MAM
Jain Studios reports flat q-o-q PAT for Q2-2015
BENGALURU: Jain Studios Limited (JSL) reported 6 per cent growth in q-o-q Total Operating Revenue (TOI) in Q2-2015 at Rs 880.07 lakh from Rs 830.24 lakh and a 52.5 y-o-y growth from Rs 577.1 lakh. Y-t-d the company’s TIO increased 52.6 per cent to Rs 1710.31 lakh from Rs 1120.84 lakh in the corresponding six months of last year (HY-2014).
Note: 100,00,000 = 100 lakh = 10 million = 1 crore ; 10 lakh = 1 million
The company’s profit after tax (PAT) in Q2-2015 at Rs 20.78 lakh (2.4 per cent of TIO) was almost flat (2.6 per cent higher) than the Rs 20.26 lakh (2.4 per cent of TIO), but was 33.9 per cent lower than the Rs 31.43 lakh in Q2-2014. PAT for HY-2015 at Rs 41.04 lakh (2.4 per cent of TIO) was 20.3 per cent lower than the Rs 51.51 lakh (4.6 per cent of TIO) in HY-2014.
JSL total expenditure (TE) in Q2-2015 at Rs 845.05 lakh (96 per cent of TIO) was 4.1 per cent more than the Rs 811.94 lakh in Q1-2015 (97.8 per cent of TIO) and 50.1 per cent more than the Rs 562.87 lakh (97.5 per cent of TIO) in Q2-2014. HY-2015 TE at Rs 1657 lakh (96.9 per cent of TIO) was 52.1 per cent more than the Rs 1089.44 lakh (97.2 per cent of TIO) in HY-2014.
Production cost is a major expense head for the company. The company’s production cost in Q2-2015 at Rs 625.52 lakh (71.1 per cent of TIO) was 4 per cent more than the Rs 601.2 lakh (72.4 per cent of TIO) in the previous quarter and 271.9 per cent more than the Rs 168.19 lakh (29.1 per cent of TIO) in Q2-2014. For HY-2015, production cost at Rs 1226.73 lakh (71.7 per cent of TIO) was 279.6 per cent more than the Rs 323.18 lakh (28.8 per cent of TIO) in HY-2014.
JSL chairman J K Jain stated, “There is a growth of 52.50 per cent in the operating revenues during the current quarter as compared to quarter in the previous year due to significant wins in Mobile Healthcare business.
“The growth in revenue is in line with our expectation and is a reflection of our investments in new business ventures to accelerate the company’s growth. We have utilised internal funds for these ventures and are sure that the company will be able to mobilise funds to support the growth in future,” he added.
MAM
Microdrama Specialist COL Group International Builds Out With Narativ, Rock Networks & BlingWood Deals
MUMBAI: Microdrama powerhouse COL Group International is building out its distribution network, with its CEO saying vertical video is about to enter its “next competitive chapter.”
The microdrama arm of publicly-listed Chinese company COL Group appointed Narativ Media as its official distributor in the Middle East and North Africa (MENA) and CIS regions and Africa, and a struck new content deal with a new Dubai-based microdrama platform.
The deals were unveiled this morning at MIP London, and also included Rock Networks as its exclusive Southeast Asia telco distribution partner for its app, FlareFlow. MIP London is now into its second day at the Savoy Hotel and adjoining IET London complex.
The deals come soon after COL appointed Harbour Rights to represent its titles in Europe and Latin America, as we reported yesterday in our extended feature on microdrama distribution.
COL’s Singapore-based microdrama unit says its “coordinated global distribution architecture and significantly expanded international content slate” would help to scale its catalogue to more than 1,700 microdrama titles worldwide. These hail from South Korea, Japan, Africa, the Middle East, Southeast Asia and the UK and roll out across Sereal+, FlareFlow and 17K.
A deal with Dubai-based BlingWood, which recently launched as an OTT platform, will expand COL’s access to Middle Eastern and Indian microdramas, and includes a broader pipeline of Indian series from storytelling platform Pratilipi, Korean titles from BeLive Studios and British reality-led formats from Tattle TV — the UK’s first dedicated microdrama app, including titles such as Dog Dates.
“Microdrama is entering its next competitive chapter, where quality, retention and monetization standards are increasingly shaped by data and operational discipline,” said Timothy Oh, General Manager of COL Group International.
“As pioneers in both China and the U.S., scaling some of the world’s leading platforms in this space, we understand what it truly takes to win sustainably. Our role is not simply to offer catalogue volume, but to help partners select, position and scale the right content for their platform and audience. By bringing together a broad, constantly refreshed slate from across regions, we enable smarter curation, clearer differentiation and long-term growth for serious industry players.”
Narativ deal
COL and UAE-based Narativ described their deal as a “strategic expansion of premium vertical content distribution across high-growth emerging markets,” and comes as the microdrama continues to boom financially. The growth of the medium will be among the key topics of conversation today at MIP London, where COL chief Oh will be speaking.
The pact extends beyond content representation and is being billed as part of a more “structured micro-drama distribution infrastructure.”
Narativ will spearhead market development, platform alliances, broadcaster relationships and digital monetization frameworks across the MENA and CIS regions and Africa, where they have identified “rapid mobile-first consumption growth and strong demand for short-form, high-engagement storytelling formats.”
“Micro-dramas are reshaping global viewing habits, particularly across mobile-first markets like MENA, Africa and CIS,” said Manjyot Sandhu, CEO and co-founder of Narativ. “Our appointment as official distributor for COL Group in these territories reflects Narativ’s strategy to build sustainable distribution architecture.
“A key pillar of the collaboration includes integration with FlareFlow, enabling strategic telco partnerships, bundled carrier offerings, and alternative monetization pathways designed to accelerate scale across mobile ecosystems and OTT platforms.”
Oh added: “We are building more than a content slate – we are building the global infrastructure for microdrama. With hundreds of new titles launching every quarter, scale and regional strength are critical. Narativ with its deep foothold in MENA, Africa CIS and other key markets makes them a natural strategic partner as we expand FlareFlow and bring microdrama to new platforms, telcos and audiences.
Narativ, which is joint venture Sandhu operates with Copyright Capital, manages around 7,000 hours of content and has a digital network spanning 150 million subscribers across 21 language.
COL Group has emerged as one of the biggest microdrama platforms, running platforms such as FlareFow. It is also a part-owner of ReelShort.
