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Q1-2014: Bag Films reports higher y-o-y income

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BENGALURU: B.A.G. Films & Media Limited (Bag Films) consolidated income from operations of Rs 32.67 crore for Q1-2014 which was 43.9 per cent higher than the Rs 22.7 crore reported by the company for Q1-2013 and almost flat (0.29 per cent lower) as compared to the Rs 32.77 crore for Q4-2013.

 

Let us look at the other consolidated figures reported by Bag Films for Q1-2014

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Total expenditure for Q1-2014 at Rs 33.44 crore was 13.8 per cent lower than the Rs 38.79 crore for Q1-2013 and 8.7 per cent lower than the Rs 36.64 crore for Q4-2013.

 

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Bag Films reported a net loss after minority interest for Q1-2014 at Rs (-3.25) crore which was less than a third (28.7 per cent) the Rs (-11.32) crore for Q1-2013 and less than half (44.6 per cent) the Rs (-7.29) crores for Q4-2013.

 

Segment Results

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Bag Films operates in five segments: Audio-visual production, Movies, Leasing, FM Radio and Television Broadcasting.

 

Bag Films Audio-visual production segment reported a consolidated income of Rs 9.98 crore for Q1-2014 which was 42 per cent more than the Rs 7.03 crore for Q1-2013 and almost double (93 per cent more) than the Rs 5.17 crore for Q4-2013.

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The segment result for Audio-visual production for Q1-2014 at Rs (-0.44) crore was less than a quarter (23.27 per cent) of the Rs (-1.90) crore for Q1-2013 and 23.38 per cent of the Rs (-1.89) crore for Q4-2013.

 

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Leasing segment revenue for Q1-2014 at Rs 0.46 crore was almost quadruple (3.94 times) the Rs 0.12 crore for Q1-2013 and 5.87 per cent more than the Rs 0.44 crore for Q4-2013.

 

The segment result for Q1-2014 for Leasing at Rs (-0.76 crore) was 39.55 per cent better than the Rs (-1.25) crore for Q1-2013 and less than half (41.75 per cent) of the Rs (-1.81) crore for Q4-2013.

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Bag Films Radio segment reported a 65 per cent rise in revenues in Q1-2014 to Rs1.56 crore as compared to the Rs 0.95 crore for Q1-2013 and was 24.4 per cent more than the Rs1.25 crore for Q4-2013.

 

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The radio segment result for Q1-2014 at Rs 0.51 crore was 43.2 per cent lower than the Rs 0.9 crore for Q1-2013. For Q4-2013, Bag Films Radio segment result was Rs (-1.17) crore.

 

Bag Films Television broadcasting segment reported revenue of Rs 20.67 crore which was 39.5 per cent more than the Rs 14.82 crore for Q1-2013, but 20.21 per cent lower than the Rs 25.90 crore for Q4-2013.

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Segment result for Bag Films Television broadcasting segment for Q1-2014 at Rs 6.09 crore was 33.5 per cent lower than the Rs 9.15 crore for Q4-2013. This segment had reported result of Rs (-6.62) crore for Q1-2013.

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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.

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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.

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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.

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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.

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