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SL.NO CHANNEL LCN Genre STAR PLUS 101 HINDI GEC
SL.NO CHANNEL LCN Genre 1 STAR PLUS 101 HINDI GEC PAY 2 ZEE TV 102 HINDI GEC PAY 3 SET 103 HINDI GEC PAY 4 COLORS 104 HINDI GEC PAY 5 &TV 105 HINDI GEC PAY 6 SAB 106 HINDI GEC PAY 7 STAR BHARAT 107 HINDI GEC PAY 8 BIG MAGIC 108 HINDI GEC PAY 9 PAL 109 HINDI GEC PAY 10 COLORS RISHTEY 110 HINDI GEC PAY 11 STAR UTSAV 111 HINDI GEC PAY 12 ZEE ANMOL 112 HINDI GEC PAY 13 BINDASS 113 HINDI GEC PAY 14 ZOOM 114 HINDI GEC PAY 15 DISCOVERY JEET 115 HINDI GEC PAY 16 STAR GOLD 135 HINDI MOVIES PAY 17 ZEE CINEMA 136 HINDI MOVIES PAY 18 SONY MAX 137 HINDI MOVIES PAY 19 &PICTURES 138 HINDI MOVIES PAY 20 STAR GOLD 2 139 HINDI MOVIES PAY 21 ZEE BOLLYWOOD 140 HINDI MOVIES PAY 22 MAX 2 141 HINDI MOVIES PAY 23 ZEE ACTION 142 HINDI MOVIES PAY 24 SONY WAH 143 HINDI MOVIES PAY 25 COLORS CINEPLEX 144 HINDI MOVIES PAY 26 UTV MOVIES 145 HINDI MOVIES PAY 27 UTV ACTION 146 HINDI MOVIES PAY 28 ZEE CLASSIC 147 HINDI MOVIES PAY 29 ZEE ANMOL CINEMA 148 HINDI MOVIES PAY 30 STAR GOLD SELECT 149 HINDI MOVIES PAY 31 STAR UTSAV MOVIES 150 HINDI MOVIES PAY 32 RISHTEY CINEPLEX 151 HINDI MOVIES PAY 33 MTV 175 HINDI MUSIC PAY 34 ZING 178 HINDI MUSIC PAY 35 MTV BEATS 179 HINDI MUSIC PAY 36 9X M 181 HINDI MUSIC PAY 37 CNBC AWAAZ 201 HINDI NEWS PAY 38 ZEE BUSINESS 202 HINDI NEWS PAY 39 INDIA TODAY 203 HINDI NEWS PAY 40 NDTV INDIA 204 HINDI NEWS PAY 41 NEWS18 INDIA 205 HINDI NEWS PAY 42 AAJ TAK 206 HINDI NEWS PAY 43 ZEE NEWS 207 HINDI NEWS PAY 44 ZEE HINDUSTAN 209 HINDI NEWS PAY 45 TEZ 210 HINDI NEWS PAY 46 STAR JALSHA 251 BENGALI GEC PAY 47 ZEE BANGLA 252 BENGALI GEC PAY 48 COLORS -
Chellomedia Overviewvf.Pdf
Chellomedia Overview June 2013 Company Overview • Chellomedia produces and distributes channels in over 125 countries and 27 languages – Reaches over 375M TV households in EMEA and Latin America • Owns 48 channels and has 20 channel JVs with third parties including CBS, Pulsat and Zon Multimedia1 – Includes brands across lifestyle, entertainment, movies, sports and dramas • Serves as the international content division of Liberty Global (“Liberty”), an approximately $45BN in enterprise value, public company – Considers Chellomedia non-core and is starting an auction sales process CY 2013E TV Revenue by Geography CY 2013E TV Revenue by Genre Other Lifestyle 13% 12% Sports Netherlands Czech 23% 21% 3% Entertainment 8% Poland 7% Portugal Hungary 8% 13% Childrens 15% LatAm Movies 12% Spain 32% Factual UK 13% 9% 10% Source: Preliminary financials based on estimated or proprietary information provided by investment banks 1 Channel count and data as of 31-Dec-2012 2 Business Units 3 Operator of global Largest Leading Pay-TV Provider of Provider of play- Provider of Pay- thematic channels independent channels provider premium channels out services, TV TV channels in channel operator across the CEE in the Netherlands distribution and Latin America in Spain & region content delivery Channels Portugal and JVs1 17 Channels 22 Channels 13 Channels 4 Channels 12 Channels (of which 8 (of which 7 (of which 1 (of which 4 through JVs) through JVs) through JV) through JVs) JV Partners Miami/Buenos Headquarters London Madrid Budapest Amsterdam Amsterdam Aires -
UPDATED LIST of PAY CHANNELS.Xlsx
COMPLETE LIST OF A-La-Carte CHANNELS AS PER NTO AGREEMENTS. S.No. CHANNEL NAME AGGREGATOR NEW MRP 19X M 9X MEDIA PVT. LTD 3.00 2 ABP ANANDA ABP NEWS NETWORK PVT. LTD 5.00 3 ABP MAJHA ABP NEWS NETWORK PVT. LTD 5.00 4 BBC WORLD BBC GLOBAL NEWS INDIA PVT. LTD 1.00 5 BTVI BUSINESS BROADCAST NEWS PVT. LTD 3.00 6 TRAVEL XP TAMIL CELEBRITIES MANAGEMENT PVT. LTD. 3.75 7 TRAVEL XP CELEBRITIES MANAGEMENT PVT. LTD. 6.00 8 HD TRAVEL XP CELEBRITIES MANAGEMENT PVT. LTD. 18.00 9 DISCOVERY JEET DISCOVERY COMM INDIA PVT. LTD 1.00 10 DISCOVERY SCIENCE DISCOVERY COMM INDIA PVT. LTD 1.00 11 DISCOVERY TURBO DISCOVERY COMM INDIA PVT. LTD 1.00 12 ANIMAL PLANET DISCOVERY COMM INDIA PVT. LTD 2.00 13 HD DISCOVERY JEET DISCOVERY COMM INDIA PVT. LTD 2.00 14 TLC DISCOVERY COMM INDIA PVT. LTD 2.00 15 HD ANIMAL PLANET WORLD DISCOVERY COMM INDIA PVT. LTD 3.00 16 HD TLC WORLD DISCOVERY COMM INDIA PVT. LTD 3.00 17 DISCOVERY KIDS DISCOVERY COMM INDIA PVT. LTD 3.00 18 D SPORT DISCOVERY COMM INDIA PVT. LTD 4.00 19 DISCOVERY CHANNEL DISCOVERY COMM INDIA PVT. LTD 4.00 20 DISCOVERY CHANNEL TAMIL DISCOVERY COMM INDIA PVT. LTD 4.00 21 HD DISCOVERY WORLD DISCOVERY COMM INDIA PVT. LTD 6.00 22 BINDASS DISNEY BROADCASTING INDIA LTD. 1.00 23 UTV ACTION DISNEY BROADCASTING INDIA LTD. 2.00 24 UTV MOVIES DISNEY BROADCASTING INDIA LTD. 2.00 25 DISNEY JUNIOR DISNEY BROADCASTING INDIA LTD. -
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 -
List of Bouquet Available on Dishtv Platform
List of Bouquet available on DishTV Platform Bouquet Broadcaster Bouquet Name Options Channel Price (Rs.) Discovery Communications India SD Bouquet 2 –INFOTAINMENT + SPORTS PACK Animal Planet 7 Discovery Channel Discovery Kids DSPORT TLC SD Bouquet 3 – INFOTAINMENT PACK Animal Planet 7 Discovery Channel Discovery Science Discovery Turbo Jeet Prime TLC SD Bouquet 7 – INFOTAINMENT (TAMIL) PACK Animal Planet 7 Discovery Channel Discovery Science Discovery Tamil Discovery Turbo Jeet Prime TLC HD Bouquet 1 – BASIC INFOTAINMENT HIGH DEFINITION PACK Animal Planet HD World 10 Discovery HD World Discovery Kids Discovery Science Discovery Turbo DSPORT Jeet Prime TLC HD WORLD HD Bouquet 2 – INFOTAINMENT + SPORTS HIGH DEFINITION PACK Animal Planet HD World 9 Discovery HD World Discovery Kids DSPORT TLC HD WORLD HD Bouquet 3 – INFOTAINMENT HIGH DEFINITION PACK Animal Planet HD World 9 Discovery HD World Discovery Science Discovery Turbo Jeet Prime TLC HD WORLD HD Bouquet 4 – KIDS INFOTAINMENT HIGH DEFINITION PACK Animal Planet HD World 8 Discovery HD World Discovery Kids TLC HD WORLD SD Bouquet 1 – BASIC INFOTAINMENT PACK Animal Planet 8 Discovery Channel Discovery Kids Discovery Science Discovery Turbo DSPORT Jeet Prime TLC SD Bouquet 4 – KIDS INFOTAINMENT PACK Animal Planet 6 Discovery Channel Discovery Kids TLC SD Bouquet 5 – BASIC INFOTAINMENT (TAMIL) PACK Animal Planet 8 Discovery Channel Discovery Kids Discovery Science Discovery Tamil Discovery Turbo DSPORT Jeet Prime TLC SD Bouquet 6 – INFOTAINMENT + SPORTS (TAMIL) PACK Animal Planet 7 Discovery Channel Discovery Kids Discovery Tamil DSPORT TLC SD Bouquet 8 – KIDS INFOTAINMENT (TAMIL) PACK Animal Planet 6 Discovery Channel Discovery Kids Discovery Tamil TLC Disney Broadcating (India) limited Kids Bouquet Disney Channel 12 Disney Junior Hungama tv MARVEL HQ Universal Bouquet Bindass 10 Disney Channel Disney Junior Hungama tv *GST Extra. -
Den Family Sr. No. Channel Name EPG No. 1 STAR PLUS 101 2 LIFE OK 102 3 Colors 103 4 Zee TV 104 5 SONY 105 6 &Tv 106 7 Risht
Den Family Sr. No. Channel Name EPG No. 1 STAR PLUS 101 2 LIFE OK 102 3 Colors 103 4 Zee TV 104 5 SONY 105 6 &tv 106 7 Rishtey 107 8 Sony SAB 108 9 ZINDGI 109 10 ZEE ANMOL 110 11 SONY PAL 111 12 BIG MAGIC 112 13 BINDASS 113 14 Bindass Play 114 15 STAR UTSAV 115 16 ID 119 17 CHANNEL V 121 18 Dangal 123 19 Living Foodz 124 20 Etv bihar 126 21 Den snapdeal tv-shop 132 22 Shop CJ 133 23 HOME SHOP 18 134 24 Naaptol 135 25 DD UP 137 26 DD NATIONAL 138 27 DD rajasthan 139 28 DD MP 140 29 DD BIHAR 142 30 Sri Anandpur Sahib 143 31 Sri Dukhnivaran Sahi 144 32 Sri Shaheedan Sahib 145 33 Sri Singh Sabha Sahi 146 34 Sri Durgiana Mata Ma 147 35 Sri Kali Mata Mandir 148 36 Amrit Gurbani 149 37 Ek Onkar 150 38 Den cinema 152 39 Star Gold 161 40 Movies ok 162 41 SONY MAX 163 42 ZEE CINEMA 164 43 UTV MOVIES 165 44 B4U MOVIES 166 45 Sont MAX 2 167 46 ZEE CALSSIC 168 47 & PICTURE 169 48 ZEE ACTION 170 49 Naaptol Green 171 50 UTV ACTION 172 51 Rishtey Cineplex 173 52 Housefull movies 174 53 CINEMA TV 175 54 Housefull Action 179 55 Movie House 180 56 Star Utsav movie 181 57 Sony Wah 182 58 Enter 10 Movies 183 59 Den Movies 191 60 STAR WORLD 201 61 FX 202 62 COMEDY CENTRAL 204 63 ZEE CAFÉ 205 64 AXN 207 65 Colors Infinity 210 66 STAR MOVIES 231 67 HBO 232 68 STAR MOVIES ACTION 233 69 SONY PIX 234 70 ZEE STUDIO 235 71 FOX Life 256 72 TLC 257 73 DISCOVERY TURBO 258 74 NDTV Good times 259 75 Living Zen 265 76 FTV 269 77 CARE WORLD 277 78 Den snapdeal tv-shop 2 299 79 INDIA TV 301 80 ABP NEWS 302 81 ZEE NEWS 303 82 NEWS 24 304 83 AAJTAK 305 84 NEWS NATION 306 85 -
INDIAN OTT PLATFORMS REPORT 2019 New Regional Flavours, More Entertaining Content
INDIAN OTT PLATFORMS REPORT 2019 New Regional Flavours, more Entertaining Content INDIAN TRENDS 2018-19 Relevant Statistics & Insights from an Indian Perspective. Prologue Digital technology has steered the third industrial revolution and influenced human civilization as a whole. A number of industries such as Media, Telecom, Retail and Technology have witnessed unprecedented disruptions and continue to evolve their existing infrastructure to meet the challenge. The telecom explosion in India has percolated to every corner of the country resulting in easy access to data, with Over-The-Top (OTT) media services changing how people watch television. The Digital Media revolution has globalized the world with 50% of the world’s population going online and around two-thirds possessing a mobile phone. Social media has penetrated into our day-to-day life with nearly three billion people accessing it in some form. India has the world’s second highest number of internet users after China and is fully digitally connected with the world. There is a constant engagement and formation of like-minded digital communities. Limited and focused content is the key for engaging with the audience, thereby tapping into the opportunities present, leading to volumes of content creation and bigger budgets. MICA, The School of Ideas, is a premier Management Institute that integrates Marketing, Branding, Design, Digital, Innovation and Creative Communication. MICA offers specializations in Digital Communication Management as well as Media & Entertainment Management as a part of its Two Year Post Graduate Diploma in Management. In addition to this, MICA offers an online Post-Graduate Certificate Programme in Digital Marketing and Communication. -
Sr No Channel Ala-Carte MRP 1 SONY MARATHI 4.00 2 SAB TV
BOUQUET OF PAY CHANNELS FORMED BY THE BROADCASTER - SD CHANNELS SONY HAPPY INDIA PLUS (SD) Sr No Channel Ala-Carte MRP 1 SONY MARATHI 4.00 2 SAB TV 19.00 3 SET MAX 15.00 4 SONY 19.00 5 SONY PAL 1.00 39 6 MAX 2 1.00 7 SONY YAY 2.00 8 SONY WAH 1.00 9 SONY BBC EARTH 4.00 10 SONY TEN 3 17.00 SONY HAPPY INDIA PLATINUM (SD) Sr No Channel Ala-Carte MRP 1 SONY MARATHI 4.00 2 SAB TV 19.00 3 SET MAX 15.00 4 SONY 19.00 5 SONY PAL 1.00 6 MAX 2 1.00 7 SONY YAY 2.00 64 8 SONY WAH 1.00 9 SONY BBC EARTH 4.00 10 SONY TEN 3 17.00 11 SONY TEN 1 19.00 12 SET PIX 10.00 13 SONY TEN 2 15.00 14 SONY SIX 15.00 SONY HAPPY INDIA SPORTS (SD) Sr No Channel Ala-Carte MRP 1 SONY SIX 15.00 2 SONY TEN 1 19.00 39 3 SONY TEN 2 15.00 4 SONY TEN 3 17.00 Sony Happy India English (SD) Sr No Channel Ala-Carte MRP 1 SONY BBC EARTH 4.00 12 2 SET PIX 10.00 SONY HAPPY INDIA FOOTBALL 17 (SD) Sr No Channel Ala-Carte MRP 1 SONY BBC EARTH 4.00 2 SONY TEN 2 15.00 17 3 SONY SIX 15.00 4 SONY YAY 2.00 SVP MARATHI (SD) Sr No Channel Ala-Carte MRP 1 MOVIES OK 1.00 2 NGC 2.00 3 NGC WILD 1.00 4 STAR BHARAT 10.00 5 STAR GOLD 8.00 6 STAR PLUS 19.00 7 STAR PRAVAH 9.00 8 STAR SPORTS 1 HINDI 19.00 49 9 STAR SPORTS 2 6.00 10 STAR SPORTS 3 2.00 11 STAR SPORTS FIRST 1.00 12 STAR UTSAV 1.00 13 STAR UTSAV MOVIES 1.00 14 UTV MOVIES 2.00 15 BINDASS 1.00 16 UTV ACTION 2.00 SPP MARATHI (SD) Sr No Channel Ala-Carte MRP 1 MOVIES OK 1.00 2 STAR SPORTS 3 2.00 3 STAR SPORTS FIRST 1.00 4 STAR UTSAV 1.00 5 STAR UTSAV MOVIES 1.00 6 NGC 2.00 7 NGC WILD 1.00 8 STAR BHARAT 10.00 9 STAR GOLD 8.00 10 STAR PLUS 19.00 -
Hathway Recommended Pack
HATHWAY RECOMMENDED PACK KARNATAKA Prices are excluding taxes INFINITY HD MRP : ₹ 668 (142 PAY CHANNELS + KARNATAKA FTA) Total Pay Channels 78 SD + 64 HD (Excluding tax) LANG - GENRE CHANNEL_NAME SD/HD Bengali - Gec SONY AATH SD English - Gec STAR WORLD HD HD English - Gec STAR WORLD PREMIERE HD HD English - Gec ZEE CAFE HD HD English - Infotainment TLC HD HD English - Kids BABY TV HD HD English - Kids NICK JR SD English - Movie &FLIX HD HD English - Movie &PRIVE HD HD English - Movie HBO HD HD English - Movie MN+ HD HD English - Movie MNX HD HD English - Movie MOVIES NOW HD HD English - Movie ROMEDY NOW HD HD English - Movie SONY PIX HD HD English - Movie STAR MOVIES HD HD English - Movie STAR MOVIES SELECT HD HD English - Movie WB SD English - Music VH1 HD HD English - News BBC WORLD NEWS SD English - News CNBC TV18 SD English - News CNN INTERNATIONAL SD English - News CNN NEWS18 SD English - News ET NOW SD English - News INDIA TODAY SD English - News MIRROR NOW SD English - News NDTV 24X7 SD English - News NDTV PROFIT SD English - News TIMES NOW SD English - News TIMES NOW WORLD HD HD English - Sports EUROSPORT HD HD Hindi - Gec &TV HD HD Hindi - Gec BIG MAGIC SD Page 1 of 98 Hindi - Gec COLORS HD HD Hindi - Gec COLORS RISHTEY SD Hindi - Gec INVESTIGATION DISCOVERY HD HD Hindi - Gec SONY HD HD Hindi - Gec SONY PAL SD Hindi - Gec SONY SAB HD HD Hindi - Gec ZEE ANMOL SD Hindi - Gec ZEE TV HD HD Hindi - Infotainment HISTORY TV18 HD HD Hindi - Kids CARTOON NETWORK SD Hindi - Kids NICK SD Hindi - Kids NICK HD+ HD Hindi - Kids POGO SD Hindi -
Broadcaster Pay Channel with DRP (Excl. GST) S.No
Broadcaster Pay Channel with DRP (excl. GST) S.No. Channel Name Broadcaster Genre DRP (Rs.) 1 Zee TV Zee Entertainment Enterprises Ltd General Entertainment 19.00 2 &TV Zee Entertainment Enterprises Ltd General Entertainment 12.00 3 Zee Anmol Zee Entertainment Enterprises Ltd General Entertainment 0.10 4 Big Magic Zee Entertainment Enterprises Ltd General Entertainment 0.10 5 Zee Cinema Zee Entertainment Enterprises Ltd Movies 19.00 6 &pictures Zee Entertainment Enterprises Ltd Movies 10.00 7 Zee Bollywood Zee Entertainment Enterprises Ltd Movies 2.00 8 Zee Action Zee Entertainment Enterprises Ltd Movies 1.00 9 Zee Anmol Cinema Zee Entertainment Enterprises Ltd Movies 0.10 10 Zee News Zee Entertainment Enterprises Ltd News & Current Affairs 0.10 11 Zee Hindustan Zee Entertainment Enterprises Ltd News & Current Affairs 0.10 12 Zee Business Zee Entertainment Enterprises Ltd News & Current Affairs 0.10 13 Living Foodz Zee Entertainment Enterprises Ltd Infotainment 1.00 14 Zee ETC Zee Entertainment Enterprises Ltd Music 0.10 15 Zing Zee Entertainment Enterprises Ltd Music 0.10 16 Zee Salaam Zee Entertainment Enterprises Ltd News & Current Affairs 0.10 17 Zee Café Zee Entertainment Enterprises Ltd General Entertainment 15.00 18 &flix Zee Entertainment Enterprises Ltd Movies 15.00 19 WION Zee Entertainment Enterprises Ltd News & Current Affairs 1.00 20 Zee Marathi Zee Entertainment Enterprises Ltd General Entertainment 19.00 21 Zee Talkies Zee Entertainment Enterprises Ltd Movies 12.00 22 Zee Yuva Zee Entertainment Enterprises Ltd General Entertainment -
Tata Sky Packs: Pack Name DRP + NCF + Tax Hindi Bachat ₹ 179.00
Tata Sky Packs: - Channels and prices are subject to change - DRP: Distributor Retail Price, per month - NCF: Network Fee applicable on subscribing to the pack on a stand-alone basis - Pack lock-in duration: 1 day - Refer to Annexure 1 for the latest updates Pack Name DRP + NCF + Tax Hindi Bachat ₹ 179.00 SD Channels & Services 31 HD Channels & Services 0 Total Channels & Services 31 Channel/Service Name SD/HD Genre Zee Anmol SD Hindi Entertainment Big Magic SD Hindi Entertainment Star Bharat SD Hindi Entertainment Star Utsav SD Hindi Entertainment Sony Pal SD Hindi Entertainment Colors Rishtey SD Hindi Entertainment Star Utsav Movies SD Hindi Movies Zee Anmol Cinema SD Hindi Movies Colors Cineplex SD Hindi Movies Sony Wah SD Hindi Movies Zee News SD Hindi News Zee Hindustan SD Hindi News Zee Business SD Hindi News News18 Punjab Haryana Himachal SD Hindi News News18 India SD Hindi News Big Ganga SD Hindi Regional Zee Bihar Jharkhand SD Hindi Regional Zee Madhya Pradesh Chattisgarh SD Hindi Regional Zee Rajasthan News SD Hindi Regional Zee Uttar Pradesh Uttarakhand SD Hindi Regional News18 Bihar Jharkhand SD Hindi Regional News18 Uttar Pradesh Uttarakhand SD Hindi Regional News18 Madhya Pradesh Chhattisgarh SD Hindi Regional News18 Rajasthan SD Hindi Regional Zee ETC SD Music Zing SD Music Star Sports First SD Sports Zee Salaam SD Others Aaj Tak SD Hindi News Aaj Tak Tez SD Hindi News &TV SD Hindi Entertainment Pack Name Pack DRP + Tax DRP + NCF + Tax Hindi Smart ₹ 130.04 ₹ 249.00 SD Channels & Services 34 HD Channels & Services 0 Total -
Zee Entertainment Refer to Important Disclosures at the End of This Report
India Equity Research | Media & Entertainment August 18, 2020 Result Update Zee Entertainment Refer to important disclosures at the end of this report Consistency and delivery will win back trust CMP: Rs 174 TP: Rs 190 (▲) Rating: HOLD (▲) Upside: 9.5 % as of (August 18, 2020) 12 months Change in Estimates We appreciate your support in the Asiamoney Brokers Poll 2020 EPS Chg FY21E/FY22E (%) (12.8)/- Target Price change (%) 39.0 . Z IN posted poor operating performance, with EBITDA declining 67% yoy, accentuated by Target Period (Months) 12 higher-than-expected opex. Advertising revenues fell 65% yoy, while domestic Previous Reco SELL subscription revenues surprised once again by rising 6% yoy, driven by ZEE5. Emkay vs Consensus . Management expects ad revenues to bounce back from H2FY21. Conversely, subscription EPS Estimates revenue is anticipated to moderate, due to an inability to effect price hikes. While the FY21E FY22E viewership share has eroded meaningfully during the lockdown, it is starting to reverse. Emkay 11.3 16.8 . The company has improved disclosures with quarterly balance sheet, standardized ZEE5 Consensus 12.5 16.8 metrics and strengthened corporate governance policies. Consistent FCF generation is Mean Consensus TP (12M) Rs 169 key for sustained re-rating given the underperformance in the recent past. Stock Details . We remain watchful of timely subscription receivables from Dish and Siti, and investments Bloomberg Code Z IN in Sugarbox. The improvement in disclosures and policies, along with corrective steps, is Face Value (Rs) 1 leading us to upgrade Z IN to Hold with a revised TP of Rs190 (11x Sep’22E EPS).