TV18 group’s PowerYourtTrade.com is a stock investment advisory site. It charges Rs 105 a month from every subscriber who will receive daily stock strategies from experts and analysts. B Saikumar, the CEO of TV18 Media Network, says (see the interview in Indiantelevision.com) the website has 65,000 subscribers paying Rs 105 a month. That’s a revenue of Rs 68.25 lakh every month, and Rs 8.19 crore a year.
Saikumar also says that they are contemplating making a part of Moneycontrol.com subscription-based. As for Jobstreet.com, they may look at starting advertising sales once it gets established and the placement revenues kick in.
Lastly, Saikumar says there is a lot of growth left in the group unlike other media companies where they have almost peaked. TV18 did sales of Rs 150 crore last year, and Saikumar adds, it may may touch Rs 250-Rs 260 crore (it’s not clear by when, though).
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