Category: Music and Youth

  • Zing sings a new tune

    Zing sings a new tune

    MUMBAI: Zing, the music channel from Zee Entertainment, has undergone a complete change in look and strategy for the fourth time starting 1 April, since its inception in 1997.

     
    With the new rebranding, the channel aims to strengthen its position in the 15-24 year olds by adding fresh music and new fiction content to the current programming. The new positioning is targeted at strengthening Zing’s position in the minds of the youth.

     

    The channel was revamped earlier as Zee Muzic and Music Asia. However, explaining the rationale behind the new positioning, ZEE Niche Channels EVP & business head Anurag Bedi said, “Today’s youth believe in living out loud. They believe in carving their own niche and learning from their own experiences instead of relying on others. They would rather make their own mistake and learn from that than not follow their heart. This is exactly what we would like to reiterate through our positioning. We want them to live with a zing, to live ‘ekdum’ awesome!”

     

    In terms on content, Zing now plans to venture into the space of fiction shows. According to the statement released earlier, these shows are set to epitomise the spirit and lifestyle of the youth across the country. The first show will be launched in the month of May and will be in line with the channel’s new positioning. An hourly block of content will be created, which will be increased as the year progresses. Apart from that, a refreshed library of Bollywood music will be interspersed with the existing programming.

     
    The channel has also tied up with the film 2 States and has roped in the lead pair Alia Bhatt & Arjun Kapoor for a promotional video.  The channel, with its all new avatar and promising new fiction shows will keep the youth hooked and wanting more.

  • Channel V to strengthen its weekday programming

    Channel V to strengthen its weekday programming

    MUMBAI: Channel V India is gearing up for increasing the entertainment quotient for its viewers. The youth entertainment channel will launch two new shows that are short, season-based, and according to them, in sync with the attitude of today’s youth.

     

    Jhalli Anjali Ke Tootey Dil Ki Amazing Story will go on air on 28 April, while the other show Yeh Jawani Ta Ra Ri Ri will hit the TV screens from 30 April. Stemming from the success of the first season in its daily format, season 2 of The Buddy Project will also go on air as a bi-weekly show, in April with a fresh story line.

     

    While Jhalli Anjali Ke Tootey Dil Ki Amazing Story takes the audience to Anjali’s healing and self-discovery journey after her first breakup, Yeh Jawani Ta Ra Ri Ri, is the story of coming-of-age of three brothers and their relationship as they face new realities of life. Both shows have been designed with Channel V’s focus on the country’s youth, and a new brand thought that, “What feels so right, can’t be wrong.”

     

    “We are excited about the new innings at Channel V India, which has been born out of extensive research of our audience. Our viewers today have a shorter attention span, and they like experimenting and sampling a variety of new shows. Hence the new shows would be shorter, season-based ones, and we are excited about the disruptive attempt at scheduling, by airing the new shows as bi-weeklies,” said Channel V India, GM & channel head, Prem Kamath.

     

    According to a statement released by the channel, “Channel V India reaches 16 million viewers. It is present across youth touch points on air, online, ground and mobile. It has a ground presence of 3 million participants with its ground property ‘Channel V India Youth Fest’. It reaches to 1.1 million youngsters with its VithU mobile app, while it reaches out to more than 5 million fans on the digital platform.”

     

    Jhalli Anjali Ke Tootey Dil Ki Amazing Story will be aired on Mondays and Tuesdays at 5.30pm, while Yeh Jawani Ta Ra Ri Ri will be aired every Wednesday and Thursday, at 5.30pm. The channel is surely looking at strengthening its weekday evening slot with the two new shows.  

  • Zee launches its new music label ‘Zee Music Company’

    Zee launches its new music label ‘Zee Music Company’

    MUMBAI: In a country where music is a part of everyday life, music labels have seen a tremendous growth over the years.

     

     And to give a tough competition to the existing ones, Zee Entertainment Enterprises (Zee) has announced its foray into the music label space with its latest venture, Zee Music Company (ZMC).

     

    The ZMC has plans to acquire the music rights of over 20 major motion pictures in the financial year 2014-15.

     

    Introducing the label, Zee managing director and CEO Punit Goenka exults: “Zee has always been a leader in the media and entertainment space, be it films or television, and branching out into the music label space gives us an opportunity to widen our business. The music industry is a large playing field and there is scope for us to explore the opportunity in this market. Technology has also emerged as a key transformer of the music industry and digital revenues are driving growth in the market. Since we are a content company, it is essential to own intellectual property as content is the king.”

     

    The music industry in India currently stands at a staggering figure of Rs 960 crore and projected figures for 2014 is Rs 1,010 crores. The industry is expected to only grow over the years and reach Rs 1,780 crore in 2018.

     

    ZMC business head and EVP Anurag Bedi, believes that ZMC will be a valuable addition to the business. He stated: “It’s a great space to be in, as music is something that is consumed universally. The Hindi film industry is currently in its best phase musically and there is a plethora of talent. We had been toying with this idea and finally we have entered this space.”

     

    Talking about the acquisitions, Bedi says, “We are thrilled at having acquired the rights to the music of the Akshay Kumar-Sonakshi Sinha starrer ‘Holiday’ which is jointly produced by Reliance Big Entertainment, Sunshine Pictures and Hari Om Entertainment Company.”

     

    Bedi further adds, “We have also partnered with Fox Star Studios and signed the latter for the music of five of its Hindi releases for the year, including the Saif Ali Khan and Riteish Deshmukh starrer ‘Humshakals’, Hrithik Roshan and Katrina Kaif starrer ‘Bang Bang’ and one of the most anticipated releases of the year ‘Bombay Velvet’ starring Ranbir Kapoor and Anushka Sharma.”

     

    Future partnerships of ZMC include the big players; Dharma Productions, Excel Entertainment and other top studios.

  • 9X Jhakaas to foray into reality space with ‘Heroine’

    9X Jhakaas to foray into reality space with ‘Heroine’

    MUMBAI: 9X Jhakaas, in collaboration with Video Palace, a leading production house that has created Marathi blockbusters like Duniyadari and Hee Porgi Konachi, is all set to premiere Lux Jhakaas Heroine, a grooming reality series that will mark the channel’s foray into the reality space.

     

    Lux Jhakaas Heroine, which has been in the making for the past two months, will see the winner getting an opportunity to play the lead in Mitwaa, an upcoming Marathi film starring Swapnil Joshi (Fu Bai Fu) and Sonalee Kulkarni (Natrang). The film is produced by Meenakshi Sagar Productions and Nanubhai Jaisinghani of Video Palace, and directed bySwapna Waghmare-Joshi (Damadamm).

     

    “We want to bring the youth back in the theatres! The Marathi entertainment industry has created a niche of its own, with a dedicated viewership and growing popularity. There is new talent coming in, and this is the new talent that the country needs,” says 9X Media Group EVP and content head Amar Tidke “We are a regional channel, and a regional channel will do what the region wants; widen the reach of our audience as much as we can. And since we are a music channel, music will play an extremely significant role in Lux Jhakaas Heroine. We will not deviate from music.”

     

    Registrations for Lux Jhakaas Heroine have begun and will be on till 26 March, 2014. Those interested can also register by auditioning on digital platforms. Of the entries received, 60 will be shortlisted and finally pared down to 30 contestants, who will undergo training and grooming before an eminent jury selects the Jhakaas Heroine from among them. Within ten days of announcing the winner, she will start shooting for Mitwaa.

     

    The channel is betting big on the upcoming show which is being promoted extensively across print, radio and digital platforms. Promos are being played in Big Cinemas and UFO screens across Maharashtra. 9X Jhakaas is also promoting the talent hunt across colleges, housing societies and CCD outlets in the state. A brand integration with Radio City is part of the marketing strategy.

     

    “If Heroine is as successful as we are confident it will be, we will consider venturing into similar formats in the near future,” concludes Tidke.

  • Channel V gets bigger, better, post refresh

    Channel V gets bigger, better, post refresh

    MUMBAI: “As politically incorrect as it sounds, may we just say we’re kicked,” says Channel V EVP and general manager Prem Kamath

     

    In an interview with indiantelevision.com, Kamath expresses happiness at the way things have shaped up for the channel after its two big refreshes.

     

    The first happened in July 2012, when Channel V repositioned itself as a youth general entertainment channel with a focus on reality.

     

    The second, on 25 November, 2013, when it came up with a cool new logo, a tagline ‘Correct Hai’ and four new shows i.e. Paanch: Don’t Get Mad Get Even, It’s Complicated, Confessions of an Indian Teenager (finite) and Sadaa Haq (daily).

     

    “The response has been huge, both in terms of viewership and what we have managed to achieve in the market. Specifically in terms of numbers, after the last refresh, we have seen 52 per cent growth, that too within three weeks of it, which is unprecedented within the category in my mind,” he says.

     

    Channel V is now a good 40-50 per cent bigger than its nearest competitor, courtesy breakout hits like Sadaa Haq and Paanch. Within a week of launching these shows, the channel witnessed 14.3 TVM vis-a-vis Bindaas’s 11.1 TVM and MTV’s 8.5 TVM, going by TAM week 48 ratings. It recorded a 42 per cent growth in just one week.

     

    With increased ratings came advertisers. “Yes, more than the sheer number of advertisers, I think, for channels like us, where revenues are directly linked to ratings as we have a lot of clients on CPRP deals, a jump in ratings almost immediately results in an upswing in monetization as well,” says Kamath.

     

    This included advertisers targeting a slightly older age group. “So, even advertisers targeting a slightly older age group started coming on board in a significant departure from earlier times,” he says.

     

    Unlike other TV channels which divide content into weekdays and weekends with weekdays focussing on dailies and weekends on one or two episodes, Channel V took a very different approach and started doing bi-weeklies.

     

    “We understood clearly that given the nature of the audience and their viewing habits, this group of viewers tends to be fickle and gets bored rather quickly. It is not interested in watching the same story drawn out over a period of one year or two and a half years which is what dailies typically do,” Kamath goes on to explain.

     

    So, three of the four new shows were bi-weeklies, running for two episodes a week and for a finite period. From the beginning, they were conceptualized as shows with 52 episodes that would run for 26 weeks, period. The entire script too was fleshed out before taking the first shot.

     

    “This innovation and scheduling has worked tremendously for us. Paanch has been a breakout hit. Sadaa Haq has been a daily format, but again within the daily format, we were clear that it is a one-year story line and it begins and concludes within a year and within a year, you will see Sadaa Haq being replaced as well,” he says.

     

    In week 2-5, Channel V reported an average 12,640 TVTs compared to Bindaas’s 8,946 TVTs and MTV’s 6,367 TVTs. In week 6 of TAM ratings, Channel V scored 2,691 TVTs, whereas Bindaas got 1,321 TVTs and MTV stood at 1,216 TVTs. “It’s been Channel V vs. Channel V, what with MTV and Bindaas less than half the break TVT ratings,” says Kamath.

     

    What’s more, Channel V was in the lead with audiences in the age group of 15 to 34 years in week 8 of TAM ratings (Channel V 17,738 TVTs; Bindaas 13,535 TVTs; MTV 10,194 TVTs and 9XM 8,657 TVTs).

     

    According to Kamath, bi-weeklies have multiple advantages. “They let us tap into producers who would have otherwise not come on television. Because it is finite project, people are willing to come on-board because it does not take up their entire lives, which a daily tends to do,” he says, adding the ability to experiment with more concepts and genres as another advantage.

     

    Paanch is a taut revenge thriller which we won’t be able to pull off on a daily basis and continuously. It has multiple advantages and lets us tap into newer concepts and newer genres as well as newer talent, which is why it is working well for us.”

     

    Bi-weeklies have worked so well for the channel that ironically, the feedback has been to make them dailies. “Unfortunately, we can’t,” asserts Kamath. “The nature of the show is such that it is not possible for us to produce this quality of content, with this quality of writing and this pace of narration if it becomes a daily. And then, there will always be a compromise we will have to make.”

     

    Road ahead

    Once Confessions of the Indian Teenager ends, it will be replaced with another bi-weekly drama. In April, the channel plans to launch two more shows, but Kamath refused to divulge details.

     

    “It is a little early to talk about these shows, but within a couple of weeks’ time, we will be in a position to talk about them. But around the first or second week of April, you will see two new shows being launched,” he says.

     

    Going forward, the channel is planning on creating something called E-IndiaFest, reason being IndiaFest zonals usually start around November and conclude by Jan or Feb leaving nothing on the plate between February and November.

     

    “There is a set of things we are planning which people can compete in but can do online. Because we have so far been operating on formats which are essentially dailies, the season break never tends to happen. These are continuous shows that are run aground once ratings stop. But it is something that we now have the option of doing. So with Paanch for example, we are already beginning to script the second season,” he explains.

     

    There are plans to air the second season of the show, a year later or maybe earlier, depending on how it is scheduled.

     

    “For us, it is the process of continuously adding programming. At present, the channel produces four slots a day and plans to add more in the coming months. Towards the end of May, you might see us opening a fifth slot. Getting it into the next fiscal, the plan is to add more slots to it,” he reveals.

     

    “We are clear that the direction we are going in is fairly stronger and the kind of traction we have got is huge. But we also know that probably in order for us to really break out in the larger leagues and for us to become a full-fledged GEC in our own right, we will need much higher levels of the show programming. That is the process we have consciously undertaken, one step at a time. So, even when we re-launched three years back, we started with one show a week and the channel has slowly built up from there to the point that it is today,” Kamath signs off.

  • Pepsi MTV Indies to reach the audiences by 15 March: Aditya Swamy

    Pepsi MTV Indies to reach the audiences by 15 March: Aditya Swamy

    MUMBAI: It’s set to change the indie scene in India. The announcement of the launch of the ambitious indie channel – Pepsi MTV Indies from the Viacom 18 group was made amid much fanfare last month. However, the launch date was kept a secret. Now, MTV India EVP & Business Head Aditya Swamy reveals that the channel may go on air pretty soon.

     

    On the sidelines of the launch of MTV Films on Saturday, Swamy revealed: “The test run for Pepsi MTV Indies started on Monday, 3 March and will continue for the next two weeks.”

     

    Continuing further, he said that in all probability the channel should reach the audiences by the weekend starting 15 March.

     

    The feed for the channel is being beamed off from the satellite Measat 3. Swamy informs that all the operators are on board for the distribution of the channel. However, he didn’t reveal the pricing of the channel.

     

    Talking about the content, Swamy stated that there are plans to use Pepsi MTV Indies as platform to discover independent artists, find their unique sounds, their independent music and their expose it to the mainstream audience of MTV. “For example, you will find Vishal Dadlani’s Pentagram on Pepsi MTV Indies, but the music of Vishal-Shekhar will be on MTV. Similarly, you will find The Raghu Dixit Project on Pepsi MTV Indies, but you’ll hear the compositions of Raghu Dixit for Bewakoofiyaan on MTV,” he said.

     

  • MTV and HUL launch ‘MTV Films’

    MTV and HUL launch ‘MTV Films’

    MUMBAI: In a first of its kind collaboration, MTV India, the leading youth entertainment brand and Hindustan Unilever Limited, India’s largest Fast Moving Consumer Goods Company are coming together for the launch of MTV Films.

     

    MTV Films, a unique initiative, will present six original films by six young, cutting edge and cult directors of new age Bollywood –  Anurag Basu, Anurag Kashyap, Rohan Sippy, Nikhil Advani, Abhinay Deo and Shoojit Sircar, each a stalwart in his own right. Starting March 23, 2014 at 7 PM one director’s movie will be showcased each month for six months which will be inspired by the philosophies of different HUL brands such as Sunsilk, Tresemme, Ponds, Lakme and Close Up amongst others. Through each movie, the iconic directors will portray the take of today’s youth on age old topics of love, family, friendship, relationships and ambitions in an hour long entertaining story.

     

    Speaking about this initiative, Aditya Swamy, EVP and Business Head of MTV, said, “Content is the No1. social currency of today and that makes it the most powerful medium to connect with consumers. Our partnership with HUL reflects the thought leadership both partners bring to the media and marketing world. Getting six superstar directors to create wonderful stories for brands is a coup and we are excited to launch a brand new franchise with MTV FILMS.”

     

    Hemant Bakshi, Executive Director, Home & Personal Care, HUL, said, “HUL firmly believes in pioneering and creating newer ways of engaging consumers by leveraging popular culture. With the launch of MTV Films, we will re-define the way in which brands tell their stories to consumers. This initiative will focus on communicating brand purpose and we are confident that it will resonate with our audience and build brand love.”

     

    Ravi Rao, Leader – South Asia, Mindshare, “Mindshare has been instrumental in raising the bar and pioneering Innovations for Unilever through its strategic partnerships and alliances. This is a yet another initiative for Unilever that will usher in a new era in innovation which will set the template for ‘best practices’ in the region. We are very proud of this initiative that we have driven with MTV and we look forward to scaling up the model year on year.”

     

    Amin Lakhani Leader-South Asia, Team Unilever, “Converting India’s passion points into key communication opportunities is our endeavour and a challenge we thrive on. Story telling is the new mantra to connect with our consumers, something that we have done over the years with much success. This initiative is the new benchmark not just from the uniqueness of the concept, but ably complimented with scale and execution. Moving away from branded placement, into branded content in its most pristine form with this initiative, is something we are very proud of.”

     

    This distinctive collaboration goes ‘beyond television’ platform with multiple touch-points like mobile, online and radio to engage the consumers.

     

    So gear up to see a unique film every month from March 23, 2014 at 7 PM kick-starting with Anurag Basu’s film, ‘REAL FM’ only on your favourite youth entertainment channel, MTV

  • 9X Jalwa presents Fatafat Films

    9X Jalwa presents Fatafat Films

    MUMBAI: 9X Jalwa, the all time hit Bollywood music channel from 9X Media Pvt. Ltd, is launching a unique show called Fatafat Films, starting 8th March 2014 at 8 pm. Fatafat Films will showcase the all time Bollywood hit films in 6-7 mins capturing all the high points of the movie along with some of its popular songs.

    Each episode of the short format based show Fatafat Films will comprise of three Bollywood blockbusters rolled into a single well packaged episode. The films showcased on the show will be clubbed together based on the year of their release. The first few episodes of Fatafat Films will showcase the all time Bollywood hits such as Aradhana, Abhimaan, Guide, Yaadon Ki Baaraat, Saajan and Hare Rama Hare Krishna amongst others.  

    Speaking of Fatafat Films, Mr. Imtiaz Baghdadi, Programming Head – 9X Jalwa said “Today everything around us is going on a super fast track and even the audiences want something that they can enjoy but without spending too much time. Fatafat films- Bada Filmi  Dhamaka ab Chote Size Mein is yet another innovation in the music space from 9X Jalwa. The movies featured on this show have the best music of the era. With Fatafat Films we ensure that the Bollywood movie buffs not only enjoy three blockbuster movies in one episode but also make sure that they will relish the all time hit music too.”

    Fatafat films will be promoted across social media and digital platforms.

    Watch out for Fatafat Films only on 9X Jalwa every Saturday at 8pm and repeat telecast on Sunday 8pm.

     

  • 9XM reaches 5 million Facebook likes

    9XM reaches 5 million Facebook likes

    MUMBAI: It has been seven years since 9XM launched in India. Owned by 9X Media, the flagship channel is dedicated to the latest in Bollywood music and has proved its place in its audiences’ hearts. This is clearly evident in the 5 million likes it has managed to garner on Facebook.

     

    According to Vibha Gosher, Sr. Vice President – Digital, 9X Media, the company started using social media with its Hindi Music Channel 9XM when it joined Facebook in January 2009 but had little activity or traction till December 2010. From December 2010, 9XM shifted focus to build this community.

     

    “We attribute the growth of numbers solely to the content created for the platform. We have constantly strived to keep innovating on the properties and changed strategy from time to time to keep the audience engaged and interested. We get an average of 800 shares per post, per day”, says Gosher when asked about the traction received by the Facebook fans.

     

    Approximately 8-9% of 9XM’s total fan base is talking about brand 9XM on a daily basis. 9X Media, India’s largest music television network, interacts with around 15 million plus audience on the digital platform. Our digital eco system focuses on conversations and not the numbers alone.

     

    Some of the best marketing campaigns 9XM made used of was, on Valentine’s day, the channel released the “Sanskaari Valentine’s Day” video with Alok Nath, created memes, imagery and textual jokes which were distributed across digital platforms. Immediately after Sanskaari Valentine’s Day, the channel released Bade Chote’s rap with Yo Yo Honey Singh, “Bakwaaspan”. This was amplified with 100s of memes and imagery on Facebook, Twitter and other platforms. 9XM had started the year with “Tung Tucking Ting”, on World Music Day has generated a lot of buzz due to its catchy tune and digital amplification. Their weekly countdown, “9XMTop9”, is derived from votes from Facebook and Twitter. The activity has trended multiple times on Twitter. Our On-air property 9XM likes features songs and comments from 9XM fans on Facebook.

     

    Over the past few years, 9XM’s strength on Digital platform has grown many folds. On Facebook, 9XM had 5 lakh Likes and now they have over 5 Million. On Youtube, the channel’s video views per day used to be around 4K but now they see 1 lakh of views every day.

     

    “All the channel’s animated characters were popular only with the TV audience but now they have an extended life and longer shelf life in form of games n applications and VOD on various platforms. All of 9XM’s characters are ageless, irreverent and cut across cultures and geographies. The list is long but it depends on you what you call it – Growth or just a beginning”, continues Gosher.

     

    To keep the fans continuously engaged, 9XM uses various interactive methods like: Pictorial News, Fashion Ki Class, What The Farak, X or Y – Faceoff between stars, Pehchaan Kaun, Best Of, Birthday Wishes, New Content promotions.

  • Music genre to lose 15-20% inventory due to ad cap

    Music genre to lose 15-20% inventory due to ad cap

    MUMBAI: Sony MAX and Sony MIX executive vice president and business head Neeraj Vyas was the Guest Editor of the Day at Indiantelevision.com today. In his role as a journalist, Vyas interviewed Sony MIX’s senior VP sales Mayar Penkar on music broadcasting as a genre and its potential.

     

    Penkar feels the 12-minute per hour cap on advertisements would force music channels like 9XM and Masti to change their programming for the better.

     

    He says the music genre does not get what it deserves in terms of ad rates because of the way these channels have been positioned so far.

     

    Following are the excerpts from the interview:

     

    From the sales point of view, what do you think is the perception of the genre in the trade and what is the perception of MIX in the same subset?

     

    I completely believe that, music as a genre, and when I am saying music, I am talking about pure play music channels that are actually today looked upon as supplementaries or value addition to a media plan which is looking at Hindi speaking markets largely driven by the GEC (general entertainment channel) and Hindi movie channels. Today, it is being bought as a frequency buy. The reason for that are the broadcasters themselves for the way they have positioned the channel and the genre as more of a frequency buy channel and not as something which can actually deliver far more better results in audience targeting.

     

    How can music be the vehicle for better audience targeting?

     

    One of the biggest consumers of the music today is the youth. Be it on television, on mobile or any other digital platform and these are very important subset for most of the brands to actually be a part of the media plan or be a part of their marketing objectives. The broadcasters will actually have to make music channels far more relevant and important in the minds of clients than just the media sellers or media buyers. Till such time the client does not perceive music channels as a core genre for their media requirements or for their marketing requirements, they will continue to look the channel from a little downward point of view and not really from the mainland point of view. It will never be seen as the critical part of the media plan till such time the broadcasters take upon themselves to make it a relevant point with clients that this channel has lot of potential reaching out to the TG of 15-24 which is 60-70 per cent of today’s India youth.

     

    So what are you trying to say is that education has not happened. It is being treated like a commodity and sold like a commodity and hence the core values of the channel will never be exposed to the end buyer?

     

    Never! So coming back to MIX, the channel has made an effort to stand out in terms of its positioning, compared to what the other pure play music channels are. There is not so much differentiation that can be brought on to the content part. The role MIX has played by setting up the mood for the viewer with the segmentation of the music being played across the day has actually become far more acceptable to the viewer.

     

    Why is MIX perceived to be a favourite among the music fraternity?

     

    The kind of support MIX has got from the industry itself in terms of talent coming on to MIX and showcasing as to what their viewpoints on music are, has actually brought in a large amount of differentiation as far as MIX is concerned. Be it in terms of MIX voices, MIX Solos, MIX Gigs that we have done and TV’s first radio show. We brought radio live on television and I think that deserves a big applaud as far as MIX programming is concerned for having done something which is breakthrough in the space of music. Going forward things like this will only create that positive perception in the minds of clients that music can actually be looked upon as a proposition which is far more targeting and not anymore random and not just a commodity. So I guess MIX is playing that role, but is a fairly new channel in the space.

     

    Coming back to the critical reality of getting a fair share of revenues, do you think the genre per say gets its fair share of revenues?

     

    No product which is sold as a commodity will ever get its fair price. Today, my sense is that the entire genre is at least down by 50 per cent from the revenue point of view. The reason being, I think the way most of the broadcasters in the music space were operating was not very clear as to the setting up of the right benchmarks. Most importantly, in the pure play music channel, there were no strong networks involved in the business of pure play music.

     

    The first strongest network that was involved in pure play music was Sony and that was one of the last ones to enter. So when you look at channels like 9XM, 9X Jalwa, Masti or Mtunes, the whole survivor model for them is to actually somehow get the money. The survival model for them is to actually not look at creating brand assets or creating a proposition which can for a long term be monetised.

     

    What’s wrong in the music genre?

     

    When you have quarterly profitability into play, you have gone ahead and aired 30 minutes of the advertising time in an hour. In a scenario where you should have actually consolidated as a category and as a genre to help raise the benchmark of the music space, the sheer fear that you may lose out that little bit of revenue has prevented creation of a fair pricing model. It would have helped the category on the long-term basis and would have made the category even more stronger as far as revenue potentials are concerned.

     

    How will the 12-minute per hour ad cap impact?

     

    As far as MIX is concerned, we are clearly awaiting the ad-cap regulation to happen. Once that ad-cap regulation happens, there will be a level playing field. Also there would be approximately six and half to seven and half lakh seconds which will clearly get vanished from the current music genre space. Once the level playing field is set, the market will suddenly realise the importance of music space with close to 15-20 per cent of the inventory getting vanished overnight.

     

    People will start looking at this genre with a little more respect and I think that respect will come with a little bit of regulation and with a little bit of effort that each broadcaster will actually bring in to put on to the table when they are making their pricing models or pricing strategies.

     

    I guess this channel will move. The music category according to me is in the same phase as the Hindi movie channels were in 2002 — bought for frequency and not really for the content and the value that they want to bring on to the table. Hindi movie channels have actually moved a distance in the past 10 years. Music will move in a similar fashion.

     

    But provided every broadcaster chips in…?

     

    I don’t think there is a choice. Once they are down by 20-25 per cent of their inventory, nobody will have a choice but to actually re-look at their rates and by then if you have to go back to an advertiser asking for a rate hike, the first thing the advertiser will start looking at is the differentiation on the programming, content and quality of the channel if he has to start paying you a rate hike. Gone will be the days when broadcasters could accept commercials after commercials just because they could expand the time. So when the time restriction comes in, people will start looking at the product. I guess MIX in that point of time will be a clear winner as far as being looked upon as a much more valued product than just a commodity product.

     

    So giving these realities and given the fact that ad-cap is a likely reality for the entire genre, what do you think is the growth prospect?

     

    To look at it in a two-year horizon, the growth would be anywhere between 25-30 per cent. But if you look at it coming from the next fiscal which is going to be March- April next year, most of the people according to me are actually not ready for creating a strategy on how will they tackle the  rate growth. Reason being, most of these channels like 9XM or Masti used to enjoy clear dominance in terms of leadership 13 weeks prior to today. Even in a commodity model, they had established price points for themselves.

     

    For them after April, life will become a more real scenario where they are number two and three players by a distance, in the sense of 25-30 per cent distance, with number one being MIX. And then to work at price points which will be much higher than currently what they were operating with or what they were enjoying as leaders is going to be a difficult task.

     

    For them or for clients to start giving them higher rate hikes immediately, I don’t see that happening. We may see price point corrections happening but the category may just remain flat only because of lesser inventory and more or less securing the same level of revenue growth. But next year, this genre will actually become a very important channel. The genre will get its share price or share due in the next two years to come.