UTV New Media has reported a turnover of Rs. 150.13 million, and a loss after tax of Rs. 7.77 million for the full year ending 31st March 2009. According to the company, the primarily due to its websites, revenues from New Media segment amounted to around Rs. 180 million for the year ended March 31, 2009 and with a loss of Rs. 45 million for the period. Of this revenue, Rs. 173.21 million was from India, while Rs. 7.05 million was from abroad. According to its 2008-09 annual report released today by the company IT Nation has reported a turnover of Rs. 30.13 million, and a loss after tax of Rs. 56.55 million. UTV New Media: Content Rights UTV New Media has a library of almost 15,000 songs, including music rights for movies like Akshay Kumar starrer Singh is King, Jodha Akbar and Rajnikant starrer Tamil movie called Kuselan. They've also got digital rights for a Hindi movie called Cheenti Cheenti Bang Bang and Bad Luck Govind, and acquired an independent album from Sonu Nigam called Rafi Resurrected. Regional content includes three Kannada Movies, two Telugu movies and a movie from Haryana, as well as Mittail and Poi Solla Poram which is the Tamil remake of UTV’s Khosla ka Ghosla. The company also acquired acquired digital rights for a 10-12 Tamil language films and a Bengali catalogue. UTV New Media also manages all SMS and IVRS services for UTVi. For the coming year, UTV intends to strengthen synergies with group businesses for smooth deployment of UTV content over web and mobile, for…
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