Category: GECs

  • Zee Media reports higher ad revenue growth in Q3 2018

    Zee Media reports higher ad revenue growth in Q3 2018

    BENGALURU: The Essel group’s news arm, Zee Media Corporation Ltd (ZMCL), reported higher revenue and profit after tax for the quarter ended 31 December 2017 (Q3 2018, the quarter under review) as compared with the corresponding year ago quarter. ZMCL’s revenue from operations increased by 44.8 per cent year-on-year (yoy) in Q3 2018 to Rs 159.22 crore from Rs 109.96 crore in Q3 2017.

    ZMCL’s advertising revenue for Q3 2018 increased by 46.5 per cent yoy to Rs 143.95 crore from Rs 98.24 crore. Subscription revenue increased by 26.6 per cent yoy during the quarter under review to Rs 11.74 crore from Rs 9.27 crore. Other sales and services revenue grew by 44.4 per cent during the quarter under review to Rs 3.53 crore from Rs 2.44 crore. It may be noted that revenue from ZMCL’s e-commerce business (ezmall.com) grew to Rs 0.92 crore from Rs 0.09 crore in the immediate trailing quarter.

    ZMCL reported profit of Rs 12.19 crore in Q3 2018 as against loss of Rs 5.74 crore in Q3 2017. ZMCL’s EBIDTA increased by 76.5 per cent yoy to Rs 37.39 crore (23.5 per cent margin on operating revenue) from Rs 21.20 crore (19.3 per cent margin).

    ZMCL’s total expenditure in Q3 2018 increased 37.5 per cent yoy to Rs 137.09 crore from Rs 99.72 crore. Employee benefits expense in the quarter under review increased 58.1 per cent yoy to Rs 36.50 crore from Rs 23.09 crore in Q3 2017. The company’s distribution expenses in Q3 2018 more than doubled (increased 102.3 per cent) yoy to Rs 16.81 crore from Rs 8.31 crore.

    Advertising and publicity expenses in the quarter declined by 85 per cent yoy to Rs 1.90 crore from Rs 12.69 crore. Operating costs in Q3 2018 increased by 34.9 per cent yoy to Rs 28.15 crore from Rs 20.86 crore. Other expenses in Q3 2018 rose by 61.5 per cent yoy to Rs 38.46 crore from Rs 23.82 crore.

    Also Read:

    Zee Media reports higher ad revenue for second quarter

    Zeel ad revenue & profit up in Q2 despite GST impact

    Zeel numbers up on higher ad revenue in third quarter

  • Zee TV & Gul Panag get people to question bride stereotypes

    Zee TV & Gul Panag get people to question bride stereotypes

    MUMBAI: Zee TV is creating awareness for its upcoming fiction offering Kaleerein, starting 5 February 2018 and will air every Monday to Friday at 7:30 pm. Joining hands with social activist and actor-producer Gul Panag, who believes in living life on her own terms, Zee TV launched the #ChangeHerNot social media experiment through a matrimonial website MySoniKudi.

    Designed by Zee TV’s digital agency, Big Trunk, the website gave grooms the option of choosing from gharelu brides, fair-skinned beauties, cooking champions and many more unfortunate, stereotypical moulds that the society has created over the years. With the objective of highlighting the sheer absurdity of this stark reality and to nudge the audience to question these age-old shackles, the website was introduced on social media by vocal supporter Gul Panag who criticised the portal for commoditising brides. While it was disappointing to see the website receiving thousands of registrations from serious prospective grooms within a matter of hours, the social media experiment was truly a success when an exponentially higher volume of noise erupted on Twitter with people crying out in unison against slotting brides into categories and expecting them to change themselves for the sake of marriage.

    Zee TV deputy business head Deepak Rajadhyaksha said, “MySoniKudi was aimed at eliciting precisely the kind of strong reactions it has evoked. So, while the website isn’t real, the issue is. It is sad that to be marriageable, a woman has to be a certain way. From gharelu to sanskaari, fair-skinned to no western clothes, no-career to a great pay package, there are all kinds of customisations expected, making bride-grooming schools that get young women to fit specific moulds a reality. Our very next fiction offering Kaleerein tackles this subject head-on, showcasing the journey of Meera, a small-town bride who refuses to bow down to the diktats of bride grooming and celebrates her individuality. Through her example, the idea is to help Indian women free themselves from the mould of a stereotypical bride, earning them the right to find a groom who is willing to accept them the way they are.”

    As the true intent of the website and the #ChangeHerNot campaign was revealed, the overwhelming support from all quarters reflects that Indians are no longer willing to adhere to societal shackles but want to rewrite them to take control of their own destinies, thereby extending a strong support to Zee TV’s brand philosophy and content mantra Aaj Likhenge Kal.

    Actor Gul Panag said, “When Zee TV approached me with legit research on the disturbing trend of grooming schools that serve as finishing schools for brides and get them to fit certain pre-conceived moulds, I was more than happy to support them and help create awareness about the issue.”

    Along with the #ChangeHerNot campaign, Zee TV has planned a series of ATL and BTL activations to create awareness about the unfair expectations that one has from a prospective bride, and highlight the concept of Kaleerein amongst the relevant target audiences.

    Kaleerein is the story of Meera, a small-town girl from Punjab, who chooses to assert her individuality against the reality of bride grooming schools that are mushrooming all over Punjab; schools that prescribe a bucket-list of must-have qualities for a bride to land the perfect groom. A free-spirited girl who wants to live life on her own terms, Meera values her uniqueness and is in search of a suitor who will accept her for the person she truly is. 

  • TV18 to increase Viacom18 stake to 51%

    TV18 to increase Viacom18 stake to 51%

    MUMBAI: TV18 will take operational control of Viacom18 Media Pvt Ltd (Viacom18), the joint venture partners in Viacom18, TV18 Broadcast and Viacom Inc, announced today. TV18 will raise its stake to 51 per cent by acquiring 1 per cent of Viacom18’s equity from Viacom Inc for a cash consideration of Rs 127 crore (USD 20 million). The brands and content licence agreement between Viacom Inc and Viacom18 will also get extended by 10 years.

    The partners believe that in the fast-evolving media and entertainment landscape in India, TV18 can drive value-addition and synergies across the multi-platform group comprising broadcast, digital, filmed and experiential entertainment and media businesses, the official release stated. Viacom continues to hold 49 per cent in Viacom18 and shares TV18’s vision for scalability and enhanced efficiency at Viacom18.

    Network18 chairman Adil Zainulbhai said, “The transaction further enables our vision for Viacom18 to accentuate its focus on excellence and integration in the broadcast and digital space. The entertainment powerhouse continues to be bolstered by Viacom’s global expertise in content creation and curation, along with Network18 group and affiliates’ strength across the media and telecom value chain.”

    “Viacom18 is one of the fastest growing companies in India’s dynamic media and technology sector and, as a result of this transaction, we believe it will be even better positioned for accelerated growth through closer integration and alignment with the Network 18 Group and its affiliates, including Jio,” Viacom International Media Networks CEO David Lynn said. “Viacom remains strongly committed to our Viacom18 joint venture with the Network 18 Group and we are retaining the vast majority of our ownership stake in the company. We’re delighted to extend our licencing deal with Viacom18 and see clear potential to expand it in live events and recreation, in line with our growing global presence in these lines of business.”

    “We turned 10 last year and our growth journey has been exciting to say the least. None of this would have been possible without the support and commitment of both our partners. This development will allow us to leverage deeper synergies with Jio as we enter our next growth phase. As India’s youngest full-play media organisation, we remain committed to winning the hearts of our audiences across all our on-air, on-line, in-store, in-theatre and on-ground businesses and enriching the digital life of every Indian,” added Viacom18 group CEO Sudhanshu Vats.

    Viacom18 started out as a broadcast business with three channels–MTV, Nickelodeon and Vh1–in 2007. Today, the broadcaster has 44 television channels across 80 countries in six languages. It has also diversified into five lines of business, spawning broadcast, digital, films, merchandise and live events. The company reported total revenue of Rs 3,040 crore in 2016-17, charting 40-fold growth in topline since inception.

    Also Read:

    Viacom18, DSport join hands for simulcast of Nidahas Trophy

    Merger talks on the anvil once again for CBS, Viacom

    Sudhanshu Vats on Viacom18’s growth strategy and why data analytics is key

  • ZEEL president – Legal & Regulatory Affairs, Mr. Avnindra Mohan conferred prestigious “CA Distinguished Achiever – 2017” Award by ICAI

    ZEEL president – Legal & Regulatory Affairs, Mr. Avnindra Mohan conferred prestigious “CA Distinguished Achiever – 2017” Award by ICAI

    MUMBAI: Mr. Avnindra Mohan, President – Legal & Regulatory Affairs, Zee Entertainment Enterprises Ltd has been selected as the winner of the prestigious award in the category “CA Distinguished Achiever-2017” for exceptional performances and achievements by the Institute of Chartered Accountants of India. In a glittering award ceremony held on 19th January 2018 at Nehru Centre, Worli, Mumbai, Shri Suresh Prabhu, Hon’ble Minister of Commerce & Industry presented the said award to Mr. Mohan in the presence of CA Nilesh Vikamsey – President of ICAI and CA Naveen N.D. Gupta, Vice President of ICAI.

    Speaking on the occasion Shri Suresh Prabhu said that Indian economy is on a fast track growth path and is likely to be of the size 5 trillion dollar in the near future. Dwelling further he pointed out that out of this 5 trillion dollar, approx. 60% i.e. 3 trillion dollar is likely to be the share of service sector and that Chartered Accountants can play a key role in achieving the same. He urged the CA fraternity to be a part of this growth story by  providing its inputs and expertise in policy making and ensuring regulatory compliances, thereby contributing and catalyzing the entire development process. 

    The Institute of Chartered Accountants of India (ICAI) is the apex body of Chartered Accountants in India.  Every year the institute awards Chartered Accountants who excel in their respective fields.  The awardee(s) are selected by a high profile independent jury. This year the jury was headed by Mr. Ajay Piramal, the noted industrialist and consisted of various other eminent persons.

    An alumni of IIM-Kozhikode, Mr. Mohan is a Chartered Accountant, Law Graduate (LLB), PGDBM & Chartered Financial Analyst. In a career spanning over 34 years, he has served with various reputed companies and multi-national organizations. He is actively interacting with various Trade bodies, Associations such as FICCI, ASSOCHAM, etc., Regulatory Authorities (TRAI) & Ministries viz. Ministry of Information & Broadcasting, Ministry of Finance and Ministry of Commerce (DIPP) on various industry-related issues such as Content Piracy, Broadcasting Treaties, IPRs, Copyrights, Content Code for Broadcasters, International Taxation, etc. He has been representing Indian Broadcasting Foundation (IBF) in the discussions relating to WIPO & WTO treaties for Broadcasting Sector. He is also a member of Legal Committee of Indian Broadcasting Foundation (IBF).

  • Catch Rekha’s stellar performance in ‘Biwi Ho Toh Aisi’ on Sony MAX2

    Catch Rekha’s stellar performance in ‘Biwi Ho Toh Aisi’ on Sony MAX2

    MUMBAI: Rekha’s fans are in for a sweet surprise this week as India’s iconic Hindi movie channel from Sony Pictures Networks, Sony MAX2 is all set to air classic movie Biwi Ho Toh Aisi. A light-hearted family drama stars Bollywood legends Farooq Sheikh and Rekha in lead roles and marks the debut of Salman Khan in the industry. The movie also features yesteryear actors like Bindu, Kader Khan, Asrani and Onm Shivpuri in vital roles.

    Biwi Ho Toh Aisi revolves around soft-spoken, Suraj Bhandari (Farooq Shaikh) who follows his heart and marries the not so rich, yet talented village girl Shalu (Rekha) against his mother’s consent. Shalu welcomes herself in the household, where she has a submissive yet loving husband, caring father-in-law Kailash Bhandari (Kader Khan), dominating mother-in-law Kamla (Bindu) and supportive brother-in-law Vicky (Salman Khan). Like a doting daughter-in-law of the family, Shalu tries to overcome all the obstacles in her married life to win over the acceptance of her domineering mother-in-law.

  • The seasonal show saga on Indian GECs

    The seasonal show saga on Indian GECs

    MUMBAI: Daily soap operas, with an infinite number of episodes, is the unique feature of India’s TV entertainment offering. From the era of a single national broadcaster to today where you can pick from a plethora of general entertainment channels (GECs), times have surely changed. What is slowly catching up is the trend of limited episode shows with seasonal follow ups.

    Since 2000, Indian television has intermittently witnessed a trend of shows ending after a certain stage and returning with its new season. To be precise, it all started with the show Aahat, which began in 1995 and ended its first season in 2001 on Sony. The show had back-to-back six seasons, with its last season televised in 2015 for about six months.

    One would think India is attempting to fit to international standards of shows to maintain its quality. Zee TV deputy business head Deepak Rajadhyaksha says that they do not compromise on quality regardless of it being a fiction or non-fiction or the duration of the show. Zee hasn’t done finite shows with follow-ups intentionally except perhaps Chhoti Bahu, Punarvivaah (both of which had a second season but not launched as a finite series). Chhoti Bahu launched its first season in 2008 and ended in 2010, whereas the series came up with another season in 2011 which lasted till 2012. Punarvivah completed a year with its first part in 2013 and in the same year the network started with another season.

    He said that cost saving isn’t of utmost priority for a channel and a story will be told regardless. Do shorter shows maintain audience and advertiser interest as well as the longer ones? Rajadhyaksha believes that sustaining audience interest is a function of great content only such as its flagship show Kumkum Bhagya, which recently completed 1000 episodes. “Great shows that are both relatable and aspirational will always attract audience and advertisers’ interest,” he says.

    Sony Entertainment Television’s head of non fiction Ashish Golwalkar says that he doesn’t see this as a trend but rather a way to make use of the first season’s success. When a writer is able to create a fresh story with old characters, channels give a thought to reinvigorating the show.

    He says, “Whoever does a second season of any show, never considers cost as a criteria. There is an affinity towards the character that you build over time and once the story is over, you take a pause, wait for a while, redo the story and come back within a span with the same characters where the affinity of the show continues.”  For instance, Sony is telecasting Prithvi Vallabh in two seasons and the reason for it is not cost-effectiveness. “The way we want to mount the show needs a lot of time and if we commit ourselves to 80 episodes at a go then we might trouble the production and it will compromise the quality. So we will stick to 40 episodes. Majority of them have already been shot and are into post production.”

    Sony had rolled out three shows named Aahat, Kutumb and Parvarish. 1995 was the year when Aahat made an entry. Its last two seasons barely got seven months of air time compared to the six years of season one. Kutumb-its first part aired for about two years, but its other season was completely different from the older part. Parvarish launched in 2011 with a commendable extension of three years—till 2014. But the second season got just nine months, from November 2015 to July 2016.

    Syndication could be the reason for channels limiting show episodes because European and American audiences don’t welcome infinite series with open arms whereas they are likely to sample shorter series. Indian historical dramas with fixed episodes are seeking global takers.

    Star Plus came up with the thriller Ssshhhh…Koi Hai  in 2001 with two production houses Contiloe and Cinevista producing it. It ran for more than three years and consisted of 154 episodes. Season 2 was produced solely by Contiloe and the show was shifted to the then newly launched Star One in 2004. This time it ran for nearly three years before the plug was pulled.  Its last comeback was in 2010 and it broke the record by shutting down in just two months. Adding one more show to the list, Iss pyaar ko kya naam doon? had three comebacks—the first season lasted for a year (2011-2012), other season lasted for two years (2013-2015) and the last season they decided to wrap up within four months in 2017. Star TV declined to comment when Indiantelevision.com reached out to them.

    Viacom18’s Colors also had a number of short shows that garnered great traction but had three blockbusters which were reincarnated  –  Balika Vadhu, Na aana is des Laado and Naagin. Balika Vadhu was an infinite series that lasted for eight years-starting from 2008 to 2016 with a relaunch in April 2016 but the show had to pack its bags within four months.  Na aana is des laado’s first season continued for two years and the sequel-Laado is the upcoming show on the channel. Naagin’s first run was from November 2015 till 2016, whereas its other season continued for about nine months-from October 2016 till June 2017. Its third season is expected to launch this year. Kitani Mohabbat Hai launched in 2009 on NDTV Imagine with the first season lasting nine months and the second season in November 2010 which wrapped up in May 2011

    What we witness is that the first season gets rave reviews but the subsequent seasons get hardly any attention from audiences – whether because of the gap in the launch or the new story line or maybe because people have moved on to newer shows, especially in times when minds are so fickle. Unless audience attention builds up for recurring season formats, channels are unlikely to indulge in experimenting a lot with the format.

    Also Read :

    ‘Kumkum Bhagya’ hits the 1000-episode milestone

    Most watched Hindi GEC channels across genre until week 22

  • Zeel numbers up on higher ad revenue in third quarter

    Zeel numbers up on higher ad revenue in third quarter

    BENGALURU: Subhash Chandra-led Zee Entertainment Enterprises Ltd (Zeel) today reported an 11.5 per cent and 28.3 percent increase in consolidated total revenue and profit after tax (PAT), respectively, for the quarter ended 31 December 2017 (Q3-18) as compared with the corresponding quarter of the previous year (year-on-year [y-o-y]). Zeel’s consolidated operating revenue, which comprises advertisement, subscription and other sales and services revenue, rose by 12.1 percent y-o-y in Q3-18.

    Zeel reported consolidated total revenue of Rs 1,886.11 crore for Q3-18 as against Rs 1,691.58 crore a year ago. PAT for the quarter under review was Rs 321.72 crore vis-a-vis Rs 250.80 crore for the corresponding year ago quarter. Consolidated operating revenue was Rs 1,838.07 crore up from Rs 1,639.12 crore in Q3-17.

    Adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) for Q3-18 increased by 15.2 percent y-o-y to Rs 594.42 crore (31.5 percent margin) from Rs 515.79 crore (30.5 percent margin). Adjusted EBITDA includes cost of fair value loss on financial instruments at fair value through profit and loss (net) of Rs 41.92 crore in Q3-18 and of Rs 71.35 crore in Q3-17.

    Operating revenue break-up

    Ad revenue in the quarter under review increased by 25.8 percent y-o-y to Rs 1,202.02 crore as compared with Rs 955.45 crore. Zeel said in its earnings release that adjusted for the sale of its sports business, domestic advertising grew by 30.4 percent to Rs 1,137.3 crore. Subscription revenue declined by 15.5 percent y-o-y to Rs 501.69 crore from Rs 593.46 crore. Adjusted for the sale of the sports business, domestic subscription revenue grew by 7.5 percent to Rs 403.6 crore. International subscription revenue stood at Rs 98.1 crore. Other sales and services revenue swelled by 48.1 percent to Rs 134.36 crore.

    Other income decreased by 8.1 percent y-o-y to Rs 48.04 crore in the quarter under review from Rs 52.46 crore.

    Company speak

    Zeel chairman Chandra said, “It is very heartening to see the rebound in the economy after four quarters. The initiatives taken by the government had some short-term impact on the growth but these measures will strengthen the economy in the long run. The Indian M&E sector will be a beneficiary of this growth story as people spend more time and money on consuming entertainment content. ZEEL, with its strong portfolio of entertainment offerings, is well positioned to capitalise on this opportunity.”

    Zeel managing director and CEO Punit Goenka said, “We are delighted to deliver a strong operating performance during the quarter. The slower growth in the last four quarters was due to specific events that required advertisers to recalibrate spends. As the impact of these factors is now behind us, ad spends have bounced back strongly and the outlook remains encouraging. The recent cut in GST rates across a wide category of products should aid the growth. Our domestic ad revenue growth of 26 percent is a testimony to the fact that television continues to remain the most effective medium for brand building. With a dominant time share along with an increasing reach, television will remain an important medium for advertisers in the foreseeable future. On top of this, digital platforms are driving incremental video consumption which represents another growth opportunity for content monetisation. Our new digital platform, Zee5, scheduled to be launched in February, will enable us to capture this growth.

    “The domestic subscription growth for the quarter was at 7.5 percent. The growth so far has been lower than what we had last year as the content deals with our distribution partners are taking slightly longer to conclude due to litigations regarding the TRAI tariff regulation. Last year we had closed majority of these deals in the second and third quarter. However, this does not have any significant impact on our full year outlook for subscription growth.”

    In a tweet today, Goenka had this to say:

    Let us look at the other numbers reported by Zeel

    Zeel’s total expenditure increased by 8.9 percent y-o-y in the quarter under review to Rs 1,338.38 crore from Rs 1,228.60 crore. Operating costs reduced by 4.3 percent y-o-y to Rs 672.98 crore from Rs 703.50 crore. Employee benefits expense in Q3-18 increased 8.2 percent y-o-y to Rs 153.54 crore from Rs 141.88 crore. Advertising and publicity expenses increased by 71.2 percent y-o-y to Rs 179.62 crore from Rs 104.90 crore. Other expenses increased by 37.2 percent to Rs 237.51 crore from Rs 173.05 crore.

    Also Read:

    Zeel ad revenue & profit up in Q2 despite GST impact

    ZEEL reports steady Q1 FY2018 results

    Launch of ZEEL’s lifestyle channels round the corner

  • IRAA Awards Now accepting nominations

    IRAA Awards Now accepting nominations

    MUMBAI: In its 12th consecutive year, the Indian Recording Arts Academy Awards (IRAA) 2018 will be hosted alongside the PALM Expo 2018 at the Bombay Exhibition Centre. The awards will once again recognize exceptional skills in music, soundtrack recording and mixing in Indian music for albums and movies.

    Soundtracks and albums released between January 1- December 31, 2017 are eligible for nominations and the list of categories which include Film as well as Non-film, are available on the IRAA website – www.iraa.in

    With the objective of recognizing the regional music industry, the IRAA awards has also retained ‘Regional Awards’ in the Audio Engineering, Audio Post Production and Music Production segments  to honour talent outside Mumbai.

    Audio files accompanying the entries can be submitted to a dropbox link provided on the website.

    The entry deadline is 30 April, 2018.

    Spearheaded by IRAA Director Aditya Modi, the nominations will be screened by an 11 member Jury comprising the best in the Music recording, production and post-production industry. There is no voting and final authority is with Jury and their decision is binding on the nominees.

    The winners will be announced at the IRAA award ceremony which will take place at the Bombay Exhibition Centre, Goregaon, Mumbai on 2nd June, 2018, 4 pm onwards. 

    Here’s your chance to grab the limelight! Log in to http://iraa.in/Reg.aspx and send in your nominations now.

  • TV18 profits decline in third quarter

    TV18 profits decline in third quarter

    BENGALURU: TV18 Broadcast Ltd (TV18), the subsidiary of the Mukesh Dhirubhai Ambani-controlled Network18 Media and Investments Ltd (Network 18), reported consolidated total income of Rs 10 crore for the quarter ended 31 December 2017 (Q3-18) as compared with income of Rs 23.6 crore for the corresponding year ago quarter. For the immediate trailing quarter Q2-18 (quarter-on-quarter), income stood at Rs 11.83 crore.

    Consolidated profit after tax for the quarter under review was 8.1 percent lower year-on-year at Rs 15.87 crore as compared with Rs 17.27 crore but more than double (2.16 times) the Rs 7.3 crore in the immediate trailing quarter. The company’s consolidated simple EBIDTA (excluding GST and other income) was 2.1 percent lower y-o-y at Rs 38.65 crore (13.9 percent margin) as compared with Rs 39.49 crore (15.5 percent margin) and more than five times the Rs 7.6 crore in Q2-18.

    Consolidated total income in Q3-18 increased by 8.9 percent y-o-y to Rs 277 crore from Rs 254 crore and was 18 percent higher y-o-y than Rs 235 crore in Q2-18.

    Consolidated total expenditure rose by 9.4 percent y-o-y in Q3-18 to Rs 261 crore from Rs 269 crore and was 5.4 percent higher q-o-q as against Rs 247 crore.

    The company has two segments–media operations and film production and distribution (films). The lion’s share of the revenue was from the company’s media operations.

    Both segments reported operating profits for Q3-18 – of Rs 47 crore (media operations) and Rs 88 Lakh (film production and distribution). Media operations had operating profit of Rs 42 crore while film production and distribution incurred operating loss of Rs 5.3 crore in Q3-17. In the immediate trailing quarter, both segments had reported operating profit of Rs 47 crore and Rs 5.7 crore, respectively.

    The company’s marketing, distribution and promotional expense during the quarter under review rose by 14.8 percent y-o-y to Rs 44 crore from Rs 38 crore but was 3.8 percent lower q-o-q. The employee benefit expense in Q3-18 swelled by 12.9 percent y-o-y to Rs 93 crore from Rs 82 crore but declined by 5.4 percent q-o-q from Rs 98 crore.

    Other expenses during the quarter under review increased by 7.6 percent y-o-y to Rs 101 crore in Q3-18 from Rs 94.4 crore and was 22.2 percent q-o-q more than Rs 83 crore.

  • Star India gets aggressive with global programme syndication sales

    Star India gets aggressive with global programme syndication sales

    MUMBAI: Leading Indian media and entertainment major Star India is quite confident that its new catalogue of historical dramas and contemporary soaps and series will gain traction as it continues with its international syndication drive. In an interaction with World Screen, Star India president international business and domestic distribution Gurjeev Kapoor said: “Our new line-up of shows like Love Ka Hai Intezar (The Wait For Love), Dhhai Kilo Prem (Imperfect Love), Tu Suraj Mein Saanj Piyaji (Soulmates season two) and Nimki Mukhiya (The Accidental Mayor) are generating a lot of interest. These shows have already captured the attention of audiences in India and are now on their way to winning [over] audiences worldwide.”

    According to Kapoor, Star India’s shows have begun to get traction in almost every territory globally–right from the US to the UK to Europe and the CIS, Latin America and Southeast Asia. In some of these markets, partners or sales agents have been helping the broadcaster to find buyers; in some of them, Star India’s programme syndication team in Mumbai and other regions is driving the sales. In Latin America, the company has partnered Latin Media Corp, for Europe and CIS it has been working with Intellecta Srl while in Southeast Asia it has been selling directly.

    The efforts have yielded results. For instance, Saras & Kumud (Saraswatichandra) has done well in seven Latin American nations, including Chile and Peru. Then Yours Truly, Paakhi (Tumhari Paakhi) has got a favourable response in Peru. Kapoor told the magazine that this has enthused the company to invest in dubbing a few more of its top shows. 

    Kapoor pointed to out that Is Pyaar Ko Kya Naam Doon has been its most successful breakthrough and it made history by becoming the first-ever Indian drama series to air in Turkey. “It broke many viewership records by quadrupling the channel ratings in that slot for our partner Kanal 7. This paved the way for many more Indian series on local Turkish television and Turkey continues to be a big market for us.”

    Indonesia, Malaysia and Thailand are some of the Southeast nations that have been lapping up a lot of the content Star India has been dishing out. Among the shows that have done well in the region, Kapoor said, are Mahabharat, Diya Aur Baati Hum, Veera and Chandra Nandini.

    Kapoor is also looking at adding to its partnerships for selling its programme formats. Star India has a partnership with Eccho Rights for three or four of its shows and is in conversation with other partners in local markets.

    He believes that good storytelling can traverse borders and cultures and forms the core of Star India’s international business. “Programme sales have been a driver in expanding Star India’s content footprint across the world. This is an area where we were good but we want to grow exponentially,” Kapoor concluded.

    Amen to that!