BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Prabhudas Lilladher Report
In our interaction, management of Sun TV Network Ltd. highlighted –
1. plans to spend Rs 2 billion towards Sun NXT (over-the-top offering) and Rs 3-4 billion towards producing eight new movies which are scheduled to release in next 12 months (release timeline can be delayed due to second strain of Covid-19)
2. Indian Premiere League is likely to yield pretax profits of approximately Rs 1.2 billion/Rs 1.3-1.4 billion in FY21/FY22 respectively and
3. pressure on ad-revenues in FY21 (~25-30% YoY decline is on the cards).
Fresh programming has begun in most geographies and as a result ad-volumes (general entertainment channel and movie genre) have gradually clawed back to pre-Covid-19 levels.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.