Viacom18 Media, the 51:49 joint-venture between TV18 Broadcast and Viacom, has posted a net profit of Rs 81.01 crore during the fiscal FY 2018-19. The net profit is lower than the Rs 83.46 crore earned by the company in FY18.
The new regulatory framework for the TV broadcasting sector has empowered the end consumer to choose and pay for the channels of their choice. Therefore, Hindi GECs need to redefine their content and create better and more meaningful content to stay relevant in the new regime.
Sony Pictures Networks India-owned Hindi GEC Sony Sab is ready to redefine itself through a new philosophy which is driven on the insight that “jitni insaan ki khushi badhti hai, utni hee duniya mein insaniyat bhi badhti hai” (As the human happiness increases so does the humanity in the world).