Speaking to CNBC-TV18 Sameer Nair Group CEO of Balaji Telefilms says that new shows have a much lower margin. He is hoping to have 10 shows on air by FY17 end.
TV business gross margin is likely to be up 25 percent by this fiscal year, he believes.
The plan now is to get next releases of movies in the next fiscal year, he says, adding that film business will likely book profit in FY18.
Balaji Telefilms will look to air new shows on Sony, Sun TV and Doordarshan.Transcript to follow...
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