Movie Channels
Inox reports 40% YoY increase in Q3 net profit
MUMBAI: Multiplex chain Inox Leisure has announced a 40 per cent increase in net profit for the third quarter of the financial year 2006-2007 at Rs 48.3 million on revenues of Rs 428.3 million.
Net income in the corresponding quarter of the previous year stood at Rs 34.4 million.
Total income rose 45 per cent for the quarter; up from Rs. 294.8 million. Inox registered an Ebitda of Rs 101.3 million compared to Rs 82.5 million in the same quarter of the previous year, a growth of 23 per cent.
Over the nine-month period ending December, Inox registered strong growth with sales up 54 per cent from Rs. 802.9 million to Rs. 1233.1 million. Net Profit has also grown 53 per cent from Rs 131.6 million to Rs. 201.5 million, in the same time period.
The company also announced that the scheme of amalgamation of Calcutta Cine Private Limited (CCPL) into Inox Leisure Limited has been approved at a shareholders’ meeting held on 4 January.
Inox has recently launched its property at Chennai in January 2007 taking its tally of multiplexes across India to 13, with 48 screens and 14,286 seats.
Commenting on the results, Deepak Asher, director – Inox Leisure said, “It has been a satisfying performance this quarter for Inox and things look very promising for the future with several new properties slated to open in the near term, as well as the acquisition of CCPL getting formalized.”
Movie Channels
Zee5 launches five free FAST channels on Samsung TV Plus India
New genre-led channels bring comedy, drama, horror, classics and South films to Smart TVs.
MUMBAI: Zee5 just turned Samsung Smart TVs into a free entertainment buffet because when premium content costs nothing, even the remote control starts smiling. Zee5 has launched five curated free ad-supported streaming TV (FAST) channels on Samsung TV Plus India, making high-quality, genre-specific entertainment available subscription-free to millions of Samsung Smart TV owners across the country.
The five channels now live are:
Zee Comedy Nation – Popular comedy shows and movies
Zee Dil Se – Compelling drama series
ZEE Horror Nights – Horror and supernatural content
ZEE Cine Classic – Timeless Indian films
ZEE South Flix – High-energy South Indian films dubbed in Hindi
All content is drawn from Zee5’s extensive library and programmed in a lean-back, always-on format ideal for large-screen viewing. This launch strengthens Zee5’s Connected TV strategy at a time when 64 per cent of its premium content watch time already comes from connected devices.
Zee5 chief business officer Siju Prabhakaran said, “At Zee5, we believe accessibility and scale will define the next phase of digital entertainment growth in India. Our presence on Samsung TV Plus strengthens our Connected TV strategy, enabling viewers to discover curated, genre-led content in a seamless, free, and premium environment.”
Samsung TV Plus India head of partnerships Kunal Mehta added, “Local partnerships are at the heart of how we grow Samsung TV Plus in India. Zee Entertainment is one of India’s most iconic media brands, and bringing their channels to our service means millions more Samsung Smart TV owners can enjoy premium local content, subscription-free.”
The channels are available directly through the pre-installed Samsung TV Plus app with no login or subscription required. This marks another milestone in Zee5’s CTV expansion and builds on its growing international presence, with Zee channels already available on Samsung TV Plus across Southeast Asia, Australia and New Zealand.
In a streaming world where paywalls often block the fun, Zee5 and Samsung have quietly opened the gates, proving that sometimes the best things in life (and on your TV) really are free especially when they come with a side of comedy, drama, horror, classics and South Indian blockbuster energy.
