{"id":862826,"date":"2024-10-04T07:56:54","date_gmt":"2024-10-04T02:26:54","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=862826"},"modified":"2024-10-04T07:59:41","modified_gmt":"2024-10-04T02:29:41","slug":"digital-transformation-to-drive-media-revenue-growth-to-8-by-fy2027","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/04\/digital-transformation-to-drive-media-revenue-growth-to-8-by-fy2027\/","title":{"rendered":"Digital transformation to drive media revenue growth to 8% by FY2027"},"content":{"rendered":"<p>The Indian media industry is expected to see annual revenue growth of approximately 8 per cent by FY2027, driven by the increasing dominance of digital platforms, with annual revenue reaching approximately Rs 60,000 crore. <\/p>\n<p>This follows a slower annual growth of 5 per cent between FY2019 and FY2024, as consumer preferences shifted to digital platforms, according to data provided in a CRISIL report. The revenue growth, along with a focus on rationalising costs, is projected to expand operating margins by almost 500 basis points (bps) to approximately 18 per cent by FY2027.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian media industry is expected to see annual revenue growth of approximately 8 per cent by FY2027, driven by the increasing dominance of digital platforms, with annual revenue reaching approximately Rs 60,000 crore. This follows a slower annual growth of 5 per cent between FY2019 and FY2024, as consumer preferences shifted to digital platforms, according to data provided in a CRISIL report. The revenue growth, along with a focus on rationalising costs, is projected to expand operating margins by almost 500 basis points (bps) to approximately 18 per cent by FY2027.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[36,9,4],"tags":[],"class_list":["post-862826","post","type-post","status-publish","format-standard","hentry","category-broadcasting-business-standard-newspapers","category-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/862826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=862826"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/862826\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=862826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=862826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=862826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}