Tag Archives: FY21

Covid-19 may cut media, entertainment sector FY21 revenue by 16%: CRISIL

New Delhi: The economic slowdown, exacerbated by the covid-19 pandemic, is set to cull the Indian media and entertainment industry’s revenue by 16% to ₹1.3 trillion this fiscal, according to domestic rating agency CRISIL. Advertisement revenue, which accounts for 45% of the pie, will see a sharper cut of 18%, while subscription revenue, accounting for 55%, will be relatively resilient ... Read More »