Top Story


Home >> Media - TV >> Article

Network18 Q3 net increases to Rs 82.77 cr

Font Size   16
Network18 Q3 net increases to Rs 82.77 cr

Network18 Media and Investments announced its consolidated Q3 results on January 27, 2011. The company’s consolidated net profit increased to Rs 82.77 crore for the third quarter ended December 31, 2010, as against a net loss of Rs 54.51 crore for the same period last fiscal.

The company’s revenue stood at Rs 405.58 crore for the reported quarter as against Rs 370.11 crore for Q3 FY10. Network18 profit for the quarter included a one-time gain of Rs 95.14 crore from the acquisition of The Indian Film Company (TIFC).

The company’s revenues from Television18 India were recorded at Rs 147 crore, while IBN18 registered revenue of Rs 236 crore for the reported quarter. Revenues from Homeshop18, TIFC and others stood at Rs 52 crore.

Tags Q3 results

NP Singh, CEO of Sony Pictures Networks India, talks of SPN’s growth drivers, pay wall for content, sharing IP and more…

The future of the industry will be 1:1 advertising as traditional channels, like television, become more addressable: Bryan Kennedy, Epsilon

The Founder of Pocket Aces shared his insights on how the consumption of content has evolved and how digital media is growing as the preferred medium of entertainment.

The production house has already established itself as the leader in the non-scripted genres. However, Rege now wants Endemol to achieve the same in the original scripted zone and film production

A look at the South Indian movies which boosted the viewership of certain channels in week 45 (November 4-10)

The Indian advertising industry currently stands at Rs. 56,398 crore, predicted to grow at a rate of 14 per cent by 2017

Naidu also talks about the ushering in of a new era of digital payments and says this is just the beginning and there’s lots of space for newer players to step in and evolve