ITV

Tag: Sun TV

  • Sun TV third quarter of 2017 numbers up

    BENGALURU: Sun TV Network Limited (Sun TV) reported improved numbers across all important parameters for the quarter ended 30 December 2016 (Q3-17, current quarter) as compared to the corresponding year ago quarter (Q3-16). The board of directors have declared an interim dividend of Rs 5 per equity share of Rs 5 each (100 percent) for the financial year 2016-17.

    Sun TV reported 2.8 percent higher year-over-year (y-o-y) revenue in the current quarter at Rs 589.43 crore as compared to Rs 573.24 crore in Q3-16.

    Revenue growth in Q3-17 was led by a 16.8 percent y-o-y increase in subscription revenue at Rs 241.94 crore from Rs 207.16 crore.

    The company’s Profit after tax or PAT in Q3-17 improved 11 percent y-o-y to Rs 240.09 crore (40.7 percent margin) as compared to Rs 216.33 crore (37.7 percent margin) in Q3-16.

    Sun TV EBIDTA in the current quarter was Rs 439.73 crore (74.6 percent EBIDTA margin), almost flat (0.6 percent higher) as compared to Rs 437.29 crore (76.3 percent EBIDTA margin) in Q3-16.

    Total Expenditure (TE) in the current quarter decreased 3.8 percent y-o-y to Rs 260.39 crore (44.2 percent of TIO) as compared to Rs 270.70 crore (47.2 percent of TIO) in the corresponding quarter of the previous year.

    Employee Remuneration and Benefits Expense (EBE) in Q3-17 increased 1.3 percent y-o-y to Rs 59.86 crore (10.2 percent of TIO) as compared to Rs 59.21 crore (10.3 percent of TIO) in Q3-16.

    Other expenses (OE) in the Q3-17 was 2.6 percent lower at Rs 36.06 crore (6.1 percent of TIO) as compared to Rs 37.04 crore (6.5 percent of TIO) in the corresponding quarter of the previous year.

    IPL Franchisee Sun Risers Hyderabad

    Sun TV has paid franchisee fees for its IPL team SunRisers Hyderabad (SRH) of Rs 85.48 crore in Q1-17 as compared to Rs 85.05 crore in the first quarter of FY-16.

    The results of the nine month period ended 31 December 2016 (9M-17) include IPL revenue of Rs 143.90 crore as compared to Rs 96.96 crore in 9M-16 and costs of Rs 175.11 crore and Rs 153.21 crore for 9M-17 and 9M-16 respectively.

    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.

  • Sun TV to air Nandini on four GEC channels

    Sun TV to air Nandini on four GEC channels

    MUMBAI: Sun TV Network is set to launch its magnum opus fiction Nandini on all its four south Indian GEC channels, namely — Sun TV, Gemini TV, Udaya TV and Surya TV from 23 January.

    The show is scheduled from Monday – Friday at 8.30 pm time band for Udaya TV while the similar show will be aired at 9pm time slot from Monday to Saturday on Sun TV. On Gemini TV it will aired from Monday to Saturday at 9pm and Monday to Friday on Surya TV.

    Produced and presented by the acclaimed Tamil film director Sundar. C Nandini is a supernatural fiction series.

    Nandini boasts of high end graphics and big scale production values that is sure to provide the viewers a wholesome entertainment.

    The story narrates the life of a family whose life is intertwined by supernatural species.

    The star cast includes Vijayakumar, Nithya Ram, Malavika, Ramesh Pandit, Gayathri Jayaram, Narasinha Raju to name a few.

  • Sun TV to air Nandini on four GEC channels

    Sun TV to air Nandini on four GEC channels

    MUMBAI: Sun TV Network is set to launch its magnum opus fiction Nandini on all its four south Indian GEC channels, namely — Sun TV, Gemini TV, Udaya TV and Surya TV from 23 January.

    The show is scheduled from Monday – Friday at 8.30 pm time band for Udaya TV while the similar show will be aired at 9pm time slot from Monday to Saturday on Sun TV. On Gemini TV it will aired from Monday to Saturday at 9pm and Monday to Friday on Surya TV.

    Produced and presented by the acclaimed Tamil film director Sundar. C Nandini is a supernatural fiction series.

    Nandini boasts of high end graphics and big scale production values that is sure to provide the viewers a wholesome entertainment.

    The story narrates the life of a family whose life is intertwined by supernatural species.

    The star cast includes Vijayakumar, Nithya Ram, Malavika, Ramesh Pandit, Gayathri Jayaram, Narasinha Raju to name a few.

  • Sun TV retains leadership across genres in BARC week 1

    Sun TV retains leadership across genres in BARC week 1

    MUMBAI: Sun TV continued to be the undisputed leader across genres as recorded in the beginning of the year 2017. Star Plus emerged as the first runner-up in the race. From the FTA family, Rishtey managed to maintain the fifth slot, according to the Broadcast Audience Research Council (BARC) India ratings of week 1.

    Sun TV garnered the first spot with 1282328 Impressions (000s) followed by Star Plus in the second position with 758437 Impressions (000s). Colors in the third place also witnessed a rise with 719050 Impressions (000s) and Gemini TV stood on number four with 547809 Impressions (000s)

    FTA channel Rishtey stood at the fifth spot with 500604 Impressions (000s) followed by ETV Telugu with 461904 Impressions (000s) on sixth. Zee TV on number seven with 458511 Impressions (000s). Sony Entertainment Television with 440835 Impressions (000s) grabbed the eighth slot across genre.

    Zee Telugu with 424755 Impressiosn (000s) and Maa TV bagged ninth and tenth spot with 424755 Impressions (000s) and 410624 (000s), respectively.

  • Sun TV retains leadership across genres in BARC week 1

    Sun TV retains leadership across genres in BARC week 1

    MUMBAI: Sun TV continued to be the undisputed leader across genres as recorded in the beginning of the year 2017. Star Plus emerged as the first runner-up in the race. From the FTA family, Rishtey managed to maintain the fifth slot, according to the Broadcast Audience Research Council (BARC) India ratings of week 1.

    Sun TV garnered the first spot with 1282328 Impressions (000s) followed by Star Plus in the second position with 758437 Impressions (000s). Colors in the third place also witnessed a rise with 719050 Impressions (000s) and Gemini TV stood on number four with 547809 Impressions (000s)

    FTA channel Rishtey stood at the fifth spot with 500604 Impressions (000s) followed by ETV Telugu with 461904 Impressions (000s) on sixth. Zee TV on number seven with 458511 Impressions (000s). Sony Entertainment Television with 440835 Impressions (000s) grabbed the eighth slot across genre.

    Zee Telugu with 424755 Impressiosn (000s) and Maa TV bagged ninth and tenth spot with 424755 Impressions (000s) and 410624 (000s), respectively.

  • Sun TV security clearance review sought; two channels’ cancellation stayed

    Sun TV security clearance review sought; two channels’ cancellation stayed

    NEW DELHI: A review has been sought by the information and broadcasting ministry from the home ministry about security clearance to Sun TV Network Ltd in view of the amended guidelines of that ministry. Union minister M Venkaiah Naidu told the Parliament yesterday that no reply had been received so far from the home ministry.

    However, he said renewal of permission has been granted to the channels which have been given security clearance. Of the 33 TV channels of M/s Sun TV Network Ltd., four TV channels are due for renewal of permission after 10 years. To a question, he said no case was pending in any court against any of the 33 channels.

    Naidu said in reply to a question that the Ministry had issued show-cause notices to nine companies having 26 TV channels after denial of security clearance by MHA.

    These include six channels of Positive TV Private Ltd, five channels of Mahua Media Pvt Ltd, four channels of Maa Television,four channels of STV Enterprises Ltd; two channels of Lemon Entertainment Ltd, Permission was cancelled in all these cases. One channel each of Indira TV Ltd, Madhyamam Broadcasting Ltd, and Lamhas Entertainment Ltd were refused permission but the ministry is considering their replies.

    Meanwhile, the cancellation of two channels of Entertainment Television Network Pvt. Ltd was challenged in court of law, and has been stayed.

    The Minister said in reply to another question that the Ministry was not aware of any such other seven similarly placed companies having 23 TV channels.

  • Sun TV security clearance review sought; two channels’ cancellation stayed

    Sun TV security clearance review sought; two channels’ cancellation stayed

    NEW DELHI: A review has been sought by the information and broadcasting ministry from the home ministry about security clearance to Sun TV Network Ltd in view of the amended guidelines of that ministry. Union minister M Venkaiah Naidu told the Parliament yesterday that no reply had been received so far from the home ministry.

    However, he said renewal of permission has been granted to the channels which have been given security clearance. Of the 33 TV channels of M/s Sun TV Network Ltd., four TV channels are due for renewal of permission after 10 years. To a question, he said no case was pending in any court against any of the 33 channels.

    Naidu said in reply to a question that the Ministry had issued show-cause notices to nine companies having 26 TV channels after denial of security clearance by MHA.

    These include six channels of Positive TV Private Ltd, five channels of Mahua Media Pvt Ltd, four channels of Maa Television,four channels of STV Enterprises Ltd; two channels of Lemon Entertainment Ltd, Permission was cancelled in all these cases. One channel each of Indira TV Ltd, Madhyamam Broadcasting Ltd, and Lamhas Entertainment Ltd were refused permission but the ministry is considering their replies.

    Meanwhile, the cancellation of two channels of Entertainment Television Network Pvt. Ltd was challenged in court of law, and has been stayed.

    The Minister said in reply to another question that the Ministry was not aware of any such other seven similarly placed companies having 23 TV channels.

  • Balaji to invest Rs 200 cr in ALT, launch in Jan ’17

    Balaji to invest Rs 200 cr in ALT, launch in Jan ’17

    MUMBAI: Balaji Telfilms’ new venture, ALT Digital, which was earlier planned to be launched in October, has been pushed to January 2017. At present, Balaji is not actively involved with programme production. In future, it plans to launch eight shows. January–March cycle is a good time for ALT launch, the management of Ekta Kapoor’s company feels.

    Balaji Telefilms raised Rs 150 crore through preferential allotment of equity shares at Rs 140 each to select global investors such as Atyant Capital India Fund – I, Vanderbilt University, GHI LTP Ltd, GHI HSP Ltd and GHI ERP Ltd. The amount has already been capitalised. So far, Balaji spent Rs 10 crore, but the real expense would start from January when it would deliver content, Balaji Telefilms group CEO Sameer Nair said while speaking to CNBC-TV18.

    The total outlay for ALT would be about Rs 200 crore in which Balaji would invest Rs 65 crore, Nair said.

    Nair said it was looking to expanding in various regions in India. Balaji Telefilms will look to air new shows on Sony, Sun TV and Doordarshan. It had been doing shows across the channels, and it was the absolute leader in the TV business. It does not have a show on Sony, and that was an opportunity, Nair said. They were also producing shows for Colors. Balaji was also looking at the DD slot policy, he said, adding that they would be bidding for a few slots there. In main GEC business, Balaji was doing good, he said.

    After reporting a loss of Rs 28 crore as compared to profit after tax (PAT) of Rs 3.92 crore for the corresponding year-ago quarter, Balaji is planning to launch 8-10 shows by FY17-end. Both, television and film segment released a weak set of numbers at Balaji this financial year. Nair said that the new shows have a much lower margin.

    Nair said that they look at TV and films numbers separately, and if one sees the TV business year on year, it actually grew on a half-yearly basis. There were new shows that would come on board, so as one could compare it with last year when they had six shows, and they were going to do 10 shows.

    Balaji released Great Grand Masti and collections were significantly affected due to piracy of the movie ahead of its theatrical release. When it came to film business, of course there had been a disappointment and, the current quarter saw the full impact of unfortunate incidents that happened with Balaji; Grand Masti ‘leaked’ 21 days before the theatrical release. Therefore, Grand Mastii and Flying Jat didn’t do well which reflected in the current quarter, Nair said.

    About the TV business, Nair said that television business worked on a revolving quarter. There was a reduced margin in the quarter when a show was launched. So, it was ideal to analysed the TV business on annual basis.

    Balaji’s plan was to get next releases of movies in the next fiscal year, he said, adding that its film business would likely book profit in FY18. On an annual basis, because Balaji was opening at 20-25 per cent, the gross margin would go up by 35 per cent, Nair said. On an annual basis, he said, Balaji could grow by about 20 per cent year on year. From the revenue point of view, that might be little lower because of other income which would be lower this year, he added.

  • Balaji to invest Rs 200 cr in ALT, launch in Jan ’17

    Balaji to invest Rs 200 cr in ALT, launch in Jan ’17

    MUMBAI: Balaji Telfilms’ new venture, ALT Digital, which was earlier planned to be launched in October, has been pushed to January 2017. At present, Balaji is not actively involved with programme production. In future, it plans to launch eight shows. January–March cycle is a good time for ALT launch, the management of Ekta Kapoor’s company feels.

    Balaji Telefilms raised Rs 150 crore through preferential allotment of equity shares at Rs 140 each to select global investors such as Atyant Capital India Fund – I, Vanderbilt University, GHI LTP Ltd, GHI HSP Ltd and GHI ERP Ltd. The amount has already been capitalised. So far, Balaji spent Rs 10 crore, but the real expense would start from January when it would deliver content, Balaji Telefilms group CEO Sameer Nair said while speaking to CNBC-TV18.

    The total outlay for ALT would be about Rs 200 crore in which Balaji would invest Rs 65 crore, Nair said.

    Nair said it was looking to expanding in various regions in India. Balaji Telefilms will look to air new shows on Sony, Sun TV and Doordarshan. It had been doing shows across the channels, and it was the absolute leader in the TV business. It does not have a show on Sony, and that was an opportunity, Nair said. They were also producing shows for Colors. Balaji was also looking at the DD slot policy, he said, adding that they would be bidding for a few slots there. In main GEC business, Balaji was doing good, he said.

    After reporting a loss of Rs 28 crore as compared to profit after tax (PAT) of Rs 3.92 crore for the corresponding year-ago quarter, Balaji is planning to launch 8-10 shows by FY17-end. Both, television and film segment released a weak set of numbers at Balaji this financial year. Nair said that the new shows have a much lower margin.

    Nair said that they look at TV and films numbers separately, and if one sees the TV business year on year, it actually grew on a half-yearly basis. There were new shows that would come on board, so as one could compare it with last year when they had six shows, and they were going to do 10 shows.

    Balaji released Great Grand Masti and collections were significantly affected due to piracy of the movie ahead of its theatrical release. When it came to film business, of course there had been a disappointment and, the current quarter saw the full impact of unfortunate incidents that happened with Balaji; Grand Masti ‘leaked’ 21 days before the theatrical release. Therefore, Grand Mastii and Flying Jat didn’t do well which reflected in the current quarter, Nair said.

    About the TV business, Nair said that television business worked on a revolving quarter. There was a reduced margin in the quarter when a show was launched. So, it was ideal to analysed the TV business on annual basis.

    Balaji’s plan was to get next releases of movies in the next fiscal year, he said, adding that its film business would likely book profit in FY18. On an annual basis, because Balaji was opening at 20-25 per cent, the gross margin would go up by 35 per cent, Nair said. On an annual basis, he said, Balaji could grow by about 20 per cent year on year. From the revenue point of view, that might be little lower because of other income which would be lower this year, he added.

  • Sun TV posts improved y-o-y numbers for Q2-17

    Sun TV posts improved y-o-y numbers for Q2-17

    BENGALURU: Sun TV Network Limited (Sun TV) reported improved numbers across all important parameters for the quarter ended 30 September 2016 (Q2-17, current quarter) as compared to the corresponding year ago quarter (Q2-16).

    Sun TV reported 10.4 per cent higher year-over-year (y-o-y) revenue in the current quarter at Rs 625.49 crore as compared to Rs 567.55 crore in Q2-16.

    Revenue growth in Q2-17 was led by a 17 per cent y-o-y increase in subscription revenue at Rs 228.55 crore from Rs 195.32 crore, and a two per cent y-o-y increase in advertisement revenue at Rs 309.43 crore as compared to Rs 302.93 crore.

    The company’s Profit after tax or PAT improved 21.7 per cent y-o-y to Rs 270.35 crore (43.2 per cent margin) as compared to Rs 222.07 crore (39.1 per cent margin).

    Sun TV EBIDTA in the current quarter was Rs 466.32 crore (74.6 per cent EBIDTA margin), 8.3 per cent higher as compared to Rs 430.52 crore (75.9 per cent EBIDTA margin) in Q2-16.

    Total Expenditure (TE) in the current quarter increased 3 per cent to Rs 262.20 crore (41.9 per cent of TIO) as compared to Rs 254.61 crore (44.9 per cent of TIO) in the corresponding quarter of the previous year.

    Employee Remuneration and Benefits Expense (EBE) in Q2-17 increased 21.2 per cent to Rs 71.83 crore (11.5 per cent of TIO) as compared to Rs 59.27 crore (10.4 per cent of TIO) in Q2-16.

    Other expenses (OE) in the Q1-17 was 9.7 per cent higher at Rs 36.01 crore (5.8 per cent of TIO) as compared to Rs 32.83 crore (5.8 per cent of TIO) in the corresponding quarter of the previous year.

    IPL Franchisee Sun Risers Hyderabad

    Sun TV has paid franchisee fees for its IPL team SunRisers Hyderabad (SRH) of Rs 85.48 crore in Q1-17 as compared to Rs 85.05 crore in the first quarter of FY-16.

    The results of the half year ended 30 September 2016 (HY1-17) include IPL revenue of Rs 143.90 crore as compared to Rs 96.5 crore in HY1-16 and expenses of Rs 175.02 crore and Rs 143.25 crore for HY1-17 and HY-16 respectively.

    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.