IPL

Sports, digital to drive Viacom18 revenue for 'foreseeable future'

SportzPower Team

Apr 23, 2024 21:04

Read more about Sports, digital to drive Viacom18 revenue for 'foreseeable future'
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Revenues at Viacom18, the media arm of Mukesh Ambani’s Reliance Industries Limited (RIL), grew by 49% for the 2023-24 financial year on the back of sports and news. The company’s revenues reached Rs 10,826 crore ($1.3 billion) in FY24 as compared to Rs 7,266 crore ($872m) in FY23.

Per the company’s statement, sports was the biggest driver of revenue growth for Viacom18.

EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) was significantly down however - from $28.3 million the previous year to $3.9m.

Oct 30, 2019 16:10

Star partners Virat's mngmt firm for 'Super V' animated series

MUMBAI: Star India is launching an animated series - Super 'V' - based around Indian cricket team skipper Virat Kohli. The 12-episode series will premiere on 5th November and will air every Sunday.

Oct 30, 2019 14:10

ICC ban on Bangla captain traces back to Indian bookie

DUBAI: If India is the financial hub of world cricket; it is also at the centre of illegal betting around the game. After banning Bangladesh captain Shakib Al Hasan from all forms of cricket for two years (one year suspended), the International Cricket Council (ICC) has released details of the cricketer's conversation with Indian bookie Deepak Aggarwal.

Oct 23, 2019 14:10

Ganguly takes reins as 39th BCCI president

MUMBAI: "It's official - @SGanguly99 formally elected as the President of BCCI." The post from the official Twitter handle of the Board of Control for Cricket in India announced here Wednesday that former India captain Sourav Ganguly had taken over as the 39th president of the world's richest cricket body.

Oct 22, 2019 09:10

IPL to run for 2 full months; less double-headers: Report

MUMBAI: The Indian Premier League (IPL) will reportedly have a longer schedule when the world's most popular T20 cricket tournament arrives for its 13th edition next year.

Oct 22, 2019 04:10

ESPN appoints Cricinfo media rep across MENA

DUBAI: DMS - the digital arm of Choueiri Group - recently announced its latest appointment as the exclusive media representative for ESPN Sports Media Ltd - the owner of both ESPN.com and ESPNCricinfo.com – for the Middle East and North Africa (MENA).

Oct 19, 2019 12:10

Sony MAX celebrates 20th anniversary

MUMBAI: Sony MAX, the Hindi movie channel from Sony Pictures Networks India (SPN), celebrates 20 years of its broadcasting journey in India this October. Having pioneered the trend to showcase the best of Indian cinema, Sony MAX over the years has continued to grow from screening some of the best sporting and entertainment properties and iconic movies that have touched a million hearts.

Oct 17, 2019 22:10

Dhoni face of Mastercard's ‘Team Cashless India’

MUMBAI: Mastercard, along with cricketer Mahendra Singh Dhoni, has announced the launch of a nationwide initiative to accelerate the acceptance and adoption of digital payments.

Oct 17, 2019 12:10

Virat at 9 on Forbes Top 10 Athlete Brands 2019 list

MUMBAI: Indian cricket captain Virat Kohli has mades the Forbes Fab 40 2019 list, ranking ninth in the Athlete Brands category with a brand value — what his name alone is worth — of $14 million. The list is topped by Swiss tennis maestro Roger Federer.

Oct 17, 2019 11:10

EbixCash swipes 3-yr KXIP title sponsorship

NEW DELHI: Kickstarting the VIVO Indian Premier League 2020 on a good note, Kings XI Punjab on Wednesday announced Nasdaq-listed financial exchange EbixCash as the IPL franchise's title sponsor for the next three years. Financial terms were not disclosed.

Oct 17, 2019 02:10

VIEWPOINT: CoA's sorry tenure over; BCCI back to the future

TWO YEARS and eight months after the Supreme Court nominated a four-member Committee of Administrators (which soon became a two-person one) to oversee and professionalise the functioning of the world's richest cricket body, Vinod Rai, the chairman of the CoA throughout this period, is ready to demit office.

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