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Tag: DNA

  • Doordarshan & AIR’s combined news ops may be lead by a D-G

    MUMBAI: The central government may be planning to have one director-general lead news operations in Doordarshan as well as AIR. A proposal for the plan has been drafted as it was felt that the news resources of these organisations were being underutilised.

    The two pubcasters would work together and upgrade the news-gathering and dissemination capabilities, sources told DNA. In an attempt to streamline news flow through the two broadcasters, the government is contemplating to have a single administrator to lead the news operations.

    By uniting the resources such as studios, telecast facilities and other logistics, the government is hoping to source and manage news and broadcast in a unique fashion. Moreover, the number of correspondents at the disposal of a joint organisation would also increase. The plan would also be crucial as private FM channels are permitted to carry news bulletins of AIR in “exactly same manner.”

    While Doordarshan commands a terrestrial network across India, the reach of AIR is deeper. Through a network of over 1,415 terrestrial transmitters and over 65 studios, Doordarshan reaches over 90 per cent of the population. With programming in 23 languages and 146 dialects, AIR’s service comprises 420 stations across India reaching about 92 per cent of India, and 99.19 per cent of the population.

    Also Read :

    Prasar Bharati Board favours separate DD News Hindi & English channels

    No anomaly in DD news correspondents’ designations, says Irani

    Talent shortage in Prasar, manpower audit under way, admits Irani

    Sahu to lead resources & distribution-hit Doordarshan news channels’ repositioning

     

     

  • Analytics, tech, automation & digitisation aid Amul quadruple farmers’ income

    MUMBAI: The drive towards digital and cashless payments, which received a huge boost following demonetisation has brought about significant benefits to our farmers in rural Gujarat. Amul has actively helped its farmer-members to open bank accounts and have linked an additional 13 lakh farmers’ bank accounts to our system. Now, milk payments are cashless and directly transferred into their bank accounts.

    Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) vice-chairman Jethabhai Bharwad explained in detail: “Our digitalization drive has brought in complete transparency in payment to milk producer members. Farmer-members are aware of the exact amount due to them and the rationale behind the same. Payments going directly into their bank accounts also helps inculcate the savings habit in them. The need for an active bank account has brought large number of the Amul family farmer households directly into the formal banking network. Automated Milk Collection Systems installed at village dairy cooperative societies have now been linked through common online software applications. This helps to further enhance transparency among producer members using digital technology.”

    The chairman Jethabhai Patel added: “The drive towards digital and cashless payments, which received a huge boost thanks to Government of India’s demonetization initiative, has brought about significant benefits to our farmers in rural Gujarat. We have actively helped our farmer-members to open bank accounts and have linked an additional 13 lakh farmers’ bank accounts to our system. Now, milk payments are cashless and directly transferred into their bank accounts.”

    GCMMF, which markets the popular Amul brand of milk and dairy products, has successfully quadrupled the income of its dairy farmers in last seven years, demonstrating the efficacy of Amul model in exceeding the national goal of doubling farmer’s income in six years. During the last seven years, Amul’s milk procurement prices to its farmer-members more than doubled from Rs. 24.30 per litre for buffalo milk (Rs. 337 per kg fat) in 2009-10 to Rs. 49 per litre (Rs. 680 per kg fat) in 2016-17. Since the cooperative’s total milk procurement also doubled during this period, from 90.9 lakh litres per day to 176.5 lakh litres per day, this effectively increased the income of its dairy farmers, four-fold in the last seven years.

    Turnover of GCMMF has registered quantum growth of 238% in last seven years, which implies an impressive cumulative average growth rate (CAGR) of 19% during this period. The mantra of rapid expansion had yielded rich dividends with the GCMMF’s sales turnover increasing 3.5 times, from Rs. 8,005 crore in 2009-10 to Rs. 27,043 crore in 2016-17. Results of the apex body of dairy cooperatives in Gujarat were declared on 15 June 2017.

    GCMMF managing director R S Sodhi emphasised that Amul’s success has been driven by its ‘3E’mantra – Rapid expansion in milk procurement, rapid expansion in manufacturing facilities and rapid expansion in marketing & distribution network.

    “This year, we leveraged heavily on our technological capabilities and data analytics to enhance communication with our channel partners and expand our distribution reach”. “Product innovation has always been part of our DNA and has inspired us to launch more than 50 new products in the market during the last three years,” Sodhi added.

  • Sudhir Chaudhary elevated as editor-in-chief of Zee News, Zee Business, WION & DNA

    MUMBAI: Is it merit, Hobson’s choice, or simply loyalty? Operating on the growth path and to strengthen its leadership team, Zee Business, an arm of Zee Media Corporation, has elevated Sudhir Chaudhary to the editor-in-chief position for Zee News, Zee Business, WION and DNA.

    He will report to Zee Media group COO Rajiv Singh. Respective editorial teams will report to Chaudhary who seems to be gaining prominence faster than normal course.

    After the exit of Amish Devgan, the channel was looked after by Samir Ahluwalia, who was appointed as the editor for Zee Business in May 2016 and deputy editor Mihir Bhatt.

    Accused in Rs 100-crore extortion case against industrialist Naveen Jindal, Ahluwalia called it a day in Zee Media in September 2016. Several rumours had surfaced about Bhatt being elevated to the role of the channel head but he now seems to be losing favour with the senior management. The search for Zee Business’ head continued since, until this development.

    Asheet Kunal has been given the interim charge of India 24×7 editor surpassing Vasindra Mishra, who earlier served as the editor of Zee Media’s national Hindi news channel. Kunal will continue reporting to Jagdeesh Chandra. The group has re-designated Mishra as the political editor for regional channels and will report to Chandra.

    Chandra was recently appointed as the executive director of Zee Media’ regional news channels. He also takes care of Essel Group’s newspaper DNA as the CEO.

  • Zee Media to seek shareholder nod to demerge DNA print business

    MUMBAI: Print and TV news. For some that would make for a heady combination. But, not for the Essel group-promoted Zee Media Corp Ltd (ZMCL) which runs the Zee News channels as well as the newspaper DNA through a clutch of unlisted subsidiaries. DNA has a print edition in Mumbai and has launched in Delhi recently.

    ZMCL is seeking shareholder approval (on 27 March in Mumbai) to demerge its DNA business (which is operated under Digital Media Corp Ltd – DMCL, MediaVest India Pvt Ltd and Pri-Media Services) from itself even as it merges another company Maurya TV (which runs the current affairs channel Zee Purvaiya) with itself. The scheme got ZMCL board approval earlier.

    The carving out of the print media assets from ZMCL will result in its shareholders getting one DMCL share (face value of Re 1) for every four ZMCL shares (face value Re 1). The date for the demerger and amalgamation has been noted as 1 April 2017.

    What’s compelling ZMCL and DMCL to take this step? According to its notice filing with the BSE over the weekend, the print and media businesses are run and managed differently and can attract a different set of investors, strategic partners, lenders and other stakeholders. This apart, FDI regulations permit 26 per cent foreign investment in print and 49 per cent in news TV after government approvals.

    While ZMCL had revenues of around Rs 394 crore in the year to 31 March 2016, DMCL reported a topline of around Rs 110 crore in the same period, according to the filing with the BSE. The latter had a loss of Rs 8.72 crore for the same period while the former had a net profit of Rs 18.75 crore.

    The group is proposing to list DMCL on the stock exchanges on getting shareholder and other regulatory and listing approvals.

    AlsO Read :

    http://www.indiantelevision.com/television/tv-channels/news-broadcasting/zee-media-ad-revenue-up-in-q3-17-170206

    http://www.indiantelevision.com/regulators/ib-ministry/zee-medias-49-stake-in-927-big-fm-gets-it-59-radio-channels-161123

    http://www.indiantelevision.com/television/tv-channels/news-broadcasting/big-fm-india-today-deals-zee-media-seeks-shareholder-nod-for-loans-161223

    http://www.indiantelevision.com/television/tv-channels/people/the-key-is-to-consolidate-zeel-zmcl-zee-digital-and-dna-business-ashish-sehgal-160404

  • Zee Media ad revenue up in Q3-17

    Zee Media ad revenue up in Q3-17

    BENGALURU: The Essel Group’s news network Zee Media Corporation Limited (ZMCL) reported 10.6 per cent year-over-year (y-o-y) growth in advertisement revenue for the quarter ended 31 December 2016 (Q3-17, current quarter) as compared to the corresponding year ago quarter Q3-16. ZMCL’s ad revenue in the current quarter was Rs 114.43 crore (84.2 percent of Total Income from Operations or TIO) as compared to Rs 103.46 crore (82 percent of TIO) in Q3-16. Quarter-over-quarter (q-o-q), ad revenue in the current quarter increased 16.5 per cent from Rs 98.24 crore (77.9 percent of TIO).

    TIO in Q3-17 declined 5.9 percent y-o-y to Rs 135.93 crore from Rs 144.47 crore for the corresponding year ago quarter. Q-o-q, ZMCL’s TIO increased 7.7 percent from Rs 126.25 crore.

    Revenue breakup

    Advertising revenue from ZMCL’s existing channels increased 15.8 percent y-o-y in Q3-17 to Rs 89.90 crore from Rs 85.23 crore. Advertising revenue from new channels increased 9.7 percent y-o-y in Q3-17 to Rs 8.35 crore from Rs 7.61 crore

    Since 1 June, 2016, the company’s flagship channel Zee News became free-to-air (FTA). Subscription revenue, which came in only from the existing channels in the current quarter declined 66.8 percent y-o-y to Rs 9.27 crore from Rs 27.89 crore.

    Other revenues for existing channels declined 26.1 percent y-o-y to Rs 2.44 crore from Rs 3.30 crore.

    Business Revenue breakup

    Revenue from ZMCL’s Television Broadcasting Business (TV Business) declined 5.6 percent y-o-y in Q3-17 at Rs 109.96 crore as compared to Rs 116.45 crore. The TV Business reported 7.2 percent y-o-y increase in operating profit at Rs 13.07 crore in Q3-17 as compared to Rs 12.19 crore.

    Revenue from ZMCL’s print business declined 13.6 percent y-o-y to Rs 26.88 crore vis-à-vis Rs 31.11 crore. The print business reported more than tenfold increase in y-o-y operating loss at Rs 15.47 crore as compared to Rs 1.41 crore..

    Let us look at the other numbers reported by ZMCL

    ZMCL reported a higher y-o-y loss of Rs 6.22 crore in the current quarter as compared to a loss of Rs 0.77 crore in the corresponding year ago quarter, but almost a third of the loss of Rs 18.04 crore in the immediate trailing quarter. In may be noted that ZMCL has incurred an exceptional loss of Rs 18.88 crore due to sale of land and buildings of a subsidiary in the previous quarter.

    Simple EBIDTA in Q3-17 declined to less than a third (declined 70.7 percent) to Rs 6.31 crore (4.6 percent margin) from Rs 21.54 crore (14.9 percent margin) and declined 64.1 percent q-o-q from Rs 18 crore (14.3 percent margin).

    The company’s total expenditure in Q3-17 increased 4 percent y-o-y to Rs 139.79 crore (102.8 percent of TIO) as compared to Rs 134.35 crore (93 percent of TIO) and was 18.3 percent higher q-o-q as compared to Rs 118.22 crore (93.7 percent of TIO).

    Cost of Raw materials consumed in the current quarter increased 31.3 percent y-o-y to Rs 13.61 crore (10 percent of TIO) as compared to Rs 10.37 crore (7.2 percent of TIO) and was 31.8 percent more q-o-q than Rs 10.32 crore (8.2 percent of TIO).

    Employee Benefits Expenses in the current quarter declined 16.1 percent y-o-y to Rs 31.48 crore (23.2 percent of TIO) from Rs 37.52 crore (26 percent of TIO) and was 3.4 percent higher q-o-q than the Rs 30.45 crore (24.1 percent of TIO) in the immediate trailing quarter.

    ZMCL’s Marketing, Distribution and Business Promotion Expenses (Marketing expenses) in the current quarter declined 33.9 percent y-o-y to Rs 16.78 crore (12.3 percent of TIO) from Rs 25.40 crore (17.6 percent of TIO) and increased 24.2 percent q-o-q from Rs 13.52 crore (10.7 percent of TIO).

    Operational costs in Q3-17 increased 1.3 percent y-o-y to Rs 22.86 crore (16.8 percent of TIO) from Rs 22.57 crore (17.9 percent of TIO) and declined 2.9 percent q-o-q from Rs 23.55 crore (18.7 percent of TIO).

    Other expense in Q3-17 increased 65.6 percent y-o-y to Rs 44.88 crore (33 percent of TIO) from Rs 27.11 crore (18.8 percent of TIO) and increased 48.1 percent q-o-q from Rs 30.31 crore (24 percent of TIO).

    Finance costs in the current quarter increased 19.1 percent y-o-y to Rs 12.36 crore (9.1 percent of TIO) from Rs 10.37 crore (7.2 percent of TIO) and was almost flat (declined by 0.1 percent) q-o-q from Rs 12.37 crore (9.8 percent of TIO).

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

  • Rohit Gandhi quits ZMCL’s WION

    Rohit Gandhi quits ZMCL’s WION

    MUMBAI: Media mogul Subhash Chandra-led Zee Media Corporation Ltd  (ZMCL)’s English news channel WION and English daily DNA’s editor-in-chief Rohit Gandhi has resigned. 

    Gandhi joined ZMCL in August 2015 to head the editorial operations of its English news channel WION. In April 2016, he was assigned the additional charge as editor-in-chief of its English daily DNA. 

    Prior to joining ZMCL, Gandhi was working with South Asian International News as its international correspondent, producer and communication strategist. Gandhi was a producer and editor at CNN from 2000 to 2006, specialising in conflict zone and investigative news coverage. 

    Later, he joined CBC, where he reported and produced news stories from Asia. 

    Also Read:

    Zee Media’s WION opts for Dalet unified news solution

    WION launch now formal; lists marquee shows

    Zee Media launches global English news channel Wion

  • Rohit Gandhi quits ZMCL’s WION

    Rohit Gandhi quits ZMCL’s WION

    MUMBAI: Media mogul Subhash Chandra-led Zee Media Corporation Ltd  (ZMCL)’s English news channel WION and English daily DNA’s editor-in-chief Rohit Gandhi has resigned. 

    Gandhi joined ZMCL in August 2015 to head the editorial operations of its English news channel WION. In April 2016, he was assigned the additional charge as editor-in-chief of its English daily DNA. 

    Prior to joining ZMCL, Gandhi was working with South Asian International News as its international correspondent, producer and communication strategist. Gandhi was a producer and editor at CNN from 2000 to 2006, specialising in conflict zone and investigative news coverage. 

    Later, he joined CBC, where he reported and produced news stories from Asia. 

    Also Read:

    Zee Media’s WION opts for Dalet unified news solution

    WION launch now formal; lists marquee shows

    Zee Media launches global English news channel Wion

  • Mastiii receives stupendous response for #BanoDheet campaign

    Mastiii receives stupendous response for #BanoDheet campaign

    MUMBAI: Mastiii has created a huge impact with its awareness initiative #BanoDheet. In a span of twenty four hours of launching the digital leg of campaign, #Banodheet was trending at #1 and received a stupendous response leading to a whopping 1.4 crore impressions with several thousand tweets to its credit.

    The multimedia campaign targeted at creating awareness and a sense of positive stubbornness amongst the youth of India and in its own way contributed to help the youth take ownership of their actions towards the society as the first step in building a better India.

    “We feel a sense of pride in talking about the reach of the campaign that has garnered a huge response not only on Twitter where we were trending at the # 1 spot throughout India but also the large reach achieved through other media’s that were used. We highly appreciate the media partners who have associated with us in our efforts to achieve our objective with our campaign #BanoDheet and hope to make a small change through our efforts,” said SAB Group group CEO Manav Dhanda.

    The campaign was featured across numerous platforms like Twitter, Facebook, TV, outdoor, print media and radio addressing masses to take a stand against social evils that plague our society such as: Drinking and Driving, Eve Teasing, Corruption and Littering to name a few.

    The reach of the campaign was amplified tremendously with media partners – DNA, Dainik Savera, RED FM, Minimax and Corel, Vyoma and Spykar.

    Red FM COO Nisha Narayanan said, “We at Red FM have always been cognizant of relevant issues and problems that plague the society and take pride in partnering with SAB Group for ‘#BanoDheet’ campaign which is based on a simple yet so impactful concept and we are confident it will go a long way in bringing about a positive change in the society. The timing for this initiative is absolutely perfect as New Years is that time of the year when people actively retrospect their lives and impact of their action over the course of last year and make resolutions to improve the coming year. Our Radio Jock at the station is excited about driving this initiative for a great cause.

    RJ Rishi added, “Through this initiative Red FM aims to put forward in a quirky style on how ‘Being Dheet’ can be a catalyst in driving change in people’s personal lives as well as society. I am very excited to engage with the listeners & viewers for such a relevant cause in true ‘Bajaate raho’ style and I pledge to make all our listeners ‘dheet’ and contribute in establishing a mark with this initiative.”

  • Mastiii receives stupendous response for #BanoDheet campaign

    Mastiii receives stupendous response for #BanoDheet campaign

    MUMBAI: Mastiii has created a huge impact with its awareness initiative #BanoDheet. In a span of twenty four hours of launching the digital leg of campaign, #Banodheet was trending at #1 and received a stupendous response leading to a whopping 1.4 crore impressions with several thousand tweets to its credit.

    The multimedia campaign targeted at creating awareness and a sense of positive stubbornness amongst the youth of India and in its own way contributed to help the youth take ownership of their actions towards the society as the first step in building a better India.

    “We feel a sense of pride in talking about the reach of the campaign that has garnered a huge response not only on Twitter where we were trending at the # 1 spot throughout India but also the large reach achieved through other media’s that were used. We highly appreciate the media partners who have associated with us in our efforts to achieve our objective with our campaign #BanoDheet and hope to make a small change through our efforts,” said SAB Group group CEO Manav Dhanda.

    The campaign was featured across numerous platforms like Twitter, Facebook, TV, outdoor, print media and radio addressing masses to take a stand against social evils that plague our society such as: Drinking and Driving, Eve Teasing, Corruption and Littering to name a few.

    The reach of the campaign was amplified tremendously with media partners – DNA, Dainik Savera, RED FM, Minimax and Corel, Vyoma and Spykar.

    Red FM COO Nisha Narayanan said, “We at Red FM have always been cognizant of relevant issues and problems that plague the society and take pride in partnering with SAB Group for ‘#BanoDheet’ campaign which is based on a simple yet so impactful concept and we are confident it will go a long way in bringing about a positive change in the society. The timing for this initiative is absolutely perfect as New Years is that time of the year when people actively retrospect their lives and impact of their action over the course of last year and make resolutions to improve the coming year. Our Radio Jock at the station is excited about driving this initiative for a great cause.

    RJ Rishi added, “Through this initiative Red FM aims to put forward in a quirky style on how ‘Being Dheet’ can be a catalyst in driving change in people’s personal lives as well as society. I am very excited to engage with the listeners & viewers for such a relevant cause in true ‘Bajaate raho’ style and I pledge to make all our listeners ‘dheet’ and contribute in establishing a mark with this initiative.”

  • ZMCL to demerge print biz into DMCL, list; approves new home shopping channel

    ZMCL to demerge print biz into DMCL, list; approves new home shopping channel

    MUMBAI: The board of directors of ZMCL has inter alia approved a draft of Scheme of Arrangement and Amalgamation for demerger of print media undertaking of the company into Diligent Media Corporation Limited (DMCL), merger of Mediavest India Private Limited and Pri Media Services Private Limited into DMCL and merger of Maurya TV Private Limited with the Company. As a part of the Scheme, the equity shares of DMCL shall be listed on stock exchanges.

    Newspaper Launch: The Network launched the Delhi edition of DNA on 11 October 2016.

    DNA launched with a promise. “We won’t compromise on the quality and integrity of journalism. You won’t find a story where we have sold our soul to make money and sold it to you as news,” wrote the editor-in-chief of the newspaper on the front page of the first issue of the 32-page paper priced at Rs 10. He further promised that the spanking new newspaper will change the rules of the game. DNA’s Delhi debut has, interestingly, took the media fraternity, including top media buyers at advertising agencies, by surprise.

    Delhi is a bigger print media market than Mumbai. Of Rs 5,100 crore invested into advertising in newspapers in Delhi and Mumbai, 60% goes into print brands in the capital. The English print market in Delhi is estimated to be at Rs 1,700 crore.

    Acquisition: Subsequent to September 30, 2016, the company has acquired 49 per cent stake in Today Merchandise Private Limited and Today Retail Network Private Limited and the Board of Directors today approved in-principle launch of a Home Shopping channel by the company.