Tag: CNN

  • ‘CNN Style’ launches on CNN International from 9 April

    ‘CNN Style’ launches on CNN International from 9 April

    MUMBAI: ‘CNN Style’ is coming to TV screens from 9 April, 15 years after the iconic Elsa Klensch was last on the network, and on the back of style being reimagined for the digital age in 2015 with the launch of cnn.com/style.

    The first 30-minute monthly CNN Style show will air on CNN International from 9 April fronted by journalist and author Derek Blasberg. With exclusive access to the biggest names and events, Blasberg will bring the worlds of art, luxury, fashion, autos, architecture and design to life for CNN’s global audience. He will build on the unique legacy of style on CNN – epitomised by the iconic Elsa Klensch who defined style for viewers around the world for over 20 years.

    In 2016, ‘CNN Style’ will be at the definitive events in the style calendar – biennales, expos, fashion weeks, design festivals. The launch episode focuses on the contemporary art world, set against the backdrop of Asia’s pre-eminent international art fair, Hong Kong Art Basel.

    The show has a lot offer. For example, in her first major international TV interview in almost two years, the undisputed queen of the art world Sheikha Al Mayassa Bint Hamad Bin Khalifa AL- thani, sister of the Emir of Qatar and chairman of the Qatar Museums, speaks to CNN about her role in preserving and growing the family’s extraordinary collection of art.

    ‘CNN Style’ isn’t just a monthly TV show – its multi-media content will feature right across the CNN International network, with new segments and reports all under the ‘CNN Style’ banner. The first of these will be The Invitation – a regular feature that will air in prime time shows CNN Today and The World Right Now with Hala Gorani. Starting on April 20, CNN invites viewers to experience the personal workspace and headspace of the world’s most celebrated creatives, the homes they design, the runways they furnish, the exhibition spaces they fill.

    The return to TV follows the successful launch of ‘CNN Style’ on digital in July 2015. Since then, cnn.com/style has become a global destination that has collaborated with guest editors from Olivier Rousteing to Daniel Libeskind and Glenn Lowry, commissioned stylised content for CNN digital platforms and direct to social media, attracted a range of luxury advertisers and built a large audience with an average of 5.5 million unique users every month.

    Ellana Lee, Senior Vice President, CNN International, said; “We are taking inspiration from CNN’s rich past in style and reverse engineering the DNA from our hugely successful digital product to bring ‘CNN Style’ to TV viewers worldwide. With Derek Blasberg at the helm, our mission is to interview the most interesting people at the definitive events. This will be a surprising and elegant journey through the concepts and worlds of style.”

    Derek Blasberg said: “Style is so much more than getting dressed, or looking at pictures on a wall. Artistic expression comes in a variety of mediums and is an international, multi-billion dollar a year industry. What I’m excited about with ‘CNN Style’ is peeling back the layers of the worlds of art, architecture and design, and taking hard looks at the fashion, luxury and automotive industries to show how they affect the world at large. My career has introduced me to creative people from all walks of life, and it’ll be a pleasure to bring them to viewers around the world.”

     

  • ‘CNN Style’ launches on CNN International from 9 April

    ‘CNN Style’ launches on CNN International from 9 April

    MUMBAI: ‘CNN Style’ is coming to TV screens from 9 April, 15 years after the iconic Elsa Klensch was last on the network, and on the back of style being reimagined for the digital age in 2015 with the launch of cnn.com/style.

    The first 30-minute monthly CNN Style show will air on CNN International from 9 April fronted by journalist and author Derek Blasberg. With exclusive access to the biggest names and events, Blasberg will bring the worlds of art, luxury, fashion, autos, architecture and design to life for CNN’s global audience. He will build on the unique legacy of style on CNN – epitomised by the iconic Elsa Klensch who defined style for viewers around the world for over 20 years.

    In 2016, ‘CNN Style’ will be at the definitive events in the style calendar – biennales, expos, fashion weeks, design festivals. The launch episode focuses on the contemporary art world, set against the backdrop of Asia’s pre-eminent international art fair, Hong Kong Art Basel.

    The show has a lot offer. For example, in her first major international TV interview in almost two years, the undisputed queen of the art world Sheikha Al Mayassa Bint Hamad Bin Khalifa AL- thani, sister of the Emir of Qatar and chairman of the Qatar Museums, speaks to CNN about her role in preserving and growing the family’s extraordinary collection of art.

    ‘CNN Style’ isn’t just a monthly TV show – its multi-media content will feature right across the CNN International network, with new segments and reports all under the ‘CNN Style’ banner. The first of these will be The Invitation – a regular feature that will air in prime time shows CNN Today and The World Right Now with Hala Gorani. Starting on April 20, CNN invites viewers to experience the personal workspace and headspace of the world’s most celebrated creatives, the homes they design, the runways they furnish, the exhibition spaces they fill.

    The return to TV follows the successful launch of ‘CNN Style’ on digital in July 2015. Since then, cnn.com/style has become a global destination that has collaborated with guest editors from Olivier Rousteing to Daniel Libeskind and Glenn Lowry, commissioned stylised content for CNN digital platforms and direct to social media, attracted a range of luxury advertisers and built a large audience with an average of 5.5 million unique users every month.

    Ellana Lee, Senior Vice President, CNN International, said; “We are taking inspiration from CNN’s rich past in style and reverse engineering the DNA from our hugely successful digital product to bring ‘CNN Style’ to TV viewers worldwide. With Derek Blasberg at the helm, our mission is to interview the most interesting people at the definitive events. This will be a surprising and elegant journey through the concepts and worlds of style.”

    Derek Blasberg said: “Style is so much more than getting dressed, or looking at pictures on a wall. Artistic expression comes in a variety of mediums and is an international, multi-billion dollar a year industry. What I’m excited about with ‘CNN Style’ is peeling back the layers of the worlds of art, architecture and design, and taking hard looks at the fashion, luxury and automotive industries to show how they affect the world at large. My career has introduced me to creative people from all walks of life, and it’ll be a pleasure to bring them to viewers around the world.”

     

  • CNN launches On The Road initiative with Paula Newton

    CNN launches On The Road initiative with Paula Newton

    MUMBAI: CNN has launched an initiative On The Road where CNN International correspondent Paula Newton will travel across the country, through schools, temples, cricket grounds and dance academies to meet the youthful Indians.

    The half-hour special will be aired on 26 February at 4 pm and 10 pm, 27 February at 8 pm, 28 February at 7 pm, 1 March at 4 pm and 11 pm and 2 March from 10 pm and 3 pm.

    The coverage includes Einstein in the Village, which will inspire impoverished children in rural India to change their country’s destiny with science. Serving up Success is another coverage where Jaipur will witness mid-day meal program, which will become a transformative force for children’s education and ensures India’s newest generation will be well-nourished enough to meet its full potential. It also includes Guru Knows Best where Amritsar will be visited during most spiritual time of the year to speak with devout Sikhs who will tutor the  young generation to preserve and strengthen their faith.

    Cricket Dreams and A Passion for Dance are the other two coverage. In Cricket Dreams, young cricketers and their families will find out whether an academy system similar to European football academies can help their game and their dreams. In A Passion for Dance coverage, Kolkata will witness the presence of choreographer Tanushree Shankar who will teach children traditional and modern dance forms.

  • CNN launches On The Road initiative with Paula Newton

    CNN launches On The Road initiative with Paula Newton

    MUMBAI: CNN has launched an initiative On The Road where CNN International correspondent Paula Newton will travel across the country, through schools, temples, cricket grounds and dance academies to meet the youthful Indians.

    The half-hour special will be aired on 26 February at 4 pm and 10 pm, 27 February at 8 pm, 28 February at 7 pm, 1 March at 4 pm and 11 pm and 2 March from 10 pm and 3 pm.

    The coverage includes Einstein in the Village, which will inspire impoverished children in rural India to change their country’s destiny with science. Serving up Success is another coverage where Jaipur will witness mid-day meal program, which will become a transformative force for children’s education and ensures India’s newest generation will be well-nourished enough to meet its full potential. It also includes Guru Knows Best where Amritsar will be visited during most spiritual time of the year to speak with devout Sikhs who will tutor the  young generation to preserve and strengthen their faith.

    Cricket Dreams and A Passion for Dance are the other two coverage. In Cricket Dreams, young cricketers and their families will find out whether an academy system similar to European football academies can help their game and their dreams. In A Passion for Dance coverage, Kolkata will witness the presence of choreographer Tanushree Shankar who will teach children traditional and modern dance forms.

  • ‘The sort of shoddy opinionated journalism that you see on television isn’t limited to India:’ Andrew Stevens

    ‘The sort of shoddy opinionated journalism that you see on television isn’t limited to India:’ Andrew Stevens

    How often do we hear that Indian media, especially broadcast, is heavily inclined towards opinionated journalism where the prime time is ruled by one sided debates?

    The scenario isn’t restricted to only Indian media, but is a global trend, says CNN Asia Pacific editor and correspondent Andrew Stevens, who was in Mumbai recently for the CNN Business Forum 2016.

    The specialist business correspondent with over two decades of experience in the beat is known for his extensive coverage of news and business stories across the region. The latest feathers to his cap are covering Hong Kong’s ‘Umbrella Revolution’ pro-democracy movement and the mysterious disappearance of Flight MH370 in 2014.

    A former print journalist with several election coverages across many countries to boot, Stevens’ knowledge in geopolitics and its subsequent effect on the different Asia Pacific markets is unparalleled indeed.

    With ‘news’ and ‘business’ being the two sectors that Stevens has expertise on, his take on Indian media industry does put matters into a global perspective.

    In conversation with Indiantelevision.com Papri Das, Stevens shares his opinion on the current media industry and prospects of exploring new revenue models for the medium, why there is an audience for ‘debate format’ shows on television news, and why journalists must be careful when entertaining followers on social media.

    Excerpts:

    How do you see India in terms of freedom of the press? Have you noticed any change since the current government came into power?

    From an editorial standpoint I think Indian media is pretty free of censorship, and external influence. I am sure there are proprietors who wish to share their views in their own affiliated networks but generally I think it’s wonderful how robust the industry is. The different views that are aired daily through the news television networks is an indication of a healthy and thriving press in India.

    With regards to the current government, I haven’t seen any significant change. I don’t know if I am in the right position to answer this, but from what I have heard and read, there hasn’t been any serious clamming down of the press that’s visible to the international media.

    Do you think international media successfully covers India and doesn’t just scratch the surface?

    I find it’s a bit of both. It ultimately boils down to the reporter and reporting itself. There is no reason an international media such as ourselves can’t get to the real story. Churning out cliched news is lazy and I don’t believe in that type of journalism.

    I have been in India often and I find people to be very free and happy to share their opinions. Therefore there shouldn’t be an obstacle in gathering and reporting that very perspective internationally.

    Do you think digital will rule news and TV will gradually phase out?

    Digital media, especially social media is very attractive and an easy option. The news is snappy and one can simply grab a bite and they are done. But our job is to go beyond that.

    I don’t condone the whole social media as a news outlet. As a journalist I can tap into Twitter or other social media platforms to get good real time information as long as I trust my sources. But one needs to be aware that it’s a 15 secs of fame thing. Everybody is a journalist on Twitter in just 140 characters. At the end of the day, journalism is all about credibility and people need to trust what they read or watch. And that credibility can only be built through research and analysis, which is a journalist’s job. And that is why I think credible broadcast journalism will survive this digital wave; while those who are still into ‘byte’ form journalism will face tough competition.

    Are long form news programs a dying breed in broadcast in this generation of ADHD viewers?

    I certainly hope not. There always will be trends. I agree that right now snappy two minute video packages meant for the digital platforms are popular. For those who have a hunger for a holistic picture however, it leaves you wanting more. It is too basic a level and mostly scratches the surface. Yes, consumers of news are busy but they want to read and watch something that answers all their questions, not just make a statement. Like I always say, it comes down to the storyteller. Do I think good storytelling is in jeopardy? No, it still has a huge market and its industry is only growing.

    Prime time news in India is heavily dictated by the debate form of news. What is your take on this style of opinionated journalism?

    This sort of shoddy journalism that you see on television isn’t limited to India; we have examples of this in the west, and probably we lent this format to different markets. I think that a lot of people watch this because it conforms to their own ideas and opinions. It’s more of an echo chain where the broadcaster and the viewers feed off each others opinions. It’s human nature to keep watching something that we are comfortable listening to — a broadcaster who agrees with them; who confirms their prejudices or views. Personally, I get bored of that very quickly. I am not saying they are not influencing. I have been following the US Presidential election campaign very closely and the coverage there is very fascinating. Those who are glued to the television and are highly opinionated on the matter may actually end up having the fate of the entire western world in their hands.

    In India maximum news broadcasters are heavily dependent on ad revenue? How does a news channel ensure unbiased reporting and not lend itself to crony capitalism while running after ad ex?

    It is not only India, advertising remains a very important revenue stream for the broadcast industry all over the world and news is not an exception to that. There are also sponsorship deals now where companies will fund or bear part of the cost of certain content. News channels have a certain responsibility to provide an unbiased report and have to be very careful in striking a fine balance… as long as there is a clear labelling of advertorial, sponsorship and editorial.

    I know the lines do get blurred at times and that’s what we need to be concerned about. We have to make sure that we are not compromising news at the cost of our consumerist needs. We must understand that an advertiser chooses to lend their name and invest in a bulletin or a news program because the broadcaster and that content carries a certain credibility that they want to be associated with. Therefore a news channel’s primary job should be to not compromise on that. The entire business model should be based on it.

    Which do you prefer as a journalist — a subscription revenue platform or ad revenue platform?

    There is a lot of robust conversation about this issue even globally. People in the industry are talking about alternate sources of revenue. The internet has dragged the traditional advertising revenues down for people like us (broadcasters). If you ask me, a network like CNN would not work on just subscription revenue. But for a specialist or niche publication or broadcaster, it would work much better. And that is what we see on the digital platforms these days. People will pay for a deeper analysis in a specific beat rather than a news digest.

    How much does breaking the news before others matter to you? Does the rush not lead to an impulsive job?

    I think it’s a real danger to credible journalism, this whole practice of chasing after breaking news. That is why we don’t entertain any breaking news it until we confirm it ourselves. Suppose we get a news flash that Queen Elizabeth has died; we are not going to go anywhere near it until we verify the news ourselves through trusted and multiple sources. And that is what journalism is all about. The only reason people watch us is because when they hear us say something and they assume it to be true. Being the first mover doesn’t necessarily work, in fact it can be counter productive instead.

    CNN has consciously chosen to be those who might not be first to tell you what’s going on, but will tell you what is factually right. We don’t encourage sensationalisation of news but there are some news and personalities that lend themselves to controversy whom we also have to cover.

    A fine example would be the Republican candidate Donald Trump. We cover Trump a lot but then again Trump is a news maker and we cover news. It doesn’t necessarily mean that we agree with what he opines.

    What is your take on media debates involving sub-judice matter, which is called ‘Trial by media’ or ‘Media Trial?’

    It’s not fair but it’s a fact of life. This is where opinionated journalism can become very dangerous indeed. There have to be strong laws in place that will prevent this sort of influence by media on the judiciary. For example in UK, there are laws on what you can and can’t say when someone is under suspicion or charged with something. It’s partly the responsibility of the jurisdiction. One must understand that there is a whole spectrum of journalism.

    How much do you care about the number of digital views CNN generates? How in tune are you with the social media?

    I am not a digital native. So me and social media have a very loose association. While I do check from time to time, personally I am hardly tuned in. I don’t think I have tweeted since last November, so you can tell how active I am on the social network.

    But if you ask me if broadcasters today need to be social media savvy to stay connected with their audiences? Yes, I do think so. One has to manage that very carefully. I think we do have to be able to justify the stories we write and the pieces we put on air. We shouldn’t be hiding behind a mask or corporate wall. But at the same time I am not going to spend my life answering everybody’s question on what I do and why. A journalist has to have a keen ear, granted; but they can’t be influenced by popular opinion either. There has to be a fine balance.

    What will you advise budding journalists?

    It really depends on what you want to be. Do you really want to be the Indian correspondent internationally? I don’t think one needs to restrict oneself to a specific type of platform. As the world of media continues to change with these dynamic times, I feel that there are a lot more opportunities ahead for young and budding journalists out there. It’s becoming more important for young journalists starting up to make a name for their own self. Pick up a beat where you can thrive, whatever be the platform. And the key to it is of course breaking news. Apart from reacting to what is happening, develop skill sets and sources to find out newsworthy information for the world.

  • ‘The sort of shoddy opinionated journalism that you see on television isn’t limited to India:’ Andrew Stevens

    ‘The sort of shoddy opinionated journalism that you see on television isn’t limited to India:’ Andrew Stevens

    How often do we hear that Indian media, especially broadcast, is heavily inclined towards opinionated journalism where the prime time is ruled by one sided debates?

    The scenario isn’t restricted to only Indian media, but is a global trend, says CNN Asia Pacific editor and correspondent Andrew Stevens, who was in Mumbai recently for the CNN Business Forum 2016.

    The specialist business correspondent with over two decades of experience in the beat is known for his extensive coverage of news and business stories across the region. The latest feathers to his cap are covering Hong Kong’s ‘Umbrella Revolution’ pro-democracy movement and the mysterious disappearance of Flight MH370 in 2014.

    A former print journalist with several election coverages across many countries to boot, Stevens’ knowledge in geopolitics and its subsequent effect on the different Asia Pacific markets is unparalleled indeed.

    With ‘news’ and ‘business’ being the two sectors that Stevens has expertise on, his take on Indian media industry does put matters into a global perspective.

    In conversation with Indiantelevision.com Papri Das, Stevens shares his opinion on the current media industry and prospects of exploring new revenue models for the medium, why there is an audience for ‘debate format’ shows on television news, and why journalists must be careful when entertaining followers on social media.

    Excerpts:

    How do you see India in terms of freedom of the press? Have you noticed any change since the current government came into power?

    From an editorial standpoint I think Indian media is pretty free of censorship, and external influence. I am sure there are proprietors who wish to share their views in their own affiliated networks but generally I think it’s wonderful how robust the industry is. The different views that are aired daily through the news television networks is an indication of a healthy and thriving press in India.

    With regards to the current government, I haven’t seen any significant change. I don’t know if I am in the right position to answer this, but from what I have heard and read, there hasn’t been any serious clamming down of the press that’s visible to the international media.

    Do you think international media successfully covers India and doesn’t just scratch the surface?

    I find it’s a bit of both. It ultimately boils down to the reporter and reporting itself. There is no reason an international media such as ourselves can’t get to the real story. Churning out cliched news is lazy and I don’t believe in that type of journalism.

    I have been in India often and I find people to be very free and happy to share their opinions. Therefore there shouldn’t be an obstacle in gathering and reporting that very perspective internationally.

    Do you think digital will rule news and TV will gradually phase out?

    Digital media, especially social media is very attractive and an easy option. The news is snappy and one can simply grab a bite and they are done. But our job is to go beyond that.

    I don’t condone the whole social media as a news outlet. As a journalist I can tap into Twitter or other social media platforms to get good real time information as long as I trust my sources. But one needs to be aware that it’s a 15 secs of fame thing. Everybody is a journalist on Twitter in just 140 characters. At the end of the day, journalism is all about credibility and people need to trust what they read or watch. And that credibility can only be built through research and analysis, which is a journalist’s job. And that is why I think credible broadcast journalism will survive this digital wave; while those who are still into ‘byte’ form journalism will face tough competition.

    Are long form news programs a dying breed in broadcast in this generation of ADHD viewers?

    I certainly hope not. There always will be trends. I agree that right now snappy two minute video packages meant for the digital platforms are popular. For those who have a hunger for a holistic picture however, it leaves you wanting more. It is too basic a level and mostly scratches the surface. Yes, consumers of news are busy but they want to read and watch something that answers all their questions, not just make a statement. Like I always say, it comes down to the storyteller. Do I think good storytelling is in jeopardy? No, it still has a huge market and its industry is only growing.

    Prime time news in India is heavily dictated by the debate form of news. What is your take on this style of opinionated journalism?

    This sort of shoddy journalism that you see on television isn’t limited to India; we have examples of this in the west, and probably we lent this format to different markets. I think that a lot of people watch this because it conforms to their own ideas and opinions. It’s more of an echo chain where the broadcaster and the viewers feed off each others opinions. It’s human nature to keep watching something that we are comfortable listening to — a broadcaster who agrees with them; who confirms their prejudices or views. Personally, I get bored of that very quickly. I am not saying they are not influencing. I have been following the US Presidential election campaign very closely and the coverage there is very fascinating. Those who are glued to the television and are highly opinionated on the matter may actually end up having the fate of the entire western world in their hands.

    In India maximum news broadcasters are heavily dependent on ad revenue? How does a news channel ensure unbiased reporting and not lend itself to crony capitalism while running after ad ex?

    It is not only India, advertising remains a very important revenue stream for the broadcast industry all over the world and news is not an exception to that. There are also sponsorship deals now where companies will fund or bear part of the cost of certain content. News channels have a certain responsibility to provide an unbiased report and have to be very careful in striking a fine balance… as long as there is a clear labelling of advertorial, sponsorship and editorial.

    I know the lines do get blurred at times and that’s what we need to be concerned about. We have to make sure that we are not compromising news at the cost of our consumerist needs. We must understand that an advertiser chooses to lend their name and invest in a bulletin or a news program because the broadcaster and that content carries a certain credibility that they want to be associated with. Therefore a news channel’s primary job should be to not compromise on that. The entire business model should be based on it.

    Which do you prefer as a journalist — a subscription revenue platform or ad revenue platform?

    There is a lot of robust conversation about this issue even globally. People in the industry are talking about alternate sources of revenue. The internet has dragged the traditional advertising revenues down for people like us (broadcasters). If you ask me, a network like CNN would not work on just subscription revenue. But for a specialist or niche publication or broadcaster, it would work much better. And that is what we see on the digital platforms these days. People will pay for a deeper analysis in a specific beat rather than a news digest.

    How much does breaking the news before others matter to you? Does the rush not lead to an impulsive job?

    I think it’s a real danger to credible journalism, this whole practice of chasing after breaking news. That is why we don’t entertain any breaking news it until we confirm it ourselves. Suppose we get a news flash that Queen Elizabeth has died; we are not going to go anywhere near it until we verify the news ourselves through trusted and multiple sources. And that is what journalism is all about. The only reason people watch us is because when they hear us say something and they assume it to be true. Being the first mover doesn’t necessarily work, in fact it can be counter productive instead.

    CNN has consciously chosen to be those who might not be first to tell you what’s going on, but will tell you what is factually right. We don’t encourage sensationalisation of news but there are some news and personalities that lend themselves to controversy whom we also have to cover.

    A fine example would be the Republican candidate Donald Trump. We cover Trump a lot but then again Trump is a news maker and we cover news. It doesn’t necessarily mean that we agree with what he opines.

    What is your take on media debates involving sub-judice matter, which is called ‘Trial by media’ or ‘Media Trial?’

    It’s not fair but it’s a fact of life. This is where opinionated journalism can become very dangerous indeed. There have to be strong laws in place that will prevent this sort of influence by media on the judiciary. For example in UK, there are laws on what you can and can’t say when someone is under suspicion or charged with something. It’s partly the responsibility of the jurisdiction. One must understand that there is a whole spectrum of journalism.

    How much do you care about the number of digital views CNN generates? How in tune are you with the social media?

    I am not a digital native. So me and social media have a very loose association. While I do check from time to time, personally I am hardly tuned in. I don’t think I have tweeted since last November, so you can tell how active I am on the social network.

    But if you ask me if broadcasters today need to be social media savvy to stay connected with their audiences? Yes, I do think so. One has to manage that very carefully. I think we do have to be able to justify the stories we write and the pieces we put on air. We shouldn’t be hiding behind a mask or corporate wall. But at the same time I am not going to spend my life answering everybody’s question on what I do and why. A journalist has to have a keen ear, granted; but they can’t be influenced by popular opinion either. There has to be a fine balance.

    What will you advise budding journalists?

    It really depends on what you want to be. Do you really want to be the Indian correspondent internationally? I don’t think one needs to restrict oneself to a specific type of platform. As the world of media continues to change with these dynamic times, I feel that there are a lot more opportunities ahead for young and budding journalists out there. It’s becoming more important for young journalists starting up to make a name for their own self. Pick up a beat where you can thrive, whatever be the platform. And the key to it is of course breaking news. Apart from reacting to what is happening, develop skill sets and sources to find out newsworthy information for the world.

  • “Media should hold the government’s feet to the fire to realise Make In India:” CNN’s Fareed Zakaria

    “Media should hold the government’s feet to the fire to realise Make In India:” CNN’s Fareed Zakaria

    MUMBAI: The Make In India week inaugurated by Prime Minister Narendra Modi on 13 February has made Mumbai a site of several activities. All for a united cause — to spearhead a thriving environment of manufacturing industries in India and invite foreign direct investment (FDI) in several industry sectors.

    While the vision of Make In India has gone from being a popular Twitter hashtag to actual substantial talk about the real issues that need to be addressed about manufacturing in India, there is a long way to go before India establishes credibility among global investors as a nation of producers and innovators. As the pressure on the government to deliver on the already established brand of ‘Make In India’ increases, one can’t go without wondering the role of media in the scheme of things.

    Make In India week has given media, especially Indian media, enough fodder to make several headlines. From broadcasters allotting dedicated programming on the topic, to publications releasing special editions on the same; it seems media has had a field day since the ‘week’ was launched. And rightly so, thinks popular CNN news anchor Fareed Rafiq Zakaria of the Fareed Zakaria GPS fame.

    “I think that if there are more efforts like this, it does help the media play a more substantial role. What the Indian government is realising is that they have a serious image and brand problem. I have noticed that in Indonesia; the finance minister and trade ministers are much more attentive towards the communication of their reform policies than their Indian counterparts,” Zakaria shares while attending the CNN – Asia Business Forum 2016, which was part of the day two activities at Make In India week in Mumbai.

    He later had a one-on-one with Finance Minister Arun Jaitley to expand on the government’s executive strategy when it comes to reforms aimed at manufacturing.

    “But that is changing now,” Zakaria says adding on the significance of media in propagating the government’s brand building campaign for Make In India. “People are realising they have to sell, and to sell they need to build credibility for which presentation is essential and that is where Indian media will play a role.”

    On the flip side however, one has to ask if Make In India is a marketing effort or a reform effort? Even if there is a marketing element to it, the next question is if it will only scratch the surface with the campaigns, or will Make In India really address the issues that are at the grass root of manufacturing in India? Wherein comes the crucial role of media in connecting the two realities instead of being swept away by the hype.

    Expressing his take on it Zakaria adds, “The problem with manufacturing is that you have significant regulatory, tax and infrastructure problems. Those are the reason that you don’t get manufacturing booming in India. Now, could that change? Yes, but I haven’t seen the big bang reforms. I have noticed some good improvement reforms that the government is undertaking but it still needs that big push. For that the Indian media has to step in and be the mouthpiece of the people who are part of the manufacturing industry. They have to keep putting pressure on the government to see the deliverance of such reforms.”

    Expanding on the role of media in making Make In India successful, Zakaria says, “India has a lot of natural constituencies for natural reforms. There are many who still want the old system because they get patronage from it like subsidies, employment for families. Those are the people you hear from… who you don’t hear from are the unemployed youth, the under employed people in agriculture. We hear a lot from the voices of the past but we need to hear more from the country’s future.  Media can be the voice of the future for India’s aspirations and hopes. They should hold the government’s feet to the fire and keep them there. Right now, frankly the government isn’t facing a serious opposition so the media has to play that role,” Zakaria signs off.

  • “Media should hold the government’s feet to the fire to realise Make In India:” CNN’s Fareed Zakaria

    “Media should hold the government’s feet to the fire to realise Make In India:” CNN’s Fareed Zakaria

    MUMBAI: The Make In India week inaugurated by Prime Minister Narendra Modi on 13 February has made Mumbai a site of several activities. All for a united cause — to spearhead a thriving environment of manufacturing industries in India and invite foreign direct investment (FDI) in several industry sectors.

    While the vision of Make In India has gone from being a popular Twitter hashtag to actual substantial talk about the real issues that need to be addressed about manufacturing in India, there is a long way to go before India establishes credibility among global investors as a nation of producers and innovators. As the pressure on the government to deliver on the already established brand of ‘Make In India’ increases, one can’t go without wondering the role of media in the scheme of things.

    Make In India week has given media, especially Indian media, enough fodder to make several headlines. From broadcasters allotting dedicated programming on the topic, to publications releasing special editions on the same; it seems media has had a field day since the ‘week’ was launched. And rightly so, thinks popular CNN news anchor Fareed Rafiq Zakaria of the Fareed Zakaria GPS fame.

    “I think that if there are more efforts like this, it does help the media play a more substantial role. What the Indian government is realising is that they have a serious image and brand problem. I have noticed that in Indonesia; the finance minister and trade ministers are much more attentive towards the communication of their reform policies than their Indian counterparts,” Zakaria shares while attending the CNN – Asia Business Forum 2016, which was part of the day two activities at Make In India week in Mumbai.

    He later had a one-on-one with Finance Minister Arun Jaitley to expand on the government’s executive strategy when it comes to reforms aimed at manufacturing.

    “But that is changing now,” Zakaria says adding on the significance of media in propagating the government’s brand building campaign for Make In India. “People are realising they have to sell, and to sell they need to build credibility for which presentation is essential and that is where Indian media will play a role.”

    On the flip side however, one has to ask if Make In India is a marketing effort or a reform effort? Even if there is a marketing element to it, the next question is if it will only scratch the surface with the campaigns, or will Make In India really address the issues that are at the grass root of manufacturing in India? Wherein comes the crucial role of media in connecting the two realities instead of being swept away by the hype.

    Expressing his take on it Zakaria adds, “The problem with manufacturing is that you have significant regulatory, tax and infrastructure problems. Those are the reason that you don’t get manufacturing booming in India. Now, could that change? Yes, but I haven’t seen the big bang reforms. I have noticed some good improvement reforms that the government is undertaking but it still needs that big push. For that the Indian media has to step in and be the mouthpiece of the people who are part of the manufacturing industry. They have to keep putting pressure on the government to see the deliverance of such reforms.”

    Expanding on the role of media in making Make In India successful, Zakaria says, “India has a lot of natural constituencies for natural reforms. There are many who still want the old system because they get patronage from it like subsidies, employment for families. Those are the people you hear from… who you don’t hear from are the unemployed youth, the under employed people in agriculture. We hear a lot from the voices of the past but we need to hear more from the country’s future.  Media can be the voice of the future for India’s aspirations and hopes. They should hold the government’s feet to the fire and keep them there. Right now, frankly the government isn’t facing a serious opposition so the media has to play that role,” Zakaria signs off.

  • FY-2015: Time Warner revenue up 2.8%

    FY-2015: Time Warner revenue up 2.8%

    BENGALURU: Time Warner Inc reported 2.8 per cent growth in revenue for the year ended 31 December, 2015 (current year, FY-2015) at $28,118 million as compared to the $27,349 million in FY-2014. Adjusted Operating Income increased 18.7 per cent in the current year to $6,923 million as compared to $5,833 million while Operating Income increased 14.9 per cent to $6,865 million in the current year as compared to $5,975 million in the previous year.

    Time Warner attributes overall revenue growth to growth across all operating divisions. It says that the growth in Adjusted Operating Income benefited from lower programming charges at Turner and restructuring and severance charges across the company, partially offset by a swing in inter-segment eliminations. It says further that Revenues and Adjusted Operating Income included the unfavourable impact of foreign exchange rate.

    Time Warner chairman and chief executive officer Jeff Bewkes said, “We had another very successful year in 2015, demonstrating once again Time Warner’s ability to deliver strong financial performance as well as creative and programming excellence. Revenues grew three per cent and Adjusted Operating Income was up 19 per cent. All three of our operating divisions increased revenue and profits while also investing to capitalize on the shift to on-demand viewing and growing worldwide demand for the very best video content. Warner Bros. had its best year ever in videogames, led by Mortal Kombat X and Batman: Arkham Knight, and remained the number one supplier of broadcast television programming, including the biggest new hit of the TV season in Blindspot. As we embark on what promises to be a very strong year for Warner Bros. theatrically, Mad Max: Fury Road and Creed received a combined 11 nominations for the 88th Academy Awards.”

    Bewkes continued, “Home Box Office grew subscribers both on its linear networks and through HBO Now, our new stand-alone streaming service. Once again, HBO distinguished itself with the combination of the biggest Hollywood hits and best original programming. In 2015, HBO received 43 Primetime Emmys, the most in a single year by any network in at least 25 years — led by a record 12 Emmys for Game of Thrones. Turner continued to prove its tremendous value to its audiences, distributors, and advertisers with TBS, TNT and Adult Swim all ranking among ad-supported cable’s top 10 networks in primetime among adults 18-49 for the year. CNN was the fastest-growing top 40 cable network in its key demographic in the U.S. for the year, and Cartoon Network was the only top 3 kids network to grow ratings. Further demonstrating our commitment to shareholder returns, during 2015 we returned $4.8 billion to our shareholders through share repurchases and dividends, and this morning announced a 15 per cent increase to our dividend and a new $5 billion share repurchase program.”

    Turner

    Revenues increased 1.9 per cent ($200 million) to $10,596 million in FY-2015 as compared to $10,396 million, benefiting from increases of 16 per cent ($88 million) in Content and other revenues, two per cent ($69 million) in Advertising revenues and one per cent ($43 million) in Subscription revenues. Time Warner says that the increase in Content and other revenues was due to higher subscription video-on-demand revenues, primarily from licensing select Turner original programming to Hulu.

    Advertising revenues benefited from domestic growth, primarily due to Turner’s news business, and local currency growth at Turner’s international networks, partially offset by the impact of foreign exchange rates. The increase in Subscription revenues was due to higher domestic rates and local currency growth at Turner’s international networks, partially offset by the impact of foreign exchange rates and lower domestic subscribers.

    Adjusted Operating Income increased 32.3 per cent ($1 billion) to $4,110 million in the current year as compared to $3,106 million primarily due to lower programming and restructuring and severance expenses. Programming costs declined 11 per cent due to a decrease in programming charges ($395 million). Excluding the charges from both years, programming costs declined in the low single digits primarily due to lower syndicated programming expenses as a result of the abandonment of certain programming in 2014 and the absence of NASCAR programming, partially offset by higher costs associated with airing the MLB playoffs.

    Operating Income increased 38.4 per cent ($1,133 million) to $4,087 million. The current and prior years included $17 million and $137 million, respectively, of foreign currency says Time Warner.

    Home Box Office

    Revenues increased four per cent ($217 million) to $5,615 million, due to increases of four per cent ($170 million) in Subscription revenues and six per cent ($47 million) in Content and other revenues. Subscription revenues grew primarily due to higher domestic rates, partially offset by lower international revenues, which included the impact of the transfer to Turner of the operation of HBO’s basic cable network in India. The increase in Content and other revenues primarily reflects higher licensing revenues, partially offset by lower home entertainment revenues.

    Adjusted Operating Income rose 5.2 per cent ($88 million) to $1,878 million in FY-2015 as compared to $1,790 million in FY-2014, reflecting the higher revenues partially offset by increased expenses. The growth in expenses was mainly due to higher marketing and technology costs related to HBO Now, HBO’s stand-alone streaming service, as well as higher programming costs, partially offset by lower restructuring and severance costs. Programming costs grew 3 per cent reflecting higher original programming expenses, including programming charges.
    Operating Income increased 5.2 per cent ($92 million) to $1,878 million in the current year as compared to Rs 1,786 million in the previous year.

    Warner Bros.

    Revenues increased 3.7 per cent ($466 million) to $12,992 million in FY-2015 as compared to $12,576 million, reflecting higher videogames and television revenues, partially offset by lower theatrical and home entertainment revenues as well as the impact of foreign exchange rates.

    The increase in videogames revenues was mainly due to the releases of Mortal Kombat X, LEGO Dimensions and Batman: Arkham Knight. Television revenues increased primarily due to higher licensing revenues, including from the domestic availabilities of 2 Broke Girls, The Big Bang Theory, Person of Interest, Friends and Seinfeld. Theatrical revenues declined as the prior year included revenues from the final two instalments of The Hobbit trilogy as well as The LEGO Movie and Godzilla.

    Adjusted Operating Income increased 15 per cent ($187 million) to $1.4 billion, reflecting higher revenues as well as lower restructuring and severance charges and related cost-savings.

    Operating Income increased 22.2 per cent ($257 million) to $1,416 million. The prior year included a $36 million foreign currency charge related to the re-measurement of Warner says Time Warner.

  • FY-2015: Time Warner revenue up 2.8%

    FY-2015: Time Warner revenue up 2.8%

    BENGALURU: Time Warner Inc reported 2.8 per cent growth in revenue for the year ended 31 December, 2015 (current year, FY-2015) at $28,118 million as compared to the $27,349 million in FY-2014. Adjusted Operating Income increased 18.7 per cent in the current year to $6,923 million as compared to $5,833 million while Operating Income increased 14.9 per cent to $6,865 million in the current year as compared to $5,975 million in the previous year.

    Time Warner attributes overall revenue growth to growth across all operating divisions. It says that the growth in Adjusted Operating Income benefited from lower programming charges at Turner and restructuring and severance charges across the company, partially offset by a swing in inter-segment eliminations. It says further that Revenues and Adjusted Operating Income included the unfavourable impact of foreign exchange rate.

    Time Warner chairman and chief executive officer Jeff Bewkes said, “We had another very successful year in 2015, demonstrating once again Time Warner’s ability to deliver strong financial performance as well as creative and programming excellence. Revenues grew three per cent and Adjusted Operating Income was up 19 per cent. All three of our operating divisions increased revenue and profits while also investing to capitalize on the shift to on-demand viewing and growing worldwide demand for the very best video content. Warner Bros. had its best year ever in videogames, led by Mortal Kombat X and Batman: Arkham Knight, and remained the number one supplier of broadcast television programming, including the biggest new hit of the TV season in Blindspot. As we embark on what promises to be a very strong year for Warner Bros. theatrically, Mad Max: Fury Road and Creed received a combined 11 nominations for the 88th Academy Awards.”

    Bewkes continued, “Home Box Office grew subscribers both on its linear networks and through HBO Now, our new stand-alone streaming service. Once again, HBO distinguished itself with the combination of the biggest Hollywood hits and best original programming. In 2015, HBO received 43 Primetime Emmys, the most in a single year by any network in at least 25 years — led by a record 12 Emmys for Game of Thrones. Turner continued to prove its tremendous value to its audiences, distributors, and advertisers with TBS, TNT and Adult Swim all ranking among ad-supported cable’s top 10 networks in primetime among adults 18-49 for the year. CNN was the fastest-growing top 40 cable network in its key demographic in the U.S. for the year, and Cartoon Network was the only top 3 kids network to grow ratings. Further demonstrating our commitment to shareholder returns, during 2015 we returned $4.8 billion to our shareholders through share repurchases and dividends, and this morning announced a 15 per cent increase to our dividend and a new $5 billion share repurchase program.”

    Turner

    Revenues increased 1.9 per cent ($200 million) to $10,596 million in FY-2015 as compared to $10,396 million, benefiting from increases of 16 per cent ($88 million) in Content and other revenues, two per cent ($69 million) in Advertising revenues and one per cent ($43 million) in Subscription revenues. Time Warner says that the increase in Content and other revenues was due to higher subscription video-on-demand revenues, primarily from licensing select Turner original programming to Hulu.

    Advertising revenues benefited from domestic growth, primarily due to Turner’s news business, and local currency growth at Turner’s international networks, partially offset by the impact of foreign exchange rates. The increase in Subscription revenues was due to higher domestic rates and local currency growth at Turner’s international networks, partially offset by the impact of foreign exchange rates and lower domestic subscribers.

    Adjusted Operating Income increased 32.3 per cent ($1 billion) to $4,110 million in the current year as compared to $3,106 million primarily due to lower programming and restructuring and severance expenses. Programming costs declined 11 per cent due to a decrease in programming charges ($395 million). Excluding the charges from both years, programming costs declined in the low single digits primarily due to lower syndicated programming expenses as a result of the abandonment of certain programming in 2014 and the absence of NASCAR programming, partially offset by higher costs associated with airing the MLB playoffs.

    Operating Income increased 38.4 per cent ($1,133 million) to $4,087 million. The current and prior years included $17 million and $137 million, respectively, of foreign currency says Time Warner.

    Home Box Office

    Revenues increased four per cent ($217 million) to $5,615 million, due to increases of four per cent ($170 million) in Subscription revenues and six per cent ($47 million) in Content and other revenues. Subscription revenues grew primarily due to higher domestic rates, partially offset by lower international revenues, which included the impact of the transfer to Turner of the operation of HBO’s basic cable network in India. The increase in Content and other revenues primarily reflects higher licensing revenues, partially offset by lower home entertainment revenues.

    Adjusted Operating Income rose 5.2 per cent ($88 million) to $1,878 million in FY-2015 as compared to $1,790 million in FY-2014, reflecting the higher revenues partially offset by increased expenses. The growth in expenses was mainly due to higher marketing and technology costs related to HBO Now, HBO’s stand-alone streaming service, as well as higher programming costs, partially offset by lower restructuring and severance costs. Programming costs grew 3 per cent reflecting higher original programming expenses, including programming charges.
    Operating Income increased 5.2 per cent ($92 million) to $1,878 million in the current year as compared to Rs 1,786 million in the previous year.

    Warner Bros.

    Revenues increased 3.7 per cent ($466 million) to $12,992 million in FY-2015 as compared to $12,576 million, reflecting higher videogames and television revenues, partially offset by lower theatrical and home entertainment revenues as well as the impact of foreign exchange rates.

    The increase in videogames revenues was mainly due to the releases of Mortal Kombat X, LEGO Dimensions and Batman: Arkham Knight. Television revenues increased primarily due to higher licensing revenues, including from the domestic availabilities of 2 Broke Girls, The Big Bang Theory, Person of Interest, Friends and Seinfeld. Theatrical revenues declined as the prior year included revenues from the final two instalments of The Hobbit trilogy as well as The LEGO Movie and Godzilla.

    Adjusted Operating Income increased 15 per cent ($187 million) to $1.4 billion, reflecting higher revenues as well as lower restructuring and severance charges and related cost-savings.

    Operating Income increased 22.2 per cent ($257 million) to $1,416 million. The prior year included a $36 million foreign currency charge related to the re-measurement of Warner says Time Warner.