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flag Nuvama predicts mixed results for Indian media in Q3FY25, with growth in music and multiplexes but broadcaster struggles.

flag A Nuvama report forecasts a lackluster performance for Indian media companies in Q3FY25, despite some growth in segments like music and multiplexes. flag PVR INOX, a multiplex operator, is expected to see an 8% increase in revenue but a 4% drop in footfall. flag Saregama, a music company, is projected to lead with a 52% revenue surge. flag Broadcasters face challenges due to reduced FMCG ad spending, but the report anticipates a recovery in advertising revenues in FY26 as pricing power returns and urban slowdown reverses.

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