Category: GECs

  • Sony SAB’s Baalveer ranks 7th on Google’s most searched TV shows in 2019

    Sony SAB’s Baalveer ranks 7th on Google’s most searched TV shows in 2019

    MUMBAI: Sony SAB’s fantasy drama ‘Baalveer’ which has captured the imagination of audiences across the country with its fascinating storyline, has also earned the distinction of being named as the most searched Indian television show across the world according to Google’s annual trends report ‘Year in Search’ for 2019.

    The report ‘Year in Search’ which was revealed recently by Google comprises of data of the most searched topics globally in 2019. Specifically, Google looked at the biggest trends or search terms that saw the largest spikes in traffic over a sustained period in 2019. Baalveer was the only Indian television show from a Hindi general entertainment channel to be featured in the top searches for television shows across the world.

    Set against the backdrop of the two mystical worlds of Veer Lok and Kaal Lok, Baalveer Returns is India’s most loved fantasy drama show on Indian television. Sony SAB, one of the leading Hindi General Entertainment Channels in India, launched the new season for the show titled ‘Baalveer Returns’ featuring Dev Joshi, Pavitra Punia and Sharmilee Raaj amongst others in September which led to this phenomenal spike in search activity on Google. Baalveer Returns features state-of-art sets, delightful cutting edge VFX and a brand-new script with exciting new characters. Interestingly, Baalveer Returns also emerged as the ‘Breakout’ search term on Google ‘Year in search’ for 2019.

    For viewers of Sony SAB, Baalveer is not just a show; it’s a legend – a landmark show on Indian television where the first season of the show had concluded in 2016 after a thrilling journey that continued for over 1000 episodes. Such was the craze for Baalveer that even after four years since the end of the first season, the show was still one of the most viewed shows on SonyLIV, Sony Pictures Network’s online streaming platform. Owing to the demand and the interest from the fans for a new season Sony SAB decided to bring back the magic of Baalveer to the TV screens in a grand new avatar this year.

    Sony SAB, PAL and Sony MAX movie cluster business head Neeraj Vyas said, “Being the only Indian GEC show in the top 10 most searched TV shows on Google globally is a tremendous achievement and we would like to thank all our fans for their love and support which has seen Baalveer and all our shows scaling new heights in popularity every year along with all the cast and crew who work relentlessly to make Baalveer Returns such a grand success. We have always aimed to be the happiness enablers in people’s life and hence all our offerings have always been light-heart values driven content that is loved by all the members of family and one of the key points that differentiates us from our competition is our ability to create characters that click with the audience – the success of Baalveer Returns is a true testament to that.”

  • COLORS brings back television’s most popular, Naagin

    COLORS brings back television’s most popular, Naagin

    MUMBAI: The much awaited Naagin is back! She is back to seek vengeance, to deceive you with her beauty, to either love you or fight you for what she’s lost. Owing to its massive popularity and consecutive successful seasons, COLORS biggest fiction franchise ‘Naagin’ is here with another captivating season titled Naagin-Bhagya ka zehreela khel. This season’s story revolves around Brinda and Nayantara whose lives are intertwined due to their scarred past and that has a bearing on their future. This highly mythical offering will witness a new ensemble star cast of entertainment’s most popular faces like Nia Sharma, Jasmine Bhasin, Vijayendra Kumeria, Sayantani Ghosh among others. Produced by Balaji Telefilms, Presented by Odonil Zipper and powered by Boroplus Doodh kesar body lotion, Naagin Bhagya ka zehreela khel will premiere on Saturday, 14th December 2019 and will air every weekend at 8:00pm only on COLORS.

    The fictional fantasy is based on Indian folklore which entails family drama, revenge, romance, and suspense with inconceivable twists. Love is the strongest emotion and it has a significant place in a Naagin’s life. An imperative part of our folklore has been the belief that if Naagin’s love is snatched away from her, she neither forgives nor forgets and surely returns with a vengeance. Synergising mythological ancient beliefs and the modern-day fantasy series, Naagin- Bhagya ka zehreela khel will enchant viewers with a mysterious story that revolves around two women Brinda and Nayantara, their past which deeply affects their future and fate that brings them on crossroads. While, Nayantara is filled with rage and waiting to seek revenge from everyone who hurt her parents, Brinda is a simple, genuine and kind girl who loves her family. As the story progresses, the audiences will ponder as to how a heartbroken Nayantara, daughter of a Naagin filled with rage, will seek her mother’s revenge. Will she spare anyone who comes her way? Will she be able to seek her revenge and how will Brinda become a part of her vendetta?

    Speaking about the launch Nina Elavia Jaipuria, Head, Hindi Mass Entertainment and Kids TV network Viacom18, said, “At COLORS, we are extremely delighted to have a franchise that has been consistent in all forms be it the popularity, captivating storyline or endearing characters. We have a gamut of shows across genres especially on weekends that have had a series of successful seasons and have connected so strongly with the audience. As far as Naagin is concerned, it is undoubtedly the most successful fantasy fiction property on television. Slotted at 8:00 pm, the show will be back to enthrall viewers and strengthen our weekend prime time viewing. A success story, this season too promises to be edgy and action-packed.  Further she added, “We are extremely happy to partner with Odonil Zipper and Boroplus Doodh kesar body lotion as our sponsors for this season.”

    Commenting on the concept of the show, Manisha Sharma, Chief Content Officer, Hindi Mass Entertainment, Viacom18 said, “It’s always a proud moment to bring back a refreshing season of one of the most watched supernatural shows in India. For the upcoming season of Naagin, we have worked on some key aspect likes tweaking its pace, storytelling, casting and the graphics, making it more engaging than ever. Indian viewers continue to enjoy folklore as a genre, and with Naagin we present an unsettling story fueled with thrill. It will be interesting to watch how Nayantara is filled with rage and waiting to spew venom on everyone who hurt her parents while Brinda who is innocent and unaware is tagged along Nayantara’s venomous journey.”

    Elaborating further, Producer Ekta Kapoor of Balaji Telefilms said, “Over the years, COLORS and Balaji have successfully created a strong line-up of fiction shows, Naagin being the most popular one. The show has become a brand in itself and we hope to continue receiving the same kind of love and support from our viewers. The season presents a compelling journey of Brinda and Nayantara and how their paths cross. Adding to the experience, the storyline will be backed by never seen before visual effects and graphics to allure the audience. I am delighted to have Nia Sharma (Brinda), Jasmin Bhasin (Nayantara) and Vijayendra Kumeria playing a pivotal role in the show.”

    Nia Sharma essaying the character of Brinda commented: “For the first time I am trying my hands in fantasy fiction that has become a very strong brand. Naagin demands commitment, versatility and I am so grateful to COLORS and Ekta Ma’am for trusting in me. I am playing the role of Brinda, simple and soft spoken in nature who avoids fights even when people are harsh towards her. She loves the family she works and is very submissive towards them.”

    Jasmin Bhasin portraying the character of Nayantara said, “Ichachadari Naagin is a proven concept and the show has received a lot of love since its inception. I essay the role of Nayantara, who is bold yet broken and wants to avenge her father’s death. She is fearless and extremely ambitious when it comes to attaining her goal. With revenge on her mind she believes in her fight and can go to any extent for retribution.”

    Vijayendra Kumeria essaying the character of Dev Prakash commented, “This genre is a completely new territory for me, and I am more than excited to be a part of the Naagin legacy. My character of Dev Prakash has an extravagant lifestyle but hates to show-off and respects people around him unlike his affluent cousins. An absolute gentleman, caring and loving he is absolutely against superstitions and doesn’t believe in its power either. Many twists will unfold as the story progresses and I’m thrilled to be part of a show that is already loved.”

    With the pitch-perfect cast of Jasmin Bhasin, Nia Sharma, Vijayendra Kumeria and Sayantani Ghosh in the lead roles, the show also has Shaleen Bhanot, Supriya Shukla, Geetanjali Tikekar and Rakhi Vijan who will be seen playing key roles. Presented by Odonil Zipper and powered by Boroplus Doodh kesar body lotion, Naagin-Bhagya ka zehreela khel, promises to give viewers the best visual experience with a gripping storyline.

    Inspired by the famous memory game, COLORS has introduced, ‘Bhagya ka khel’, where images of all actors across seasons will be used. Users are supposed to open one card and match the same with actors who have been a part of the same season. This should be done in a stipulated time frame. On matching the cards, either BTS videos or bytes of the cast will be played for the users. The game will be hosted on https://www.colorstv.com/in/ and can be played more than once.

  • Viacom18, FHF inaugurates 5th edition of Film Preservation & Restoration Workshop India 2019

    Viacom18, FHF inaugurates 5th edition of Film Preservation & Restoration Workshop India 2019

    MUMBAI: The 5th edition of the Film Preservation & Restoration Workshop India (FPRWI) 2019 was inaugurated on December 8, at Hyderabad’s State Gallery of Art. Supported by Viacom18, the initiative of Film Heritage Foundation (FHF) and International Federation of Film Archives (FIAF) in collaboration with Annapurna Studios is being held from 8th to 15th December, 2019 in Hyderabad.

    The workshop had Shyam Benegal and Chiranjeevi Konidela as the Guests of Honour. The ceremony was held in the presence of celebrated luminaries including Akkineni Nagarjuna, Amala Akkineni, S.S. Rajamouli, Suresh Babu, Jamuna J, Allu Arvind, Shobu Yarlagadda, Raghavendra Rao, T. Subbarami Reddy, Ramesh Prasad and Govt. of Telangana  IT & Industries and Commerce Principal Secretary Jayesh Ranjan.  Film Heritage Foundation Founder & Director Shivendra Singh Dungarpur spoke about the foundation’s preservation, education and outreach initiatives devoted to save the moving image heritage in India and the subcontinent.  Also present at the opening were David Walsh, Training and Outreach Coordinator, FIAF and eminent members of the international faculty.

    Dr. Nora Kennedy, Sherman Fairchild Conservator in Charge of the Department of Photograph Conservation, The Metropolitan Museum of Art, New York was conferred with the Film Heritage Foundation Outstanding Achievement Award and Dr. Ray Edmondson, founder of the National Film and Sound Archive of Australia was given the Lifetime Achievement Award during the ceremony.

    Commenting on bringing the workshop to Hyderabad this year, Dungarpur said, “Over the last four years, we’ve been the Pied Pipers of film heritage drawing over 200 conservators, librarians, film scholars, academics, cinematographers, editors, colourists and technicians into our fold, eager to learn to save remarkable film patrimonies from our part of the world and showcase the richness and diversity of a heritage that has been lying dormant and forgotten for decades. And this number will cross the 270 mark this year. We are now ready to consolidate and build the country’s first world-class Centre of the Moving Image, an institution devoted to the art of film and we hope that we can count on the support of the film industry, the government and the public to make our vision a reality.”

    Speaking on the association with this initiative, Viacom18  Group CEO and MD Sudhanshu Vats said, “India is a country of storytellers and the oldest stories in the world originate from here. Over the years, our cinema has portrayed the culture and heritage of India. At Viacom18, we realise the importance of preserving these stories that form a part of the Indian culture for the benefit of our future generations. As India’s foremost storytellers, we connect deeply with this ethos and our support to Film Heritage Foundation is a conflux of this shared sentiment. The Film Preservation & Restoration Workshop is a step in that direction and we at Viacom18 are proud to be associated with this initiative.”

    Shyam Benegal, said, “I grew up in Trimulgherry, a suburb of Secunderabad, which had a sizeable military presence of both Indian and British army units before India became Independent. There were three cinemas in the cantonment area.  Of the three, the Garrison Cinema was in our neighbourhood.  Shows on weekdays consisted of Indian language films – Hindi, Marathi, Telugu, Tamil and Malayalam.  Weekend screenings were reserved for English language Hollywood films. The result was that I saw practically every film shown at the Garrison Cinema during my growing up years.  It is obvious that my ambition to become a filmmaker germinated during that time. Films are an integral part of our lives and archiving films is a way of preserving our visual history, our heritage and our memories. This is why Film Heritage Foundation’s commitment to training film archivists is important not only to preserve Indian cinema, but also the audio-visual history of our country for posterity.”

    Chiranjeevi, who also graced the occasion as the Guest of Honour, added, “Film Heritage Foundation is not just saving physical reels of film, but also our life’s work as well as the memories of the thousands of people who saw and loved our films and the films that the giants of our previous generations have produced. The Foundation’s work will ensure that future generations can watch and appreciate our films and remember us and the craze for films that we saw in our time.”

    Nagarjuna Akkineni, one of the most revered actors of the Telegu Film Industry said, “Here at Annapurna Studios we have created a museum just for the countless awards my father won in his lifetime. When you look back on the incredible films he made – “Laila Majnu”, “Devadasu”, “Missamma”, “Mayabazar”, “Batasari”, “Premabhishekham” it is a magnificent body of work that we must keep alive for future generations to appreciate the work of a truly legendary actor of Indian cinema.”

    Commenting on the inauguration, eminent film director and screenwriter, S.S. Rajamouli, said, “I was very impressed to hear that Film Heritage Foundation has taken up the challenge to preserve every element that makes up the fabric of our cinematic heritage from reels of film to cameras, posters, lobby cards, scripts etc. They have also developed a superb training program in film preservation and have been conducting these workshops around the country over the last few years to develop a local resource of future film archivists. But they cannot do this alone. The film industry, the government and the public must come forward to support this noble cause in any way that we can do to save our films for posterity."

    Veteran actress Jamuna J who was also present at the Opening Ceremony said, “I have acted in close to 200 films in my career not just in Telugu, but in Kannada, Tamil and Hindi. I have received innumerable awards for my work that line the walls of my home and I have photo albums and newspaper articles that capture the richness of my life in cinema, but I don’t know what will happen to all this that I have painstakingly collected over the years to record my life on the silver screen. It upsets me to see the poor quality versions of my films that are available today. I think the Telugu film industry has been very neglectful of their heritage. I have been interacting with Film Heritage Foundation and I am glad that they thought of bringing their film preservation workshop to Hyderabad, the heart of the Telugu film industry. I hope that this workshop will be a wake-up call to the industry that we need to preserve our films.”

    Daggubati Suresh Babu added, “I was very pleased to hear about the work that Film Heritage Foundation has been doing as I know the importance of preserving the work of my father and other pioneers like him. But unlike them we need to think ahead and have a preservation plan in place for all the films that we continue to produce. As a film industry, we must support Film Heritage Foundation’s efforts as it is in our interest to preserve our work so that it can face the challenges of obsolescence and the relentless march of technology in the digital era that we live in.”

    The week-long intensive program certified by FIAF, will train a total of 80 students from India, Nepal, Bhutan, Bangladesh Sri Lanka and Afghanistan. Participants will be trained in processes to preserve, archive and restore both celluloid and digital films and film-related paper and photographic materials. Global experts like Dr. Ray Edmondson – legendary film archivist and founder of the National Film and Sound Archive of Australia, Robert Byrne – President of the San Francisco Silent Film Festival, Dr. Adelheid Heftberger – Head of Film Access, Bundesarchiv, German Federal Archive, Dawn Jaros – Head of Library Conservation, Margaret Herrick Library, Academy of Motion Picture Arts & Science, Marianna de Sanctis, Head of Film Repair, L’Immagine Ritrovata among others, will be a part of the esteemed faculty of the workshop.

    The 5th edition, for the first time will welcome 12 film archivists and film technicians from the Presidential Palace ARG Archive and the Afghan Film Organization including Dr. Sahraa Karimi, Director General of the Afghan Film Organization, who were responsible for saving their films from destruction under the Taliban regime. Practical sessions in chemical treatment of film in serious condition will also be introduced in FPRWI 2019. Additionally, practical sessions with the latest and world class ARRISCAN XT will give participants hands-on training on scanning archival film.

    FPRWI 2019 is supported by globally renowned industry bodies like The Film Foundation’s World Cinema Project, The Academy of Motion Picture, Arts & Sciences, Fondazione Cineteca di Bologna, L’Immagine Ritrovata, Bundesarchiv (German Federal Archives), Cinemateca Portuguesa, Institut National de L’Audiovisuel (INA), Haghefilm Digitaal, San Francisco Silent Film Festival, FIAT/IFTA, A.V. Preservation by Reto, Media Inventions s.c., The Criterion Collection, Prasad Film Laboratories Pvt. Ltd. and ARRI. Previous editions of the workshop have been conducted in Mumbai in 2015, Pune in 2016, Chennai in 2017 and Kolkata in 2018.

  • COLORS ‘WEAVES’ with India for a stronger tomorrow

    COLORS ‘WEAVES’ with India for a stronger tomorrow

    MUMBAI: Marking the launch of its new fiction offering Shubharambh, COLORS has collaborated with Rouble Nagi Art Foundation (RNAF) to weave the longest ecofriendly bed linen. Giving a platform to the artisans from across the country, the initiative imparts the importance of strong partnerships and how it can help in the betterment of our society. COLORS has always believed in collective progress of the society and reach the consumers at a grassroot level to emerge stronger together. Hence, as a second leg to this activity, the linen will be distributed among the ones in need. Shubharambh chronicles the journey of Raja and Rani, who are imperfect as individuals but together they weave magic. As the show focuses on the power of ‘Ek aur Ek gyarah’, the initiative too will bring India together for a stronger tomorrow.

    Speaking about this partnership, Viacom18 Hindi Mass Entertainment and Kids TV network Head Nina Elavia Jaipuria said, “As broadcasters, we believe in harnessing the power of stories to cultivate change. Shubharambh presents a unique interpretation of companionship and the strength that it beholds, and that inspired us to launch this unique partnership. ‘Ek aur Ek Gyarah’ aims to rejuvenate and empower not just the underprivileged but instill within millions the power of togetherness. By partnering with RNAF, we are taking a step further and helping the community through a craft-based livelihood program that reaches more than 16 states. It has been an absolute delight to partner with an organization that has transformed communities through art.”

    She further added, “At COLORS, we have always believed in growing stronger together and it has led us to conceptualize many pathbreaking shows and innovations. Mirroring this ideology is our new fiction offering Shubharambh that presents a different take on partnership and how two individuals, who get pulled down in life come together only to become each other’s strength. With this new addition, we are set to further strengthen our prime time-band and with Raja and Rani’s exceptional love story create a connect with the audience.”

    Speaking about the show, Viacom18 Hindi Mass Entertainment chief content officer Manisha Sharma said, “As individuals, we all have flaws. We silently condemn them and try to conceal it from the outside world. The journey of Raja and Rani is no different and they will face many hurdles in life as people undermine their talent and often criticize them. But only after this their lives find the missing fortunes in one another, they create magic and build a dream together. The storyline of the show will bring forth many harsh realities of life in the most endearing manner and is sure to strike a chord with the viewers.”

    Rouble Nagi Foundation conducts art workshops throughout India and runs 32 Balwadis in Mumbai alone. The foundation aims to transform the community through art. It’s latest initiative ‘Misaal Mumbai’ was the first 'slum painting' initiative in the country where they painted over 2,000 houses and continues their work in this field.

    Rouble Nagi, Founder, Rouble Nagi Art Foundation, said, “We are excited to partner with COLORS for the launch of ‘Shubharambh’, a show that has a behavior-change message around ‘strong partnerships’. COLORS has always connected with viewers by showcasing major social issues at the grassroots level and we have done the same at RNAF through our unique initiatives. This association will give thousand men and women in villagers and slums all over the country a chance to showcase their skillset and at the same time provide help to the ones in need. With this collaboration, we hope to reach out far and encourage thousands to uplift each other.”

    Believing in the mantra of deeper engagement with consumers, COLORS has designed a 360-degree marketing campaign. The highlight being an on-ground version of a life size board game called ‘Kismat ka Shubhaarambh’. A game of Sajhedaari, that is played by a minimum of 2 couples and a maximum of 4. The game has been built to test the compatibility of every couple as well as their ability to excel as business partners at various points in the game. The winners of the activity will be gratified with exciting prizes. Planned in 4 cities in Uttar Pradesh (Varanasi, Agra, Lucknow, and Kanpur), this consumer drive will further be amplified with a digital version across mediums. The entire marketing campaign will be backed by strong print, digital, on-ground (CGPC) and television plans to create a major impact. Additionally, COLORS has also associated with Pinkathon for a special integration where the 21Km couple run will be re-christened to ‘Raja Rani 21K Run’. On the digital front, the channel is bringing the concept of two very different people coming together via a unique influencer campaign. COLORS will send gift hampers containing one shoe of a pair to one influencer. They then have to post an image of the shoe using the hashtag, #EkAurEkGyarah, and track that hashtag to find out who their pair is! This way, a gamified influencer campaign will pan-out, thereby bringing alive the concept of two unlikely people becoming a pair and being more complete and stronger together, just like our show’s Raja-Rani.

  • Endemol Shine India acquires screen rights for Salil Desai’s ‘The Sane Psychopath’

    Endemol Shine India acquires screen rights for Salil Desai’s ‘The Sane Psychopath’

    MUMBAI:  Endemol Shine India has announced that it has acquired the screen rights to Salil Desai’s chilling and compelling novel, ‘The Sane Psychopath’.

    Endemol Shine India  CEO Abhishek Rege said “Inspired by a real incident, The Sane Psychopath is an astounding psychological tale of a frightening murderous phenomenon of our times. Endemol Shine India is focused on developing quality content, that is gripping and globally relevant to the times we live in. What attracted us to the book is the insight the plot gives into the legal system, the state of mental health and the impact the news and headlines have on the general public. Delving into the mind of a psychopathic killer AND an idealistic lawyer, Salil Desai has penned a story that matters and has the power to change the narrative.”

    Author Salil Desai is elated. “The Sane Psychopath is my darkest novel yet and was the hardest to write. I always thought it was 'made-for-screen' and when Endemol Shine India decided to adapt it, I almost went insane with excitement,” Salil said. Earlier this year, Salil Desai’s much acclaimed Inspector Saralkar Mystery series too was picked up for adaptation into a web series by another big production house.

    "When I first heard the plot for The Sane Psychopath based on this real event, it truly intrigued me. Salil has written a masterpiece! I am so delighted Endemol Shine India picked it up for adaptation and we are all so thrilled for Salil," said Shikha Sabharwal, Publishing Director, Fingerprint! Publishing.

  • Star India’s FY19 losses widen due to IPL

    Star India’s FY19 losses widen due to IPL

    MUMBAI: Star India’s bet with the Indian Premier League (IPL) seems to have made a dent in its pocket for the financial year ending March 2019. The company reported a loss of Rs 1216.13 crore as against a profit of Rs 287.69 crore a year ago, according to a report by Economic Times.

    Star India booked IPL expenses of Rs 4000 crore. Even though the company’s revenue increased by 35 per cent, it was hit by the IPL expenses.

    Economic Times also quoted a Tofler report which indicated that Star India’s total revenue from operations was Rs 12,314 crore in FY19 which was Rs 9149 crore a year ago. Ad revenue was up by 49 per cent while distribution revenue saw a hike of 9 per cent.

    The total expenditure was up by 58 per cent, mainly due to a 66 per cent increase in programming and operating cost, 34 per cent higher employee cost and 57 per cent hike in marketing cost.  While the company has high hopes from the future of Hotstar, currently it also contributed to the losses. IT reported a net loss of Rs 558.38 crore showing revenue of Rs 1112.74 crore.

    FY2019 was also the first year when Star India had both TV and digital rights to the IPL.

    As if this wasn’t enough, Star India also took a hit in its regional business. It saw a 9 per cent drop in net profit from Rs 298.22 crore to Rs 271.85 crore. The regional business revenue was up by 11 per cent touching Rs 1445.10 crore.

    The company recently saw the exit of managing editor Sanjay Gupta, who has moved on to Google India.

  • Zeel issues clarification regarding resignation of 3 directors

    Zeel issues clarification regarding resignation of 3 directors

    MUMBAI: Zee Entertainment Enterprises Ltd (ZEEL) announced on Monday that independent directors Neharika Vora and Sunil Sharma along with non-independent director Subodh Kumar resigned and three new independent directors – R Gopalan, Surendra Singh and Aparajita Jain have been appointed. On the request of the Bombay Stock exchange (BSE) Zeel disclosed the reasons for the resignation.

    Irregularities in CSR spending, film advances worth Rs 2,200 crore, appropriation of Zee Entertainment's fixed deposits worth Rs 200 crore by a bank have been cited as reasons for the resignation of two of the directors along with others.

    “The board of directors have noted that all of the issues raised by the resigning directors have been duly discussed, deliberated and acted upon from time to time in the previous committee/ board meetings in which the said directors were also present,” ZEEL said in a statement.

    The company said Sunil Sharma (Independent Director) in his resignation letter dated 24 November has informed that subsequent to sale of shares by the promoter group, and reconstitution of the board, he tendered his resignation. But at the same time, Subodh Kumar and Neharika Vora flagged several issues.

    Here are the reasons and Zeel’s comment on the issue.

    Film advances given in 2018-19 to the tune of Rs 2200 crores have been cited as the first reason. Zeel commented that the information has already been disclosed annual Report and clarified in various investor interactions.

    Lack of legal action by management when a scheduled bank had appropriated Rs 200 crore of the company's fixed deposits towards promoter loans has been cited as another reason. “Issues pertaining to the wrongful revocation of the bank guarantee stand resolved with the Company having being secured by the promoter companies and appropriate legal notices were sent to the bank at the relevant time,” Zeel commented on the issue.

    Another reason was alleged laxity in spending CSR funds given to a related party foundation or trust. Zeel clarified that the CSR funds have been allocated in compliance with the law and necessary certification has been obtained.

    The directors also raised the issue that the scheduled bank wrote to all directors in October 2019 that a subsidiary of Zeel had guaranteed the repayment of certain loan given to a related party.  “The company has a legal opinion to state that the Company is not liable and in any event there has been no enforcement of the 'guarantee' by the bank, other than to write letters, including to all the directors,” Zeel commented on the issue.

    “A letter received from a PMS entity holding preference shares of the company raising questions regarding build up of related party balances and advances for content acquisition”- has been cited as one of the reasons. According to Zeel, audit of the issues pertaining to related party transactions and advances is underway by auditors.

    The issue of non implementation of certain decision of the board meeting held on 17 October relating to treasury operations has also been flagged by the directors. Against this concern, Zeel said that the company is exploring options to withdraw these deposits in a phased manner without effecting the long term relationship with these banks.No action on large outstanding from DTH operator Dish TV and MSO Siti Cable for the content supplied by Zeel has been mentioned as one of the reasons for resignation. As per Zeel’s filing in the exchange, the same has been secured by a definitive plan and the situation is being strictly monitored as instructed by the board.

  • Viacom18 Consumer Products and Work With Fun launch Club Roadies in Jaipur

    Viacom18 Consumer Products and Work With Fun launch Club Roadies in Jaipur

    MUMBAI: Post the successful launch of Café Roadies in Noida earlier this quarter, Viacom18 Consumer Products extended the legacy of Roadies to India’s pink city. In association with Work With Fun, the brand announced the launch of India’s first ever ‘Club Roadies’ in Jaipur today. Club Roadies is a perfect hangout spot for youngsters who are inspired by the vigour and appeal of the show. As India’s longest running adventure reality show, Roadies has not only fascinated generations of the young audience but also evolved as a cult over 16 years.

    Club Roadies offers a vivid and innovative experience to all clubbing and party enthusiasts of Jaipur. With the undying spirit of Roadies at its core, this place embodies the vibrance of youth, their passions and preferences thereby letting customers celebrate unabashedly. Coupled with an ode to the iconic legacy of Roadies that comes to life with its décor, Club Roadies is your go to place for all things adventure.

    Commenting on the launch of Club Roadies, Mahesh Shetty, Head- Network Sales, Viacom18, said, “Our Consumer Products business is constantly thriving to create experiences for audiences and being a catalyst to fandom. Roadies enjoys extreme popularity and fanfare amongst the youth therefore, it makes a perfect fit for extending into a lifestyle franchise. After launching Café Roadies earlier this quarter in Noida, we are happy to partner with ‘Work With Fun’ yet again to bring an out of TV Roadies experience to Roadies fans.”

    Commenting on the launch and association with Club Roadies in Jaipur, Mr. Neeraj Singhal & Mr. Ankit Gupta, Co-Founders of Work with Fun said, “Club Roadies has set up a next-level clubbing and food experience for the fun-loving people of Jaipur. We wanted to create a place that is synonymous with comfort for an audience who loves spending time with their loved ones or groups and wants to enhance their everyday experiences like a Roadie. At Club Roadies we have tried our best to create an atmosphere for Roadies lovers to make them feel like a part of the show. With this, we have taken special care of Rajasthani taste and style which makes this club the outstanding one in pink city."

    Celebrating all things ‘Roadies’, the menu here will offer dishes and beverages that rekindle nostalgia. From ‘Game ke Andar Game’ (Burgers and steaks) and ‘One for the gang’ (pizzas) to ‘Pasta Ka Vaasta’ (Pastas) and ‘Bada Dhamaaka’ (Platters), this place lets you indulge in the most delectable treats. Also, present is a special section ‘An Evening in Pink City’ including all popular local dishes and flavours to munch on. Club Roadies offers a diversified range of beverages catering to different types of Roadies like LIIT, Brave, Desi, Extraordinary and old school.

    From a wall of fame dedicated to winners to colourful graffities, task zones and larger than life installations, Club Roadies stands out with its well curated interiors that embody the essence of the show. The club also houses the iconic Roadies bike that has intrigued millions for over a decade. More than just an addition to the city’s vibrant club culture, this one of a kind differentiated destination promises a genuine ‘Roadie’ experience that will be enjoyed by one and all.

  • BlackRock stake in Zeel crosses 5% mark

    BlackRock stake in Zeel crosses 5% mark

    MUMBAI: Despite the debt crisis of the promoter group of Zee Entertainment Enterprises Ltd (Zeel), foreign fund investors aren’t shying away from betting their money. New York-based BlackRock has increased its stake in the Indian media conglomerate. Before 21 November, BlackRock held 4.77 per cent stake which has now crossed 5 per cent.

    Before the acquisition, BlackRock had 45,837,578 shares carrying voting rights in the company. Now, it has increased by 0.24 per cent in an on-market transaction reaching 48,191,811 shares. Post the acquisition, the total diluted share of BlackRock in Zeel stands at 960,483,235, as per a listing in the Bombay Stock Exchange (BSE).

    On the morning of 20 November, Essel Group announced its plan to sell 16.5 per cent stake in its flagship property  Zeel to financial investors to clear off its massive debt. Their offer putting on sale 16.5 per cent of the Essel group’s pledged holding in Zeel was quickly mopped up by existing and long-term investors in Zeel at a price of Rs 304 per share the very next morning.

    In another development, media maven Subhash Chandra has resigned as chairman of Zeel with immediate effect. While the board has been reconstituted, three new independent directors have been appointed in lieu of two independent and one nominee director of Essel Group, namely Niharika Vora, Sunil Sharma and Subodh Kumar, respectively.

    The company said in a statement that reconstitution of the board was to strengthen and induct independent members with varied experiences to build value and provide a strong signal to the existing and new institutional investors who have recently reposed their faith in the intrinsic value of the company, by investing Rs 4770 crore.

  • The Q India hopes to cross 75 million Pay TV households, plans to launch regional version in 2020

    The Q India hopes to cross 75 million Pay TV households, plans to launch regional version in 2020

    MUMBAI: Even as most new media entrepreneurs are going the digital way, The Q India is taking a different approach. The Q India’s first focus is traditional pay TV where it feels this audience is still underserved.

    As the completely owned subsidiary of QYOU Media, the channel has been targeting the Hindi speaking audience in the age group of 20-30 years. To address this need gap, not only has it ramped up distribution but is also going to extend the channel with regional languages by 2020.

    The Q India co-founder, MD and Locomotive Global Inc (LGI) co-founder and partner Sunder Aaron in an interaction with Indiantelevision.com’s Gargi Sarkar spoke on the network’s content strategy, expansion plans outside India and future goals.

    Edited excerpts:

    Please elaborate on The Q India’s content strategy and partnership deals.

    The Q India was launched a couple years ago, and has become a fully Hindi language channel in the course of the past year. The content strategy is simple: we want to work with the best digital content creators in India who are also social media stars and media influencers, and create a channel that is relevant for young Indians. We've fashioned the channel to appeal directly to Hindi-speaking young Indians, 20-30 years old, who, we feel, are under-served in the Indian pay TV landscape. Of course, The Q India is available across platforms. So while pay TV is our immediate focus, we are also widely distributed on OTT and mobile platforms. These digital platforms are of vital importance to us, and will only grow in value and primacy over time. It may take a few years, so until that time, we are going to make sure that the linear TV channel continues to grow and improve. Since the channel is a Hindi language general entertainment channel, we apply to our FPC some basic principles for programming broadcast channels. As we get more and more info and data about our audience and their viewership patterns, we are able to tweak and refine the programming offering and schedule. We've seen rapid growth in our audience and viewership over the past year, so we seem to be doing something right! 

    We have a number of partnerships with leading distribution platforms including Tata Sky and Airtel Digital for Pay TV, and MX Player, Zee 5, Sony LIV, Dish Watcho, and Jio for mobile and OTT. 

    We have got terrific content partnerships as well, including with Pocket Aces, Culture Machine, Miss Malini, Nirvana Digital, Arre, Spot Boye and AajTak, to name a few. 

    What is the target audience you are looking at?

    Young Indians, 20-30 years old. While our flagship channel, The Q India, is Hindi language, we are aiming to launch regional versions of The Q starting in 2020. 

    What do you want to achieve by the end of 2019?

    We have started distribution of The Q with cable operators, so we hope to cross a reach of 75 million pay TV households as we enter the new year. We have just started our ad sales efforts in earnest, so would also love to start adding some blue chip advertising partners going into 2020. Of course, our expectations and objectives for 2020 are expansive, so finishing 2019 on a high note will give us the platform we need from which we can really take off as a business and brand!

    Are you looking at expanding The Q India outside India?

    Yes, in fact, our strategy in India for The Q is the same approach that we expect to take as we enter other Asian and European markets. We have been eying local versions of The Q in Indonesia, Philippines, Thailand, Vietnam as well as Germany and the United Kingdom. 

    You have partnered with a few OTT platforms. What has been the content consumption trend from the feedback you received from the platforms?

    We are still newly-launched on most of our partners' OTT platforms. The early feedback has been positive, and it's clear that we are a good fit, since we share the same target audience as our OTT platform partners.

    What are the major challenges right now is the ecosystem which may impact you as well?

    It would be great to have an independent ratings service (equivalent to BARC for TV) for digital viewership. Once we have a trusted currency for this space, it will help really grow the market adoption of advertising on digital platforms. While digital advertising continues to grow every year, it's still dominated by Facebook and Google. It will be a challenge but a big step forward when agencies, advertisers and companies begin to widen and diversify their media plans. 

    The economy has also been a challenge for advertising-supported businesses. While India is generally fine, the market has been a little slower and festive period less robust than expected. While all the signs seem to indicate that the summer will see a more robust market, we will have to wait and see. 

    Meanwhile, marketing costs continue to be high. It's difficult and costly to build a brand in India (especially in the metros). We expect to start investing more resources into brand building and activations (e.g. Q FEST) so that The Q will grow and expand across India's young people. Fortunately, we own a television channel ourselves, which is the best possible vehicle to rely upon to create profile and familiarity for a new brand!