Indian Entertainment and Media Outlook 2010 2 Indian Entertainment and Media Outlook 2010 Message

Total Page:16

File Type:pdf, Size:1020Kb

Indian Entertainment and Media Outlook 2010 2 Indian Entertainment and Media Outlook 2010 Message Indian entertainment and media outlook 2010 2 Indian entertainment and media outlook 2010 Message To our clients and friends both in and beyond the entertainment and media industry : Welcome to the 2010 edition of PricewaterhouseCoopers’ Indian Entertainment and Media (E&M) Outlook, covering the forecast period of 2010–2014. Our forecasts and analysis for this edition focus on eight major E&M industry segments and one emerging segment. Each segment details out the key trends observed and challenges faced apart from providing the prospects for the segment. In the industry overview section, we have highlighted the key theme observed during 2009 and what we perceive as future trends in the coming years. We have a chapter on the tax and regulatory impact on the various E&M segments and for the very first time we have included a chapter on how technology can be leveraged in the E&M industry. In 2009, the economy severely impacted the world, translating into steep declines in advertisement as well as consumer spending. India though impacted, did manage to show growth with increased consumer spending as well as innovative action on the part of the industry. Against this backdrop, across the world, except certain markets, speed of digital spending increased due to changing consumer behavior as well as technology available to deliver the same. In India, while the spend on digital media is likely to grow, it is unlikely that it will dominate in the forecast period. This is largely due to the relative unavailability as well as unaffordability of the broadband and mobile infrastructure. Therefore, non digital revenues for the E&M industry are important and they need to be preserved as well as grown. This will make for more sustainable revenues for the E&M Industry in the foreseeable future. Monetising consumer experience would be a key challenge to the industry. While 3G, broadband and mobile infrastructure would help, the industry is taking other initiatives like regional content and distribution platforms (digital & non-digital, mobile) to enhance experience & monetize content. At PricewaterhouseCoopers, we continue to monitor trends and developments that may impact your business now and in the future, and we look forward to further sharing our thoughts with you. We appreciate your feedback and ask that you continue to tell us what we can do to make the Indian E&M Outlook more useful to you. If you wish additional clarification on any matters included in the Indian E&M Outlook, or you believe we can be of service to your business in any way, please contact one of the PricewaterhouseCoopers E&M professionals listed in the report. Finally, we thank you for your support and wish you an exciting and rewarding year ahead. Sincerely, Jairaj Purandare Timmy Kandhari Executive Director, Leader - Executive Director, Leader - Markets & Industries, PwC India Entertainment & Media, PwC India Industry Overview 05 Television 22 Print Media 42 Filmed Entertainment 54 Radio Advertising 68 Music 80 Internet Advertising 88 Out-of-Home Advertising 96 Animation, Gaming and VFX Industry 102 Sports Entertainment 118 Tax and Regulatory issues 124 impacting the Indian E&M Industry Technology and E&M industry 138 Glossary of terms and 144 abbreviation Glossary of tables and charts 145 PwC E&M Practice-contacts 148 and office addresses 4 Indian entertainment and media outlook 2010 Contents Introduction We are pleased to present the 2010 edition of PricewaterhouseCoopers’ Indian entertainment and media outlook. The information in this publication reflects the collective wisdom of our large team of professionals who work with entertainment and media (E&M) companies in India and overseas. It is a unique resource for the industry, offering a five-year outlook for global consumer spending and advertising revenues, as well as insights into the technology, government, political and business trends driving those forecasts. The purpose of this Industry Overview is to provide a synopsis of the data presented in the 2010–2014 Outlook and to present a thought piece on ideas generated by the data in the full report. New additions to the 2010–2014 Outlook For the first time this year, we have included a chapter on Technology and how it can be leveraged in E&M industry context in India. Categories Covered: • Television • Print Media • Filmed Entertainment • Radio Advertising • Music • Internet Advertising • Out-of-Home Advertising • Animation, Gaming & VFX Industry Apart from the above, this outlook also covers trends in Sports Entertainment as well as Direct and Indirect Tax issues impacting the Indian E&M industry. 6 Indian entertainment and media outlook 2010 Industry Overview 2009: The year after the storm With some notable exceptions, particularly in China and The E&M industry continues to be dominated by TV, India, severe recession in most countries led to steep print and filmed entertainment. Significant revenues decline in advertising—the category most sensitive to continue to be from non-digital segment though there the economy—and to reductions in consumer/end-user has been good growth in the digital spending. spending, globally. Global advertising fell by 11.8% and consumer/end-user spending decreased by 0.5%. As Chart 1.1 Segment-Wise Breakup of E&M Industry (2009) a whole, the global E&M market declined by 3.0% in 2009, a somewhat smaller decrease compared with the 3.9% drop we had projected. However, India was one of the few countries not severely impacted by recession. The E&M industry in 2009 stood at Rs. 580.8 billion registering a growth of 2.2% as compared to Rs. 568.5 billion in 2008. This was lower than our projected growth rate of 8.3% for last year. The reason for lower growth rate was largely because of lower than expected uptake in the advertisement dependent sectors like print, OOH and internet advertisement. Filmed entertainment also showed a negative growth due to the cash crunch faced by the industry. Many of the factors which caused the Source: PwC Analysis and Industry Estimates slowdown are not likely to persist and performance is likely to be better going forward. Further, the total In comparison to other Asian countries like China consumer spending grew, which helped the E&M and Japan, the E&M market in India is quite small. industry to show a small growth despite the storm. Advertisement as a percentage of the GDP in India is 0.53% as compared to 1.08% for developed country Table 1.1 Growth of Indian E&M Industry in 2005-09 like US and 0.90% for Japan. This indicates that there is still a lot of scope for growth of the E&M industry in Rs. billon 2005 2006 2007 2008 2009 CAGR India. Television 158.5 191.2 223.9 244.7 265.5 13.8% % change 20.6% 17.1% 9.3% 8.5% Table 1.2 Entertainment & Media Markets of Film 68.1 84.5 96.0 107.0 95.0 8.7% % change 24.1% 13.6% 11.5% -11.2% Key Countries (USD millions) Print 109.5 128.0 149.0 162.0 161.5 10.2% 2005 2006 2007 2008 2009 % change 16.9% 16.4% 8.7% -0.3% India 8,746 10,503 12,401 13,616 14,052 Radio Advertising 3.2 5.0 6.9 8.3 9.0 29.5% China 41,297 47,245 57,496 69,166 75,815 % change 56.3% 38.0% 20.3% 8.4% Japan 150,975 160,716 166,999 169,298 164,337 Internet Advertis- 1.0 1.6 2.7 5.0 6.0 56.5% ing US 433,842 454,572 469,096 460,997 428,140 % change 60.0% 68.8% 85.2% 20.0% Source: PwC Global E&M outlook 2010 OOH 9.0 10.0 12.5 15.0 12.5 8.6% % change 11.1% 25.0% 20.0% -16.7% Indian Advertising Industry Animation, Gam- - 12.6 15.7 19.6 23.8 - Due to the economic slowdown, the advertising ing & VFX % change - - 24.6% 24.6% 21.8% industry was flat showing almost no growth in 2009. Music 7.2 7.3 7.6 6.9 7.5 1.2% This came close on the heels of 2008, a year when the % change 1.4% 3.8% -8.2% 8.5% performance of this industry slowed down as compared Total 356.5 440.2 514.3 568.5 580.8 13.0% to the previous years. In 2009, the advertising industry % change 23.5% 16.8% 10.5% 2.2% remained at an estimated size of Rs. 216.5 billion as Source: PwC Analysis and Industry Estimates compared to Rs. 216 billion in 2008. In the last four years (2005- 2009), the industry recorded a cumulative growth of 13.5% on an overall basis. 8 Indian entertainment and media outlook 2010 Different segments in the industry were impacted Roadblock Strategy: Roadblock refers to buying all the differently. While OOH, print and filmed entertainment advertisement spaces in a media vehicle for a day, thus showed negative trends of (16.7%), (3.4%), and blocking all other advertisers. This was a popular form (11.2%), respectively, the most impressive growth of advertising in 2009 to gain visibility and getting value was from the smallest segment of the industry by size for money. – internet advertising. Though, this segment grew by • Times of India and Volkswagen (Print): Volkswagen 20.0% in 2009, it was well below the growth of 85% in tied up with Times of India to make a Volkswagen 2008 and our own projected growth of 50%. Print was edition on 11th November 2009.
Recommended publications
  • AUGUST 2019 Investor Presentation
    1 Investor Presentation Shemaroo Entertainment Limited AUGUST 2019 2 ABOUT SHEMAROO 3 At a Glance Over 55 years experience as a Household One of the largest content houses with Offering content to most Bollywood services Media Brand 3700+ content library across leading platforms Offering content across Bollywood, Strong understanding of Consumer's Strong content offerings in multiple countries Devotional, Regional, Comedy, Kids, Health Entertainment Needs across the globe & Lifestyle, etc. REVENUE EBITDA PAT NETWORTH FY19 FY19 FY19 FY19 INR 5,678 Mn INR 1,578 Mn INR 830 Mn INR 5,717 Mn 5 Year CAGR 16.50% 5 Year CAGR 19.67% 5 Year CAGR 25.00% 5 Year CAGR 26.79% 4 Overview • Founded in 1962 as a book circulating library, today Shemaroo Entertainment Limited (Shemaroo) is a leading Indian content power house with a global reach, headquartered out of Mumbai and employs over 750 people. • Shemaroo is a pioneer in content aggregation and distribution in India and globally with offerings spread across Television, Mobile, Internet, OTT, etc. • Identifying that movies have the longest shelf life for television and other media content, Shemaroo pioneered the movie library syndication business by acquiring movie titles from producers and distributing it to broadcasters and other media platforms. • Shemaroo has grown multifold over the years, developing excellent relationships across the media industry value chain, to become one of the largest organised players in a fragmented industry. • The company’s digital business contribution has grown from
    [Show full text]
  • Mumbai Macbeth: Gender and Identity in Bollywood Adaptations Rashmila Maiti University of Arkansas, Fayetteville
    University of Arkansas, Fayetteville ScholarWorks@UARK Theses and Dissertations 8-2018 Mumbai Macbeth: Gender and Identity in Bollywood Adaptations Rashmila Maiti University of Arkansas, Fayetteville Follow this and additional works at: http://scholarworks.uark.edu/etd Part of the Asian Studies Commons, Comparative Literature Commons, and the Literature in English, British Isles Commons Recommended Citation Maiti, Rashmila, "Mumbai Macbeth: Gender and Identity in Bollywood Adaptations" (2018). Theses and Dissertations. 2905. http://scholarworks.uark.edu/etd/2905 This Dissertation is brought to you for free and open access by ScholarWorks@UARK. It has been accepted for inclusion in Theses and Dissertations by an authorized administrator of ScholarWorks@UARK. For more information, please contact [email protected], [email protected]. Mumbai Macbeth: Gender and Identity in Bollywood Adaptations A dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy in Comparative Literature and Cultural Studies by Rashmila Maiti Jadavpur University Bachelor of Arts in English Literature, 2007 Jadavpur University Master of Arts in English Literature, 2009 August 2018 University of Arkansas This dissertation is approved for recommendation to the Graduate Council. M. Keith Booker, PhD Dissertation Director Yajaira M. Padilla, PhD Frank Scheide, PhD Committee Member Committee Member Abstract This project analyzes adaptation in the Hindi film industry and how the concepts of gender and identity have changed from the original text to the contemporary adaptation. The original texts include religious epics, Shakespeare’s plays, Bengali novels which were written pre- independence, and Hollywood films. This venture uses adaptation theory as well as postmodernist and postcolonial theories to examine how women and men are represented in the adaptations as well as how contemporary audience expectations help to create the identity of the characters in the films.
    [Show full text]
  • Indian Entertainment and Media Outlook 2010 2 Indian Entertainment and Media Outlook 2010 Message
    Indian entertainment and media outlook 2010 2 Indian entertainment and media outlook 2010 Message To our clients and friends both in and beyond the entertainment and media industry : Welcome to the 2010 edition of PricewaterhouseCoopers’ Indian Entertainment and Media (E&M) Outlook, covering the forecast period of 2010–2014. Our forecasts and analysis for this edition focus on eight major E&M industry segments and one emerging segment. Each segment details out the key trends observed and challenges faced apart from providing the prospects for the segment. In the industry overview section, we have highlighted the key theme observed during 2009 and what we perceive as future trends in the coming years. We have a chapter on the tax and regulatory impact on the various E&M segments and for the very first time we have included a chapter on how technology can be leveraged in the E&M industry. In 2009, the economy severely impacted the world, translating into steep declines in advertisement as well as consumer spending. India though impacted, did manage to show growth with increased consumer spending as well as innovative action on the part of the industry. Against this backdrop, across the world, except certain markets, speed of digital spending increased due to changing consumer behavior as well as technology available to deliver the same. In India, while the spend on digital media is likely to grow, it is unlikely that it will dominate in the forecast period. This is largely due to the relative unavailability as well as unaffordability of the broadband and mobile infrastructure.
    [Show full text]
  • SHALINI RAGHAVAN CMO, CONSUMER PRODUCTS DIVISION L’ORÉAL INDIA DUREX a Cheeky Move a Little Misdirection Does 10 Not Hurt at All
    April 16-30, 2017 Volume 5, Issue 21 `100 6 INTERVIEW SHALINI RAGHAVAN CMO, CONSUMER PRODUCTS DIVISION L’ORÉAL INDIA DUREX A Cheeky Move A little misdirection does 10 not hurt at all. GIONEE 7 Self-obsessed? How is Gionee doing in the selfie wars? 8 KFC “AGENCIES ARE Rapping Differently Have a Chizza, not a pizza says Baba Sehgal. TERRITORIAL” BARC Introducing Ekam 9 Raghavan on the challenges faced by a cosmetics MOTO marketer in the era of selfies and self-adulation Bringing out the Best 16 CAMPAIGN TRAIL Ads of the Fortnight 20 MOVEMENTS / APPOINTMENTS Cover Story Powered By: Who’s Where... 22 editorial This fortnight... Volume 5, Issue 21 ast year, when Shalini Raghavan moved from Hindustan Unilever, where she EDITOR Sreekant Khandekar L managed the Dove master-brand across Asian and African markets, and joined PUBLISHER April 16-30, 2017 Volume 5, Issue 21 `100 L’Oréal India to take charge of the consumer products division, we carried a basic Prasanna Singh 6 INTERVIEW ‘movement story’ on afaqs.com. EXECUTIVE EDITOR SHALINI RAGHAVAN CMO, CONSUMER Ashwini Gangal PRODUCTS DIVISION L’ORÉAL INDIA DUREX A Cheeky Move ASSOCIATE EDITOR A little misdirection does That article has since received a surprising, almost shocking, number of views and 10 not hurt at all. Sunit Roy has clocked over 1,000 shares. Turns out, Shalini is a person of interest in the Indian PRODUCTION EXECUTIVE marketing and advertising fraternity. So, we at afaqs! Reporter took a data-led decision Andrias Kisku GIONEE 7 Self-obsessed? to get to know Shalini and her brand of leadership a little better.
    [Show full text]
  • Jagran Prakashan Limited Announces Q4 FY12
    Jagran Prakashan Limited announces FY12 results Consolidated Operating Revenues up by 11.02% to Rs 1355.66 crores; Recommended Final Dividend of Rs 3.50 per share i.e 175% of paid up capital. Annual Results FY12 [(all comparisons with FY11) (Stand Alone)] Operating Revenues at Rs 1244.41crores, up by 11.57% from Rs 1115.32 crores. Advertisement Revenues at Rs 850.01crores, up by 10.90% from Rs 766.48 crores. Circulation Revenues at Rs 244.47 crores, up by 9.63% from Rs 222.99 crores. Event and Outdoor Revenues at Rs 113.20 crores, up by 20.49% from Rs 93.95 crores. Digital Revenues (excluding Advertisement Revenue) at Rs 8.24 crores, up by 23.17% from Rs 6.69 crores. Operating Profits at Rs 312.62 crores, as against Rs 342.17 crores. PAT (before adjustment of unrealised foreign exchange fluctuation) of Rs 190.50 crores as against Rs 204.78 crores (both net of tax). EPS (before adjustment of unrealised foreign exchange fluctuation) of Rs 6.02 as against Rs 6.47. PAT at Rs 179.64 crores, as against Rs 205.83 crores. EPS (annualized) of Rs 5.68 as against Rs 6.51. Q4FY12 [(all comparisons with Q4FY11) (Stand Alone)] Operating Revenues at Rs 310.41 crores, up by 9.83% from Rs 282.62 crores. Advertisement Revenues at Rs 210.33 crores, up by 11.45% from Rs 188.73 crores. Circulation Revenues at Rs 62.79 crores, up by 12.39% from Rs 55.87 crores. Event and Outdoor Revenues at Rs 27.94 crores as against Rs 29.23 crores.
    [Show full text]
  • Shemaroo Entertainment Limited
    DRAFT RED HERRING PROSPECTUS Dated September 19, 2011 Please read section 60B of the Companies Act, 1956 (This Draft Red Herring Prospectus will be updated upon filing with the RoC) 100% Book Building Issue SHEMAROO ENTERTAINMENT LIMITED Our Company was originally incorporated as a private limited company under the Companies Act, 1956 on December 23, 2005, with the name Shemaroo Holdings Private Limited. Subsequently, pursuant to a Scheme of Arrangement approved by the Hon’ble High Court of Bombay vide order dated March 7, 2008 and by the special resolution of our shareholders dated May 28, 2008, the name of our Company was changed to Shemaroo Entertainment Private Limited and a fresh certificate of incorporation was granted to our Company on June 3, 2008, by the RoC. Thereafter, pursuant to a special resolution of our shareholders dated March 26, 2011, our Company was converted to a public limited company and a fresh certificate of incorporation consequent to the change of status was granted on April 1, 2011, by the RoC. For further details in connection with changes in the name and registered office of our Company, please refer to the section titled “History and Certain Corporate Matters” on page 95 of this Draft Red Herring Prospectus. Registered and Corporate Office: Shemaroo House, Plot No.18, Marol Co-operative Industrial Estate, Off Andheri Kurla Road, Andheri East, Mumbai- 400059 Telephone: +91 22 4031 9911; Facsimile: +91 22 2851 9770 Contact Person and Compliance Officer: Mr. Ankit Singh, Company Secretary; Telephone: +91 22 4031 9911; Facsimile: +91 22 2851 9770 E-mail: [email protected]; Website: www.shemaroo.com PROMOTERS OF OUR COMPANY: MR.
    [Show full text]
  • ENTERTAINMENT November 2010 ENTERTAINMENT November 2010
    ENTERTAINMENT November 2010 ENTERTAINMENT November 2010 Contents Advantage India Market overview Industry Infrastructure Investments Policy and regulatory framework Opportunities Industry associations 2 ADVANTAGE INDIA Entertainment November 2010 Advantage India - capital Increasing investments by the private sector and foreign media and entertainment (M&E) majors have enhanced India‘s entertainment infrastructure such as new multiplexes and digitization of TV distribution and theatre infrastructure. • Digitisation and technological advancements Improving across the value chain are improving the quality • Producing more than 1,000 films entertainment of content and reach, and also leading to new annually, India is the largest infrastructure business models. For example rural DTH producer of films in the world. penetration is three times higher than in urban Digital High • There are more than 500 TV areas, with digital TV penetration rate of 34% in revolution production channels in the country, requiring rural areas as compared to 12% in urban areas volumes 30 hours of fresh programming per week. • A liberalised foreign investment regime Advantage and other regulatory initiatives are resulting in a conducive business India environment for Indian M&E. Large and under • FDI upto 100 per cent is allowed in film Liberal penetrated • In 2008, there were as many as 3.3 billion and advertising, TV broadcasting (except government consumer theatre admissions in India. news) and 26 per cent in newspaper policies base • With the TV segment reaching as many as publishing. Favourable 134 million households in the country, • Migration from fixed to revenue sharing demographics India is one of the largest TV markets in license fee regime in radio segment and the world.
    [Show full text]
  • Reliance Capital Limited
    Reliance Capital Limited February 05, 2018 Summary of rated instruments Previous Rated Amount Current Rated Amount Instrument* Rating Action (Rs. crore) (Rs. crore) Commercial paper programme 4,000.00 4,000.00 [ICRA]A1+; Reaffirmed Total 4,000.00 4,000.00 Rating action ICRA has reaffirmed the rating of [ICRA]A1+ (pronounced ICRA A one plus) for Rs. 4,000 crore commercial paper programme of Reliance Capital Limited (RCL). Rationale The rating factors in RCL’s financial flexibility being a part of Reliance Anil Dhirubhai Ambani Group (ADAG) which has significant presence across various financial services businesses like Asset Management, Life Insurance, General Insurance, Commercial & Home Finance, Broking & Distribution of financial products and Proprietary Investments. The rating also takes into consideration RCL’s experienced management profile with varied experience across financial services segments. ICRA takes note of the transfer of Commercial Finance Division of RCL into Reliance Commercial Finance Limited (RCFL), a wholly owned subsidiary of RCL, in March 2017. The rating also factors in RCL’s proposed conversion into a Core Investment Company (CIC) coupled with the entity’s sustained efforts to divest some of its potentially valuable investments in order to reduce its debt. ICRA also takes note of the moderate profitability indicators of RCL. Going ahead, the ability of RCL to successfully and timely divest some of its investment exposures and maintain a healthy liquidity profile would continue to be key rating monitorable. Outlook:
    [Show full text]
  • Report on Shemaroo
    INTRODUCTION Reinvention’ has been one of the key words in the richhistory of Shemaroo Entertainment. In a constant effort to adapt with the changing ecosystem, the company has diversified its business portfolio across segments and reoriented its focus from b2b to b2c. Rather than emphasising only on digital, it is emerging as media agnostic to serve every screen of consumption that exists. One of the major steps towards the reinvention was the revamp of brand identity. In 2018, it underwent a brand refresh. The main target of the refresh was to reach new age consumers and re-establish the b2c connect. The logo was revamped and a new tagline was brought in to create a colourful identity. As we can see, the new logo comprises a series of overlapping layers in rich Indian colours standing for Shemaroo’s promise of offering an imaginative range of zesty Indian content to a diverse group of consumers. The shape of the design elements has been derived from the digital play button. The company also announced India Khush Hua as its new tagline, to convey the message of how it wants to bring joy to Indians with multi-genre offering. In the later part of the same year, Shemaroo revealed the logo of its biggest bet in recent times –ShemarooMe. Soon after that, the OTT platform was launched amid the presence of popular Bollywood faces. Rather than focusing on the rat race, Shemaroo perceived the new journey as a “marathon” without splurging or laying a hand on every genre. While it banked on its popular titles at the time of launch, it has expanded its content massively over the last two years.
    [Show full text]
  • Jagran Prakashan Limited
    LETTER OF OFFER THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION This Letter of Offer is sent to you as a registered Equity Shareholder of Jagran Prakashan Limited (the “Company”) as on the Record Date in accordance with Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998, as amended (the “Buyback Regulations”). If you require any clarifications about the action to be taken, you should consult your stock broker or investment consultant or the Manager to the Buyback Offer i.e Ernst & Young Merchant Banking Services Private Limited or to the Registrar to the Buyback Offer i.e Karvy Computershare Private Limited. Please refer to the section on ‘Definitions’ for the definition of the capitalized terms used herein. Jagran Prakashan Limited Corporate Identity Number: L22219UP1975PLC004147 Registered Office address: Jagran Building, 2, Sarvodaya Nagar, Kanpur – 208005; Website: www.jplcorp.in Contact Person: Mr Amit Jaiswal, Company Secretary and Compliance Officer Tel: 0512-2216161; Fax: 0512-2230625, E-mail: [email protected] CASH OFFER FOR BUYBACK OF UPTO 1,50,00,000 (ONE CRORE AND FIFTY LAKH) FULLY PAID-UP EQUITY SHARES OF FACE VALUE OF INR 2 (INDIAN RUPEES TWO ONLY) EACH, REPRESENTING 4.82% OF THE TOTAL NUMBER OF EQUITY SHARES IN THE ISSUED, SUBSCRIBED AND PAID-UP EQUITY SHARE CAPITAL OF THE COMPANY, FROM ALL THE EXISTING SHAREHOLDERS/BENEFICIAL OWNERS OF EQUITY SHARES OF THE COMPANY AS ON THE RECORD DATE i.e. FRIDAY, 15TH JUNE 2018, ON A PROPORTIONATE BASIS (SUBJECT TO SMALL SHAREHOLDER RESERVATION),
    [Show full text]
  • KPMG FICCI 2013, 2014 and 2015 – TV 16
    #shootingforthestars FICCI-KPMG Indian Media and Entertainment Industry Report 2015 kpmg.com/in ficci-frames.com We would like to thank all those who have contributed and shared their valuable domain insights in helping us put this report together. Images Courtesy: 9X Media Pvt.Ltd. Phoebus Media Accel Animation Studios Prime Focus Ltd. Adlabs Imagica Redchillies VFX Anibrain Reliance Mediaworks Ltd. Baweja Movies Shemaroo Bhasinsoft Shobiz Experential Communications Pvt.Ltd. Disney India Showcraft Productions DQ Limited Star India Pvt. Ltd. Eros International Plc. Teamwork-Arts Fox Star Studios Technicolour India Graphiti Multimedia Pvt.Ltd. Turner International India Ltd. Greengold Animation Pvt.Ltd UTV Motion Pictures KidZania Viacom 18 Media Pvt.Ltd. Madmax Wonderla Holidays Maya Digital Studios Yash Raj Films Multiscreen Media Pvt.Ltd. Zee Entertainmnet Enterprises Ltd. National Film Development Corporation of India with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. entity. (“KPMG International”), a Swiss with KPMG International Cooperative © 2015 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated and a member firm of the KPMG network of independent member firms Partnership KPMG, an Indian Registered © 2015 #shootingforthestars FICCI-KPMG Indian Media and Entertainment Industry Report 2015 with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. entity. (“KPMG International”), a Swiss with KPMG International Cooperative © 2015 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated and a member firm of the KPMG network of independent member firms Partnership KPMG, an Indian Registered © 2015 #shootingforthestars: FICCI-KPMG Indian Media and Entertainment Industry Report 2015 Foreword Making India the global entertainment superpower 2014 has been a turning point for the media and entertainment industry in India in many ways.
    [Show full text]
  • Jagran Prakashan Limited Phiroze Jeejeebhoy Towers Scrip Code: 532705 Dalal Street, ISIN: INE 199001027 Mumbai - 40000 L
    THE WORLD'S LARGEST READ DAILY Jagran August 13, 2021 l. Manager - CRD, BSE Limited, Re: Jagran Prakashan Limited Phiroze Jeejeebhoy Towers Scrip Code: 532705 Dalal Street, ISIN: INE 199001027 Mumbai - 40000 l 2. Listing Manager, National Stock Exchange of India Ltd., Re: Jagran Prakashan Limited 'Exchange Plaza' Symbol: JAGRAN Bandra Kurla Complex, Dalal Street !SIN: INE199G01027 Bandra (E), Mumbai-400051 Dear Sir I Madam, Subject: Buyback of equity shares of face value of INR 2/- each ("Equity Shares") by Jagran Prakashan Limited (the "Company") from the open market through stock exchanges ("Buyback") - Intimation for closure of the Buyback This is in furtherance to, (i) our letter dated Tuesday, March 02, 2021, informing the outcome of the meeting of the Board of Directors of the Company ("Board") approving the Buyback; and (ii) our letter dated Thursday, March 04, 2021 regarding submission of the public announcement dated Wednesday, March 03, 2021 for the Buyback ("Public Announcement"). Pursuant to the resolution passed by the Board on Tuesday, March 02, 2021, the Company was authorised to buyback its Equity Shares from the open market through stock exchange mechanism, for an aggregate amount not exceeding INR 118,00,00,000 (Indian Rupees One Hundred and Eighteen Crores Only), excluding the brokerage, costs, fees, turnover charges, taxes such as buyback tax, securities transaction tax, goods and service tax (if any) and income tax, stamp duty, printing expenses, filing fees, advisors fees and other incidental and related expenses and charges ( collectively referred to as "Transaction Costs") ("Maximum Buyback Size"), and at a price not exceeding INR 60 (Indian Rupees Sixty Only) per Equity Share ("Maximum Buyback Price").
    [Show full text]