Ashok Varma
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They can't get proper revenue (ads & subscription) with so much of safe game, profit decreased in latest financialsSony is playing safe, so that's why they are profitable.
Culver Max FY24 profit dips 19.43 pc to Rs 839.6 crore, revenue down 2.6 pc to Rs 6,510 cr
Culver Max Entertainment, previously Sony Pictures Networks India, saw a 19.43% dip in net profit to Rs 839.6 crore for FY24. Operational revenue fell by 2.6% to Rs 6,510.66 crore. The decline was mainly due to a drop in advertisement income by 12%. Subscription income rose by 7.25% to Rs...
economictimes.indiatimes.com