LEADING MEDIA GROUPS IN INDIA

Company/Group revenues (~crore)

FY 2011 DB Corporation 1,279 1,475 1,592 1,050 1,183 1,553 1,247 1,402 1,525 1,378 1,498 1,500 976 1,129 1,490 727 900 1,100 945 na 1,100 na 1,275 na na 1,000 na

FY 2012

FY 2013

The Times Group (BCCL, TV, internet and ENIL) Zee Group (broadcasting, DTH, cable and news) STAR India

na 5,500 6,700 5,027 5,648 6,350 2,952 4,669 6,100 Bharti Airtel 2,956 (VAS & DTH only) 3,714 4,270 Sony na (broadcasting only) 3,000 3,120 HT Media (Group) 1,810 2,078 2,048 Network 18 (Group) 1,693 2,077 2,400 Sun Network 2,013 1,848 1,923 Tata Sky 1,354 1,590 na

Prasar Bharati Corporation Jagran Prakashan

Hathway Group (publishing and cable) Reliance (ADAG - media) Malayala Manorama Kasturi & Sons (The Hindu) Disney-UTV

ABP Ltd

Notes:1)The Times Group's numbers are estimates of the total of its listed and unlisted businesses. 2)STAR India includes ESPN-Star Sports which it bought out last year 3)Bharti Airtel' s VAS revenues are assumed at an India average of 10 per cent of the revenues from mobile services. From this figure 40 per cent, the industry average for peer-to-peer SMSes is eliminated. The remaining has been added to the DTH figure to arrive at an estimate of total media revenues. 4)The Hathway figures include the revenues for their listed cable company and estimates for the unlisted Asianet Cable and the publishing one (Outlook et al) 5)The Reliance numbers do not account for its unlisted media businesses such as film production and gaming. They are a total of two firms - Reliance Broadcast Network and Reliance Mediaworks. The Reliance Mediaworks topline number is for 18 months. Sources: Annual reports, company websites and officials, Business Standard Research Bureau, Capitaline, Media Partners Asia, CRISIL and Indiantelevision.com. Data compiled and analysed by Vanita Kohli-Khandekar. This data may be reproduced only with due credit to either The Indian Media Business or the author.