-o-y to Rs 1.61 crore from Rs 3.49 crore and declined 35.6 per cent q-o-q from Rs 2.50 crore.

    Let us look at the other numbers reported by Saregama

    Saregama also reports revenue from three streams –‘Net Sales Income’, ‘License Fee’, and ‘Other’. Net Sales Income in Q2-17 declined 23.1 per cent y-o-y to Rs 17.93 crore (37.4 per cent of TIO) from Rs 23.31 crore (41.8 per cent of TIO), but increased 5 per cent q-o-q from Rs 17.08 crore (35.3 per cent of TIO).

    License Fees income in the current quarter declined 7.9 per cent y-o-y to Rs 29.89 crore (62.4 per cent of TIO) from Rs 32.44 crore (58.1 per cent of TIO) and declined 4.1 per cent from Rs 31.18 crore (64.5 per cent of TIO) in Q2-16.

    Other Income in the current quarter was Rs 0.08 crore; Rs 0.05 crore in Q2-16; and Rs 0.07 crore in the immediate trailing quarter.

    Saregama’s Total Expense in the current quarter at Rs 48.76 crore (101.8 per cent of TIO) was 9.9 per cent less than the Rs 54.14 crore (97 per cent of TIO) in Q2-16, but was 7.0 per cent more than the Rs 48.33 crore (94.3 per cent of TIO) in Q1-17.

    The company’s Royalty Fee expense in Q2-17 at Rs 4.25 crore (8.9 per cent of TIO) declined 20.4 per cent y-o-y from Rs 5.34 crore (9.6 per cent of TIO) but increased 1.2 per cent q-o-q from Rs 4.20 crore (8.7 per cent of TIO).

    Saregama’s advertising and sales promotion expense in Q2-17 at Rs 4.74 crore (9.9 per cent of TIO) increased 12.9 per cent y-o-y from Rs 4.20 crore (7.5 per cent of TIO) and increased 3.7 per cent q-o-q from Rs 4.57 crore (9.5 per cent of TIO).

    Employee Benefit Expense in the current quarter at Rs 8.98 crore (18.7 per cent of IO) was 21.3 per cent lower than the Rs 11.41 crore (20.4 per cent of TIO) in Q2-16 but 0.8 per cent more than the Rs 8.91 crore (18.94 per cent of TIO) in the immediate trailing quarter.