NDTV’s loss and profit

IN Media Watch Briefs | 09/11/2017

Television Post reports that NDTV’s standalone net loss has jumped 35% to Rs 17.92 crore for the 2nd quarter of FY ‘18 as against Rs 13.29 crore in the corresponding quarter of the previous fiscal. It adds that revenue from operations has fallen 22.18%.  The standalone result is of financials for the TV news broadcasting and allied business while the consolidated result includes TV, digital, and e-commerce. The net profit from digital grew 40% to Rs 7 crore from Rs 5 crore.              

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D Sunitha, an ASP in the Telangana Police, filed complaints with the NBSA against character assassination by some Telugu TV channels. NBSA has announced an agreement  arrived at with HMTV whereby the channel will broadcast an agreed upon apology statement three times a day on three days starting today.The complaint was against ETV, Sakshi and HMTV, the NBSA has reserved its order in other two cases. TV9 was as much of an offender, but it is not a member if the NBSA.                   

The Supreme Court   asked   whether the government is trying to create a surveillance state while hearing a petition filed by Trinamool Congress MLA Mahua Moitra on the tender for a Social Media Communication Hub. But in Kashmir, admins of Whatsapp groups have been directed to register themselves with the district administration since 2016! Last week, in Kishtwar, 21 groups have been issued notices for failing to do so.                          

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