Top 10 Media and Broadcasting Companies in India 2015
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7. Entertainment Network (India) Ltd. (ENIL)
Entertainment Network (India) Ltd is one of the popular Entertainment and Media companies in India.
The company is majorly known for its radio broadcasting across the country under the brand name – Radio Mirchi. They are also into the event management and out-of-hoe media businesses under the brands ‘360 degree’ and ‘Times Out-of-home Media’ respectively.
The company was incorporated in 1999 and was owned by Times Infotainment India Ltd, a 100% owned subsidiary of Bennett Coleman and Company Ltd of Times Group. The company won the largest number of licences in 32 cities when government auctioned 108 FM frequencies and thus “Radio Mirchi – it’s hot” was born.
The channel has more than 41 million listeners (as per IRS Q4, 2010, last week recall) across stations. More than 40% of the radio revenues come from local advertisers. ENIL also has nine online stations, of which five were launched in 2013. ENIL also offers 17 radio feeds on a dial-in IVR platform, which is available across telecom networks.
The company reported an increase in PAT by 27% from Rs.83.45crores in FY14 to 105.97 crores in FY15.