Tag: media

  • Eros Intl acquires global distribution rights for ‘Namastey London’

    Eros Intl acquires global distribution rights for ‘Namastey London’

    MUMBAI: Bollywood media and entertainment firm Eros International has acquired the global distribution rights for Namastey London.

    It has been directed and produced by Vipul Shah and co-produced by Ad Labs.

    The film stars Akshay Kumar as Arjun, a tough but fun loving farmer from Punjab who is trying to make a success of his arranged married to sophisticated English Rose Jasmeet Singh. Jasmeet, aka Jazz, played by the beautiful Katrina Kaif, is determined to cherish her love for her British boyfriend Charlie Brown.
    Namastey London is an emotional drama told in a light vein is love about giving or taking? Will Indian values surrender to Western upbringing and whether Jazz or Jasmeet will prevail?

    Eros’ first co-production Waqt – A Race Against was also a Vipul Shah directorial venture.

    Eros will also release the soundtrack for Namastey London as well. It has 18 tracks including lounge remix versions. Music director Himesh Reshammiya has given music to the film.

    Eros will release the film globally on 9 March, 2007. After the success of the Othello inspired Omkara, Eros has three global releases in the run up to March 2007 – Salaam-E-Ishq, Eklavya and Namastey London.

  • ICC pilots Media Notes publication in build up to the World Cup

    ICC pilots Media Notes publication in build up to the World Cup

    MUMBAI: With less than six weeks to go to the start of the cricket World Cup the International Cricket Council (ICC) has launched the first pilot edition of a new publication aimed at the world’s cricket media.

    Media Notes will be available to download from icc-cricket.com and will be produced on a regular basis in the build up to world cricket’s showcase event.

    The publication will promote major tournaments and ICC events, highlight the women’s game and also look at matches of significance involving the ICC’s Associate and Affiliate Members.

    And it will also keep readers up to date with the latest movements in the LG ICC Rankings, both for teams – the Test and ODI Championship tables – and individual players. The LG ICC Rankings are the only officially endorsed ratings for international teams and players.

  • Ofcom launches PSP consultation

    Ofcom launches PSP consultation

    MUMBAI: UK media watchdog Ofcom has launched its planned consultation to consider the option of an online public service publisher (PSP).

    If given the go ahead, the service would compete with the online operations of Channel 4 and the BBC. The idea was muted by the regulator back in 2004.

    Ofcom notes that although public service content will be provided by the market, it may well not be enough either in terms of quantity or diversity – a market shortfall is likely to arise. This may have adverse implications for the level of UK-originated production, and for plurality in the public service system – the BBC is likely to play a material role in the digital media world of the future, but for a public service culture to flourish, effective competition for quality is needed.

    Ofcom states, ” We are open-minded about the best solution for the future of public service content – we will not report again on the how to maintain and strengthen the quality of Public Sservice Broadcasting (PSB) until the next PSB Review, which must be completed no later than 2009/10.

    “The primary purpose of this paper is to take the debate forward within the UK’s creative industries and policy environment. We continue to believe that there is a real opportunity for a new PSP to make a significant contribution to the public service system, and to create a lasting legacy for the future.

    ” We welcome the Culture, Media and Sport Select Committee’s interest in the PSP concept in its inquiry into public service media content.”

    Ofcom has given 23 March 2007 as the last date for obtaining feedback. It is actively seeking responses on:

    – The appropriate nature of intervention in the digital media age, and the balance between TV and non-TV forms of public service content distribution

    – The potential role of the PSP and its creative remit

    – The operating model – in particular, the approach to rights management

    – The scale of funding required. Ofcom notes that the future of PSB in UK television is central to its remit. Its first statutory review of PSB was completed in 2005 and set out recommendations for maintaining and strengthening the quality of PSB against a backdrop of rapid change in broadcasting. The television market has continued to evolve at speed since the review, as a result of which it published Digital PSB in July 2006.

    Digital PSB highlighted a number of market developments affecting the future of public service broadcasting. One of these is that the rapid take-up of digital television is reducing the viewing share of the traditional public service broadcasters, and hence the value of the analogue spectrum

    Viewers – especially younger audiences – are increasingly watching content on internet and mobile platforms, and are starting to move away from traditional TV. Changes in spectrum policy will affect the way in which public service aims need to be financed in the future.

    In Ofcom’s view, these changes mean that the delivery of PSB in a fully digital television world needs to be rethought. While the core public purposes endure, the means of delivery and institutional framework may have to change. As a result, the challenge is to define the appropriate model for PSB for the future, not for the world as it is today – or as it has been in the past. The challenge is as much an opportunity for public service broadcasting as it is a threat to it.

  • CFOs to play bigger role in media and entertainment business: E&Y

    MUMBAI: Media and entertainment companies are redifining the role of their finance executives in the changing landscape of convergence and competition, according to a report by Ernst & Young.

    “As companies scale up, the chief financial officer’s role is becoming increasingly critical both in capital raising for growth and management of risks,” the survey said.
    Driving this change are the advances in mobile technologies and increasing public expectations as on-demand content gains in the marketplace. The key agents for change in the industry are changing content and distribution models as well as mobile entertainment devices.

    The survey, “Center Stage: CFOs and Finance Executives In The Spotlight Of An Industry In Transition,” was released in Mumbai today by Ernst & Young global head – media & entertainment practice John Nendick. The interview covered over 200 finance executives including views of 46 CFOs (six from India) and 140 online participants from major media and entertainment (M&E) companies across the world.

    Says John Nendick, “We are delighted to release this global survey in Mumbai, which is home to one of the most vibrant and fastest-growing M&E markets in the world today. Several Indian M&E players are in the midst of rapid transition, brought on by a booming consumer base and the twin forces of convergence and competition.”

    Finance executives are playing a larger role in the media and entertainment industry, which includes moving beyond handling the plain vanilla finance function to assisting the CEO in strategic decision-making, including scenario analysis, customer product analysis and investment optimisation.

    “Maintaining a risk-reward balance, rapid changes in the M&E industry have made it more complex and unpredictable. While this has brought many opportunities, there are risks that also have to be considered. This has placed the CFO function in a critical position. CFOs in the M&E space have to analyse how enterprise can derive more value from existing investments and operations,” the study points out.

    CFOs play a key role in mergers and acquisitions activity, starting from assessment, evaluation and integration. This includes post merger performance tracking of an acquired entity against original investment criteria.

    CFOs interviewed in the study also feel that they are prone to missing out on opportunities to reduce taxes. According to the study, 76 per cent of the CFOs believe tax planning should be a key priority for executives.

    Anytime Anywhere Entertainment

    Changing content and distribution models will have a severe impact on the industry over the next two to three years, 86 per cent of participants felt.

    Adoption of personal entertainment and communication devices (MP3 players, mobile telephones etc.) will have the greatest impact, according to 79 per cent of the participants. Expanding global universe of mobile wireless subscribers ensures that the ‘anytime, anywhere’ entertainment will continue.

    According to the study, finance executives of global M&E companies believe that the businesses that will emerge as winners are those that welcome the new distribution channels and are capable of identifying the right content for the specific delivery vehicle.

    The Future is Internet

    To the question of business models for media and entertainment companies most likely to thrive in future, 77 per cent of the study participants consider Internet media providers as the most likely market winners, whereas only 24 per cent view cable operators as thriving businesses in the future. New (independent or cable channel) content creation and electronic gaming are rated as second and third business models in a best position to thrive.

    Radio broadcasting, newspapers and periodical publishing are not thriving business models, CFOs and finance heads of global M&E companies said. Whiler only 11 per cent favoured radio, 13 per cent were keen on publishing businesses as best positioned to thrive in next two to three years.

    The survey is a continuation of Ernst & Young’s series of studies exploring strategic issues and trends transforming the media and entertainment industry worldwide.

  • Dasmunsi urges diaspora role to reflect changing India

    Dasmunsi urges diaspora role to reflect changing India

    MUMBAI: Union Minister of Information and Broadcasting and Parliamentary Affairs, PR Dasmunsi while addressing the session on ‘Media and Indian Diaspora’ at the Pravasi Bharatiya Divasstated that the Indian diaspora should act as a medium to reflect the changing scene in India.

    The Minister said that the spate of development in India is carrying along with it the democratic values, freedom of the Press and other pillars of Indian democratic system and is not just growth from the economic point of view.

    This perspective, he said, needs to be conveyed to the world at large for showing a true picture of emerging India. The Minister appreciated the role of Indian diaspora in providing a window to us all for a better understanding of the systems and values operational worldwide.

    Delineating recent changes brought in the regulatory and facilitative framework for the print as well as electronic media in the country, Dasmunsi said that Indian Press enjoys enormous freedom. The interaction between the Government and the Media is on democratic and friendly lines.

    He lauded the support and cooperation of the media to the Government in hours of crises to keep in check the designs of divisive forces. The Minister felt that the Indian media based abroad can exploit the ongoing boom in the electronic media in news as well as programme based channels in the country.

  • Disney’s Robert Iger unveils redesigned Disney.com at Consumer Electronics Show

    MUMBAI: The Walt Disney Company president and CEO Robert Iger unveiled the newly redesigned and enhanced Disney.com web site at the 2007 Consumer Electronics Show.

    The site will be launched later this month, informs an official release.

    “We are witnessing an explosion of media and Disney is both reaping the benefits of that explosion and acting as a catalyst by taking a technology-friendly approach,” said Iger, noting that the company was the first to offer movies and TV shows for download on iTunes last year.

    Taking advantage of the growth of broadband and new web tools, Disney.com is an interactive experience that offers personalization and community-building amidst a broad array of Disney entertainment, products and services.

    Disney Xtreme Digital (Disney XD), the broadband centerpiece of the new site, will allow guests to personalize their favorite Disney content as well as watch and share with others videos, including television shows and shorts; chat with friends, listen to music; create playlists; and enjoy an array of games.

    Disney.com guests will also be able to access premium content through Disney XD, such as the upcoming Pirates of the Caribbean Online multiplayer game, which is set to launch in 2007, adds the release.

    “Disney.com is the digital doorway into Disney and both a destination and a portal into a vibrant, rich online entertainment experience for children, parents and people genuinely interested in Disney,” Iger said.

     

  • ‘Rolling out of Cas has been the most significant development’

    ‘Rolling out of Cas has been the most significant development’

    One of the most significant developments of the year has been the re-emergence of Zee Network and especially Zee TV as a clear market leader in the entertainment segment when it surpassed its closest rival Star. Its ‘reality show’ Sa Re Ga Ma Pa registered an all time high TRP/viewership amongst different age groups.

    Zee Network has also launched a new youth centric family entertainment channel ‘Zee Next’ in December 2007. With BAG Films, NDTV, UTV and TV-18 also planning to bring channels of different genres, the viewers can expect a wide variety of content in 2008.

    However, the year has not been so good for sports channels having cricket/BCCI rights as after losing legal battle they had to compulsorily share their feed with Doordarshan in respect of One Day and Test matches under the downlinking guidelines.

    The attempt on the part of government to create consensus on the Broadcast Bill received a setback when certain entertainment channels and news channels opposed to the introduction of the Bill, forcing the government to defer its introduction. Most of the media houses have expressed the view that rather than the government stipulating content code by way of legislation, they would like to have a self-regulatory content code.

    With BAG Films, NDTV, UTV and TV-18 also planning to bring channels of different genres, the viewers can expect a wide variety of content in 2008
    _____****_____

    They apprehend that proposed bill and content code is an attempt on the part of the government to curb the freedom of press through the back door. However, at the same time there has been a vociferous demand from various section of society to impose some kind of control on the ‘unregulated content’ being currently beamed.

    I am of the view that there is an imperative need to have a regulatory regime in the broadcasting sector and the Broadcast Bill is a step in the right direction. The proposed legislation contains various provisions which are not only in the public interest but also in the interest of the broadcast sector, which would not only bring order in the sector but would also stimulate the much needed investment so as to provide an opportunity to the sector develop and grow in a focused manner.

    While there are certain provisions in the bill e.g. provisions pertaining to cross media ownership and restriction in holding shares within electronic media and distribution sector which may act as an impediment to the overall growth of the sector, the media sector has brought to the notice of the government that the present era is that of globalisation and consolidation by way of merger and acquisition, and these kind of restrictions act as barriers for accessing and optimally utilising the resources of capital formation for the growth and development of the sector.

    The Indian media industry, especially Indian broadcasters have to compete with global media companies. In order to match the might of those companies, they must have adequate technology, capital and manpower resources. Thus, the process of capital formation is one of the key ingredients to acquire and accumulate competitive strength and these kinds of restrictions are unwarranted. The government has fairly agreed to review these provisions and has also entrusted the task of developing a draft content code to News Broadcasters Association.

    In my view the industry should welcome the Broadcast Regulator, as an effective Regulator protects both consumer interest and the industry from arbitrariness
    _____****_____

    In my view the industry should welcome the institution of a Broadcast Regulator in as much as an effective Regulator protects the consumer interest and also protects the industry in question from arbitrariness and interference of the government of the day. The media industry has grown too large and too complex and as such it is in the interest of broadcasting sector itself to have a Regulator. However the Regulator must be autonomous, and independent of the Executive.

    Towards the fag end of the year certain court orders and judgments have also come, in which there have been observations that Broadcasters/Media need to observe general community standards of decency and civility in news content, taking particular care to protect the interests and sensitivities of children and general family viewing. The Courts have directed the government to expeditiously bring the content code in the Broadcasting sector.

    It is high time the industry responds to this and effectively works with the government in finalising an appropriate self-regulatory content code at the earliest.

    There have been a lot of regulatory developments during the year. Trai has brought out Quality of Service Regulations for DTH which outline service bench marks to be followed by DTH operators. This particular Regulation mandated the commercial inter-operability for Set Top Boxes (STB) in DTH service.

  • Research and Markets’ ‘Spotlight on Television 2.0 Leaders’ focuses on Disney

    Research and Markets’ ‘Spotlight on Television 2.0 Leaders’ focuses on Disney

    MUMBAI: Market research and market data provider Research and Markets has announced the addition of ‘Spotlight on Television 2.0 Leaders: The Walt Disney Company’, to their offering.

    An exclusive analysis of Disney’s current and projected sale of downloadable video is spelled out in ‘Spotlight on Television 2.0 Leaders: The Walt Disney Company’, the latest report in the series that takes a close look at the companies shaping the new video-over-the-Internet and mobile TV businesses, informs an official release.

    Disney’s agreement to sell TV shows and movies on iTunes could generate around $324 million in sales for the company in 2008, a new revenue stream that reflects just one of the entertainment and TV giants innovative forays into the TV 2.0 sector.

    More than any other single event, Disney’s landmark deals to deliver TV shows via Apples iTunes store helped usher in the new era of Internet-delivered TV. Now, Disney stands alone among its studio peers in selling films on iTunes. Both of these moves have handed Disney a growing source of new revenue, one that promises to climb from only $44 million this year, to $150 million in 2007 and over $320 million in 2008, adds the release.

    Despite the growth prospects, however, downloadable TV show and movie sales will still represent a tiny percentage of Disney’s overall revenue, less than 1% of the media and entertainment leaders current annual revenues. But Disney’s TV 2.0 initiatives cover a broad spectrum of activities, many of which — such as the streamed delivery of ad-supported primetime TV shows on the web — represent far bigger businesses than the sale of downloadable video.

  • Online video boom starting to affect TV viewing: BBC Study

    Online video boom starting to affect TV viewing: BBC Study

    MUMBAI: People are starting to watch less TV as the online video boom grows, suggests a BBC News survey.

    Around 43 per cent of UK people who watch video from the internet or on a mobile device at least once a week said that they watched less normal TV as a result.

    Online and mobile viewing is rising – three quarters of users said they now watched more than they did a year ago. The BBC News Website is running a series of special features looking at the future of TV.

    The website’s survey also suggests that online video viewers are still in the minority – just nine per cent said that they did so regularly.

    Another 13 per cent said they watched occasionally, while a further 10 per cent said they expected to start in the coming year.

    But two-thirds of the population said they did not watch online and could not envisage starting in the next 12 months.

    In the survey, one in five people who watched online or mobile video at least once a week said they watched a lot less TV as a result.

    Another 23 per cent said that they watched a bit less, while just over half said their TV viewing was unchanged. Three per cent said that online video inspired them to watch more TV.

    Online and mobile video is far more popular among the young, with 28 per cent of those aged 16 to 24 saying they watched more than once each week.

    An average of 10 per cent aged 25 to 44 were net video regulars, with that figure falling to just 4% of over-45s.

    Earlier this year, media regulator Ofcom said that the number of 16 to 24-year-olds watching TV in an average day had dropped 2.9% between 2003 and 2005.

    Comedian Ricky Gervais, whose audio and video podcasts have become hits on the web, said amateur video would never replace TV – but broadcasters would harness the power of the internet.

    “You can’t knock up an episode of The Sopranos or 24 on a little handheld digital camera,” he told the BBC News website.

    “I don’t think you’ll ever be able to sidestep TV or DVD. But TV companies will embrace it.”

    The choice offered by new platforms was “exciting”, he said, and any future developments depended on how many people started using the technology.

    “I’m sure when the BBC first launched, they were going: ‘Ah, not many people have got tellies. Who’s watching this?’ So it’s good to get your act together. And then people catch up with the know-how and the means to watch it.”

  • ‘80% of activity where brands are engaging themselves with films is in associative marketing’ : CEO Navin Shah

    ‘80% of activity where brands are engaging themselves with films is in associative marketing’ : CEO Navin Shah

    This year the Indian film industry has entered the spotlight with release after release that has caused a stir in the media. Amidst all this, there have also been several others contributing to the noise and much like ‘parasites’ seem to be clinging on to the fame! In short, brands are increasingly riding the tide of Bollywood, transforming this activity into a more organised format by investing ‘big monies’ towards it. This trend seems to be gaining ground in the Indian sub-continent with a whole host of advertisers jumping in the ‘brand-wagon’ of blockbusters including Krrish, Lage Raho Munnabhai, Don and the latest addition Dhoom 2.

    Highlighting the potential of this relatively new yet burgeoning industry, P9 Integrated CEO Navin Shah took some time out to speak with Indiantelevision.com’s Renelle Snelleksz.

    Excerpts:

    What are the various options available to advertisers when associating with a film?
    A product placement is only one aspect of what a brand can do with a film. In fact, product placement only forms 10 per cent of all the activity. Actually a lot happens outside the film, in what is popularly called associative marketing or co-promotion, where the film rides on the brand to get promoted and in turn the brand rides on the euphoria of the film.

    Firstly, there is no lag in the time period, like for Salaam-e-Ishq, which is releasing on 24 January, the planning can be done now. Secondly, even if there is a high integration of the creative of the brand footage and the film, it is only outside and is short lived. It is irrespective of the fate of the film, because you are doing an outside association you are assured of your ROI as it is media linked. The association can be amplified via other mediums like television, print, cinema hoardings.

    Therefore, 80 to 90 per cent of activity in which brands are engaging themselves with films is in associative marketing.

    Is it not a big risk that brands are taking with in film associations, especially if the movie doesn’t do well?
    If you look at it from purely a visibility perspective, while it is a risk, when you have product placement x amount of viewership is guaranteed. However, today there are a couple of more avenues where the brand is going to be seen, most importantly is satellite television because sooner or later the movie will be released on TV, not just once but at multiple times so in that case visibility is assured. In addition, in the Indian context, the home video segment is really growing so even the shelf life of the film is largely increased with the sale of DVDs. To that extent, the risk gets slightly amortized but in-film per se is a ‘high risk high return model’ because if it works then the returns can go as high as Rs 20 to 30 crores. Therefore, the marketer is always aware of the fact that he is pumping in on something that can give him a disproportionate return.

    Brand associations are then a viable option and filmmakers stand to gain as it not only provides additional revenue but also helps to market his film?
    In fact this is what most of the advertisers think. But if you look at it from a filmmaker’s perspective he makes a mutli-million rupee film, the brand monies are inconsequential in terms of its overall PNI. In this scheme of things. the brand actually rides on a Rs 15-40 crore project. It’s not only the producer that benefits from this activity. If done right it’s a win-win situation. In fact, for a client it’s a huge opportunity because in India films are such a big passion that if something works, the magic can help reap benefits for years to come.

    A classic example is ICICI and Baghban, that’s a four year old story while the shelf life of that can grow to be about 20 years as satellite TV keeps replaying it over and over again. Thus, it is a disproportionately skewed equation for the brand and if brands realise this they can use it to their advantage.

    How much are brands willing to spend on the medium?
    Worldwide there are brands, including automobile companies, glass manufactures, mobile phone companies that spend almost 20-30 per cent of their marketing budget on product placement, like for instance new versions of the Audi have been launched via films. In India, there are at least 40 brands that spend more than Rs 100 crores in a year.

    This year’s blockbuster Krrish is often sighted as a popular case study, but what happens when there are more than 10 brands incorporated in a film, in that case how does it prove to be a ‘clutter breaking’ approach?
    It’s not about whether there are four brands or 500 brands in a film. If the brand is shown in the right context, then I think there is place for even 100 brands where every brand will stand out in three hours. If you take the example of a Bond film, there are about 20 brands placements and each one gets its own glory so there is no question of ‘clutter’, it’s the context and the way you portray the brand.

    Among several brands in film, will a particular brand have to pay a greater premium for more visibility?
    It’s more about the idea and not about the show time measured in seconds that a brand came in. An example is a product placement I had done for Kodak in Hum Tum where it was as small as 10 seconds in which Saif remembers Rani getting married to Abhishek and the thought freezes as a photograph on which he scribbles “Maybe a perfect Kodak moment?” That in my mind is more than a brand trying to tout his product for 10 minutes in a film. So it’s not about one trying to outdo the other, everybody can be equally good as long as the idea behind the placement is imaginative.

    The biggest role to my mind is that of expectation management

    Who implements the placement in this set up? How does it work?
    It is the director’s prerogative, he is the final decision maker. One can however give inputs and suggestions.

    For an organization like P9 Integrated, what is their hand in the whole process?
    Firstly, we are match makers and secondly the biggest role to my mind is that of ‘expectation management’. The client may often think that by putting a certain amount of money he owns the film, while the filmmaker is any which way making a film on his terms, so P9 would ideally bring the two parties to a common platform and manage their expectations to start with, help the brand in ideating and help the producer in execution as expectation managers.

    Do several media agencies come to the table with different brands to be integrated in a film, or does one agency handle all the placements for a film?
    There have been instances where we have taken up the exclusive rights for the film and so we become a ‘toll gate’ so anybody in the market ranging from a media agency to a client will have to come to us. A case in point is the recently acquired exclusive rights for Salaam-e-Ishq for any co-promotional activity.

    Internationally, what is the scope of the market? What is being done in that space?
    Globally the industry is a three decade old business making it a mature market, today it is growing at a pace of 6-8 per cent, which would be almost 5 per cent of the overall advertising pie used on this medium. Growth will continue until it reaches a critical mass which it has not yet achieved.

    We have done several co-promotional marketing tie-ups in India for Hollywood movies including the work on Superman and Mother Dairy cheese, we had also done MI3 and Gabanna and likewise we are in talks with many films, one of the big films which is slated for December is Happy Feet on which we will be doing something interesting.

    What can we expect in the coming months?
    We have just finished working on an association for Kinetic for Apna Sapna Money Money. We also did Mentos and Jaaneman.

    There are three key films in the pipeline with a huge amount of stuff being done – for Guru, some mind blowing activity on our home production Traffic Signal which Madhur Bhandarkar is directing and of course Salaam-e-Ishq. In addition, we are also working in the regional market with Telegu films.

    What do you identify as being the way head for the industry in India?
    The future for this industry is that brands for a particular target audience and particular style and stature will require experts like us to be their entertainment AOR experts, not only for implementation but to play a complete advisory and consultancy role and give them a blue print of the strategy for the whole year of how entertainment will play a role in their brand.

    Secondly, there is some amount of measurement emerging in terms of effectiveness and impact. Companies like Media e2e are attempting to put in those measures into place.

    Measurement should become an integral part of the any project exercise so we should actually have a directional tool of getting a report card at the end of every activity to determine what worked and what didn’t work.

    Thirdly, we need to bring a lot more discipline into the whole business of branded entertainment. The biggest drawback is the lack of trained talent in this business. Additionally, there is a need to train even the professionals and the practitioners of marketing to talk of a common currency in terms of best practices, category knowledge, trends, ROI, economics and legal aspects of branded entertainment as it is an option that probably allows one to marry their passion with their career.