[icernet] Entertainment Sector Revenues Up 27.7% In 2002

[Arul Selvan]

   Revenues in entertainment industry rose 27.69 per cent in the 
calendar year 2002 to Rs 16,600 crore, according to consulting firm 
KPMG, which is the knowledge partner for Ficcis Frames 2003. Income 
from television accounted for over 60 per cent of the entertainment 
industrys revenues, touching Rs 11,100 crore against Rs 9,400 crore in 
2001. The entertainment industry includes film, TV, music and radio. 
Cable TV subscription revenue is driving TV industrys growth totalling 
Rs 6,000 crore. Advertising income stood at Rs 3,900 crore. The cable 
and satellite (C&S) households have grown to 41 million in 2002, up from 
37 million. With just 21 per cent penetration, the number of C&S homes 
is bound to go up.

Source:
http://www.financialexpress.com/fe_full_story.php?content_id=29522