Founded in 1993, Sun TV is the flagship channel of the media conglomerate Sun Group. This media company is headquartered in Chennai. The channel is aimed at the Indian Tamil-speaking community and is a general entertainment pay television channel.
History
Founded in 1985, Sun TV Network Limited is a media and entertainment company based in Chennai, India. It has operations in radio, television and film production. The company’s channels are broadcast in 27 countries, including the United States, Canada, Australia, Europe, Japan, South Africa, and Vietnam. It also has a wholly owned subsidiary in the United Kingdom.
In addition to television, the company also operates a network of FM radio stations in several Indian languages. Its first radio frequency modulation (FM) channel in Tamil was launched in 2003. In September 2004, SunTV Network launched a 24-hour Tamil music channel. Its other channels are broadcast in English, Marathi, Hindi, Bengali, Tamil, Telugu, Malayalam, and Gujarati. The company’s channels are available in 95 million households in India. It has a dominant market share in terms of viewership ratings.
Current revenue
Despite a decline in market share, SUN TV reported an upbeat performance in its Q1 earnings. Its net profit increased by 7.6% from the previous year, while its revenues grew by 10.2%. The company also credited the growth to its strong movie business and an upbeat valuation in the IPL auction.
SUN TV’s total assets and liabilities increased by 13% from the previous year. Its current assets grew 2% to Rs 53 billion, while its fixed assets jumped 39% to Rs 33 billion.
SUN TV’s revenue grew by 5.5% in FY22, while its operating profit rose by 10.4%. The net profit margin declined to 45.8% from 48.0% in FY21. SUN TV reported a net profit of Rs 16,419 million in FY22. The company has maintained its hold rating and target price of Rs 470.
Market capitalization
Founded in 1992 by Kalanithi Maran, Sun TV Network is a leading Indian mass media company. The company produces a lot of content, both on its own channels and through its subsidiaries. The company has several television channels and multiple radio stations in different languages. The Sun Group is one of the largest conglomerates in India.
The Sun TV Network is part of the Sun Group, which operates 24 FM stations in South India. It also operates an OTT platform called SUNNXT. The Sun TV empire also includes four ad free action movie channels and a couple of pay channels. Its most notable moment may have come when it emerged as the winner of the Hyderabad franchise of the IPL. Historically, media stocks have done well during times of pessimism, and in particular, when times are tough.
Channels offered
Founded in 1985, Sun TV Network Ltd is a media company that operates television channels in several South Indian languages. Its 32 channels can be viewed in 27 countries, including the United States and Europe. In addition, the company produces radio software programming and related rights. It also provides satellite services. A majority of its channels are in free-to-air mode, but there are some pay channels.
Sun TV launched its first Malayalam channel, Surya TV, in October 1998. The company’s other channels include a 24-hour film-based Tamil channel, as well as a Malayalam kid’s channel. In 2005, the company added a 24 hour Malayalam music channel to its lineup. It also partnered with Sun Entertainment, which produces small-budget movies for the channel. It co-produces daily soaps and web series for Sun NXT OTT app.
Awards
Founded in April 1993, Sun TV is the second-largest television channel in India. With 33 TV channels, its reach extends to 95 million households in India, South Africa, and USA. In addition, its channels can be viewed in 27 countries around the world. It has a control over over 50,000 hours of original content. In 2010, it launched its own awards ceremony. The first edition of the Sun TV Awards was held in 2010. The award ceremony recognized actors, actresses, directors, technicians, and more for their contributions to the TV industry.
The awards were given in 22 categories. The winners were selected based on their performance and votes. The top performers in each category were chosen by the network. Among the nominees, Thiru Selvam won five awards, while Sivasakthi and Metti Oli won one.
