Media and Entertainment :

• 40 Media and entertainment stocks listed in stock exchange.
• Stocks Gained 46% Vs sensex gain of 19%
• Industry grew 11.7% to Rs.72800 Cr in Cy 2011.
• Benefited from India’s economic expansionand demographic trends.
• Poised to grow 13% to Rs.82300 Cr in CY 2012
• Expected to grow 77% to Rs.145700 Cr by CY 2016 due to stong demand in Tier 2 and Tier 3 cities.
• Recent government announcement of increase in FDI to 74% in broadcast distribution was ositive.
• Multi System Operator (MSO) have to undertake upgradation of network towards digitization to qualify for this 74% FDI limit. vOtherwise they fall under 49% FDI clause.
• Reliance Industries invested in TV18 in Jan 2012.

MSO Siti Cables :

• Earlier known as Wire and Wireless India Ltd
• Result of 3 way demerger from Zee Telefilms in 2006. The other two being : Zee News and Dish TV.
• Multi System Operator in Cable distribution.
• Stock gained 291.61% from Apr 2012 to 22^nd Jan 2013.

DEN Network:

• Another MSO with pan india presence.
• Stock surged to Rs.224.80 from Rs.35.25 on 19^th Aug 2011.
• IPO Price of Rs.195 in Nov 2009.

Zee :

• Gained 89% in current year.
• Debt Free status.
• Fresh buyback at price not exceeding Rs.140 per equity share
• Diversified portfolio of channels.

Sun TV:

• Steady growth in DTH business Sun Direct.
• Rise in subscription revenue and pay channel revenues.

PVR :

• India’s largest multiplex operator.
• 351 screens at 85 locations with 84000 seats.
• Gained 89% in current year.
• Acquired Cinemax for Rs.395 Crores in early Jan 2013.

Underperformers : Sahara One Media, Reliance Broadcast Network, Entertainment Network, DQ Network etc.