Tag: Living Media India Ltd

  • Prasar Bharati OTT – Waves launches Magazines and Journals section

    Prasar Bharati OTT – Waves launches Magazines and Journals section

    MUMBAI: Prasar Bharati unveiled the Magazines and Journals Section on its OTT platform, Waves, bringing India’s leading periodicals to a unified, multilingual digital destination. The initiative was launched by Gaurav Dwivedi, CEO, Prasar Bharati during Magzimise 2025 at The Imperial, New Delhi, in the presence of prominent publishers, and industry leaders.

    The section hosts over 50 titles from six popular publications including Living Media India Ltd (India Today Group), Delhi Press Patra Prakashan Private Ltd, Outlook Publishing India Pvt. Ltd., Diamond Magazines Private Ltd, Kalakaumudi Publications Private Ltd, and Ananda Vikatan Productions Private Ltd. The catalogue covers news, current affairs, research, lifestyle, culture, and special interest content.

    The publications are available in nine languages including English, Malayalam, Gujarati, Bengali, Kannada, Marathi, Telugu, Tamil, and Hindi namely:

    * India Today English, India Today Hindi, Business Today, Reader’s Digest, Cosmopolitan, Harper’s Bazaar, Hello! India, Auto Today
    * Grishshobha Hindi, Sarita, Saras Salil, Manohar Kahaniyan, Grishshobha Gujarati, Grishshobha Marathi, Grishshobha Kannada, Grishshobha Tamil, Grishshobha Telugu, Grishshobha Bangla, Grishshobha Malayalam, Mukta, Farm N Food, Satyakatha, Champak (English), Champak Hindi, Champak Marathi, Champak Gujarati, Champak Kannada, Champak Tamil, Champak Telugu, Highlight Genies, Highlight Champs

    * Outlook, Outlook Business, Outlook Money, Outlook Traveller, Outlook Hindi

    * Grihlakshmi, Sadhna Path, Cricket Today (Hindi), Cricket Today (English)

    * Kalakaumudi, Vellinakshatram, Muhurtham

    * Aval Vikatan

    This newly launched section complements the free access to prestigious government publications such as Yojana, Kurukshetra, Aajkal, and Bal Bharati, already available on Waves.

    Over the next year, Waves aims to grow this library to 150+ titles from 30+ renowned publishers, positioning itself as one of the most comprehensive digital archives for Indian magazines and journals.

    To mark the launch, Waves is introducing a special limited-period subscription offer of Rs 99 per month and Rs 999 per year.

    Prasar Bharati CEO Gaurav Dwivedi said, “Waves is evolving into a complete content destination, a place where audiences can find trusted information, meaningful storytelling, and cultural depth in equal measure. The Magazines and Journals Section strengthens this vision, offering credible and diverse content in multiple languages to readers across the country. This is about more than convenience; it is about placing quality publishing where the audience already is.”

    Executive publisher, Delhi Press, and president, Association of Indian Magazines, Sh. Anant Nath said, “We are extremely excited to partner with Waves to bring the richness of Indian magazines with their credible and thoughtful content to the large online readership that the platform is building.”

    The section is now live and accessible to subscribers nationwide on Waves across all its platforms, including the mobile app, web portal, and connected TV applications.

     

  • Zee Media acquires 80% stake in India Today’s entities; to launch shopping channel

    Zee Media acquires 80% stake in India Today’s entities; to launch shopping channel

    MUMBAI: Zee Media Corporation Ltd (ZMCL) has acquired up to 80 per cent equity stake in Today Merchandise Pvt Ltd (TMPL) and Today Retail Network Pvt Ltd (TRNL), which are wholly owned subsidiaries of India Today Group’s entity Living Media India Ltd. The company plans to invest approximately Rs 165.78 crore over the next four years in scaling up this business.

    Today Merchandise and Today Retail Network, which are currently running into losses, have been developing infrastructure for launching a TV shopping channel and also operate an e-commerce website called www.bagittoday.com to complement the TV shopping business.

    With this acquisition, Zee Media is not only looking at shortening the launch timing of a TV shopping channel but is also planning to scale up the business at a faster pace.

    By June 2016, ZMCL will acquire 49 per cent equity stake by investing approximately Rs 39.78 crore by subscribing to equity shares of TMPL and TRNL, at par value and will have managerial and operational control over the target entities.

    Subsequently the company will increase its stake, by investing up to Rs 126 crore over a period of four years, by subscribing to any security convertible into equity shares of the two companies at par value, such that upon conversion, the shareholding of the company shall be 80 per cent of fully diluted capital of TMPL and TRNL.

    TMPL was incorporated on 23 November, 2010. During financial years ended 31 March, 2015, 31 March, 2014 and 31 March, 2013, TMPL had achieved turnover of Rs 3.84 crore, Rs 5.25 crore and Rs 5.11 crore respectively.

    On the other hand, TRNL was incorporated on 20 August, 2007 and during its financial years ended 31 March, 2015, 31 March, 2014 and 31 March, 2013, TRNL achieved turnover of Rs 37.36 crore, Rs 52.45 crore and Rs 49.80 crore respectively.

    ZMCL’s board of directors have in-principal approved the stake acquisition. ZMCL, with its existing broadcast operations, is looking to derive the synergy benefits from this proposed investment.

  • Zee Media acquires 80% stake in India Today’s entities; to launch shopping channel

    Zee Media acquires 80% stake in India Today’s entities; to launch shopping channel

    MUMBAI: Zee Media Corporation Ltd (ZMCL) has acquired up to 80 per cent equity stake in Today Merchandise Pvt Ltd (TMPL) and Today Retail Network Pvt Ltd (TRNL), which are wholly owned subsidiaries of India Today Group’s entity Living Media India Ltd. The company plans to invest approximately Rs 165.78 crore over the next four years in scaling up this business.

    Today Merchandise and Today Retail Network, which are currently running into losses, have been developing infrastructure for launching a TV shopping channel and also operate an e-commerce website called www.bagittoday.com to complement the TV shopping business.

    With this acquisition, Zee Media is not only looking at shortening the launch timing of a TV shopping channel but is also planning to scale up the business at a faster pace.

    By June 2016, ZMCL will acquire 49 per cent equity stake by investing approximately Rs 39.78 crore by subscribing to equity shares of TMPL and TRNL, at par value and will have managerial and operational control over the target entities.

    Subsequently the company will increase its stake, by investing up to Rs 126 crore over a period of four years, by subscribing to any security convertible into equity shares of the two companies at par value, such that upon conversion, the shareholding of the company shall be 80 per cent of fully diluted capital of TMPL and TRNL.

    TMPL was incorporated on 23 November, 2010. During financial years ended 31 March, 2015, 31 March, 2014 and 31 March, 2013, TMPL had achieved turnover of Rs 3.84 crore, Rs 5.25 crore and Rs 5.11 crore respectively.

    On the other hand, TRNL was incorporated on 20 August, 2007 and during its financial years ended 31 March, 2015, 31 March, 2014 and 31 March, 2013, TRNL achieved turnover of Rs 37.36 crore, Rs 52.45 crore and Rs 49.80 crore respectively.

    ZMCL’s board of directors have in-principal approved the stake acquisition. ZMCL, with its existing broadcast operations, is looking to derive the synergy benefits from this proposed investment.

  • TV Today telecasts 16 per cent net profit rise in FY 2013

    TV Today telecasts 16 per cent net profit rise in FY 2013

    MUMBAI: Its FM radio broadcasting business is on the turnaround trail. And that – apart from its mainstay its news TV channels Aaj Tak, Headlines Today, Dilli Aaj Tak and Tezz- has helped Living Media India Ltd’s (The India Today group’s) television & FM radio broadcasting arm, TV Today Network, post a pleasing 16 per cent rise in its net profit in the year ended 31 March 2013. However, its Q4 2013 net profit has fallen 13.3 per cent against the corresponding previous year’s Q4-2012.

    TV Today Network has been one of the more efficiently run news organisations in the Indian news broadcasting sector and has been reporting profits for some time now. Other listed news TV organisations have been bleeding and have just about starting showing profits. Hence, its Q4-2013 results appear to be just an aberration.

    Let us look at the standalone Q4-2013 financials as against Q4-2012

    Q4-2013 total revenues stand at Rs 84.27 crore, a drop of over 4.7 per cent as against last corresponding Q4-2012’s Rs 88.46 crore. Its TV broadcasting business contributes nearly 97 per cent at Rs 81.63 crore to its revenues while its FM radio broadcasting operations through its channel ‘Oye 104.8’ generated Rs 2.64 crore.

    The broadcaster has managed to pare some of its expenses at Rs 77.89 crore in Q4-2013 as against last corresponding Q4-2012’s Rs 78.33 crore. The marginal difference is on account of its production costs being reduced to Rs 10.36 crore (Rs 11.24 crore).

    Even though the company has seen a 13 per cent reduction in its net profit for Q4-2013 to Rs 6.36 crore (as against Q4-2012’s Rs 7.33 crore), what is heartening is the narrowing of its losses from its FM radio division in Q4-2013 to Rs 2.74 crore from Rs 4.46 crore in Q4-2012.

    Let us take a look at the consolidated financials for the year ending 31 March 2013

    As mentioned earlier, efficient management of its FM radio operations has helped TV Today Network in FY-2013. Its net profit for FY-2013 had a handsome increase of 16 per cent to Rs 12.21 crore (Rs 10.52 crore in FY-2012). A large part of this increase can be attributed to the decrease in losses at its FM radio division to Rs 13.24 crore from Rs 18.59 crore in FY-2012.

    Total revenue for FY 2013 rose to Rs 312.66 crore as against FY-2012’s Rs 308.43 crore with TV broadcasting revenues contributing Rs 302.69 crore as against Rs 300 crore in FY-2012. Its FM radio division chipped in with Rs 9.98 crore as against Rs 8.09 crore last fiscal.

    The company claims that its profits have been squeezed further on account of its payments to BSNL and Prasar Bharti amounting to Rs 80 lakh and monitoring charges for foreign satellite amounting to Rs 76.91 lakh.

    From the short term perspective, its current liabilities including trade payables have significantly increased to Rs 128.39 crore in FY-2013 as against Rs 94.16 crore in FY-2012, a worrying 36 per cent rise, especially when its current assets have shot by only 24 per cent during the same period.

    TV Today Network has made a strategic investment of Rs 45.52 crore in Mail Today Newspapers which is bringing out a daily newspaper in the north. Though Mail Today is in the initial stages of operations and presently incurring losses, the company holds a confident outlook of its future profitability.

    The company has announced a 15 per cent dividend, even as the share closed at Rs 84.85 by the time trading ended on BSE.

  • ‘We believe that it is not in numbers but in the quality and nature of programming that is getting us noticed’ : Aditya Tripathi – Discovery Lifestyle Networks vice president

    ‘We believe that it is not in numbers but in the quality and nature of programming that is getting us noticed’ : Aditya Tripathi – Discovery Lifestyle Networks vice president

    Discovery Lifestyle Networks VP Aditya Tripathi began his professional career with Living Media India Ltd., and has worked in senior positions with some of the biggest media houses in the country. He made the move to Discovery in 2000 and his expertise in creating brand empathy, marketing and promotion has gone a long way to reinvigorate the various Discovery brands in India, especially Travel & Living.

    India is attaining prominence because of the socio-economic developments taking place in the country. Ahead of Discovery Travel & Living’s (DT&L) first local production The Great Indian Wedding to be aired on 20 August, Tripathi spoke to Indiantelevision.com’s Usha Thomas about how the lifestyle channel was gaining eyeballs with incessant demand from both Indian and foreign viewers for India-centric content.

    Excerpts:

    How did the concept of a lifestyle channel come about?
    With its growing and dynamic TV market and emerging middle-class, India was the right place to begin Discovery Networks’ new lifestyle endeavour. Some years ago, we took stock of the international TV landscape and we identified the presence of established global leaders in different genres: news, sports, movies, factual. And, among all this we identified a niche in the lifestyle space. There was no global brand and given that we had some experience in lifestyle and travel genres, we felt that this was an area we could occupy and dominate in the years to come.

    The senior management from the parent group came to India and wanted to be convinced that India was the right place to launch a lifestyle channel. After a day of the usual presentations, we took them to Gurgaon and showed them the homes, buildings under construction, call centres and malls. They looked around and said if this is the future of India, then lifestyle is the future of India and right there in the middle of a shopping mall, we were given the go ahead to launch DT&L. And, hence India was the first country to launch lifestyle networks.

    What is the positioning of the channel?
    Since its launch in November 2004, DT&L has striven to make its positioning distinct from that of factual channels. From day one, the strategy of our channel was to offer varied, non-fictional content as it is our strength. But, we don’t need to stick to factual alone. We can be factual as well as be in the lifestyle group and our positioning in the lifestyle group is aspirational, yet attainable. It’s just not about enjoying life, it is about celebrating life. It is good looking entertainment. So our channel is aspirational yet attainable, hedonistic, pacy, edgy …always stylish and trendy. We believe in good looking, entertaining television.

    Who is your target audience?
    Our primary target audience is upscale SEC AB audience – males, females and couples, between the age group 18 – 45 years. But, for us SEC, age, gender are limiting definitions. Our focus markets are Top 10 cities in India. Apart from these, the aspirational character of the channel will attract a secondary audience as well. It’s a state of mind that we are looking to capture so we are targeting a person with an international outlook, a person who has travelled abroad, may have even lived abroad, whose kids may be studying abroad and one who has seen international television and international lifestyle. This is common in Travel & Living in the UK, US, Singapore, all over the world. Nationality is not important for people with this mindset.

    Outline your performance in viewership, reach and among advertisers?
    Today, we reach 3 out of 4 cable homes in the country and in the top six metros, we reach 4 out of 5 homes. As far as viewership and relative channel share compared to other English entertainment channels Star World and Zee Café is concerned, we are growing considerably with time. We don’t share content with these channels but almost eight months after our launch, we had overtaken Star World in terms of numbers.

    Word of mouth and strong advertiser response is an indicator of our success. We are looking at the mindset which goes beyond demographics.

    Though TAM is a very democratic form of measurement designed to measure television groups across the country, groups, cities & towns, it is not designed to measure our target audience. For us, it is the people in malls, in fine dining restaurants, our ad agencies who are watching the channel. We believe that it is not in numbers but in the quality of programming and nature of programming that is getting us noticed.

    DT&L is about innovative, up market and interesting programming and we seek to experiment with properties that transverse different genres. We also pride ourselves on understanding our audience. Audience feedback has greatly attributed to our success and word of mouth is what makes us tick.

    In the first year, we had 236 brands on the channel and each time we go to an ad agency, the decision makers and their families are watching the channel so we have got very positive response from the advertisers to this channel. Also, despite the rapid growth of the television industry in India, advertising spends on lifestyle brands have traditionally been restricted to the print medium. The lifestyle channel provides advertisers with a dynamic media vehicle to reach a well targeted and defined viewership profile. It attracts 120 advertisers from across product categories, further cementing the channel’s unique value proposition.

    DT&L is providing a variety of shows, apart from just travel based shows. The programming strategy on DT&L since 2004?
    DT&L is essentially a lifestyle channel and along with travel, the programming will give viewers the inside track on all the latest trends in luxury and includes travel, health, relationships, wine, cuisine, home, car, bikes, the good life with a little bit of celeb and glam life.

    We have evolved keeping our original concept in mind and have grown far more than expected since our launch two years ago. Content is the key driver. We have made it our policy to incorporate as many different genres as possible and to acquire international programs or create localised programming in order to form a strong bond with our viewers.

    The Theme Week and Sunday Brunch strategy introduced in end December 2005 targeted at both viewers and advertisers. These programming blocks were created to appeal to the various target groups at times that they prefer while at the same time giving advertisers a focussed platform to reach key audiences.

    We have introduced a number of genre-defining programmes that have never been seen before in India, for example,American Chopper, Faking It, Million Dollar Agents, Miami Ink. We have all along explored different different genres of programming and experimented with reality factual programming with a difference.

    We don’t do celeb focusssed programming and are not overawed by celebs. Shows that we have incorporated have ranked extremely high in terms of quality and appeal and capitalize on wit and local humor, apart from being real.

    What are your views on DTH in India?
    The encouraging DTH scenario was also one of the reasons why the Indian management had been advocating the case for a lifestyle network in India. The channel has been established as a lifestyle channel, roping in the upwardly mobile. Currently available in 22 million homes across the country, DTL is also now available on the DTH platform.

    Today, we have the choice to choose the bouquet you want and the channel you want, so we welcome it. Internationally, the Discovery family of channels has thrived in all DTH markets. All three of our channels – Discovery, Animal Planet and Travel & Living are available on Dish TV and Tata Sky. We get to see the channel we want rather than with cable ops where they run all the channels and one can’t choose. For DTH, exclusivity is important and that suits us.

    10-15 per cent of the programming will be Indian. At any given point, we will have one local show on air and every quarter, we will premiere a new series

    Can you tell us about Discovery producing programs in India?
    India’s relevance on the world map is increasing. There are more people around the world interested in India, coming to India to work and travel so therefore DT&L is producing programming on Indian audiences but this will go to our channels across the world. The programming will show India in a positive light and in turn we get eyeballs from other regions who see these programs and maybe plan to visit India on seeing it.

    The way the Discovery format is used, we make a program on one part of the world and we show it in other parts of the world. That is the nature of our programming and all the shows on the three channels Discovery, DT&L and Animal Planet are of global interest. Similarly, we know our channel here is an international channel that provides high quality entertainment for a global audience.

    Give us the complete lowdown on the first local production The Great Indian Wedding?
    With our decision to commission local productions in India, we had been identifying various ideas that fit our programming strategy. Amongst many other concepts, we zeroed down to The Great Indian Wedding show. Also, in our discussions with many production houses, Delhi based Blue Mango came up with the very same idea. They were given the go ahead to make a pilot, mainly to serve two purposes: Get the formula right and then make the rest of the series.

    At the time that we decided on the wedding series, the media was all agog about the Chatwal wedding. Many other channels were trying to get the coverage and when we spoke to the Chatwals, they readily agreed to give us exclusive access to all the happenings on the wedding which was to be held in three cities in India – Mumbai, Udaipur and Delhi.

    The Great Indian Wedding is a one of a kind series, allowing the viewer to experience the wedding as an insider. The focus is on weddings with a difference and have a twist to them: opulence, glam quotient, location and theme. The pilot episode premieres on 20 August at 8 pm.

    During the ad break of this pilot episode, a banner will be streamed asking viewers if they have a great Indian wedding coming up. Based on the responses and our research, the 13 part series will be made. The remaining episodes will go into production in the 2006-2007 wedding season. We are looking at ethnic, different weddings and need not be of the same scale as the Chatwal wedding. Apart from the many applications received for the upcoming wedding season, we expect many more once the pilot episode is aired.

    The programme captures the glamorous theme parties extending from exotic locations like Jag Mandir in Udaipur to premium hotels in Delhi, the striking performances by Indian and international artists and the romantic and religious wedding ceremony. The host, Natasha Mago presents an insiders view, chatting up the bride, groom, guests, the challenges and frustrations of the wedding planner and the actual wedding ceremony.

    All guests invited at the wedding who appear on the show have given their signed consent in this regard, mainly to avoid legal hassles later, what with the high celeb turnout for this wedding.

    Our aim is to showcase India and showing a wedding held at the opulent and historical venues at Udaipur & Delhi, we hope to do our bit in promoting tourism in India. Keeping in tune with the high standards that Discovery is associated with, budgets were high especially as it was all shot on digibeta cameras. It was not studio based and there will be no compromise on the quality of the film, light, sound and effects used. We are clear that each programme should include a unique and entertaining story, credible facts and high-quality production values.

    We plan to get into merchandising by early next year by releasing DVD versions of our popular series and those currently on air

    What are the marketing initiatives being undertaken for the new local shows?
    We have already started airing promos and teaser campaigns for the pilot episode from 15 July and these have evinced a lot of interest among the viewers and the advertising fraternity. On the day (20 August) that the pilot episode will be premiered, we will be placing advertisements in all the major national dailies.

    Have you set targets regarding the amount of India centric content?
    It is essentially an international channel and India productions will be a small but significant part of the repertoire of programmes. The Indian programming will never dominate the channel as we clearly make it with the intention of airing it in other parts of the world. So, maybe 10-15 per cent of the programming will be Indian. At any given point, we will have one local show on air and every quarter, we will premiere a new series.

    What outdoor activities are being planned in India in order to extend the brand beyond television?
    We plan to get into merchandising by early next year by releasing DVD versions of our popular series and those currently on air. We have tie ups for the same with firms based out of Singapore and hope to soon associate with local firms.

    Name few acquisitions made recently?
    Among the recent acquisitions are a home interiors show called Trading Spaces and one on the training methods for airline cabin crew called Flight Attendants School. In January, we will be airing another BBC title Hairy Bikers Cookbook which captures the journey of two motorbike freaks as they travel to different places and learn about the local food.

    Are Indian viewers different from their counterpart in other countries?
    Honestly, there is no difference as our target audience matches up to any other in a similar genre in the world. They travel a lot, may have been educated abroad or visit countries on business and their lifestyles, eating habits and aspirations are similar to those abroad.

    Any plans of incorporating broadband and mobile into your business?
    We are looking at what technology may allow and what audiences are looking for and yet marrying that to the core DNA attributes of what Discovery has represented and people have loved through the years. We do not consider them a threat and with time, will integrate them in our business. Flipping channels is a reality and we are evaluating on working with mobiles, VoIP and other different platforms. We have been at the forefront of incorporating technology in the way we program and market the channel.

    For the series aired last quarter Five Takes, we had selected young people in their early to mid-twenties, and have given them $50 a day, a camera to film and software to edit so they document their daily lives. We gave the audience the opportunity to vote on the net and via SMS to decide where these young people should go and what they should do.

    In the niche channel environment where perception counts for a lot customization, do mention any customised solutions that have been done for clients?
    We recently had our first initiative in this regard with HSBC Bank for the HSBC Premiere card. They target the same high net worth individuals like us and they invited their customers and potential customers to a dinner and whisky tasting event at elite hotels in Delhi, Mumbai and Bangalore. We spoke about different whiskeys, their history and they also got to taste the best available in the world. We got tremendous feedback from those invited and HSBC and will hold many more customized events with like minded firms in the future.