ITV

Tag: TV today

  • Q2-2014: TV Today reports Rs 12.83 cr as compared to loss in Q2-2013

    Q2-2014: TV Today reports Rs 12.83 cr as compared to loss in Q2-2013

    BENGALURU: TV Today Network Limited (TV Today) reported a PAT of Rs 12.83 crore for Q2-2014 as compared to a loss of Rs (-9.15) crore in Q2-2013. PAT for Q2-2014 was 0.7 per cent higher than the Rs 11.98 crore for Q1-2014.

    Its radio segment reported improved performance with a 27 per cent lower segment loss of Rs (-2.02) crore for Q2-2014, as compared to the Rs (-2.76) crore for Q2-2013 and 13.3 per cent lower loss as compared to the loss of Rs (-2.33) crore for Q1-2014.

    Let us look at the other results for Q2-2014 filed by TV Today

    Presently, TV Today runs four 24 hours news and current affairs channels, namely Aaj Tak, Dilli Aaj Tak and Tez in Hindi and Headlines Today in English.

  • Association for International Broadcasting announces the shortlist for the 2013 AIBs

    Association for International Broadcasting announces the shortlist for the 2013 AIBs

    MUMBAI:  The Association for International Broadcasting (AIB) has announced the shortlisted entries for the 2013 AIBs, its annual awards celebrating the best in international factual broadcasting. Drawn from nearly 300 entries submitted by TV and radio broadcasters, content producers and broadcasting technology companies throughout the world, the lists for each of the 18 awards showcase the best broadcasts, personalities and enabling technology over the last year.

    “We are delighted that the AIBs have attracted more broadcasters and independent producers from more countries than ever before” said Simon Spanswick, CEO of the AIB. “The short list demonstrates the continuing impact of broadcasting across the globe and how broadcasters search for the truth behind stories and provide context in a relevant way to viewers and listeners worldwide. Many entries also show how evolving technology is allowing TV, radio and transmedia programmes to reach out and involve the audience in new ways.”

    Amitabh Srivastava, Regional Head of the AIB in South Asia added “The inclusion of NDTV, TV18 and TV Today entries in 4 different categories demonstrates the increasing worldwide impact of Indian broadcasting and how South Asian media is ready to compete globally. The AIB is committed to give opportunities to regions to come together on global platforms to showcase their programming. “

    The shortlist will be judged by a panel of over 50 leading and independent media professionals and senior broadcasting executives drawn from all over the world. Their independent votes will determine the best in each category based on quality, innovation and impact.

    The winners of the awards will then be announced at a gala dinner in London on Wednesday 6 November attended by media executives, producers, journalists and editors from all over the world.

  • BARC meets industry in Kolkata; suggests third vendor

    BARC meets industry in Kolkata; suggests third vendor

    KOLKATA: The Broadcast Audience Research Council (BARC) has clarified that its technical committee’s evaluation panel plans to appoint three vendors (read three, not two as reported by us on 7 August (Evaluation of RFPs for BARC to be held from 14 August). The first is the technical partner, the second is the panel management partner and the third will conduct the establishment study for the proposed new television ratings system. BARC has announced that the new TV ratings systems should start spewing out viewership ratings by May or June of 2014. The committee, as reported earlier by indiantelevision.com, had earlier accepted applications from 27 organisations, of the 32 RFP responses that it had received.

     

    Once the new TV ratings system is in place, the industry body will also float another tender for a fourth vendor for taking up quality and analytics studies.

     

    BARC TechComm member Paritosh Joshi made this clarification at the third of its open houses held in Kolkata on Thursday.

     

    20 professionals representing broadcasters, advertisers and agencies attended the meet hosted in which BARC shared the progress it has made so far. Zee Entertainment Enterprises, Havas Media, Zee Media, BPN India and TV Today were amongst the media companies that turned up in the Kolkata leg of BARC’s national city roadshow exercise to connect with industry. BARC CEO Partho Dasgupta and vice president Mubin Khan were also present to interact with industry.

     

    “The priority for now is getting the best and biggest vendors. We are currently ensuring that metering, establishment and technology contracts are well managed,” says Dasgupta.

     

    The fourth vendor for quality and analysis will take time and Joshi said BARC might get into the selection process in November.

     

    Havas Media senior general manger Raj Dutta, who was a part of the roadshow says, “I was expecting something new. Things were presented in a sketchy format. There is not much clarity about the rural audience. However with different organisations engaged in the measurement system, there would be complete transparency.”

     

    BPN India executive vice president Mahesh Motwani added, “Given the technological advances, the time was right for this initiative. It will map the diverse and rapidly changing Indian media landscape and provide a deeper connect and understanding of the consumer to Indian television.”

     

    Regional broadcasters have for long been pushing for an independent audience measurement system. “This will help them improve their bottom-line, going forward,” say media analysts. “With robust measurement and data, all genres and languages can expect a boost as far as media planners understanding of consumption of their content is concerned.”

  • TV Today Q1-2014 PAT almost doubles Q4-2013; Radio shows improved results

    TV Today Q1-2014 PAT almost doubles Q4-2013; Radio shows improved results

    BENGALURU: Indian broadcaster TV Today Network Limited (TV Today) reported a PAT of Rs 11.98 crore for Q1-2013, almost double (88.5 per cent higher) than the Rs 6.36 crore profit for Q4-2013. The company had reported a loss of Rs 0.35 crore for Q1-2013.

    Its FM Radio Broadcasting segment (radio) showed improved performance in Q1-2014 as compared to Q1-2013 and Q4-2013. Loss from the radio segment of Rs 2.33 crore was about half (51.2 per cent) of Rs 4.54 crore in Q1-2013 and 15 per cent lower than the loss of Rs 2.74 crore in Q4-2013. Revenue from radio in Q1-2014 at Rs 3.02 crore was higher by 36.6 per cent as compared to the Rs 2.21 crore in Q1-2013 and 14.1 per cent higher than the Rs 2.64 crore in Q4-2013.

    Let us take a look at TV Today‘s other results for Q1-2014

    TV Today‘s net income from operations for Q1-2014 at Rs 88.90 crore increased 25.8 per cent as compared to the Rs 70.64 crore for Q1-2013 and was 5.5 per cent higher than the Rs 84.27 crore for Q4-2013.

    Its profit from operations before other income, finance costs and exceptional items in Q1-2014 at Rs 17.62 crore almost trebled (was 276 per cent up) as compared to the profit of Rs 6.38 crore for Q4-2013. The company had reported a loss from operations before other income, finance costs and exceptional items of Rs 0.49 crore for Q1-2013.

    Exceptional items included the Rs 1.57 crore the company had paid in Q1-2013 to Prasar Bharti and BSNL under protest towards telecast fee and interest thereon (Rs 0.8001 crore) and monitoring charges for foreign satellite (Rs 0.7691 crore) respectively in respect of earlier years

    TV Today‘s overall expense for Q1-2014 was almost flat at Rs 71.27 crore as compared to the Rs 71.13 crore for Q1-2013 and 8.5 per cent lower than the Rs 77.89 crore for Q4-2013.

    The network spent Rs 9.03 crore in Q1-2014 towards production cost, 13 per cent lower than the Rs 10.38 crore for Q4-2013, but 3.8 per cent more than the Rs 8.71 crore for Q1-2013.

    TV Today‘s advertisement, distribution and sales expense at Rs 19.7 crore for Q1-2014 was lower by 9.7 per cent as compared to the Rs 21.81 crore in Q1-2013 and 14.1 per cent lower than the Rs 22.93 crore in Q4-2013.

    TV Today‘s Television broadcasting revenue for Q1-2014 at Rs 85.89 crore was higher by 25.5 per cent as compared to the Rs 68.44 crore for Q1-2013 and 5.2 per cent more than the Rs 81.63 crore for Q4-2013.

    It‘s Television Broadcasting business had a PBIT (Profit before interest and tax) of Rs 21.18 crore for Q1-2014 was almost five times (4.98 times) the Rs4.25 crore for Q1-2013 and was 81.1 per cent higher as compared to the Rs 11.69 crore for Q4-2013.

    TV Today has made a strategic investment of Rs 45.52 crore in Mail Today Newspapers Pvt. Ltd. (Mail Today) for entering into print media. Though Mail Today is in the initail stages of operation and is presently incurring losses, the company is confident of its profitability and consequently of the carrying value of the investment.

    To click here to view the TV Today Financials Report

  • TV Today Q1-2014 PAT almost doubles Q4-2013; Radio shows improved results

    TV Today Q1-2014 PAT almost doubles Q4-2013; Radio shows improved results

    BENGALURU: Indian broadcaster TV Today Network Limited (TV Today) reported a PAT of Rs 11.98 crore for Q1-2013, almost double (88.5 per cent higher) than the Rs 6.36 crore profit for Q4-2013. The company had reported a loss of Rs 0.35 crore for Q1-2013.

     

    Its FM Radio Broadcasting segment (radio) showed improved performance in Q1-2014 as compared to Q1-2013 and Q4-2013. Loss from the radio segment of Rs 2.33 crore was about half (51.2 per cent) of Rs 4.54 crore in Q1-2013 and 15 per cent lower than the loss of Rs 2.74 crore in Q4-2013. Revenue from radio in Q1-2014 at Rs 3.02 crore was higher by 36.6 per cent as compared to the Rs 2.21 crore in Q1-2013 and 14.1 per cent higher than the Rs 2.64 crore in Q4-2013.

     

    Let us take a look at TV Today’s other results for Q1-2014

     

    TV Today’s net income from operations for Q1-2014 at Rs 88.90 crore increased 25.8 per cent as compared to the Rs 70.64 crore for Q1-2013 and was 5.5 per cent higher than the Rs 84.27 crore for Q4-2013.

     

    Its profit from operations before other income, finance costs and exceptional items in Q1-2014 at Rs 17.62 crore almost trebled (was 276 per cent up) as compared to the profit of Rs 6.38 crore for Q4-2013. The company had reported a loss from operations before other income, finance costs and exceptional items of Rs 0.49 crore for Q1-2013.

     

    Exceptional items included the Rs 1.57 crore the company had paid in Q1-2013 to Prasar Bharti and BSNL under protest towards telecast fee and interest thereon (Rs 0.8001 crore) and monitoring charges for foreign satellite (Rs 0.7691 crore) respectively in respect of earlier years

     

    TV Today’s overall expense for Q1-2014 was almost flat at Rs 71.27 crore as compared to the Rs 71.13 crore for Q1-2013 and 8.5 per cent lower than the Rs 77.89 crore for Q4-2013.

     

    The network spent Rs 9.03 crore in Q1-2014 towards production cost, 13 per cent lower than the Rs 10.38 crore for Q4-2013, but 3.8 per cent more than the Rs 8.71 crore for Q1-2013.

     

    TV Today’s advertisement, distribution and sales expense at Rs 19.7 crore for Q1-2014 was lower by 9.7 per cent as compared to the Rs 21.81 crore in Q1-2013 and 14.1 per cent lower than the Rs 22.93 crore in Q4-2013.

     

    TV Today’s Television broadcasting revenue for Q1-2014 at Rs 85.89 crore was higher by 25.5 per cent as compared to the Rs 68.44 crore for Q1-2013 and 5.2 per cent more than the Rs 81.63 crore for Q4-2013.

     

    It’s Television Broadcasting business had a PBIT (Profit before interest and tax) of Rs 21.18 crore for Q1-2014 was almost five times (4.98 times) the Rs4.25 crore for Q1-2013 and was 81.1 per cent higher as compared to the Rs 11.69 crore for Q4-2013.

     

    TV Today has made a strategic investment of Rs 45.52 crore in Mail Today Newspapers Pvt. Ltd. (Mail Today) for entering into print media. Though Mail Today is in the initail stages of operation and is presently incurring losses, the company is confident of its profitability and consequently of the carrying value of the investment.

  • Sorbojeet Chatterjee quits Neo Sports to join DNA

    MUMBAI: Sorbojeet Chatterjee who was working with Neo Sports Broadcast as vice president-marketing has quit the company to join DNA at the same designation.

    Chatterjee‘s last day at Neo was 14 September and he is joining the English daily on 20 September.

    He will report to DNA CEO K.U. Rao.

    Chatterjee had joined Neo Sports Broadcast in July 2011. Prior to joining Neo, he worked with TV Today for over four years.

  • Q1: TV Today’s news biz sees small dip in rev & 3.8% fall in operating profit

    Q1: TV Today’s news biz sees small dip in rev & 3.8% fall in operating profit

    MUMBAI: TV Today, which runs a clutch of news channels including flagship Aaj Tak and Headlines Today, has seen a marginal dip in its fiscal-first quarter revenue from the television broadcasting segment while operating profit has slipped 3.84 per cent over the year-ago period.

    Revenue from the television broadcasting segment fell marginally to Rs 684.35 million for the three months ended 30 June 2012, from Rs 690 million a year earlier.

    The television broadcasting’s profit before tax and interest dropped to Rs 42.54 million compared to Rs 44.24 million a year ago.

    TV Today runs a four-channel bouquet comprising English news channel Headlines Today, Hindi news channels Aaj Tak and Tez, and regional channel Delhi Aaj Tak.

    The company’s overall net loss for the first quarter ended 30 June has widened 24.36 per cent to Rs 3.5 million from Rs 2.82 million a year ago.

    Income from operations during the quarter remained flat at Rs 705.74 million, from Rs 703.53 million a year ago. Its total income stood at Rs 706.43 million compared to Rs 703.94 million.

    Expenses during the quarter remained under control at Rs 711.34 million, a marginal decrease from Rs 713.34 million.

    TV Today’s FM radio broadcasting segment posted revenue of Rs 22 million, up from Rs 13.90 million a year ago.

    The radio broadcasting business reported a loss before tax and interest of Rs 45.44 million from Rs 47.71 million a year earlier.

    TV Today said it has made a strategic investment of Rs 455.2 million in Mail Today Newspapers for entering into print media.

    While conceding that Mail Today was incurring losses and is in early stages of operations, the company said it was confident of future profitability of the newspaper business.

  • QW Naqvi bids adieu to TV Today

    QW Naqvi bids adieu to TV Today

    MUMBAI: Veteran journalist has decided to bid adieu to TV Today Network where he was working as news director.

    Naqvi, 58, had rejoined TV Today Network in 2004 February and was responsible for successfully launching Tez and Dilli Aaj Tak.

    “I have decided to take retirement from the company, my last day at TV Today is 31 May,” Naqvi told Indiantelevision.com.

    Queried about his future plans, Naqvi said he hasn’t decided anything yet.

    Naqvi has straddled the world of print and television media for the last 30 years bringing a wealth of experience and expertise to bear through his grasp and understanding of news. Starting as a trainee journalist with the Nav Bharat Times Mumbai, he later moved to Nav Bharat Times Lucknow.

    By the mid-eighties, he had moved to Kolkata as the Chief Reporter in the Hindi weekly Ravivaar, covering the north-east extensively. A year later he was part of the core team that launched a new product Chauthi Duniya.

    In the late eighties, he returned to Nav Bharat Times in Lucknow and by 1993, he joined Nav Bharat Times Jaipur as Editorial Head. In June 1995, he joined TV Today Network as Associate Editor and he was the one who proposed the name Aaj Tak which has since become a generic name for news television in India.

    As a reporter, he has done several landmark stories, widely travelling across the country and working in different and diverse socio-economic and geographical landscapes, such as Kolkata, Lucknow, Delhi, Mumbai and Jaipur. He has worked with three of the largest media houses of the country – Bennett Coleman, Anand Bazar Patrika and Living Media Group.

  • TV Today Q4 net skids 22.8% to Rs 73.3 mn

    TV Today Q4 net skids 22.8% to Rs 73.3 mn

    MUMBAI: TV Today Network, which runs leading Hindi news channel Aaj Tak, has posted a net profit of Rs 73.33 million for the three-month period ended 31 March 2012.

    The net profit of the company slumped by 22.83 per cent, from Rs 95.03 million a year ago.

    TVTN’s income from operations stood at Rs 883.60 million, up 4.82 per cent from Rs 842.95 million in the year-ago period.

    Meanwhile, expenses grew 6.53 per cent to Rs 783.28 million, from Rs 735.25 million in the same period a year ago.

    The income generated by the TV Broadcast segment stood at Rs 857.5 million (compared to Rs 825.91 million in Q4 FY’11), while operating profit from the segment was at Rs 159.58 million, down from Rs 180.12 million.

    Meanwhile, the radio segment revenue jumped to Rs 27.08 million, from Rs 17.56 million. The operating loss from the segment also came down to Rs 44.56 million (from Rs 50.47 million year ago).

    Full fiscal performance

    For the full fiscal ended 31 March, TV Today has posted a net profit of Rs 105.24 million, down from Rs 124.24 million in the previous fiscal.

    Revenue during the fiscal went up marginally to Rs 3.08 billion, compared to Rs 2.93 billion, while expenses also grew to Rs 2.96 billion, from Rs 2.83 billion.

    The revenue and operating profit from the TV broadcasting segment in FY’12 stood at Rs 3 billion and Rs 342.19 million respectively.

    The radio division posted a revenue of Rs 80.85 million and an operating loss of Rs 185.86 million during the fiscal.

  • TV Today scrip up 15% on market buzz of Birla Group taking stake in promoter company

    TV Today scrip up 15% on market buzz of Birla Group taking stake in promoter company

    MUMBAI: TV Today Network shares Monday climbed 15.23 per cent on the market buzz that Aditya Birla Group is picking up 25 per cent stake in Living Media India (India Today Group), the Indian media conglomerate that holds interests in magazines, television, radio, printing and the Internet.

    Shares of TV Today Network, which runs a clutch of news channels including Aaj Tak and Headlines Today, closed at Rs 68.10 on the BSE.

    Indiantelevision.com could not verify the news. Senior officials of the company, including CEO Ashish Bagga, could not be reached.

    LMI owns 57.1 per cent stake in TV Today Network, according to data available till 31 December 2011.

    NDTV shares also got a lift, climbing 9.4 per cent to close at Rs 48.90.

    The BSE Sensex shed 1.51 per cent, or 264 points to close Monday at 17,222.14 due to banks, metals and capital goods stocks.