Tag: Chandra

  • NDTV readies for Profit relaunch

    NDTV readies for Profit relaunch

    MUMBAI: When things are going ok, you still need to fix them to make them fabulous, is an adage some business executives believe in. And that’s exactly what the folks at newscaster NDTV group’s NDTV Profit are doing. On the cards, is a total rejig of the business channel’s FPC – the only thing it will happen post 4 p.m. when business prime time and coverage of the stock market ends.

     

    Says NDTV Group CEO Vikram Chandra: “We have been thinking of revamping NDTV Profit for a while. Though it is good to have business shows during the day, there isn’t much interest in the channel, once business prime time ends at 4 p.m.”

     

    Most business news channels air magazine programming which is related to technology, property and automobiles. And Chandra wants NDTV to refrain from doing just that, he wants programming in the entertainment space to be added on. One show that will continue to be on the channel is The Property Show.

        
    Sources indicate that external and independent TV producers are being called in to pitch in with ideas for programming the late evening slots. Among the business models being considered is the airtime barter model wherein producers and brands can buy time slots and get advertising time in exchange for programming, something which channels like DD and Sun TV have been doing rather profitably. Sources have also said that some programs will also be commissioned for the new channel.

     

    The ‘NDTV Profit’ name is also likely to give way to another moniker. A date has not been set yet, but Chandra says that in the next three or four months, a brand new channel should be up and running. Though he refrained from giving specific details he did say “It will be a completely new channel in the evening. It will stay as a business channel during the day time.”

     

    Some changes have already taken place. For instance, NDTV Profit has over the past months or so put together a special band from 9 to 11 p.m. calling it NDTV Classics. The best episodes of some of its old shows such as The World This Week, 24 hours, Ravish ki Report and Reality Bites are being featured under NDTV Classics.

     

    Chandra says that the reason for telecasting them are two-fold: provide an interim base for the transition process as well as celebrate the completion of 25 years of the NDTV group. “A lot of people have been requesting us to air our old content. It serves two purposes this way,” he says. What he has not mentioned is that it is helping keeping the channel’s costs lower and possibly improving its bottomline. That’s profitable thinking.

  • Chandra, Carey to attend APOS 2013 pay-TV summit

    Chandra, Carey to attend APOS 2013 pay-TV summit

    MUMBAI: Media moghul Subhash Chandra and News Corp president COO Chase Carey are among the executives who will attend the fourth annual Asia Pacific Pay-TV Operators Summit (APOS).

    Taking place from 22 – 24 April in Bali, it is being organised by Media Partners Asia. APOS (www.visitapos.com) is a regional event for TV and broadband industry executives with intent to drive bold thinking, strategy, deals and policy.

    Media Partners Asia executive director Vivek Couto said, “Both emerging growth markets and mature, value geographies in Asia Pacific are increasingly vital to future of strategic global majors This year‘s APOS is a testament to this trend while the line-up and themes are also a significant nod to the growing aspirations of leading local players with currency to expand in domesticand international markets.”
     
    Other speakers include SES president, CEO Romain Bausch, CJ HelloVision CEO DS Byun, Saban Capital Group president, COO Adam Chesnoff, Foxtel CEO Richard Freudenstein, KT Media Hub CEO Joosung Kim, Hathway Cable & Datacom CEO Jagdish Kumar, Multi Screen Media CEO Man Jit Singh and NBCUniversal International Television president Kevin MacLellan.

  • Zee to launch English news channel targeting Gulf

    Zee to launch English news channel targeting Gulf

    NEW DELHI: Zee Telefilms chairman Subhash Chandra today announced his group’s entry into the English news channel space.

    Zee will be launching an English news channel for the GCC (Gulf Cooperation Council) countries and the channel will be headquartered in Dubai, Chandra said, at a media briefing in New Delhi.

    “The news channel for the GCC countries should be on air in the first quarter of 2007, Chandra said.

    The Gulf foray with a news channel follows Zee Telefilms’ forays into Russia, China and Indonesia in recent times.

    Chandra also admitted that work is continuing on a global news channel that will present to international audiences the Asian/Indian perspective.

    “The same way CNN and BBC present the American and British perspective, it’s my dream to have an English news channel to present the Asian and Indian perspective,” he added, reminding all that he had announced the initiative two years ago.

    In Indonesia, the Zee channel’s content is sourced from the flagship channel Zee TV library and localised with Bahasa Indonesia dubbing and Bahasa Melayu subtitling, to reflect the different language, lifestyle and viewing habits of audiences in the three countries Indonesia, Malaysia and Brunei.

  • Chandra exhorts industry to sink differences

    Chandra exhorts industry to sink differences

    NEW DELHI: While exhorting broadcasting industry to sink differences for collective benefit, Zee Telefilms chairman and maverick media entrepreneur Subhash Chandra today posed several issues before the government and sector regulator, including level playing field vis-à-vis telecom companies.

    “Let us all work together for long term benefits as blaming each other will not help. Let us work in partnership,” Chandra appealed to various constituents of the industry while delivering a keynote address at the India Broadband Digital Networks Forum organized here by Indiantelevision.com and Media Partners Asia. 

    Citing the example of CAS, Chandra wondered if all the stakeholders felt that addressability is good for the industry, how come it hasn’t yet become a reality in India.

    “Simply because vested interests (including broadcasters and cable fraternity) worked against CAS’ implementation since 2003,” Chandra said.

    Though he sought a more liberal regulatory regime both in terms of pricing and policies in the presence of I&B secretary and Trai chief , he agreed with both of them that comparison of the Indian market with the likes of US and UK is uncalled for as the former has its own needs and peculiarities.

    “If we had followed the American model, it would have needed investments worth $ 150-200 billion to bring the cable TV market to a level it now enjoys in terms of penetration, revenue and employment generation in India,” Chandra said.

    Earlier, information and broadcasting secretary SK Arora in his keynote address made a fervent pitch for digitalization of broadcasting services, which is imperative to keep pace with global trends and changing business models of media companies.

    “In terms of size and magnitude, the potential of the Indian broadcasting industry remains…and it’s quite a challenge to identify the impact that emerging technologies would have on business models of companies,” Arora said.

    Pointing out that India needs to design its own “solutions” keeping in mind the socio-economic scenario (read good services at low prices), Arora said regulations would be guided by the principle that “consumer is king.”

    According to the government official, in the 11th Five-Year Plan, the work on which is presently underway, the government is attempting to address the issue of digitalisation through “public-private partnership.”

    “We are encouraging and nudging them (the industry players) to move towards digitalisation,” Arora said, adding the first phase of it is expected to be completed by 2010 coinciding with Delhi playing host to the Commonwealth Games.

    Concurring with Arora, Telecom Regulatory of India (Trai) chief Nripendra Misra said arrival of digital technology, which gives more choice to consumers, and rapid convergence of services like telecom, infotech and broadcasting were two major trends of the television industry.

    However, Misra admitted that unregulated growth and lack of addressability had thrown up its own problems for the broadcast and cable industry.

    In such a scenario, DTH and CAS will have far-reaching impact on the industry, Misra said.

    Unfazed by widespread criticism of some pricing diktats of Trai earlier, Misra said that the regulator’s endeavour is to spread level playing field for all and formulate policies that are based to encourage efficiency, financing, development and equality.

    Though he admitted various legal lacunae is hampering a move towards unified licencing (whereby one single licence would enable delivery of telecom and broadcast services) at present, he envisaged in future cable networks might provide telecom services and give competition to telecom companies.

    “Convergence is being seen as an opportunity (in India)…but any development globally has to be seen in the Indian context,” Misra said, adding Trai will be coming out soon with a consultation paper on IPTV again.

    Meanwhile, at the start of the event, Indiantelevision.com founder and editor-in-chief Anil Wanvari and MPA executive director Vivek Couto gave a snapshot of the Indian broadcast industry and the trends that have emerged over the last few years increasingly leading towards convergence.

    The morning session was attended by industry luminaries and senior government officials, including John Malone-controlled Liberty Media board member Shane O’ Neil.

  • Chandra to pump in Rs 7.5 billion into WWIL, Dish

    Chandra to pump in Rs 7.5 billion into WWIL, Dish

    MUMBAI: Subhash Chandra has big investment plans for the two de-merged entities of Zee Telefilms Ltd (ZTL). Wire and Wireless (India) Ltd. and Dish TV, engaged in the cable TV and direct-to-home (DTH) businesses respectively, will together be pumping in Rs 7.5 billion to fund their expansion plans.

    WWIL will have an investment requirement of Rs 5 billion over the next three years to give a big push to digitisation of cable TV, broadband and voice services. The cable company also expects to rope in an investor. “WWIL has a business plan which would take in an investment of Rs 5 billion over three years. The strategic thrust will be on rollout of digital cable. We are also looking at triple play offerings. We have a network which can be made available to telecom operators for voice,” Essel Group chief executive officer of corporate strategy and finance Rajiv Garg tells indiantelevision.com.

    WWIL is looking at a debt-equity ratio of 1:1. “The net worth of the company currently is not that strong to support that sort of debt. We would like a 1:1 debt-equity ratio,” Garg says.

    Operating revenues from ZTL’s cable line of business stood at Rs 1.5 billion for the fiscal ended 31 March 2006 while net profit was at Rs 7 million.

    For Dish TV, the DTH outfit, there is a Rs 2.5 billion investmen plan over the next two years. The net expenses for DTH operations thus far is Rs 3.8 billion, says Garg. “We project a gross revenue of Rs 3.2 billion from our DTH business in FY07. We aim to have 2.4 million DTH subscribers in the fiscal while the average revenue per user (ARPU) should go up from Rs 190 to Rs 250 a month because of the launch of value-added services,” he adds.

    The operating revenues for the DTH business stood at Rs 818 million in FY06. On the back of subsidies and marketing expenses, the DTH operations incurred a loss of Rs 790 million during this period.

    The de-merged DTH and cable companies are likely to opt for an initial dilution of up to 26 per cent to investors. They are open to both private equity and strategic investors.