Tag: Food

  • NDTV to snap up GoodTimes channel in Rs 18 crore slump sale

    NDTV to snap up GoodTimes channel in Rs 18 crore slump sale

    NEW DELHI: New Delhi Television has approved the purchase of the GoodTimes channel from Lifestyle & Media Broadcasting in a slump sale valued at up to Rs 18 crore, a move that deepens its push into lifestyle broadcasting. The transaction will be funded through a mix of cash and television advertising inventory and is structured on a cash-free, debt-free basis. NDTV made this known through a regulatory filing on the Bombay stock exchange last weekend.

    GoodTimes, a fixture for fashion, food, travel and entertainment programming, will shift to NDTV as a going concern. Because Lifestyle & Media Broadcasting is a joint venture of NDTV, the deal qualifies as a related-party transaction, though the broadcaster emphasised that it is being executed on an arm’s-length basis and backed by an independent valuation from a registered valuer. NDTV added that its promoters and group companies hold no direct stake in the seller beyond any indirect shareholding.

    Completion is subject to routine corporate and regulatory clearances, including approval from the ministry of information and broadcasting for the transfer of the channel licence. NDTV expects the process to close within roughly three months.

    Executives say the acquisition aligns with NDTV’s long-term growth strategy, broadening its content portfolio and operational reach. The company believes folding GoodTimes into its network will strengthen its brand presence, diversify revenue streams and enhance value for shareholders as competition in India’s broadcasting market heats up.

  • PVR Inox screens a strong  Q3 FY 2025

    PVR Inox screens a strong Q3 FY 2025

    MUMBAI:  Q3 FY 2025 saw the audiences coming back to the theaters drawn in by entertaining films. At least that’s what one can infer  from the financials of PVR Inox Ltd’s for  Q3 FY 2025  and  for the nine months ended 31 December 2024.

    PVR  announced its results  on 6 February through regulatory filings with the Bombay stock exchange. 

     Q3 FY 2025 was especially strong  driven by blockbuster releases and record-breaking figures in ticket prices, food and beverage (F&B) spends, and advertising revenues.

    The company reported revenues of Rs 17,388 million, EBITDA of Rs 2,583 million, and a profit after tax (PAT) of Rs 681 million for Q3 FY 2025. Cinema admissions reached 37.3 million, with the highest-ever average ticket price (ATP) of Rs 281 and F&B spend per head (SPH) of Rs 140. Advertising income surged to Rs 1,486 million, the highest since the pandemic.

    During the quarter, PVR Inox opened 11 new screens across two properties, bringing its total portfolio to 1,728 screens across 350 cinemas in 111 cities.

    For the nine-month period, the company posted revenues of Rs 45,893 million, an EBITDA of Rs 4,453 million, and a net loss of Rs 460 million. Cinema admissions totalled 106.4 million, with an ATP of Rs 259 and SPH of Rs 137.

    Commenting on the performance, managing director Ajay Bijli said, “As we look ahead, our focus remains on adopting a capital-light model, enhancing cash generation, reducing net debt, controlling costs, and delivering a diverse slate of films to excite moviegoers. With a robust content pipeline and strategic growth initiatives, we are confident in sustaining our leadership and driving long-term value for stakeholders.”

    The quarter witnessed record-breaking box office collections, propelled by Pushpa 2, which grossed Rs 1,450 crore in India, including Rs 900 crore for its Hindi dubbed version, making it the highest-grossing Hindi film ever. Tamil and Telugu films continued to perform well, while the Hollywood release Mufasa: The Lion King resonated with urban audiences.

    Despite these successes, key film reschedules affected overall momentum. The company anticipates strong 2025 content pipelines across Hollywood, Bollywood, and regional cinema.

    PVR Inox also announced continued reduction in net debt, which stood at Rs 9,958 million as of December 2024, a decrease of Rs 4,346 million since March 2023. The company exited 67 underperforming screens and expects to open 100–110 new screens by the fiscal year-end, focusing on capital-light models for future expansion.

  • Qoruz report highlights explosive growth of India’s influencer economy

    Qoruz report highlights explosive growth of India’s influencer economy

    MUMBAI: India’s influencer world never had it so good. Not only is their number growing, but their sphere of influence is also expanding by the day. The latest report from Qoruz, an influencer marketing intelligence platform, reveals a remarkable 322 per cent surge in India’s influencer ecosystem over the past four years. The number of influencers has grown from 962,000 in 2020 to 4.06 million by the end of 2024, underscoring the increasing reliance on creator-driven content for brand engagement.

    The report charts the evolution of India’s dynamic influencer landscape, with categories like gaming experiencing exceptional growth of 213 per cent between 2020 and 2022, reaching 467,000 influencers by 2024. Travel influencers rebounded strongly post-pandemic, witnessing a 212 per cent  surge in 2023, while parenting influencers steadily rose from 87,000 in 2020 to 362,000 in 2024, highlighting demand for relatable, family-focused content.
     

    Fashion maintained its leadership position with 470,000 influencers, while niche categories such as infotainment and finance also saw significant growth, reaching 203,000 and 232,000 influencers, respectively. Health and fitness influencers doubled their base to 295,000, while food influencers bounced back to 242,000 by the end of 2024.

    Looking ahead, the report projects fashion, arts and entertainment, and gaming to lead in influencer numbers in 2025, driven by evolving audience preferences.

     

    Top influencers

    Qoruz  co-founder &  head of brand alliances  Aditya Gurwara said, “Influencers have evolved from product endorsers to strategic partners for brands, creating authentic, context-driven content that resonates with audiences. Categories like gaming, travel, and lifestyle present incredible opportunities for brands to collaborate with creators who truly understand their audiences.”

    Qoruz co-founder & CEO Praanesh Bhuvaneswar noted, “The creator economy has grown from fewer than a million influencers in 2020 to over 4 million today. Influencers are no longer just content creators but cultural architects shaping trends and conversations. This is only the beginning of what the ecosystem can achieve.”
    Qoruz’s report underscores the transformative power of influencer-led marketing and highlights the immense potential for brands to engage meaningfully with audiences through long-term partnerships and data-driven insights.

  • Gen Alpha kids prioritise close bonds with parents over peers: Kantar Kidscan report India 2024

    Gen Alpha kids prioritise close bonds with parents over peers: Kantar Kidscan report India 2024

    Mumbai: Post-pandemic, Gen Alpha’s engagement with digital media has surged, significantly influencing family choices in food, entertainment, IT products, durable goods, and FMCG.

    To explore this generation’s impact, Kantar has launched the 2024 Kidscan India report, providing insights into the lives of nearly 2,500 children aged 5-14 and their parents across 14 Indian cities from NCCS A, B, and C households. The report examines Gen Alpha’s interactions with brands in food, beverages, technology, and media, with a focus on television and digital platforms, and delves into their preferences, ambitions, and lifestyle influences.

    Kantar director, specialist businesses, insights, South Asia, Puneet Avasthi said: “Gen Alpha is reshaping the family dynamic in ways we haven’t seen before. Their influence is far-reaching, from tech and entertainment choices to key household purchases. The 2024 Kidscan Report captures these shifts, providing brands with invaluable insights into the preferences and digital behaviours of this new generation. For brands, understanding Gen Alpha is not just an opportunity but an imperative to stay relevant in a rapidly evolving landscape.”

    Key highlights of the report:

    1.    Gen Alpha kids today enjoy enormous freedom and discretion in their career choices – 55 per cent of parents are allowing full discretion to their kids over their career choices.

    2.    Children are wielding growing influence over family purchase decisions across various product categories- 1.46X increase in incidence of parents taking into considerations their kid’s choice or opinion when purchasing a Smart TV as compared to 2022.

    3.    Gen Alpha is increasingly gravitating towards digital media, with online video consumption sharply rising – Kids now spend 60 per cent more time watching online videos than they did in 2022.

    4.    Gen Alpha is increasingly driven to a more digital recreational experience. 69 per cent of kids find video games more enjoyable than outdoor play.

    5.    Gen Alpha kids increasingly value close, friendly bonds with their parents over traditional peer relationships – 57 per cent more kids now choose to confide their secrets in their mothers over friends

  • Zee Zest Unlimit Awards returns for the third edition

    Zee Zest Unlimit Awards returns for the third edition

    Mumbai: Zee Zest, an Indian lifestyle platform, has announced the third edition of the Zee Zest Unlimit Awards 2025, which honor the visionaries and innovators shaping the future of food, travel, and lifestyle.

    For this edition, Zee Zest invites pioneering establishments—from luxury resorts and boutique hotels to fine dining restaurants and nightlife destinations—to showcase their contributions and stand out in the industry. With 40 categories available, businesses have the opportunity to gain recognition for their creativity and impact. Entries will be reviewed by a panel of industry leaders, including Rashmi Uday Singh, Varun Sharma, Avinash Martins, Aditi Dugar, and Suvir Saran, ensuring a thorough evaluation. Public voting will also allow consumers to participate in selecting their favorite innovative establishments.

    Nominations for all categories are open from 15 October to 30 November 2024, with early bird submissions closing on 31 October 2024. Establishments of all sizes are encouraged to participate, whether they are boutique hotels or trend-setting bars. This is an opportunity to gain visibility and make an impact in the industry.

    Zee Zest business head Rishi Parekh added: “The Zee Zest Unlimit Awards celebrate the trailblazers who redefine the boundaries of creativity, craftsmanship, and innovation. We’re proud to recognise the changemakers who push the limits in food, travel, and lifestyle, offering something truly exceptional. These awards are not just about recognition; they provide an invaluable opportunity for establishments to make a lasting impact on their industry. Our 2025 edition of the Zee Zest Unlimit Awards will continue to focus on identifying these iconic places and celebrating their innovative spirit.”

    Building on last year’s success, which honored iconic places like Sidecar in Delhi, Subko Coffee Roasters in Mumbai, Avartana at ITC Grand Chola, and The Glass House in Goa, this year’s event promises to be equally impressive. The ceremony will feature celebrities including Bobby Deol, Chitrangda Singh, Babil Khan, Atul Kasbekar, and Manoj Bajpayee, alongside culinary stars like Ranveer Brar and Pankaj Bhadouria. The Zee Zest Unlimit Awards 2025 aims to provide establishments with a platform to showcase their excellence. The event celebrates creativity, vision, and the pursuit of excellence.

  • TV9 Festival of India returns with a grand second edition

    TV9 Festival of India returns with a grand second edition

    Mumbai: The TV9 Festival of India returns for its second edition from 9 to 13 October, 2024, at Major Dhyan Chand Stadium near India Gate, promising cultural diversity and festive cheer. This year, the festival will host Delhi’s tallest Durga Puja pandal, featuring larger-than-life idols and vibrant décor that capture the essence of Durga Puja.

    Beyond tradition, the festival offers an exciting shopping experience with over 250 stalls showcasing high-end fashion, beauty products, home appliances, electronics, and furniture, making it a one-stop destination for unique finds.

    Food lovers can indulge in a culinary journey through India’s diverse regional cuisines, with options ranging from Delhi’s spicy street food and Lucknow’s buttery kebabs to Bengali sweets and Hyderabadi biryanis.

    Music enthusiasts can look forward to live performances, including soulful Sufi, Bollywood hits, and folk tunes, featuring some of the most talented artists in the industry.

    Gather your friends and family and join us at Major Dhyan Chand Stadium for an unforgettable experience filled with spirituality, shopping, food, and music at the TV9 Festival of India!

  • ITC’s Cloud kitchen business expands its horizon across cities

    ITC’s Cloud kitchen business expands its horizon across cities

    Mumbai – As per media reports, the ITC (India Tobacco Company Limited) Group conglomerate decided to scale up its cloud kitchen business in metro cities, particularly Chennai. ITC is currently offering North Indian lunch and dinner and other bakery products online, the company decided to expand its horizon for the food business to cater to foodies. The company plans to roll out ventures including in Mumbai, Delhi, and Kolkata city.

    As of now, ITC Ashirwad, ITC Master Chef, and ITC Sunfeast Baked Creations are there brands running in the food business under ITC brand.  

    The company has an expansion strategy to leverage the brand through platforms of food technology-based apps like Zomato, and Swingy. ITC cloud kitchens have a centralized and decentralised platform to serve consumer needs. As per media reports, 90 per cent of orders in food delivery apps are placed in dining hotels whereas the rest are from cloud kitchens. For serving premium food with standardisation of food company have plans to digitise the food business at pan India.

    While speaking to the media ITC executive director Hemant Malik said, “The tech-learning needed for the business comes from our focus on digitalisation. The model involves setting up the central kitchen and satellite kitchens in cities where we operate. We are already the market leader in Bengaluru in the premium space within two years of operation and will now scale up in other cities,”
     

  • Urban Indians are most likely to notice endorsements of mobile phones and clothes on social media

    Urban Indians are most likely to notice endorsements of mobile phones and clothes on social media

    Mumbai: Among the various categories of products and services endorsed by social media influencers, YouGov’s new research found that urban Indians are “a lot likely” to notice endorsements for mobile phones (46 per cent) and clothes (45 per cent).

    In comparison to this, each of the 38 per cent think they are a little likely to notice such endorsements, while 12 per cent and 14 per cent, respectively, think they are not at all influenced by such testimonials.

    25- to 34-year-olds are most likely among the different age groups to notice mobile phone endorsements by social media influencers (53 per cent); those in the age group of 35 to 44 years are most likely to take notice of endorsements for clothes (at 54 per cent).

    When it comes to groceries and food items, 39 per cent urban Indians claim they get influenced a lot by influencer endorsements, while for 37 per cent the influence is a little.

    For other categories, such as tech devices, media streaming services, healthcare products, out-of-home entertainment, cosmetics, air travel, and financial investments, the influence is more likely to be little than a lot.

    Data shows there is some polarity visible for categories such as video games and tickets for sporting events. While 24 per cent of urban Indians say they are very likely to notice such endorsements for each of the categories, just as many (28 per cent each) say they do not get influenced at all.

    Gambling and bookmaking services are the only categories where 42 per cent respondents are more likely to say they do not get influenced at all than the respective 31 per cent and 16 per cent say they get a little or a lot.

  • Zee Zest has a 40% market share in the lifestyle category, says business head, Amit Nair

    Zee Zest has a 40% market share in the lifestyle category, says business head, Amit Nair

    Mumbai: Since its inception in 2020, Zee Entertainment Enterprises’ first lifestyle channel, Zee Zest, has established itself with a diverse and comprehensive lineup of shows.

    Zee Zest, which is known for its global content, hosts a great mix of Indian and international lifestyle and infotainment shows.

    The channel’s content includes food, travel, lifestyle, home improvement, wellness, culture, and do it yourself (DIY). Apart from producing travel category shows including Kahani Kashmir Ki, Shonar Bengal, Safari India, Mast Maharashtra, and Goan Gullies, the channel also has highly popular food shows like Patt-ay ki baat, Taste Ki Gully, Papad Pickles Aur Pyaala, Simple Korea, and The Baker’s Table.

    In an exclusive conversation with Indiantelevision.com, Zee Zest’s business head Amit Nair talked about the content & business strategy for Zee Zest shows. With a key focus on bringing original content to the platform, Nair added 100+ hours of original content every year across food & travel, in partnership with award-winning chefs, anchors, influencers, celebrities, and hosts. From documenting the evolving Indian culture and contextualizing it for modern sensibilities, he created a contemporary brand identity for both Living Foodz and Zee Zest, on-air, online, and on-ground.

    By delivering substantial revenue growth through a combination of advertisements, subscriptions, and syndication, Nair oversees all major functions of the brand, including business strategy, content, editorial, marketing, and product development.

    With over 10 years of experience at Zee Zest, he was instrumental in the acquisition of major international titles and the development of relationships with top international distributors such as BBC, Freemantle and Banijay. He also built mega tent poles, including “Ganga–The Soul of India” with Dia Mirza, “Station Master’s Tiffin” with Ranveer Brar, and “Fit, Fab and Feast” with Huma Qureshi.

    Edited Excerpts:

    On Zee zest’s viewership

    Amit: Zee Zest’s viewership is always in the top ranking. They have overshadowed their competitors every year. We have 40 per cent market share. There are five or six players in this market, and we always keep 40 to 42 per cent viewership as our benchmark to be there.

     On Indian content growth

    Amit: We are looking at a high-growth strategy right now. So we are investing significantly in content. Indian stories have more takers than international stories. When you create content for India or the Indian market, there are many more takers as compared to international stories. Our primary goal is to produce original content from India.

    On the importance of user-generated content

    Amit: Zee Zest is looking forward to collaborating with content creators to develop unique content, preferably recipe shows. Audiences watch user-generated content to be entertained as well as to learn something.

    User-generated content has its importance, and it’s something that we’ve also been keenly looking into because certain formats want to develop where a user is a central person where we can develop ideas and content around them.

    There are several formats currently. The easiest is the one where, if it’s a food show, you invite them to be part of the audience or share something that’s part of the entire theme of the particular show.

    Zee Zest will soon focus on user-generated content where users want to express themselves, their skills, and their talents. We are trying to balance this entire thing by keeping audiences engaged but at the same time engaging with our advertisers and with the users as well so that we bring them on a platform that gives them better reach.

    On Zee Zest’s online reach

    Amit: The channel has about three million users per month and is among the top 15 websites in the country. It’s a multi-platform brand. We don’t want Zee Zest to be just a television-centric brand. Since our users search for us or various media, they are different from TV. As a publishing platform, it makes perfect sense for us to not only provide a platform to watch a point of view, but also to serve as a handy guide for their lifestyle.

    The social media platform offers recipes and interactive content as a way to make it happen, while the channel offers interesting viewing content. Web platforms and events have become the two-way communication channels between the audience and the brand.

    Zee Zest is investing in the web platform as well. We’re also looking to buy a couple of untitled Intellectual Properties (IPs) this year, which will be mostly online. So several more ideas are being put into play. And all of this will be taking shape next year.

    On the competition in the OTT space

    Amit: Interest among the audience has remained unchanged. We always find our audiences when there is new content because that is when we create content that is entirely original, new, and innovative. It’s a mix of finding and wanting the content rather than the medium, which is particularly important.

    On regional collaborations

    Amit: Zee Zest, along with the network’s sub-channels (regional channels), is venturing into various regional collaborations. While Mast Maharashtra and Sonar Bengal are already on Zee Zest’s channel, the upcoming show Highway Dream will start in mid-September and will be on Zee’s south sub-channel. There are a lot of insights, knowledge, audience insights, and so on.

    On new content and ideas

    Amit: We have a great ideation cell internally, which manages to churn out some interesting formats and ideas. Now, these ideas are also taken to advertisers, where they find fitment. The newly launched eight-episode series Luxe Pins aims to let the audience experience exclusivity through the host’s eyes.

  • Zee Zest to launch new food show ‘Taste Ki Gully’ on 9 May

    Zee Zest to launch new food show ‘Taste Ki Gully’ on 9 May

    Mumbai: Zee Zest brings a new food show “Taste Ki Gully” featuring some of the country’s most popular lip-smacking street food. Unlike the conventional food shows, “Taste Ki Gully” brings a unique perspective on street food that’s drizzled with and dipped into the world of flavours, as this flavourful rollercoaster boasts its own swag, the channel said.

    The show will premiere on Zee Zest on 9 May, every Monday and Tuesday at 2.30 p.m.

    Food enthusiast and an aspiring culinary artist, chef Smit Sagar will be hosting the food show. The show begins with the host taking the viewers on a masaledaar and swad bhari khoj of unique, innovative & popular delectable recipes for unique desserts, snacks, chaats, refreshing drinks, and much more. So while the enthusiastic chef will be seen enjoying the process of cooking, this food journey also welcomes viewers to cook along and try their hand at these flavorful recipes from the comfort of their homes, said the statement.

    Each episode of this series is bound to create an entertaining and mouth-watering experience with its authentic taste, rustic yet quirky, light-hearted mood, and an innovative, fresh take on recipes from various cities of India, it added.

    Elated with the launch, Zee Zest business head Amit Nair commented, “Indian street food is as diverse and colorful as our culture and rituals. Known worldwide for its taste, diversity and easy accessibility, it is a great equalizer as it observes people from all classes and economic backgrounds line up waiting for their food. With every bite being so unique and nostalgic, be it at weddings, festivals, parties or events, street food today has defined a place for itself. And so, as Zee Zest always looks to unlimit experiences, we’re pleased to bring the unlimited flavors of the Great Indian Street Food, with the launch of Taste Ki Gully.”