Movie Channels
Shemaroo reports improved numbers; board recommends dividend
BENGALURU: Indian integrated media content house Shemaroo Entertainment Ltd (Shemaroo) reported higher number including profit after tax (PAT) and total comprehensive income for the year ended 31 March 2018 (FY 2018, year under review, period under review) as compared to the previous year (FY 2017, previous year, previous fiscal). The board of directors has recommended a dividend of 15.5 per cent (Rs 1.55) per equity share of face value of Rs 10 subject to shareholder approval.
Shemaroo reported 14.4 per cent higher consolidated total revenue for the year under review at Rs488.63 crore as compared to the Rs 425.53 crore in FY 2017. Revenue from operations increased 14.8 per cent to Rs 488.63 crore in FY 2018 from Rs 425.53 crore in FY 2017.
Shemaroo’s consolidated PAT for the year under review improved 19.5 per cent to Rs 71.25 crore (14.6 per cent margin of operating revenue) as compared to the Rs 59.64 crore (14 per cent margin of operating revenue) in the previous year. Shemaroo’s consolidated operating EBITDA in FY 2018 at Rs 142.10 crore (29.1 per cent margin of operating revenue) increased 11.4 per cent from Rs 120.56 crore (30 per cent margin of operating revenue) in the previous fiscal.
Let us look at the other numbers reported by Shemaroo
The company’s total expenditure (TE) in FY 2018 at Rs 382.38 crore (78.3. per cent of operating revenue) was 14.3 per cent more than the Rs 334.68 crore (78.7 per cent of operating revenue). Operating costs in FY 2018 increased 14.2 per cent to Rs 278.28 crore (57 per cent of operating revenue) from Rs 243.78 crore (57.3 per cent of operating revenue) in the previous fiscal.
Employee benefits expense increased 27.5 per cent during the year under review to Rs 39.69 crore (8.1 per cent of operating revenue) from Rs 31.14 crore (7.3 per cent of operating revenue) in FY 2017.Other expenses increased 23.9 per cent in FY 2018 to Rs 28.57 crore (5.8 per cent of operating revenue) from Rs 23.06 crore (5.4 per cent of operating revenue) reported for the previous year.
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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.
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.
