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ETC announces losses; and music & Punjabi channel leadership status

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ETC Networks has announced red ink-stained financial results for the year ended 31 March 2002, even as Zee Telefilms readies to get into the driver’s seat, after its official acquisition of the network last month.

ETC’s turnover is down to Rs 313.3 million (Rs 538.2 million in the year to March 2001) even as expenses on exceptional items of Rs 136.12 million have dragged its net profit into negative terrain (Rs 141.06 million as against a profit of Rs 24.36 million last year). The exceptional items represent a write off on account of advances for copyrights and new projects.

The company has managed to halve its programming and telecast expenses to Rs 125.871 million (Rs 288.08 million) in the year. Its profit before before interest, depreciation /amortization & exceptional items is higher at Rs 55.64 million (Rs 49.62 million), but an interest component of Rs 12.44 million (Rs 6.02 million), depreciation of Rs 32.11 million (Rs 17.02 million) and exceptional expenses have led to the losses of Rs 136.12 million. To top it all, its reserves have dropped to Rs 273.81 million (Rs 299.24 million). 

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Zee Telefilms has in recent times acquired the promoters interest in ETC Networks from the present promoters and ETC has allotted 22,20,812 equity shares at price of Rs 31.52 to the media major. Consequently, Zee will be holding more then 51 per cent of the expanded capital of the company. 

In a press release issued yesterday, ETC Networks has claimed leadership in the music and Punjabi segments. Besides being the market leader in 4+ all India figures etc is also leading amongst the 18-30 age group of All Adults of SEC A, for the period starting 12 May 2002, etc has a TVR of 0.28 whereas Channel [V] is 0.07, MTV is 0.05, CMM is 0.03, B4U is 0.04, Sahara is 0.20, SAB 0.19 and Star Gold has 0.14. (Source TAM)

Again for 18 to 30 age group of All Adults of SEC A (period starting May 12, 2002) amongst the music channels, etc claims a channel share of 59 per cent as against Channel [V]’s 14 per cent, MTV’s 11 per cent, while B4U and CMM both share 8 per cent each. 

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etcs Channel Punjabi, leader in Punjabi regional channels, has maintained its top position since its inception two years back, the channel claims. Quoting TAM and INTAM in all the C&S homes and amongst the viewers aged 4+ (period starting 12 May), etc Channel Punjabi channel share is 58 per cent, Alpha Punjabi is 21 per cent, Lashkara 9 per cent, DD Punjabi 12 per cent, with Tara bringing up the rear with virtually 0 per cent, an official release say.

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GECs

Asianet Television Awards 2026 celebrates women power in Malayalam TV

“She is the Colour” theme honours icons as ceremony airs on March 14 and 15 at 7 PM.

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MUMBAI: If television lights up living rooms, this year Asianet decided to let women provide the colour. The Asianet Television Awards 2026 turned the spotlight firmly on women empowerment with the theme “She is the Colour”, celebrating the strength, resilience and achievements of women who continue to shape society and the Malayalam entertainment industry.

The ceremony honoured several distinguished personalities whose journeys have left a lasting cultural imprint. Among them was legendary playback singer Vimala Varma, widely recognised as the first Malayalam playback singer. The evening also paid tribute to Padma Shri awardees Devaki Amma and Vimala Menon for their exceptional contributions in their respective fields.

Leading women from the Malayalam film industry were also recognised during the event, including actor Shweta Menon, who currently serves as president of the Association of Malayalam Movie Artists, and National Award winning actor Surabhi Lakshmi.

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The awards ceremony brought together a glittering lineup of actors and industry figures, including Jayasurya, Vijay Babu, Asha Sarath, Lena, Esther Anil, Anumol, Akhila Bhargavan, Sarayu Mohan, Prajod Kalabhavan, Gayathri Suresh, Sabumon Abdusamad, Swasika, Tini Tom, Sijoy Varghese, Kailash, Veena Nandakumar, Sabareesh Varma, Ansiba Hassan and Dinesh Prabhakar. Kishan Kumar, executive vice president Malayalam at JioStar, was also present at the event.

Beyond individual recognitions, the awards celebrated excellence across Malayalam television, acknowledging artists and technicians whose work continues to drive the industry forward.

The evening also offered plenty of spectacle, with elaborate dance performances, stunt acts and comedy skits performed by popular television and film personalities, turning the ceremony into a full fledged entertainment showcase.

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Viewers will get to watch the celebrations when the Asianet Television Awards 2026 air on Asianet on March 14 and 15, Saturday and Sunday, from 7 pm onwards, bringing the star studded tribute to homes across Kerala and beyond.

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