While Sify a bulk of Sify's revenues now come from the enterprise segment rather than the consumer segment, specialty media house CyberMedia appears to be leaning more towards the Media Services space than the Media business. This is apparent from revenue split, which indicates the growing dominance of the Media Services business - at 51 percent, up from just 32 percent for the same quarter last year. CyberMedia has reported a consolidated operating income of Rs. 32.9 crores, up from Rs. 22.89 crores for the same quarter last year; CyberMedia India accounts for just Rs. 14.86 crores of this operating income on a standalone basis, up marginally from Rs. 14.44 crores for the same quarter last year. The Media Business CyberMedia has recently tied up with MIT's Technology Review Inc to bring the EmTech Conference to India (focused on Emerging Technologies) to India - and also launch the Technology Review magazine. The conference will be held in early 2009, and the magazine will be launched at the conference. For CyberMedia India (standalone), this segment has contributed Rs. 14.93 crores to revenues, at a profit before tax of Rs. 1.47 crores, down significantly from Rs. 2.28 crores for the same quarter last fiscal. Historically, Print has been the dominant component of revenues in the Media segment - which consists of Print, Online and Events. An increase in the newsprint cost appears to be a key issue. However, there very little mention of online business. CyberMedia has 15 publications, 12 websites, an…
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