Showtime: M&E revenue to script a turnaround next fiscal

Media & leisure revenues are anticipated to script a robust 27% rebound to Rs 1.37 lakh crore in FY22 after contracting 26% this fiscal. Economic restoration ought to increase advert revenues which are estimated to see an encouraging 31% y-o-y progress led by TV & digital; subscription revenues are projected to develop 24% y-o-y in FY22.

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