Tag: music

  • ZEEL scraps 9X Media acquisition

    ZEEL scraps 9X Media acquisition

    MUMBAI: Owing to non-completion of certain material conditions, Zee Entertainment Enterprises Ltd (ZEEL) has terminated its deal to acquire music broadcaster 9X Media.

    ZEEL, on 6 October 2017, had entered into an agreement to buy 9X Media and INX Music from New Silk Route (NSR) and other shareholders for an all-cash deal of Rs 160 crore.

    In a release to the BSE, ZEEL stated, “This is further to our communication dated October 6, 2017, providing relevant details of the proposed acquisition of 100% equity stake in 2 Media entities viz. 9X Media Private Limited and INX Music Private Limited (9X entities).”

    “In this regard, we wish to inform you that the said acquisition deal has been terminated/called-off by the Company inter alia due to non-completion of certain material Conditions Precedent.”

    9X Media, along with its subsidiaries, operates a bouquet of six music channels–9XM (Latest Bollywood), 9X Jalwa (Evergreen Hindi), 9X Jhakaas (Marathi), 9X Tashan (Punjabi), 9XO (English), 9X Bajao (Hindi Classics).

    ZEEL was to acquire 91.45 million shares of Rs 10 each of 9X Media for a total consideration of Rs 155.2 crore. Furthermore, the company had also agreed to acquire 29.15 per cent stake in INX Music for Rs 4.8 crore.

    Post the acquisition, INX Music would have become a subsidiary of the company since 9X Media holds 70.85 per cent stake in the company.

    The acquisition was expected to be completed in 60 days as no government approvals were required.

    The deal would have provided an exit to private equity firm NSR that owns close to 80 per cent stake in 9X Media.

    Also Read:

    9X media announces two appointments in programming

    9X Media elevates Clyde D’Souza 

  • Saregama makes digital audio players cool again

    Saregama makes digital audio players cool again

    MUMBAI: There is nothing that moves India like music and when it comes to music, who would disagree that songs from the 50s, 60s, 70s, and even the 80s have touched India like few other things have. Several generations have grown up on singers like Rafi, Lata, Mukesh, Kishore, Sahir, Majrooh, RD, and they became such a part of our lives that they are referred to by their first names. And yet, today, we struggle to get access to their songs. The 40+ Indian living in smaller towns today is not very comfortable with the contemporary music media – be it smartphones, memory sticks, or download options.

    Saregama has launched its first ever digital and TV film for its hot new product – a portable digital audio player with in-built stereo speakers and 5000 evergreen Hindi songs inside called Saregama Carvaan.

    Saregama wanted to capture and portray the depth of emotions and the role that music, and by its extension Carvaan can play in people’s lives. Ad agency The Womb wanted to stay away from the casual, the flippant, or the superficially happy-clappy world of gifting advertising.

    The film showcases the couple as they move through life and how a song is an integral part of their relationship. It is the husband’s stress buster, it is his solace, his happiness and joy. It is also his ‘lori’! Until one day, the wife passes away and the song ceases to exist. The son has observed the song, its role in the relationship of his parents and how troubled is his father. He brings along Carvaan as a gift which may never replace the mother but most surely can bring the song and associated memories back to life.

  • DD Sports & Star Sports gain highest OTS in genre: Chrome DM

    DD Sports & Star Sports gain highest OTS in genre: Chrome DM

    MUMBAI: The sports genre marked the highest opportunity to see (OTS) among all categories in week 44 of Chrome Data Analytics & Media with 0.92 per cent growth. In this category, DD Sports gained the highest OTS with 92.7 per cent and Star Sports was the second most benefitted in terms of OTS with 81.7 per cent on an all-India including 1L+ market basis.

    OTS is the actual census based percentage connectivity of a channel spread across 81 million homes.

    English news genre ranked second in the gainers category with a growth of 0.48 per cent OTS in six metros. Rajyasabha TV gained the highest OTS with 95.3 per cent whereas Loksabha TV gained the second slot on the list with 94.9 per cent OTS.

    The third position in the gainer’s list of OTS was grabbed by the kids genre with a growth of 0.48 per cent on an all-India including 1L+ market basis. In this category, OTS of Nickelodeon was leading the genre with 88.0 per cent whereas Cartoon Network stood second with 85.1 per cent OTS.

    Hindi movies genre stood in fourth position in the list with 0.39 per cent growth in which Max lead with 94.3 per cent whereas Star Gold grabbed second position with 94.2 per cent OTS on an HSM (Hindi-speaking market) excluding 1L market basis.

    Last but not the least, the fifth position in gainers list is taken by the infotainment genre with a growth of 0.36 per cent. In this category, NGC topped the OTS chart with 91.0 per cent whereas History TV 18 was the second topper with 90.5 per cent on an all-India including 1L+ market basis.

    Among the losers, music genre was the most affected genre with a drop of 6.96 per cent OTS on an all-India excluding 1L market basis with Sony Mix topping the chart with 90.2 followed by 9XM with 89.9 per cent OTS.

    The religious genre recorded a fall of 0.58 per cent OTS on an all-India excluding 1L market basis. In this category, Sanskar grabbed highest OTS with 95.2 per cent followed by Aastha with 93.5 per cent OTS.

    English movies reserved the third position in the losers list with a drop of 0.52 per cent. Movies Now and Star Movies bagged the top two positions with 54.1 per cent and 47.7 per cent, respectively, in six metros.

    English GEC took the fourth position in the losers list with a drop of 0.26 per cent. In this category, Colors Infinity got first position with 46.6 per cent and Comedy Central reserved the second position with 44.9 per cent OTS in six metros.

    Last among the losers was the business news genre that stood at the fifth position with a fall of 0.23 per cent OTS with Zee Business leading the chart with 85.0 per cent, followed by CNBC Awaaz with 83.5 per cent OTS in six metros.

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  • Sony Yay builds local characters to monetise

    Sony Yay builds local characters to monetise

    MUMBAI: The Indian arm of the Sony Network had it all – GEC, music, film, sports, you name it. What lacked was a brand for the children of the country. That gap was filled when it launched Sony Yay in April this year.

    It’s not as if Sony was devoid of kids content. It launched Animax in 2004, a pure anime destination, but branded it as ‘animation for everyone – not just for kids’. In two years time, it dropped kids and plugged into the youth audience of 15-24 year olds and in 2006, it introduced live action.

    Over time, the channel lost its lustre and the channel decided to convert it to Yay  in 2017 and grab a share of the 2-14 age group. “Technically we didn’t replace Animax but it sort of gave way to our intention of launching into the kids space, which was the only missing genre for the network. Animax is still available for interested audiences online on SonyLiv,” says Sony Pictures Network India kids genre business head Leena Lele Dutta.

    It was early 2016 when the network started researching on what Indian kids love to watch on TV and data pointed to three areas. “Firstly, they like to see funny, happy and laugh-out-loud animation; second they don’t want both animation and live action on the same channel and last was that local characters, local names, ‘takiya qalam’ words strike and instil a chord with children,” she shares. This led to picking 100 per cent animation over live action for Sony Yay.

    Sticking to its principle, the channel tied up with local creators for four original animation series – Guru aur Bhole, Sab Jholmaal Hai, Paap-O-Meter and Prince Jai aur Dumdaar Viru, 52 episodes per show. A fifth show, The Fab 5 – Initial Tango, will release during Christmas and the sixth original will be launched next year. “Slowly we will build new stories and characters to resonate with kids of today,” says an excited Lele. Soon it will build a movie bank for the Sab Jholmaal Hai franchise, similar to what Nick does with Motu Patlu and Pogo with Chhota Bheem.

    Kids tuning into the channel have become addicted to Sab Jholmaal Hai and Guru aur Bhole. Wasting no time, the channel has started displaying back-to-back episodes now so they can binge watch and connect with the characters. “Once kids start watching these existing shows, you will yourself see the movement of the channel,” she adds. Paap-o-Meter is a novel concept and the channel doesn’t expect it to shoot up instantly. Indeed, data from Broadcast Audience Research Council (BARC) indicates that for week 39-42 the two shows did top the channel with average Impressions (000s) of 115 and 110 respectively.

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    Sony owns the intellectual property (IP) rights for all the shows to squeeze out all the benefits, which cannot be done in acquisitions. Though Sony was ready to shed some bucks for dubbed or acquired content, they could not find one with a large repertoire of episodes (more than 100) and neither did any content fit the channel’s bill.

    BARC data also shows that in its first four weeks of launch (week 20-23), the channel had 25,011 average Impressions (000s) sum while the number changed to 22,100 Impressions (000s) sum in week 39-42 for all India age 2-14. Despite the decline, it shows that the initial impression hasn’t faded away.

    Keeping in mind the demographics, the channel abstained from keeping it English-centric. “We wanted to remain indigenous, home-grown and local,” she adds. Thus, the main Hindi channel is dubbed into languages of Tamil and Telugu too.

    Speaking of advertisers, Dabur Red Paste, Hershey’s, Domino’s Pizza and Lifebuoy are some of the brands associated with the channel. Datta mentions they had 7-8 brands coming on board every week, from FMCG and even those targeting kids.

    It will soon look at minting money through other areas and not depend solely on on-air advertising. “Once we make our characters popular, it opens up all avenues for us such as product licencing and digital distribution because we own the IPs,” she says.

    Very soon there will be canter activations for kids in 50 cities in Maharashtra, Gujarat, Tamil Nadu, Andhra Pradesh, Punjab and Madhya Pradesh.

    With big ambitions, it remains to be seen if the channel can fight the crowded kids market and see a significant jump in its claim.

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  • Music, Online and BJP crash FMCG party in weeks 1 to 6 of ’17

    BENGALURU:FMCG advertisers had 92.25 percent of the share of television advertisement insertions among the total TV ad insertions by top 10 advertisers across genres list in weeks 1 to 6 of 2017 (Saturday, 31 December 2016 to Friday, 10 February 2017). Of the total of 1,862,229 insertions by top 10 advertisers across in the first 6 weeks of fiscal 2017, FMCG had 1,724,381 TV spots.

    This paper must be read with a caveat: It deals only with the players present in BARC’s top 10 list of advertisers/brands. The sums/percentages of other genres/players’ advertisements have not been mentioned in this paper during the period under consideration could be more/higher.

    The only advertiser from the Music genre – Super Cassettes Industries (Super Cassettes) had 4.33 percent (80,293 insertions) of the share of TV ads among the top 10 advertisers across genres list in same period. Online player Amazon Online India Pvt Ltd with 44,601 insertions (2.39 percent) was followed by the BJP (Politics genre) with 1.03 percent (19,324 insertions). Please refer to Fig A below:

    public://Untitled-2_10.jpg

    Analysis ofBroadcast Audience Research Council (BARC) data for Top 10 Advertisers Across Genre: All India (U+R): 4+ Individuals, shows that 16 advertisers were present in the top lists for weeks 1 to 6 of 2017. Five FMCG advertisers were in the top 10 list during all the first 6 weeks of 2017 – Hindustan Lever Limited (Lever), Reckitt Benckiser (India) Ltd (Reckitt), PatanjaliAyurved Ltd (Patanjali), Cadburys India Ltd  (Cadbury) and Procter & Gamble (P&G). FMCG majors Brooke Bond Lipton India Ltd (Brooke Bond) was present in the list for five of the first 6 weeks, while its FMCG peers SmithklineBecham (Smithkline) and Ponds India (Ponds), along with Music company Super Cassettes, were present in the list for 4 of the six weeks on 2017. Please refer to Fig B below.

    public://Untitled-3_13.jpg

    Figure C shows the list of top ten advertisers for each individual week. Across all the six weeks Lever has been at the pole position in the top 10 list. Overall, Lever had 5,92,453 TV insertions (31.70 percent of the total TV insertions by the top 10 advertisers) during the period. During the first five weeks, there was a sort of a tug of war between Reckitt and Patanjali, with the odds in favour of Reckitt, for the second spot in the top 10 advertisers list. In week 6, Reckitt raced far ahead of Patanjalito second place with a massive 62,128 insertions as compared to the latter’s 23,356 insertions. However, Reckitt itself was a fair distance behind numerouno Lever in week 6. Patanjali dropped to the sixth place in week 2017 in list of top 10 TV advertisers.

    With elections in five states, the Political genre through the ruling party –BJP found a place for itself in the top 10 list in week 6. As mentioned above, the BJP was ranked eighth with 19,324 insertions in the top 10 list of TV advertisers.

    It may be noted that in terms of brands, the BJP lead the top 10 list in terms of TV insertions for weeks 5 and 6 with 11,563 and 19,324 insertions respectively.

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  • Pay and play multi-genre Music+ on Tata Sky

    Pay and play multi-genre Music+ on Tata Sky

    MUMBAI: DTH player Tata Sky launched the “nation’s first service with four music genres on a pay TV platform” in Mumbai on Wednesday. Christened ‘Music+’, it has been launched in partnership with digital entertainment company Hungama.

    Segregated into four segments – Mehfil, Indie Rootz, Jazz and More, and International, the service will be co-curated by composer trio Shankar Ehsaan Loy.

    Music+ will give Tata Sky subscribers exclusive access to a rich trove of music content ranging from the classics to the latest launches, and this will include music videos, concerts and artist interviews spanning genres from international pop, country, rock and indie music to jazz and blues, sufi, folk, nazms and ghazals. Subscribers of the service will be able to watch some of the biggest on ground music events and festivals in the country on their screens, says the company.

    The proposed line-up of artistes to be featured on Music+ includes Pankaj Udhas, Jagjit Singh, Elvis, Abba, Miles Davis, Eric Clapton, Salim Sulaiman, Armaan Malik, and others.

    Tata Sky Music+ will be available on channel number 817 and will be available for all Tata Sky subscribers free for the first five days and subsequently priced at Rs three per day.

  • Pay and play multi-genre Music+ on Tata Sky

    Pay and play multi-genre Music+ on Tata Sky

    MUMBAI: DTH player Tata Sky launched the “nation’s first service with four music genres on a pay TV platform” in Mumbai on Wednesday. Christened ‘Music+’, it has been launched in partnership with digital entertainment company Hungama.

    Segregated into four segments – Mehfil, Indie Rootz, Jazz and More, and International, the service will be co-curated by composer trio Shankar Ehsaan Loy.

    Music+ will give Tata Sky subscribers exclusive access to a rich trove of music content ranging from the classics to the latest launches, and this will include music videos, concerts and artist interviews spanning genres from international pop, country, rock and indie music to jazz and blues, sufi, folk, nazms and ghazals. Subscribers of the service will be able to watch some of the biggest on ground music events and festivals in the country on their screens, says the company.

    The proposed line-up of artistes to be featured on Music+ includes Pankaj Udhas, Jagjit Singh, Elvis, Abba, Miles Davis, Eric Clapton, Salim Sulaiman, Armaan Malik, and others.

    Tata Sky Music+ will be available on channel number 817 and will be available for all Tata Sky subscribers free for the first five days and subsequently priced at Rs three per day.

  • Content Tokyo 2016 sees 1,530 exhibitors covering all genres of content

    Content Tokyo 2016 sees 1,530 exhibitors covering all genres of content

    MUMBAI: At Content Tokyo 2016, a record number of 1,530 exhibitors will gather from across Japan and the world to showcase their latest, most creative and innovative products and technologies. They are dealing with all genres of content such as music, game, animation, TV, film, technology in expression, AI, and publishing, etc. It causes chemical reactions not only between exhibitors and visitors, but also among all the participants, so the venue will be filled with excitement and creativity.

    Exhibitors are both content creators & production companies and companies dealing in the solutions for content business Content Tokyo consists of 6 specialised shows. At Production Companies Expo, Creators’ Expo, and

    Licensing Japan, you will meet from major production companies to up-and-coming creators and unique licensors. At the other 3 shows, Advanced Content Technology Expo, Content Solutions Expo, and Content Marketing Expo, you will find the solutions for your business.

    Industry front-runners will speak at Conference (free admission)

    At conference, industry leaders will reveal their secrets to make attractive content. David Lee from Netflix will talk about useful factors for when making original films and Netflix’s objectives for Japanese and Asian markets. Ms. Sandra Karpman, a camera operator of PIXAR, will reveal how the magical world of PIXAR is created through their camera techniques. Katsuro Onoue, the film director of “Attack on Titan”, will speak focusing on SFX/VFX. Access the website for the information on the other speakers and details on the sessions. These sessions are free of charge specially for visitors coming from outside of Japan.

    Visitors from Around the World

    38,000 professional visitors of the content industry are expected to gather from all across Asia. If you belong to content industry, you have no choice but to join this exciting 3 day event!

  • Content Tokyo 2016 sees 1,530 exhibitors covering all genres of content

    Content Tokyo 2016 sees 1,530 exhibitors covering all genres of content

    MUMBAI: At Content Tokyo 2016, a record number of 1,530 exhibitors will gather from across Japan and the world to showcase their latest, most creative and innovative products and technologies. They are dealing with all genres of content such as music, game, animation, TV, film, technology in expression, AI, and publishing, etc. It causes chemical reactions not only between exhibitors and visitors, but also among all the participants, so the venue will be filled with excitement and creativity.

    Exhibitors are both content creators & production companies and companies dealing in the solutions for content business Content Tokyo consists of 6 specialised shows. At Production Companies Expo, Creators’ Expo, and

    Licensing Japan, you will meet from major production companies to up-and-coming creators and unique licensors. At the other 3 shows, Advanced Content Technology Expo, Content Solutions Expo, and Content Marketing Expo, you will find the solutions for your business.

    Industry front-runners will speak at Conference (free admission)

    At conference, industry leaders will reveal their secrets to make attractive content. David Lee from Netflix will talk about useful factors for when making original films and Netflix’s objectives for Japanese and Asian markets. Ms. Sandra Karpman, a camera operator of PIXAR, will reveal how the magical world of PIXAR is created through their camera techniques. Katsuro Onoue, the film director of “Attack on Titan”, will speak focusing on SFX/VFX. Access the website for the information on the other speakers and details on the sessions. These sessions are free of charge specially for visitors coming from outside of Japan.

    Visitors from Around the World

    38,000 professional visitors of the content industry are expected to gather from all across Asia. If you belong to content industry, you have no choice but to join this exciting 3 day event!

  • Laqshya Media Group ropes in Swaroop Banerjee as Event Capital CEO

    Laqshya Media Group ropes in Swaroop Banerjee as Event Capital CEO

    MUMBAI Event Capital, the live IP  arm of Laqshya Media Group has roped in Tribe Asia IP director Swaroop Banerjee  as its CEO. Banerjee’s mandate at Event Capital involves expanding the current bouquet of Live intellectual properties owned by Event Capital and introduce focussed live and digital content creations.

    Based out of Mumbai he will oversee development of new verticals in lifestyle, music and sports. Deepak Choudhary, the co-founder of Event Capital, will now focus on acquisitions, collaborations and investments as Director of Event Capital.

    “Banerjee’s unfathomable experience with building IPs, combined with his genuine passion for festival culture, music and alternative sports, makes him absolutely ideal to lead Event Capital as the chief executive. EC currently has several IPs in Lifestyle, Sport, Music, Education and Trade and Banerjee’s strategy of creating the right balance on IP creations and acquisitions is in sync with our vision. We are glad to have him on board”, said Event Capital director and co founder Deepak Choudhary.

    “When we took on the initiative to make Event Capital India’s largest IP creator and aggregator, we were extremely focussed and with the support of our entire Laqshya Media machinery we are committed to make this brand a world class live and digital content hub. Banerjee has been on our mind from quite some time and with him we are confident to take the next big step in this game changing IP environment” Laqshya Media Group MD Alok Jalan added.

    “It is a gigantic opportunity and I am excited to work with such a talented team. I am overwhelmed by their generosity in supporting me and allowing me total autonomy to create a lifestyle, music and sports vertical from scratch and revitalize the existing genres of live content that we own. You will very soon hear announcements from us on larger than life collaborations with Bollywood, International Music, Alternative Sports and Lifestyle”, said Banerjee on his new role.