The IBF Board also elected Rajat Sharma (Chairman, India TV), NP Singh (CEO, Sony Pictures Network), Sudhanshu Vats (Group CEO, Viacom 18), K Madhavan (Managing Director, Asianet Communications) as Vice-Presidents; and KVL Narayan Rao (Executive Vice-Chairperson, NDTV) as the Treasurer of the Foundation for a period of one year
MIPTV, the world’s leading market event for the international TV industry, today announced that it will honour the top leaders of India’s most valuable listed entertainment entity, Zee Entertainment Enterprises Limited (ZEEL). Punit Goenka, Managing Director & CEO, and his brother Amit Goenka, CEO - International Broadcast Business, will be awarded MIPTV Médailles d’Honneur in a ceremony taking place in Cannes, France on Wednesday 6 April 2016.
Advertising revenues for the quarter stood at Rs 941.9 crore, recording a growth of 26.8% over Q3 FY15. During the quarter, domestic advertising revenues stood at Rs 860.7 crore while international advertising revenues stood at Rs 81.2 crore. Operating profit (EBITDA) for the quarter stood at Rs 430.2 crore and EBITDA Margin stood at 27.0%. Profit after Tax (PAT) for the quarter ended December 31, 2015 was Rs 274.4 crore and PAT Margin stood at 17.2%.
The IBF Board also re-elected Punit Goenka, Managing Director, Zee Media Corp, N.P. Singh, CEO, Multi Screen Media, Rajat Sharma, Chairman, India TV, as IBF Vice Presidents, and Rahul Johri, Executive Vice President and General Manager, South Asia, Discovery Networks Asia-Pacific, as IBF Treasurer