Entertainment Network (India) Limited
Entertainment Network (India) Limited operates FM radio broadcasting stations under the brand names Mirchi, Mirchi Love, and Kool FM. It sells airtime in the Company’s FM radio broadcasting stations, activations, concerts, and monetization of the Company’s digital and other media properties for advertising.
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Entertainment Network (India) Limited has revised its reporting structure: Senior VP Bhanu Pratap Singh Chauhan and Head of Marketing Kanan Dave will now report to Chief Strategy and Growth Officer Sumit Aggarwal instead of the CEO. Both executives will exit the senior management team. No immediate financial impact was indicated.
Entertainment Network (India) Limited reported strong consolidated financial results for the quarter and nine months ended December 31, 2024. The company achieved a total revenue of ₹15,889.72 crore for the quarter, reflecting an increase of 5.3% compared to ₹15,224.55 crore in the same period last year, driven primarily by a...
Entertainment Network (India) Limited has reported its financial results for the quarter and half-year ended 30 September 2024, showcasing key metrics essential for evaluating its financial health. Despite facing ongoing market challenges, the company’s strategic initiatives continue to position it favorably for growth. In particular, planned expansions and potential new...
Entertainment Network (India) Limited reported consolidated total revenue of ₹22,704.20 crore for the half-year, showcasing moderate growth driven by operational improvements despite a challenging market environment. The company's profit before tax stood at a loss of ₹903.75 crore, a notable decline from the previous period, primarily impacted by increased operational...
Entertainment Network (India) Limited has executed a Share Subscription and Shareholders’ Agreement with Ninety-nine Audiovisual Media Production LLC, marking a significant step in its proposed acquisition of up to 50% equity interest in the Saudi Arabian company. This agreement details pre-closing and post-closing covenants and sets forth operational and financial...