Reliance Mediaworks Financials Reliance ADAG group's Reliance Mediaworks, previously Adlabs, has reported a consolidated net loss of US$ 2.3 million for the quarter ending September 2009 better than the previous quarter loss of US$ 13.6 million. Film and Media Service's revenue increased by 64 percent to US$ 10 million compared to the last quarter and revenues from BIG Synergy, television production venture, and BIG Cinemas were US$ 6.25 million and US$ 24 million respectively. As a standalone, total income was reported to be US$ 23 million almost US$ 10 million more compared to income ending June 2009 . EBITDA as reported was US$7.2 million as against the loss of US$ 1.8 million in the last quarter. Business Operations BIG Cinemas at present has a network of 480 screens across India, Malaysia and Netherlands and also reopened Odeon Theatre in Connaught Place, New Delhi as Odeon BIG Cinemas. Reliance Mediawork's Film and Media Services, launched film cameras and equipment rental services in India. BIG Synergy, TV venture, produced five non-fiction shows for various TV channels in India. Details: Release | Financials Related --Reliance ADAG Infuses $325M Into Dreamworks; First Movie In 2010; IPO? --FY09: Adlabs Films Posts Rs.513.7M In Losses; Big Cinemas To Expand Compact Disc India CDI announced a Net Profit of Rs. 128.4 million for the second quarter 2009 and also has announced that it will invest US$ 3 million in CDI Media LLC, a wholly owned subsidiary in USA to set up pre-production animation studio at Los Angeles. Revenue…
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