Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: VAT RATES :: form 3cd :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: list of goods taxed at 4% :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: TDS :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt
 
 
« General »
 Tax Department To Launch 2nd Phase Of Bank Accounts' Scrutiny Next Month
 How to claim tax benefit on tuition fees under Section 80C
 Online Income Tax grievance redressal facility launched at 60 offices
 Demonetisation impact on government tax revenue marginal; direct tax personal income grew at above budget estimates
 ICAI seeks more accountability, transparency in defence sector
 Will Budget help double farmers’ income?
 Verify online deposits made post demonetisation, income tax department asks taxpayers
 Union Budget 2017: Best budget is do not change anything, do no harm, implement well
 Why salaried class deserves standard deduction
 3 new taxes that Modi government could introduce, but won't
 Tax gains may showcase demonetisation windfall

KPMG: Indian M&E grew 11%, to accelerate
March, 23rd 2011

The Indian media and entertainment (M&E) industry grew by 11 per cent in 2010 to Rs 65,200 crore, according to a report by KPMG and business chamber Ficci.

The report suggests the rate of expansion will accelerate and by 2015, the business will be worth Rs 1,27,500 crore. That translates into a compounded average growth rate (CAGR) of 14 per cent over five years, compared to the 10 per cent CAGR in the five years to 2009.

The resurgence in advertising, growth in subscription revenues, thrust on digitisation, and emerging avenues for content monetisation have been the key growth drivers for industry in 2010, said Rajesh Jain , head of media and entertainment, KPMG.

The industry in 2010 reported a growth across all sectors other than film. Its ad spends grew 17 per cent year-on-year to Rs 26,600 crore. Revenue from television advertising and subscription are expected to touch Rs 21,400 crore and Rs 41,600 crore, respectively, by 2015.

Contrary to Western markets, the print media is expected to grow at a CAGR of 10 per cent to Rs 31,000 crore, mainly buoyed by growth in regional media. Radio is expected to grow at 20 per cent per annum. The film industry is going to grow to Rs 13,200 crore by 2015 from Rs 8,300 crore in 2010.

While television and print will continue to dominate, sectors such as gaming, digital advertising and animation/visual effects are likely to grow at a faster rate. These changes are mainly due to the launch of third-generation telecom services, new gaming platforms and innovation in technological devices such as tablets and smartphones.

Businesses are now beginning to understand the power of this tool and integrating it into their core marketing plan to reach out to their target audience, said Jehil Thakkar, executive director, M&E, KPMG.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Web Application Development Web based Software Solution Web Application Deployment Web Application Solutions Web Application Software Development Web Application Deployment Web Application Programming Web Application Design and Development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions