1 hr ago

Nuvama Sees Media Sector Growth Improving in Q3FY27

Nuvama Research expects the media and entertainment industry to have a better December quarter.

It says spending could rise because Diwali will come later in the year.

More people may watch films, television and online content.

Several major movies are planned for release.

Sports events could bring more viewers to television and digital platforms.

This may help companies gain more subscribers and earn more money from digital services.

Regional music is also expected to continue performing steadily.

However, some broadcasters may spend more on advertising, which could reduce their profits in the short term.

Key facts

Outlook: Nuvama expects a decent quarter for most media and entertainment companies.
Period: Q3FY27, the December quarter
Festive driver: Late Diwali is expected to improve spending, advertising and consumer engagement.
Content pipeline: Several major films are scheduled for theatrical release.
Sports impact: Major sports events could increase television and digital engagement and support subscriptions.
Music segment: Regional content and continued digital consumption are expected to keep music performance steady.
Profitability risk: Higher advertising spending by some broadcasters could pressure near-term profitability.

thehindubusinessline.com · 2 hrs ago