ITV

Tag: Sun TV

  • Sumangali Cable refused licence by MIB

    Sumangali Cable refused licence by MIB

    NEW DELHI: Kalanidhi Maran owned Sumangali Cable Vision has been asked to stop distributing signals in Chennai.

     

    The Information and Broadcasting Ministry has asked the multi system operator (MSO) which is part of Kal Media Services founded by the Maran family, to wind up its business in 15 days.

     

    A note on the Ministry website said Kal Media Services had been denied permission on 20 August due to denial of security clearance by the Home Ministry.

     

    Permanent licence had earlier been issued for 10 years on 19 June 2012 for Chennai Metropolitan area and provisional given on 7 March last year for phase II cites.

     

    It is learnt that the Ministry has asked Sumangali to run a scroll on its channels asking subscribers to switch to other MSOs.

     

    While the Ministry refused to comment on this development, a source from Sun TV which forms part of the group denied that this had anything to do with any familial dispute between the Maran brothers.

     

    The Ministry had last month announced that 16 MSOs which had provisional permissions had been denied permanent licences. These refused permission includes: Skynet Digital Services, Jai Maa Vaishno Entertainment, Intermedia Cable Communications, Supersonic Networks and Godfather Communications. Thus Sumangali run by Kal Media makes the seventeenth MSO denied permission.

  • Dubbed ‘Fear Factor’ will sell: SJ Clement

    Dubbed ‘Fear Factor’ will sell: SJ Clement

    MUMBAI: The land which sleeps, eats and breathes action has another reason to jump with joy.

     

    Sun Network has decided to treat its viewers to high octane visuals in the form of the popular Hindi show Fear Factor: Khatron Ke Khiladi.

     

    The show will be dubbed in Tamil, Telugu and Malayalam; the one hour episodes will be aired on its general entertainment channels (GECs). Dhil Dhil Dhil- Fear Factor will air on Sundays at 12 pm on Sun TV starting 29 June, Fear factor: Sahasa Veerulu- Veelu Denikaina Ready will be telecast on Gemini TV, Monday to Thursday at 9:30 pm from 23 June and Sahasigam- Fear Factor can be caught on Surya TV, Thursday and Friday at 8 pm.

     

    Sun TV Network programming head for GEC channels SJ Clement says that the network is confident on garnering audiences from the show. “Immaterial of being dubbed content, it is the gut-wrenching action/adventure that the viewer wants and through the show we are giving them that entertainment,” he says dismissing any concerns related to the content being dubbed.

     

    The only channel excluded from the dubbed version is the Kannada channel, Udaya TV. As a rule in the state, no dubbed content can be aired on any channel.

     

    Agreeing on it, says DDB MudraMax AVP and head of south Anil Sathiraju, “Just as how dubbed south Indian movies work well on Hindi channels, the same can be said about the reverse. People have accepted dubbed content because of the novelty factor in it. Advertisers will also be keen on the show.”

     

    Seasons 1, 2, 4 and 5 will be shown continuously till the entire stock is exhausted. Season 3 has been excluded since it had Priyanka Chopra as host and to keep the continuity of Akshay Kumar as anchor the decision was taken. However, it will slowly move on to the season 5 which had Rohit Shetty as the host.

     

    “However, the effect Akshay and Rohit will have on the audiences will surely vary as Rohit is more popular down south,” adds Sathiraju.

     

    The network however is not looking at recreating the show for the southern market anytime soon. The reason behind so is the high budget that needs to be pumped into creating one. Says Clement, “It is an expensive show. If this works, we shall certainly go in for producing the show in the respective languages.”

     

    A cross channel promotional activity is planned along with radio spots and selected outdoor campaign. Digital activity through Facebook, Youtube, Twitter and Google+ is also in the pipeline.

     

    Talks are currently on with sponsors and advertisers for the adventure show.

  • Sun TV Network signs ‘pay per view’ deal with iTunes and YouTube

    Sun TV Network signs ‘pay per view’ deal with iTunes and YouTube

    MUMBAI: In a major initiative, the south Indian broadcasting giant Sun TV has signed a mega deal with YouTube and iTunes to monetise its vast content libraries. The group’s proprietary content will be available to people across the globe on a ‘pay per view’ basis.

     

    “Sun TV has a wide ranging repertoire of content, with its channels offering almost every genre of entertainment with the exception of sports and business news,” Sun TV group CFO SL Narayanan told indiantelevision.com. He also added that a total of more than 25,000 hours of content would be available for viewing on both the platforms.

     

    In a growing internet world, Sun TV is looking at creating a mark for itself through its variety of programming.

     

    “This initiative positions Sun TV very well and much ahead of the shifts anticipated in buyer behavior with regard to consumption of entertainment services. More and more people are accessing content through mobile devices while on the move and over the internet. We believe that the revenues from these new formats could accelerate rapidly once smart phone penetration picks up in India,” says Narayanan.

     

    Apart from these two distribution platforms, Sun TV has also inked a deal with Mumbai based Purple IFE to license its popular Tamil, Kannada, Malayalam and Telugu programmes as in-flight entertainment on leading airlines such as Emirates, Singapore Airlines, Air India, Etihad, Jet Airways, Oman Air, British Airways, Cathay Pacific, Gulf Air and Qatar Airways.

     

    The broadcaster says these airlines carry a lot of south Indians who would consume its content.

     

    According to industry sources, the network would be looking at making approximately Rs 15 to Rs 20 crore through both the deals depending upon the kind of content that it offers to viewers  and its currency.

     

    “What’s called as catch up TV – which is episodes being uploaded as soon as they go on air – has good revenue generating potential as compared to catalogue content which adds to the volumes,” says a media observer. “Many of the TV shows are available on torrent sites online at no cost, which viewers download and watch. Sun TV can optimise its revenues on Youtube if it can attract viewers to its legitimate content – and away from these torrent sites.”

  • Raj TV Telugu COO Swapna Sundari moves to Sun Group

    Raj TV Telugu COO Swapna Sundari moves to Sun Group

    MUMBAI: She is one of the leading ladies in the Telugu news market and not to forget a classical singer as well. After a three month stint at Raj TV Network as its Telugu market COO, Swapna Sundari has decided to shift to the popular Kalanidhi Maran run giant Sun Group.

     

    She joined as a consultant for the Sun group yesterday and viewers of leading Telugu GEC Gemini TV will be able to catch her every night at 10:30 pm on its new show Newsroom. The show will be a political discussion that has been timed to suit the election mood in the country. “Sun is a wonderful group to work with. The assignments are exciting and since elections are soon approaching it will be enriching to work during this time,” says Swapna.

     

    Her decision to leave the company comes in the wake of Raj TV Network’s delay in relaunching its Telugu bunch of channels. Although the network targets a March relaunch, Swapna has decided to focus on the upcoming election season through the new show on Gemini TV. The show, she adds, may stick around even after the elections are done.

     

    The strategy to place the news show at a late night slot on a GEC is a strategic move by the Sun group to get viewers hooked to it. Gemini TV also claims to have the best distribution in Andhra Pradesh.

     

    Prior to Raj TV, Swapna was executive editor at Sakshi TV. Apart from this, she has also worked with TV9 and Reliance ADAG’s FM department.

  • Q3: Digitisation boosts broadcasters’ revenues

    Q3: Digitisation boosts broadcasters’ revenues

    MUMBAI: Digitisation of cable TV services in major cities has helped broadcasters improve their income from subscriptions in the third quarter ended 31 December, 2013, but the cap on advertising has hit some of them badly as the regulation got implemented at the beginning of the quarter.

     

    The advertising revenues of the industry rose by about 10 per cent in the third quarter, largely on account of robust growth at general entertainment channels (GECs), according to analysts.

     

    ADVERTISING REVENUE

     

    Sun TV saw its advertising revenue fall 7.2 per cent on year to Rs 272 crore in the third quarter, as the cap on advertising hurt the leading television network from south India. The fall in Sun TV’s advertising revenue was despite an increase in advertising rates, analysts said.

     

    GroupM’s Senior Director, Analytics, Central Trading Group, Harsh Deep Chhabra, says news channels are expected to take a bigger hit than the GECs because of the ad cap. While the impact of the advertising cap on news channel could be as high as up to 35 per cent, it could be 10-15 per cent on GECs.

     

    Zee Entertainment Enterprises’ ex-sports advertisement revenue growth was more than 20 per cent year on year, due to gains in market shares and launch of new channels.

     

    Barring the short-term impact of reduction in advertising inventory, advertising spends on television are expected to grow in healthy double digits over the next many years, according to Zee Entertainment Managing Director and Chief Executive Officer, Punit Goenka.

     

    The advertising revenue growth at Zee Media, which has a group of general and business news channels, was 3.1 per cent at Rs 61.39 crore in the third quarter, against its subscription revenue growth of 21.6% at Rs 270 crore.

     

    The third quarter had seen relaunch of Zee News channel with refreshed programming and look.

     

    TV18 Broadcast’s consolidated advertising revenues grew 3 per cent year on year, as entertainment channels led by Colors and MTV delivered strong double digit advertising revenue growth. Advertising environment for news and infotainment continued to be sluggish.

     

    In the first half of 2013-14 too, advertising revenues at TV18 Broadcast had grown by 3 per cent year on year, with the advertising revenues at Colors growing by more than 15 per cent.

     

    SUBSCRIPTION REVENUE

     

    Sun TV’s subscription revenues rose 27% year on year to Rs 167 crore in the third quarter, basically driven by a 45.9% increase in analogue subscription revenue and a 19.6% rise in direct-to-home subscription revenue. The company expects robust growth in subscription revenue to continue as the full benefits of phase I and Phase II digitisation of cable TV are yet to be reflected as Chennai and Coimbatore are yet to be fully digitised.

     

    The Chennai-based broadcaster’s operating profit margin came under pressure because of higher cost of content, in addition to a decline in advertising revenue.  Multiple non-fiction shows telecast during the quarter led to a 428 basis points year-on-year contraction in operating margin to 73.6%, according to a results update by Angel Broking.

     

    It said Sun TV management expects content cost to go down in the next quarter as no non-fiction shows are planned to be telecast in the fourth quarter of 2013-14.

     

    TV18’s net distribution income (subscription revenues minus carriage/placement fees) continued to grow steadily. In the third quarter, the net distribution income was  Rs 43.6 crore, a growth of 145 per cent year on year.

     

    Zee Entertainment’s subscription revenues were up 11.4 per cent year on year to Rs 456.50 crore in the third quarter. The company’s domestic subscription revenues grew by 12.2 per cent year on year to Rs 332.20 crore in the third quarter.

     

    ZEE Media’s subscription revenue was up 21.6 per cent year on year at Rs 270 crore in the third quarter.

     

    New Delhi Television did not provide a break-up of its revenues from its broadcast operations. The news broadcaster said its Hindi news business remains buoyant with NDTV India reporting robust revenue growth. NDTV only said its revenues from broadcast operations in the third quarter were up 22 per cent year on year at Rs 131.02 crore.

     

    B.A.G. Films & Media reported improved a 29.1 per cent year on year rise in operating revenue to Rs 23.60 crore in the third quarter. The break-up of the revenue was not available.

     

    OPERATING PERFORMANCE:

     

    TV18 Broadcast reported its highest ever quarterly operating profit at Rs 77.5 crore, up 61 per cent year on year. Its net distribution income continued to grow steadily. In the third quarter, the net distribution income was  Rs 43.6 crore, a growth of 145 per cent year on year.

     

    On a proforma basis, including the results of ETV Entertainment, TV18 Broadcast’s operating profit was Rs 108.1 crore. ETV Entertainment reported a sharp reduction in losses compared to the previous two quarters as programming and marketing investments made in the first half led to an upswing in ratings and revenues.

     

    NDTV’s reported Rs 3.29 crore of operating profit in the third quarter against an operating loss of Rs 1.98 crore a year ago.

     

    B.A.G. Films too had an operating profit (of Rs 8.56 crore) in the third quarter against operating loss of Rs 1.51 crore a year earlier.

     

    Zee Entertainment’s operating profit in the third quarter was Rs 290.70 crore, up 11.3 per cent despite operating profit margin contracting to 24.5 per cent from 27.8 per cent a year ago.

     

    Sun TV’s operating profit fell 1.1 per cent year on year to Rs 372 crore in the third quarter, as its revenues were impacted by fall in advertising revenue and increase in content cost due to reality shows.

  • Q3-2014: Sun TV ad, subs revenue up; declares 3rd interim dividend

    Q3-2014: Sun TV ad, subs revenue up; declares 3rd interim dividend

    BENGALURU: Sun TV Network Limited (Sun TV) has declared sunny results once again for Q3-2014. The company says that its q-o-q Ad revenue grew by 17 per cent in Q3-2014. Sun TV says that during the quarter, Subscription revenue from cable and DTH digitisation momentum with a sustained growth of approximately 27 per cent y-o-y at Rs 167.12 crore as compared to the Rs 131.27 crore. It says further that its international subscription revenue grew by 29 per cent as compared to the same period of last year.

     

    The company’s board of directors has declared an interim dividend of Rs 2.50 per share (50 per cent). This is in addition to the interim dividend of Rs 2.25 per share (45 per cent) and Rs 2.50 per share (50 per cent) declared at the Board meetings held on 02 August, 2013 and 8 November, 2013 respectively.

     

    PAT for Q3-2014 grew 9.83 per cent to Rs 185.79 crore from Rs 169.16 crore in the immediate trailing quarter, but was 2.15 per cent lower y-o-y than the Rs 189.88 crore in Q3-2013. It’s YTD PAT grew 2.68 per cent to Rs 519.39 crore from Rs 505.84 crore in the corresponding period of last fiscal. During FY-2014, the company reported a PAT of Rs 683.34 crore.

     

    Let us look at the other Q3-2014 results reported by Sun TV

     

    Sun TV reported 8.99 per cent higher q-o-q operating revenue for Q3-2014 at Rs 503.84 crore and hence crossed the Rs 500 crore per quarter revenue mark for the first time. Its Q2-2014 operating revenue was Rs 466.41 crore and Q3-2013 operating revenue was Rs 48.86 crore – comparatively the current quarter’s operating revenue was higher by 4.63 per cent. For the nine month period ended 31 December, 2013, Sun TV reported 17.22 per cent growth to Rs 1576.60 crore from Rs 1344.95 crore in the corresponding period of last year.

     

    Sun TV’s Total Income at Rs 523.19 crore was 3.58 per cent more than the Rs 505.11 crore in Q2-2014 and 5.39 per cent more than the Rs 494.61 crore in Q3-2013. Its current year’s nine month total revenue was up 19.18 per cent to Rs 1642.64 crore as compared to the Rs 1378.34 crore reported in the corresponding nine month period of last fiscal.

     

    Sun TV’s total expense at Rs 242.38 crore in Q3-2014 was 1.59 per cent lower than the Rs 246.29 crore in Q2-2014 and 13.31 per cent more than the Rs 213.90 crore in Q3-2013. YTD, its total expense including Rs 85.05 crore towards IPL Franchise Fees at Rs 854.26 crore was 36 per cent more than the Rs 628.12 crore of the corresponding period of last year. Excluding IPL Franchise Fees (which is not a quarterly recurring expense, but an annual one), Sun TV’s total YTD expense at Rs 769.21 crore was 22.46 per cent more than the total expense for the corresponding nine month period of last year.

     

    Click below for:-

     

    Financials

     

    Earnings Release

     

  • South Indian GECs push fiction to include Saturday

    South Indian GECs push fiction to include Saturday

    Television viewing has always been about appointment viewing – catch up with your favourite shows on a particular day at a particular time.

    While airing fiction shows from Monday to Friday and comedy and movies over weekends has been somewhat the norm, a clutch of channels down South, particularly in Karnataka, has taken a shine to fiction shows spilling over to Saturdays as well.

    Asianet Suvarna, Star’s GEC channel in Karnataka, took this route about six months ago when it started airing fiction shows for six days a week.

    Star’s Malayalam GEC Asianet followed suit with a few prime-time fiction shows extended to Saturday.

    Recently, Sun TV, the Tamil GEC from the dominant Sun Network, joined the fray with its prime-time fiction shows replacing a movie and a game slot on Saturday.
    Not to be left behind, Sun Network’s Malayalam GEC Surya TV added Saturday to the telecast of the crime thriller Satyameva Jayate and its Kannada GEC Udaya TV also traversed the same path.

    So, what prompted these GECs to include Saturdays in their fiction line-up? Apparently, the channels believe airing soaps on a Saturday is more profitable as compared to airing movies, which they used to earlier. “Producing a half-an- hour fiction serial would mean investing about Rs 70,000 to Rs 80,000 whereas acquiring a movie would mean spending at least Rs 2-5 crore depending on the movie,” says Asianet Suvarna business head Anup Chandrashekaran.

    Another factor is that while Tamil Nadu is probably and arguably the best movie market in the south, the Karnataka film industry isn’t prospering too much, according to many channel executives. Hence, neither advertisers nor the revenue from Kannada movies is consistent as compared to that from shows. Again, movie repeats depend on the premiere performance. A good movie can fetch anywhere between Rs 40 lakh to Rs 60 lakh  as ad revenues from its first telecast. This means that for recovery it has to be telecast several times but repeats don’t get the same value.

    It also states that the number of films certified from Karnataka has dropped from 162 in 2008 to 128 in 2012. Whereas, the number of films certified from Tamil Nadu has grown from 175 to 262 in the same time span.

    A month ago, Zee Kannada too joined this elite club with fiction shows between 6:00 pm and 8:00 pm extended to Saturday. “Production of Kannada films has come down and for a movie to premiere on TV takes nearly a year unlike Bollywood where the gap between the theatre premiere and TV premiere is just two or three months,” says Zee Kannada nonfiction programming AVP Balaraj S.

    Balaraj says that Tamil Nadu and Andhra Pradesh are better off since movies do well there

    The Deloitte report also stated that though Tamil and Telugu films are adopting better technology to match Hollywood standards, the same is lacking in the other two markets.

    It also highlighted that since the beginning of this year, broadcasters in Karnataka and Kerala have become selective in acquiring rights of small budget movies due to the use of low quality digital cameras resulting in poor visual appeal on TV.

    ETV Kannada, which was the first GEC to extend its afternoon and evening fiction shows to Saturdays nearly two years ago, has seen better viewership since because most people are at home over the weekend.

    “It is a cost effective way of managing your Fixed Point Chart (FPC) or else you have to invest in movies or events. Fiction shows have appointment viewing and time spent on them is very high,” says Viacom 18 EVP and business head –Kannada, Bengali and Oriya- Ravish Kumar.

    For showcasing movies, the channel makes use of its existing bank rather than relying on new ones. Kumar believes that by the time the movie gets premiered on TV, the interest in it has already faded.

    Balaraj feels that the only good thing about premiering movies is a better sampling of viewers while Chandrasekharan says it is easier to get advertisers locked for six days rather than approach new ones every week for a Saturday.

    Ravish feels that having shows on Saturday gets more viewers due to it being a holiday for most

    So will this trend catch up with other states as well? Balaraj feels that it won’t affect Tamil Nadu and Andhra Pradesh since the film community there loves producing and audiences gorge on movies. New Generation Media Corporation CEO RBU Shyam Kumar, who heads newly-launched Tamil GEC Pudhu Yugam, feels it is too early to speculate. “A movie acquisition runs into crores of rupees and recovery time is long and most channels have a separate movie channel as well,” he says.

    While the Deloitte report said of the total revenue of Rs 2,680 crore from the South Indian film industry in FY 2013, the lowest was from Karnataka with just Rs 150 crore as compared to Rs 1,190 crore from Tamil Nadu and Rs 1150 crore from Andhra Pradesh, the silver lining is that the report also estimates that the Karnataka market is set to grow at a CAGR of 18 per cent by FY 2017 to reach Rs 250 crore, the highest of all four.

    TV advertising market in south India was pegged at Rs 4000 crore during FY 2013 with Karnataka contributing Rs 710 crore. So clearly, television stands at a better position than film.

    The media planners we spoke to feel that as long as serials get good viewership, brands won’t have any problem advertising for an extra day in the week and Saturday anyway gets better viewership since it is the beginning of the weekend.

    Be that as it may, the weekends look to have rung in the end of weak and expensive movies on TV in Karnataka, and the dawning of cheaper fiction shows. 

  • Police arrests journos, lets ‘gundas’ off the hook

    Police arrests journos, lets ‘gundas’ off the hook

    MUMBAI: At a time when rival television channels will stop at nothing to pip each other at the ratings’ post, here comes a heart-warming instance of foes coming together for a just cause.

     

    On 2 December, around 11.45pm, high drama unfolded outside the Maduravoyal police station in Chennai when over 200 media persons – including journalists and technicians from Captain TV (Tamil news channel) and its competitor channels, Sun TV and Pudhiya Thalamuria – gathered outside Maduravoyal police station to protest the attack on crew members of Captain TV by a group of people the same evening.

     

    The ‘Raasta Roko’ took a turn for the worse when instead of registering a complaint against the attackers, the police officials ended up arresting the protesters, who were released yesterday morning.

     

    Captain TV distribution manager Arun Kumar recalled the incident saying: “It all started when my crew was going to cover an event in the Anna Nagar West area and stopped at the nearby petrol pump to fill diesel around 7 in the morning. Thomson, a van driver, who came in later, picked up an argument with Suresh, driver of the bus transporting my crew, claiming that the latter had jumped queue and subsequently thrashed him.”

     

    “Later in the evening, Thomson saw my crew members and he came in with a bunch of 20-30 people and beat them very hard.” There were eight crew members including two drivers, two cameramen, two camera-stunts and two reporters including a lady reporter named N Lavanya; according to Kumar.

     

    Minutes after the thrashing, the crew members, along with some Captain TV employees, went to the Maduravoyal police station to file a case against these local gundas. However, the police station had a different agenda. “Police inspector Anand Babu refused to take the complaint. The reason being, the van driver who had beaten up the crew is the relative of a local politician from the ruling party. The entire police team is in their favour and not us. It’s simple: these local gundas bribe them and in return, the policemen protect them,” rues Kumar.

     

    As word spread about the police officials’ apathy, an infuriated media, including journalists from Captain TV’s rival channels, Sun TV and Pudhiya Thalamuria, as well as print journalists and members of the press club joined the protest. Other media houses such as Kalaignar TV, Public Television, Telegraph, Television Polymer, Times Now Television, New York Times, CNN, The Hindu, The Times of India and journalists from various magazines joined the protest.

     

    Notwithstanding all this fighting and protesting, the police officials arrested the entire group of protesters. “They arrested us – all 200 plus media people instead of arresting those local gundas. But today, the protest is going on in every district of Tamil Nadu,” says Kumar.

     

    The arrested persons were taken and kept throughout the night in K.V.T Mahal in Koyambedu and community hall in Aminjikarai in Chennai.
    At the time of writing this article, the policemen had still not filed any case against the attackers.

     

    “They are not filing the case against the attackers, rather they are filing cases against my people. But, we have told them to charge for attempt to murder and until then, we won’t sign any FIR. We are firm on this,” says a determined Kumar.

     

    Today, the news channel will be going to the commissioner to discuss the matter.

  • Now a talent show for the differently-abled

    Now a talent show for the differently-abled

    MUMBAI: There are reality shows and then there are reality shows. This one’s about celebrating differently-abled people and showcasing their talents to the rest of the world.

     

    Already on air, Champions will be telecast in all four South Indian languages – Tamil, Telugu, Malayalam and Kannada on the respective Sun GECs including Sun TV, Gemini TV, Surya TV and Udaya TV.

     

    The one-hour show will have four rounds where differently-abled people will display their talents such as singing, dancing, pantomime, martial arts, stand-up comedy, acrobatics, gymnastics and magic among others. Every second of every round will have a monetary value attached to it so that participants will take home some prize money, no matter which stage of the show they get eliminated at.

     

    Produced in-house, Champions has Aldam Jacob as its creative director along with individual directors for each of the four languages including Jeyakumar (Tamil), Saravanan (Telugu), Naufel (Malayalam) and Bhuvan Shastri (Kannada).

     

    The judges include Pattimandram Raja for Sun TV, Gauthami and Naga Babu for Gemini TV, Laxmi and MG Sreekumar for Surya TV, and Laxmi and Srinath for Udaya TV. While the anchors are: Tejeswani for Sun TV, Shamala and Abhinaya Krishna for Gemini TV, Deepa and Rahul for Surya TV, and Deepa and Anand for Udaya TV.

     

    Sun TV viewers can watch the 13-episode Champions on Sunday from 12:00 to 1:00 pm; Udaya TV viewers on Saturday from 7:30 to 8:30 pm; Surya TV viewers on Friday from 8.00 to 9.00 pm and Gemini TV viewers on Wednesday from 9:00 to 10:00pm.

     

    Exults Jacob: “Champions is the brain child of Sun Network chairman Kalanithi Maran. We want to make a positive impact in the lives of people who are physically challenged and celebrate them.”

     

    With SEC ABCDE 4+ as the TG, V Care and Dabur Vatika are the sponsors of Champions on Sun TV while the remaining three channels have Dabur Vatika as sponsor. Red FM, Suryan FM, Dinakaran and the whole of Sun Network has been roped in to promote the show. “We are also going seamlessly into season two,” Jacob rounds off.

     

    Whatever the audience reaction, Champions gets a loud hoot of approval from indiantelevision.com

  • Sun TV reports PAT of Rs 169.16 crore for Q2-2014; encores interim dividend

    Sun TV reports PAT of Rs 169.16 crore for Q2-2014; encores interim dividend

    BENGALURU: A media conglomerate with one of the largest Indian television networks, Sun TV Network Limited (Sun TV) reported a PAT of Rs 169.16 crore, up 11.5 per cent as compared to the PAT of Rs 151.65 crore for the corresponding quarter of last year (Q2-2013) and 2.9 per cent higher than the Rs 164.44 crore for the immediate preceding quarter, Q1-2014.

    Last quarter (Q1-2014), the board of directors of the company had declared an interim dividend of Rs 2.25 per share (45 per cent). This quarter the board has declared interim dividend of Rs 2.50 (50 per cent) per share of Rs 5 each.

    Let us look at the other Q2-2014 figures reported by Sun TV

    The company reported Rs 466.41 crore as income from operations for Q2-2014 up 7.6 per cent as compared to the Rs 433.34 crore for Q2-2013, and lower by 22.5 per cent as compared to the Rs 601.85 crore for Q1-2014. It must however be noted that Rs 98.54 crore revenue came from the company’s IPL franchisee Hyderabad Sunrisers in Q1-2013 as compared to the Rs 5.43 crore for Q2-2014.

    Sun TV reported a total turnover of Rs 504.21 crore for Q2-2013, up 13.8 per cent as compared to the Rs 44.95 crore for Q2-2013. The company had reported total turnover of Rs 615.24 crore including IPL Franchisee turnover for Q1-2014.

    Sun TV reported total expense of Rs 246.29 crore (NIL IPL franchisee fee) for Q2-2014, 12.9 per cent higher than the Rs 218.17 crore for Q2-2013, but 32.6 per cent lower than the Rs 365.59 crore (this includes IPL franchisee fee of Rs 85.05 crore) for Q1-2014. The expense of Rs 246.29 crore includes expense of Rs 8.51 crore of its Sunrisers Hyderabad IPL team.

    Of the major expense heads, Sun TV has reported Rs 48.27 crore as employee benefit expense for Q2-2014, as compared to the Rs 42.89 crore for the corresponding quarter last year and the Rs 44.21 crore for Q1-2014. Other expenditure at Rs 36.51 crore was almost a third more (32 per cent more) than the Rs 27.66 crore for Q2-2013 and less than half (49.4 per cent of) the Rs 73.94 crore for Q1-2014.

    The company has not reported the breakup of its revenue and expense as has been its norm in the past.