NDTV cuts YOY loss from Rs 22 cr to Rs 15 cr
NDTV Group has reported total revenues of around Rs 108 crore for Q2 FY13; NDTV Convergence’s revenue grows by more than 60 per cent
NDTV Group has reduced its year-on-year loss from Rs 22 crore to Rs 15 crore in the second quarter ended September 30, 2012. The Group has reported total revenues of around Rs 108 crore for Q2 FY13.
The Q2 FY13 revenue of NDTV Convergence, which operates the Internet and mobile business of the Group, grew by more than 60 per cent over the same quarter last year.
NDTV has launched a major new application, NDTV Play, during October exclusively with Windows 8 for video consumption. NDTV Play allows for simultaneous live streams from all four NDTV channels. Users can create their own rundowns with any of the NDTV videos. In addition, older episodes of all programmes are available.
Meanwhile, during the second quarter, NDTV 24x7’s profitability doubled on the back of robust growth in revenues, while the sale of Metro Nation Chennai was successfully concluded.
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)For more updates, be socially connected with us on
Instagram, LinkedIn, Twitter, Facebook & Youtube