Saregama Q1 revenue up 61% to Rs 169.3 crore
The company’s net profit has jumped 52% to Rs 41.4 crore against Rs 27.3 crore
Content company Saregama India's consolidated revenue for the quarter ended 30th June has jumped 61% to Rs 169.3 crore against Rs 105 crore in the same quarter of the last fiscal year. The growth was led by strong performance in the Films, Television serials, and Events segment part from Music.
The revenue from the Films, Television serials, and Events segment was up 224% YoY to Rs 38.6 crore. Music segment revenue was up 39% YoY to Rs 127.4 crore led by Carvaan sales volumes, which were up 118% YoY to 98,000 units while licencing revenues continued to be robust.
Operating Income before Content Charge, Interest, and Depreciation (OIBCID) was up 54% to Rs 64.7 crore compared to Rs 42.1 crore. Net profit jumped 52% to Rs 41.4 crore against Rs 27.3 crore.
The company expects Yoodlee films to clock Rs 100+ crore revenues in the next couple of years and expects a 25% revenues CAGR in the TV & films segment ahead.
Overall, the company released 77 new films and 109 non-film songs during the quarter, including 44 Hindi, 16 Tamil, 33 Telugu, 12 Malayalam, 15 Bengali, 21 Bhojpuri, and 29 Gujarati songs.
The company has also entered the events and talent management businesses whereby it will nurture the young talents and provide opportunities in big production projects subsequently banking on commission income the talent earns in the future.
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e4m Play Streaming Media Awards 2024: ‘Content & Talent’ jury meet tomorrow
The Content & Talent jury meet will be chaired by Amit Sharma, Director, Producer & Co-Founder, Chrome Pictures
The exchange4media Group is thrilled to announce the fifth edition of e4m Play Streaming Media Awards on May 9 in Mumbai. Ahead of the awards night, the esteemed jury is set to meet and choose the winners for exemplary works. The Content/Talent jury meet for the e4m Play Streaming Media Awards 2024 will be held in Mumbai on April 19.
This is the second round of the jury meet. Earlier, the ‘Brand Jury’ meet was held on April 16. At the jury meet, industry luminaries from the advertising, marketing and media world will gather to finalise the winners from a wide range of categories.
The content/talent jury meet will be chaired by Amit Sharma, Director, Producer & Co-Founder, Chrome Pictures. The other jury members included industry leaders, seasoned professionals, and renowned personalities from the industry.
e4m Play Streaming Media Awards aim to recognise, honour and celebrate the talent, content, brands and platforms for their excellence, creativity, innovation and outstanding work. The categories that will be judged by the esteemed jury on April 19 include ‘Content and Talent Categories’. The prestigious awards recognise and celebrate remarkable achievements across five main categories, each of which is subdivided into specific sub-categories.
Apart from jury chair Amit Sharma, the other jury members include Arpan Bhattacharya, Executive Director - Head of Creative, Lowe Lintas; Amer Jaleel, Founder, The Curativity; Dnyanesh Zoting, Director & Writer; Dimple Kharbanda, Producer & Founder, Kangra Talkies Pvt ltd; Devendra Deshpande, Chief Executive Officer, Friday FilmWorks; Hemant Shringy, Chief Creative Officer, BBDO India; Kartik Smetacek, Chief Creative Officer, L&K Saatchi & Saatchi; Ketki Pandit, Producer; Mohaan Nadaar, Producer, TEAMO Productions; Mukund Olety, Chief Creative Officer, VMLY&R; Mayank Shekhar, Indian Film Critic, Journalist and Author; Mitrajit Bhattacharya, Founder and President, The Horologists and Nikhil Mirchandani, Former Chief Executive Officer, Vishal Bhardwaj Films.
The other jury members include Pops KV Sridhar, Global Chief Creative Officer, Nihilent Limited; Pallavi Chakravarti, Founder & CCO, Fundamental; Priti Shahani, Founder & Producer, Tusk Tale Films; Sandipan Bhattacharyya, Managing Director & Chief Creative Officer-South Asia, GREY Group; Shailja Saraswati, Chief Content Officer , Omnicom Media Group India; Sunetro Lahiri, Chief Creative Officer, The Glitch; Sejal Shah, Director, Producer & Co-Founder, Bombay Fables Motion Pictures; Varun Shah, Managing Partner, Publicis Production and Yash Kulshrestha, Chief Creative Officer, ^ a t o m.
For more details on e4m Play Streaming Media Awards 2024, click here.
ShareUorfi Javed wears 'bread' for The Health Factory
The collaboration is a part of the brand's #Bread Badlo Aadat Nahi campaign
The Health Factory has announced its latest collaboration with actor Uorfi Javed.
Partnering with fashion and social media icon Uorfi Javed, known for setting fashion trends, The Health Factory aims to capture the attention of Gen Z and a broader audience through an engaging social media reel. The reel ad will be shared across various digital and social media platforms and major media channels, offering entertaining content to encourage viewers to choose healthier Original Zero Maida Bread over regular whole wheat or brown bread.
Expressing her excitement about the collaboration, Uorfi Javed said, "As an actor, I hold deep commitment to staying healthy. I consciously opt for clean eating, prefer gluten free products as it is the way to go for a healthier gut, while propogating healthier lifestyle choices. The Health Factory's initiative is inspiring millennials and Gen Zs to reimagine their bread choices. It's been an absolute joy being a part of this campaign."
"At the heart of this collaboration lies the message encapsulated in the slogan #Bread Badlo Aadat Nahi (Change the Bread, Not the Habit), reflecting The Health Factory's innovative stance on reshaping attitudes towards bread consumption. Through compelling content, the collaboration aims to disseminate this message to a wider audience across various digital platforms," said the brand.