Category: GECs

  • Zee expands presence in Africa; launches two channels

    Zee expands presence in Africa; launches two channels

    MUMBAI: Continuing with its promise of bringing quality Bollywood entertainment to Africa, leading Indian content company, Zee Entertainment Enterprises Limited (ZEEL) today announced the launch of two new channels, Zee Bollymovies and Zee Bollynova which will broadcast on Africa’s new pay-TV network Kwesé TV.

    With the promise of ‘Bollywood Magic’, Zee Bollymovies is set to captivate African audiences across the board with its award-winning Bollywood movies and series. The channel aims to become the number one destination for Bollywood on the continent, bringing the latest and best Bollywood entertainment to Africa. The other exciting new addition to the ZEE stable, Zee Bollynova promises to create ‘Memorable Moments’ with its offering of a fusion of general entertainment programming, showcasing the best telenovelas and food shows.

    Speaking on ZEE’s expansion in the African market, ZEEL CEO – International Broadcast Business Amit Goenka said, “With great similarities between the two cultures, Africa has always shown a tremendous appreciation for rich, vibrant Bollywood content. Our two previously-launched, specially customised channels, Zee World and Zee Magic, have been warmly received by viewers, resulting in a threefold increase in our viewership since our entry into the continent in 2015. This love and appreciation for our content has encouraged us to introduce two new channels, Zee Bollymovies and Zee Bollynova, which will keep up with the ZEE trend of colour, music, dance, drama and excitement.”

    Sharing more details on the launches, Zee TV Africa CEO Harish Goyal said, “ZEE is continuously striving to make further in-roads into the African continent. We have packaged our latest offerings, Zee Bollymovies and Zee Bollynova with content adapted to suit the African viewer. Both channels are customized and dubbed in English.”

    “Zee Bollymovies will be a one-of-its-kind channel on the African continent, being a 24-hour dedicated Bollywood movie channel exclusively in English. On the other hand, Zee Bollynova will offer viewers innovative and engaging general entertainment programming. This is an extremely exciting launch for us and for viewers on the continent, and we look forward to being hosted on the Kwesé platform,” Mr. Goyal further added.

    Both channels will be available to viewers through Kwesé’s multi-platform offering including linear TV, mobile app, and web streaming services delivering premium entertainment to viewers anywhere, anytime, on any screen. Zee Bollymovies channel is available on Kwesé TV channel 155 while Zee Bollynova can be viewed on channel 150.

    Speaking on the growth of Kwesé general entertainment offering, Econet Media president and group CEO Joseph Hundah said, “As a new African broadcaster we want to ensure that our viewers have access to a diverse content offering that cuts across all programming genres. There is a strong appetite for premium Bollywood content on the continent, thus we are proud to offer these impressive channels on line-up as they provide engaging TV for the whole family to enjoy.”

    Zee Bollymovies and Zee Bollynova will join Kwesé’s exciting channel mix which includes a full range of sports, actuality, news and kids content.

    Zee Africa had earlier launched Zee World in February 2015, followed by Zee Magic in October 2015 which are both premium, fully dubbed English and French channels respectively.

  • Sony Pictures promotes Resident Evil final with VR experience

    Sony Pictures promotes Resident Evil final with VR experience

    MUMBAI: Sony Pictures Entertainment recently set up a Virtual Reality (VR) immersive gaming experience ahead of the 3 February release of “Resident Evil: The Final Chapter”. Japanese engineers were flown to establish it in Mumbai.

    The gaming experience is supported by haptic techonology — giving a tangible and realistic feel to virtual objects. The technology and will enable experiencing of the character Alice’s biggest fight against the un-dead as she approaches to save the humanity from complete oblivion.

    Flagged off in Japan for a global tour, the immersive gaming experience is a result of cooperation between the video production company Sony PCL, Sony Pictures Entertainment (SPE) and the parent company Sony Corp.

    public://Milla-Jovovich-in-Resident-Evil-The-Final-Chapter.jpg

    Termed as ‘The Road to Raccoon City’, the new experience will feature content from the movie, complete with voiceover from Alice, the character that has been essayed by actress Milla Jovovich. It features the aforementioned technology to simulate a zombie attack, as users wear VR glasses and a vest that provides vibration and audio feedback while they shoot at zombies projected on-screen with a gun.

    Sony Pictures Entertainment (SPE) India managing director Vivek Krishnani has had a first-hand experience with the game. He exclaimed that since it was the last installment of the ‘Resident Evil’ series and culmination of Alice’s incredible journey, they wanted to make it extraordinary for fans of the game and the franchise.

    In 2016, VR headsets had just started to come into the market thanks to the likes of the Samsung Gear VR. While it was lower-cost solution, it was limited regarding the experience they could provide. In 2017 all of this will change, however. These early devices were the tip of the iceberg, a means of testing people’s interest in the idea of VR as a concept.

    Also Read :

    ’17 to be year of survival for VR market

    How VOKE is helping Hotstar to bring 3D VR to Kabaddi

  • Sony Pictures promotes Resident Evil final with VR experience

    Sony Pictures promotes Resident Evil final with VR experience

    MUMBAI: Sony Pictures Entertainment recently set up a Virtual Reality (VR) immersive gaming experience ahead of the 3 February release of “Resident Evil: The Final Chapter”. Japanese engineers were flown to establish it in Mumbai.

    The gaming experience is supported by haptic techonology — giving a tangible and realistic feel to virtual objects. The technology and will enable experiencing of the character Alice’s biggest fight against the un-dead as she approaches to save the humanity from complete oblivion.

    Flagged off in Japan for a global tour, the immersive gaming experience is a result of cooperation between the video production company Sony PCL, Sony Pictures Entertainment (SPE) and the parent company Sony Corp.

    public://Milla-Jovovich-in-Resident-Evil-The-Final-Chapter.jpg

    Termed as ‘The Road to Raccoon City’, the new experience will feature content from the movie, complete with voiceover from Alice, the character that has been essayed by actress Milla Jovovich. It features the aforementioned technology to simulate a zombie attack, as users wear VR glasses and a vest that provides vibration and audio feedback while they shoot at zombies projected on-screen with a gun.

    Sony Pictures Entertainment (SPE) India managing director Vivek Krishnani has had a first-hand experience with the game. He exclaimed that since it was the last installment of the ‘Resident Evil’ series and culmination of Alice’s incredible journey, they wanted to make it extraordinary for fans of the game and the franchise.

    In 2016, VR headsets had just started to come into the market thanks to the likes of the Samsung Gear VR. While it was lower-cost solution, it was limited regarding the experience they could provide. In 2017 all of this will change, however. These early devices were the tip of the iceberg, a means of testing people’s interest in the idea of VR as a concept.

    Also Read :

    ’17 to be year of survival for VR market

    How VOKE is helping Hotstar to bring 3D VR to Kabaddi

  • Rising Star: Oppo backs Optimystix’ Colors show from 4 Feb; viewers to control outcome

    Rising Star: Oppo backs Optimystix’ Colors show from 4 Feb; viewers to control outcome

    MUMBAI: The Indian economy is comfortably cruising towards a digitally savvy generation. There has been a visible renaissance in every industry, and it is now upon the entertainment industry with varied avenues bringing the choicest options to the audiences’ fingertips.

    Driving the ongoing buoyancy, Colors is all set to revolutionize the television viewing experience through the launch of India’s FIRST LIVE showcase of pure talent, Oppo Camera phones presents Rising Star, supported real-time by a mobile application. With live viewer engagement at its core, ‘Rising Star’ will feature 130 crore judges – the Indian populace giving them 79 per cent  control over a talent’s ability to become a haatho-haath Star. Guiding the talents in their pursuit to achieve fame will be a panel of celebrity experts comprising of musical maestros Shankar Mahadevan, Diljit Dosanjh and Monali Thakur. 

    Produced by Optimystix Entertainment, Oppo Camera phones presents ‘Rising Star’ will alter the television viewing experience starting 4 February 2017, every Saturday and Sunday at 9pm on Colors.

    Commenting on the launch of the show, Viacom18 CEO Raj Nayak said, “You see a Cricket match LIVE, now you will see a show that is absolutely LIVE with no room to create, fabricate or produce anything. It’s what you see is what you get, with the reigns of the show completely handed over to the viewers, as they decide the course of the show. This is a first it's kind of an experiment on Asian television, let alone India.  With more and more people getting attuned to smartphones and the country moving towards Digital India, we are proud to announce that we are future ready. COLORS has always been a pioneer in introducing cutting edge technology and heightening viewer engagement. With this show, we are taking this commitment one step further.”

    He further added, “We would like to welcome Oppo Camera phones on-board as Presenting Sponsors on ‘Rising Star’. Through this partnership, we are furthering our individual brand promises to drive synergies amongst our target audiences.”

    Oppo Camera phones presents Rising Star is the ultimate battleground where only purity of content will be adjudged. By downloading the ColorsTV app, the viewers will be able to vote for their favourite voices tucked behind a ‘the Rising Star ki Deewar’ in real-time. And the possibilities are limitless; the gifted talent could be as young as 6 years old or even beyond 60 years, a band or even a duet. It will be their golden voice and their ability to entertain and engage audiences LIVE which will earn them national glory as every vote in their support holds the power to change their fate instantaneously. A carefully curated panel of experts, comprising of Shankar Mahadevan, Diljit Dosanjh and Monali Thakur, will be their guiding forces and mentors on ‘Rising Star’. Partaking in the talent’s journey on the show and nudging them forward with their playful antics will be hosts Meiyang Chang and Raghav Juyal.

    Talking about the association, Oppo Mobiles India brand director Will Yang said,  “Oppo as a brand has always focused on providing its youthful consumers a delightful experience. COLORS as a platform caters to a wide range of audience and through our association, we want to reach out to them and share our technology. With ‘Rising Star’ we will further extend association with COLORS post series 24 – season 2, Bigg Boss 10. Rising Star has a unique format which encourages usage of innovative technology across the country which is something we believe in and thus it was an easy call for us to associate with the show. We hope that the association and the show is a huge success amongst the audience.” 

    Elaborating on the ground-breaking format of the show, Colors programming head Manisha Sharma said, “’Rising Star’ is a unique interactive format that will engage the viewers exactly in a manner like a Live match. The beauty of the show lies in the wall which hides the talent, thereby putting emphasis on voice and melody. Every talent’s destiny will be dictated by their ability to draw in the viewers with their vocal intonations and emotiveness. Even as makers, there’s no scope for us to have technical glitches or do post-production to make the content look better. The term reality will be redefined through this show. We have conducted auditions across more than 25 towns and cities across the country, and uncovered some hidden jewels whose unique voice quality and endearing personalities, will appeal to the viewers’ sensibilities encouraging them to vote and celebrate outstanding talent.”

    While the real judges will be the 130+ crore Indians who tune-in to watch ‘Rising Star’ on television, the panel of experts, with 21 per cent say in a talent’s singing prowess, will meticulously hone their skills as they descend into this arena. Each of the experts, through their years of experience and understanding of the technicalities of music, will provide specific feedback to the talent, helping them to develop from budding singers to all-round performers.

    On his decision to be a part of the show, musical guru Shankar Mahadevan said, “The format of the show is phenomenal! The contestants can only woo the viewers with their voice and not by their looks, charm or any other peripheral. It’s a true test of the talent that they have been born with. As an expert, my focus will be on nurturing the talent by guiding them to the path of pure music.”

    Making his debut on Hindi television, Punjabi sensation Diljit Dosanjh said, “Through ‘Rising Star’, I am looking for talent which possesses the same zeal for music that I have. I will not hold back; the country’s ultimate singing sensation will win my heart by displaying passion and love for their art.”

    A reality-show success story, melodious singer Monali Thakur said, “From starting my journey in the world of music as a contestant to now becoming the expert panelist for ‘Rising Star’, life truly has come full circle for me. Having experienced the emotionally tumultuous journey of being a participant, I will be able to connect with the talent on a more personal level. More than a guide I aspire to be their friend, encouraging them to pour more than 100% of themselves in every performance delivered on the ‘Rising Star’ stage.”

    On the successful adaptation of the show in India, said Gary Pudney, Head of Asia Keshet International, “’Rising Star’ is a truly trail-blazing format which has hailed a new frontier in global entertainment. Following several successful seasons of the show around the world and we are absolutely delighted that this pioneering show will be available to Indian viewers and to be working with such a forward-thinking partner as Colors.”

    On putting together a show of such mammoth proportions together, Optimystix MD and co-founder Vipul D Shah said, “’Rising Star’ will change the course of Indian television altogether through its LIVE, interactive and engagement-driven format. The technological and logistical requirements ensure a larger-than-life scale which will amplify the opportunities for talent to rise and excel. The entire country has its eye on ‘Rising Star’ and we are pushing the boundaries of entertainment to bring them a show that has created waves internationally and is now set to heighten the viewing experience in India.”

    On the marketing front, Colors has devised an extensive marketing campaign designed to bring alive the ‘Rising Star’ experience for the audiences. During the launch phase, a multi-media campaign highlighting the messaging ‘Download the ColorsTV App, Be the Judge and Be Seen Live on TV’ will be executed across key Hindi Speaking Markets. Additionally, a special tie-up with Radio Mirchi will give listeners the unique opportunity to feature in leading news dailies and have their selected songs feature in the first episode of Rising Star. On-ground, Colors has created special ‘Rising Star Experience Zones’ in Mumbai, Delhi and Ahmedabad to create awareness about the LIVE voting module of the show. This will be extended further through the Colors Golden Petal Club and Lokmat Sakhi Manch associations.

    On the digital front, an extensive digital campaign has been created to promote Oppo Camera phones presents Rising Star to its followers on social media. Specially curated hashtags #KuchFarakNahiPadega, #Unglikar and #UngliUthana will drive conversations amongst target audiences via quirky video and picture-led stories. And, while Colors has roped in Oppo camera phones as presenting sponsors for Rising Star, other sponsors include Tata Motors Commercial Vehicles on Colors SD feed and Kajaria Tiles and Jaquar bathroom products on Colors HD feed.

    https://www.indiantelevision.com/sites/default/files/styles/large/public/rising%20%281%29.jpg

  • Rising Star: Oppo backs Optimystix’ Colors show from 4 Feb; viewers to control outcome

    Rising Star: Oppo backs Optimystix’ Colors show from 4 Feb; viewers to control outcome

    MUMBAI: The Indian economy is comfortably cruising towards a digitally savvy generation. There has been a visible renaissance in every industry, and it is now upon the entertainment industry with varied avenues bringing the choicest options to the audiences’ fingertips.

    Driving the ongoing buoyancy, Colors is all set to revolutionize the television viewing experience through the launch of India’s FIRST LIVE showcase of pure talent, Oppo Camera phones presents Rising Star, supported real-time by a mobile application. With live viewer engagement at its core, ‘Rising Star’ will feature 130 crore judges – the Indian populace giving them 79 per cent  control over a talent’s ability to become a haatho-haath Star. Guiding the talents in their pursuit to achieve fame will be a panel of celebrity experts comprising of musical maestros Shankar Mahadevan, Diljit Dosanjh and Monali Thakur. 

    Produced by Optimystix Entertainment, Oppo Camera phones presents ‘Rising Star’ will alter the television viewing experience starting 4 February 2017, every Saturday and Sunday at 9pm on Colors.

    Commenting on the launch of the show, Viacom18 CEO Raj Nayak said, “You see a Cricket match LIVE, now you will see a show that is absolutely LIVE with no room to create, fabricate or produce anything. It’s what you see is what you get, with the reigns of the show completely handed over to the viewers, as they decide the course of the show. This is a first it's kind of an experiment on Asian television, let alone India.  With more and more people getting attuned to smartphones and the country moving towards Digital India, we are proud to announce that we are future ready. COLORS has always been a pioneer in introducing cutting edge technology and heightening viewer engagement. With this show, we are taking this commitment one step further.”

    He further added, “We would like to welcome Oppo Camera phones on-board as Presenting Sponsors on ‘Rising Star’. Through this partnership, we are furthering our individual brand promises to drive synergies amongst our target audiences.”

    Oppo Camera phones presents Rising Star is the ultimate battleground where only purity of content will be adjudged. By downloading the ColorsTV app, the viewers will be able to vote for their favourite voices tucked behind a ‘the Rising Star ki Deewar’ in real-time. And the possibilities are limitless; the gifted talent could be as young as 6 years old or even beyond 60 years, a band or even a duet. It will be their golden voice and their ability to entertain and engage audiences LIVE which will earn them national glory as every vote in their support holds the power to change their fate instantaneously. A carefully curated panel of experts, comprising of Shankar Mahadevan, Diljit Dosanjh and Monali Thakur, will be their guiding forces and mentors on ‘Rising Star’. Partaking in the talent’s journey on the show and nudging them forward with their playful antics will be hosts Meiyang Chang and Raghav Juyal.

    Talking about the association, Oppo Mobiles India brand director Will Yang said,  “Oppo as a brand has always focused on providing its youthful consumers a delightful experience. COLORS as a platform caters to a wide range of audience and through our association, we want to reach out to them and share our technology. With ‘Rising Star’ we will further extend association with COLORS post series 24 – season 2, Bigg Boss 10. Rising Star has a unique format which encourages usage of innovative technology across the country which is something we believe in and thus it was an easy call for us to associate with the show. We hope that the association and the show is a huge success amongst the audience.” 

    Elaborating on the ground-breaking format of the show, Colors programming head Manisha Sharma said, “’Rising Star’ is a unique interactive format that will engage the viewers exactly in a manner like a Live match. The beauty of the show lies in the wall which hides the talent, thereby putting emphasis on voice and melody. Every talent’s destiny will be dictated by their ability to draw in the viewers with their vocal intonations and emotiveness. Even as makers, there’s no scope for us to have technical glitches or do post-production to make the content look better. The term reality will be redefined through this show. We have conducted auditions across more than 25 towns and cities across the country, and uncovered some hidden jewels whose unique voice quality and endearing personalities, will appeal to the viewers’ sensibilities encouraging them to vote and celebrate outstanding talent.”

    While the real judges will be the 130+ crore Indians who tune-in to watch ‘Rising Star’ on television, the panel of experts, with 21 per cent say in a talent’s singing prowess, will meticulously hone their skills as they descend into this arena. Each of the experts, through their years of experience and understanding of the technicalities of music, will provide specific feedback to the talent, helping them to develop from budding singers to all-round performers.

    On his decision to be a part of the show, musical guru Shankar Mahadevan said, “The format of the show is phenomenal! The contestants can only woo the viewers with their voice and not by their looks, charm or any other peripheral. It’s a true test of the talent that they have been born with. As an expert, my focus will be on nurturing the talent by guiding them to the path of pure music.”

    Making his debut on Hindi television, Punjabi sensation Diljit Dosanjh said, “Through ‘Rising Star’, I am looking for talent which possesses the same zeal for music that I have. I will not hold back; the country’s ultimate singing sensation will win my heart by displaying passion and love for their art.”

    A reality-show success story, melodious singer Monali Thakur said, “From starting my journey in the world of music as a contestant to now becoming the expert panelist for ‘Rising Star’, life truly has come full circle for me. Having experienced the emotionally tumultuous journey of being a participant, I will be able to connect with the talent on a more personal level. More than a guide I aspire to be their friend, encouraging them to pour more than 100% of themselves in every performance delivered on the ‘Rising Star’ stage.”

    On the successful adaptation of the show in India, said Gary Pudney, Head of Asia Keshet International, “’Rising Star’ is a truly trail-blazing format which has hailed a new frontier in global entertainment. Following several successful seasons of the show around the world and we are absolutely delighted that this pioneering show will be available to Indian viewers and to be working with such a forward-thinking partner as Colors.”

    On putting together a show of such mammoth proportions together, Optimystix MD and co-founder Vipul D Shah said, “’Rising Star’ will change the course of Indian television altogether through its LIVE, interactive and engagement-driven format. The technological and logistical requirements ensure a larger-than-life scale which will amplify the opportunities for talent to rise and excel. The entire country has its eye on ‘Rising Star’ and we are pushing the boundaries of entertainment to bring them a show that has created waves internationally and is now set to heighten the viewing experience in India.”

    On the marketing front, Colors has devised an extensive marketing campaign designed to bring alive the ‘Rising Star’ experience for the audiences. During the launch phase, a multi-media campaign highlighting the messaging ‘Download the ColorsTV App, Be the Judge and Be Seen Live on TV’ will be executed across key Hindi Speaking Markets. Additionally, a special tie-up with Radio Mirchi will give listeners the unique opportunity to feature in leading news dailies and have their selected songs feature in the first episode of Rising Star. On-ground, Colors has created special ‘Rising Star Experience Zones’ in Mumbai, Delhi and Ahmedabad to create awareness about the LIVE voting module of the show. This will be extended further through the Colors Golden Petal Club and Lokmat Sakhi Manch associations.

    On the digital front, an extensive digital campaign has been created to promote Oppo Camera phones presents Rising Star to its followers on social media. Specially curated hashtags #KuchFarakNahiPadega, #Unglikar and #UngliUthana will drive conversations amongst target audiences via quirky video and picture-led stories. And, while Colors has roped in Oppo camera phones as presenting sponsors for Rising Star, other sponsors include Tata Motors Commercial Vehicles on Colors SD feed and Kajaria Tiles and Jaquar bathroom products on Colors HD feed.

    https://www.indiantelevision.com/sites/default/files/styles/large/public/rising%20%281%29.jpg

  • Demonetisation impacts ZEEL ad revenue for Q3-17

    Demonetisation impacts ZEEL ad revenue for Q3-17

    BENGALURU: The Subhash Chandra led content and broadcast player Zee Entertainment Enterprises Limited (ZEEL) reported a small hike of 3.1 percent in advertisement revenue in the quarter ended 31 December 2016 (Q3-17, current quarter) as compared to the corresponding quarter of the previous year (Q3-16). Consolidated revenue from operations (Total Income from Operations or TIO) increased 3.2 percent year-over-year. Though subscription revenue increased 13.7 percent y-o-y, other sales and services declined 35.5 percent and hence pulled down TIO. ZEEL reported consolidated TIO of Rs 1,639.12 crore in Q3-17 as compared to Rs 1,588.12 crore in Q2-16.

    Ad revenue in the current quarter was Rs 945.45 crore (58.3 percent of TIO) as compared to Rs 926.39 crore (58.3 percent of TIO) in Q316. Subscription Income in Q3-17 was Rs 593.46 crore (36.2 percent of TIO) and in Q3-16, it was Rs 521.79 crore (32.8 percent of TIO) Other Sales and Services Income in the current quarter was Rs 90.21 crore (5.5 percent of TIO) as compared to Rs 139.94 crore (8.8 percent of TIO) in Q3-16.

    ZEEL chairman Chandra said, “Government’s decision to demonetise high value currency had an impact on businesses across sectors. Notwithstanding the short term disruption caused by demonetisation, we believe that it is a step in the right direction. Demonetisation along with implementation of GST and push towards cashless economy would help country’s long term growth.”

    ZEEL’s Profit After Tax (PAT) in Q3-17 increased 8.6 percent y-o-y to Rs 250.81 crore (15.3 percent of TIO or margin) from Rs 230.86 crore (14.5 percent margin). Operating Profit (EBIDTA) in the current quarter also increased 19.4 percent y-o-y to Rs 515.79 crore (31.5 percent margin) from Rs 432.16 crore (27/2 percent margin).

    Total Expenditure in Q3-17 reduced 2.4 percent to Rs 1,148.23 crore (70.1 percent of TIO) from Rs 1,176.31 crore (74.1 percent of TIO) in Q3-16.

    Finance costs in the current quarter reduced 14.7 percent y-o-y to Rs 9.02 crore (0.6 percent of TIO) from Rs 10.57 crore (0.7 percent of TIO) in the corresponding year ago quarter.

    Employee benefit expense in Q3-17 increased 13.2 percent to Rs 141.88 crore (8/7 percent of TIO) from Rs 125.34 crore (7.9 percent of TIO) in Q3-16.

    The company spent 12.4 percent less towards Advertising and Publicity expense in the current quarter at Rs 104.90 crore (6.4 percent of TIO) as compared to Rs 119.75 crore (7.5 percent of TIO) in Q3-16.

    Company speak

    Chandra said further, “The result once again demonstrates our commitment towards profitable growth and enhancing shareholders’ wealth. Despite the impact of demonetisation, we have delivered growth in advertising revenues and growth in subscription revenues remained strong. We believe the adverse impact of demonetisation is transient and with a strong portfolio of national and regional channels we are confident of delivering sustainable growth.”

    ZEEL managing director and CEO Punit Goenka said, “We are happy to deliver another quarter of strong profit growth in a challenging environment. Despite the impact of demonetisation on our advertising revenues, we have improved our EBITDA margins. This highlights our ability to manage costs to drive profitable growth on a consistent basis.”

    Gonka revealed, “Acquisition of broadcasting business of RBNL is in line with our strategy to expand our offering in key genres and focus on regional space. BIG Magic, a comedy channel, will complement our Hindi GEC portfolio. BIG Ganga, the leading Bhojpuri channel, will give us entry into the attractive Bhojpuri market. We are confident that these two channels will benefit immensely from the strength of our network.”

    Goenka informed, “The deceleration in our advertising revenue growth during the quarter is largely attributable to demonetisation. Advertisers’ willingness to invest in their brands remains intact. However, the timing of spends has been re-calibrated to an extent to suit the change in dynamics due to demonetisation. As economic situation is normalizing, ad spends have already started moving up from December levels.”

    International Business

    In its earnings release, ZEEL said that its international business continues to perform strongly driven by global demand for our products. For Q3-17 the international business had total revenue of Rs 253 crore which included Advertisement Revenue of Rs 81.70 crore; subscription Revenue of Rs 111.7 core and  other Sales and Services of Rs 59.6 crore.

    Note: (1) The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

    (2) All numbers in this report are consolidated unless stated otherwise.

    (3) Some of the numbers have been rounded off

  • Demonetisation impacts ZEEL ad revenue for Q3-17

    Demonetisation impacts ZEEL ad revenue for Q3-17

    BENGALURU: The Subhash Chandra led content and broadcast player Zee Entertainment Enterprises Limited (ZEEL) reported a small hike of 3.1 percent in advertisement revenue in the quarter ended 31 December 2016 (Q3-17, current quarter) as compared to the corresponding quarter of the previous year (Q3-16). Consolidated revenue from operations (Total Income from Operations or TIO) increased 3.2 percent year-over-year. Though subscription revenue increased 13.7 percent y-o-y, other sales and services declined 35.5 percent and hence pulled down TIO. ZEEL reported consolidated TIO of Rs 1,639.12 crore in Q3-17 as compared to Rs 1,588.12 crore in Q2-16.

    Ad revenue in the current quarter was Rs 945.45 crore (58.3 percent of TIO) as compared to Rs 926.39 crore (58.3 percent of TIO) in Q316. Subscription Income in Q3-17 was Rs 593.46 crore (36.2 percent of TIO) and in Q3-16, it was Rs 521.79 crore (32.8 percent of TIO) Other Sales and Services Income in the current quarter was Rs 90.21 crore (5.5 percent of TIO) as compared to Rs 139.94 crore (8.8 percent of TIO) in Q3-16.

    ZEEL chairman Chandra said, “Government’s decision to demonetise high value currency had an impact on businesses across sectors. Notwithstanding the short term disruption caused by demonetisation, we believe that it is a step in the right direction. Demonetisation along with implementation of GST and push towards cashless economy would help country’s long term growth.”

    ZEEL’s Profit After Tax (PAT) in Q3-17 increased 8.6 percent y-o-y to Rs 250.81 crore (15.3 percent of TIO or margin) from Rs 230.86 crore (14.5 percent margin). Operating Profit (EBIDTA) in the current quarter also increased 19.4 percent y-o-y to Rs 515.79 crore (31.5 percent margin) from Rs 432.16 crore (27/2 percent margin).

    Total Expenditure in Q3-17 reduced 2.4 percent to Rs 1,148.23 crore (70.1 percent of TIO) from Rs 1,176.31 crore (74.1 percent of TIO) in Q3-16.

    Finance costs in the current quarter reduced 14.7 percent y-o-y to Rs 9.02 crore (0.6 percent of TIO) from Rs 10.57 crore (0.7 percent of TIO) in the corresponding year ago quarter.

    Employee benefit expense in Q3-17 increased 13.2 percent to Rs 141.88 crore (8/7 percent of TIO) from Rs 125.34 crore (7.9 percent of TIO) in Q3-16.

    The company spent 12.4 percent less towards Advertising and Publicity expense in the current quarter at Rs 104.90 crore (6.4 percent of TIO) as compared to Rs 119.75 crore (7.5 percent of TIO) in Q3-16.

    Company speak

    Chandra said further, “The result once again demonstrates our commitment towards profitable growth and enhancing shareholders’ wealth. Despite the impact of demonetisation, we have delivered growth in advertising revenues and growth in subscription revenues remained strong. We believe the adverse impact of demonetisation is transient and with a strong portfolio of national and regional channels we are confident of delivering sustainable growth.”

    ZEEL managing director and CEO Punit Goenka said, “We are happy to deliver another quarter of strong profit growth in a challenging environment. Despite the impact of demonetisation on our advertising revenues, we have improved our EBITDA margins. This highlights our ability to manage costs to drive profitable growth on a consistent basis.”

    Gonka revealed, “Acquisition of broadcasting business of RBNL is in line with our strategy to expand our offering in key genres and focus on regional space. BIG Magic, a comedy channel, will complement our Hindi GEC portfolio. BIG Ganga, the leading Bhojpuri channel, will give us entry into the attractive Bhojpuri market. We are confident that these two channels will benefit immensely from the strength of our network.”

    Goenka informed, “The deceleration in our advertising revenue growth during the quarter is largely attributable to demonetisation. Advertisers’ willingness to invest in their brands remains intact. However, the timing of spends has been re-calibrated to an extent to suit the change in dynamics due to demonetisation. As economic situation is normalizing, ad spends have already started moving up from December levels.”

    International Business

    In its earnings release, ZEEL said that its international business continues to perform strongly driven by global demand for our products. For Q3-17 the international business had total revenue of Rs 253 crore which included Advertisement Revenue of Rs 81.70 crore; subscription Revenue of Rs 111.7 core and  other Sales and Services of Rs 59.6 crore.

    Note: (1) The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

    (2) All numbers in this report are consolidated unless stated otherwise.

    (3) Some of the numbers have been rounded off

  • Sony Entertainment launches historical series ‘Peshwa Bajirao’

    Sony Entertainment launches historical series ‘Peshwa Bajirao’

    MUMBAI: Sony Entertainment Television is bringing to television viewers the glorious life of India’s only undefeated warrior/commander — Peshwa Bajirao, his unconventional ways, his principles in life, his passion and his ideologies.

    A warrior such as him is not born; he was nurtured and raised with values& principles by his mother Radhabai and the astute strategies of war with a fearless approach to life were ingrained into him by his father Balaji Vishwanath. It was in the court of Maharaja Shahu where he learned the art of politics and diplomacy which made him a conqueror of both land and heart.

    Peshwa Bajirao’s short but impactful life makes for a riveting story.

    Sony Entertainment Television EVP & Business Head Danish Khan said, “The inspirational and compelling story of Peshwa Bajirao is relevant to our lives and times. His love for the motherland, his unconventional approach in tackling challenges and his upbringing makes for a delightful and motivational television watch. We are delighted to partner Sphereorigins’ Sunjoy Waddhwa, Nilanjana Purkayasstha and their young creative team to bring this story alive.”

    Sphereorigins CMD Sunjoy Waddhwa said, “We are very happy to be associated with Sony TV for the historical series “Peshwa Bajirao”. The show is based on the fierce Maratha warrior. The story focuses on the life of a legendary Peshwa, from his childhood to a great and fierce ‘yodha’. We have infused all the authenticity of the story on the sets, as well as in the costumes, jewellery, armour, furniture etc. We, at Sphereorigins, are excited at the launch of the show and are optimistic that the audience will enjoy it”.

    Rudra Soni, who will be seen as Bajirao, said, “I am extremely delighted to play the great warrior, Peshwa Bajirao. It is a moment of pride to be associated with this show as I was very fond of playing this character right from the time I did the movie Bajirao Mastani in which I played young Nanasaheb. I was really inspired after reading the story of Peshwa Bajirao and the Marathi legacy in depth.”

    Anuja Sathe, who plays the role of Radhabai, says, “It’s a huge responsibility to play the role of Bajirao’s mother, Radhabai, and I am sure people will like the authenticity we are offering. I am glad people are anticipating and expecting one of the most riveting story telling on Indian television and Peshwa Bajirao is going to be one.”

    Manish Wadhwa, to be seen as Balaji Vishwanath, says, “Given the grandness and victorious story of Peshwa Bajirao, the responsibility of parenting and making Baji a warrior was a challenge. I hope the audience connect with the show as a lot of effort has been put behind it.”

  • Sony Entertainment launches historical series ‘Peshwa Bajirao’

    Sony Entertainment launches historical series ‘Peshwa Bajirao’

    MUMBAI: Sony Entertainment Television is bringing to television viewers the glorious life of India’s only undefeated warrior/commander — Peshwa Bajirao, his unconventional ways, his principles in life, his passion and his ideologies.

    A warrior such as him is not born; he was nurtured and raised with values& principles by his mother Radhabai and the astute strategies of war with a fearless approach to life were ingrained into him by his father Balaji Vishwanath. It was in the court of Maharaja Shahu where he learned the art of politics and diplomacy which made him a conqueror of both land and heart.

    Peshwa Bajirao’s short but impactful life makes for a riveting story.

    Sony Entertainment Television EVP & Business Head Danish Khan said, “The inspirational and compelling story of Peshwa Bajirao is relevant to our lives and times. His love for the motherland, his unconventional approach in tackling challenges and his upbringing makes for a delightful and motivational television watch. We are delighted to partner Sphereorigins’ Sunjoy Waddhwa, Nilanjana Purkayasstha and their young creative team to bring this story alive.”

    Sphereorigins CMD Sunjoy Waddhwa said, “We are very happy to be associated with Sony TV for the historical series “Peshwa Bajirao”. The show is based on the fierce Maratha warrior. The story focuses on the life of a legendary Peshwa, from his childhood to a great and fierce ‘yodha’. We have infused all the authenticity of the story on the sets, as well as in the costumes, jewellery, armour, furniture etc. We, at Sphereorigins, are excited at the launch of the show and are optimistic that the audience will enjoy it”.

    Rudra Soni, who will be seen as Bajirao, said, “I am extremely delighted to play the great warrior, Peshwa Bajirao. It is a moment of pride to be associated with this show as I was very fond of playing this character right from the time I did the movie Bajirao Mastani in which I played young Nanasaheb. I was really inspired after reading the story of Peshwa Bajirao and the Marathi legacy in depth.”

    Anuja Sathe, who plays the role of Radhabai, says, “It’s a huge responsibility to play the role of Bajirao’s mother, Radhabai, and I am sure people will like the authenticity we are offering. I am glad people are anticipating and expecting one of the most riveting story telling on Indian television and Peshwa Bajirao is going to be one.”

    Manish Wadhwa, to be seen as Balaji Vishwanath, says, “Given the grandness and victorious story of Peshwa Bajirao, the responsibility of parenting and making Baji a warrior was a challenge. I hope the audience connect with the show as a lot of effort has been put behind it.”

  • Sony Entertainment TV plans to expand its early prime time to 6pm

    Sony Entertainment TV plans to expand its early prime time to 6pm

    MUMBAI: With the launch of its new offering Peshwa Bajirao, Sony Entertainment Television has entered the 7.30 pm time slot. The channel has expanded its prime time to 7.30pm, and plans to expand it further to 6pm time band in coming 12-18 months.

    Speaking to Indiantelevision.com, Sony Pictures Network India CEO NP Singh said, “With this show, we begin our prime time to 7.30pm, and soon we will have a show at 7pm time-band. Our objective is to start prime time at 6pm in 12 to 18 months’ time.”

    Singh further added, “Sony TV’s weekend shows are running successfully. We are focusing on the growth and reach of viewership of our weekday property and that will happen by launching the new slots on the channel and the launch of new shows on those channels.”

    Sony Entertainment Television EVP and business head Danish Khan said, “The intention is to expand the prime time from 6pm to 11.30pm but one thing at a time. 7.30 pm time slot we are opening now, and, hopefully by April, we will open the 7pm time band. The programming philosophy for Sony is novelty, variety and quality. We are working on banking a writing script in advance also we are shooting in advance. Like we are launching Peshwa Bajirao on Monday with 20 episodes in bank that is to drive the quality. Also we are hoping that we will bring some novel concept.”

    Firstly, it was Star Plus which opened the early prime time slot and later followed by other Hindi GECs entered the space but most of the channels failed to get the positive ratings in those early prime time specially 6pm and 6.30pm. But 7pm and 7.30pm time band became the prime time for all the channels and the space become more competitive with time.

    “There are seven Hindi GEC channels, and India is a huge country with a different set of audience fragmentation. It’s important to have a variety in GECs. In small towns, the prime time starts early, whereas in urban India people watch television slightly late. The overall HSM numbers might not look very big but, in the sub groups of geography, some shows are blockbusters. I think there is huge appetite for early prime time,” informed Khan.

    Well, how successfully Sony is able to encash the expanded prime time, only time will tell.