Category: GECs

  • SMAAASH Entertainment strengthening its team with new leaders for 41 locations in 19 cities across India

    SMAAASH Entertainment strengthening its team with new leaders for 41 locations in 19 cities across India

    MUMBAI: SMAAASH Entertainment has recently promoted Mr. Udit Batra and Mr. Jaydeep Ray.  Udit Batra will now be heading PAN India F&B operations along with NCR & Bengaluru cluster head duties.  He has been associated with SMAAASH since 2015 and has served as General Manager Operations & Cluster Head of Delhi/NCR. During his tenure with the brand he has proven his skills in managing teams to work in sync within the corporate set parameters. In past he has also worked with hospitality brands like The Deltin Daman, The Park and The Taj Krishna.

    On the other hand Jaydeep Ray will be Head of Brand & Marketing- India ( General Manager Marketing). Earlier he played his role as the Marketing Head for the North India centers of SMAAASH & Business Head for Online Sales and has been loyal with the brand from the very long time. In his past stints he has worked in entertainment & leisure activities organisations like Kingdom of Dreams & Appughar Amusement parks as Marketing & Brand Manager.

    On the recent new appointments and promotions given Mr. Kaizaad Bajina, COO, SMAAASH said “ My heartiest congratulations to both of them and I believe that they will do complete justice in their new roles as well. I look forward to boosting our brands reach with a focus on new innovative way to do business, operational excellence, strategic development and team building”.

  • ZEEL promoters pledge 10.71% shareholding with Russia’s VTB Capital

    ZEEL promoters pledge 10.71% shareholding with Russia’s VTB Capital

    MUMBAI:  Zee Entertainment Enterprise Ltd’s (ZEEL) promoter Essel Group pledged 10.71 per cent shareholding in the media company with Russia’s VTB Capital Plc.

    According to a disclosure made by VTB Capital to the stock exchanges, the encumbrance on 10.2 crore shares of Zee owned by Essel Media Ventures Ltd was created pursuant to a loan agreement executed on 4 September 2017.

    As per Sebi’s new rules related to pledging which came into effect on 1 October, disclosure of detailed reasons for encumbrance if the shares pledged equal or exceed 50 per cent of the total promoter holding (including shares owned by persons acting in concert) or 20 per cent of the total share capital of the company is needed.

    As of 30 June 2019, the promoters were holding about 35.79 per cent of the company. Subhash Chandra-led Essel Group has been working to sell assets due to high debt crisis. Essel Group agreed to sell up to 11 per cent stake for Rs 4,224 crore in Zee to Invesco Oppenheimer to repay lenders back in August.

  • Star Plus spotlights 26 Changemakers to shape a New India

    Star Plus spotlights 26 Changemakers to shape a New India

    Mumbai: Star Plus announces the second season of “TED Talks India NayiBaat,” a collaboration with TED, the globally celebrated nonprofit organization devoted to Ideas Worth Spreading. The new season reflects the narrative of a vibrant, fast evolving new India – bolder, brighter, braver.

    A legacy of passivity and acceptance is giving way to a society that is demanding and driving change. Armed with optimism, young millennial minds are leading the way, becoming change makers, because they believe their innovative ideas and spirits are bigger than the odds they face. “TED Talks India NayiBaat” turns the spotlight on ordinary Indians doing extraordinary work. These visionaries and everyday heroes will spark new conversations, infuse movements with energy and inspire a billion imaginations to action.

    The show will be aired over weekends in Hindi, English, Tamil, Bangla and Telugu across Star Plus, Nat Geo, Hotstar and Star World, starting November 2nd.

    Sanjay Gupta, Country Manager, Star & Disney India,said,“With TED Talks India NayiBaat, our goal is to showcase, celebrate and support the unsung visionaries who are working towards making a positive impact on society. I believe that a nation is built on the ideas and values of its people. We hope that the ideas and work of our featured speakers inspire our youth to don the role of a social change agent.”
            
    Shah Rukh Khan said, “On the show, I witnessed so much passion – people with pathbreaking ideas are disrupting the shackles of the impossible and finding solutions. TED Talks India is a mirror of the new face of India. It is all about being future ready and future focused. I am in awe of the diverse spectrum of speakers this season. On one hand, we have a 13-year-old scientist creating amazing inventions; on the other is a woman from Bundelkhand empowering thousands of Indian girls. This kind of television content is time-defining. It is the need of the hour.”

    Chris Anderson, Head of TED, added, “India has a spirit of optimism and continuous evolution that’s beautifully captured in this series. From speakers on the TED stage to hundreds of TEDx events organized across the country, TED has had a longstanding relationship with India. We’re thrilled to continue to collaborate with Star Network to showcase the brilliant ideas that can shape the India of tomorrow.”

    Tuning into the intelligent audience in this new India, aware of its potential and possibilities, Star Plus is committed to developing landmark content that is both entertaining and socially progressive. Over the years, milestone shows like Satyamev Jayate, Rubaru Roshni and the recent live telecast of Chandrayaan 2 have been some of the celebrated initiatives from the network.

    Stay Tuned for TED Talks India NayiBaat, starting November 2rd, 2019 at 9.30 p.m. on Star Plus
     

  • Vishal Sonkar crowned ultimate Dance Deewana

    Vishal Sonkar crowned ultimate Dance Deewana

    MUMBAI: A stage which proved time and again that age is just a number and a passion for dance is the only language, saw a thrilling culmination to months of intense competition as Vishal Sonkar was crowned the winner of Dance Deewane Season 2 in a grand finale. Vishal Sonkar from 2ndgeneration beat finalists Twisha Patel & Vihaan Trivedi  from 1stgeneration and Mehul Mehta from 3rd generation to win the coveted trophy and grand prize. For the first time ever, the show has seen 2nd generation as the winner. Produced by Dreams Vault Media and Presented by Colgate, Dance Deewane has consistently raised the bar of live performances and made a special place in the hearts of viewers with many memorable moments. 

    The grand finale of Dance Deewane was a tribute to the passion of dance with performances by special guest stars, including the desi girl Priyanka Chopra Jonas and superstar Salman Khan. The finale was a fine blend of soulful and upbeat performances. Dhak Dhak girl Madhuri Dixit set the stage on fire with her scintillating performance and Salman Khan thrilled the audience as he gave them a sneak peek into his upcoming reality show Bigg Boss. Ace director Shashank Khaitan, and choreographer par excellence, Tushar Kalia dazzled the contestants and audience with their wit and humour. The show's host Arjun Bijlani left the audience in splits with his comic timing.

    Throughout the season, Vishal consistently impressed the judges with his incredible dance techniques, his innovative choreography and inimitable style. He displayed his truest passion for dance as he stepped out of his comfort zone and undertook hours of grueling rehearsals to give the contest his very  best shot. He explored maximum dance styles to  impress the judges and make a space for himself in the hearts of viewers.

    Speaking about the Grand Finale of Dance Deewane, Vaicom18 Chief Content Officer– Hindi Mass Entertainment Manisha Sharma said, “ At COLORS, we have always believed in providing a platform to people who dare to dream and have the ability to chase their dreams and bring them to life. Dance Deewane has opened the platform to contestants across generations, giving them a once in a lifetime opportunity. We are very happy that this season too lived up to the expectations we have set for ourselves.  We have yet again had a fantastic mix of contestants across generations who have set new benchmarks with their excellent performances. Whilst all our contestants are true winners, as a rule of the game, there could only be one winner, and India chose Vishal. We wish him all the best for the future and thank the audience for their continued overwhelming support. ”

    Bestowed with high praise on winning the title, winner Vishal said,“I am beyond words to express every moment I’ve had on Dance Deewane Season 2, and I know that it is something I will cherish all my life. It has been a wonderful journey and I want to congratulate my co contestants who also put their heart and soul into their performances. I am happy that I will take back lessons that shall stand me in good stead all through my dancing career. I sincerely thank the judges for their honest feedback and constant encouragement that made me strive hard to reach here. I am also thankful to my mom for her push and support without which I could not have achieved this moment.”

    Concluding the second season on a high note, Dreams Vault Media Producer Arvind Rao said, “The entire journey of Dance Deewane season 2 has been enriching as we set a vision for ourselves and strived very hard to achieve it. The show spearheaded the theme “Yahan Deewangi Nahi Kisi Ki Kam… Dekhenge Kis Generation Mein Hai Dum” where contestants across three generations with varied backgrounds showcased the struggles, fought stereotypes and astounded the audiences and judges with some stellar performances. I congratulate Vishal and  all the other  contestants for putting their best foot forward and wish them luck for their future endeavors.”

    As the curtains come down on Dance Deewane, the other entertainers who made it a stellar show are the eccentric show host, Arjun Bijlani and the trio talent masters – celebrated director, Shashank Khaitan,  choreographer Tushar Kalia, world renowned Priyank Chopra with dancing diva Madhuri Dixit who made a special appearance in the show. Superstar Salman Khan also created a vivacious aura with his distinctive personality and resplendent energy. Madhuri Dixit and Priyanka Chopra Jonas set the stage on fire as they danced to Pinga and Dola Re Dola Re. All the final performances by contestants were dedicated to Salman Khan leading to the announcement of the winner Dance Deewane Season 2 which had a successful run will make way by the much-awaited reality show – Bigg Boss 13.

  • Essel Group, lenders agree on timeline extension for sale of assets

    Essel Group, lenders agree on timeline extension for sale of assets

    MUMBAI: Multi-faceted business conglomerate Essel Group announced and confirmed that its lenders have unanimously agreed to extend the timeline, enabling the group to optimise the value output from the sale of its assets.

    As per the official communication issued on 20 September 2019, the group was in a steady and progressive dialogue with all the lenders. The mentioned extension of the timeline was requested purely in the interest deriving the right value of the precious assets of the group.

    The lenders have extended complete support to the group and its promoters, recognising the intrinsic value of the assets and the overall asset divestment process undertaken. The group remains confident on further divestments including its non-media assets.

  • LIVE Viacom18 and BookMyShow join hands to bring ‘Peppa Pig Musical’ to India

    LIVE Viacom18 and BookMyShow join hands to bring ‘Peppa Pig Musical’ to India

    MUMBAI: After running into packed houses across the US, UK, and Asia, ‘Peppa Pig Musical’, the live theatrical adaptation of the famed animated series on TV, is finally coming to India! LIVE Viacom18 and BookMyShow, India’s leading entertainment destination, have joined hands to bring Peppa along with her family and friends to the country, taking kids on a never-seen-before joyous ride. Presented by ICICI Bank Debit & Credit Cards, the all-new live stage show will keep fans talking, singing and dancing, wanting for more. The Peppa Pig Musical will tour 8 cities across 78 shows, starting this November.

    Making Children’s Day more exciting for the little ones, the most charming little piggy on the block will hit the stage making its debut with the preview show at Bal Gandharv Rang Mandir, Mumbai on November 14th.

    With this musical, LIVE Viacom18 and BookMyShow are set to provide a unique out-of-home entertainment experience to Peppa enthusiasts. This fully immersive musical with incredible life-sized characters with beautiful costumes will bring every kid’s favourite Peppa to life like never before and elevate their experience. Following its preview, LIVE Viacom18 and BookMyShow will roll out the carpet for the Peppa Pig Musical across seven other major cities including Delhi, Chennai, Bengaluru, Hyderabad, Pune, Ahmedabad and Jaipur.

    Peppa Pig has been one of the most loved international animated television series airing on India’s no.1 Kids Channel –Nickelodeon. The series has consistently been amongst the top 20 properties on a digital platform – VOOT.

    Mahesh Shetty, Head – Network Sales, Viacom18, said, “Ever since its launch Peppa Pig has become a household name and an important part of our ecosystem. Owing to its growing demand and popularity, we’re thrilled to bring a one-of-its-kind live musical for the audience to feel closer to their favourite characters and witness this wonderful experience. The announcement is an extension to Viacom18’s list of ‘firsts’, which includes – Viacom18 Consumer Products being the official merchandise partner for Peppa Pig in India to  broadcasting the iconic pre-school property on Nick Jr. and VOOT Kids; and now further venturing into bringing Peppa Pig, ‘LIVE’ with the first-ever Musical extravaganza. We are delighted to associate with ICICI Bank Debit & Credit Cards and BookMyShow LIVE for this unique property and are positive that this visual extravaganza filled with music and joy will be loved by everyone.”

    “The live entertainment industry in India is witnessing remarkable growth, with newer avenues of out-of-home entertainment opening up and being loved by audiences. BookMyShow is thrilled to collaborate with LIVE Viacom18 for the Peppa Pig Musical, adding another distinctive theatrical offering to our extensive repertoire of live entertainment experiences, all executed at par with global standards. We are certain that kids will love the musical, as much as they love the series.”, said Kumar Razdan, Head – Theatricals, BookMyShow.

    Amarjit S. Walia, Product Head – Cards, ICICI Bank said, “We are delighted to partner with Viacom18 to bring alive one of the most loved characters, Peppa Pig, to India. Looking at the popularity of these characters, we believe that the audience would love the musical. This being India’s first-ever LIVE introduction to their journey, the shows will be an unforgettable experience for the fans who have made Peppa Pig a success in the country.”

  • Colors’ ‘Bigg Boss 13’ introduces superfast format with mini-finale

    Colors’ ‘Bigg Boss 13’ introduces superfast format with mini-finale

    MUMBAI: Colors is all set to premiere its biggest reality show Bigg Boss 13 with a different format on 29 September at 9 pm and thereafter every day at 10.30 pm followed by weekends at 9 pm. This year the channel has robbed in smartphone brand Vivo as the presenting sponsor, FMCG product Lay’s as a special partner while Ching’s Chinese, PokerStars.in, BharatPe, Whirlpool and Helo are associate sponsors.

    Last year, the channel witnessed 5 to 6 per cent growth in its ad rate and this year it is expecting at least 10 per cent this year with the growth of viewership and ratings of the show. Viacom18 Hindi mass entertainment and kids TV network head Nina Jaipuria said, "Ad rates grow as the inventory becomes scarce. As the interest speaks, the rating peaks, the rates will increase and therefore we will never sell out inventory right upfront. We will ensure that as the rates go up, as the show starts speaking and as the viewership start speaking."

    She further said, "We will expect more rise in ad rates compared to last year because we are also in the Diwali festive season. Everybody's waiting very anxiously for celebrities, which leads to more traction and viewership. And therefore, we should actually see at least 10 per cent increase in ad rate. We normally see a growth in Diwali in terms of revenue as well as ratings. So we make sure we monetise and capitalise on that event because it's a big show for us. And we will truly want to monetise it to its maximum."

    Brands love this show and the channel is aware of it. Jaipuria said, "Over the years Bigg Boss has become a platform that has been very engaging for brands. They've understood that there is a lot of opportunity and potential where brands can be integrated, customisations can happen and solutions can be found. And, therefore, the minute we talk about a different format, a little innovation, an all-celeb show, we see a lot of advertisers and we've already got seven advertisers on board. We're hoping to get more as soon as the show starts."

    Jaipuria also explained the different format of show. "Typically with Bigg Boss there is always an expectation of something different, new, and innovative.  This year we made a strategic shift in the format. We made it a superfast format, which starts the minute the contestants go into the house. And the reason why we wanted to do it differently this time also was to create a little bit of dhamaka. So in four weeks itself, we will see a mini finale, although the show is a 100-day show. But we see a lot of excitement in the first 30 days and that will peak the viewers’ interest. And there'll be a lot of speculation, and then a lot of anticipation. So we decided consciously to make sure that we changed the format in a way which is different and new and never seen."

    Elaborating on the concept of the show, Viacom18 Hindi mass entertainment chief content officer Manisha Sharma said, “Bigg Boss is a property that is year-marked in everybody’s calendar, whether it’s the celebrities who want to participate, the partners who want to associate or the creative thinkers who want to innovate. Every season, we give a new meaning to unpredictability and make the content entertaining as well as cohesive to appeal to all. This season will pick up the pace from the minute the contestants enter inside, drawing more traction and raking up multiple debates and discussions.”

    Speaking about the launch of the show, Jaipuria said, “Bigg Boss over the years has become a sentiment synonymous to entertainment rather than just a show. From setting a benchmark in disruptive and voyeuristic content to creating the best platform for brand visibility – Bigg Boss has instituted itself as a phenomenon. Staying true to our promise of providing differentiated entertainment, the new season of Bigg Boss will tread beyond the usual and speed up the proceedings by presenting the action of two seasons packed in one. To add to the curveball is our host, Salman Khan whose association with Bigg Boss for the past 10 years has only added more sheen and charisma to the show.”

    As one of the most popular non-scripted reality shows, Endemol Shine India has always given an unconventional spin to Bigg Boss making it more appealing. Endemol Shine India CEO Abhishek Rege said, “The franchise has not only grown manifold but has also expanded its footprints in various languages and has been entertaining viewers across the board. This year, we have strived to present a concept that connotes speed and promptness that will enhance the drama and entertainment quotient like never before. We have relocated the set from Lonavala to Mumbai for the first time and have given the house a wondrous vibe. We hope the audience gets hooked on to this speedy journey that they will soon embark on.”
    Colors’ Bigg Boss is a multiplatform property which will be present across mediums for its audience. This time around, AR Instagram Filter will be introduced in the launch week on digital front. Through #BB13TedhaTask, audiences will get to perform 5 tedha tasks every day and win a chance to partake in the Bigg Boss festivities. VOOT will keep the digital viewers attuned to the exclusive content and latest ongoing of the house through its popular properties like ‘Unseen Undekha’, ‘Cutless’, ‘Bigg Buzz’ and new additions like- ‘VOOT Night Live- BB Edition’. 

    Also, increasing the interactivity this season will be a host of fun and engaging segments like- ‘Video Vichaar’, ‘Chugli Booth’ and ‘Pulse meter’, where users will get a chance to participate in the content of the show like never before. For the first time, viewers will get to vote on Voot and MyJio App. Besides the voting feature on MyJio App, there are a host of other interactive activities lined up for the users to enhance engagement including sentimeter, Jio Luxury Bazaar, an interactive game and ‘Bigg Boss League which will be based on a predict-to-win model. The select lucky winners will even get to visit the Bigg Boss set and see Salman Khan live as a gratification.

    On the marketing front, a robust network and non-network plan with a mix of news, movies, music and regional channels along with a high impact OOH are being planned. As Bigg Boss moves to Mumbai this season, the house will be adorned with many interesting pop art elements and bring colour palettes to give it a more youthful feel. With a double dhamaka in-store, the Bigg Boss journey is sure to be an entertainment extravaganza.

  • ZEE Entertainment, in association with Wrestling Federation of India, announces the launch of ZEE Kushti Dangal

    ZEE Entertainment, in association with Wrestling Federation of India, announces the launch of ZEE Kushti Dangal

    MUMBAI: Following the unprecedented success of ZEE Maharashtra Kushti Dangal, Zee Entertainment Enterprises Ltd. (ZEEL), under the aegis of Wrestling Federation of India (WFI), today announced the launch of ZEE Kushti Dangal. In what shall be a delight for wrestling fans, the inaugural season of the dangal will kick start from November 3, 2019. With Member of Parliament and popular actor Ravi Kishan being the brand ambassador of ZEE Kushti Dangal, the property is all set to strike the right chords with the sports and entertainment seeking audience.

    The 8 franchisee teams shall each consist of 7 players (4 male and 3 female),placed across 7 weight categories, who will feature in a total of 151 bouts.  In addition to these 86 wrestlers, 30 grapplers (4-5 for each team/weight category) are reserved should there be an injury to a player in the main group. The Kushti dangal will be held in Banaras and Jaipur, while the players will be selected across seven states – Madhya Pradesh, Bihar, Uttar Pradesh, Rajasthan, Uttarakhand, Jharkhand and Chhattisgarh. With the promise of making wrestling a family-viewing show, the two hours of high-voltage action will be complimented with bouts of entertainment that will telecast on BIG Magic, BIG Ganga, Zee Bollywood and Zee Hindustan.

    Speaking on the launch of ZEE Kushti Dangal, Mukund Cairae – COO, International Business & ZEEL – Head of Sports Business said, “As a group, ZEEL, since its very inception, has been at the forefront of creating novel platforms that discover and promote talent across various arts, disciplines and sporting activities. A platform like ZEE Kushti Dangal is the perfect springboard that young and upcoming wrestlers across the country need in order to make the giant leap in their career. High on a regional appeal, we are highly optimistic that, through our extensive domestic broadcasting network, we shall bring the sport to millions of households across the country and popularize the sport amongst the masses. With each of the fights, boasting of action that will keep audiences hooked and at the edge of their seats, we are proud to have made a telling contribution towards elevating wrestling to greater heights.”

    Talking about the association Brij Bhushan Sharan Singh, President – Wrestling Federation of India said, “We are extremely happy to associate with ZEEL, one of the largest media houses in the county. They’ve been one who, through their endeavours and initiatives, have always given masses an opportunity to make a name for themselves and see the abundance of rising talent there is. We firmly believe that the association will take the sport to newer spaces and audiences, while enabling us to engage with our patrons in various exciting ways. We are hopeful that while the platform will provide fans with nail-biting action and entertainment, it will also help identifying newer talent in the world of Kushti.”

    With a focus on creating content for the family audience while building a dynamic dangal that raises the bar of Kushti to meet international standards, the property will be promoted through a heavy mix of media tools including print, TV, Out-of-Home, radio and digital. The 19-day wrestling extravaganza will also feature a host of celebrities that’s sure to take the entertainment quotient up a notch.

  • English GEC genre becomes top gainer in Chrome DM Week 36

    English GEC genre becomes top gainer in Chrome DM Week 36

    MUMBAI: English GEC has become the top gainer in week 36 of Chrome Data Analytics and Media data. The genre grew by 8.93 per cent. In this genre, Comedy Central channel gained the highest OTS with 42.9 per cent in 6 metros markets.

    OTS is the actual census-based percentage connectivity of a channel spread across 81 million homes, as reported by Chrome DM, across analogue cable, digital cable, and DTH.

    This week, English Movies gained second position and grew by 5.19 per cent in 6 metros market. In this genre, MNX gained the highest OTS with 48.5 per cent. Infotainment genre stood third position gaining 4.31 per cent in all India 1 lakh+ market. History TV18 secured the highest OTS with 88 per cent.

    Business News stood in fourth position in 6 metors market and grew by 1.95 per cent. CNBC Awaz channel gained the highest OTS with 84.9 per cent. Sport genre stood on the fifth position and grew by 2.55 per cent in all India 1 Lakh+ market. In this genre, DD Sports gained the highest OTS with 95.7 per cent.

  • Sun TV Network cautious about FY20 growth expectation due to economic slowdown

    Sun TV Network cautious about FY20 growth expectation due to economic slowdown

    MUMBAI: The current slowdown in the Indian economy has stunned the expected growth of major companies, and media conglomerates are not an exception. South India’s largest broadcaster Sun TV Network is being cautious about the growth expectation for the rest of the year especially due to a headwind in the advertising sector. Due to this, the Marathi channel launch has been put on hold.

    “We are seeing a lot of deceleration in sectors like auto and real estate and because of that, there is some multiplier effect which is pulling down the momentum in the economy. So, if you look at all the numbers that have come out from FMCG companies, barring some notable exceptions, like Asian Paints, everybody is painting a very down outlook. So, in that context, we shouldn't expect anything spectacular for the remaining calendar year at least. People are saying that if the monsoons are good, things will pick up because of better spending power coming into the rural economy. But all that is still a guesstimate,”  Sun TV Network group CFO SL Narayanan commented in an earnings call with analysts after the 1st quarter of FY 20.

    Explaining the current situation, he noted that the outlook for advertising this year is pretty challenging. Narayanan also added that the company is unable to give any guidance on advertising as well and need to set expectations very reasonably. According to him, even ending up with a mid-single-digit growth would be lucky this year.

    For the first quarter of FY 2020, advertisement revenues stood at Rs 368 crore, broadcast at Rs 10 crore, international subscriptions around Rs 41 crore, revenue from pay channels including digital was about Rs 169 crore and DTH Rs 228 crore. Along with these segments, movie production helped to garner around Rs 41 crore and IPL Rs 244 crore.

    Along with the slowdown in the national market, the situation in Tamil Nadu’s regional market has not also been very rosy. The spending of local and regional advertisers has also shrunk because of a lack of liquidity in the system. Narayanan also added that people are not seeing any ROI in advertising.

    “We have seen 2-3 per cent growth in the market share which we have gained over the past couple of weeks. So, our endeavour is to further keep growing the market share. And ultimately, it leads to the level where we were a couple of years back. So, I think the desire is to go to 50 per cent and we are working towards it,” Narayanan commented on Tamil Nadu market share expectations.

    Sun TV Network MD R Mahesh Kumar also added that some of the competitors are losing substantial share in the Tamil Nadu market. However, a series of launches happening in the market is making them confident about  gain in further market share eventually leading to better monetisation. He also added optimistically that the company will also improve the revenues accordingly.

    While the broadcaster forayed into the Bangla market at a time when the new tariff order changed the entire scenario, it left an impact on the newly launched Sun Bangla as well. Sun TV's CFO is still optimistic about the revenue of its Bangla GEC. He also added that the channel needs to be given some time as it launched only five months back. According to him,  the company’s strategy to venture into Bangla market is a well thought out expansion strategy.

    “I think it’s a step in the right direction because we think that there is a lot of potential there. It is a market where there is not much of TRPs available for trading and there are 2 well-entrenched competitors. And I think that our content strategy also has been very well thought. All those series have been very well made, slickly made. But it will take some time. Rome wasn’t built in a day. And so we are doing all the right things. And I’m sure we will see an uptick pretty soon,” Narayan explained.

    “I don’t think we can sit back and say that we shouldn’t have done this. We’ve actually applied a lot of thought and we identified that this is the place to go because to go into the regular Hindi market would have called for enormous amounts of capital. So even assuming but not admitting at some stage this [Sun Bangla] turns out to be a damp squib, it is not something that will wreck the balance sheet of Sun TV,” Narayanan added.