Professional Documents
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Monitoring industry and company developments in the Indian media and entertainment industries
| Monthly newsletter | Issue No. 15, Published 1st December 2009 | Published by Heernet Ventures Limited (heernet.com) | Subscribe at G2Mi.com |
News
Dish TV sold its 11% stake to Apollo Management Radio audience analysis
NDTV Group sells stake in NDTV Lifestyle to Scripps Telecom data analysis
Networks Interactive IRS readership data
ChannelPush launched retail portal, Egully.com
TradeIndia launched DialB2B service For an initial discussion, contact Harjinder Singh
Singh-Heer
Data on +44 (0) 208 180 7223 or by email on
harjinder@heernet.com.
inder@heernet.com.
Share price data
Deal Sheet
Popular Prakashan partners with Italian publisher, Rediff launches Diamond Comics for Mobiles
De Agostini
11 November 2009
13 November 2009
The comic publisher, Diamond Comics is launching mobile
Popular Prakashan, an Indian publishing company, entered versions of a number of titles, including Chacha Chaudhary,
into a licencing agreement with the Italian publisher, Panchatantra, Tenalirama, Akbar Birbal, Ramayan &
DeAgostini to launch a children’s book series, I GET IT! in Mahabharat. The user is charged INR 10 for a 24 hour
Andhra Pradesh. Popular Prakashan publishes and sells session and has unlimited access to the comics library.
books in Medicine, Social Sciences, Culture and Women’s Diamond Comics is one of the leading comics publishing
Studies. It publishes in English, Marathi, Kannada, Hindi, group in India.
Bengali and Konkani. DeAgostini is a diversified media
company involved in publishing, broadcasting, gaming and
lotteries. 9.9 Media launches higher education magazine
11 November 2009
PVR acquired DT Cinemas
The publisher, 9.9 Mediahas launched EDU, a monthly
13th November 2009 magazine for India’s higher education sector. The magazine
has a cover price of INR 50. 9.9 media operates in
The Indian multiplex operator, PVR Cinemas has acquired
publishing magazines, film studios, digital media, speaker
DT Cinemas for INR 202 million. DT Cinemas is the
bureau and investment in media related businesses.
multiplex operation of the Indian real estate company, DLF
Group. After this acquisition, PVR will have 137 screens in
total. PVR has also sold a 10% stake to the Thailand based Association of Indian Magazines appoints Pradeep
entertainment company Major Cineplex Group for INR 420 Gupta as President
million. Major Cineplex is a Thailand based company which
10 November 2009
primarily operates in movie theaters in Thailand (operates
258 screens in 32 locations). Association of Indian Magazines has appointed Pradeep
Gupta as the President, Tarun Rai as the Vice President and
Mitrajit Bhattacharya as the General Secretary. Pradeep
Indian Information and Broadcasting ministry
Gupta is the Chairman of Cybermedia Group, Tarun Rai is
proposes to increase FDI limit in FM radio
the CEO of Worldwide Media and Mitrajit Bhattacharya is
12th November 2009 the President and Publisher of Chitralekha.
Indian Ministry of Information and Broadcasting has
proposed a number of changes to regulation of the radio
Media Matrix announced financials for H1 2009
sector. These include increasing the FDI limit in FM radio
th
from 20% to 26%, giving a 50% concession in license fees 9 November 2009
for the first three years of operations to radio operators who Media Matrix, Indian Media company, has announced its
take a license for rural areas. Other proposals include a financial results for the first half year ended September
proposal to let FM radio stations broadcast news from All 2009. The company generated revenue of INR 78.3 million
India Radio and local content on weather and travel. in H1 2009, a decrease of 14.6% from H1 2008.
Presently, there are 248 FM radio stations in India, operating
in 86 cities. The proposals willl be reviewed by the Indian
government in early 2010. INR millions H1 2008 H1 2009 % Change
Media Metrix, an India based company, primarily operates JMD Telefilms Industries announced its financial results for
in providing in-house facilities like animation setup, video the first half of year ended September 2009. The company
production and editing. has generated revenue of INR 316 million in H1 2009, an
increase of 0.3% from H1 2008.
Turner International plans to acquire 75% in NDTV INR millions H1 2008 H1 2009 % Change
Imagine
Revenue 315.1 316.0 0.3%
5th November 2009
EBITDA 3.1 7.5 140.1%
Net
Turner International India (Indian subsidiary of Time Profit/loss 1.7 5.0 197.6%
Warner) plans to acquire a 75% stake in NDTV Imagine,
NDTV’s general entertainment channel. Source: Company website
Sandesh Ltd, an India based company, primarily operates in Reliance Communication enters into an agreement
regional newspaper publishing. It publishes gurajati daily, with 3RD Space
Sandesh in five editions in Gujarat. 23rd November 2009
BAG Films and Media has planned to raise US$ 30 million Sequoia Capital and First Mark Capital invest
through issue of global depository receipts and Foreign USD13 million in IMI Mobile
currency convertible bonds. Bag Media is a leading 17 November 2009
television and film production company.
Sequoia Capital and First Mark Capital have invested USD
13 million in Hyderabad based mobile value added services
Telecoms (VAS) company, IMI Mobile. The company is planning to
grow by acquisition in Europe and the USA. IMI Mobile
Russian government plans to acquire 20% stake in
Sistems-Shyam provides value added services to and has operations in Asia,
th
Africa, Europe, Latin America and the Middle East.
24 November 2009
Russian government has got approval from India’s Essar Telecom, the Indian telecom company has entered into
commerce ministry and now the proposal has been an agreement to acquire majority stake in Dhabi Group’s
forwarded to Foreign Investment Promotion Board of India telecom assets in Uganda and Congo. Dhabi group is a
for approval. Sistema–Shyam has recently launched mobile UAE based telecom company. Essar has a 33% stake in
services in India under the brand ‘MTS’. Sistema is a Vodafone Essar. Dhabi Group has investments in a number
diversified company based in Russia and holds 74% stake in of emerging markets including Uganda, Iran and
Sistema- Shyam . Shyam telecom is an Indian telecom Bangladesh.
company having 26% stake in Sistema- Shyam.
BSNL enters into agreement with Dilithium in HomeShop18. This agreement is partly a response to the
10th November 2009 joint venture formed between Star India and CJ Home
Shopping of Korea. GS Home Shopping, a South Korea
The telecoms operator Bharat Sanchar Nigam Limited based company, is a leading online retailing
retai company which
(BSNL) has entered into an agreement with the mobile video provides home shopping network through television, internet
infrastructure solutions provider, Dilithium for the provision and SHOP catalogue. Network 18, an India based company,
of mobile video streaming services over BSNL’s 2G and 3G is a leading diversified media company which operates in
networks. Dilithium is a USA based company which offers television, print, internet, filmed entertainment, mobile
mobile video infrastructure solutions in close to 60 content and allied businesses.
countries. It has approximately 120 customers and 1.5
billion subscribers.
Internet
Contact details: Tel: +44 (0) 208 180 7223 | Email: service@g2mi.com | Offices in London and Gurgaon (India)
Diversified Media
Reliance MediaWorks Ltd ADLF.BO ADLF:IN INR
UTV Software Communications UTVS.BO UTV:IN INR 450.00 6.30 16.4 84.40
Broadcasting
Balaji Telefilms BLTE.BO BLJT:IN INR 51.85 -17.30 -7.90 -15.14
Entertainment Network India ENIL.BO ENIL:IN INR 191.00 -4.50 -3.05 80.19
ETC Network ETNT.NS ETCN:IN INR 161.50 13.65 44.20 156.35
IBN Broadcast IBN.NS IBN18:IN INR 89.50 -2.24 -28.00 -13.94
NDTV NDTV.BO NDTV:IN INR 133.60 -10.96 -21.13 77.90
Sun TV SUTV.BO SUNTV:IN INR 321.00 -2.73 25.88 153.75
TV Today Network TVTO.NS TVTN:IN INR 119.25 28.64 10.93 116.62
Zee Entertainment ZEE.NS Z:IN INR 259.25 5.43 44.79 127.81
Zee News ZEEN.NS ZEE:IN INR 58.75 10.64 28.00 113.25
Publishing
Deccan Chronicle DCHL.BO DECH:IN INR 149.70 4.61 94.42 234.15
Mid Day Multimedia MIDD.BO MIDM:IN INR
Navneet Publication NAVN.BO NPI:IN INR 38.00 0.52 31.94 135.15
HT Media HTML.BO HTML:IN INR 135.60 5.48 20.00 100.89
Jagran Prakashan JAGP.BO JAGP:IN INR 116.05 -2.52 63.45 136.35
Entertainment
K Sera Sera Productions KSER.BO GPM:IN INR 13.25 -35.84 -4.33 -5.36
Mukta Arts MUKR.BO MUKR:IN INR 45.50 -12.58 -9.54 5.08
Prime Focus PRFO.BO PRIF:IN INR 194.75 -8.85 3.48 6.60
Pritish Nandy Communications PNCL.BO PRTN:IN INR 31.40 -6.27 4.67 85.80
Pyramid Saimira Theatre Limited PYSA.BO PSTL.IN INR 17.25 -29.59 -33.78 -55.71
Crest Animation CRCO.BO CRSA:IN INR 57.80 10.10 129.37 176.56
PVR Limited PVRL.BO PVRL:IN INR 144.65 7.0 30.32 96.27
Internet
Info Edge INED.BO INED:IN INR 806.40 14.19 18.94 98.77
Northgate Technologies NOTC.BO NORT:IN INR 30.85 -12.85 -27.50 -45.11
as on 27/11/09
Deal Sheet
Nov-09 Television Apollo Dish TV 11% stake for Apollo Management is a US based PE Firm.
Management US$ 100 million Dish TV is a DTH company owned by Essel
group.
Nov-09 Broadcasting Scripps Networks NDTV Lifestyle 69% stake for Scripps Networks is a US based media group.
US$ 55 million NDTV Lifestyle is fashion channel of India
owned by NDTV.
Nov-09 Filmed PVR DT Cinemas INR 560 million PVR is an Indian Multiplex chain. DT Cinemas
entertainment is a multiplex chain, wholly owned by DLF.
Nov-09 Filmed Major Cineplex PVR 10% stake for Major Cineplex Group is a Thailand based
entertainment Group INR 420 million entertainment company. PVR is an Indian
Multiplex chain
Nov-09 Online GS Home Homeshop18 15% stake for GS Home Shopping is a South Korea based
Shopping US$ 18.5 million retailer group. Homeshop18 is India based
home shopping retailer and subsidiary of
Network 18.
Nov-09 Telecommunic Essar Group Dhabi Group N.A Essar Group is India based company
ations operating in manufacturing, construction and
communications Industry. Dhabi group is a
UAE based telecom company.
Sept-09 Filmed Gulshan Fame India 13.4% stake for Gulshan Investment and Shail Investment are
Entertainment Investment and INR140 million Indian investment companies. Fame India is
Shail Investment an Indian multiplex chain.
Sept-09 Telecom Deutsche Telekom Devas 17% stake for Deutsche Telekom is a German telecom
Multimedia US$ 75 million operator. Devas Multimedia is an India-based
company providing satellite-based multimedia
services.
Sept-09 Animation Sanraa Media World Studio 51:49 joint Sanraa Media is an Indian new media
Group venture technology company. World Studio Group,
based in the US, creates animated content.
Aug-09 Internet MotorExchange CarTradeIndia N.A CarTradeIndia is a web portal for the retail sale
and purchase of new and used cars and bikes.
MotorExchange is an Indian automobile
dealer.
Aug-09 Internet Travelocity Global TravelGuru N.A Travelocity is US-based online travel
company. TravelGuru is an India-based hotel
distribution network.
Aug-09 Broadcasting South Asia South Asia FM Increased stake SAMT is the subsidiary of Malaysia-based
Multimedia Ltd Ltd (SAFL) to 20% Astro group. SAFL is the subsidiary of India-
(SAMT) based Sun TV.
Aug-09 Filmed Network18 The Indian Film 14.39% stake Network18 is a diversified media group in
Entertainment Company Ltd India. TIFC is a company established for
investment in Indian films.
July-09 Directory Sequoia Capital Just Dial US$8.2 million Just Dial is a local telephone and web-based
search service provider. Sequoia Capital is a
US venture capital firm.
July-09 Newspaper Independent News Jagran 7.30% stake for Independent News & Media is a newspaper
& Media Prakashan INR1.51 billion publisher based in Ireland. The company
publishes more than 200 newspaper and
magazine titles worldwide.
Jagran Prakashan is an Indian newspaper
publisher.
July-09 Value-added IMImobile Mobytec 100% stake IMImobile is an Indian value-added services
services provider.
Mobytec is a mobile data backup and sharing
services provider.
Jun-09 Education Pearson PLC Educomp 50% stake in Pearson PLC, based in the UK, is a textbook
Solutions Ltd Educomp and publisher. Educomp operates Indian
and Tutorvista 17.5% stake in vocational training centres and Tutorvista is a
Tutorvista for Bangalore-based online tutoring company.
US$30 million
Jun-09 Telecommunic C Sivasankaran S Tel 51% stake for S Tel is an Indian telecommunications
ation INR11.5 billion company that provides services in Eastern and
Northern states. C Sivasankaran is a
prominent investor.
May-09 Value-added Geodesic Ltd Interactive 100% stake Geodesic Ltd is a communications and
services Networks Inc entertainment solutions provider. Interactive
Networks Inc is a value-added services
provider in South America.
May-09 Advertising Ybrant Digital Dream Ad n.a. Ybrant Digital is an e-marketing company.
Dream Ad is an Argentina-based ad network.
May-09 Television Zee Entertainment Resource 40% stake for Zee Entertainment Enterprise Ltd is an
Enterprise Ltd Software US$56 million entertainment company.
Limited
May-09 Telecommunic Sahara Group S Tel 11.7% stake S Tel is a Chennai-based telecom operator.
ation Sahara Group is an entertainment
conglomerate.
Apr-09 Advertising Future Group Dhar & Hoon 60% stake Future Group is a major retailer in India. Dhar
& Hoon is a mid-sized advertising company.
Apr-09 Television Oman Investment Neo Sports INR2.58 billion Oman Investment is an Oman-based venture
Fund (Oman) and Broadcasting capital company and 3i is a Mauritius-based
3i (Mauritius) investment company. Neo Sports is owned by
Zenith, a sports subsidiary of Nimbus
Communication Ltd.
Apr-09 Outdoor Hype Integracomm Asawari n.a Hype Integracomm Ltd is a Mumbai-based
advertising Pvt Ltd (India) Publicity advertising company. Asawari Publicity is a
Pune-based outdoor advertising company.
Data
Mumbai Delhi
Bengaluru Kolkata
Data
Audience share data for Week 45,46 (2009)- Hindi General Entertainment Channels (GEC), prime time
Star Plus 19 18
Colors 23 24.5
Zee TV 16 17.7
Sony 13 14
NDTV Imagine 8 8.6
SAB 5 5
Star One 3 3.5
DD1 9 4
Sahara One 2 2.2
Star Utsav 1 1
9X 1 1
Real 0 -
Source: TAM Media Research data for C&S 4+, HSM
Gross Rating Points (GRP) data for Week 45,46 (2009)- Hindi General Entertainment Channels (GEC), prime time
Data
Data
Internet Subscribers
Data
Internet Subscribers
Data
IRS R2 2009
2008 R2 2009 R2
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2008 R2 2009 R2
PUBLICATION (Mid point (midpoint %
(millions) LANGUAGE PERIODICITY Jan 08) Jan09) change
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