Category: Viewership

  • Anand Sreenivasan joins Republic Media Network as National Head-Branded Content

    Anand Sreenivasan joins Republic Media Network as National Head-Branded Content

    Republic Media Network has appointed Anand Sreenivasan as the National Head-Branded Content. With an overall experience of more than 16 years, Sreenivasan will head the Fluid team. It is the branded content vertical of the network. The Fluid team has produced several award-winning series for the brand. 

    Earlier, Sreenivasan has led media organisations like ZoomTV, UTV, Sony, and A&E network. He also worked as the head of the west region for display and branded content at The Quint, the company said in a statement.

    On joining Fluid, Sreenivasan said, “The last couple of years have made the Indian content space fascinating and dynamic. The emergence of new-age content providers and multi-platform choices for the viewer has made it a challenge for all content creators. With Fluid, we will now look forward to creating bespoke content solutions for partners across Digital and Television.” 

    “This will be a one-stop shop ensuring end-to-end content development and distribution. As a network, we are already leading the way for the news genre and we will now look to establish the same in the branded content space too,” he added.

    Welcoming this move, Republic Media Network’s Group COO Hersh Bhandari said, “We would like to welcome Anand onboard then Republic Media Network. He is one of the sharpest minds in the business of content. With over 16 years of work experience in the business of content and digital, Anand will add strength to the leadership team by curating some of the large IP’s for the network and integrated brand solutions for clients. Anand will add strength to our core leadership team and lead the branded content vertical for the network nationally.”

  • Suresh Triveni launches his creative studio; Abundantia Entertainment to back the venture

    Suresh Triveni launches his creative studio; Abundantia Entertainment to back the venture

    Mumbai: Critically acclaimed director of films like “Tumhari Sulu” and “Jalsa,” Suresh Triveni on Thursday announced the formation of his creative studio and production house ‘Opening Image,’ in association with Vikram Malhotra-led Abundantia Entertainment. This alliance aims to create and produce content across mediums.

    Opening Image is set to partner with studios and platforms that share its vision of bringing high-quality stories to screens of all sizes and dimensions and is language and genre-agnostic. “The studio will be an end-to-end entity with an ability to work from idea to screen. An exciting slate of films and series is already under development at the newly-formed company and the list includes Suresh’s next directorial ventures as well as content that he’s set to showrun,” said the statement. “It will also host a first-of-its-kind script lab which will enable creators to develop their ideas with the best writers and creative minds available to collaborate with.”

    Triveni shot to fame with the popular ‘Mauka Mauka’ advertising campaign during the cricket World Cup matches between India and Pakistan. In 2017, he made his Bollywood feature film debut with the Vidya Balan-starrer “Tumhari Sulu,” a slice-of-life film, chronicling the life of an enthusiastic housewife who suddenly lands a lucrative job as a radio jockey. The film was an instant hit and swept most awards that year between the lead actor, the director and the film itself.

    “The idea of ‘Opening Image’ is to empower talent – writers, filmmakers, technicians. to offer fresh, exclusive and original stories tailored for viewers across the globe,” Suresh Triveni said. “The vision behind Opening Image is to curate disruptive stories and provide a platform for creators, especially fresh and young talent, to deliver their best. I am delighted to extend my partnership with Abundantia Entertainment and Vikram to the next level and in them, I have found the right backers for my vision.”

    The backing of Suresh Triveni’s venture is a further step in Abundantia Entertainment’s commitment to support and enable its creator partners and incubate high-potential talent, according to the statement.

    “Abundantia Entertainment believes in the power of stories and the vision of storytellers. This philosophy is strongly demonstrated in the body of work that team Abundantia has delivered in its young journey, highlighted by the recent success of ‘Jalsa,’” commented Abundantia Entertainment founder and CEO Vikram Malhotra. “Suresh has been a fabulous collaborator and friend and I am proud that we are now taking the next step in our relationship as he launches Opening Image. I am excited with the promise and potential of Opening Image and can’t wait for Suresh and the team to tell their brand of stories to the world.”

  • Vidnet 2022: Industry experts to come together to evaluate the way ahead for the OTT sector

    Vidnet 2022: Industry experts to come together to evaluate the way ahead for the OTT sector

    The over-the-top (OTT) landscape is growing significantly in India and new paid features are increasing regularly. Time spent viewing content on OTT has surged and viewers are looking out for new choices & innovative content. Despite the changes and increase in prices, the viewers are still subscribing to different OTT platforms currently. We expect the scenario to boost further as the consumers are looking forward to the growth of OTT based content and streaming services in India.

    Indiantelevision.com has come up with an insightful two-day long VIDNET Summit to understand the changes in the OTT space and evaluate its way forward. The event will take place between 20-21 April 2022 at Sahara Star Hotel, Mumbai.

    The changing OTT ecosystem will certainly grow further as there will be new partnerships, new relationships and new opportunities, which will further emerge eventually. The idea behind this year’s VIDNET is to analyse the changing OTT ecosystem and find answers to some of the critical questions such as what is the way forward for the OTT platforms? Where do the opportunities lie? What are the challenges?

    VIDNET 2022 is India’s largest OTT streaming summit, which will bring together the industry experts on one platform. It is an ideal hotspot for technology service providers, OTT and video platforms, broadcasters, short video professionals, martech professionals, content creators, producers, studios, adtech professionals, venture capitalists and everyone with a keen interest in technology.

    The VIDNET 2022 summit will have speakers from film and OTT space. The speakers will include Filmmaker and CineMan Productions Ltd. & Oho Gujarati founder Abhishek Jain; Endemol Shine India chief executive officer Abhishek Rege; SYSKA Group head of marketing Amit Sethiya; Synamedia senior solutions consultant Arun Raghuraman; Zee Studios head-content Ashima Avasthi Chaudhuri; Lyca productions CEO Ashish Singh; Mediacom India chief product officer Averill Sequeira; ALTBalaji SVP – marketing, partnerships & revenue Divya Dixit and including other industry experts.

    The event will witness some really interesting panels giving deep insights of the industry and some proven tricks to grow in OTT space from the expert panelists.

    The first panel will see a discussion on one of the most important topics currently, “The Magic 100 Million. How Do We Get There?” moderated by Indian Television Dot Com founder, CEO & editor-in-chief Anil Wanvari. The panel will include Endemol Shine India CEO Abhishek Rege; International Media Acquisition Corp chairman & CEO Shibasish Sarkar and others.

    This is not it, there will be more than 12 panels on different topics such as “Demystifying the French OTT Landscape”, “Advertising On OTT – Connecting The New Brand Order” and so on. During the event, there will be deliberations, thought sharing, engagement and discussion of various other topics that are relevant in today’s scenario.

    VIDNET is one of its kinds of initiatives that will gather experts across the industry. It will allow you to meet and interact with industry experts. The summit will also help you to learn some tips and tactics from like-minded people. The attendees will get to hear about new tools and the key problem areas from the experts. The interesting sessions will make you learn from the experts by listening to their journey, experiences and how they overcome the challenges. Moreover, this is the biggest platform to learn beyond your field of interest.

  • International Art Machine’s content lens

    International Art Machine’s content lens

    Soon after moving on as president of Amazon Prime Video and Amazon Studios, Los Angeles-based media executive Roy Price booked a flight to Hong Kong to incorporate the name ‘International Art Machine.’ A journalistic outfit reported that Price was resuscitating his career as an art dealer but the simpler truth is that he was planning his comeback in the content business.

    Price is the executive behind many of Prime Video’s Emmy and Golden Globe-winning shows like “Fleabag,” “Marvellous Mrs Maisel,” “The Boys,” “Maid In Heaven,” and “Patriot” during his over 13-year association with the global streamer. Prior to Amazon, he was a consultant at global management consultancy McKinsey and Co. He also ran content development for Walt Disney Content Animation.

    With International Art Machine, Price has hit the ground running by announcing three projects in association with known names from the Indian media and entertainment industry. This includes projects like Amish Tripathi’s “The Shiva Trilogy” helmed by Shekhar Kapur and Suparn S Varma, “The Kitty Party” with Preity G Zinta and “Gods” with Dibakar Banerjee.

    Roy’s vision is to create originals that will move the needle in their local markets while at the same time whetting the appetite of an international audience. Just the kind of shows that global streamers are desperately trying to make. Netflix has had some success with shows like “Squid Game,” “Money Heist,” and “Dark” and Prime Video showcased the Bong Joon-ho’s acclaimed film “Parasite” but Price believes the best is yet to come.

    In a freewheeling conversation with IndianTelevision.com International Art Machine founder and CEO Roy Price speaks about shuttling between Mumbai and Tokyo, assembling his team, the potential of the ‘Shiva trilogy’ and more.

    Edited Excerpts:

    On being mistaken for an art gallery

    There was an article at one point that I was starting an art gallery and that tells you something about the importance of careful journalism because I’ve never been in the fine art business in my life. I guess someone just looked at the name of the company and decided that was the news story. People perceived it as a sophisticated name, so I never corrected it with anyone.

    On setting up International Art Machine

    When I left Amazon, the major theme I felt in international TV was the growth of Asian originals coming from Mumbai to Tokyo. Almost immediately I booked a ticket and was in Hong Kong and Mumbai within a week. I set up International Art Machine with a vision for a studio that could work locally and serve the growing multinational streamers. I called the studio International Art Machine because I think of TV and film as art. Not because we deal in paintings…although we could extend it to NFTs.  

    Primarily, we’re looking at Asian originals as we’ve seen content like “Parasite,” “Squid Game,” “Drive My Car” mostly from Korea come from Asia since 2017. This trend is going to continue Asia-wide and I knew this was the place to be.

    First, I set up in Hong Kong as it was a convenient mid-point between Tokyo, Seoul, and Mumbai but then switched corporate headquarters to Singapore. Karishma (Naina Sharma) is based in Mumbai and I’m based in LA going back and forth to Mumbai and Tokyo, though mostly on Zoom now.

    Focus on Asian markets

    India, South Korea and Japan are the primary markets followed by Indonesia. There’s China but it is more complicated than it used to be. There’s a robust market in Asia for the kind of international series that we tend to focus on.

    The studio’s content lens

    We want to create a series that could work for the global streamers. Not to say that they primarily cater to international audiences but they have the scope that global streamers are looking for. They would move the needle in a given country and be led by fantastic talent.  It should also have the chance to travel and be appreciated elsewhere just for its terrific quality.

    At the end of the day, streamers want the kind of ambitious shows that are going to stand out in the market. Those shows don’t always have massive special effects or tremendous budgets but are usually creatively ambitious, and have a great team and spellbinding storytelling. It could be like a “Game of Thrones” or something much more personal. For a streaming service, the shows that really make a difference are the top few shows of the year. These top shows will drive 80 percent growth of the platform and bring people through the door. Those are valuable shows.

    Those kinds of shows tend to be non-intuitive game-changers. The thing they have in common is that they’re trying to be different, trying to be new, and tend to have ambitious teams. That’s our mindset and we’re trying to internalise that perspective and find exactly that kind of show.

    ALSO READ | International Art Machine forays into India, unveils content lineup

    On the potential of the “Shiva trilogy”

    The “Shiva trilogy” just seemed like the ultimate web series that had to be made. To bring Shekhar (Kapur), Suparn (S Varma) and Amish (Tripathi) together to tell the story of the novels would make for a compelling watch. To be honest, ‘Shiva’ is a multi-dimensional and complicated character that lends to an interesting story. That’s why the novels have done so well. The Shiva trilogy is a story that delves deep into the complexities of mankind. It is layered with philosophy that’s not only relatable but as relevant then as it is now. We’re really excited about this series and it fits with what we want to do. It is going to be done in the best possible way and will move the needle in India and even outside of India could be interested in the show.

    On creating a show that has legs to travel outside of India

    It is a matter of time before we see a show coming from India that is a global success. There wasn’t a Korean show that really travelled before “Squid Game.” There really hasn’t been a Japanese one either that has been a global hit. We’ve only been making web series and higher budget series for a few years and the number of shows is still small.  As there are more shows and ideas, I’m sure we’ll see a global hit from India. There are so many stories and storytellers that one of them is certainly going to catch on more broadly.

    It is a mistake to overthink it and try to create a show that appeals to a global audience but misses the mark with the local market. We’re going to do it the right way for the local market and it’s going to catch on elsewhere because it is a great show.

    On the timeline to bring projects to screen

    I would like to sit down in Mumbai and watch some of these projects on TV by next year. We’re looking at finishing some of them by the end of this year or at the beginning of the following year. The safer bet would be to actually premiere at the beginning of 2024 but it really depends on what happens in the next four to five months.

    Web series or film?

    At the moment, we’re doing a web series. We’re inventing the web series process as we go along. Since India has only produced so many web shows to date, there are only so many writers who’ve worked on it. As more writers get experience working on web series in the next decade it’ll be easier to create TV shows. We’re working on the scripts for our current projects and are excited to move forward with them.

    There’s such an exciting market in India for film that it is easier to do. The process of filmmaking is well oiled in Mumbai because that’s what the industry has been working on for a long time. It is definitely tempting to work with some of the great filmmakers and move into the film side later on.

  • Sun TV becomes most-watched channel in week 14: Barc

    Sun TV becomes most-watched channel in week 14: Barc

    Mumbai: Sun TV displaced Star Utsav to become the most-watched channel with 2462.15 AMA in week 14 (2 April to 8 April) according to data released by Broadcast Audience Research Council (Barc).

    Star Maa and Star Sports 1 Hindi were at second and third spots, with 2436.38 and 2354.46 respectively.

    Star Plus, Dangal, Sony SAB, Star Vijay, Star Pravah, Zee Kannada, and Colors followed.

    The mega cities and South markets were ruled by Sun TV at 434.64 and 2455.56 AMA, respectively.

    It was followed by Star Sports 1 Hindi, Star Plus, Sony SAB and Sony Vijay in the mega cities. The South market had Star Maa, Star Vijay, Zee Kannda and Zee Telugu in the remaining four positions.

    Among the regional markets, Maharashtra/Goa was led by Star Pravah at 1465.01 (‘000s), West Bengal by Star Jalsha at 1123.02, Odisha by Tarang (465.05), Karnataka by Zee Kannada (1349.6), Rajasthan and UP/Uttarakhand by Dangal at 159.45 and 456.67 respectively. 

  • The Q strengthens primetime programming with five new shows

    The Q strengthens primetime programming with five new shows

    Mumbai: In a bid to strengthen its primetime programming, Hindi GEC The Q on Thursday announced the launch of five new shows “Pagalpanti,” “Badhiya Hai!,” “Dhakkad Kudis,” “Dil Se Connection #Sholka Ke Saath,” and “Dil Se Connection #SambhAvi Ke Saath.

    The channel has also launched an integrated marketing campaign to target viewers across the Hindi-speaking market. The campaign will extend outside the network TV promotion, print, and outdoor advertising as well as activations in key markets. 

    The Q will also leverage its owned media platforms across linear TV to further its messaging.

    “The channel will programme to offer similar content and shows as per a predefined time band thus delivering a holistic genre-led content consumption experience,” said the statement. The shows “Pagalpanti,” “Badhiya Hai!” and “Dhakkad Kudis” will be led by digital creators, it added. 

    “We have successfully broken the clutter with content that is different, relatable and entertaining over the last year,” said QYOU Media India chief executive officer Simran Hoon. “Our audiences and advertisers have appreciated our unique storytelling approach, and have validated our digital to TV proposition. With this new avatar, we are stepping up our commitment for our viewers by making available content that is rich, vibrant and relevant. The Q’s new programming strategy is a reflection of our identity as a network. It consolidates content by the experience it offers and brings to the forefront a new manner of consuming television.”

    According to a statement, “Pagalpanti” is a sketch comedy with popular creators like Elvish Yadav, and Awanish Singh. “Badhiya Hai!” is a family-oriented sketch comedy show with creators like BakLol amongst others. “Dhakkad Kudis” is an all women creator-led show with Sanjhalika Shokeen, Sushma Chhikara, and Charu Dixit.

    Premiering on 18 April at 7 p.m, “Dil Se Connection #SambhAvi Ke Saath” will showcase celebrity couple Sambhavna Seth and Avinash Dwivedi. “Dil Se Connection #Shloka Ke Saath” will premiere on 18 April at 7:30 p.m and will give viewers a window into the lives of celebrity couple Dipika Kakkar and Shoaib Ibrahim, added the statement.

    “Our new content lineup takes our positioning of ‘zara hatke’ to the next level,” said The Q and The Q Marathi programming head Ashutosh Barve. “Our two celebrity couples from our two ‘Dil Se connection’ series are not just most loved TV stars but also extremely successful and popular digital creators. True to our DNA of celebrating creators, for the first time on TV, we are offering our audience a VIP all-access pass to experience the ‘real life’ drama behind these ‘reel life’ celebrities. We have created a unique time band strategy that showcases our most popular digital creators with genre-led slots across family-inclusive, female skewed and male-skewed content with ‘Badhiya Hai!, ‘Dhaakad Kudis’ and ‘Paagalpanti’ slots respectively. We look forward to deepening our bond with booming young Bharat by continuing to showcase the best of relevant and entertaining content.”

  • Shemaroo Entertainment launches Hindi GEC ‘Shemaroo Umang’ on DD Free Dish

    Shemaroo Entertainment launches Hindi GEC ‘Shemaroo Umang’ on DD Free Dish

    Mumbai: Shemaroo Entertainment has announced the launch of a new free-to-air hindi general entertainment channel (GEC) called ‘Shemaroo Umang’. The channel is available on DD Free Dish, various multi-system operators (MSOs) and will be available on major direct-to-home (DTH) and cable networks, according to the company’s statement.

    With the launch of the channel, Shemaroo Entertainment expands its broadcast portfolio with existing channels Shemaroo TV and Shemaroo MarathiBana. 

    The newly launched channel will bring a women-centric focus catering to their entertainment and aspirational needs, said the statement. 

    It will also offer advertisers and brands a new audience to reach out across the Hindi speaking market.

    “We have experienced immense success with our existing television channel slates and are excited to announce the launch of our new Hindi GEC ‘Shemaroo Umang’,” said Shemaroo Entertainment CEO Hiren Gada. 

    “We are committed to be a leader in the Indian entertainment industry and build our position in the market with the new launch,” he added.

    “The launch of Shemaroo Umang is another breakthrough for us as it strengthens our presence in the broadcast space,” said Shemaroo Entertainment COO – broadcasting business Sandeep Gupta. 

    “We are sure that the audiences will love our curated collection of some of the most admired shows and Shemaroo Umang will also soon emerge as a household name just like Shemaroo TV and Shemaroo MarathiBana,” Gupta added.

    The channel will also be distributed on Shemaroo’s OTT platform ShemarooMe.

  • Sony welcomes NCLT order to start Manthan’s liquidation process

    Sony welcomes NCLT order to start Manthan’s liquidation process

    MUMBAI : The television distribution landscape is getting treacherous day by day with the rapid evolution of video consumption and the yo-yoing of pricing regulations by the Telecom Regulatory Authority of India (Trai). Carcasses of the leaders in the Cable TV distribution are lining the streets of India’s television land. A leader in Kolkata for many years, Manthan has been facing challenges with its mounting debts and dues that have forced its managers to give up the ghost as well as a nudge from the regulators.

    The corporate debtor, Manthan Broadband Services has been facing a financial crunch, bankruptcy, and challenges in repaying its debts to the creditors. Therefore, the liquidation of the Manthan is becoming a growing concern currently. Since the financial year 2019, there have been no business operations of the corporate debtor and no regular employees are working in the firm.

    Sony Pictures Networks India moves high court

    Sony Pictures Networks moved to the Kolkata high court and in January, it obtained an order directing National Company Law Tribunal (NCLT) to hear Manthan’s corporate insolvency resolution matter and pass an appropriate order within three months. An attempt to submit a resolution plan to revive Manthan was persistently opposed by Sony along with Alliance Broadband (another creditor of Manthan) and Kuldeep Verma (the appointed liquidator of Manthan currently). The long-pending Manthan matter finally was put to rest with NCLT passing an order on 6 April 2022 directing the liquidation of Manthan.

    Further, Sony Pictures is the only broadcaster that got the title deeds of three acres of land as collateral from Manthan under a watertight memorandum of understanding (MoU). It is the first time that any broadcaster used such a method to secure their dues. Incidentally, it is probably the first time that an Indian broadcaster had thought of such an idea of using real estate as collateral for securing outstanding financial dues.

    This could be described as a positive development for the broadcaster since it can now deal with the said portion of Manthan’s land parcel under the relevant provisions of the Insolvency and Bankruptcy Code (IBC).

    The collateral will help the broadcaster to gain the ‘Secured Operational Creditor’ status which was granted by the NCLT in January 2021. The first of its kind judgement in the entire broadcasting industry. The operational creditors are not given secured creditor status due to lack of collateral; no other broadcaster has ever taken any collateral in this industry.

    The Manthan case chronology

    On 8 March 2021, an order was first passed by the NCLT that Manthan should be liquidated. The decision to liquidate the Distribution Platform Operator (DPO) was taken by NCTL after various opportunities given to the company for producing a resolution plan. Manthan has undergone the insolvency proceedings on 18 September 2019 and the corporate insolvency resolution process (CIRP) was initiated after the financial creditor, Alliance Broadband Services had filed a petition in the court for claiming a defaulted loan amount of more than Rs 10.20 crore.

    In addition, there were two parties Atria Convergence Technologies Ltd (ACTL) and India Cable Network Company Ltd (ICNCL) who expressed their interest in submitting the resolution plan for the corporate debtor. However, both the bidders withdrew from CIRP after submitting a resolution plan.

    The committee of creditors (CoC) passed a resolution for winding up Manthan and Kuldeep Verma, the resolution professional had accordingly filed appropriate applications before the NCLT. The issue was further discussed during the 10th CoC meeting in March 2021 and ultimately, in the 11th CoC meeting, the decision to liquidate Manthan was approved after casting 100 per cent votes from the creditors.

    The industry spokesperson said that they have waited for a long time for the smooth running of the CIRP of Manthan. However, even after best efforts, the revival plan for Manthan could not happen within the timelines, including seeking extension and exclusion.

    So now, with the passing of the order by the tribunal for Manthan’s liquidation process, the creditors expect that it will streamline everything and facilitate recovering the pending dues from the corporate debtor.

  • Colors to premiere new dance reality show ‘Dance Deewane Juniors’ on 23 April

    Colors to premiere new dance reality show ‘Dance Deewane Juniors’ on 23 April

    Mumbai: Colors has announced a new dance reality show called “Dance Deewane Juniors” that will see 4–14-year-olds performing solos, duos and groups and competing with each other. Produced by Frames Production, the show will premiere on 23 April and air every Saturday and Sunday at 9 p.m.

    The judges for the show will be Neetu Kapoor, Nora Fatehi, and Marzi Pestonji. Television actor Karan Kundrra will be the host of the show. 

    “At Colors, it has always been our endeavour to offer a wide variety of content to our viewers and encourage the best of talent from across the nation,” said Viacom18 head Hindi mass entertainment and Kids TV network Nina Elavia Jaipuria. “After the outstanding success of our flagship property ‘Dance Deewane,’ we now present Dance Deewane Juniors, a dance show dedicated to kids. With an extraordinary panel of judges and an outstanding lineup of contestants, the show will raise the bar of entertainment and strengthen our weekend offerings.”

    The show will feature the dance group ‘ABCD Little Angels’ including performers Rithyha, Navya, Janvi, Shanaya and Myra, the dancing duo of Urva and Ask and solo performers Geet Kaur Bagga, Aditya Vinod Patil and Anshika Dhara. The show will also have ace dancers such as Tushar Shetty, Pratik Utekar, and Sonali Kar as mentors training and nurturing the craft of the contestants.

    “Kids are a powerhouse of talent and passionate about dance,” said Viacom18 chief content officer Hindi mass entertainment Manisha Sharma. “With ‘Dance Deewane Juniors,’ we aim to celebrate their spirit and give them a larger-than-life platform. We have an array of performers and a promising line-up of contestants from different parts of the country who have given their heart and soul to their art form and ‘Dance Deewane Juniors’ will give flights to their dreams.”

    “’Dance Deewane Juniors’ is our promising new venture that will give a platform to young dancers that deserve to be recognised and lauded,” said Frame Production Company’s Ranjeet Thakur and Hemant Ruprell. “The juniors have packed a powerful punch with their jaw-dropping and astounding performances in the audition round itself. The viewers are in for a complete treat as we double the entertainment as the season progresses. We are certain that as we go along, these contestants will get the right nurturing and grooming under the guidance of our mentors and respected judges.”

  • AVGC fastest-growing sector in South Indian M&E industry; TV leads by share: CII

    AVGC fastest-growing sector in South Indian M&E industry; TV leads by share: CII

    Mumbai: The South Indian media and entertainment (M&E) sector, with a market value of around Rs 70,000 crore and a share of 40 per cent, will play a critical role in assisting India to follow a sustainable path to becoming the world’s largest credible marketplace, with M&E contributing two to three per cent to the country’s GDP. The findings were revealed in the CII Southern Region’s report titled ‘Regional is the New National – Way Forward for the South Indian Media & Entertainment Industry.’

    Television continues to occupy a major 45 per cent of the South India M&E market share. By the end of 2022, it is expected to be worth Rs 33,100 crore, with a 10 per cent compound annual growth rate. The south Indian TV sector had a market size of Rs 36,000 crore in 2019, which dropped to Rs 29,000 crore in 2020 because of the Covid-19 epidemic, but recovered to Rs 30,100 crore in 2021. It is expected to grow even more in the coming years, reaching Ra 33,100 crore in 2022 and surpassing 2019 by 2024.

    Subscriptions continue to be the most lucrative source of revenue for television, followed by advertising and programming. According to industry estimates, TV stations in South India earned Rs 25,200 crore in subscriptions, Rs 9,360 crore in advertising, and Rs 1,440 crore in programming in 2019. Due to the pandemic’s impact, these figures fell in 2020 to Rs 20,300 crore for subscriptions, Rs 7,540 crore for advertising, and Rs 1,160 crore for content-based revenue.

    AVGC is the fastest growing sector in the South Indian M&E industry, with a CAGR of 30 per cent. It is expected to account for up to 10 per cent of the overall M&E sector by 2030. The budget allocation for VFX in high-budget films is expected to rise to 30-35 per cent by 2023, up from 25-30 per cent currently.

    Establishment of a state-of-the-art 30,000 Sq ft Centre of Excellence in Whitefield, Bengaluru, and the construction of Image Towers in Hyderabad, which is a 600,000 square feet dedicated space for the AVGC-XR sector, has contributed to this growth.

    More than half of the films released in the last year were in one of the four south Indian languages. The South Indian film industry has also produced some of the most successful box office hits in recent years. It is expected to be worth Rs 6050 crore by the end of 2022, with a compound annual growth rate of 13 per cent.

    Southern films have performed exceptionally well on OTT platforms, and they are among the most watched films in Indian cinema. With a compound annual growth rate of 25 per cent, the South Indian streaming and digital media market is expected to be worth Rs 16,200 crore by the end of 2022, nearly two-and-a-half times the film revenues. Disney Hotstar, Amazon Prime, Zee5, Netflix, and SonyLiv are aggressively establishing themselves in the southern states.

    The South Indian print industry market is expected to be worth Rs 9,900 crore by the end of 2022, with radio, digital, OTT, and music following close behind. Further, South India’s five states account for 286 of India’s total 1369 radio channels, accounting for a 21 per cent share of the total radio pie in India.

    “South India has continued to play an important role in the evolution of the M&E industry, owing to the popularity of vernacular content, rapid digitisation and connectivity, an evolving ecosystem, global viewership, and personalisation,” the report stated. “Tamil Nadu, Kerala, Andhra Pradesh, Telangana, and Karnataka, the five southern states, have been at the forefront of leading the transformation of India’s M&E sector.”

    “The growth story of the South Indian M&E sector, like that of the rest of India, continues to be unique and multimodal, with digital and traditional media co-existing and growing with very different underlying trends,” it added.