Management Discussion and Analysis

Total Page:16

File Type:pdf, Size:1020Kb

Management Discussion and Analysis ANNUAL REPORT 2017-18 EXPERIENCE THE EXTRAORDINARY MANAGEMENT DISCUSSION AND ANALYSIS Indian Macroeconomic Outlook India continues to be one of the fastest While the Indian economy has expanded others, suggests continued strength growing economies in the world. After the at an average annualized growth rate in discretionary spending. Private final temporary deceleration due to the impact of around 7% over the past several consumption is estimated to have of demonetisation and implementation years, there have been patches of grown at a CAGR of 7.0% over FY13-18 of Goods and Services Tax (GST), the slower growth in between. However, in real terms and 12.0% in nominal terms. recovery in economic growth is now largely consumption growth remained quite This, along with the trend of organized complete. It is estimated that GDP grew resilient throughout this period. High businesses gradually gaining market share at more than 7% in the second half of frequency data such as automobile sales, in various sectors, bodes well for growth fiscal 2018. During FY18, there were several air traffic, and credit offtake amongst in advertising spends. positive developments in the economy, which will further accelerate this growth over the next few years. The long-delayed India’s GDP growth Nominal growth in private GST was finally implemented and it will (GVA basis, %) final consumption (%) go a long way in improving the business environment in the country. Government’s FY15 7.2 FY14 15.3 focus on infrastructure development, banking reforms and affordable housing, FY16 8.1 FY15 11.9 amongst others, will support the growth in the medium term. Growth in some FY17 7.1 FY16 11.6 segments of the rural economy has been 11.3 slower in the recent past. However, forecast FY18 6.5 FY17 of a normal monsoon bodes well for the FY19 (E) 7.4 FY18 10.1 agriculture sector and would drive the rural consumption. Source: CSO and RBI Source: CSO India’s Media & Indian M&E Composition Entertainment Industry The Indian media and entertainment During the year, television increased its CY17 1% 15% (M&E) industry witnessed another year reach and engagement with the audience, `1,473 Billion of all-round growth. The pace of growth further enhancing its reputation as the 8% marginally accelerated in CY17, despite default entertainment medium. Print 11% 45% the lingering effect of demonetization and media continued to grow, albeit at a the impact of GST roll-out. According to slower pace, due to multiple headwinds the FICCI-EY Report 2018 (Report), M&E faced during the year. The movie industry 21% industry grew by 12.6% YoY in CY17, to surpassed all previous records riding `1,473 billion. Despite the strong growth on a strong performance at both the over the past several years, India’s per domestic and the international box office. CY20 (E) capita entertainment consumption is much Online video consumption continued its `2,032 Billion 18% lower than not only the developed markets exponential growth due to the increased 1% but also countries with similar income availability of affordable data and content levels. This provides a significant headroom on digital platforms. Following the auction 11% 42% for sustained growth driven by rising of Phase III licenses, FM radio expanded disposable incomes and increasing access into newer cities. Live Events growth was 9% to entertainment content. According to led by premium properties, activations, the Report, the Indian M&E industry is and sports events. 18% expected to grow at a CAGR of 11.3% to `2,032 billion over the next three years, driven by growth in all the segments. TV Print Films Digital Music Others Source: FICCI-EY M&E Report 2018 48 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS PAGE NO. :01-46 PAGE NO. :47-114 PAGE NO. :115-242 Content consumption is on a Growth in data consumption and time long-term growth path spent on television Globally, time and wallet share of leisure As the disposable income rises and 2500 250 activities has a positive correlation with per infrastructure improves further, the growth capita income. Leisure ranges from low- in content consumption could accelerate. 2000 220 involvement low-cost activities like listening Television is the default entertainment to music to an expensive foreign vacation. medium for a household and hence The choice of activity depends on several television penetration will continue to 1500 190 factors, but affordability and ease of access grow. The disparity in content consumption play a vital role. As compared to other forms between rural and urban areas visible today 1000 160 of recreation, content-based entertainment is primarily explained by the difference in scores high on both these factors. power availability. The government’s push to improve electrification of rural areas 500 130 In India, for most of the consumers, watching will help narrow the gap. In several local content on television has been the primary language markets, higher availability of 100 100 source of entertainment, and now digital content gave a fillip to consumption. This is also becoming relevant. Over the past trend will continue as more content is Mar-16 Mar-17 Sep-17 Dec-17 two and half decades, content availability produced in these languages. on television has exploded across genres, Data consumption (Bn MB per month) languages, and formats. This extensive Time spent on television (in minutes) range of content is accessible at an average Source: TRAI; BARC data monthly price of USD 3. Over the past Average Daily Time Spent on TV 18 months, digital has further widened (FY18, in mins) the content choice and availability, at an Advertising growth to affordable price. remain robust 261 India’s content consumption has been in a India’s advertising spends have been secular growth phase. Despite several years 219 growing at a healthy pace over the of growth, it still compares adversely with 207 past several years, driven by increasing developed as well as emerging markets. For urbanization, rising aspirations, and growth example, India’s television penetration is low in discretionary spends. However, the ad at around 64%. Online data usage in India has spends relative to the size of economy is increased by 15 times over the past two years, significantly low, highlighting the long-term but the total digital content consumption growth potential. There are several visible India Mega cities Rural India still pales in comparison with other countries. trends at work which will drive growth in ad spends. Firstly, even in well-penetrated Despite producing the maximum number Source: BARC data (wk’14 2017 – wk’13 2018); of movies every year, the size of the movie Mega cities refers to population above staple consumer goods, like shampoo and industry is small and cinema visits per adult 7.5 million detergent, India’s per capita consumption has room for growth. And, the market for is a fraction of other developing countries. ticketed live events is just opening up. Similarly, penetration of consumer durables Rising smartphone penetration, improving is low. As income rises, spends on consumer data network, and falling data tariffs have staples and discretionary products will added a new dimension to the growth of increase thereby driving ad spends. TV Penetration Comparison content consumption. In India, a television is shared by several people from different Japan 99.4% generations as more than 95% households Ad spends as % of GDP have a single TV. Mobile is fast becoming Australia 97.8% the second screen for many. Interestingly, 1.05% US 96.5% in India, television consumption has grown 0.95% alongside this multi-fold increase in digital 0.75% 0.70% UK 95.4% consumption, highlighting the growth 0.55% potential of the market. As India continues China 95.0% to see growth in discretionary spends, 0.38% entertainment consumption would be one Vietnam 88.8% of the key beneficiaries. Philippines 80.2% Pakistan 75.0% UK US Japan Brazil China India India 64.0% Source: WARC International Ad forecast Source: BARC, Casbaa, ContentAsia 49 ANNUAL REPORT 2017-18 EXPERIENCE THE EXTRAORDINARY Secondly, at present, consumer staples Lastly, alongside strong growth in Multiple growth drivers dominate ad spends in India. Sectors, such consumption, there are a few factors that as BFSI, healthcare, travel and leisure, do not would aid ad spends growth. Digital is for subscription contribute significantly to the advertising bringing small businesses, which found At an average ARPU of USD 3 per month, pie. The addressable market for these traditional media unaffordable, into the India ranks at the bottom in terms of cable services is limited currently. Consumption advertising net. By allowing a large number and satellite (C&S) subscription price. This of these services will increase as disposable of small advertisers to run campaigns, digital is even more stark given that a typical pay income crosses a certain threshold, is significantly expanding the ad market. TV subscriber receives around 100 pay encouraging them to spend more on Separately, organised businesses have been channels. The consumer APPU growth advertising. Incipient signs of the same are gaining market share across categories. As has trailed inflation over past two and already visible with increasing advertising these businesses rely on brands to drive half decades even as content choices for for financial savings products and diagnostic sales, they will continue to increase spends consumers multiplied across languages services. These categories emerging as large on advertising. These factors along with a and genres. The two prime factors that advertisers will provide the next leg strong macroeconomic growth will sustain explain low ARPUs in the country are, a of growth. the advertising growth in the medium to highly fragmented distribution industry long-term.
Recommended publications
  • Ticker 1843192 23/07/2009 Tickerplant Limited
    Trade Marks Journal No: 1980 , 28/12/2020 Class 36 TICKER 1843192 23/07/2009 TICKERPLANT LIMITED. FT TOWER, CTS NO. 256 AND 257, SUREN ROAD, CHAKALA, ANDHERI (EAST),MUMBAI-400093. SERVICE PROVIDERS AND MERCHANTS. A COMPANY REGISTERED IN INDIA. Address for service in India/Agents address: ARJUN T. BHAGAT & CO. 6/B SHAHEEN APARTMENT,132 / 1, MODI STREET, POST BOX NO. 1865, FORT, MUMBAI - 400 001. Used Since :01/07/2009 MUMBAI FINANCIAL SERVICES, FINANCIAL BROKERAGE SERVICES, FINANCIAL MANAGEMENT SERVICES, BANKING SERVICES, PAYMENT PROCESSING SERVICES, MAINTENANCE OF FINANCIAL RECORDS, ELECTRONIC FUNDS TRANSFER & CURRENCY EXCHANGE ELECTRONIC PAYMENT, FINANCIAL SERVICES PROVIDED OVER THE TELEPHONE, MOBILE & INTERNET OR OTHER ELECTRONIC MEANS IN THE FIELD OF COMMODITIES, EQUITY, FOREX & FINANCE, FINANCIAL SERVICES RELATING TO BANK CARDS, CREDIT CARDS, DEBIT PREPAID CARDS, CASH DISBURSEMENT, CHEQUE, FINANCIAL SERVICES FOR THE SUPPORT OF RETAIL/WHOLESALE, SERVICES PROVIDED THROUGH DIGITAL INFORMATION, PAYMENT TRANSACTION PROCESSING, AUTHENTICATION & VERIFICATION SERVICES, PAYMENT AUTHORIZATION & PAYMENT SETTLEMENT CREDIT & DEBIT CARD VERIFICATION ELECTRONIC BANKING SERVICES, ONLINE & HOME BANKING, MACHINE SERVICES, POINT OF SALE & POINT TRANSACTION FINANCIAL CLEARING, BILL PAYMENT SERVICES PROVIDED THROUGH A WEBSITE OVER THE INTERNET OR BY USE OF COMPUTER, PROVIDING MOBILE BASED FINANCIAL TRANSACTION SERVICES 6317 Trade Marks Journal No: 1980 , 28/12/2020 Class 36 2561273 08/07/2013 SUKHBIRSINGH ISHWARSINGH BAGGA SUKHMANI, 136-137, SUNRISE PARK, DRIVE-IN ROAD, AHMEDABAD, GUJARAT, INDIA. SERVICE PROVIDER AN INDIAN NATIONAL SOLE PROPRIETORSHIP FIRM Address for service in India/Agents address: J.T.TRIVEDI & ASSOCIATES. A-52, CAPITAL COMMERCIAL CENTRE, ASHRAM ROAD, AHMEDABAD-380 009. Used Since :01/04/2002 AHMEDABAD INSURANCE, FINANCIAL AFFAIRS, MONETARY AFFAIRS, REAL ESTATE AFFAIRS.
    [Show full text]
  • Sharpening Consumer Focus. Creating Extraordinary Experiences. ANNUAL REPORT 2019-20 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS PAGE NO
    Annual report 2019-20 Sharpening Consumer Focus. Creating Extraordinary Experiences. ANNUAL REPORT 2019-20 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS PAGE NO. :02-27 PAGE NO. :28-114 PAGE NO. :115-239 Entertainment has been an integral part of our lives, even before the evolution of concept of society. Though the form and shape of entertainment activities have changed drastically over time, at its core, entertainment serves to relieve the human life of the ennui which accompanies the monotony of the daily schedule. While our ancestors had to rely on themselves or their peers for their entertainment needs, the consumer of today is far more lucky. There is a surfeit of content choices available today and these options are available at the mere click of a button. The content preferences are evolving at an unprecedented pace, partially driven by this barrage of choices and innovations. Besides the ever-changing needs, every consumer is an amalgamation of different personalities, which define his content preference at a particular instant. An intensely personal experience such as entertainment needs to cater INDEX FINANCIAL to these different avatars. More importantly, given the unique nature and aspirations of different individuals, a one-size-fits-all approach to entertainment STATEMENTS cannot provide a fulfilling experience. Technology has added new facets to the process of understanding the consumer with tons of data that is now 03 available and serving the vast spectrum of their dynamic content needs. These factors have transformed the job of creating content experiences, making it easy and difficult at the same time. STANDALONE Independent Auditor’s Report 115 At ZEEL, ‘consumer-first’ is the mantra, to maintain focus on the most important aspect amidst all the pandemonium.
    [Show full text]
  • Rate Card Applicable for DTH Operators As Per The
    Rate Card applicable for DTH Operators as per the Telecommunication (Broadcasting and Cable) Services (Fourth) (Addressable Systems) Tariff Order, 2010 dated 21st July 2010 (“Tariff Order”) A-La-Carte Rates: Sr. Rate to Operator per No Channels Subscriber per Month (Rs) 1 STAR Plus 7.87 2 STAR Gold 7.42 3 STAR Movies 7.42 4 STAR World 2.05 5 NGC 2.58 6 Fox Traveller 1.98 7 Channel V 0.45 8 Vijay TV 1.80 (Rs. 5.30 for TN) 9 ABP News FTA 10 Zee TV 5.83 11 Zee Cinema 5.83 12 Cartoon Network 5.62 13 Zee Marathi 3.60 14 Zee News 3.37 15 CNN 0.67 16 Zee Café 3.60 17 Zee Studio 3.15 18 Zee Trendz 0.45 19 Zee Punjab Haryana Himachal 0.67 20 Zee Bangla 3.64 21 Fox Crime 6.51 22 Nat Geo Wild 6.72 23 Life OK (Erstwhile STAR ONE) Effective from 18th December, 2011 9.21 24 MGM 2.70 25 HBO 7.01 26 Pogo 5.62 27 Zee Business 2.16 28 WB 2.77 29 FX 6.51 30 Baby TV 5.57 31 Nat Geo People 6.72 32 Nat Geo Music 3.11 33 Zee Salaam 6.30 34 Zee Uttar Pradesh Uttarakhand ( erstwhile FTA Zee News Uttar Pradesh) Effective from 11th June, 2013 35 ETC Punjabi 4.04 36 ETC 1.35 37 Zing 2.25 38 Zee Jagran 0.90 39 ABP Ananda 2.52 40 Star Jalsha 5.04 41 Zee 24 Ghante 2.70 42 Zee Talkies 6.96 43 Zee 24 Taas 3.82 44 NDTV India 3.37 45 NDTV 24*7 3.82 46 NDTV Profit 2.70 47 NDTV Good Times 4.04 48 Star Pravah 5.04 49 ABP Majha (FTA to Pay w.e.f.
    [Show full text]
  • Management Discussion and ANALYSIS
    CORPORATE OVERVIEW OPERATIONAL OVERVIEW 72 BOARD AND MANAGEMENT REPORTS FINANCIAL STATEMENTS Management Discussion and ANALYSIS The figures have been stated in` /million in the MD&A for better readability. Investors are cautioned that this discussion contains forward-looking statements that involve risks and In FY2012, 10.5 million uncertainties including, but not limited to, risks inherent in the Company’s growth strategy, acquisition plans, dependence subscribers have adopted on certain businesses, dependence on availability of qualified and trained manpower and other factors. The satellite based television following discussion with the Company’s financial statements included herein and services via DTH, taking the notes thereto: OVERVIEW Zee Entertainment Enterprises Limited the gross DTH subscriber (ZEE) (BSE Code: 505537, NSE Code: ZEEL.EQ) is one of India’s largest vertically integrated media and entertainment base to 44.6 million company. The Company was formed in 1982. ZEE was the first company to launch a satellite channel in India and strong. from being a single channel for a single geography today operates multiple channels across multiple geographies in different languages and genres. The Company’s programming reaches out to over 650 million viewers across 168 countries. ZEE channel portfolio, across various genres in the Indian market, includes: i. Hindi Entertainment: Zee TV, Zee Smile, 9X ii. Hindi Movies: Zee Cinema, Zee Premier, Zee Action, Zee Classic iii. English Entertainment, Movies and Life style: Zee Studio, Zee Café, Zee Trendz ANNUAL REPORT 2011-12 Notice Directors’ Report Annexure to Directors’ Report Report on Corporate Governance Management Discussion & Analysis 73 The Indian Media and Entertainment Industry 11.7% witnessed steady growth in 2011.
    [Show full text]
  • Extraordinary Together
    Experience the Extraordinary ANNUAL REPORT 2017-18 ZEE ENTERTAINMENT ENTERPRISES LIMITED WELCOME TO THE EXTRAORDINARY WORLD OF ZEE! The journey of a thousand miles begins with one step. We took our first Our new brand ideology – ‘Extraordinary Together’, celebrates our step 25 years back with a simple idea - create stories that entertain, belief in the power of working together, that we’re greater than the inspire, and touch hearts. We started small but success fuelled our sum of our parts and from collaboration comes the strength to deliver desires, dreams and ambitions. As we moved ahead, the goals became the exceptional. Our mission to create extraordinary entertainment more audacious and we challenged ourselves to do more. We achieved experiences for our audience could not have been achieved without milestones which were not visible at the beginning and looked the support of our employees, partners and peers, who had the faith impossible even as we progressed. True to the saying, ‘A dream you in our vision and walked alongside us. At the cusp of our dream alone is only a dream, a dream you dream together is reality’, 25th anniversary, we reaffirm our commitment to work tirelessly with our vision materialised only because it was shared by our partners and each of them, to create new benchmarks and deliver the extraordinary. peers. Today, our 1.3 billion strong audience in 170+ countries is a result Mosaic, an art-form made of innumerable elements, each of which is of not only our relentless efforts but also of the countless others who vital to the picture that emerges when they all come together, is thus supported us on the way.
    [Show full text]
  • Zee Entertainment (ZEEENT) | 514 Target : | 583 Target Period : 12 Months Potential Upside : 14% Another Good Show
    Result Update October 26, 2016 Rating matrix Rating : Buy Zee Entertainment (ZEEENT) | 514 Target : | 583 Target Period : 12 months Potential Upside : 14% Another good show... • Revenues came in at | 1695.4 crore (vs. our estimate: | 1633.8 What’s changed? crore), growth of 22.4% YoY, led by robust subscription revenues, Target Unchanged EPS FY17E Changed from | 13.1 to | 12.3 which grew 21.7% YoY to | 583.3 crore (vs. estimate of | 546.4 EPS FY18E Unchanged crore) driven by strong traction in domestic subscription (up 24.6% Rating Changed from Hold to Buy YoY) during the quarter. Advertising revenues at | 959.2 crore, up 13.7% YoY (15.7% YoY on restated Q2FY16 advertisement revenues Quarterly performance as per IND AS), were in line with our estimate of | 957.4 crore. The Q2FY17 Q2FY16 YoY (%) Q1FY17 QoQ (%) revenue beat can also be partially attributed to other sales and Revenue 1,695.4 1,384.9 22.4 1,571.6 7.9 syndication revenues, which came in at | 152.9 crore (our estimates EBITDA 489.2 354.6 38.0 453.2 8.0 | 130 crore), owing to outperformance of the movie Rustom EBITDA (%) 28.9 25.6 325 bps 28.8 2 bps • EBITDA came in at | 489.2 crore vs. our expectation of | 441.1 crore PAT 238.4 247.4 (3.6) 217.0 9.9 benefiting from high operating leverage. Consequently, EBITDA Key financials margins came in at 28.9%, up 325 bps YoY, higher than our | Crore FY15 FY16E FY17E FY18E expectations of | 27% Net Sales 4,884 5,851 6,774 7,071 • PAT came in at | 238.4 crore (vs.
    [Show full text]
  • THE BUCHAREST UNIVERSITY of ECONOMIC STUDIES The
    THE BUCHAREST UNIVERSITY OF ECONOMIC STUDIES The Faculty of International Business and Economics The Department of Modern Languages and Business Communication of ASE Iuliu Hațieganu University of Medicine and Pharmacy Cluj- Napoca 7th International Conference: Synergies in Communication Bucharest, Romania, 22 - 23 November 2018 BEHIND THE SCREENS: A STUDY OF THE FILMS OF THREE INDIAN WOMEN DIRECTORS Minouti NAIK1 Abstract Indian films, even after 76 years of independence and 105 years of Indian Cinema, are a predominantly male domain. The percentage of women film makers, in the industry, is a mere 9.1%. Despite this, the films directed by women have compelled audiences to take notice, because of the wide spectrum of issues they have touched upon. Three women directors, whose movies have left an indelible mark on the audiences, include Tanuja Chandra, Meghna Gulzar and Gauri Shinde. This paper analyses the work of these three women directors, for the uniqueness of their themes and the characters they have sketched, and attempts to find out, what has led to their films being etched deeply, into the consciousness of their audience. This will be analysed against the backdrop of the realities of the society from which these films emerge, and as a reflection of the gender dynamics existing in Indian society. Keywords: Indian cinema, women, themes, characters, uniqueness 1. Introduction Men have sight, women insight. - Victor Hugo Victor Hugo‟s observation, penned down in his memoirs, might be an apt point to begin with, when one reflects upon films made by Indian women filmmakers. Despite films forming a very important facet of the Indian society and the fact that India completed 105 years of cinema, this year, the number of women making films in India is very small.
    [Show full text]
  • Triple Play Ultra 252 Channels & Services*
    Triple Play Ultra 252 channels & services* HINDI ENTERTAINMENT &TV Big Magic Colors Colors +1 ID Rishtey SAB Sony Sony +1 Sony Pal Star Bharat STAR Plus STAR Plus +1 STAR Utsav UTV Bindass Zee Anmol Zee TV Zee TV +1 HINDI MOVIES &Pictures B4U Movies Bflix Movies Cinema TV Enterr10 Movies Movies Ok Multiplex Rishtey Cineplex Sky Star Sony MAX Sony MAX +1 Sony Max2 Sony Wah STAR Gold STAR Gold +1 Star Gold Select Star Utsav Movies UTV Action UTV Movies WOW Cinema Z Action Zee Anmol Cinema Zee Cinema Zee Cinema +1 Zee Classic HINDI NEWS Aaj Tak Aaj Tak Tez ABP News APN Bharat Samachar CNBC Awaaz Hindi Khabar HNN 24x7 India News India News Haryana India TV Janta TV JK 24x7 News K News Kashish News Khabarain Abhi Tak LTV MH One News NDTV India News 11 News 24 News India News Live News Nation News World India News1 India News18 India News18 Punjab Patrika TV Rajasthan Sadhna Plus Haryana Himachal Sadhna Prime News Samachar Plus Samay Samay Samay MP/CG Bihar/Jharkhand Samay Rajasthan Samay UP/UK Sudarshan News Swaraj Express Total TV SMBC Yo TV Zee Business Zee Hindustan Zee News SPORTS Neo Prime Neo Sports Sony ESPN Sony Six Sony Ten 1 Sony Ten 2 Sony Ten 3 Star Sports 1 Star Sports 2 Star Sports Hindi 1 Star Sports Select 1 Star Sports Select 2 Star Sports Tamil 1 MUSIC 9X Jalwa 9XM B4U Music Channel V E24 Mastiii MTV MTV Beats Music India Nat Geo Music Sony MIX VH1 Z ETC Bollywood Zing Zoom KIDS Baby TV Cartoon Network Discovery Kids Disney Channel Disney Junior Disney XD Hungama Nick Nick Jr.
    [Show full text]
  • Annexure I -Channel List of Odisha
    Annexure I -Channel list of Odisha NO OF HD NO Of SD CHANNELS 226 CHANNELS 15 ENGLISH ENT HINDI MOVIES LIFE STYLE BENGALI HD CHANNELS STAR WORLD SET MAX FOX LIFE ABP ANANDA MAX HD AXN STAR GOLD NDTV GOODTIMES ATN BANGLA MN+HD FX UTV MOVIES FTV DD BANGLA SONY PIX HD ENGLISH MOVIES MAX2 FOOD FOOD TV SONY AATH HBO HD MOVIES NOW 2 STAR MOVIES UTV ACTION TLC KOLKATA TV HD SONY PIX MOVIES OK CARE WORLD SANGEET BANGLA SONY LEPLEX HD MOVIES NOW WOW CINEMA KIDS STAR JHALSA SONY ESPN HD CARTOON MOVIES NOW2 VAA MOVIES NETWORK AKASH AATH SONY SIX HD ROMEDY NOW CINEMA TV DISNEY JHALSA MOVIES BBC EARTH STAR UTSAV STAR MOVIES ACTION MOVIES HUNGAMA ZEE 24 GHANTA ROX HD HINDI ENT B4U MOVIES POGO MUSIC F SONY HD STAR PLUS GREEN NAAPTOL DISNEY JUNIOR RUPASI BANGLA SAB TV HD SONY BFLIX MOVIES DISNEY XD DHOOM MUSIC TRAVEL XP HD STAR SPORTS HD SAB TV MOVIE HOUSE SONY YAY R PLUS GOLD 1 STAR SPORTS HD LIFE OK SONY WAH DISCOVERY KIDS NEWS TIME 3 ZEE ANMOL BINDASS CINEMA MU BU TV ZEE BANGLA SONY PAL SAHARA FILMY NICK TELUGU SHOP CJ MUSIC BABY TV ABN HOME SHOP 18 SONY MIX KNOWLEDGE GEMINI BLUE NAAPTOL CHANEL V NAT GEO GEMINI MOVIES ZOOM B4U MUSIC DISCOVERY ZEE TELUGU STAR UTSAV BINDAS PLAY SONY BBC EARTH MAA ZEE ANMOL 9X M ANIMAL PLANET MAA GOLD DISCOVERY ID MUSIC INDIA NGC WILD MAA MOVIES EPIC 9X JALWA DISCOVERY TURBO NTV DD NATIONAL NGC MUSIC DISCOVERU SCIENCE GEMINI COMEDY ZEE TV 9XO NGC PEOPLE GEMINI MUSIC DD INDIA 9X TASHAN GYAN DARSHAN GEMINI LIFE COLORS SPORTS DD KISHAN KHUSI TV DD BHARATI STAR SPORS1 HINDI NEWS GEMINI NEWS & TV STAR SPORS2 AAJ TAK TV9 SAHARA
    [Show full text]
  • INVESTOR PRESENTATION February 2018 Disclaimer
    R-City Ghatkopar, Mumbai INVESTOR PRESENTATION February 2018 Disclaimer This presentation and the following discussion may contain “forward looking statements” by Inox Leisure Limited (“ILL” or “the Company”) that are not historical in nature. These forward looking statements, which may include statements relating to future state of affairs, results of operations, financial condition, business prospects, plans and objectives, are based on the current beliefs, assumptions, expectations, estimates, and projections of the management of ILL about the business, industry and markets in which ILL operates. These statements are not guarantees of future performance, and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond ILL’s control and difficult to predict, that could cause actual results, performance or achievements to differ materially from those in the forward looking statements. Such statements are not, and should not be construed, as a representation as to future performance or achievements of ILL. In particular, such statements should not be regarded as a projection of future performance of ILL. It should be noted that the actual performance or achievements of ILL may vary significantly from such statements. Due to rounding-off, figures presented throughout this document may not add up precisely to the totals provided and percentages may not precisely reflect the rounded-off figures. All financial figures, upto and including FY15 are as per IGAAP and for FY16 and thereafter are as per IND-AS. Revenues for FY13 to FY15 are shown net of entertainment tax, to be consistent with the revenues under IND-AS for FY16 and FY17 2 Atria, Worli, Mumbai DISCUSSION SUMMARY .
    [Show full text]
  • A New Vision Is Blooming
    A NEW VISION IS BLOOMING ZEE 4.0 - ANNUAL REPORT 2020-21 Zee Entertainment Enterprises Limited Transformation stems from the natural evolution of every living being. Inside each of us lies a distinctive desire to do something more than the norm, out of the ordinary. This nature of existence flows from people to businesses, leading them from old path to new, creating opportunities for themselves and for the rest of the world. Media and Entertainment landscape is not untouched by this phenomenon. From consumer FINANCIAL behaviour to consumer experiences, the industry has evolved in all shapes and forms over STATEMENTS the last few decades. Today, we are seeing a paradigm shift in the consumption and delivery 03 of entertainment. In this new realm, the alchemy of the consumer experience is one that blends content creation, delivery, and monetization in a seamless manner. This hyper- STANDALONE competitive, digitally accelerated environment demands a unique strategic vision. We at ZEE INDEX Independent Auditor’s Report 107 are preparing to step into this future with a sharper and synergised version, transforming into ZEE 4.0 - a future-ready organisation to gain competitive advantage. ZEE 4.0 is Balance Sheet 115 designed around enhanced customer centricity with levers for capitalizing on Statement of Profit and Loss 116 immense growth opportunities and driving higher profitability. COMPANY Statement of Cash Flow 117 OVERVIEW The 5G pillars - Governance, Granularity, Growth, Goodwill and Gusto, form 01 Statement of Changes in Equity 119 the cornerstone of ZEE 4.0, sharpening our abilities to capture the emerging Notes 121 opportunities across markets, to transform ZEE into South Asia’s leading Media & Key Performance Indicators 04 STATUTORY Entertainment Company.
    [Show full text]
  • Viewers About Tata Sky
    Chapter-1 Industry Profile 1 1.0 INDUSTRY PROFILE 1.1 Introduction Direct to Home (DTH) is a distribution platform for multichannel TV programmers on (high frequency of 11.7 to 14.55 Gigahertz) by using a satellite system which transmits signals directly to subscriber premises. The term predates DBS satellites and is often used in reference to services carried by lower power satellites which required larger dishes. 1.1.1 How DTH Work:- Following are the simplified steps on how DTH works: 1. Tata Sky uplinks all channels from broadcasters to its satellite (INSAT 4A). 2. The satellite sends these channels in digital format to the minidish fixed outside your home. 3. The minidish relays the channels to the digicomp which decodes the channels and sends them to your television, giving you an incomparable television screening experience with DVD quality picture and CD quality sound. 2 1.2 DTH INDUSTRY IN INDIA 1.2.1 DTH Players in India In earlier days there was only one TV channel in India the “Doordarshan”, Channel doordarshan was owned and operated by government of India. In those eras every home which The Cable Television Ordinance Law was passed in January 1995. This enabled cable operators to provide channels and later on private companies were allowed to air their own channels and this lead to the explosive growth in number of TV channels and number of cable operators. The growth of TV channels & cable operators created a big industry and market opportunities. Until few years back there were as many as 1,00,000 VkyTSishAD3 cable operators across India.
    [Show full text]