Category: ICC WORLD CUP

  • Mipcom keynotes celebrate power of the great story

    CANNES: Taking the cue delivered by CBS Corp. president and CEO Leslie Moonves at yesterday‘s opening day main keynote, today‘s keynotes harked on quality content as becoming ever more critical in a digitally enabled world.

    United Artists CEO Paula Wagner and NBC Entertainment NBC Entertainment & NBC Universal Television Studio co-chairman Ben Silverman both stressed on how important quality content would be in a world of infinite choice.

    Wagner pointed out how global box office receipts of American movies were worth $ 26 million last year, a growth of 11 per cent CAGR. Not surprisingly, more than two thirds of revenues from the movie business camde from international markets.

    Wagner pointed to the days of the captive consumer being over and which in turn necessitated ever higher spends on marketing and distribution.

    Wagner, who with business partner Tom Cruise reached a deal last November with Metro-Goldwyn-Mayer to take over United Artists, said her studio was committed to promoting original and daring commercial projects that would have one key underpinning – great storytelling.

    Wagner made it clear though that these were business propositions so there had to be clarity on the finacial aspects of any project that UA would undertake.

    Creativity with financial discipline would determine their business model, Wagner stated.

    Following on her talk on the movie business was Silverman who declared that his network was committed to and believed strongly that what would work was content built for the global market.

    Silverman cited the Bourne movies as an example of cinema that has an international outlook in terms of cast and shooting locations. He pointed to how that kind of international outlook was also coming into his network‘s shows with more characters from the UK, India, Japan, China, etc having important roles in the shows that were being green lighted as well as those already on air.

    As did Wagner, Silverman also noted how important it was to help foster creative vision and ensure the servicing of creative voices.

  • Big networks best positioned to leverage digital opportunities: Moonves

    CANNES: Is network television going to head the way of the dinosaurs? Well, if they are they will be of the raptor variety, fleet footed aggressive and highly adaptive.That was CBS Corp. president and CEO Leslie Moonves delivering his keynote address at Mipcom on Monday making the point that when it comes to delivering mass audiences, it will always remain the networks that do it best.

    The digital world and all the avenues it is opening up provides great opportunity for those who can command a significant share of the audience day after day, year after year. And it is only the big television networks around the world that can deliver. “We are the guys who feed the world what people want to watch in really big numbers,” Moonves asserted.

    In the new multi-platform world, the new digital universe, it is branded content from the networks across the world that will be able to feed this ever expanding universe.

    Multiple platforms are always going to need content so the networks are actually well positioned to benefit from this demand. Ever new ways of reaching audiences means ever new revenue opportunities, Moonves pointed out.

    “We‘re continuing to focus on high quality mass appeal programming. Every new platform is an empty shell without compelling content.”

     

    And Mooves‘ knockout line delivered to all ‘upstart tech mavens‘ who might presume that the networks are about to go away anytime soon? “Wireless is useless if hitless!”

     

    And who delivers those mass appeal hits? The big networks naturally.

  • Indian delegate strength crosses 220 at Mipcom

    CANNES: The day was bright, the sessions were well attended, and the evening party was rocking.It was India Day at Mipcom Monday and it showed, what with the country being the ninth largest exhibiting nation at this year‘s market.

    With Indian presence standing at 220+ delegates at last count, the efforts put in over the last one year by Indiantelevision.com founder and CEO Anil Wanvari, who is also Reed Midem‘s representative in India, Reed Midem television division director Paul Johnson and Reed Midem international sales manager Arnaud Denanteuil have delivered rich dividends at the world‘s largest audio-visual market place. The upbeat mood remained through the day and reached its peak during the evening networking party hosted by Ficci for all the delegates at the market.

    The fragrance of incense, the flame of diyas, Indian tattoos, saris, bindis… with every delegate at the party sporting an Indian Bandhini stole… with gulab jamun as the dessert for the evening… its flavour was distinctly desi and more than a hit with both Indian and foreign delegates.

    With a 1000+ people from all over the world hitting the dance floor of the Majestic at Cannes, and the sound waves pulsating to the rhythm and melody of Rang De Basanti, Choli Ke Peechey, Tunak Tunak Tun and Yaar bina chayn kaha re, and other Indian numbers… and the crowd not ready to leave the dance floor… the message going out was this… the world is ready for Indian content!

     

     

  • Money not enough to succeed in India, Screwvala warns international players

    CANNES: Amongst all the India high fives chatter on the opening day of Mipcom, UTV Group founder and CEO Ronnie Screwvala offered a reality check to both Indian as well as international companies on the opportunities and challenges of doing business in India.

    Screwvala‘s session with Anil Wanvari, founder and CEO of Indiantelevision.com, was clearly aimed at cutting through the bombast and some of the points he made will have made some really big global conglomerates a tad uncomfortable.

    To quote from some Screwvala-speak: “I do believe that in many aspects, many of the multinationals that have come into the country, may not have had the best experience. My question to them for coming in, in the future is always going to be, ‘What‘s your value add?‘ Because India is a very unique market.

    “And if you‘re coming in there thinking, ‘Well we can go out there and buy. We can go out there and give large amounts of money and display that.‘ I dont think necessarily, that‘s going to be the way that India is going to welcome that player.”

    Screwvala took the examples of long invested in India conglomerates like Time Warner (CNN & Cartoon Network), Viacom (MTV, Nick, Vh1), Sony, Pearsons, Kerry Packer (Channel 9), Disney (Disney Channel, Toon Disney and now Hungama) and News Corp (Star) to make his point.

    Said Screwvala of Warner, “CNN and Cartoon Network have really not had an India agenda though they have been in India for the last 15-20 years. CNN finally licensed their brand name to a local news channel (Network 18‘s CNN IBN) for as cheap as a million dollars. That clearly articulates a lack of strategy for the Indian environment.”

    Pearsons (print) and the Packer group (TV) had both burned their fingers in India and in the process burned off $ 100 million each, he pointed out.

    Interestingly, even News Corp‘s Star is not as rosy a story as commonly perceived, Screwvala pointed out. Looked at for the period between 1992 and 2007, net-net, the cumulative P&As would not be on the plus side, was Screwvala‘s view. Why? Because between 1992 and 2000, Star was bleeding big time, particularly on the huge investments it made to launch DTH then, which proved a non-starter.

    Even Star‘s market dominance of 2000-2005 was one of missed opportunities, according to Screwvala. He believes that not enough was done then to monetise and leverage the dominance Star plus enjoyed then.

    His advice to international companies – “Ask the question: ‘What‘s your strategy? What‘s your value add?‘, before taking the plunge.”

    On the domestic front, Screwvala sees cable as being the single largest bottleneck to the evolution of the industry to the next level. The cable industry would require anywhere between $5-10 billion dollars of investment in hardware if it was to evolve into the new digitalised world and that wouldn‘t happen without regulation of the cable industry, Screwvala stressed.

    He remained unimpressed by calls for regulation in other parts of the broadcast value chain though.

  • India can become largest pay TV market in the world: Chandra

    CANNES: During his keynote at Mipcom today, Zee Group CMD Subhash Chandra asserted that India had the potential to become the largest pay television market in the world.

    However, Chandra remained steadfast that while newer distribution avenues would eat into the dominant share that cable enjoyed in Indian television households, that was not to imply that platforms like direct-to-home (DTH) would take over.

    Chandra made the point during his interaction with Chris Forrester, Rapid TV News Editorial Director, who asked: “Do you see this threat (to television viewing) that today‘s youngsters will remain on a gaming, animation, or maybe mobile path?”

    Chandra dismissed the notion as being higher on hyperbole than fact. “I don‘t see that day. When we started television everybody in the film industry said this is going to kill the industry. It didn‘t. It actually enhanced the film experience.

    “Today in India, more than 70 films are screened per day and available to 70 million homes but still people watch cinema. Similar things will happen. All these newer avenues (for content to flow) will consume more and more media as they are made avilable at cheaper prices. As the newer applications come, they will all complement each other. Today we are showing gaming on the DTH platform.”

    Queried over whether going forward, he saw DTH becoming the primary feed into TV homes, Chandra responded: “It will not become the primary feed because regulation will not allow it, which is a good thing. But I do agree that other delivery platforms will take 40-50 per cent of the distribution market over next five-seven years.”

    On the issue of there being only one dominant or at the most two competing DTH platforms in other television markets, Chandra said: “India is a country of surprises. We will still be able to see two or three DTH platforms operating. Not five or six as is the case now though. So in that sense we will see consolidation.”

    On regulation, Chandra was quite clear that India needed it if the industry was to be able to grow in an orderly fashion. Said Chandra, “There should be regulation. Actually there is no regulation in India today. Only some guidelines on FDI caps and this kind of thing, nothing else.”

  • $ 200 million outlay for new Zee’s wellness channel Veria

    CANNES: Zee Group CMD Subhash Chandra‘s keynote at Mipcom today was also an occasion for him to talk about a pet project of his – Veria, the alternative lifestyle channel he has just launched in the US. Chandra revealed in his interaction with Chris Forrester, Rapid TV News Editorial Director, that a total investment of $ 200+ million had been earmarked for the channel. Veria is a wholly owned subsidiary of Essel Group.

    Available in the US in 15 million homes currently in the free preview period, Veria will in due course be encrypted as a pay channel. Queried by Forrester as to why he chose lifestyle as a genre for his first direct entry effort in the US, Chandra pointed out that while the channel fell into the lifestyle segment, there was nothing like Veria anywhere in the world created specifically around alternative lifestyle. Chandra terms Veria as a 360 experience that connects the TV screen, the web as well as direct consumer interface through a network of ‘wellness centres‘ that would be set up acrss the US.

    “We would like this product to be global in next five years. That is what is planned. The next step is to dub this content into Spanish to serve the Hispanic population of America, Latin America, and then go to Europe and Canada. And slowly perhaps, come to India as well,” Chandra concluded on a wry note.

  • Breakthrough Animation’s ‘My Big Big Friend’ wins The Licensing Challenge

    MUMBAI: Breakthrough Animation and 2-D Lab‘s children‘s animated series, My Big Big Friend (52 x 11‘) has won The Licensing Challenge, sponsored by License Global! at this year‘s Mipcom Junior.

    The announcement was made by Breakthrough Animation executive producer and managing partner Kevin Gillis.

    The Licensing Challenge is a pitching session that showcases the TV property with the highest licensing potential. The international jury included Leigh Anne Brodsky (Nickelodeon), Stan Clutton (Fisher Price), Anna Hewitt (BBC), Andrew Lane (Hasbro), John Lee (World World), and Richard Woolf (Jetix).

    “We are extremely pleased that My Big Big Friend was honored at the Licensing Challenge this year” said Gillis. This is a very special property with unique characters and intriguing storylines that will resonate with the 4-6 age demo worldwide. Every child needs a big big friend, especially at this time in their lives.”

    With a combination of 2-D and computer-generated imaging animation, My Big Big Friend is a series of fun, frolic and adventures that all starts with a little boy. Yuri is 6, an only child, with an energetic and curious attitude towards life. In the world of his imagination he is brave, daring and adventurous, but in real life he is truly shy and lonely. At least he was until the day he had an idea. A great big idea. Golias! Golias is Yuri‘s imaginary friend – only don‘t tell Golias – he doesn‘t know he‘s imaginary! Nor do Bongo or Vanessa. With the help of their Big Friends, Yuri and his chums, Doris and Matt, discover that if you imagine you can, sometimes you really, really can.

    The multi-platform comedy pre-school adventure series is available for broadcast, broadband and mobile platform formats at Mipcom. My Big Big friend will be supported by a line of books and an interactive multi-platform content produced specifically to tie-in with the broadcast series. My Big Big Friend is a Brazil, Canada co-production with 2-D Lab in Brazil and Breakthrough Animation in Canada.

  • Young India defining viewership trends: Dasgupta

    CANNES: India was everywhere at the Palais in Cannes as Mipcom 2007 kicked off this morning and even the weather gods seemed to have got into the act.The climate was pleasant as the market welcomed thousands of delegates attending the world‘s biggest television market.

    Sony Entertainment Television (SET) India CEO Kunal Dasgupta opened proceedings for the high-powered Indian presence at Cannes by offering a detailed overview of the third largest TV viewing market after China.

    Marking out television as the engine of Indian media industry growth, Dasgupta said revenues are projected to triple by 2011.

    Offering a macro view, he outlined key industry drivers as:

        Development of content for niche viewers
        Pricing remains a key driver, whether it is for cable subscription, film tickets or newspaper prices
        Increased consumerism and increased advertisement spend by marketers fueling further growth
        Use of technology for special effects, animation and other creative work leading to better quality of media products
        Enabling regulations related to broadcasting, print and radio by the Government

    Not surprisingly, the opportunities thrown up by India‘s young population increasingly exposed to, and hence aspiring for, a better lifestyle, and therefore willing to spend more on entertainment was one of the cornerstones of his speech.

    While touching on the complexities that the Indian market represented, Dasgupta‘s focus was clearly on the advantages India offered on the global media map and the opportunities on offer for international players looking to do business in India.

    Television:

        Production/co-production of content including animation
        Broadcasting of TV channels
        Distribution of TV channels through cable and new delivery platforms like DTH and IPTV
        Technology transfer for digital content creation
        Marketing of TV rights/air times
        Strategic investment in existing companies in broadcasting, distribution and content
        Adapt show formats
        Dubbed movies
        Branded European blocks

        Radio:
            Investment in FM and satellite radio
            Content creation for radio channels
            Marketing of air times

        Films:
            Production/co-production of films
            Processing, distribution and exhibition of Bollywood films
            Shooting of overseas films in India
            Development, distribution and exhibition of Hollywood/overseas films
            Training for technical and functional areas of film making
            Supply of hardware to film studios

        Music:
            Creation of content for film and non-film music
            Marketing of film and non-film music
            Strategic investment in local music companies

        Print:
            Strategic investment in news and non-news publications
            Tie-ups for providing content to Indian publications

     

  • Firangi will clearly be largest India buyer: Rajeev Chakrabarti

    Firangi will clearly be largest India buyer: Rajeev Chakrabarti

    MUMBAI: Sahara One‘s world television channel Firangi will be making major acquisitions at Mipcom 2007, the international audio-visual market event which kicks off today in France.

     

    The channel is eyeing content across genres like comedy romantic comedy, drama, thriller, short series and movies.

     

    Firangi business head Rajeev Chakrabarti says, “Firangi promises to offer its viewers the best stories. It will truly be a window to the world as we will acquire stories from all across the world.”

     

    Although a launch date has not been fixed, he says that Firangi will “definitely launch in 2007.”

     

    Being a world television channel, Firangi will need a large library of content that will be later dubbed in Hindi.

     

    “For Firangi, we will need substantial amount of world class content. However, my focus will always be more on the quality than quantity. I will not pick up anything less than the best just to fill up the channel,” says Chakrabarti.

     

    Speaking about Mipcom he says, “We are in touch with the content providers worldwide throughout the year. Mipcom gives us an opportunity to meet all the players in the market but we pick up formats as and when we need them.”

     

    Being the first channel in this genre, how difficult it will be to gather content? “I don’t foresee any problem on that front. We will always have access to the best stories at any given point in time. The world market has become extremely competitive and the overall standard of television content has improved drastically,” he says.

     

    When asked how the international market views India today, Chakrabarti says, “India as a market can‘t be ignored by any buyer or seller in the world. We produce many more hours of high quality drama than most of the players around the world. There is a growing market of finished product around the world and a good story will always be picked up as emotions have no language. Firangi will clearly be the single largest buyer in India.”

  • Ficci takes 70-member team to Mipcom

    Ficci takes 70-member team to Mipcom

    NEW DELHI: Today is India Day at Mipcom, the largest international audio-visual market place in the world, and a 70-member team from the Federation of Indian Chambers of Commerce and Industry (Ficci) is in Cannes to represent the country which has been declared as the ‘Country of Honour.‘

     

    Led by Sony Entertainment Television CEO Kunal Dasgupta who is co-chairman of the Ficci entertainment committee, the team is partnering with Reed Midem to host the India theme opening night get-together to help its delegates garner maximum business advantage and exposure.

     

    Ficci is also putting up an India Pavillion to showcase competencies of a varied range of media companies who will interface with global industry heads.

     

    Mipcom 2007, being held in Cannes in France from 8-12 October, will have audio-visual players from all over the world meet under one roof in order to forge new business deals. It provides a unique opportunity to TV and film producers and distributors, broadcasters, digital media content provider and advertising brands to trade in content across all platforms and share new practices that are redefining business models around the world.

     

    Over the four days of Mipcom, business to the tune of $6-$8 billion is generated for entertainment companies. The India Day is dedicated to India-centric programmes and workshops.

     

    Recent estimates show that the total value of Indian content sold outside India is at $200 million and this number is expected to grow at 20 per cent every year, as India becomes the flavour of the coming decades.

     

    The overseas market now brings one-fifth of the revenues for any major film released in India. Indian films are screened in 110 countries as varied as Peru, US, UK, Malaysia and Australia.

     

    Ficci secretary general Amit Mitra said, “The Indian entertainment industry has outperformed the Indian economy and is one of the fastest growing in India. Revenues from Indian television industry are expected to grow from $4.2 billion to $11 billion to 2011.”

     

    Quality content, he added, would continue to be crucial driver for the development of media in India and indeed everywhere.

     

    Two Indian media moguls — Zee Network and Essel Group founder and chairman Subhash Chandra and UTV founder and CEO Ronnie Screwvala – will discuss India’s dynamic and rapidly expanding entertainment landscape.

     

    The FICCI delegation has key players in the media and entertainment space who will address the Mipcom conference as well as attend major sessions and seminars: Sony‘s Dasgupta, B.A.G Films chairperson Anurradha Prasad, DQ entertainment CMD Tapaas Chakravarti, Hungama mobile MD Neeraj Roy, Indiagames founder CEO Vishal Gondal, Ocher Studios director Soundarya Rajnikanth, Anirights Infomedia founder Ashish Kulkarni, Graphiti multimedia COO Munjal Shroff, NDTV Media CEO Raj Nayak and Shemaroo Entertainment’s Hiren Gada.

     

    The delegation also has members from Time Broadband Services and IndusInd Media, among many others.