Category: Viewership

  • Eros Media to raise fund, board approves issue of 22.5 crore equity shares

    Eros Media to raise fund, board approves issue of 22.5 crore equity shares

    Mumbai: Eros International Media has announced its plans to raise funds, a change directorate and management on Thursday. Kishore Lulla resigned as the executive director of the company.

    The company’s board of directors approved an increase in the authorised share capital of the company from Rs 125 crore divided into 12.5 crore equity shares of Rs 10 each to Rs 350 crore divided into 35 crore equity shares of Rs 10 each by creation of additional 22.5 crore equity shares of face value of Rs 10 each ranking pari passu (same rate) in all respects with the existing equity shares of the company.  

    The board also approved the issue of up to Rs 13.5 crore convertible warrants for Rs 30 per warrant with a right to the warrant holders to apply for and be allotted one equity share of face value Rs 10 each of the company at a premium of Rs 20 per equity share for each warrant within 18 months from the date of allotment of warrants, for an amount up to Rs 405 crore for cash and in such form and manner and under Chapter V of the Securities and Exchange Board of India (SEBI), subject to the approval of members of the company and such regulatory/statutory authorities as may be applicable.

    The board appointed Vijay Jayantilal Thaker as an additional director of the company subject to shareholder approval in the ensuing annual general meeting. Thaker resigned from the role of the chief financial officer of the company.

    The company announced the appointment of Rajesh Chalke as chief financial officer.

    In April, the company had announced several additions to the board including the appointment of Rishika Lulla Singh as executive chairperson, Pradeep Dwivedi as new CEO and Rajesh Chalke as chief financial officer. It also changed the corporate name of the entity listed on New York Stock Exchange from ErosSTX Global to Eros Media World Plc after completing the previously announced sale of STX subsidiary. 

  • Barc week 19: Sun TV maintains lead in all India market

    Barc week 19: Sun TV maintains lead in all India market

    Mumbai: Broadcast Audience Research Council (Barc) India has released currency data for week 19 (from 7 to 13 May). As per data for All India 2+ target group, Sun TV is the most watched channel in India with average minute audience (AMA) of 2373.16 (000). It was followed by Star Maa at 2240.67 (000) AMA, Star Plus at 2141.56 (000) AMA, Star Sports at 2052.06 (000) AMA and Goldmines at 2005.9 (000) AMA.

    Average minute audience is defined as the number of individuals of a target audience who viewed a televised ‘event,’ averaged across minutes.

    In the Hindi-speaking market (HSM), Star Plus emerged as the most watched channel at 2083.32 (000) AMA followed by Star Sports 1 Hindi at 2014.86 (000) AMA, Goldmines at 1982.55 (000) AMA, Dangal at 1659.6 (000) AMA and Sony SAB at 1567.11 (000) AMA.

    In the South market, Sun TV was the most watched channel at 2362.58 (000) AMA, followed by Star Maa at 2200.06 (000) AMA, Star Vijay at 1574.22 (000) AMA, Zee Kannada at 1330.37 (000) AMA, Zee Telugu at 1328.76 (000) AMA.

    In the Maharashtra/Goa market, Star Pravah was the most watch channel at 1307.16 (000) AMA, followed by Star Sports 1 Hindi at 552.39 (000) AMA, Zee Marathi, Sony SAB and Colors Marathi.

    In the West Bengal market, Star Jalsha was the most watched channel with 1070.0 (000) AMA followed by Zee Bangla at 753.39 (000) AMA, Star Sports 1 Hindi, Jalsha Movies and Sony Aath.

    In the megacities market including Mumbai, New Delhi, Kolkata, Bengaluru, Chennai, Sun TV was the most watched channel at 427.39 (000) AMA followed by Star Plus, Star Sports 1 Hindi, Star Vijay and Colors.

    (All data is for 2+ audiences)

  • Bala Iyengar appointed as chief strategy officer at Dangal TV

    Bala Iyengar appointed as chief strategy officer at Dangal TV

    Mumbai: Bala Iyengar has joined Enterr10 Television Network as chief strategy officer for their Hindi general entertainment channel Dangal TV. He announced the same on LinkedIn.

    Iyengar was previously the chief operating officer at Helios Media, a speciality services company for the broadcast sector. He was associated with the company for over a decade. He has had stints at Zoom Entertainment Network, MTV India, Star India and Sony Entertainment Television.

    Iyengar has been in the TV broadcast industry for over two decades.

  • Warren Buffet’s Berkshire Hathaway acquires stake in Paramount Global

    Warren Buffet’s Berkshire Hathaway acquires stake in Paramount Global

    Mumbai: Warren Buffet’s Berkshire Hathaway has invested $2.6 billion in Paramount Global in the first quarter of 2022, as per a Securities and Exchange Commission filing that disclosed the quarterly stock trading activity of his Berkshire Hathaway holding company.

    On Monday, Paramount Global’s total market cap stood at $18.3 billion meaning Buffet’s stake in the company amounts to 15 per cent. As per a Variety report, Berkshire Hathaway purchased Class B shares whose owners do not have the same voting rights as Class A share owners largely held by National Amusements Inc, the holding company promoted by Shari Redstone.

    Paramount Global owns and operates the streaming service Paramount+ that competes with the streaming services of Netflix, Amazon, Disney, Warner Bros. Discovery, NBCUniversal, Apple and more. It also owns CBS, Comedy Central, MTV, Nickelodeon and Showtime.

    As chairman and CEO of Berkshire Hathaway, Buffet has gained a reputation as a value investor over his career. He is known for picking shares in companies that he believes are undervalued or misunderstood by the markets. He has been an on and off shareholder in Paramount Global’s predecessor Viacom. 

  • Abhijay Prakash joins Blumhouse as president

    Abhijay Prakash joins Blumhouse as president

    The former studio executive, Abhijay Prakash has been named the new president of Jason Blum’s Blumhouse, an American television and production company, according to a news report. He will oversee all business aspects of the production house and will be succeeding veteran executive Charles Layton. 

    Layton will become vice-chairman of Blumhouse and stay on for two years in a strategic and advisory role. 

    Prakash served Universal Filmed Entertainment Group as president. Earlier, he was the chief operating officer at Focus Features and then DreamWorks Animation.

    “From my vantage point at Universal over the years, it was clear that nobody else in the business was as adept at figuring out how to create value from the content as the Blumhouse team,” Prakash said in a statement.

    Speaking on the new development, Layton said, “We are thrilled because it felt like the stars aligned for Abhijay to join us at a time when I was ready to pull back from the day to day and yet remain active, part-time as vice-chairman.”

    Blumhouse is expected to release five movies in 2022. “The Black Phone” from director Scott Derrickson, “Halloween Ends”, BJ Novak’s directorial debut, “Vengeance” and “DASHCAM”.

    On the TV front, Blumhouse produced shows such as NBC’s The Thing About Pam, starring Renee Zellweger, the documentary Our Father and Netflix’s Worst Roommate Ever.

  • Shemaroo’s digital business contributes 48 per cent to FY22 revenue

    Shemaroo’s digital business contributes 48 per cent to FY22 revenue

    Mumbai: Shemaroo Entertainment posted its financial results for the fourth quarter and financial year ended on 31 March. The company’s digital business contribution has grown from less than 10 per cent in FY14 to 48 per cent in FY22. This includes revenues from its OTT platform ShemarooMe and its content distribution agreements with telcos and OTT players.

    For the fourth quarter, the company posted Rs 936 million in revenue from operations and Rs 20 million net profit. The company reported 465 million in revenue from its digital media business registering 25.9 per cent growth year on year (YoY). It earned Rs 471 million from its traditional media business, a growth of 15.7 per cent.

    The company posted revenue of Rs 3814 million and profit after tax of 53 million for the financial year 2021-22. Its digital media revenues stood at Rs 1814 million which grew by 21.4 per cent year-on-year. It earned Rs 2000 million from traditional media which grew by 23.7 per cent year-on-year.

    Shemaroo Entertainment launched its third satellite free-to-air channel named ‘Shemaroo Umang’ in April. The company also released 15 new titles during the quarter with content across movies, web series and plays on its OTT platform ShemarooMe.

  • ZEE5 announces RRR OTT premier in regional languages

    ZEE5 announces RRR OTT premier in regional languages

    After registering a tremendous success on theatrical release, RRR is all set to hit the OTT screens. On the eve of superstar NTR’s birthday, ZEE5 has announced the release of the blockbuster movie ‘RRR’ on ZEE5 on 20 May 2022. Expanding its TVOD portfolio, ZEE5 is set to launch the movie in multiple regional languages Tamil Telugu Kannada Malayalam with English subtitle across the globe in TVOD.

    According to the trade reports, the film remains at the top of box office charts with Rs 1100+ Cr box office collection worldwide.

    RRR- Rise Roar Revolt is based on the journey of two legendary revolutionaries depicting fire and water far away from their homeland. The superlative performance by Young Tiger Jr NTR and Mega Star Ram Charan has captivated audiences’ minds across geographies making it a landmark movie in Indian film industry.

    The film, directed by SS Rajamouli and produced by D. V. V. Danayya of DVV Entertainment, featuring Jr. NTR, Ram Charan & Alia Bhatt in the lead characters, had its worldwide theatrical release on 25 March, 2022. The film went on to become a national rage and a milestone in the southern entertainment industry; clocking a roaring success at the box office, and is now set to be released on ZEE5 for viewers across the globe to watch in their preferred language with English subtitles.

    Commenting on the announcement, ZEE5 chief business officer Manish Kalra said, “We are happy to bring RRR for our audiences in multiple languages, enabling them to consume in their preferred format. At ZEE5 the focus has always been to democratise content, making it accessible and economical for the larger audience. We have invested in building a diverse and strong portfolio for TVOD, in line with our plans to enhance in-home entertainment experiences. We are excited to see the response for the most celebrated movie of 2022.”

    Pen Studios’ CMD Jayantilal Gada said, “We are happy to associate with ZEE5, and proud that Pen Studios is instrumental in enhancing the reach of S.S. Rajamouli Ji’s RRR, which is one of the finest films and the pride of Indian cinema. RRR will now be available in four south Indian languages Telugu, Tamil, Malayalam and Kannada to its viewers in TVOD format from 20 May.”

  • Colors Tamil to telecast classic serials on 16 May

    Colors Tamil to telecast classic serials on 16 May

    Mumbai: Colors Tamil is all set to launch two hit shows – Kolangal and Thendral, starting this 16 May 2022. The channel will telecast the shows from 1-2 pm and 2-3 pm respectively.

    Commenting on the occasion, Colors Tamil Business Head Rajaraman S said, “Colors Tamil has always believed in showcasing narratives that revolve around strong female characters and celebrate women and their families. We are extremely elated to bring back two iconic shows on television screens – Kolangal and Thendral. These two shows have always been the all-time favourite of audiences across the state. With it being telecast on our channel, the fanfare will continue, undoubtedly. Furthermore, with most women taking a much-needed break in the noon to engage and entertain themselves, we at Colors Tamil are ecstatic to be offering interesting narratives for them to enjoy during the afternoon prime time. Viewers can gear up for a nostalgic ride in the coming weeks.” 

    Being the first Tamil soap opera to cross 1000 episodes, Kolangal revolves around the life of Abhinaya (played by Actor Devayani), a hardworking and ambitious woman who faces adversities in her life because of the people around her. Put through a hoard of challenges at every step, owing to the rivalry with her stepbrother Adhitya (played by Actor Ajay Kapoor), Abhinaya struggles to make a place for herself in society. 

    She leads life with strong ideals and stays with her mother, and maternal family. Entangled in a dark past, abusive relationships and business rivalry, how she handles her relationships and reaches great heights forms the rest of the plot. The show stars Devayani, Deepa Venkat, V. Thiruselvam, Ajay Kapoor, Poornima Indrajith in prominent roles. Tune into Colors Tamil to watch Kolangal at 1 pm and revisit the phenomenal title track composed by D.Imman.

    Starring Actor Shruthi Raj, Actor Deepak , Actor Hemalatha, Actor Suzane George and Actor Sudha Chandran in lead roles, Thendral, on the other hand, places a central focus on the education of women. The plot unfolds around Thulasi (Actor Shruthi Raj) whose sole ambition is to pursue her studies and become an engineer. Having been abandoned by her mother, her family despises her and creates troubles for her at every given instance. Undeterred, Thulasi pursues her dreams. Meanwhile, Thamizh (played by Actor Deepak Dinkar) falls for Thulasi and both end up getting married. The rest of the narrative is spun around Thulasi’s trials and tribulations post her marriage and how she spares no effort to achieve her goal.

    Commenting on the launch, Actor Devayani said, “ I am elated that Kolangal will soon be retelecast on a popular channel like Colors Tamil. This show is close to my heart since it marked my television debut. Kolangal had set a benchmark to inspire many women to get out of the comfort of their homes and take the reins of the workplace industry, while balancing both their personal and professional responsibilities. With the show coming back to screen, I am certain it will continue to motivate many more women to be brave and take charge of accomplishing their dreams.”

    Adding to the same, Actor Deepak Dinkar said, “Thendral marked my acting debut and it is owing to this show that I have reached great heights in the Tamil GEC space. I am happy that it is being re-telecast on Colors Tamil. The show in my opinion was the first youthful drama to have aired among the Tamil audience and showcased the importance of education in women, which still many parts of the country need more awareness about. Hence, I am confident that this show will continue to rule the hearts of the audiences whilst encouraging viewers to be empowered.”

  • Adjust launches connected TV measurement solution ‘CTV AdVision’

    Adjust launches connected TV measurement solution ‘CTV AdVision’

    Mumbai: Adjust has launched a connected TV (CTV) measurement solution called CTV AdVision.

    “As marketers increasingly leverage this growing channel as part of their overall marketing strategy, many grapple with measurement challenges, including fragmentation, complexity and expense, that are preventing them from taking advantage of CTV advertising to reach a massive engaged viewership,” said the statement.

    As per a report by Interactive Advertising Bureau, advertising spend on CTV is projected to surpass $21 billion in 2022. The IAB reports indicates that 18 per cent of total ad spend on video including CTV, social, short-form video and traditional linear TV is currently allocated to CTV.

    “Marketers have struggled to turn CTV into a performance channel because, until now, they didn’t have the data to do so,” said Adjust director of connected TV and new channels Gijsbert Pols. “What sets CTV AdVision apart is that it offers brands of all sizes the ability to analyze the assisting power of CTV on performance and reveals the extent to which CTV is helping other channels to convert and improve ROI.”

    CTV AdVision combines Adjust’s connected TV measurement offerings including CTV to Mobile and CTV to CTV with a dedicated CTV dashboard in Datascape. Marketers will be able to see how their CTV campaigns are performing overall, as well as the impact of CTV campaigns on their apps with metrics and KPIs, such as installs, revenue and RoI. Additionally, in the Datascape Overview dashboard and report building tool, marketers can gain a holistic view of their user acquisition and retention strategies to see CTV performance in context of other channels.

    The measurement solution will empower marketers to measure CTV campaign influence on mobile apps, analyse the assisting value of CTV campaigns on other campaigns, such as search and social, including the presence of CTV in customer journeys, measure the impact of advertising campaigns for apps functioning on CTV devices, create and track QR codes optimised for CTV In the dashboard and customize the attribution logic to fit the specific needs of the CTV ecosystem.

    “As CTV becomes a more prominent channel in advertising, we know marketers need to be able to prove ROI on their CTV campaigns,” said Adjust chief product officer Katie Madding. “We built CTV AdVision to empower marketers and advertisers with a unified attribution method, with reliable data and visualizations on CTV performance, that allows for consistent and independent measurement.”

    Adjust has partner integrations with leaders in the CTV ecosystem from platform providers like Samsung to intermediaries such as The Trade Desk and tvScientific.

    Clients including Plarium and PeopleFun are already using CTV AdVision to overcome the challenges of advertising on CTV.

    “With Adjust’s CTV AdVision, we’ve been able to achieve heightened visibility into the performance of our CTV efforts to optimize our campaigns,” said Plarium team lead Shlomi Laufer. “Previously, we had to make choices for our CTV marketing without the data to support or guide our decisions. With CTV AdVision, we’re able to easily and confidently purchase CTV ads.”

    “By using Adjust’s CTV AdVision, our growth team can view PeopleFun’s connected TV marketing strategy within the context of its greater digital marketing efforts,” said PeopleFun CEO Carol Miu. “We can now rely on one measurement solution, Adjust, when we promote our hit puzzle game Wordscapes on CTV. Before, we had to synthesize different measurement solutions from each CTV provider.”

  • Banijay Asia to create Indian adaptation of Canadian mini-series ‘Vertige’

    Banijay Asia to create Indian adaptation of Canadian mini-series ‘Vertige’

    Mumbai: Banijay Asia is collaborating with Armoza Formats, part of ITV Studios, to bring the official adaptation of the award-winning Canadian mini-series “Vertige” to the Indian audience.

    The Canadian show, originally broadcast in French, deconstructs the alleged suicide of a young girl, Daphne Roussel. “Vertige” follows her as she miraculously wakes up from a three-month long coma with no memory of the 24 hours prior to her alleged suicide attempt.

    “Our audience is developing a vast appetite for exciting and engaging content, making it increasingly important to bring innovative, catchy titles to screen,” said Banijay Asia CEO and Founder Deepak Dhar. “Armoza Format’s ‘Vertige’ is spellbindingly suspenseful, and the way the story catches you in the thrill-storm of the main character is extraordinary. Our audiences love strong narratives and solid characters, and Vertige is a series that fits the description seamlessly – it’s great to be collaborating to create our own, localised version of the show.”

    “We are thrilled to see more of our scripted titles being adapted in India thanks to our great partners in the Indian market,” said Armoza Formats head of sales Salome Peillon. “Together with our partners at Banijay Asia, we are looking forward to bringing this thrilling drama series, ‘Vertige’, to the Indian viewers who have shown clear appetite for our scripted series.”

    The six-episode thriller, originally produced by Pixcom, received multiple awards at the prestigious Prix Gémeaux in 2012 for categories such as ‘Best Direction,’ ‘Best Writing’ and ‘Best Original Music’ to name a few. Originally directed by Patrice Sauvé, “Vertige” features a stunning cast with Fanny Mallette, Normand Daneau, Marilyn, Castonguay, Noémie Godin-Vigneau, Monique Spaziani and Germain Houde in the pivotal roles.

    Banijay Asia is behind hit shows such as “Call My Agent,” “Hostages,” “Survivor,” “The Voice,” “Into The Wild with Bear Grylls” and “The Big Picture.”

    Armoza Formats is one of the top creators and distributors in the international content market and is known for its popular formats including primetime singing competition “The Four” and entertainment show “I Can Do That!” hit game show “Still Standing” and award-winning scripted drama “Hostages” which recently aired two seasons in India.