In an interview to CNBC-TV18, Hiren Gada, Wholetime Director & CFO of Shemaroo Entertainment and Kapil Agarwal, Joint MD of UFO Moviez spoke about the latest happenings in the sector and the outlook for their companies respectively.
In an interview with CNBC-TV18, Hiren Gada said that margins in the new media business has been upwards of consolidated business and Shemaroo plans to increase revenue from the digital segment.
Miniplex, which is still in its build up phase, will boost company's profits in FY18, says Hiren Gada, Wholetime Director & CFO, Shemaroo Entertainment.
Shemaroo's new-media business, which is growing phenomenally, will further gain from the launch of 4G data service, says Hiren Gada, Wholetime Director and CFO of Shemaroo Entertainment.
Hiren Gada, director & CFO, Shemaroo Entertainment, is confident of company outgrowing media and entertainment industry.
Hiren Gada, Wholetime Director & CFO, Shemaroo Entertainment says any tie-up with Netflix will help company monetise content and will be margin accretive.
In an interview with CNBC-TV18, Hiren Gada, CFO of Shemaroo Entertainment says that the developing the content library is the main focus for the company.