Tag: Ekta Kapoor

  • &TV set to unleash four new shows across genres

    &TV set to unleash four new shows across genres

    MUMBAI: The fresh entrant in the Hindi general entertainment channel (GEC) space – &TV from the Zee Entertainment Enterprises Ltd’s (Zeel) stable has rolled up its sleeves and is prepping to take competition head on by dishing out a mixed platter of fresh programming content.

    The channel is looking at strengthening its offering with the launch of four new shows across genres namely romantic, fantasy, horror, and socio-mythological, keeping in line with its strategy to keep the content contemporary and different. 

    At the helm is &TV business head Rajesh Iyer, who says that each of the new shows will appeal to a particular part of society and cater to a particular market.

    The channel will kick-start the series of new launches with the romantic show Ye Kahan Aa Gaye Hum on 26 October from Ekta Kapoor’s Balaji Telefilms. Incidentally, this is Balaji Telefilms’ maiden show for the channel. This friendship and love saga revolves around a successful singer and showcases the success story of a music empire built by his father. The show will be aired from Monday – Friday at 9:30 pm and will replace Razia Sultan. The channel has roped in Ching and Multani Chavanprash as the co-powered by sponsors for the show.

    Speaking to Indiantelevision.com, Iyer says, “This the first time that &TV is is working with Balaji Telefilms but Ekta has worked with Zee before, therefore  the experience has been fantastic and our relationship goes much beyond just one particular show.”

    Strengthening the weekend line-up, &TV will be launching its first horror show titled Darr… Sabko Lagta Hai with Bipasha Basu as narrator. Set to go on air from 31 October, the show will air on Saturdays and Sundays at 10 pm. It has been produced by Reel Life Entertainment and will showcase stories about the paranormal, supernatural, spirits, ghosts and the unseen, which have the potential to send shivers down the spine with unsuspecting turns and nail-biting twists.

    With the launch of Darr… Sabko Lagta Hai, the channel will be further firming up its weekend prime time band from 8 pm onwards. It may be recalled that in August, the channel launched two new weekend shows namely the game show Deal or No Deal (8 pm) hosted by Ronit Roy and the crime investigative series Agent Raghav (9 pm).

    Talking about the current weekend programming, Iyer says, “ – Deal or No Deal and Agent Raghav have done reasonably well and we are very happy with the current growth and performance of both the shows. Going forward, we are definitely looking at improving the shows’ performances.”

    The third new show will be in the fantasy genre called Adhuri Kahani Hamari. This saga of reincarnation and love has been produced by Four Lions Films and will launch on 16 November. It will be aired from Monday to Friday at 7:30 pm and will replace the show Badii Devrani.

    Foraying into the socio-mythological genre, &TV will be launching its fourth new show – Santoshi Maa staring Ratan Rajput. The show, which is produced by Rashmi Sharma Productions, will focus on the belief of a devotee in Maa Santoshi and how the goddess helps her overcome obstacles in life. The show is slated to launch in November. However, the date and time slot have not yet been firmed up by the channel.

    Iyer says, “The four new shows are across different genres ranging from romance, to horror to fantasy to socio-mytho and with these, our aim is to up the number of original shows on our channel.”

    Since its launch in March this year, &TV has unleashed shows of varied new concepts and story ideas. Speaking on the channel’s content strategy, Iyer says, “From a brand perspective, we have been very clear from the beginning. Our sole goal is to give differentiated content to the audience and we want to keep doing so. Our strategy is to keep the content contemporary and differentiated, these are the two key things that we look for when chalking out our programming. Our aim is to offer shows that will appeal to a different parts of society across different markets. There is no formula for success, we have to put out our best and take it from there.”

    With as many as four new shows, the expectations are riding high. “There is lot of hard work and effort, which has been put in on the shows from the team and we hope to put up a great show,” Iyer adds.

    The channel is looking at all four new shows as finite stories, which will reach its logical conclusions. Not believing in the concept of yanking non-performing shows off air mid-way, Iyer says that if a story ends, it has to reach its logical end and when it does, they end the story.

    Going full throttle on promotions, mass media campaigns across print, television, outdoor, radio and digital will be unleashed. “We have kick started road shows with lead artists,” informs Iyer.

    With Hindi GECs spurting out new content during the festive season, Zeel’s newest baby &TV is poised to push its way through the clutter with its new programming salvos.

  • Mukesh Bhatt re-elected as Guild president

    Mukesh Bhatt re-elected as Guild president

    NEW DELHI: Eminent filmmaker Mukesh Bhatt has been unanimously re-elected as president of the Film and Television Producers Guild of India., while Dheeraj Kumar, Siddharth Roy Kapur, Manish Goswami and Vijay Singh have been named vice presidents.

     

    At the first meeting of its newly constituted Guild Council of Management, which was held immediately after the 61st Annual General Meeting in Mumbai, the other office bearers re-elected as part of the Guild Management Team are Ashim Samanta and Srishti Arya as treasurers.

     

    Kulmeet Makkar will continue to manage the affairs of the Guild as its CEO.

     

    In his opening speech, Bhatt said, “Throughout the past three years, our management team has embarked on the path of my illustrious predecessors and worked with dedication, determination and intensity on embellishing and brightening the image and reputation of the Guild.”

     

    He said Makkar had reinvigorated and revitalised the approach and modus operandi of the Guild. “We continue to engage with State and Central Governments over several issues concerning the film and television industry. There have been many fresh initiatives undertaken by Guild such as waiver of all the charges pertaining to Publicity clearance and Titles registration to make the system more transparent and provide enhanced value to the members, release of first edition of the Film incentive Guide which provides processes and incentives in detail to benefit Indian producers for shooting in 12 countries apart from other reports such as Make in Maharashtra, Film tourism, GST way forward,” Bhatt added.

     

    The other members of the newly elected Council of Management of Guild are Ramesh Sippy, Manmohan Shetty, Ashutosh Gowariker, Rakesh Roshan, Karan Johar, Farhan Akhtar, Ekta Kapoor, Vishal Bhardwaj, Sushilkumar Agrawal, Ratan Jain, N P Singh, Madhu Mantena, Hiren Gada, Sabbas Joseph, Kiran Shantaram, Randhir Kapoor, Amit Khanna, Kamalkumar Barjatya (member emeritus) and Rajkumar Kohli (co-opted member).

     

    In addition to these, Subhash Ghai, Ritesh Sidhwani and Guneet Monga along with eight more Guild members and representatives namely Prem Sagar, Asitkumarr Modi, Sneha Rajani, Ajit Andhare, Sameer Nair, Apoorva Mehta, Aashish Singh and Vipul D. Shah were nominated as special invitees.

     

  • Balaji Telefilms readies two shows for Colors Bengali & Star Jalsa

    Balaji Telefilms readies two shows for Colors Bengali & Star Jalsa

    MUMBAI: Balaji Telefilms, which is eyeing expansion in the regional programming space, is all set to launch two new Bengali shows soon.

     

    While the first one will be a Bengali fiction daily for Colors Bengali, the second will be a non-fiction show for Star Jalsa.

     

    The Colors Bengali show will go on air from the first week of October this year, whereas the non-fiction show for Star Jalsa is slated to go on air in the first week of February 2016.

     

    It may be recalled that in 2014, Balaji Telefilms had entered into a partnership with the Kolkata based production house Chhayabani to form Chhayabani Balaji Entertainment in a move to strengthen its regional offering.

     

    Balaji Telefilms has also licensed the Box Cricket League (BCL) format for regional broadcasting to Zam Media from Punjab.

     

    Under the aegis of Ekta Kapoor, Balaji Telefilms has executed over 15,000 hours of television content in Hindi, Tamil, Telugu, Kannada, Malayalam and Bengali entertainment across genres. What’s more, keeping abreast with technological advancements, the company has now moved towards HD programming to enhance viewing experience. It has also produced a fitness DVD with Sunny Leone for Times Wellness.

     

  • Balaji Telefilms forays into original digital content with ALT

    Balaji Telefilms forays into original digital content with ALT

    MUMBAI: Television and film production company Balaji Telefilms has forayed into the original digital content business segment with the launch of ALT Digital Media Entertainment.

     

    This is move is reflective of the company’s strategic intent to extend its entertainment expertise to creating enjoyable, engaging content for digital audiences globally and monetise the incredible potential of original, premium, on-demand entertainment.

     

    ALT Digital Media will be looking at offering next generation of content which is original, edgy and contemporary. The company will create content for the entire connected ecosystem spanning mobiles, computers, tablets, smart TVs and game stations.

     

    Through this endeavour Balaji Telefilms will go beyond the current themes of television entertainment to set a new benchmark with younger, edgier and smarter contemporary content that merits a different medium. The move comes at a time when 75 per cent of Indian audiences accessing the internet are aged between 19 to 30 years and increasingly seek new entertainment.

     

    The company is assembling a team of professionals and is gearing up to launch in early 2016, presenting all-new original drama series across genres that will be co-created by some prominent names from the Indian entertainment industry. ALT Digital Media will initially develop content in Hindi and English and later in other regional languages, all of which will be available on subscription-based and premium ad-supported models to domestic and global Indian audiences.

     

    In addition to developing its own platform, ALT Digital Media is also in advanced discussions to seek synergistic associations and partnerships with leading technology and video distribution platforms.

     

    Original and exclusive content is the primary lever to attract digital subscribers, and this will be the key operating differentiator for ALT Digital Media, which is being supported by Big Data Analytics and will be led by ‘predictive data’ that draws on analytics driven insights for accurate content development, viewer monitoring and better customer segmentation.

     

    Balaji Telefilms joint managing director Ekta Kapoor said, “As one of India’s most pioneering media houses Balaji Telefilms has always focussed on content innovation. Our passion for entertainment continues to drive us to create exciting entertainment formats – spanning films, television and now for young digital audiences. Our foray into the digital space is aligned to our strategic intent to tap into the growing digital video phenomenon, where we bring our unique story telling strengths to create compelling content and deliver it directly to audiences who are always connected and seek quality, original entertainment in new formats.”

     

    Balaji Telefilms group CEO Sameer Nair added, “With greater use of handheld electronic devices, and growing, 3G, 4G & WI-fi penetration, a spectacular mobile video and e-commerce revolution is underway, dramatically changing consumers and consumption behaviour. For Balaji Telefilms, with its distinct strengths as an innovative entertainment powerhouse, it is the logical next step – to create the next generation of original, exciting fiction content. This foray enables Balaji to not only create and own content IP but to also build its own consumer base of audiences who seek original content and in the process, build a strong and valuable B2C brand. We are confident that ALT Digital Media will soon carve its own identity as a leading digital entertainment content creator and distributor in India for worldwide audiences.”

  • Balaji Telefilms eyes regional expansion; seeks local partners

    Balaji Telefilms eyes regional expansion; seeks local partners

    MUMBAI: Even as the promoters have upped their stake in the company in the light of Star selling its 26 per cent stake, Balaji Telefilms Limited (BTL) has set sight on the regional television programming space for expansion.

     

    The production house, which recently wrapped up the seventh season of Nach Baliye on Star Plus, plans to launch as many as 10 shows in Bengali and southern languages. Moreover, in order to break into the regional space, BTL is also eying tie-ups with local partners.

     

    “Our plan is to have three – five shows each in Bengali and Southern languages by the end of FY2016,” the company said in its annual report.

     

    This apart, BTL is also mulling launching a few of its Hindi shows in regional languages. The first of these would be the telecast of the Zee TV show Kumkum Bhagya, on Zee Bangla. At the same time, the production powerhouse is also eyeing tie-ups in the south, which will yield three to four shows.

     

    It may be recalled that in December 2014, BTL had entered into an alliance with the Kolkata-based Chhayabani to form Chhayabani Balaji Entertainment and create distinctive, contemporary and clutter breaking television content for Zee Bangla.

     

    Also under consideration is the plan to launch its celebrity sports reality show Box Cricket League in the regional space. At the same time, BTL has set a target to launch six new shows in the Hindi general entertainment channels (GEC) space this fiscal. While plans are underway to launch a comedy show on the lines of the Great Indian Laughter Challenge, BTL is also readying a high concept fiction show for Star Plus.

     

    With audiences patronizing the Balaji brand, the company’s key focus is to improve its bottom line during FY2016.

     

    “We aim to be more process-driven, rather than personality-driven. With changing dynamics of the industry, we are aiming to capitalise our capabilities in making high-concept fiction and non-fiction shows. To begin with, we are coming up with a high concept, high fiction show for Star TV. We are confident of the ratings of our new shows, especially reality based shows,” the company said.

     

    On the movies front, BTL has a strong pipeline of movies lined up for FY16 and FY17.  With aspirations to become the number two entertainment studio going forward, the production house has in its kitty 8 – 10 films like Azhar, A Flying Jatt, Suspect X, Naatak, and Bhool Se Naam Na Lo Pyaar Ka, among others.

     

    Not ignoring the fast-developing digital space, BTL is also in the process of creating its own IP and genuine B2C content to tap the burgeoning platform.

     

    That said, BTL seems poised to spread its wings and fly even more so now with BTL group CEO Sameer Nair, armed with his business acumen, adding extra stars to the creative prowess of Ekta Kapoor.

  • Balaji Telefilms’ promoters up stake to 47.29% post Star India’s exit

    Balaji Telefilms’ promoters up stake to 47.29% post Star India’s exit

    MUMBAI: After Star’s stake sale of 25.99 per cent in Balaji Telefilms Limited (BTL), the company’s promoters Shobha and Ekta Kapoor have acquired 28,43,000 equity shares at Rs 63.60 per equity share. With this, the promoters have upped their stake in BTL from 42.93 per cent to 47.29 per cent.

     

    Prior to the acquisition, Shobha Kapoor held 14 per cent stake in BTL, which has now been upped to 15.31 per cent (99,82,462 equity shares) post the acquisition of shares from Star Middle East FZ-LLC.

     

    On the other hand, Ekta Kapoor’s shareholding in the company has increased to 23.87 per cent (1,55,62,704 equity shares) from the previous 20.81 per cent post the share acquisition.

     

    Balaji Telefilms group CEO Sameer Nair also acquired 416,000 equity shares, which takes his current holding in the company to 1.06 per cent (692,729 equity shares).

     

    Balaji Telefilms Limited managing director Shobha Kapoor said, “Balaji Telefilms has in place a very strong growth platform in both the television and motion pictures segments. We are very optimistic about our growth outlook that is being driven by a highly capable leadership team. This transaction is reflective of our confidence in the company and its growth story.”

     

    Nair added, “We have already embarked upon several exciting strategic initiatives, which we believe will translate into improved operating and financial performance. We are also very well poised to capitalise on the several opportunities opening up in the media industry.”

  • Star offloads 26% stake in Balaji Telefilms for Rs 108 crore; shares up 20%

    Star offloads 26% stake in Balaji Telefilms for Rs 108 crore; shares up 20%

    MUMBAI: The “Star” has finally moved out of the Balaji Telefilms household. Rupert Murdoch owned Star Group has offloaded its entire stake of 25.99 per cent in Balaji Telefilms through a block deal on the Metropolitan Stock Exchange of India (MSEI).

     

    As of 30 June, 2015, Murdoch’s company Star Middle East FZ-LLC held 1,69,48,194 shares in the television and film production powerhouse helmed by Ekta Kapoor, which was equivalent to a 25.99 per cent stake. The deal was done at an average price Rs 63.60 per share, which values the transaction at approximately Rs 107.80 crore. The buyer of the shares remains hitherto unknown.

     

    Ekta Kapoor and her family comprising Shobha, Jeetendra and Tusshar Kapoor jointly hold 42.93 per cent stake in the company with a total of 2,79,92,938 shares to their name.

     

    Riding on the back of this news, Balaji Telefilms’ shares rallied on the Bombay Stock Exchange (BSE) on Wednesday 5 August, 2015. The company’s shares were quoting at Rs 95.25, up by Rs 15.85, or 19.96 per cent on the BSE. The stock also hit its 52-week high and there were only buyers and no sellers after the Star Group’s exit block sale.

     

    Star India’s Hong Kong-based parent company Star Group Ltd, had bought a 21 per cent stake in Balaji in 2004 for Rs 123 crore through its Dubai-based affiliate Asian Broadcasting FZ-LLC (now known as Star Middle East FZ-LLC). The stake acquisition was then followed by an open offer, after which Star’s shareholding increased to 25.99 per cent.

     

    Pertinent to note here is that Star has been keen on divesting its stake in Balaji Telefilms since 2008 when relations between the once thick friends went sour over low ratings of Balaji’s shows on Star Plus in the wake of intense competition. Rumors were rife in 2008 and then subsequently every other year that Star was planning to sell its entire stake in Balaji.

     

    Throughout 2004, Balaji Telefilms’ shares were trading in the price range of Rs 92 – Rs 105 on the BSE. While the shares touched a high of approximately Rs 188 in early 2006, it was in late 2007 when the company was at its peak with share price of Rs 350+ per piece. In December 2007, Star’s 25.99 per cent stake was worth a whopping Rs 597 crore based on Balaji’s stock price of Rs 352.40 on the BSE.

     

    While Star has finally made the much-vied exit in 2015, it seems as if this deal brought about a negative return for the company as far as valuation is concerned in the face of the investment that was pumped into Balaji Telefilms by the media behemoth more than a decade ago. However, it must be kept in mind, that over the years Star also earned sizeable amount of dividends from the company. Additionally, Star also enjoyed the fruits of intangible benefits such as the exclusive content agreement with the production house for its TRP-raking soaps. That said, it’s simple math that the price tag of Rs 108 crore for 25.99 per cent stake in 2015, is less than Star’s buying price of Rs 123 crore for 21 per cent stake way back in 2004.

  • Zee TV wraps up ‘Jodha Akbar’ after two year run

    Zee TV wraps up ‘Jodha Akbar’ after two year run

    MUMBAI: Zee TV’s consistent slot leader TV series – Jodha Akbar is all set to bid adieu in August after a journey of two years.

     

    Produced by Ekta Kapoor’s Balaji Telefilms, the show had Rajat Tokas and Paridhi Sharma in lead roles.

     

    Zee TV business head Pradeep Hejmadi said, “Jodha Akbar is a marquee, brand-defining property that has propelled the channel to new heights. It is a tent-pole show that generated immense advertiser interest. Over the course of its glorious run, it connected very well with the audiences as it explored aspects of Jodha and Akbar’s relationship that not many were privy to. In its final leg now, it will generate tremendous audience traction as viewers are bound to tune into the grand culmination of this iconic love story.”

     

    Talking about her journey, Sharma, who played the role of Jodha said, “It’s been a very fulfilling journey to play Jodha. This show has made a household name and a well-recognized face. I am thankful to all our fans for showering us with immense love and adulation. I have loved every bit of this journey and I am going to sorely miss shooting for the show. No matter which part I play in future, I know for a fact I will always be remembered as Jodha.”

     

    Tokas added, “I have thoroughly enjoyed playing the part of Akbar. It wasn’t easy as I had to study a lot about that era, specially the personality traits of this iconic historical figure. I am grateful to all our fans for their love and support and making this show a stupendous success. Playing the role of Akbar, I have grown as an actor and I would like to thank the entire cast, crew and the channel for being a part of this enriching journey.” 

     

     

  • “While we want films to be our anchor, we are equally excited about digital & TV:” Ajit Thakur

    “While we want films to be our anchor, we are equally excited about digital & TV:” Ajit Thakur

    From transitioning from Unilever in London to the Indian media space, Trinity Pictures CEO Ajit Thakur was lucky enough to get mentorship from two of the best minds in the media space – Ronnie Screwvala and Ekta Kapoor. Having learnt a lot from Screwvala in terms of business in media and from Kapoor, the madness of creativity, Thakur couldn’t have asked for a better learning ground.

     

    Since the time he came to India in 2007, he always wanted to make films, but then only landed up doing television stints with Sony and Life OK, which he found equally exciting.

     

    With a specific agenda on films that is to create his own label, he then finally got a platform in Eros International (with Trinity Pictures) to realise his dream.

     

    In conversation with Indiantelevision.com’s Disha Shah, Thakur speaks about his movie making passion, what Trinity Picture stands for, his journey from TV to films and more.

     

    Excerpts:

     

    What are the three core elements that you envisioned while launching the Trinity Pictures banner?

     

    Since the time I came back to India in 2007, I always wanted to make films. But when I came here I realised that all the platforms were equally exciting. Even after having moved to films, I still believe that television is as exciting a medium. But I had done two very good stints in TV with Sony and Life OK, so I thought it was time for me to do something in films now.

     

    My agenda was to be very specific – create a different studio and when I met Sunil Lulla and Kishore Lulla at Eros, they were both excited about it. Most importantly, they had the ideal platform for me to do what I wanted to do. So in February, Trinity Pictures was set-up as an in-house production house within Eros.

     

    There are three unique things about Trinity. Firstly, as a company we will focus only on developing franchises films because I believe focus gets you success. Keeping in mind Indian and global box office trends, there is space for franchise films. In India, as of June the top two films are returning films like Tanu Weds Manu Returns and Furious 7. While India is slowly waking up to the power of franchises, Hollywood has been tasting success with it for more than a decade. Even if we do come across a great script, which we can’t convert into a franchise, Trinity will pass it on to Eros. Our focus is very clear.

     

    Secondly, at Trinity we are not looking at ourselves as being just a film franchise studio. We will create franchises that can go across and beyond screens. It can happen that we develop a idea for digital, take it to TV and then to films. We are keen at making digital comics and character games for each franchise. One franchise might start with a comic and then become a film, while another might begin as a film and then hop on to the gaming platform. The possibilities are endless.

     

    Thirdly, we will be the first studio to have an in-house writers’ room. We are hiring 10-12 writers and three are already on-board through this unique open application that we have. We will have all these writers developing concepts and ideas for us in-house.

     

    From Yash Raj Films to UTV, many studios today have multiple film banners to cater to different genres. Why did Eros feel the need to launch a separate banner too?

     

    I think it is not about the need for a separate banner as much as about the fact that all these films could have been done under Eros. However, when I presented the idea to Kishore, he saw the merit in having a separate identity to these franchise films. So, while Eros stands for certain kind of big films across genres, Trinity will stand for big films within the franchise space. And moreover, I believe it sits in well as a strategic thing from a market’s promise that both the brands can grow.

     

    Eros is at the threshold of really aggressive growth in the next five years. It fits in the plan to have a second brand under it. More importantly, Trinity is not like the second label of other studios. Other studios use the second label to make small and alternative films; Trinity will cater to mainstream and big films.

     

    From TV to films, what were the initial challenges that you faced and how have you adapted to the new medium?

     

    There were no challenges, just opportunities. I am a curious person and for me it’s a process of evolution, so I don’t see them as challenges. Between Ronnie Screwvala and Ekta Kapoor, I couldn’t have asked for a better learning ground. My stints in broadcasting were also fantastic. I never thought I would do TV for so long but I did enjoy it a lot.

     

    At Sony, it was a great learning curve. It was a place where I really felt confident for the first time as we did Kaun Banega Crorepati and Crime Patrol and a lot of alternative shows. At Sony, we moved away from the saas-bahu sagas and experimented with alternative programming, which worked. I had great support from Man Jit Singh and NP Singh.

     

    Post Sony, Life OK was a dream job and I couldn’t have asked for more. From the foundations of Screwvala and Kapoor to witnessing growth as a person and professional, my Star India experience was fantastic. I haven’t seen a company with more talented people between Uday Shankar and Sanjay Gupta and all the colleagues I have worked with. I was learning everyday at Star.

     

    Life OK is like my baby, but more than Life OK, it is about just how much I learnt from the Star system. I couldn’t have asked for a better place to get to that level of confidence. And I believe it was great I did that and then jumped into films. I wish I had given more time to Channel V but my dream was to make films. I am now applying a lot of my learnings from there. Finally, it is about content and how you create it.

     

    Bollywood has a different set of dynamics and the only challenge has been to get to know big stars and directors and telling them that how somebody who has not made films before wants to make big films.

     

    What was the mandate that was given to you for launching this new banner? Walk us through your responsibilities at Eros.

     

    Eros is at a threshold of the next level in its journey. What we have charted out for the next three-five years is to become one of the leading global players in entertainment. Not just film entertainment, but also across digital, TV etc. Trinity Pictures fits in well with that plan for Eros to go to the next level. Eros’ top brass comprising Kishore, Sunil and Jyoti Deshpande believe that we can create four-five valuable franchises in films and beyond over the next three years.

     

    The second thing within that is to get the best talent to work with us directly. Traditionally, we have been following the acquisition model as well as producing our own films. Trinity will produce all of it in-house. The idea is to build relationship with talent because Trinity is a content production studio, which goes beyond just films. I am also helping develop content for Eros Now in space of original mini-series.

     

    How are you going to use all the different mediums? What is your strategy?

     

    The only difference between all the mediums is the target group that we are looking at. There is a certain target group that goes to theatres to watch films, a different group that watches digital content and a slightly different group that watches TV. More women drive television and more men drive films in terms of the demographic profile. That is the only thing I have to keep in mind.

     

    All we are looking for is good ideas and once the idea comes, we slot it for television, films or digital and then we will move it around. The main beauty of franchises is that it is platform agnostic. We can take the same franchise across mediums. The key point is where we want to start from and the target audience.

     

    Trinity is a multi-screen studio. Of course, we want to anchor ourselves in films but we are equally excited about digital and television.

     

    Give us an insight into the working of Trinity Pictures? What is the team structure like?

     

    It is a very small team. Till a month back, I was the only employee along with my assistant. We are taking time to find the right people. The aim is to have three teams comprising project managers, production heads and in-house writers. We already have on-board one of the top writers of Bollywood – Shridhar Raghavan, working with us as a consultant.

     

    As of now we have three full time writers. On 22 June, we are holding our first writer’s assessment workshop, wherein 250 applicants have evinced interest. Hopefully by next month, we should have 10 writers on-board. We are also looking at scouting for writers in Delhi and Kolkata.

     

    What is the potential that you see in building franchises in the Indian market?

     

    Significant. Like I said, this year the top two grossing films have been franchises. Look at Hollywood in the last one year, out of top 12 films, 10 films were franchises. Moreover, from 2008 onwards it has been the same. While franchises have tremendous potential, it needs a lot more development. It is almost like television where you build characters, even if the story gets over, people come in for characters and that is what franchises are about. You invest in characters and once when people fall in love with characters, they come for the next film.

     

    For example, Jurassic World has done the highest weekend ever in US. It is another returning franchise! The truth is all around this, but yes these are big films and you have to mount it well and get it right.

     

    What genres will Trinity Pictures be looking at to build movie franchise? How many films you have pitched to the management till now? When can we see first movie going on-floor?

     

    We are looking at full range of genres. We are looking at Superheroes, action – thrillers, spy and detectives, super natural horror, period and mythological as well as teens and kids. Within franchises, we want to explore everything.

     

    We have an agreement on eight projects and we will hopefully lock four by next month. We are hoping that a couple of these films to go on floors by September-October and we will definitely have two releases next year.

     

    Are Superhero films the best bet as far as franchises go or do other genres like comedy, thriller, horror have potential too?

     

    Making superhero films in India is difficult. I think, Hollywood has set a benchmark that we have to really find a right idea to be able to compete with them. If you make something like a pale replica, it won’t work.

     

    Will Trinity be making films that have a wider reach and appeal than just the Indian market?

     

    Yes. The franchises have the potential to reach out to the global audiences because they are universal themes and not just Indians. We are looking at all markets like UK, US and the Middle East for our films.

     

    Will you be looking at producing only Hindi films or is regional cinema also on the cards?

     

    At Trinity, we want to first focus on Hindi films and we might look at couple of English language films. However, regional cinema is part of Eros portfolio. We have a massive presence in South and we are expanding in Marathi and Bengali. Eros will continue doing a lot of regional cinema, while Trinity will focus on Hindi currently.

     

    Mythology as a genre has been working great guns on Indian television. However, as far as films go, Indian producers have so far failed to exploit the genre on the big screen. Will Trinity be looking at building on mythological films?

     

    I definitely relate to mythology and historicals, but obviously they have to be at a scale that is very different for TV for it to be worth being a film. I have a couple of subjects but I want to make sure that the right investments and right technicians are available to make it happen. Mythology in films has to be much bigger. Moreover, the average filmgoer is younger, so just mythology pitched like that won’t work. You will have to make it larger than life to pull in the younger audience.

     

    What is your target in the first year of operations?

     

    To have four films ready, make two films till next year and also make one very big franchise. For the four films, the story is done. We will be now be getting into screenplay writing. Over three years, we are aiming to have four-five big franchises across mediums and are also hoping to create a mini-series that completely changes the way content is seen for digital.

     

    What about the other talents like directors, actors?

     

    Like I mentioned earlier, that films is not the only criteria at Trinity Pictures. Having said that, we definitely want to work with established directors for our bigger films. At the same time, I am also very open to new directors and writers. However, some films will need experienced hands. The great thing is that all the directors I have spoken to, have been very excited about what Trinity wants to do in terms of franchises, having a writers’ room etc. We are in discussions and negotiations with a few directors.

     

    As far as actors go, we have not thought about it at the moment. Directors will finally decide on the actors. Our focus is to create good scripts and get good directors in.

     

    Is Trinity Pictures looking to exploit the film franchises for merchandising, animation etc?

     

    Absolutely. Like I said, gaming and comics will be a part of merchandising. We will also be looking at animation films but that will take some time. First, we want to get a couple of good films and franchises rolling… but everything will travel from one medium to another.

     

    What kind of budgets is Trinity Pictures looking at for making films?

     

    All kinds of budgets from Rs 5 crore to Rs 50 crore to even Rs 100 crore films.

     

  • FY-2015: Despite lower revenue, Balaji Telefilms back in the black; board recommends 30% dividend

    FY-2015: Despite lower revenue, Balaji Telefilms back in the black; board recommends 30% dividend

    BENGALURU:  Balaji Telefilms Limited (Balaji Telefilms) reported 15 per cent decline in consolidated Total Income from Operations (TIO) at Rs 346.49 crore in FY-2015 (year ended 31 March, 2015, current year) as compared to Rs 407.46 crore in the previous year. The company reported a consolidated profit after tax (PAT) of Rs 5.62 crore (1.6 per cent of TIO) as compared to a loss of Rs 17.21 crore in the previous year, (FY-2014 results had included survival benefits of a keyman insurance policy to the extent of Rs 6.73 crore).

     

    Note:  (1)100,00,000 = 100 lakh = 10 million = 1 crore

    (2) All numbers are consolidated unless stated otherwise.

     

    Consolidated operating revenue in Q4-2015 declined 8.8 per cent to Rs 76.94 crore as compared to Rs 84.4 crore in Q4-2014, but improved 7.5 per cent from Rs 71.54 crore in Q3-2015.

     

    The company reported a positive consolidated EBIDTA in FY-2015 of Rs 6.06 crore as compared to negative EBIDTA (operating loss) of Rs 21.78 crore in the previous year. Consolidated EBIDTA in Q4-2015 was Rs 8.04 crore as compared to negative EBIDTA (operating loss) of Rs 22.37 crore in Q4-2014 and negative EBIDTA (operating loss) of Rs 6.91 crore in Q3-2015.

     

    Balaji Telefilms’ consolidated cost of production of movies and television serials in FY-2015 declined 23 per cent to Rs 296.53 crore as compared to the Rs 395.09 crore reported in FY-2014. Consolidated cost of production of movies and television serials declined 36.1 per cent in Q4-2015 to Rs 59.84 crore as compared to the Rs 93.63 crore in Q4-2014 and declined 13.4 per cent as compared to the Rs 69.14 crore in Q3-015.

     

    Revenue Streams

     

    The following subsidiaries, LLPs’ and revenue streams contribute to Balaji Telefilms consolidated numbers: Balaji Telefilms standalone; wholly owned subsidiaries BMPL and Boll Media Limited; other subsidiaries and LLP – Marinating Films and Event Media LLP.

     

    Balaji Television

     

    On a standalone basis, Balaji Telefilms Total Operating Revenue (TOR) in FY-2015 increased 59 per cent to Rs 205.76 crore as compared to the Rs 129.20 crore in FY-2015. TOR in Q4-2015 at Rs 60.64 crore was 51.4 per cent more than the Rs 40.07 crore in Q4-2014 and 3.6 per cent more than the Rs 58.53 crore in Q3-2015.

     

    Standalone PAT in FY-2015 at Rs 12.27 crore was 22.5 per cent more than the Rs 10.02 crore in FY-2014. Standalone PAT in Q4-2015 was Rs 9.61 crore as compared to PAT of Rs 0.13 crore in Q4-2014 and Rs 3.09 crore in Q3-2015.

     

    Standalone cost of production in FY-2015 at Rs 166.80 crore was 65.8 per cent higher than the Rs 100.6 crore in FY-2014.Standalone cost of production increased by 74 per cent in Q4-2015 to Rs 44.91 crore from Rs 25.82 crore in Q4-2014, but declined 5.7 per cent from Rs 47.61 crore in the previous quarter.

     

    Excluding regional segment and events, on a standalone basis, Balaji Telefilms reported a 49.1 per cent growth in programming hours in the current quarter (Q4-2015) to 258 hours as compared to 177 hours in Q4-2014, but a decline of 6.9 per cent from the 277 hours in the previous quarter (Q3-2015).

     

    The company’s revenue per hour increased by 0.7 per cent to Rs 23.06 lakh in Q4-2015 as compared to the Rs 22.90 lakh in Q4-2014, and increased by 11.7 per cent from the Rs 20.64 lakh in the immediate trailing quarter.

     

    Balaji Telefilms Stock movement

     

    The board of directors of the company has recommended a dividend of Rs 0.60 per equity share having face value of Rs 2 each, or 30 per cent, as compared to the Rs 0.40 per share (20 per cent) in the previous year.

     

    The script closed at Rs 75.10 per equity share on the Bombay Stock Exchange (BSE), up 5.92 percent (up Rs 4.20) from the previous close of Rs 70.90. The share had opened at Rs 73.50 today and saw a volume of 415349 shares. The BSE Sensex witnessed fall of 27.86 points to close at 27809.35 points today.

     

    On the National Stock Exchange (NSE), Balaji Telefilms shares closed at Rs 75.05 each, up 6.23 per cent (Rs 4.40) from the previous close of Rs 70.65 each. The share had opened at Rs 73 today on the NSE and saw a volume of 1627950 shares. NSE’s Nifty closed at 8241 points, down 2.25 points from yesterday.