Page 10 - Broadcasting Nec News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Japan's Sony Corp on Wednesday said it expects operating income to slip 4.3% this business year following record profit from sales of music, gaming and other content to people forced to stay at home by COVID-19 lockdown measures. That demand has helped Sony continue its shift from consumer electronics to entertainment content and digital subscription services, though analysts said it may wane as more people in key markets such as the United States get vaccinated against the novel coronavirus. For the business year started April 1, Sony forecast profit to fall to 930 billion yen ($8.53 bill...

A LOW key Oscars this year struck a tasteful tone given the year we’ve had, and the 2021 awards were spread throughout a group of deserving and interesting films.

Network18 Media & Investments rallied 2.86% to Rs 39.60 after the company's consolidated net profit surged 241.91% to Rs 205.80 crore on 3.40% decline in revenue from operations to Rs 1,414.70 crore in Q4 FY21 over Q4 FY20. Consolidated operating EBITDA jumped 24% to Rs 279 crore in Q4 FY21 as against Rs 225 crore in Q4 FY20. Operating EBITDA margin improved to 19.7% in Q4 FY21 as compared to 15.4% in Q4 FY20. The Q4 earnings were announced after market hours on Tuesday, 20 April 2021. The market was shut yesterday (21 April 2021) on account of Ram Navami. The Entertainment operating margins ...

Australia has cancelled two Chinese Belt and Road infrastructure building initiative deals with a state government, provoking an angry response from Beijing. The bilateral deals with Victoria state were among four vetoed under new laws that give the federal government power to overrule international agreements by lower-level administrations that violate the national interest, Foreign Minister Marise Payne said late Wednesday. The Belt and Road deals struck with Beijing in 2018 and 2019 triggered the legislative response. Victoria Education Department pacts signed with Syria in 1999 and Ira...

On a consolidated basis, TV18 Broadcast's net profit surged 77.02% to Rs 251.08 crore on 5.40% decline in revenue from operations to Rs 1,347.94 crore in Q4 FY21 over Q4 FY20. Consolidated operating EBITDA jumped 16% to Rs 279 crore in Q4 FY21 as against Rs 240 crore in Q4 FY20. Operating EBITDA margin improved to 20.7% in Q4 FY21 as compared to 16.9% in Q4 FY20. The Q4 result was announced made after market hours yesterday, 20 April 2021. The group debt sharply reduced to Rs 893 crore in March 2021, from Rs 1,775 crore in March 2020. Entertainment operating margin are stood at 19% during Q4...