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Tag: Shemaroo

  • Shemaroo’s debut Q2-2015 result on bourses: Good

    Shemaroo’s debut Q2-2015 result on bourses: Good

    BENGALURU: After its initial public offering (IPO) in September 2014, Shemaroo Entertainment has filed reasonably good results that could  improve further towards the end of fiscal 2015, if the trends shown in some of its IPO documentation continue.
     
    Note: 100,00,000 = 100 lakhs = 10 million = 1 crore
    All numbers in this report are consolidated numbers
     
     
    The company has reported a 31.7 per cent increase in Total Income from Operations (TIO) at Rs 84.96 crore in Q2-2015 from Rs 64.49 crore in Q1-2015 and 21.4 per cent increase from the Rs 69.96 crore in the corresponding quarter of last year. The company’s net consolidated profit after tax has reduced 10.4 per cent quarter on quarter to Rs 8.57 crore (10.1 per cent of TIO) from Rs 9.56 crore (14.8 per cent of TIO) in Q1-2015, but jumped 37.1 per cent from Rs 6.25 crore (8.9 per cent of TIO) in Q2-2014.
     
    For HY-2015, PAT at Rs 18.14 crore (12.1 per cent of TIO) was 73.3 per cent more than the Rs 10.47 crore (8.3 per cent of TIO) for HY-2014. For FY-2014, PAT at Rs 27.95 crore was 10.6 per cent of TIO and PAT for FY-2013 at Rs 24.58 crore was 11.4 per cent of TIO.
     
    Diluted EPS (not annualised) is lower in Q2-2015 at Rs 4.30 versus the Rs 4.82 in Q1-2015, but higher than the Rs 3.15 in Q2-2014.  For HY-2015, diluted (not annualised) EPS was Rs 9.10 and for HY-2014, it was Rs 5.25. An EPS of Rs 14.08 for FY-2014 and Rs 12.38 for FY-2013 was reported for the company during its IPO.
     
    The company’s Total Expenditure (TE) in Q2-2015 has gone up 41.4 per cent to Rs 64.91 crore (76.4 per cent of TIO) from Rs 45.89 crore (71.2 per cent of TIO) in the immediate trailing quarter and was 21.4 per cent more than the Rs 54.85 crore (78.4 per cent of TIO) in Q2-2014. For HY-2015, TE at Rs 110.8 crore (74.1 per cent of TIO) was 14.5 per cent more than the Rs 96.76 crore in HY-2014.

     

  • Shemaroo IPO opens on 16 September

    Shemaroo IPO opens on 16 September

    BENGALURU: India integrated media content house Shemaroo Entertainment Limited’s 100 per cent Book Built Initial Public Offer (IPO) opens tomorrow. The company has activities across content acquisition, value addition to content and content distribution. The issue sized Rs 120 crore closes on 18 September 2014. The promoters of the Company are Raman Maroo and Atul Maru.

    The face value of each share is Rs 10 in the price band of between Rs 155 to Rs 170. A 10 per cent discount is offered to retail investors. The minimum number of shares per lot is 85 and in multiples of 85 thereafter. The maximum bid for retail customers is Rs 2 lakh. The equity shares will be listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

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

    The total size of the issue is between 71 and 77 lakh shares. The break up is: Qualified Institutional Bidders (QIB) including Anchor Investors who may be allocated 60 per cent of the QIB portion is 50 per cent of the issue, non-institutional investors 15 per cent and retail investors 35 per cent of the issue size.  The objects of the Offer are to fund, working capital requirements and expenditure for general corporate purposes and achieve the benefits of listing the Equity Shares on the BSE and the NSE and to carry out the sale of 22,555,124 Equity Shares by the Selling Shareholders. 

    Data by Karvy Stockbrokers of the company over a five year period in an IPO note says that the company’s Earnings per share (EPS) has gone up by 20.4 times from Rs.0.69 (PAT Rs 1.26 crore) in FY-2010 to Rs 14.08 (PAT Rs 27.95 crore) in FY-2014. Shemaroo’s revenue has gone up 2.6 times from Rs 103.57 crore in FY-2010 to Rs 264.68 crore in FY-2014. Its net worth has gone up 2.2 times from Rs 79.27 crore in FY-2010 to Rs 177.45 crore in FY-2014. The figures released by Karvy Stockbroking indicate a PE ratio of between 11 (Price Rs 155 per share) and 12 (Price Rs 170) based on an EPS of Rs 14.08 in FY-2014.

    A Shemaroo press release says:

    “ Shemaroo’s Content Library consists of more than 2,900 titles spanning new Hindi films like Queen, Bhaag Milkha Bhaag, Dedh Ishqiya, The Dirty Picture, Kahaani, OMG: Oh My God!, Black, Ishqiya, Ajab Prem Ki Ghazab Kahani, Omkara, Dil Toh Baccha Hai, Bheja Fry 2, amongst others. Hindi films classics like Zanjeer, Beta, Dil, Disco Dancer, Mughal-e-Azam, Amar Akbar Anthony, Namak Halaal, Kaalia, Madhumati etc., titles in various other regional languages like Marathi, Gujarati, Punjabi, Bengali among others as well as non-film content.

    Shemaroo is one of the largest independent content aggregators in Bollywood. Currently, the Company distributes content over which it has either complete ownership rights or limited ownership rights.

    The Company distributes its content through various mediums such as (i) television such as satellite,

    terrestrial and cable television; (ii)New Media platforms consisting of mobile, internet, direct to home (“DTH”) and other applications; (iii) home entertainment; and (iv) other media.

    Shemaroo’s recent initiatives include tying up as an official channel partner for Google Inc.’s You Tube where it is managing 32channels. It is also moving beyond providing just content, to providing content management solutions to partners including Reliance Communications Re 1 WAP store and Airtel digital television in connection with an interactive devotional service, namely “iDarshan”.

    Shemaroo’s key strengths include an established brand name; vast, diverse and growing Content Library; diversified distribution platforms; de-risked business model; experienced directors and management team; and strong relationships in the industry. Shemaroo’s overall strategy is structured around its Content Library and its successful exploitation to ensure that it can be monetized through diversified platforms on a worldwide basis and designed to address predictability, scalability and sustainability, ultimately resulting in profitability.”

     

  • Hathway launches ‘Hathway CCC Cine Channel’

    Hathway launches ‘Hathway CCC Cine Channel’

    MUMBAI: Hathway Cable & Datacom today announced the launch of ‘Hathway CCC Cine Channel’ on its all India distribution network.

     

    Hathway CCC Cine channel will showcase the best of Bollywood content. The channel will be part of the existing base pack and customers will enjoy premium Bollywood content at no additional cost.

     

    The move is a part of Hathway’s commitment towards bringing compelling content to its consumers in India.

     

    Hathway CCC Cine channel’s library has premium movies from all the major studios including Shemaroo, Yashraj and Eros.

     

    In addition to Hathway CCC Cine channel, Hathway will be soon launching many more channels covering genres like general entertainment, kids, music, regional movies, lifestyle and adventure.

     

    Hathway content business AVP Amit Dave said, “We are delighted in our ongoing endeavor of delivering premium content to our discerning customers.”

     

    The newly launched channel will be available on channel number 110 in Hyderabad, channel number 309 in Bangalore and channel number 112 in the rest of India.

  • Shemaroo signs a deal with Jadoo TV

    Shemaroo signs a deal with Jadoo TV

    MUMBAI: Pearl Media Group Ltd (PMG) has closed an international distribution deal for Bollywood films with Shemaroo Entertainment Limited – one of the largest content houses of India.

    Shemaroo is known for its strength in content aggregation and distribution in the industry across multiple platforms including new media and broadcast television among others.

    PMG content acquisition and distribution, co-founder & VP Sumit Ahuja said, “We‘re excited about partnering with established distribution brand names like Shemaroo who have been leaders in bringing content to the digital space. Access to their large array of high quality content, allows us to offer our customers the best selection of Bollywood films in the market.”

    “Consumers today want on-demand access to content across multiple devices. Our tie up with PMG‘s leading edge OTT platform JadooPLUS is a step in that direction. We will offer JadooPLUS customers easy and legal access to high quality south Asian content across the globe. Consumers can choose from a wide array of films that range from the latest Bollywood hits like Dirty Picture, Kya Superkool Hain Hum and I M 24 to classics like Mughal-E-Azam, Khuda Gawah, Kaalia and Shiva” said Shemaroo Entertainment director Jai Maroo.

    Through this deal, Shemaroo‘s content will be offered on PMG‘s premium OTT entertainment service, JadooPLUS. The service consists of live TV and on-demand content offerings, targeting south Asian expatriates worldwide via connected devices such as smart TVs, PCs and Macs, tablets, set-top boxes, gaming consoles and mobile devices.

  • Madhuri Dixit and Naseeruddin Shah rejoice their journey in Bollywood with 101 Silver Screen Stars at the set of Dedh Ishqiya

    Madhuri Dixit and Naseeruddin Shah rejoice their journey in Bollywood with 101 Silver Screen Stars at the set of Dedh Ishqiya

    Mumbai: The “ek, do, teen girl” – Madhuri Dixit rejoices her journey in the bollywood with 101 Silver Screen Stars along with Naseeruddin Shah one of the veteran of the Indian film industry.

    At the sets of forthcoming flick “Dedh Ishqiya”, the duo relived their journey in the bollywood when they were gifted a pack of 101 Silver Screen Stars – a mini encyclopedia by Shemaroo. 101 Silver Screen Stars treasures the journey of 101 stars from the galaxy of Bollywood. This audio-visual treat on the life journeys of 101 popular Hindi film heroes and heroines is not merely a compilation but a well-researched Collector’s Edition with interesting anecdotes; more than 550 song clips and 101 full-length songs.

    Madhuri Dixit, the actress expresses herself on the occasion, “Presently, the Celebrations of 100 Years of Indian Cinema are in full swing. All of us have very interesting and distinct memories of the Celluloid world. It is such a sweet gesture on the part of Shemaroo Entertainment to have remembered 101 Superstars of all times who have made these 100 years memorable. I too feel privileged to be a part of these 101 stars and have loved the entire segment devoted to me. It was really wonderful re-living the subtle moments of my life like my love for the B&W CHHAYA GEET during my childhood etc. I wish to congratulate Shemaroo on its completion of 50 Golden years and for bringing out such a wonderful gift to celebrate 2 occasions – its own Golden Jubilee & the Centenary of Indian Cinema.” 

    The actor, Naseeruddin Shah shares his thoughts, “A wonderful effort and a different approach of paying tribute to Superstardom. A very interesting mix of actors & actresses. Would like to congratulate Shemaroo for this research-intensive product in their 50th Year. It has carved its own niche and managed to cut through the clutter surrounding the 100 years of cinema.”

     

  • “Indian TV programmes have widespread reach and appeal”: Zee TV’s global head syndication Sunita Uchil

    “Indian TV programmes have widespread reach and appeal”: Zee TV’s global head syndication Sunita Uchil

    For the worldwide television industry, Paris-based Reed Midem‘s MipCom and MipTV are akin to what the Festival de Cannes is for global cinema. Both MipTV and Mipcom attract more than 11,000 participants. Each sees the coming together of the world‘s brightest television, animation, format, and audiovisual content creators, buyers and sellers. An estimated one billion euro in transactions – in terms of sales and acquisition of TV shows, formats, feature film and documentary – is estimated to emanate from MipTV which is held in April and MipCom (held in October every year).

    While China, south Korea, Russia and Latin America have been growing by leaps and bounds in terms of programme syndication worldwide and their presence in Cannes‘ Palais des Festivals, India has been moving at a steady pace. At this year‘s MipTV close to 100 participants from India made their presence felt. Some exhibited, some came as buyers to pick up shows and formats, some did co-production deals and some came as sellers to hawk their TV shows and feature films. Viacom18, DQ Entertainment, Shemaroo, Eros, Verria, Maximus Multimedia, were among the big-name players who exhibited. But there were scores of others who came in as participants and bought and sold TV programmes, formats, films, and documentaries.

    The most prominent of the Indian exhibitors has been Zee TV. With an impressive location and display, the company has been a regular exhibitor at Mipcom and MipTV for the most part of this decade; and has been reaping the fruits of its continued participation in terms of growing syndication sales and building its brand globally.

    Indiantelevision.com spoke to Zee TV‘s global head syndication Sunita Uchil to know more about Indian programme syndication worldwide, India‘s presence at Mip, and the benefits that accrue to her company courtesy its Mip outings.

    Excerpts:

    Has demand for Indian content picked up? And what kind of content is attracting maximum attention?

    There definitely is an increasing demand for Indian ‘entertainment‘ content, especially genres such as family dramas, romance and non-fiction. Our syndication strategy (under the Zee Bollyworld umbrella) for the new show launches (Badalte Rishton Ki Dastaan, India‘s Best Dramebaaz, and now more recently DID Supermoms), has been developed keeping in mind the rapidly evolving industry where viewers can access content directly.

    How large is the Indian TV programme and film syndication market internationally? Can you give an estimate on its size? Is this growing and in which markets?

    I cannot comment on the film bit as of now, but Indian TV programs have a widespread reach and appeal. Currently it could be anywhere between US$25-$30mn. Yes, this figure is growing continuously. The recognition that Indian content receives at international markets such as MipTV and MipCom only shows that the demand is increasing globally. Content aggregators and distributors (Americas, Europe) have realised that their audiences are excited to understand more about Indian culture, cuisines, lifestyles etc; and will turn to other platforms like PPV, VOD to access this; with a shift from traditional viewing.

    Can Indian and international co-productions work? Which area – TV, cinema or animation?

    Definitely and in all three forms, Indian technology and skill are on a par with the western markets. We have seen the successful collaborations in the past few years. Growing trends like social media are bringing the world closer. Consumers are getting influenced and watching whatever their friends are watching rather than what the broadcasting networks are promoting.

    Zee Bollyworld itself is offering better customised services like dubbing and subtitling in foreign languages (in order to deliver a superior product) that truly makes it a one-stop shop for Indian entertainment the world over.

    MipTV & Mipcom India rep & indiantelevision.com‘s CEO Anil Wanvari alongside Zee TV‘s global syndication head Sunita Uchil

    How large was your delegation to MipTV this year? 

    We had representation from Europe, Africa, Asia Pacific and the Middle East region this year. Our teams are located in all these regions as well as in the USA now. Our strategy for gaining market intelligence has considerably improved. This has benefited in having a direct resource in the market with better client interaction taking place.

    ‘We are noticing a shift from consumption patterns- from traditional, DTH platforms to VOD, PPV mediums. The increasing importance of social media in influencing consumer tastes and the exposure of international lifestyles is creating a shift towards foreign content with the idea being to ‘try out new things’

    What was your objective from MipTV this year? How did you position yourself differently? Did you introduce any new products or offerings? How was the receptivity to it?

    Zee is the first to create a separate brand umbrella for trading and syndication. In 2012, we had mandated Mumbai based creative agency Young which had created the distinct Zee Bollyworld identity and this concept was well received within trade circles and has been a discernible differentiator for Zee at international content markets. At MipTV 2013, our objective was to leverage and build on this differentiator and to reinforce our positioning – ‘one stop shop for Indian entertainment content‘. We showcased our most successful properties and highlighted our dubbed content to clients.

    Any new ideas of trends you picked up this year from MipTV?

    We are noticing a shift from consumption patterns- from traditional, DTH platforms to VOD, PPV mediums. The increasing importance of social media in influencing consumer tastes and the exposure of international lifestyles is creating a shift towards foreign content with the idea being to ‘try out new things.’

  • Focus creates online edutainment platform for kids

    Focus creates online edutainment platform for kids

    MUMBAI: While kids are increasingly spending time online there aren‘t many platforms that offer content tailor made for them. It is to fill in this need gap that advertising and digital media agency Focus Circle Group is looking to fill.

    Focus has launched Worldoo (worldoo.com), a unique platform that offers a blend of entertainment and education from the most popular content from a kid‘s world of interest, through an interactive experience.

    Worldoo, according to Focus, is an ‘Ever-evolving Online Ecosystem‘ for kids in the 6-12 age bracket. The aim of Worldoo is to offer kids an interactive experience.

    Worldoo has around 16 content partners including ZeeQ, Cartoon Network, Shemaroo, Sony Pictures and National Geographic. Kids can consume the content from their world of interests and earn virtual currency (Stars) by doing so. Stars are earned depending on the amount of content they consume.

    Focus Circle Group MD Monish Ghatalia reveals that the site took two and a half years to create. The company has invested Rs 90 million and is hoping to achieve a break-even in three years.

    “Our promise is to deliver something new, always. So far 600 kids have registered. We have invested Rs. 90 million and expect to breakeven within three years. We have a revenue sharing arrangement deal with our content partners for ads. Worldoo is an audience focused engagement platform for brands on the internet. With conventional activation mediums, it is challenging for brands to reach out to a large chunk of target audiences at a single point, and even more difficult to sustain the engagement,” he explains.

    Ghatalia adds, “We are confident that Worldoo will provide an edge for brands, to engage with the right target audience. It offers the right platform for brands to achieve much more than just impressions and clicks. Worldoo creates engaging experiences for kids as it offers activities, interaction and content, all in one place. Our aim in doing content deals was to have content that imparts both excitement and education, all in a single platform.”

    There are seven content sources (landmarks) in the site including Game Den that has games segmented by genre. Companies like ZeeQ and Cartoon Network have their own landmark within Worldoo.

    Ghatalia adds that the second phase for the company starts in a few months time. That is when it will look to be available on digital devices like the mobile as well. It will also have regional content. By the end of the year it could have 50 content partners. “We are looking to create content on our end as well. There will be comics, stories, games. The vision for us is long term and we want to touch upon diverse aspects that concern kids.”

    Turner International India VP ad sales South Asia Juhi Ravindranath commenting on the content partnership with Worldoo said, “At Turner, our aim has always been to push the boundaries and deliver innovative and entertaining content/experience across various platforms. Worldoo is a unique idea and we are happy to partner with Focus in a bid to create the right brand experience for consumers.”

    ZeeQ programming head Aparna Bhosle noted that technology is central to consumption of content. “content consumption is becoming increasingly multi-platform. TV, internet and the mobile phone should together allow greater opportunities to watch your favourite show at any time in any place and on any device. It is keeping this in mind that ZeeQ are excited about partnering with an innovative concept like Worldoo. It is a mechanism through which our shows can be sampled via the internet.”

    Shedding light on the ad strategy Worldoo head experience and brand Harsh Wardhan Dave said, “Advertising for kids online has always been restricted to banners, contest pages, micro sites. There is no innovation in this space in terms of customer engagement. The launch of Worldoo is a very proud moment for us, as we fill this gap for brands to think out of the box and create a real life engagement with kids through our digital platform. With all of this we are about digital engagement and not just digital marketing.”

    He adds that since Worldoo has a blend of social and engagement, brands can live with kids in Worldoo. Kids can follow brands, make friends with them, get tips from brands etc. Also creatively, they can seamlessly become a part of a user‘s journey as the brand can be present while kids spend their time in their world. For example a breakfast brand can place a bowl of cereals in a Kids Home at Worldoo or a car brand can be driving through the roads of Worldoo and more such tailor made innovations.”

    He added that the aim of Worldoo is to reassure parents who are unsure of what their kids are looking at online. “The pre-launch research conducted by IMRB gave us immense confidence that what we are creating is the need of the hour. Kids research told us liked the website as they get so many things in it. They are excited about the various types of games that are there. According to mothers the site has everything that a child needs and so there is no need for their children to go anywhere else. Mothers also feel that it the site is good as only kids will be there.

    “So children will interact with other children of their age. Mothers also feel that the point system will give children some business sense, about how to earn for themselves and then spend wisely. 1/3rd of mothers feel that the site is for 13-15 year olds. More than 80 per cent of mothers surveyed feel that Worldoo is an edutainment site. Our research also showed that Google is favourite site for kids followed by Cartoon Network, Facebook, Yahoo and National Geographic”.

    What is interesting about this survey is that two iconic kids brands Disney and Nickelodeon both ranked below National Geographic.

    The content that Worldoo offers includes:
    – Games from miniclip, the gamebox, zapak.
    – Cartoons from Cartoon Network and Chota Bheem
    – Animals and Environment and Conservation from National Geographic and JeffCorwinConnect.
    – Movies and Trailers from Warner Bros., Shemaroo, Sony Pictures, Reliance Big Flix.
    – Edutainment from ZeeQ,
    – Books and Comics include Amar Chitra Katha, Crosswords, Landmark, Dreamland, Britanica Books, Robinage, Champak.
    – International destination includes Sentosa.

  • Shemaroo releases Oscar nominated Delhi Safari on home video

    Shemaroo releases Oscar nominated Delhi Safari on home video

    MUMBAI: Shemaroo Entertainment has released Delhi Safari, a fun 3D animation film for kids, on DVDs and VCDs.

    Delhi Safari got shortlisted in Oscars in the Best Song list. Other than this, it won award for the Best Film in the animation category at Screen and Best Feature Film award at Ficci Frames 2012.

    Shemaroo said the DVDs of Delhi Safari are priced at Rs 199 and VCDs at Rs 99.

    The story of the film revolves around a handful of animals who set off on a journey to Delhi, the capital of India. As the concrete jungle of Mumbai rapidly eats into its forests, Sultan, the leader of the leopards, is killed. A motley crew of animals decide to do something about it. Bajrangi, the militant monkey, Bagga, the hugging bear, Begum, the protective leopardess and her cub Yuvi set off on a journey to Delhi to appeal to the government – but not before they kidnap Alex, the crazy parrot who can speak like a human being.

    What follows is a series of developments before they reach Delhi. And then the climax unfolds.

  • Shemaroo bags Maharashtra Govt’s digital restoration job

    Shemaroo bags Maharashtra Govt’s digital restoration job

    MUMBAI: Leading content owner and distributor, Shemaroo Entertainment Ltd, has won a contract to digitally restore Maharashtra government’s 4,000 minutes of content.

    According to the agreement, the company would have to restore many short films and documentaries of the state government from negative/print.

    Observed Shemaroo Entertainment director Hiren Gada, “We are honoured to get an opportunity to serve the Govt. of Maharashtra and digitally restore many of its films and documentaries. The process will enable us to save a large pie of content from getting lost.”

    It may be noted that Shemaroo set up its in-house state-of-the-art digital post-production studio in 2001. Shemaroo has restored films like Mohabbatein, Veer Zaara, Anand, Chupke Chupke, Kaajal, Mahaan, Mera Gaon Mera Desh and Deewaar among others.

  • Major film production houses for Mumbai film fest

    Major film production houses for Mumbai film fest

    MUMBAI: The Mumbai Film Mart (MFM) will be held from October 15 to 17 under the aegis of the Mumbai Film Festival.

    With a special focus this year on the growing non-traditional markets for Indian films in China, Korea, Japan, Europe and Latin America, senior executives from IM Global (USA), Rapid Eye (Germany), Novo Films (France), Metropolitan (France), Top Films (CIS), Showbox (Korea), Nikkatsu (Japan), Happinet (Japan), Pioniwa (Japan) among others will attend the MFM.

    Leading personalities from a majority of leading Indian production companies, broadcasters, home video, buyers, sellers, exhibitors like Yash Raj Films, Reliance Entertainment, UTV Motion Pictures, Eros International, Balaji Motion Pictures, Viacom 18 Motion Pictures, PVR Pictures, Cinemax, Shemaroo, Cinergy, Shreya Entertainment, Superfine Films, A.P International and Magna Home Video among many others will also be in attendance at the MFM.

    The MFM will also provide a platform to acquire some of the outstanding films being screened at the 13th Mumbai Film Festival. Direct contact will be established with the World Sales Agents from companies like Wild Bunch, Match Factory, Films Boutique, Films Distribution, Beta Film, Elephant Eye Films, Memento Films, Norwegian Film Institute, Swedish Film Institute, Urban Distribution, Bavaria Film, Terramedia Online, Kinology, to name a few who are keen to entice Indian audiences with their line-up of stellar film titles.

    Said film producer and vice president Film & TV producers Guild Mukesh Bhatt, “Mumbai Film Festival is a very important festival for one simple reason this platform is created by people who are committed to the world of entertainment. Organizations such as – Film and TV Guild of India, Exporters Association and Reliance Entertainment at the helm of the Mumbai Film Mart will create the magic of a festival with business in tow which I feel is most apt.”