ETC announces losses; and music & Punjabi channel leadership status
ETC Networks has announced red ink-stained financial results for the year ended 31 March 2002, even as Zee Telefilms
Pacific Century Matrix (PCM), Asia-Pacific‘s leading provider of satellite-based broadband connectivity and network solutions is holding a workshop on DVB / IP over Satellite on 5 July in New Delhi.
The day-long workshop will focus on satellite broadband in India, an overview of PCM‘s products and services and VoIP in India. It will also have presentations by equipment suppliers and ground operators as well as a discussion on IP performance over satellite.
PCM offers DVB/IP broadcasting services for television broadcasters, and a range of one-way and interactive broadband services for multimedia business, major corporations and content providers. Through its joint demonstration via satellite, customers will be able to obtain first hand experience of its services/ products combination, says a company release.
The workshop will allow participants to get connected with main players in the industry including local Internet Service Providers, Broadcasters, Regulatory Bodies, Educational Institutions and Corporations in India, the release states.
The sessions are being chaired by Telecom Regulatory Authority of India member R.R.N Prasad.
The key note speakers include:
? Internet Services Provider Association of India secretary Amitabh Singhal.
?Call Centre Association of India president Guru Hariharan.
?Telecommunication Engineering Centre deputy director general - satellite Ashok Golas.
?Broadcast Engineering Consultants India Limited managing director KRP Verma.
Among the other guests who have confirmed their attendance include: Prasar Bharati officer on special duty Chellum Bose, DD director engineering Y Pratap. According to PCM‘s country representative Sandeep Bhargava, more than 96 professional involved in Internet services, call centres, satellite services, broadcast engineering have confirmed their attendance.
He adds that the co-sponsors include: DSL Dishnet, MCBS, Pentagon Systems, Space Link, and Malibu Network.
ETC Networks has announced red ink-stained financial results for the year ended 31 March 2002, even as Zee Telefilms readies to get into the driver‘s seat, after its official acquisition of the network last month.
ETC‘s turnover is down to Rs 313.3 million (Rs 538.2 million in the year to March 2001) even as expenses on exceptional items of Rs 136.12 million have dragged its net profit into negative terrain (Rs 141.06 million as against a profit of Rs 24.36 million last year). The exceptional items represent a write off on account of advances for copyrights and new projects.
The company has managed to halve its programming and telecast expenses to Rs 125.871 million (Rs 288.08 million) in the year. Its profit before before interest, depreciation /amortization & exceptional items is higher at Rs 55.64 million (Rs 49.62 million), but an interest component of Rs 12.44 million (Rs 6.02 million), depreciation of Rs 32.11 million (Rs 17.02 million) and exceptional expenses have led to the losses of Rs 136.12 million. To top it all, its reserves have dropped to Rs 273.81 million (Rs 299.24 million).
Zee Telefilms has in recent times acquired the promoter?s interest in ETC Networks from the present promoters and ETC has allotted 22,20,812 equity shares at price of Rs 31.52 to the media major. Consequently, Zee will be holding more then 51 per cent of the expanded capital of the company.
In a press release issued yesterday, ETC Networks has claimed leadership in the music and Punjabi segments. Besides being the market leader in 4+ all India figures etc is also leading amongst the 18-30 age group of All Adults of SEC ?A?, for the period starting 12 May 2002, etc has a TVR of 0.28 whereas Channel [V] is 0.07, MTV is 0.05, CMM is 0.03, B4U is 0.04, Sahara is 0.20, SAB 0.19 and Star Gold has 0.14. (Source TAM)
Again for 18 to 30 age group of All Adults of SEC ?A? (period starting May 12, 2002) amongst the music channels, etc claims a channel share of 59 per cent as against Channel [V]‘s 14 per cent, MTV‘s 11 per cent, while B4U and CMM both share 8 per cent each.
etc?s Channel Punjabi, leader in Punjabi regional channels, has maintained its top position since its inception two years back, the channel claims. Quoting TAM and INTAM in all the C&S homes and amongst the viewers aged 4+ (period starting 12 May), etc Channel Punjabi channel share is 58 per cent, Alpha Punjabi is 21 per cent, Lashkara 9 per cent, DD Punjabi 12 per cent, with Tara bringing up the rear with virtually 0 per cent, an official release say.
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