TV ad revenue surges 1.6% to Rs 31,800 crore in FY 2022-2023: TRAI

The 26th Annual Report for the year 2022-23 of the Telecom Regulatory Authority of India noted that TV advertisement revenue has increased by 1.6% from Rs 31,300 crore in the year 2021 to Rs 31,800 crore in the year 2022. The reported advertisement revenues by the private FM Radio broadcasters have increased by 26% from Rs 1227.15 crore in the year 2021-22 to Rs 1547.13 crore in the year 2022-23.

As such, subscription revenues still account for a major share of the overall TV industry revenue. However, it has decreased by 3.7% from Rs 40,700 crore in the year 2021 to Rs 39,200 crore in the year 2022.

India’s television industry stands at Rs 70,900 crore in the year 2022 as compared to Rs 72,000 crore in the year 2021, thereby registering a decline of around 1.5%.

As per the industry reports, Indian Media and Entertainment sector grew 19.9% in 2022 to reach Rs 2.1 trillion from Rs 1.75 trillion in 2021 and is expected to reach Rs 2.83 trillion in 2025 with a CAGR of 10%.

Television is one of the largest and fastest growing segments of the sector, contributing around 35% of the total Media and Entertainment revenue.

At the end of the financial year 2022-23, the overall telecom subscriber base reached 1172.34

st million in comparison to the subscriber base of 1166.93 million as on 31 March, 2023 registering an increase of 5.41 million subscribers during the financial year 2022-23.

The wireless subscriber base was 1143.93 million at the end of 31 March, 2023 in comparison to the subscriber base of 1142.09 million as on 31 March, 2022.

The total wireline subscriber base as on 31 March, 2023 stood at 28.41 million as compared to 24.84 million subscribers on 31 March, 2022, registering an increase of 14.37% during the year 2022-23.

The Internet subscriber base in the country as on 31 March, 2023 stood at 881.255 million as compared to 824.888 million as on 31 March, 2022. The total broadband subscriber base of the country as on 31 March, 2023 is 846.569 million, whereas it was 788.295 million on 31 March, 2022.

Digital media has seen a 27% growth in digital subscriptions in 2022.

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