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The overall TV sports market is expected to touch Rs 9,830 crore and sports digital revenue will hit Rs 4,360 crore by FY26, according to a report. The digital revenue for sports, which was Rs 1,540 crore in FY21, is expected to grow three-fold to Rs 4,360 crore in FY26, it added. While Cricket continues to dominate the sports viewership in India with the IPL season having the most significant impact, other non-cricketing franchise-based events such as kabaddi, football, kho-kho etc are also witnessing traction. In the first nine months of 2022, the sports viewership in India stood at 722 million and is estimated to surpass the 776 million viewership of the pre-Covid year of 2019, as per the report. The digital revenue for sports is growing with a high double-digit CAGR of 22 per cent, said the joint report by industry body CII, KPMG and India Broadcasting Digital Foundation. "The same is likely to be driven by organic growth in the number of OTT viewers in India, as well as an ..
Television consumption by Indians increased nine per cent to 999 billion weekly viewing minutes on the back of the COVID-19 pandemic in 2020, rating agency BARC said on Monday. The average time spent by every viewer increased to 4 hours and 2 minutes a day in 2020 from 3 hours 42 minutes in 2019, the Broadcast Audience Research Council (BARC) said attributing the rise in viewership to the lockdowns where people were forced to be indoors for an extended period. The general entertainment channels (GEC), the biggest category of TV viewing, gained nine per cent by viewing minutes, movie watching was up 10 per cent, kids reported a 27 per cent increase, while music (-11 per cent) and sports (-35 per cent) showed a decline. News, where BARC's own record came in for a lot of scrutiny with the arrest of its former chief executive Partho Dasgupta leading to a stopping of the rating publishing, saw a 27 per cent increase, it said. BARC CEO Sunil Lulla said the peak of TV viewing was in March