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The combined operating revenue of four private direct-to-home (DTH) companies in India, including Tata Play, Bharti Telemedia, Dish TV, and Sun Direct, declined nearly 10% in FY23 to Rs 11,072 crore, compared to Rs 12,284 crore the previous fiscal year. The four DTH companies incurred a net loss of Rs 2143 crore cumulatively, with Dish TV posting the biggest loss of Rs 1684 crore.
However, Dish TV’s losses in both FY23 and FY22 were due to exceptional items amounting to Rs 1,908 crore in FY23 and Rs 2,654 crore in FY22, the company said in a statement.
The I&B ministry earlier wrote to CAG demanding an audit of all six DTH providers going back to the year when they were granted licenses
With shows like Sacred Games, TVF Pitchers, etc., OTT platforms in India have become popular. Watch TV shows, movies, and cricket on OTT platforms.
The Business Research Company’s Direct-To-Home (DTH) Services Global Market Report 2022: Market Size, Trends, And Forecast To 2026