Corrigendum: This article, in its previous form, had incorrect data presented for FY08. The chart below and the post have been edited to reflect this correction. Thanks for pointing it out in the comments. BookMyshow, the online ticketing venture from Big Tree Entertainment, in which Network18 owns a majority 60% share (read terms of the acquisition here), has consistently grown revenues over the last three years, emerging as one of the key businesses in the movie ticketing space in India. However, it is yet to turn a profit, if data for Big Tree Entertainment, provided in Network18's annual report is anything to go by: while revenue increased 127.9% from Rs 7.06 crore in FY08 to Rs 16.09 crore in FY11, losses reduced to Rs 0.41 crore from Rs 4.97 crore over the same four year period. A couple of quarters ago, Network18 had said that the BookMyShow had reported an EBITDA profit for the quarter. Note that we don't know how BookMyShow accounts its revenues - whether it is accounting gross revenues inclusive of ticket sales, or only the commissions earned. Either way, for the market leader in movie ticketing, these are small numbers. Data Source: BookMyShow Financials Share data sources with us: contact nikhil@medianama.com Advertise: To advertise on Chart of the Day, contact sales@medianama.com. Daily and segment-wise options available.
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
News
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
Advert
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
News
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
News
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...