Latest news with #KumarTaurani
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Business Standard
21 hours ago
- Business
- Business Standard
Tips Music acquires Studio Radha's full catalogue to expand into Gujarat
Tips Music, a music and film production company, has acquired Studio Radha's full music catalogue for an undisclosed amount to expand its footprint in Gujarat's cultural music heritage, the company said in a stock exchange filing on Monday. Studio Radha, known for its collection of more than 4,000 traditional songs — including devotional music, folk music and cultural storytelling — will add a heritage-rich catalogue to Tips' portfolio and strengthen its position in regional Indian music. The company said it will also explore new digital streaming and global publishing opportunities. The Studio Radha catalogue will be made available across major streaming platforms and digital services under the Tips Music banner. 'This acquisition, which has an authentic voice of our culture, is a strategic move to deepen our presence in India's vibrant regional music markets,' Kumar Taurani, Managing Director, Tips Music, said in a statement. 'Beyond preserving this incredible legacy, our goal is to leverage our modern distribution infrastructure and introduce these timeless songs to a new generation of listeners globally. This aligns perfectly with our business strategy of investing in high-quality, diverse content that holds timeless appeal.' In July, Saregama India, part of the RP-Sanjiv Goenka Group, had entered into a deal with NAV Records to acquire 6,500 tracks across Haryanvi, Punjabi, Ghazals, devotional and indie pop genres.
Business Upturn
a day ago
- Business
- Business Upturn
Tips Music acquires Studio Radha's catalogue of 4,000+ Gujarati and Kutchi songs
By Aditya Bhagchandani Published on August 18, 2025, 08:22 IST Tips Music Limited on Monday announced the acquisition of Studio Radha's complete cultural music catalogue, adding over 4,000 Gujarati and Kutchi heritage tracks to its regional music portfolio. The move marks a significant step in strengthening the company's presence in India's vibrant regional music market. The catalogue spans devotional, folk, and cultural storytelling songs, offering a heritage-rich addition to Tips Music's diverse portfolio. The company said this acquisition not only preserves the legacy of Studio Radha but also provides opportunities to bring these songs to global audiences through modern digital platforms and streaming services. Kumar Taurani, Managing Director of Tips Music, said the move was part of the company's strategy to invest in diverse, high-quality content with long-term appeal. He noted that the acquisition would allow Tips Music to 'introduce these timeless songs to a new generation of listeners worldwide' while expanding its footprint across regional markets. Tips Music, founded in 1988 by the Taurani Brothers, is among India's leading publicly listed music companies. It has a strong catalogue of over 34,000 tracks, including legendary Hindi film soundtracks such as Khalnayak , Soldier , Gupt , Pardes , and Taal , as well as recent blockbusters like Ponniyin Selvan 1 & 2 , Crew , and HanuMan . The company continues to partner with both legendary voices and contemporary artists across multiple languages and genres. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Standard
23-04-2025
- Business
- Business Standard
Tips Music slides as Q4 PAT tumbles 31% QoQ to Rs 30 crore
Shares of Tips Music tanked 4.10% to Rs 660 due to weak sequential performance. On a standalone basis, Tips Musics net profit tumbled 31% to Rs 30.6 crore in Q4 FY25 as against Rs 44.2 crore in Q3 FY25. Revenue from operations rose 1% to Rs 78.5 crore in Q4 FY25 over Q3 FY25. PBT declined 30.11% to Rs 41.31 crore in Q4 FY25 over Q3 FY25. On a year-on-year basis, the company's consolidated net profit jumped 19%, while total income rallied 24% in Q4 FY25. PBT soared 18.29% YoY. Operating EBITDA stood at Rs 37.3 crore in Q4 FY25, registering growth of 24%, compared with Rs 30.2 crore recorded in the corresponding quarter last year. EBITDA margin reduced to 47.5% in Q4 FY25 as against 47.7% reported in Q4 FY24. Total expenses increased 24.27% YoY to Rs 418.34 crore in the fourth quarter of FY25. Employee benefit expenses were at Rs 45.86 crore (up 7.42% YoY), while advertising stood at Rs 38.65 crore (down 6.77% YoY) during the period under review. Content cost for the quarter amounted to Rs 29.9 crore, representing a slight increase of Rs 6 crore in Q4 FY24. In Q4 FY25, the company released 105 new songs, comprising 37 film songs and 68 non-film songs. The YouTube subscriber base continued its upward trajectory, reaching 117.1 million. For Q4FY25, YouTube views were 56.7 billion, up by 19% YoY. Kumar Taurani, chairman & managing director, said, "I am pleased to report that the company has delivered a strong performance for FY2025. We achieved revenue of Rs 311 crore, representing a 29% increase y-o-y. Profit after tax (PAT) stood at Rs 167 crore, reflecting a y-o-y 31% growth. We distributed Rs 136 crore in FY2025 in the form of buybacks and dividends. Being able to reward our shareholders in this manner is a matter of immense pride for us." Girish Taurani, Executive Director, said, In Q4 FY25, we released a total of 105 songs, including 37 film songs and 68 non-film songs. The upward trend on YouTube persisted, with our subscriber count rising to 117.1 million. Two songs from the film Hari Hara Veera Mallu, released during the quarter, crossed over 50 million views on YouTube. Our catalogue continues to perform well too. The song Taaron Ko Mohabbat Amber Se from the Shaadi Karke Phas Gaya Yaar movie, which was released in 2006, became a viral sensation, generating over 9 million reels and 2 billion views on Instagram in Q4 FY25 alone. Another classic, Badal Gayi Duniya from the movie Andolan, which was released in 1995, surpassed 100 million YouTube views in FY25. With strong audience engagement and momentum, we are gearing up for an exciting slate of releases in FY2026. Hari Nair, chief executive officer, said, We are pleased to announce that the growth in our revenue has been across both digital and non-digital segments. In Q4, we announced an extension of our deal with Sony Music Publishing, adding YouTube as a platform for international publishing exploitation. Going ahead, we are committed to strong growth across platforms driven by our catalog and new content acquisition, from film and independent music. Meanwhile, the companys board considered and approved the reappointment of Kumar Taurani as the chairman and managing director of the company for a period of 3 years, effective from 1 June 2025, along with the payment of remuneration, subject to the approval of shareholders of the company. Tips Industries is engaged in the acquisition and exploitation of music rights.
