Showtime: M&E revenue to script a turnaround next fiscal

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February 24, 2021 8:37 AM

Media & entertainment revenues are expected to script a strong 27% rebound to Rs 1.37 lakh crore in FY22 after contracting 26% this fiscal.

entertainmentEconomic recovery should boost ad revenues that are estimated to see an encouraging 31% y-o-y growth led by TV & digital; subscription revenues are projected to grow 24% y-o-y in FY22.

Media & entertainment revenues are expected to script a strong 27% rebound to Rs 1.37 lakh crore in FY22 after contracting 26% this fiscal. Economic recovery should boost ad revenues that are estimated to see an encouraging 31% y-o-y growth led by TV & digital; subscription revenues are projected to grow 24% y-o-y in FY22.

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