#Tipsindustries Q3 2022 Concall Highlights
Like & Retweet for better reach !!
1. 60%-70% of the Tips library is 90’s Music
2.The Content charge for the quarter was around ₹10 cr
3. Overall the Viewership was reduced due
Like & Retweet for better reach !!
1. 60%-70% of the Tips library is 90’s Music
2.The Content charge for the quarter was around ₹10 cr
3. Overall the Viewership was reduced due
to opening up of the lockdown, but had no direct effect on Tips business.
4. When Tips came up with their IPO in the year 2000 they acquired 12 Labels at once like Times music, Gold Theatre and also a western
4. When Tips came up with their IPO in the year 2000 they acquired 12 Labels at once like Times music, Gold Theatre and also a western
5. As always content cost is written off in the same year of acquiring the content. They do lumpsum deals with singer instead of royalty model
like #saregama
6. Tips had signed a deal with Warner Music in 2020, this deal is till March 2024. This deal has a minimum guarantee and a lot of advance money is already lying with Tips.
7. The revenues from performances were good considering Covid.
6. Tips had signed a deal with Warner Music in 2020, this deal is till March 2024. This deal has a minimum guarantee and a lot of advance money is already lying with Tips.
7. The revenues from performances were good considering Covid.
8. Deals with Wynk and Gaanaa are still not done yet.
9. Youtube revenue per stream varies from 8 paise to 30 paise
Releases-
1. 86 new songs were released in this Quarter.
2. In past 9 months 203 songs were released
9. Youtube revenue per stream varies from 8 paise to 30 paise
Releases-
1. 86 new songs were released in this Quarter.
2. In past 9 months 203 songs were released
3. Bhojpuri song "Tumsa Koi Pyaara" by Pawan Singh & Priyanka Singh crossed 60 mn YouTube views. Song was released on 10th Dec.
4. Released songs of 2 big Punjabi films
5. Acquired 2 big telugu films
4. Released songs of 2 big Punjabi films
5. Acquired 2 big telugu films
Demerger-
1. Demerger of the music and the films business will be done by March or April.
2. 40% of the cash available as of 31st march 2022 will go to films business and remaining 60% to the music business
1. Demerger of the music and the films business will be done by March or April.
2. 40% of the cash available as of 31st march 2022 will go to films business and remaining 60% to the music business
Guidance -
1. The management continues to state the same numbers to grow at 25% - 30% on Top line and 15% - 20% Bottom line
2. Management won't hesitate to Invest in any content but quality will be the focus
Disc : Invested
1. The management continues to state the same numbers to grow at 25% - 30% on Top line and 15% - 20% Bottom line
2. Management won't hesitate to Invest in any content but quality will be the focus
Disc : Invested
• • •
Missing some Tweet in this thread? You can try to
force a refresh
