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Network18 Digital Commerce Revenues At Rs 81.9 Crore, Content At Rs 28.4 Crore For Q4-FY13

Coming off a strong festive season, Network18's Digital Commerce revenues declined only marginally (around 3%) at Rs 81.9 crore for the quarter ended March 31st 2013 (Q4-FY13), down from Rs 84.4 crore the previous quarter. Given how lop sided commerce can be in favor of the festive season, they've done quite well; year on year, Network18 showed strong growth in its commerce business, with revenues up 126.87% from Rs 36.10 crore reported for Q4 last year. It’s not clear if this is the combined revenue of HomeShop18 and BookMyShow, since there is no break up for digital commerce revenues provided for the quarter. Combined revenues for the quarter from Digital Content and Commerce were Rs 110.4 crores, registering a growth of 200%, over the corresponding quarter last year (adjusted for the sale of Newswire18). Digital Content Business Network18's Digital Content operations…

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Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

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