News Broadcasting
Zee Media’s consolidated revenue up 33.6 percent at Rs 866.86 crore for FY22
Mumbai: Zee Media Corporation has announced its fourth quarter and yearly results for the financial year ended 31 March 2022. The company reported audited consolidated revenues of Rs 866.86 crore for FY 2022 as compared to FY 2021, which was at Rs 649.07 crore. The company witnessed 33.6 percent growth during the same period.
The network incurred expenditure of Rs 613.2 crore and its operating revenue stood at Rs 247.73 crore up by 35.4 per cent as compared to the corresponding quarter FY 2021. The company’s operating expenditure stood at Rs 189.13 crore up by 54.1 per cent year-on-year (YoY). The company’s earnings before interest, tax, depreciation and amortization (EBIDTA) stood at Rs 58.60 crore during the Q4 FY 2022.
The company’s advertising revenue for the quarter stood at Rs 237.1 crore up by 39.4 per cent and subscription revenue stood at Rs 9.2 crore. Its advertising revenue for the year stood at Rs 822.6 crore up by 36.4 per cent and subscription revenue stood at Rs 38.49 crore.
After including exceptional items, Zee Media reported loss of Rs 51.45 crore for the quarter and consolidated loss of Rs 117.72 crore for the year ended 31 March 2022.
Zee Media operates 14 TV news channels including four national, nine regional languages and one global. It also operates four digital channels and 17 digital properties.
News Broadcasting
CNN-News18 to air live counting day coverage for five state election results on May 4
The channel is rolling out its biggest election coverage machinery yet for results day on 4th May
NOIDA: The votes have been cast. Now comes the reckoning. CNN-News18 is pulling out all the stops for results day on 4th May, when counting begins across five battleground states — West Bengal, Assam, Kerala, Tamil Nadu and the Union Territory of Puducherry — in what promises to be one of the most closely watched electoral verdicts in recent memory.
The channel’s coverage, titled Battle for the States: The Verdict, kicks off at 7am and runs through the day across linear TV, connected television and YouTube. It is the culmination of CNN-News18’s multi-format editorial initiative, Battle for the States, which has tracked the polls from the beginning under the theme Road to Power.
At the operational heart of the coverage will be the Live Results Hub, the channel’s central command centre built to collate, verify and process real-time data flowing in from reporters stationed at counting centres across constituencies. The hub combines newsroom intelligence, analytics and on-the-ground reporting to deliver what the channel promises will be the fastest and most accurate results coverage in English news.
Leading the on-air charge will be primetime anchors Rahul Shivshankar, Anand Narasimhan, Aman Sharma, Nabila Jamal and Shivani Gupta. They will be joined by a wide panel of commentators including author Chetan Bhagat; GVL Narasimha Rao, senior leader of the BJP; Smita Prakash, editor of ANI; activist Saira Shah Halim; political analyst Sumanth C Raman; Abhijit Iyer Mitra, senior fellow at IPCS; Amitabh Tiwari, founder of VoteVibe; columnist Abhijit Majumdar; Nalin Mehta, managing editor of MoneyControl; political analyst Tehseen Poonawalla; senior journalist Subir Bhaumik; and political analyst Manojit Mandal.
Shivshankar, who serves as editorial affairs director at CNN-News18, set out the stakes plainly. “Counting day is one of the most watched events in the electoral cycle, where speed and credibility are tested in real time,” he said. “Battle for the States: The Verdict is built on that promise, combining ground reporting, sharp analysis and cutting-edge election technology to give viewers the clearest and fastest route to the verdict. On May 4, CNN-News18 will once again be the nation’s most trusted channel to witness democracy in action.”
Smriti Mehra, chief executive of English and Business News at Network18, framed the coverage in broader terms. “Elections are defining national events, and audiences turn to brands they trust in moments that matter,” she said. “CNN-News18 has consistently led from the front in every election coverage, and this special programming reflects the scale of our ambition and editorial strength.”
The channel has form here. It claims to have been India’s most preferred English news destination for election results for the past 20 years, covering everything from the 2024 general elections to the Delhi, Maharashtra, Bihar and BMC polls on the back of what it calls an “Always First, Always Right” record. Five states, one day, and a nation waiting for answers. The clock starts at 7am on 4th May.
