Tag: Anuradha Prasad

  • News24 ropes in Satish Singh as consulting editor

    News24 ropes in Satish Singh as consulting editor

    MUMBAI: The news television industry is seeing many high profile resignations and reappointments in the last couple of months. The latest to also make a move is Satish Singh. He has joined News24 as consulting editor.

    Singh will work to enhance the editorial output of the channel on its digital platforms and will report to News24 editor-in-chief Anuradha Prasad.

    In his last stint, he was with News Express as consulting editor from January 2014.

    He has over two decades of experience in journalism. Singh was earlier the editor for Zee News for about 15 years. His earlier stints include editor-in-chief of Live India, the Hindi news channel from Sri Adhikari Brothers and and News Director of Focus TV.

    After his famed stint at Zee, Singh joined NDTV India in 2005 and returned to Zee News as senior executive editor in 2007 and left again in 2012.

    He started his career with an English publication in 1993 and then joined Nalini Singh’s project Hello Zindagi before moving on to DD News.

  • News24 ropes in Satish Singh as consulting editor

    News24 ropes in Satish Singh as consulting editor

    MUMBAI: The news television industry is seeing many high profile resignations and reappointments in the last couple of months. The latest to also make a move is Satish Singh. He has joined News24 as consulting editor.

    Singh will work to enhance the editorial output of the channel on its digital platforms and will report to News24 editor-in-chief Anuradha Prasad.

    In his last stint, he was with News Express as consulting editor from January 2014.

    He has over two decades of experience in journalism. Singh was earlier the editor for Zee News for about 15 years. His earlier stints include editor-in-chief of Live India, the Hindi news channel from Sri Adhikari Brothers and and News Director of Focus TV.

    After his famed stint at Zee, Singh joined NDTV India in 2005 and returned to Zee News as senior executive editor in 2007 and left again in 2012.

    He started his career with an English publication in 1993 and then joined Nalini Singh’s project Hello Zindagi before moving on to DD News.

  • NBA apprises new I&B secretary Sunil Arora with revenue models of news b’casters

    NBA apprises new I&B secretary Sunil Arora with revenue models of news b’casters

    NEW DELHI: The newly appointed Information and Broadcasting Ministry secretary Sunil Arora was today apprised of various issues relating to news broadcasters in a wide-ranging discussion with the News Broadcasters Association (NBA). 

     

    NBA president Rajat Sharma told indiantelevision.com that all issues including the ad cap were discussed with Arora.

     

    The meeting comes soon after the adjournment of the ad cap case to 23 September by Delhi High Court.

     

    This is the first meeting of the new secretary who took over on 31 August, 2015.

     

    Issues relating to carriage with multi system operators (MSOs) and local cable operators (LCOs) and revenue models for growth of the industry were also discussed. 

     

    The delegation led by Sharma comprised NDTV’s Narayan Rao, Ashok Venkatramani of ABP News, Anuradha Prasad of News 24, Ashish Bagga of India Today, A P Parigi of Network 18 and NBA secretary general Annie Joseph.

     

    Special secretary J.S. Mathur was also present in the meeting. 

     

    The delegation also apprised the secretary about the initiatives taken by the broadcasting industry in the direction of self-regulation which includes working of News Broadcasters Standards Authority (NBSA), an independent authority set up by NBA and the two tier mechanism of complaints redressal relating to news channel followed by them. 

  • That day mustn’t come again

    That day mustn’t come again

    I flew back in Delhi after an exhausting day of work at the B.A.G’s Mumbai office. I sat to pursue my daily unwinding ritual of channel surfing. Least did I expect to see the dastardly act that was shaking the city and draining blood of the country.

    I immediately got on the phone to connect with the News 24 Mumbai and Delhi team. The channel had already dispatched reporters who were already present and reporting from ground zero. I watched the news feeds as they came in and as they were being relayed then on the channel. The terrorists had entered the heritage Taj Hotel- the most esteemed and loved landmark of the city, and taken the staff and guests hostage. They had grounded themselves at the Oberoi Trident firing at unsuspecting people and horrifying people like an untold unheard nightmare. They had sprayed bullets on unsuspecting people at the Chattrapati Shivaji Terminus and Leopold Café. AK-47s had been used and we got news of 20 people being murdered at the busy CST station and hundreds wounded.

    At the popular hang out Leopold Café, news came in of five people being killed and many more injured. The terrorists were still on the loose prolonging the tragedy. Any person familiar with Mumbai knows the mad rush the CST station witnesses every single day, clamouring on to trains that accommodate hundreds of people more than capacity. Every person who goes to Mumbai has the Leopold Café on their tourist destinations, for its quaint feel and heritage. I was numb as an Indian with the thought of the havoc the act would have caused at the sites and how many more would suffer in this mindless war that had been waged on us.

    Minute by minute more news kept coming in. News 24’s resident editor Hemant Sharma stood organizing his whole team and simultaneously giving piece to cameras one after the other. From the youngest of reporters to the most experienced, all set out to report the horror. The police had cordoned off the Taj and the other attacked sites and rescue operations were ensuing. Additional Commissioner of Mumbai Police had received information that a colleague had been injured in the gunfire at the Cama and Albless Hospital for women and children. They took a Toyota Qualis and proceeded in that direction. Two terrorists stepped out from behind a tree and opened fire with AK-47 automatic rifles. Priti Sompura, News 24’s reporter, was present with the cameraperson steps away from the site. Kamte had managed to retaliate, wounding a terrorist in the arm. In few minutes, news of them having succumbed to their wounds infuriated and saddened the nation.

    At the Taj, India witnesses that the Anti Terror Squad Chief Hemant Karkare had arrived and looked set to lead his team to bring the nightmare to an end. He geared up in moments in his helmet and bullet proof jacket. Was there hope for the nightmare to end shortly, reporters asked…

    It was through the live reports that we saw him go… Through the ropes and into the hotel, braving the threat he faced in his line of duty. Within seconds, the terrorists eliminated him. Their bullets pierced his so called bullet proof outfit. News 24’s anchor Sayeed Ansari told the nation of the death of one of the finest police officers to his audience. Such was the rush of blood and the magnitude of the tragedy, that his voice choked and eyes watered as he stood speaking to the camera. Another blow to efforts to end the disaster burning…another irreplaceable loss that had engulfed us all.

    Every moment was a shocker, every second a life changer. News 24’s Managing Editor Ajit Anjum, Director News Supriya Prasad and Input Head Rahul Mahajan rushed back from where they were to the news room to bring the shocking incident to their audience. Rahul Mahajan caught the first flight to Mumbai to bring the intensity and magnitude of the attack to the television screen. Supported ably by Shadab Alam, Mukul, Arun Pandey, Manish, Shashi Shekhar, Vikas, Preeti Sompura and Santosh Tiwari, the teams ensured reports relayed on the channel without any interruption.

    Raman Kumar and Amit Kumar, handling Delhi bureau, spent their night alternating between the Prime Minister’s Office and the Home Minister’s office seeking their reactions and responses to the tragedy. Manish Kumar and the whole fleet of reporters coordinated with Hemant Sharma on a minute to minute basis to bring news as it happened. Naveen Bisht, Adarsh Rastogi and their teams packaged all reports non stop in tandem with the reports.

    The Taj Hotel was totally under siege, and the freaks inside were firing randomly at staff and guests. Chefs, servers, attendants, people out for tea and dinner, foreigners out on vacation… There was only a number attached to the men and women who were falling dead with each aimless bullet being fired by the mad men inside. Bombs went off in two taxis close to where Vivek Gupta was reporting for News 24. Saved by a hair’s distance, it was all a joke to the men who had planned it all. To those suffering, to the ones reporting, to those witnessing – just an indescribable feeling raging within.

    Bullets were in an arms reach and terror was striking one the same plane on which stood the men and women reporting development, moment after moment. From News 24, cameramen Murganathan, Prahlad Singh, Vijay Chaudhary, Jitendra Singh, Imteyaz Khan and Akhilesh Singh positioned themselves at various points around the Taj, and the other sites. Reporters Priti Sompura, Vivek Gupta, Bhupendra Singh, Ankur Tyagi, Pravin Mishra and Vinod Jagdale stood, lay down, squatted – like the hundreds of other reporters from various news channels to report what was the worst terror attack on the nation.

    News came in that the CST station and Leopold Café had been taken over by security forces. 52 people had been killed at CST and 109 injured. 10 people had been killed at Leopold and many other were left maimed and bleeding. Hospitals were bustling, trying to aid the injured. Meanwhile, a one-sided war was raging at the Taj, Oberoi and Nariman house – all a stone’s throw away from each other. India watched as the moment by moment account was brought to them live by those standing at arm’s length with death. India united as news of the tragedy their compatriots faced stared them in their face.

    Amidst reports and the madness of bringing it all live from the newsroom, I called my friends in Mumbai enquiring about their safety, several of them including Sabina Sehgal Saikia. I could hear the numbness of their family members as they spoke flatly about their loved ones.

    Day after day, worse news kept coming in. And the fact that ten men had held the country to ransom for 24, then 48, then 72 hours exposed the helplessness of the common man and infuriated us all as never before. And for all the four days, Resident Editor Hemant Sharma relayed developments second by second in coordination with the Delhi team. Anchors Sayeed Ansari, Anjana Kashyap and Akhilesh Anand reported the minute by minute developments on all days non-stop. Reporters like Ankur Tyagi, Sanket Pathak, Anuja Karnik, Aarti Dani, and Anshul Agrawal along with camerapersons Dilip Rawani, Naveen Pandey, Mintu Singh, Kanti Parmar, Sameer Sherke and Babaji Nanaware continued to report and bring live second by second developments. Supplement reporters who had been flown in to support the Mumbai team included Satyendra Upadhyay and Nalini Rajput.

    Amidst the humdrum, one wondered why when we are surrounded by enemies, can we not have a centralized anti terror agency to ensure that such an incident doesn’t reach the proportions it reached? Why did our heroes have to die so arbitrarily while protecting us? Could there be no concerted effort to end the nightmare? Why was New Delhi at such a loss after the death of three fine officers and why could it not garner a unit to end the ensuing disaster? No one seemed to be in command; no one seemed to be leading the way to end the nightmare.

    A year later, the Chief Minister of Maharashtra has honoured Priti Sompura, Vivek Gupta and Ankur Tyagi with the Maharashtra Congress Committee award for their efforts in reporting the horrific day in the face of acute danger. News 24 recounts the horror of this day last year with its show, Morche Par Reporter, that also commemorates the men and women from across news channels who reported the days of horror for their compatriots and helped unite the country into one in the hours of grief and mourning.

    We all asked a hundred questions, vented our fury, wrote, debated, argued and fought…and then fell silent. Like we always have done…like we always do…A year later, there is yet no unified command in place with the anger, sorrow and helplessness that engulfs me like the billion people of India.

    (Anurradha Prasad is News24 Editor-in-Chief and BAG Films & Media CMD)

    (Disclaimer: The views expressed here are those of the author and Indiantelevision.com need not necessarily subscribe to the same)

  • News Channels: Sensation-fatigue, government’s attitude and regional channels will decide future content

    For noted media columnist Shailja Bajpai, her wish-list for 2008 includes cleaning up the news channels and getting back to ‘news as news should be. Or as it was in the olden days of print media and just Doordarshan’.

    The latest entrant in the Hindi news genre, Anuradha Prasad – with her News 24 – could perhaps bring some comfort to Bajpai, as Prasad has positioned her channel as one with the aim of “bringing news back to news”. But that will be one Hindi channel anew with that sort of focus from the beginning, whereas the market is in a high state of flux and for sure, eyeball journalism has been getting a better share in the space.

    A few aspects of news channels are quite married into each other and cannot be discussed separately: the growing number of channels in the genre, the issue of ethical journalism, where the advertising is going, the rating system and the government’s Content Code.

    Interestingly, though channels have taken their respective positions (which some differentiate as the ‘perception route’ Vs the ‘numbers route’), there is a lot of cross talk within the channels themselves, and thus it is that we find a Hindi channel editor talking of values of credible journalism and an English channel editor talking of the ‘robustness of Hindi news’.

    It is a melting pot on the boil and the process is not going to crystallise in the next few months, but overall, there is a sense of a lot of soul churning and of the new, just decade-old industry trying to see where it goes and how it survives – and on which formula.

    An analysis of the market share of the derided-by-some sensational (tabloid?) channels shows they have a consistent high rating, and India TV is a case especially in point, where it has become the No. 3 from a much lesser position.

    So where is the market going? Chintamani Rao, CEO, India TV has been consistent: “We are going where the people are going, that is where the market is.” And he cannot be denied this claim because of the consistent rise in the ratings of his channel.

    The other pointer in the same direction is NDTV 24/7 going FTA after the rolling out of Cas in the three metros, as it was a clear indicator that people were staying away from it if it stayed ‘pay’, despite the ‘ideological’ position of sane, serious and credible journalism.

    Hindi news channel NDTV India, despite sliding sharply on the ratings front since last April, has stuck to its ‘credible’ credo and promises to ‘stay the copurse’.

    NDTV Group CEO Narayan Rao, like his surname-sake Chintamani Rao, is consistent in his opposition to what the latter holds as the winning formula. Narayan Rao had told us during his mid-year statement on Hindi news channels: “It is a short term passing phase. In the long term, for any news channel, it is credibility and authenticity that matters. Whatever the situation is, we never opted to go down a certain route. We still have the same philosophy as we had when we conceived the channel.”

    In between comes CNN-IBN and IBN 7, in English and Hindi respectively. The statements from both Rajdeep Sardesai (Editor-in-chief for the group and directly handling CNN-IBN, and Ashutosh, Managing Editor at IBN 7 echo Narayan Rao on the issue of credibility, but are far more eager to experiment with both content and form.

    IBN 7 has brought some of the best exposes through sting journalism but says it is steering firmly away from sensationalism, whatever the cost. Ashutosh says that if it benefits society at large, he is all for stings, but “why should any politician having illicit sex in a state guest house be considered serious journalism, unless this act is coming in the way of his public functioning?”

    At the same time there is an in internal debate on what to show and for how long, and whether the sensational or even trivial has some place as ‘entertaining information and visuals’ punctuating serious news.

    For instance, one channel was showing a half hour repetitive shot of a lion hugging a man from behind the grills of his cage. The side talk at IBN 7 was, this is an interesting shot and people would like to see it, but IBN 7 would perhaps just have a 10 second take on it.

    This is where the moral debate is rooted in business terms: that eyeballs are important, but some say they will not veer a centimetre to get them, and some say a centimetre is OK if we can restrain ourselves to that. The other view is, of course, eyeballs is everything.

  • Kolkata firm picks up 12.5% stake in BAG Films

    Kolkata firm picks up 12.5% stake in BAG Films

    MUMBAI: B.A.G Films is diluting 12.55 per cent on an expanded equity to Kolkata-based High Growth Distributors (P) Ltd. for Rs 261 million.

    The production house will be making a preferential allotment of 13.07 million shares at a price of Rs 20 per share. “We have expansion plans and the funds will be utilised for this,” says B.A.G Films managing director Anuradha Prasad.
    Earlier India Bulls promoter Sameer Gehlaut acquired 25 per cent stake in B.A.G Films for Rs 262 million. On the expanded equity, Gehlaut’s holding will drop to 19 per cent.

    The promoters will have 38.39 per cent after the dilution, Prasad adds. Gehlaut’s open offer at Rs 13 per share for a further 20 per cent stake (as per regulatory requirement) would find no taker as the share price of B.A.G Films has jumped to Rs 23.

    Meanwhile, the company has decided to increase its authorised share capital from 100 million t0 125 million equity shares of Rs 2 each. The board has also given an in-principle approval to change the name of the company to B.A.G. Media Ltd or any variant thereof, subject to approvals.

    In the FM radio business run through subsidiary company B.A.G Infotainment, IDBI Bank has picked up a 10 per cent stake. The deal with Bank of Baroda for a similar stake did not conclude, says Prasad.

  • India Bulls promoter Sameer Gehlaut to buy 25 per cent in B.A.G Films

    India Bulls promoter Sameer Gehlaut to buy 25 per cent in B.A.G Films

    MUMBAI: India Bulls promoter Sameer Gehlaut is showing interest in the media business. The Delhi-based entrepreneur is buying around 25 per cent stake in TV content company B.A.G Films for Rs 262 million.

    The acquisition is through a preferential allotment of up to 20,250,000 equity shares of Rs 2 each at a price of Rs 13 per share. Gehlaut will have to make an open offer for a further 20 per cent stake which if subscribed totally, would make him the largest shareholder in the company.

    The promoters of B.A.G Films will hold around 37.5 per cent on the expanded equity. But their stake will go up after conversion as they are being issued preferential allotment of up to 10,000,000 warrants. The conversion price is fixed at Rs 13 per warrant. Gehlaut’s shareholding will also see change after the conversion.

    “Gehlaut has come in as a pure financial investor. We will be using the funds to meet our expansion plans,” says B.A.G Films managing director Anuradha Prasad.

    B.A.G Films will be investing Rs 160 million in new media and the animation business. “Besides, we will be retiring a part of our debt to Yes Bank,” says Prasad.

    B.A.G Films’ radio venture, run through a subsidiary company B.A.G Infotainment, has an investment outlay of Rs 480 million including the licence fee paid for 10 stations. B.A.G Infotainment rcently roped in IDBI Bank and Bank of Baroda for picking up 10 per cent each.

    B.A.G Films will also be issuing stock options of up to 10,000,000 equity shares to its permanent employees at Rs13 per equity share.

    The scrip touched a high of Rs 15.68 on Monday after opening at Rs 13.40. “The price of the scrip will stay firm and may see one more surge before steadying,” says an analyst in a broking firm.

  • IDBI, Bank of Baroda pick up 20 per cent in B.A.G Infotainment

    IDBI, Bank of Baroda pick up 20 per cent in B.A.G Infotainment

    MUMBAI: The appetite of Indian banks for investing in private FM radio business has begun. IDBI Bank and Bank of Baroda have picked up 10 per cent each in B.A.G Infotainment, the subsidiary company under which B.A.G Films operates its radio business.

    “We have offloaded 20 per cent in our radio company to the two banks for Rs 40 million. We are issuing the shares to them on par value,” B.A.G Films managing director Anuradha Prasad tells Indiantelevision.com.
    B.A.G Infotainment will also be diluting an additional 20 per cent to a foreign private equity investor at a higher valuation. The promoters of B.A.G will keep the remaining 60 per cent with them.

    “We are in advanced negotiations with private equity investors for parting with 20 per cent equity at a higher premium. We hope to finalise the deal soon,” says Prasad.

    The government regulation makes it mandatory for the promoter of private FM radio stations to have at least 51 per cent holding in the company. “We could have diluted a further nine per cent but have decided to keep it with us,” says Prasad.

    B.A.G has earmarked an investment of Rs 480 million for its radio business. The company has already pumped in Rs 140 million including Rs 50 million towards licence fee for the 10 radio stations it plans to operate in.

    The company will kick off its first radio station in March, says Prasad. The stations it has successfully bid for include Patiala, Hissar, Karnal, Simla, Ahmadnagur, Jalgaon, Dhule, Ranchi, Jabalpur and Muzaffarpur.

    “We have already lined up 1000 hours of programming. We have ordered for the equipment and are on track to launch the stations as per schedule,” says B.A.G Infotainment chief operating officer Rajiv Mishra.