Tag: Joy Chakraborthy

  • Joy Chakraborthy: The TV news executive who loves a slugfest

    Joy Chakraborthy: The TV news executive who loves a slugfest

    Mumbai: At first sight, you would probably assume that Zee Media chief business officer Joy Chakraborthy has been a pugilist at some time in his life. With hefty arms, a broad stocky physique, he normally strides across the room like a man with a mission, with a purpose.

    Always ready for a good scrap, he has got into it by jumping back into the highly competitive TV news business at the invitation of media innovator and promoter Subhash Chandra when he joined the Zee news network six weeks ago to get its cash coffers overflowing once again.

    “I’ve spent a large part of my working life being in the news business. I was on the founding team of Star News, I worked in TV Today, Network18,” says the dimpled Chakraborthy with a huge smile. “There is no better place than Zee to work at. To come back to Zee which is like home to me and to work with a boss who gives me so much freedom to work, it’s a delight.”

    With his revenue portfolio covering digital, linear, marketing, and distribution (international & domestic), Chakraborthy has since joining been making whistle stop visits to advertising agencies, marketing clients, digital outfit and distribution partners across India.

    “I like to lead from the front, meet everyone and tell them about what we plan to do on our FPC, programming, advertising packaging, and branded solutions. I have been to Mumbai, Ahmedabad, Kolkata and Delhi,” he says. “My meetings have also led me getting a lot of feedback.”

    Chakraborthy says the agencies and brands are telling him that the TV news industry is in a bit of a mess as far as their perception of it is concerned.

    “The news genre is under stress in terms of evaluation. The marketer is beginning to wonder who is really No 1 as every channel is claiming it is No 1,” reveals Chakraborthy. “Brand custodians don’t slice and dice viewership for news as we are doing. Yes, they put in some numbers like the affinity index but they buy the genre differently as it is bought for frequency/OTS and for a B2B connect.”

    According to him, this No 1 claiming syndrome has led to confusion amongst brands leading to most of the news channels filling up their advertising inventory to the tune of only 65-70 per cent as recently as a few weeks ago. “In all the years I have been in the industry, news channels have been overflowing with inventory, unlike today. We as an industry have to get together to put a halt to this ‘I’m No 1’ claiming itch,” he emphasises.

    He adds that even as certain players are claiming the numero uno status, they are still selling airtime at very low prices compared to the legacy players. “This phenomenon is dragging the news genre down instead of increasing the yield to delivery ratio. I’d like to see their No 1 claims being reflected in their airtime rates and revenues.”

    Additionally, what’s irking him is the rampant misuse of landing pages on cable TV and DTH platforms by TV news broadcasters, and the measurement and reporting of this “rogue” viewership by Broadcast Audience Research Council (Barc).  

    “There’s a lot of load shedding in places in the Hindi speaking heartlands of India. If a viewer is watching say X channel and the power goes off and when it comes back, he or she is forced to watch the landing page channel before switching to his or her favorite news channel. Now if this process takes 10 or 35 seconds, his viewing is measured and reported because of Barc’s basic rules that anyone watching for within a minute is considered a viewer, is what I understand,” explains Chakraborthy. “The agency needs to increase the viewing time to two to three minutes for a person to be considered a viewer. Otherwise all the landing page viewing adds up to significant numbers and skews the ratings.”

    Another disturbing trend that has developed amongst news channels is the fact that some of them are running break-free content and news to gain viewership, he says. “The irony is that the advertiser is buying spots on the channel based on the ratings derived from break-free content,” he elucidates.

    He believes that Zee News has a great portfolio of offerings in terms of languages and regional channels serving as a great outreach platform for brands.

    “Zee is a very strong brand name,” he highlights. “Almost every famous face who is on other news channels has worked for some time at Zee. We lead in certain markets. We have great teams in place. What I have created is the Zee News Plus offering wherein the sales people are selling us as a network. They can package national with other regional channels to present a better solution to agencies and brands. Nobody has a network like we do. For me as a revenue leader, I have always taken the targets. However, success is my team’s and failure is mine.”

    With that kind of an attitude, Joy is sure to bring a lot of glee to the Zee News bottom line.

  • Zee Media appoints Joy Chakraborthy as new chief business officer

    Zee Media appoints Joy Chakraborthy as new chief business officer

    Mumbai: He’s hoping to bring some joy to Zee News. Veteran broadcast executive Joy Chakraborthy has hopped on board Zee Media as its chief business officer. His task: oversee advertising, distribution, sales and marketing at the news network. Chakraborthy has over 27 years of experience in the media industry with a core competence of ad sales and revenue generation.

    His last employment was with the Manish Shah promoted Goldmines Telefilms as its CEO, a post he held for eight months.

    Prior to that  he was the CEO of Enterr10 Media and even before that with TV Today.

    It is a homecoming of sorts for Joy as in the past he held the position of executive director at Zee Group.  He has had experience with the print medium too as director of the Times of India group. He served as president-TV18 and executive vice president-Star TV in the early 2000s.

    He is an alumnus of the Harvard Business School and a graduate from National Defence Academy.

  • Joy Chakraborthy steps down as CEO of Goldmines Telefilms

    Joy Chakraborthy steps down as CEO of Goldmines Telefilms

    Mumbai: Joy Chakraborthy has decided to step down as CEO of Goldmines Telefilms and is serving his three-month notice period. He joined the company in January 2022.

    “Since the time I joined Goldmines Telefilms, my promoter Manish (Shah) and I have worked in tandem to take our network to a new height in terms of viewership, brand perception, revenue etc.,” Chakraborthy told IndianTelevision.com. “We have seen monthly revenues jump more than three times what it was when I joined, with full implementation of sales processes and planning. During this period, we have also launched two more channels which will also be leaders in their genre.”

    “In spite of this growing curve, Manish and I have had certain differences in the principles of running a company, which can happen between any promoter and CEO. Keeping these in mind we have decided to part ways in an amicable way. I will be serving out my notice period as per my contract,” he further said.

    Chakraborthy is a media and entertainment industry veteran with almost three decades of experience. He has held several leadership roles including Enterr10 Television Pvt Ltd CEO, TV18 Broadcast Ltd president and CEO,  Bennett Coleman and Co Ltd director, TV Today Network CEO and  Zee Entertainment Enterprises Ltd executive director. He was also associated with Star TV as executive vice president.

  • Hindi movie channel Dhinchaak renamed as Goldmines Movies

    Hindi movie channel Dhinchaak renamed as Goldmines Movies

    Mumbai:  Goldmines Telefilms’ Hindi movie channel Dhinchaak has been renamed as Goldmines Movies.

    The channel also announced its upcoming programming including the films “Ala Vaikunthapuramuloo,” “Annaathe,” “Viswasam,” “Vinaya Vidheya Rama,” “Sarkaru Vaari Paata,” “Sarkar,” “Bigil,” “Rangasthalam,” “Mersal,” “Maharshi,” “Sarileru Neekevvaru,” “Pushpa: The Rise,” and “Disco Raja” in a promo released on Saturday.

    Goldmines Telefilms launched Dhinchaak channel in May 2020 on Prasar Bharati’s free DTH platform DD Free Dish. The channel aired Hindi dubbed versions of popular South Indian films. The films are dubbed by the company.

    Since its launch on DD Free Dish, Dhinchaak went on to become the leading Hindi movies channel in the overall Hindi-speaking market (Urban plus Rural) as well as the rural market. The channel reached 70+ GRPs at the end of September 2020. The movie channel has a library of 2000 plus blockbuster films.

    “We are renaming ‘Dhinchaak’ to ‘Goldmines Movies’ (further to be changed to ‘Goldmines’ on receipt of MIB approval),” said Goldmines Telefilms CEO Joy Chakraborthy. “The programming, scheduling, and placement of the channels across MSOs and DTH operators would remain the same. Even the frequency of uploading and downloading from planetcast (up-linking partner) would remain the same.”

    Goldmines Telefilms goes big with Dhinchaak, aims to cover 90% HSM market  

    He added, “Barc/Yumi as a principal will now record Goldmines Movies as a new channel. There will be no ratings measurement from 26 March to 1 April (week 13). Hence there will be no data available for week 13 for Dhinchaak/Goldmines Movies. Our channel Goldmines Movies ratings for the period of 2-9 April will be released on 14 April i.e., week 14 and thereafter.”

  • Goldmines Telefilms names Joy Chakraborthy as CEO-broadcasting

    Goldmines Telefilms names Joy Chakraborthy as CEO-broadcasting

    Mumbai: Goldmines Telefilms has brought Joy Chakraborthy on board as CEO-broadcasting.

    With 27 years in the media industry, Chakraborthy is armed with experience in print, television, radio and digital businesses, with ad sales and revenue generation being core to his career.

    “We welcome Joy into the Goldmines family. He comes with vast experience across genres and media platforms in the country,” said Goldmines Telefilms director Manish Shah. “We look forward to working with him, making the most of his experience as our mega plans unfold.”

    Chakraborthy previously served as CEO of Enterr10 Media, TV Today Network, and Forbes India. Prior to that, he was Zee Group executive director, Times of India Group director, TV18 News Network president and Star TV executive vice president.

    “I am looking forward to working with Manish Shah. Having interacted with him over time, I can see his clarity, focus and drive towards the business goals. Manish’s vision and genre understanding as a promoter is a vital add-on,” said  Joy Chakraborthy. “Goldmines plans to introduce more channels and we will be talking about them as plans rollout. As I like to work on business challenges, I see my role at Goldmines as one such exciting challenge to take on.”

    Chakraborthy is an alumnus of the Harvard Business School and has graduated from National Defence Academy.

  • Joy Chakraborthy resigns as CEO of Enterr10

    Joy Chakraborthy resigns as CEO of Enterr10

    MUMBAI: After his ten months stint at Enterr10, Joy Chakraborthy has confirmed his resignation from the post of the chief executive officer (CEO). He had joined the company in March 2019.

    Chakraborthy said, “In such a short span of time have turnaround the organisation and made it into a number 1 channel.”

    Adding further, he said, “Have ensured that every advertiser has received value for his money, and revenues of the company have increased manifold during my tenure.”

    When asked about the further plans, Chakraborthy said, “I will announce it soon.”

    Chakraborthy is Harvard Business School alumnus. He was earlier associated with brands such as the Times of India, Star India, Network 18 and Zee Enterprises.

  • Bhojpuri market is a priority for all FMCG brands: Enterr10’s Joy Chakraborthy

    Bhojpuri market is a priority for all FMCG brands: Enterr10’s Joy Chakraborthy

    MUMBAI: Bhojpuri content has been giving a tough time to its Hindi counterparts if one goes by weekly Broadcast Audience Research Council of India (BARC) data. In week 45, as in several others, the channel was leading with 63910 weekly impressions (000s). Apart from grabbing the viewership, the FTA channel is also in the top priority list of the advertisers who are targeting the Hindi-speaking belt.

    In an interaction with Indiantelevision.com, Enterr10 CEO Joy Chakraborthy informed that 70 per cent of advertising on television is from FMCG brands. When the entire industry was down, television or GECs didn't suffer much due to the FMCG sector. "Bhojpuri market has been a revelation in the last few years as it has a huge population base and it covers Bihar, Jharkhand, UP and Uttrakhand which is primarily the Hindi belt. The market is a single regional market that is a priority for all FMCG brands," said Chakraborthy.

    He further said, "This is a priority market for FMCGs and Bhojpuri Cinema is a leader channel in that market. We have most of the FMCG brands on board, HUL, P&G, Dabur, etc, to name a few. We may have said no to certain brands in case they don’t fit in our rate bracket." However, the sector is largely dependent on national advertisers as the regional one are unable to fit into the channel’s advertising bracket.

    Chakraborthy states that advertisers can avoid the network if they are targeting Mumbai and Delhi but they can't if they are targeting Hindi belt. “We are three to four times ahead of anybody. We are on very high demands in categories which are focusing on Hindi belt," he said.

    Even though Bhojpuri Cinema has been present since 2015, Chakraborthy says that the space is getting competitive only now. “That gives us a larger incentive to strive, think differently and maintain our number one status. This channel is definitely advertisers delight,” he said. The channel has also changed its strategy and is now taking business based on ER (engagement rates) only. “We are seeing good growth on our ERs and this is reflected in the market and people have started accepting us. We started selling proper time-band. Earlier, we were only selling primetime but now we started selling non-primetime. We also started selling fixed programme rates," he said.

    The channel has 350+ movies in its library along with the recently launched World Television Premiere slot, which airs fresh content on the channel every Saturday.

    "The reach of Bhojpuri Cinema is unparallel in the market and that is across urban and rural. We have the biggest library and are the first destination for film sellers as everyone wants their films to be aired on the no. 1 channel. This is what also gets us the advertising premium. The channel believes in ROI and provides content that is advertising-friendly. The aim to maintain and grow the leadership position is a clear objective. We have a hold on distribution as well as right content procurement to help reach this goal and remain the most sought-after Bhojpuri channel for advertisers," he stated.

    The content aired on the channel largely consists of Bhojpuri films and high-impact Bhojpuri award shows/events. "There is no match with the movie content that we have and that is the reason why when you see the adex, maximum no of brands are onboard.  The strength of the channel is its unparallel film content that delivers steady ratings. In addition to that, the high-impact, star-studded award shows and events give a huge spike," he opined.

  • Enterr10 to invest in library, innovative programming & distribution to secure market leadership

    Enterr10 to invest in library, innovative programming & distribution to secure market leadership

    MUMBAI: Free to air (FTA) channels aren’t expected to rule BARC charts. But beating all odds, Enter10 Television has managed to break that stereotype over and over. With five FTA channels in its bucket – Dangal TV, Bhojpuri Cinema, Fakt Marathi, Enterr10 and the newly-launched Enterr10 Bangla, the network is ruling the rural market and continues to expand in the urban and regional markets as well.

    While Dangal TV has been a chart-topper for several months as per BARC ratings in the across genre and GEC categories, Bhojpuri Cinema also commands a leading position. Going forward, the company anticipates high growth for Enter10 as well with the launch of 52-week world television premiere.

    Sharing the roadmap for the channel, Enterr10 CEO Joy Chakraborthy said, “We will continue to invest in good library, innovative programming and of course distribution and I foresee a huge growth coming for this channel in the future.”

    “We have launched 52-week world television premiere. So, every week the channel has a world television premiere,” he said, adding that this will further aid in consolidating its position in both rural and urban markets.

    “The USP of Enterr10 is that it delivers consistent ratings through the day, making it a very lucrative choice for advertisers. Now with world television premieres, we expect further spikes in viewership, which will lead to higher rates for the said slot,” he added. “While we are in leadership position in rural India, our strength in the urban market is also evident and this gives us a strong saleable reach.”

    Enter10 has also very successfully monetised South dubbed films, which are now a regular feature on the channel.

    “Southern dubbed movies, actually, work very well in the Hindi heartland,” quipped Chakraborthy adding that the channel has a vast content library of movies which are a healthy mix of Hindi language as well as South dubbed films. He stated that the channel has a variety of genres – action, romance, family and drama.

    Apart from movies, the channel has also experimented with reality shows like Fear Factor in the past and such experiments will continue in the future as well, Chakraborthy assured.

    “While the core will remain films, we will continue to experiment and get differentiated content for our viewers from time to time,” he said.

    The Hindi movie genre is dynamic, challenging and cluttered due to the presence of many channels, including some from old-horses like Zee and Star.

    “Despite these challenges, in terms of revenue and viewer affinity, Hindi movie genre is the second-largest category in Indian television. We entered a little late but with robust distribution and strong citation of film FPC, we have been able to create our own space despite multiple challenges in terms of movie costs and library.”

    Chakraborthy said that NTO has been beneficial for the network. “We are the only network that has grown post NTO and thus, advertisers are also getting value for money. Enterr10 has been a significant contributor to our overall revenue growth.” 

  • How Dangal TV is ruling the heartland

    How Dangal TV is ruling the heartland

    MUMBAI: Nearly a decade after it was launched, Dangal TV has emerged as one of the most-watched channels in India across genres, thanks to a well-thought-out strategy of curating selective old shows and producing originals on Indian history and mythology, apart from the usual soap-operas.

    The Hindi GEC Channel Dangal TV, part of Enterr10 TV Network, has consistently topped the weekly list across genres of channels in 2019 (Source: BARC) and is a delight for media agencies and advertisers the media plan.

    Dangal has emerged as an undisputed leader in the rural Hindi-speaking market (HSM), while maintaining a decent hold in urban areas as well.

    Joy Chakraborthy, CEO, Enterr10tv, says, "It’s not just by luck that we have consistently topped the list of most popular channel in India."

    To what extent has the FTA model helped Dangal?

    Dangal was launched as a free-to-air (FTA) channel in 2009. However, since TRAI’s 2019 new tariff order (NTO) that mandates that customers select the channels and bouquets they want to subscribe and broadcasters announce the MRP of the same, Dangal has emerged as the undisputed leader in all genres of channels.

    KPMG India partner and head, media and entertainment Girish Menon says: “The top FTA GEC channels, especially on the DD Freedish platform, have commanded a high viewership share post the NTO regime, especially in the rural markets. The primary reason for the same has been the flanking channels of the top 4 broadcasters turning pay after the transition to the NTO regime, and the removal of these channels from the DD Freedish platform; which in itself has access to 30 million HHs.”

    Industry experts say that Dangal has an edge over its competitors as it is an FTA channel, a great advantage in a price sensitive market like India. Interestingly, Dangal is often the only FTA channel in the weekly BARC list of Top 10 channels by viewership. 

    Chakraborthy, however, is dismissive of those who credit Dangal’s success solely to its FTA strategy.

    “Look, after the NTO order, every media network had the option to remain in FTA space or to become paid channel. If FTA is our only mantra for success, tell me why Dangal is often the only FTA channel in the list of top 10 channels. Dangal is not the No.1 free channel. It’s the top channel across genres,” quips Chakraborthy, showing us the viewership chart for Dangal TV in 2019.

    Chakraborthy, who joined Enterr10 TV Network in March and has over 25 years of experience in M&E industry, working with Times Group, Star India, Zee, Network18 and TV Today Network, is also clear that he wants Dangal to remain free of cost: “I have no intention to convert Dangal to a paid channel. We will remain FTA channel.”

    How is Dangal making money without subscription revenue?

    Chakraborthy, who calls himself an all-in-all revenue guy, says advertising is its only source of revenue. “ROI is at the heart of all our operations. Before we commission a new show or syndicate one, we do a detailed research and check on advertising potential.”

    He points out that while advertisers have multiple options to reach consumers in metro cities, like, TV, print, OTT, etc…Dangal provides companies access to millions of consumers in the Hindi heartland where these other mediums are comparatively weak or not cost effective. It is this market where Dangal TV simply cannot be ignored and this brings advertisers.

    But, has not ad revenue declined with the GDP falling to a six-year low of 5% in August 2019?

    Chakraborthy says that while ad revenue in some mediums may have shown a decline, TV has remained mostly unaffected. On GECs, FMCG goods are the primary source of revenue and their demand has not dampened despite slowing economy. “FMCG advertisers are our bread and butter and they are doing well and pumping in monies on television. Up to 80 per cent of our ad revenue is coming from FMCG firms. Dangal’s objective is to get all potential advertisers on board without compromising in rates and values.”

    The strategy behind mythological/historical fiction shows

    Industry experts believe Dangal is successful as it has carved out a niche space for itself in the crowded Indian broadcast market. The channel has been able to maintain its distinct identity by carefully curating old shows and producing originals in the genre of Indian history, spirituality and mythology; Mahima Shanidev Ki, Ramayan, Dwarkadheesh Bhagwaan Shree Krishna, Sikandar vs porus, Chandragupta Maurya, Veer Shivaji, to name just a few.

    Dangal TV is clear about its identity and upfront about its strategy. Its website clearly defines its endeavour as an attempt to meet the “demand(s) of entertainment and information to make audience feel connected to our (Indian) ancient history and mythology.”

    The key to success for the top FTA GECs is to focus on fresh programming, with a judicious mix of shows across genres such as daily soaps, mythological and socially relevant programming, Menon says.

    That Dangal’s success is in large part owing to the unique programming line-up of mythological entertainment shows is clear from the fact that in week 19 of 2019, when Dangal TV topped the list for most popular channel across genres, its most popular show was Mahima Shanidev Ki, followed by Ramayana.

    Dangal’s brilliance lies in the fact that it was the first to realise and move in the space for a Hindi entertainment channel, focusing primarily on shows about Indian history and mythology, apart from the usual run-of-the-mill crime thriller, horror shows and family dramas.

    This space was consistently ignored by programming heads for nearly three decades despite the success of shows like Ramayana and Mahabaratha in the late eighties.

    Chakraborthy agrees: “Mythological shows are sure-shot winners. Metro cities are often oblivious to the fact that India is a deeply religious country. In addition, mythological shows can be watched with families. TV watching in India is still a family experience and parents would rather have their children watch Ramayana than Narcos or Breaking Bad.”

    Strategy behind acquiring old shows

    Dangal ratings, undoubtedly, have also been helped by successfully monetising already aired shows. Shows like Chandragupta Maurya, Bhagwaan Shree Krishna ran on Imagine TV before the channel shut abruptly in April 2012 and already aired titles like Bandini, Ramayana, Mahima Shanidev Ki, have done exceptionally well on Dangal.

    “We go through a lot of historical data before acquiring the license for any show. There are many reasons behind the success of any show. We look at shows that did not do well and analyse why it happened. Perhaps, it was a good show on a bad distribution landscape, or had too tough a competitor, or was probably on the wrong channel. We analyse such shows, acquire them at a fraction of cost, and then re-telecast them at a strategic time-slot to maximise ROI. Results are for all to see.”

    While Chakraborthy is honest in giving credit to these old shows for Dangal success, he is also quick to point out that Dangal is not just airing old shows.

    “At Dangal, I see my greatest challenge to bust the perception that we are only airing old shows. We produced Nagin, which is doing exceptionally well, Darr ki Dastak, a horror show and ‘CIF’, a crime investigation show. We have also commissioned other shows which are ready for telecast, but our current shows are doing so well that we have no time slot left for running these new shows,” Chakraborthy clarifies.

    Going forward

    Chakraborthy has a clear road map for Dangal’s future growth. While there is a rush in TV channels to tie-up with OTT platforms, Dangal’s first priority is to consolidate, maintain and further strengthen its leadership position on television which directly helps in monetisation through advertising.

    “The OTT and web plans are part of the strategy and will be shared in due course.”

    Enterr10 network is fortunate to have a visionary promoter in Manish Singhal, who has identified the right mix of people.

    In the last few months, the network has recruited Priyanka Datta as business head, Amartya Ray as head – revenue planning, sales strategy, research and operations, and Neeta Thakre.

    The Hindi GEC is a Rs 9000 crore market. If Dangal can maintain its dominant hold in this segment, like it has done so far in 2019, then surely, it will have the biggest pie of this crucial market.  

  • Enterr10 appoints Joy Chakraborthy as CEO

    Enterr10 appoints Joy Chakraborthy as CEO

    MUMBAI: Enterr10, the media, and entertainment company, has appointed Joy Chakraborthy as its CEO.

    Before joining Enterr10, Chakraborthy has been part of Network18 as president revenue and Forbes India as CEO.  He quit Network18 in November 2018. 

    The veteran executive commenced his career in 1993 as senior manager response at Times Group.

    After his six years stint at the company, he joined Star India as EVP and served the company for about five years.

    Chakraborthy then joined Zee Entertainment Enterprises Ltd in 2005 as an executive director—revenue and niche channels. After six years of his experience with ZEEL, he joined TV Today Network as the CEO.

    In 2012, he joined Bennett Coleman and Co. Ltd. (Times Group) as director. He worked there for about three years and then joined Network18.