Leading Indian media and entertainment companies 2023, by net sales
Zee Entertainment Enterprises, India's leading media and entertainment company in terms of net sales, generated 66 billion Indian rupees as of April 2023. Sun TV Network and TV18 Broadcast followed with net sales amounting to approximately 35 billion rupees and 12 billion rupees respectively that year.
The impact of digitization
Recent developments in internet technology and communications are beginning to render radio and print media obsolete. Lately, online gaming, animation and digital media have registered prolific growth (805963) followed by a reduction in print media and radio. Platforms of online retail, e-commerce, digital media, advertisements, and OTT applications constitute few of the sources of revenue for the media and entertainment industry. To put that into perspective, by 2020, the advertisement revenue had almost doubled from its value in 2015 across the country.
Foreign Direct Investments in M&E
At the end of 2019, headlines were made of Netflix of investing approximately 30 billion rupees on content. Furthermore, Zee enterprises promised investments of over five billion Indian rupees into its content subsidiary Sugarbox over the next two years. By 2020, online gaming attracted VC investments which were estimated at approximately 350 million U.S. dollars. The higher internet speed spectrums and the advancement of information technology in recent years have developed a thriving market for online gaming. This steady investment inflow indicates success for the fifth largest media an entertainment in the world.
The impact of digitization
Recent developments in internet technology and communications are beginning to render radio and print media obsolete. Lately, online gaming, animation and digital media have registered prolific growth (805963) followed by a reduction in print media and radio. Platforms of online retail, e-commerce, digital media, advertisements, and OTT applications constitute few of the sources of revenue for the media and entertainment industry. To put that into perspective, by 2020, the advertisement revenue had almost doubled from its value in 2015 across the country.
Foreign Direct Investments in M&E
At the end of 2019, headlines were made of Netflix of investing approximately 30 billion rupees on content. Furthermore, Zee enterprises promised investments of over five billion Indian rupees into its content subsidiary Sugarbox over the next two years. By 2020, online gaming attracted VC investments which were estimated at approximately 350 million U.S. dollars. The higher internet speed spectrums and the advancement of information technology in recent years have developed a thriving market for online gaming. This steady investment inflow indicates success for the fifth largest media an entertainment in the world.
