wordpress blog stats
Connect with us

Hi, what are you looking for?

Eros’ digital and ancillary business jumps 60.43% to $14.6 million in Q2FY16

Eros International has reported digital & ancillary revenues of $14.6 million for the quarter ended September 30, 2015, registering a huge jump of 60.43% from $9.1 million in the same quarter last year.  The segment accounted for 14.8% of Eros International’s quarterly revenues that was at $98.8 million for the quarter, up 97.9% year-on-year (YoY). In comparison, the segment had accounted for 20.9% of Eros International’s revenues in the same quarter last year, but total revenues stood at $49.9 million. Eros’s digital businesses include its video on demand service Eros Now, its YouTube channel, and more significantly, it’s distribution via cable based VoD services called “Bollywood Hits On Demand” with Cox, Rogers, Cablevision and Time Warner, apart from services in the UK and Middle East. Theatrical revenues: Theatrical revenues increased to $61 million for the quarter, from $17.2 million revenues in the same quarter last year. However, note that these revenues are significantly dependent on number of film releases in a quarter, so it’s perhaps not right to do a quarter on quarter comparison for the company. The company had released three high budget movie, three medium budget movies and 14 low budget movies during the quarter as against three medium budget movies, 17 low budget movies and one high budget movie in the same quarter last year. The segment however accounted for 61.7% of Eros International’s quarterly revenues, up from 34.5% contribution in the same quarter last year. Television syndication revenues: The television syndication revenues were at $23.2 million for the quarter, down marginally from $23.6 million in the same quarter last year. The segment accounted for 23.5% of the Eros International’s quarterly revenues,…

Please subscribe/login to read the full story.
Written By

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

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

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...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ