Who wants tobe a trillionaire?
MANAGEMENT GURU
The annual FICCI-PwC report on the Indian Entertainment and Media sector is out and predicts a staggering CAGR of 18% for this sector by 2011. The report pegs the sector's turnover to touch a whopping Rs.1 trillion at the end of 2011 from the current Rs.437 billion. While the TV industry is projected to grow by 22%, the print media sector will grow at 13%. With over 100 million pay TV homes in the next four years, subscription revenues are supposed to be the biggest boost provider for the idiot box. The Radio is expected to witness a growth of 28% and a cool Rs.17 billion as ad revenues by 2011. Also, 2006 saw 13 FDI proposals getting the green signal by the centre and 22 more are under the government's scrutiny.
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Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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