Tag: Balaji Telefilms

  • Dangal to tap its regional channels for Prem Bandhan promotions

    Dangal to tap its regional channels for Prem Bandhan promotions

    MUMBAI: Hindi GEC Dangal TV, a part of Enterr10 Television, is all set to entertain viewers with its latest offering, Prem Bandhan. Produced by Balaji Telefilms, the show stars Chhavi Pandey and Manit Joura as the protagonists. Prem Bandhan is a story about an independent girl who has the responsibility of her family on her shoulders, how she comes to a crossroads and ends up marrying a businessman with a mysterious past. The show has a very optimistic outlook on how one can convert a disadvantage into an advantage. Prem Bandhan will debut on 30 November 2020, and air Monday to Saturday at 7:30 pm only on Dangal TV.

    It is directed by Vikram Ghai, while Nikita Dhond and Sambhav Khetarpal are the screenplay writers. The story is written by Srinita Bhoumick and the director of photography are Dinesh Sinha and Alamghir Sheikh.  
     
    Dangal TV programming head Prashant Bhatt was of the view that now is the best time for the channel to come up with original content. The idea of the show was conceived by Ekta Kapoor. She was keen to create a story where disability is not looked down upon by society and how a person emerges stronger even in trying times. Bhatt shared that his association with Kapoor dates back to 1995. He started his career as a writer for Balaji Telefilms’ Captain House which aired on DD Metro. Once again collaborating with Ekta Kapoor for Prem Bandhan was like working on home ground for Bhatt. 

    For Prem Bandhan, the channel has formulated robust marketing initiatives to drive the brand experience across locations. The show will be simulcasted across the network.

    Enterr10 Television marketing communications head Vishesh Verma added, “We have an integrated marketing plan in place that will further push the show in the right direction and amplify its reach. While we are strong in our digital space, we will also be looking at other mediums as well. We will also focus on innovative communication given the current scenario to maximise reach and drive engagement.”

    Social media will play a key role in creating more buzz around the show. 

    Verma has clarified that the network is not cutting down marketing budgets for marketing and promotional activities. However, considering the pandemic, the channel will not look at OOH medium for promotions. Instead, it will utilise the network’s strength and seek help from Enterr10 Television’s regional channels to create buzz. “Most of the innovations will happen through promos and our radio spots will be unique,” he added.

    As far as content strategy for the channel is concerned, Bhatt revealed that data and surveys just act as a guiding tool but what really works for him is gut instinct. The main focus is to create an engaging story that reaches out to the masses. It has to strike a chord with the audiences. According to Bhatt, more than consumers or viewers, broadcasters should refer to them as people, who have their distinct lifestyles and viewing patterns. It is very important to understand the person behind the viewer and that is what Dangal exercises. The basic strategy is about showcasing a story about the country and the people of that country.

    A major chunk of Dangal’s audience belongs to tier-2 and tier-3 cities, and the dedicated target audience is 15 to 35 years old including both male and female. He shared that the channel’s recently launched show Devi Aadi Parashakti is witnessing an upward trend, whereas Aye Mere Humsafar – which lies in the very competitive time slot of 7 pm – is also doing fairly good in terms of viewership.  

    “Amidst all the challenges, Dangal has positioned itself quite well in 2020, we have a very enviable reach and a loyal viewer base. We wanted to entertain audiences by providing them original content. The responses for both our shows Aye Mere Humsafar and Devi Aadi Parashakti are very positive. As compared to other broadcasters, we have only two originals. We are taking baby steps but yes, we are moving in the right direction,” concluded Bhatt.

  • Zee TV is back with season 2 of fantasy thriller ‘Brahmarakshas’

    Zee TV is back with season 2 of fantasy thriller ‘Brahmarakshas’

    MUMBAI: Zee TV is all set to whisk off its viewers into a world of fantasy with another intriguing season of its immensely successful weekend thriller, Brahmarakshas. Produced by Balaji Telefilms, the show will bring a unique and fascinating narrative inspired by the folklore about the Brahmarakshas, who has returned with twice as much power and is on a mission for immortality.

    The show premieres on 22 November 2020 and will air every Saturday and Sunday at 9 pm on Zee TV.

    Set against the backdrop of Ambala, the show follows the journey of an ordinary young girl, Kalindi whose destiny gets entwined with the most ferocious evil force that has ever awakened. It turns out Kalindi was born under a peculiar birth star that makes her special and as a result, the Brahmarakshas needs her in order to accomplish his mission of attaining immortality. Kalindi’s only source of strength is her love for her partner, Angad. As she navigates and manoeuvres her way through the world of evil and her own ordinary life, Kalindi finds herself up for a gruelling battle to protect the people she truly cares for.

    Essayed by the young and vivacious actress Nikki Sharma, Kalindi is a strong-willed 21-year old woman with a simple dream to complete her graduation and bag a dream job. Oblivious to her own beauty and charm, Kalindi does not pay heed to the attention she gets from several rich men until she falls in love with Angad, portrayed by popular television actor Pearl V. Puri. Much in contrast to Kalindi’s personality, Angad is a highly successful but also a flirtatious, rich, good-looking man whose magnetism often makes him the centre of attention amongst several women. While his perspective towards love and life changes once Kalindi enters his life, the latter’s journey takes an unexpected turn when the evil Brahmarakshas creates a roadblock in their love story. Will Kalindi be able to protect her love and her life from the evil shadows of the Brahmarakshas? Watch the show to find out!

    Zee TV business head Aparna Bhosle said, “Season one of Brahmarakshas received an overwhelming response as it offered our viewers an escape into the world of fantasy and intrigue. Brahmaraskshas, as a concept, has been passed down generations in India as it is a part of our folklore. While not everyone knows enough about the Brahmarakshas, research indicates there is a natural curiosity amongst audiences to find out more as people associate the space with thrill, fear and excitement. It offers us a great canvas for fascinating storytelling and narrating an evocative good versus evil story. We’re happy to partner with Balaji Telefilms in presenting this weekend thriller that is bound to add a fresh and interesting dimension to our weekend primetime.”

  • Colors launches new social drama, ‘Molkki’

    Colors launches new social drama, ‘Molkki’

    MUMBAI: All she ever wanted was her freedom: to learn, to dream, to study and to empower others, and to truly love someone. But all her dreams and aspirations shattered when she was tagged as a ‘sold bride’- a molkki. Colors presents yet another hard-hitting concept, a family drama, Molkki, that outlines how the skewed sex ratio led to the bride buying custom which is still prevalent in Haryana. It’s the story of 19-year-old Purvi, who is a mol ki dulhan, which means a bride bought in exchange for money. The show follows the relationship of Purvi and Virender Pratap Singh who are bound by this custom and find themselves in a transactional relationship. From the house of Balaji Telefilms, Molkki will premiere on 16 November and air Monday to Friday at 10 pm only on Colors.

    Viacom18 Hindi mass entertainment and kids TV network head Nina Elavia Jaipuria said, “At Colors, we have always believed in the power of storytelling and the impact that it can create. Over the years, through powerful stories like Balika Vadhu, Udaan, Shakti, Barrister Bahu, we have highlighted pertinent social issues. Taking forth this tradition, we bring to you a family drama series set against the lesser-known custom of bride buying. Molkki will chronicle the journey of Purvi, who falls prey to this custom, is married to a widower twice her age but fights it all in her stride.” 

    The story of Molkki revolves around Purvi (played by Priyal Mahajan), an upright girl with a strong moral compass, who is unknowingly sold as a bride to a sarpanch, a man twice her age, Virender Pratap Singh (played by Amar Upadhyay). Purvi is a self-sufficient, headstrong girl who has always made sure she paved her way in life. She paid for her education by tutoring kids and never footed for any privileges. On the other hand, Virender Pratap Singh is still overcoming his first wife's death and is soaked in the guilt of not being a part of his kids’ life while in their growing up years. But now that he has married for a second time to a bought bride, he does not view it as a real relationship. Transporting viewers to Haryana, Molkki reflects on how Purvi finds her space in society, wins the respect of the people around her, and manages to establish a relationship based on trust and mutual respect with her much-older husband. But will she be a wife, a mother or will she forever be just a bought bride? Will a relationship born out of a money deal, blossom into love?

    Viacom18 hindi mass entertainment CCO Manisha Sharma said, “With this show, the aim is to continue giving our viewers variety of entertainment with path breaking concepts and engaging story plots.”

    Balaji Telefilms producer Ekta Kapoor said, “At Balaji Telefilms, we have always worked on presenting stories that are realistic, relatable and have a high entertainment quotient. Molkki is one such show that puts the spotlight on the custom of buying brides that is prevalent in India even today. We are happy to be partnering with Colors who are known to present such hard-hitting and socially relevant topics, and I am sure that the viewers will admire this unique story.”

  • ALTBalaji clocks four million plus subscribers in Q2 FY21

    ALTBalaji clocks four million plus subscribers in Q2 FY21

    KOLKATA: Although the first two quarters of FY21, have been weaker than FY20 for  content powerhouse Balaji Telefilms due to the pandemic, its digital arm has been far more resilient during the crisis. The platform has seen a very marginal dip in revenue in Q2 FY21  compared to the previous  quarter but its direct subscription revenue has almost doubled compared to corresponding quarter last year. This was disclosed by the management during an investor earnings call on Tuesday.

    It was further disclosed that Alt Balaji currently has a subscriber base of between four-five million; however, it’s churn rate at 50 per cent is a bit worrisome. It has an average revenue of Rs 140-150 per user annually, even as it added net 9,000 subscribers daily in Q2 FY21. 58 per cent of its viewers are coming from small town India and the hinterlands, with remainder coming from the metros, the company said in its presentation. International subscriptions too saw an uptick in the latest quarter.

     The company has already indicated in the last quarter that it is expecting to break even in Q4 FY21; that may be pushed forward to Q1FT22 courtesy the uncertainties around Covid2019. But on the basis of current numbers in its balance sheet, it hopes that the P&L breakeven would be achieved within Q4 itself. The ALTBalaji management highlighted, during the call,  that the platform is cash positive in terms of revenue.

    Total revenue for ALTBalaji stood at Rs 14.7 crore for Q2FY21  compared to Rs 14.9 crore in the previous quarter. ALTBalaji has maintained a continued yearly growth in revenue since its launch. While it ended the last fiscal year with Rs 77 crore in revenue, the management stated in the call that it is on track to improve by 40-50 per cent this year. So far it has managed to rake in Rs 29.58 crore in terms of revenue in H1 FY21, while incurring Rs 86.96 crore in expenses of which production accounted for 46.15 crore.

    Moreover, it has significantly lowered its customer acquisition cost. The ZEE5 deal which will be carried till March 2022, contributed Rs 2.5 crore in its latest quarter and Rs 2.6 crore for H1FY21. Its international business also contributed Rs 1. 75 crore to direct subscription revenue this quarter.

    Since its launch, the company has altered its content strategy based on customer insights. While it initially focused on the urban mass market, now a significant portion of its content is targeted at tier-II, tier-III cities. Currently, it is looking at Hindi markets predominantly but may include one regional market in  the next 12 months.

  • Balaji Telefilms sees stronger Q2 FY21

    Balaji Telefilms sees stronger Q2 FY21

    KOLKATA:  The Ekta Kapoor headed content production house Balaji Telefilms on Monday reported a consolidated revenue of Rs 78.3 crore in the second quarter, up 123 per cent from Rs 35.05 crore in the first quarter. The company has narrowed down EBIDTA to a negative Rs 12.4 crore from the negartive Rs 26.3 crore in the previous quarter. The company has posted a net loss of Rs 19.5 crore again an improvement over Rs 27.9 crore in Q1 2020.

    In a regulatory filing, Balaji Telefilms has stated that content production has resumed slowly leading to higher production cost of Rs 60.5 crore. 176.5 hours of TV content have been produced in the quarter. Six shows were on air during the quarter and the company is expected to launch two new shows in the coming quarter.

    “This quarter we took steps to restore our content production activity and have slowly returned to more normal levels of TV content production. The teams are adapting to the new processes of shooting and I am confident we will adapt quickly given our strength and successful track record. Our digital businesses had limited fresh content during the quarter but we have managed to get better engagement using our library of over 65 original shows. We will soon restart adding more shows to the platform as shows are ready for launch. Overall some of the cost optimization programs initiated should continue to allow us to see strong profitability as our operations return to pre-COVID levels,” Balaji Telefilms managing director Shobha Kapoor said.

    Total Revenue for ALTBalaji stood at Rs 14.7 for the quarter compared to Rs 14.9 in the previous quarter. The OTT platform has witnessed a marginal uptick in international subscriptions as it is gaining traction globally. While average daily subscriber addition in the quarter has stood at 9000, average revenue per user (ARPU) remains between Rs 140 to Rs 150 a year.

    The direct subscription revenue has witnessed a marginal de-growth as the country has slowly opened up and customers are returning back to work and social commitments. Moreover, revenue from its Zee5 deal has also resumed in the quarter. As there has been a huge change in content consumption trends, the recent lockdown has accelerated the shift of consumer base from tier 1 into non-metro and tier II or tier III towns and cities. 

  • ALTBalaji acquires 17.5 per cent stake in Tring

    ALTBalaji acquires 17.5 per cent stake in Tring

    KOLKATA: ALTBalaji has acquired 17.5 per cent stake in the online celebrity digital engagement platform, Tring. With this investment, Tring’s valuation rose to about Rs 100 crore in the short period since its inception earlier this year.

    The celebrity shout-out and engagement platform was started in February 2020 by Akshay Saini, Rahul Saini and Pranav Chabhadia. Tring has over 2000+ celebrities and offers a wide range of digital services like personalized video shoutouts/messages, live video calls, DMs on Instagram, etc. for two-way engagement between celebs and their fans.

    As part of this transaction, ALTBalaji will be entitled to appoint one board member to represent them on the board of B. D. Inno Ventures Pvt. Ltd. (the parent company of Tring). The investment reinforces ALTBalaji’s presence in the lucrative celebrity commerce business in India.

    Commenting on the new development, Balaji Telefilms Ltd joint managing director Ekta Kapoor said, “Having been in the business of entertainment for more than two decades now, we value the bond between celebrities and their fans. Both ALTBalaji and Tring work with talent and try to bring them a step closer to their fans and vice-versa. We believe this synergy will work in favour of both the brands and help each other widen our reach.”  

    Balaji Telefilms Ltd managing director Shobha Kapoor said, “This investment in Tring allows us to better connect with audiences across India. The team at Tring has done a tremendous job in such a short period, and we are confident that with our investment and support, they will scale much faster, bringing audiences closer to the celebrities they adore.”

    Speaking on this investment round, Tring co-founder Akshay Saini said Balaji’s  investment in Tring will help the platform continue its market penetration and better reach the masses. “We have just begun, it is day one,” he added.

    Tring’s existing investors include ace-photographer and movie producer Atul Kasbekar, along-with industry-leaders and super angel investors viz. Kalyan Krishnamurthy CEO Flipkart, Sujeet Kumar CEO Udaan, Gaurav Munjal CEO Unacademy, Roman Saini, Hemesh Singh, Sumit Jain, Dinesh Godara (Founding team Unacademy), Keshav Sanghi (Ventureworks India), Dalbir Saini (Chairman BDI Group) amongst others.

  • ALTBalaji seeing rapid uptake in tier II & III cities during post-Covid period

    ALTBalaji seeing rapid uptake in tier II & III cities during post-Covid period

    KOLKATA: Going beyond the initial metro syndrome, over-the-top (OTT) platforms in India are seeing massive adoption in tier II, tier III cities, and even in rural areas. The massification is happening faster than it was predicted courtesy to content in Indian languages, better bandwidth, easier payment options. Meanwhile, homegrown platforms are becoming more relevant in the game.

    Unlike many other platforms, which had to tweak their content strategy, pricing models to attract the new section of OTT users, ALTBalaji has always focused on mass India. The strategy is reaping good results as the platform is seeing a rapid uptake of the platform in tier II and tier III cities post-Covid period.

    “As India is a price-sensitive market, we think consumers from tier II and tier III cities will need a very affordable price proposition and therefore our focus is on converting these first-time samplers into avid subscribers of premium content on the platform. ALTBalaji with its less than a rupee a day pricing has been successfully meeting this challenge and it is one of the lowest-priced video streaming players in the market, this has allowed us to quickly penetrate and grow our reach,” ALTBalaji management said in an earnings call after q1 results. 

    “Viewers spend an average of 60 minutes and 90 minutes per week in metros and non-metro markets respectively, the highest in its category in 2019, this trend continues in quarter one FY2021,” it added. According to a report from RedSeer Consulting, the OTT consumption to see 80 per cent share from tier I, tier III cities and rural areas by 2022.

    While ALTBalaji has recently made a strategic investment in fan connect platform Tring, one of the main reasons lies in the fact that the latter also wants to target tier II, tier III cities. “The synergies for this are the fact that both of us are in the area of getting onscreen talent and more importantly both Tring as well as Balaji want to target Tier II and Tier III cities of India. So, I think that is the synergy, it is kind of a talent representation business and we work with talent and so does Tring,” the management commented.

    At the beginning of the lockdown, the platform’s subscriber addition zoomed to 14000-15000 per day. However, due to lack in fresh content and the initial phases of unlock,  the number has come down to 10000 per day which is at per with pre-Covid period. However, the platform currently has 1.5 million active user base with a churn rate of 66 per cent.

  • Balaji Telefilms elaborates how pandemic hit

    Balaji Telefilms elaborates how pandemic hit

    KOLKATA: The complete shutdown of more than three months has had a sizeable impact on television and movie content creators. Although there has been a notable surge in TV viewing, leading broadcasters are also staring at huge losses as brands have limited their ad spends. In an earnings call, Balaji Telefilms management said that there would be a renegotiation with broadcasters. 

    “We will all have to take a small cut in our end prices but I think we are trying to compensate that by also reducing the cost so that we get closer to the gross margins of this year. It will be a little late than what was there in the financial year that just ended but we are trying to make that good by putting more volume,” the management stated. 

    Balaji Telefilms Ltd had witnessed a sharp decline of Rs 18 crore on the television business side in the Q4 of last financial year. While the pandemic induced crisis started towards the end of the quarter, the production house attributed Rs six crore to the Covid2019 crisis.

    When the industry started feeling the heat of the pandemic, Balaji Telefilms joint managing director and creative head Ekta Kapoor announced that she would forgo a year’s salary of Rs 2.5 crore. Later, several reports floated in late April that it would cut three months salary of their employees. The management mentioned that the salary bill was down to 50 per cent from where it was in pre-Covid2019 time in April, May and June. 

    While production cost was non-existent in that period, it is looking at an overall reduction of minimum 10 to 15 per cent in the production cost both on the digital and television side. “But this has to be measured on a week-to-week basis in the first two weeks of starting production. We are on track and we will keep you updated on how these cost-cutting measures take shape as the year goes on,” the management also mentioned. 

    “All the content that we put on ALTBalaji is for individual audiences whereas our movies and television are for family audiences. Given that theatres are not going to open too soon we will have our business model skewed more towards digital releases, especially for films that cost less than around Rs 25 crore to Rs 30 crore,” it added. 

    The management also addressed the query on finding investors, which was reported earlier by a publication. Although it did not clarify it did not refute it altogether as well. ”We have a roaring digital future. We keep getting enquiries from investors to invest in our platform but we are still holding our horses because we feel we have not reached the peak of our potential and it is going to be an opportunity in this crisis that we are fully poised to exploit in the remaining months of the financial year,” the management said. 

  • ALTBalaji witnesses a significant growth in the subscription base

    ALTBalaji witnesses a significant growth in the subscription base

    KOLKATA: One of the major players in the OTT space – ALTBalaji (India’s leading homegrown OTT platform) has witnessed higher engagement with the platform, with consumers watching more shows, including older library content that offers a bouquet of different genres of content spread across 62 original shows.

     Understanding the changing OTT behaviour in urban towns v/s rural places, the percentage of traffic observed from top eight metros including Delhi NCR, Mumbai, Pune, Bengaluru, Jaipur, Ahmedabad, Hyderabad, and Kolkata during the fourth quarter is 44 percent as compared to viewership from non-metros, tier 2 /tier 3 towns, and cities, which equals to 56 percent. It translates to an increase in subscriber base from the hinterlands, with them spending more time on the platform hence providing a dual advantage.  

    ALTBalaji CEO and Balaji Telefilms group COO  Nachiket Pantvaidya said, “There has been substantial growth in the subscription of ALTBalaji even before the lockdown had begun and more importantly during the three months of lockdown. As per statistics, India’s tier two and three towns have seen an upswing of internet users that has been hugely beneficial to the OTT platforms." .”

     There’s no denying the fact that there has been tremendous growth in digital consumption, especially during the Covid-19 lockdown. Naturally, there has been a huge spike in the OTT subscription by the content-hungry populace.

     He further added, “The last few months have been beneficial, in terms of content and subscribers’ growth. The growing demand for new seasons of the popular shows including, Baarish 2 and KehneKoHumsafarHain 3, among others, have also added to the brand popularity. Post lockdown, the target is to launch two shows every month, and we have got around 10-12 shows that are in various stages of production. We are the No 1 player with 62 original shows in various genres, and we will continue fuelling that position by putting more shows on our platform.” 

    According to a recent survey, the percentage of increasing internet users in rural areas is surprisingly more than the urban cities. The latest report by the Internet and Mobile Association of India (published in Times of India) suggests that rural India had 227 million users, 10 per cent more than urban India’s about 205 million.

  • Fire breaks out on the set of Balaji Telefilms’ ‘Kumkum Bhagya’

    Fire breaks out on the set of Balaji Telefilms’ ‘Kumkum Bhagya’

    MUMBAI: A fire broke out on Saturday on the set of Ekta Kapoor’s show Kumkum Bhagya. The daily soap telecasted on Zee TV is produced by Balaji Telefilms.

    The shooting of the TV series takes place at Killick Nixon. Earlier, the studio was shut down for a few days after Kasautii Zindagii Kay actor Parth Samthaan tested positive for Covid2019. However, the shooting of the shows resumed after a break of three days.

    As per media reports, a major fire broke out at the set, but according to an entertainment portal, the incident happened due to short circuit.

    Shooting was in  progress when the fire broke out. Fortunately no one was injured and the cast and crew were moved to safety.

    Television actress Sriti Jha, who plays the main protagonist Pragya in the show Kumkum Bhagya has shared that she is absolutely safe after a fire broke out on the show’s sets.

    Kumkum Bhagya also stars Shabir Ahuwalia, Mugdha Chaphekar and Krishna Kaul in the main lead.