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NDTV Narrows Losses With Cost Control; Revenues Down 6%Broadcaster NDTV Ltd today posted a standalone net loss of Rs11.85 crore for the three months ended 30 September, down 9.12% year-on-year. Total revenue fell 6.16% y-o-y to Rs69.35 crore. Total expenditure was lower by 13.18% at Rs78.15 crore. Subscription revenue grew 23% y-o-y, the company said... |
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Vdopia Raises $4 Million In First Round; Names New CEOVdopia, a fast-growing video ad network startup, has raised $4 million in a first round of funding from Nexus Venture Partners; in conjunction with the funding, Vdopia has also announced the appointment of Rohit Sharma as CEO. Co-founder Chhavi Upadhyay tells us that the two-year-old company&mdas... |
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Sun TV Net Up 21% On Strong Ad Sales GrowthChennai-headquartered Sun TV Network Ltd today said net profit for the quarter ended 30 September was at Rs130.56 crore, up 21% year-on-year. Revenues grew 35% y-o-y to Rs320.39 crore. For the half year ended 30 September, net profit rose 18.74% to Rs250.36 crore. The company operates 20 tele... |
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Dish TV Losses Down 63% Y-O-Y On Strong Sales GrowthDirect-to-home service provider Dish TV today posted a net loss of Rs56.13 crore for three months ended 30 September, down 63% year-on-year on a nearly 50% growth in sales. Revenues for the first half of the fiscal were at Rs504.18 crore, up 49% y-o-y. During the quarter under review, the compa... |
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Jagran Prakashan Net Up 120%; Ad Revenues Up 20%Publisher Jagran Prakashan Ltd posted net profit of Rs50.27 crore for the quarter ended 30 September, up 120% from the year-ago period on strong growth in ad revenues. While ad revenues were up 19.45% year-on-year at Rs171.6 crore, subscription revenues grew 15.06% y-o-y to Rs54.28 crore. Reven... |
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Climax To NDTV Imagine Swayamvar: Time Warner Close To Buying Nearly 90% StakeTurner Broadcasting, a unit of Time Warner (NYSE: TWX), is close to acquiring a “very high level of holding” in general entertainment channel NDTV Imagine, according to a person familiar with the development, who asked not to be named. Turner could buy an 80-90% stake in the GEC, the ... |
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