ITV

Tag: Radhika Roy

  • English news genre ratings rise after nadir in BARC week 12

    English news genre ratings rise after nadir in BARC week 12

    BENGALURU: After recording probably the lowest combined ratings of the top five English news channels in the previous week (week 11 of 2018: Saturday, 10 March 2018 to Friday, 16 March 2018), the genre recorded a 7.4 per cent increase across the same parameter in week 12 of 2018 (Saturday, 17 March 2018 to Friday, 23 March 2018). The combined ratings of the top five English news channels as per Broadcast Audience Research Council (BARC) weekly data for week 12 of 2018 was 1.858 million impressions as compared to 1.730 million impressions for week 11. Week 11 ratings are the lowest combined ratings of the genre’s top five channels in the calendar year 2018 so far.

    In the case of the Hindi news genre, the channels and ranks in week 12 remained unchanged as compared to week 11 of 2018 in HSM (U+R). However, the ranks were not the same in the individual urban and rural markets. Further, the combined ratings of the top five Hindi news channels – HSM (U+R): NCCS All : 15+ individuals fell by 2 per cent in week 12 of 2018 as compared to the preceding week. The combined ratings of the HSM (U) – Hindi speaking urban market declined by 1.3 per cent while that of the rural market – HSM (R) declined by 2.5 per cent in week 12 as compared to week 11 of 2018. The combined ratings of the top five Hindi news channels in HSM (U+R) in week 12 was 414.448 million impressions as compared to 422.953 million impressions in the previous week. Comparative numbers for HSM (U) and HSM (R) were 241.746 million weekly impressions in week 12, 244.955 million impressions in week 11 of 2018 and 176.427 million impressions in week 12 and 180.946 million impressions in week 11 respectively.

    English news genre

    As has become a norm right from the week of its start (week 19 of 2017), the Arnab Goswami-led Republic TV headed the top five English news channels pack for week 12 followed by the previous holder of the numero uno position – Times Now. Republic TV scored 0.583 million weekly impressions to the 0.570 million impressions of Times Now. At third place in week 12 of 2018 was India Today Television with 0.283 million weekly impressions followed by CNN News 18 with 0.249 million weekly impressions. At fifth place was the Prannoy and Radhika Roy-led NDTV 24×7 with 0.173 million weekly impressions.

    Hindi news genre

    As is also the norm, Aaj Tak led the genre in combined urban and rural markets as well as individual urban and rural HSM markets. Aaj Tak’s ratings for HSM (U+R), HSM (U) and HSM (R) were 102.406 million weekly impressions, 58.025 weekly impressions and 44.0385 weekly impressions respectively in week 12 of 2018.

    At second place in HSM (U+R) was India TV News with 87.193 weekly impressions,53.506 weekly impressions and 33.687 weekly impressions in HSM (U+R), HSM (U) and HSM (R). While India TV retained its second rank in week 11 and 12 in HSM (U), it dropped a rank to third place in week 12 as compared to week 11 in HSM (R).

    At third place in the top five channels list of Hindi news channels HSM (U+R) and HSM (U) in week 12 of 2018 was News 18 India with 78.062 weekly impressions, 47.419 weekly impressions and 30.642 weekly impressions in HSM (U+R), HSM(U) and HSM (R) respectively. Though it retained its third rank in HSM (U+R) and HSM (R) it dropped to fifth rank in week 12 from fourth in week 11 of 2018 in HSM (R).

    At fourth rank in week 12 was Zee News with 77.616 weekly impressions in HSM (U+R), 45.201 weekly impressions in HSM (U) and 32.415 weekly impressions in HSM (R). The channel was ranked fourth in week 11 and 12 of 2018 across HSM (U+R), HSM (U) and HSM (R).

    At fifth rank in BARC’s list of top five Hindi news channels in HSM (U+R) was News Nation with 69.211 million weekly impressions. The channel scored 35.303 million weekly impressions in HSM (R) where it was ranked second in week 12 as compared to fifth rank in week 11 of 2018. The channel was absent from BARC’s list of top five Hindi news channels in HSM (U), where APN News retained its week 11 rank of fifth position. ABP News scored 37.595 million weekly impressions in week 12 of 2018.

    Also Read:

    The World of TV according to BARC

    BARC panel tampering: first arrests made

    Demystifying news television viewership in 2017

  • Retail, e-com biz eat into NDTV’s TV media profits for Q3

    Retail, e-com biz eat into NDTV’s TV media profits for Q3

    BENGALURU: Prannoy and Radhika Roy-led New Delhi Television Limited (NDTV) reported consolidated operating profits–simple EBITDA including other income–of Rs 1.88 crore (1.6 per cent margin) for the quarter ended 31 December 2017 (Q3 2018, quarter under review). For the corresponding year ago quarter (Q3 2017) and the trailing quarter (Q2 2018), the company had reported consolidated operating losses of Rs 14.90 crore and Rs 9.74 crore respectively.  

    NDTV has two segments–television media and related operations (television); and retail/e-commerce. The company reported operating profit of Rs 7.54 crore for its television segment against revenue of Rs 109.96 crore for the quarter under review. Year-on-year (yoy), Q3 2018 television segment revenue was 7 per cent lower than Rs 118.27 crore for Q3 2017. The company had reported an operating loss for the television segment of Rs 4.29 crore for the corresponding year ago quarter. NDTV reported 18.2 per cent higher yoy operating revenue of Rs 4.55 crore for Q3 2018 as compared to Rs 3.85 crore for Q3 2017 for its digital/e-commerce segment. Digital/e-commerce segment incurred lower operating loss of Rs 9.50 crore in the quarter under review as compared to Rs 15.18 crore in Q3 2017.

    NDTV said in its earnings release for the quarter that the fact that the company is EBITDA positive proves that its turnaround plan is quickly progressing.

    Let us look at the other numbers reported by NDTV

    NDTV reported a 78.5 per cent drop in consolidated revenue for the quarter under review at Rs 112.24 crore as compared to Rs 121.3 crore for Q2 2017. The company reported consolidated net loss of Rs 22.42 crore for Q3 2018 as compared to a net loss of Rs 26.26 crore for Q3 2017.

    Consolidated total expenditure for the quarter declined 16.3 per cent yoy to Rs 123.13 crore from Rs 147.03 crore. Production expenses and cost of services declined 14 per cent yoy to Rs 23.16 crore from Rs 26.93 crore. Employee benefit expenses reduced 20.5 per cent yoy to Rs 49.38 crore from Rs 62.11 crore. Operating and administrative expenses for Q3 2018 declined 16.4 per cent yoy to Rs 24.97 crore from Rs 29.87 crore. Marketing, distribution and promotional expenses declined 7.6 per cent yoy to Rs 16.60 crore from Rs 17.95 crore.

    Also Read :

    NDTV puts top management in place

    NDTV Profit to be shut down, to move business & finance segments on NDTV 24×7

    NDTV promoters get clean chit from SEBI in disclosure case

  • English news genre ratings get a fillip from election results suspense

    English news genre ratings get a fillip from election results suspense

    BENGALURU: The English news genre benefitted from the state elections results that were declared early this week. In the week leading to the Gujarat elections, the genre’s ratings climbed and that climb continued in week 50 of 2017 (Saturday, 9 December 2017 to Friday, 15 December 2017) as channels put forth their guesstimates about who would win one of the dirtiest fights during recent Indian elections. No abuse and misuse of emotions was spared by politicians who wanted to prove that the junta – the voter was still with them, or to attract that additional vote from the electorate.

    In week 50 of 2017, as per data by Broadcast Audience Research Council (BARC), the combined ratings of the top five English news channels (All India (U+R) : NCCS AB : Males 22+ Individuals) increased 22 percent to 2.889 million impressions as compared to the immediate trailing week. The top five channels retained their ranks from week 49.

    As has become the norm since its launch in week 19 of 2017, the Arnab Goswami led Republic TV topped the genre with 20 percent higher ratings of 0.982 million weekly impressions in week 50 as compared to the 0.819 million weekly impressions in week 49. Goswami’s former employer, Times Now, was at second rank with 14 percent higher ratings during the week under review at 0.864 million weekly impressions as compared to 0.759 million weekly impressions in week 49 of 2017.

    India Today Television was at third place with a 36.3 percent hike in ratings to 0.462 million weekly impressions in week 50 from 0.339 million weekly impressions in the previous week. CNN News 18 was at fourth rank with a 41.2 percent growth in viewership to 0.329 million weekly impressions from 0.233 million weekly impressions in week 49. At fifth place was the Prannoy and Radhika Roy-led NDTV 24×7, which saw its viewership grow by 15 percent to 0.252 million during the week under review from 0.219 million weekly impressions in week 49.

    Dominance of Republic TV continues as genre ratings plunge

    Republic TV, Times Now viewership moves up as genre ratings fall

    Republic TV continues to lead English news genre despite bumps

    Stunning victory for Republic TV, Republic watches Times Now

  • NDTV puts top management in place

    NDTV puts top management in place

    MUMBAI: There’s top management restructuring at the troubled news broadcaster NDTV group. The company has been at the receiving end with the income tax authorities for the past few years following “unjustifiable’ tax claims being imposed on it. And rumours have been abounding about its acquisition by other parties.  Late October , the Securities Exchange Board of India cleared them of charges related to delayed financial results disclosures at the end of financial year 2011-2012.

    The vacuum at the top – following the passing away of CEO KVL Naryan Rao – has been filled. The Prannoy Roy-Radhika Roy promoted company has moved NDTV Convergence Ltd CEO Suparna Singh to the corner office, managing the entire group as of 4 December 2017. The company’s website says that she ” as been with NDTV for 25 years and has the highest-level experience in all aspects of NDTV functions: editorial in both broadcast TV and internet, revenue and cost management. She has helped NDTV create and run a major new property in NDTV Convergence, which is internationally recognised. It is and has always been a profitable venture.”

    The group’s director finance and group CFO Saurav Banerjee has been elevated to co-CEO. According to the NDTV website, “as part of his role as Co-CEO, Saurav works closely with the CEO in looking at operations and oversees financial planning, taxation, legal and compliances. Widely respected across the financial world, Saurav has been involved in raising finances, capital restructuring, mergers & acquisitions and statutory compliances with more than a decade of service with the company.”

    Ravi Asawa is stepping into his shoes as group CFO, NDTV. Ravi has rich experience in corporate finance, mergers and acquisitions, treasury, corporate governance and financial processes across multiple knowledge domains like media, IT services, eCom and manufacturing industries. He is a finance professional with more than two decades of experience and has been the strategic backbone of the NDTV Group Finance team for more than nine years.

    The announcement was made to the Bombay stock exchange following the go-ahead at a board meeting earlier today.

    Also Read: http://www.indiantelevision.com/television/tv-channels/news-broadcasting/spicejets-ajay-singh-may-take-control-of-ndtv-170922

    http://www.indiantelevision.com/television/tv-channels/news-broadcasting/ndtv-profit-to-be-shut-down-to-move-business-finance-segments-on-ndtv-24×7-170602

    http://www.indiantelevision.com/television/tv-channels/people/ndtv-s-kvl-narayan-rao-passes-away-171120

    http://www.indiantelevision.com/television/tv-channels/people/obit-in-memory-of-kvl-narayan-rao-171121

    http://www.indiantelevision.com/television/tv-channels/news-broadcasting/ndtv-promoters-get-clean-by-sebi-chit-in-disclosure-case-171025

     

  • NDTV promoters get clean chit from SEBI in disclosure case

    NDTV promoters get clean chit from SEBI in disclosure case

    MUMBAI: NDTV promoters Prannoy Roy, Radhika Roy and firm RRPR Holdings can breath a sigh of relief as the Securities and Exchange Board of India (SEBI) has cleared them of charges related to delayed disclosure of company details at the end of the financial year 2011-12. Proceedings against the company have been disposed.

    At the end of every financial year, promoters need to disclose shareholding and voting rights details within 7 working days after 31 March. NDTV was alleged to have delayed this by 64 days to the BSE and one day to the NSE for the FY 2011-12.

    SEBI stated that after investigation, it found them to have made the requisite disclosures to both the trading bodies within the stipulated time. While the BSE admitted that it had reported an incorrect receipt date while the NSE clarified that it got the details in time.

  • Republic TV tops once again as genre ratings fall

    Republic TV tops once again as genre ratings fall

    BENGALURU: Republic TV juggernaut continued its relentless dominance of the Indian English News genre according to Broadcast Audience Research Council of India (BARC) weekly viewership for week 40 of 2017 (Saturday, 30 September 2017 to Friday, 6 October 2017). The Arnab Goswami led channel has been leading the genre right from its launch 22 weeks ago in week 19 of 2017.

    However, BARC data for top 5 English News channels (All India (U+R) : NCCS AB : Males 22+ Individuals) reveals that the combined viewership of the top 5 channels of the genre plunged to lowest ever since week 22 of 2017. Also, Republic TV’s ratings in week 40 of 2017 were the lowest ever since its commencement. It may be noted that week 21 ratings have not been considered in this paper, because the other channels supported by the News Broadcasting Association had stripped their BARC audio watermarks to disallow viewership measurement in protest against what they termed as unfair practices by Republic TV. The errant channels returned to the BARC fold in week 22 of 2017.

    Republic TV with 840,000 weekly impressions (Sums) for week 40 of 2017 led the genre, followed by the channel it had disposed from numero uno position when it was launched – The Times Group’s flagship English News channel Times Now that stood at second place with 717,000 weekly impressions (Sums). The previous lowest viewership ratings of Republic TV was in weeks 25 and 27 of 2017 – 868,000 weekly impressions (Sums).

    The Prannoy and Radhika Roy led NDTV 24 x 7 climbed to third place in the genre with 347,000 weekly impressions (Sums) in week 40 from fifth rank in week 39 when it had garnered 328,000 weekly impressions (Sums).

    NDTV 24×7 was followed by India Today Television at fourth place in week 40 of 2017 with 338,000 weekly impressions (Sums). In week 39 also the channel was ranked fourth with 353,000 weekly impressions (Sums). CNN News 18 dropped two ranks to fifth place in week 40 of 2017 with 244,000 weekly impressions (Sums). The channel had scored 368,000 weekly impressions (Sums) in week 39.

    Overall, the Indian English News genre lost viewership in week 40 of 2017 – the combined ratings of the top 5 channels was 2,486,000 weekly impressions the lowest since week 22 of 2017 when the combined ratings of the top 5 channels was 2,463,000 weekly impressions. In week 39, the combined viewership of the top 5 English News channels was 2,888,000 weekly impressions. Please refer to the figure below for the combined ratings of the top 5 English News channels for weeks 1 to 40 of 2017.

    public://barc-republic.jpg

  • SpiceJet’s Ajay Singh may take control of NDTV, latter denies (updated)

    SpiceJet’s Ajay Singh may take control of NDTV, latter denies (updated)

    MUMBAI: NDTV may change hands as its founders — Prannoy Roy, Radhika Roy and the promoter firm RRPR Holding — are facing a CBI probe for allegedly concealing a share transaction. A senior NDTV official, however, told the Hindu that the reports were untrue.

    Singh, it was earlier reported, will have controlling stake in NDTV of around 40 per cent and the promoters Roy and his wife will hold around 20 per cent in the company.

    Sources had told the Indian Express that SpiceJet CMD Ajay Singh, of who was also part of the BJP’s 2014 poll campaign, has bought a majority holding in the news channel. Ajay Singh is set to take control of NDTV along with editorial rights, the source was quoted as saying

    The CBI had in June conducted searches at the residences of the Roys. Refuting the allegations, NDTV had said that the CBI had filed its FIR based on a complaint by a “disgruntled” former NDTV consultant.

  • NDTV resolutions confirm re-appointment of Roys & sale of subsidiaries

    MUMBAI: NDTV, in a communique to the secretary, BSE Limited, and assistant VP, Listing Department, National Stock Exchange of India, signed by the company secretary Navneet Raghuvanshi, confirmed that four special resolutions as mentioned in the Postal Ballot Notice dated 11 May, 2017, have been passed by the members through postal ballot (including e-voling) with the requisite majority.

    The resolutions were: Re-appointment of Prannoy Roy as the executive co-chairperson of the company and payment of remuneration, re-appointment of Radhika Roy as the executive co-chairperson of the company and payment of remuneration, sale of entire equity stake by NDTV Lifestyle Holdings Limited, NDTV Convergence Limited and NDTV Worldwide Limited, each a material subsidiary of the Company, in NDTV Ethnic Retail Limited, another material subsidiary of the company, to Nameh Hotels & Resorts Private Limited and sale of 2% equity stake by NDTV Networks Limited, a material subsidiary of t he company, in NDTV Lifestyle Holdings Limited (Lifestyle Holdings), another material subsidiary of the Company, to Nameh Hotels & Resorts Private Limited and thereby ceasing the control over Lifestyle Holdings and NDTV Lifestyle Limited, another material subsidiary of the company.

    Practicing company secretaries Hemant Kumar Singh and Prashant Kumar Balodia were appointed as the scrutinizer(s) by the company to conduct the postal ballot (including e-voting) process in fair and transparent manner. They submitted their report on 23 June, 2017.

  • Probing NDTV & officials’ collusion to defraud ICICI, not repayment: CBI

    MUMBAI: Reports in a section of the media have raised certain issues and the statement issued by NDTV has levelled certain allegations against the CBI investigation in the case relating to the promoters of NDTV and others, a CBI statement said.

    It is clarified that searches have been carried out at the premises of the promoters and their offices based on search warrants issued by the Competent Court. CBI has not conducted any search of registered office of NDTV, media studio, news room or premises connected with media operations, the statement added.

    CBI fully respects the freedom of press, and is committed to the free functioning of news operations.

    CBI has registered the case based on the complaint of a shareholder of ICICI bank and NDTV after carrying out due diligence. Denigrating the allegations at this stage of investigation and wrongly accusing the agency of acting under pressure is uncalled for and an attempt to malign the image of the CBI. The investigation is being conducted as per the due process of law and under the jurisdiction of the Court of law. The result of investigation will be filed before the competent Court of law based on the evidence adduced during investigation, the statement added.

    It has been mentioned in the statement of NDTV that NDTV and its promoters have never defaulted on any loan. The allegations under investigation are not regarding the default in loan repayment; but relate to the wrongful gain of Rs 48 crore to the promoters – Dr. Prannoy Roy, Radhika Roy, RRPR Holdings Pvt Ltd and a corresponding wrongful loss to the ICICI bank arising from their collusion and criminal conspiracy, the statement added.

    It is alleged in the complaint that the promoters of NDTV, acting in criminal conspiracy with unidentified officials of ICICI bank, violated section 19(2) of the Banking Regulation Act, the Master Circular DBOD No. Dir B90/13.07.05/98-99 dated 28.08.1998 of the Reserve Bank of India and in furtherance of the conspiracy, ICICI bank took the entire shareholding of the promoters in NDTV (nearly 61%) as collateral, and then accepted prepayment of the loan by reducing the interest rate from 19% p.a to nearly 9.5% p.a and as a consequence thereof, causing a wrongful loss of Rs 48 crore to ICICI bank and a corresponding wrongful gain to the promoters of NDTV, the statement added.

    NDTV, in its statement, questions the jurisdiction of CBI by stating that ICICI is a private bank. It is clarified that the Supreme Court, in the case of Ramesh Gelli vs CBI of 2016, held that the provisions of Prevention of Corruption Act, 1988 are applicable to the officials of private banks. Therefore, the CBI has jurisdiction to take up investigation of the cases of private banks, the statement added.

    CBI is committed to carrying out the investigation expeditiously and in accordance with the due process of law.

  • Editors Guild urges CBI to follow process of law, NDTV confirms loan repayment

    MUMBAI: The Editors Guild of India, in a press release issued on Monday night, expressed deep concern over the raids conducted by the Central Bureau of Investigation (CBI) on the offices of NDTV and its promoters today. Entry of police and other agencies into the media offices is a serious matter, it added.

    NDTV, in various statements, has denied any wrongdoing and termed the raids as “stepping up the concerted harassment” of the news channel and an attempt to “undermine democracy and free speech” and “silence the media,” the release stated. While the Editors Guild maintains that no individual or institution is above the law, the Guild condemns any attempt to muzzle the media and calls upon the CBI to follow the due process of law and ensure there is no interference in the free functioning of news operations, the Guild release signed by office-bearers Raj Chengappa, Prakash Dube and Kalyani Shankar stated.

    Updated NDTV statement: It is shocking that the CBI conducted searches on the NDTV offices and residence of the promoters without even conducting a preliminary enquiry. The CBI has been compelled to file an FIR based on a shoddy complaint by a disgruntled former consultant at NDTV named as Sanjay Dutt, who has been making false allegations. So far, he has not obtained a single order from any of these courts.

    Legal analysts are astounded that where courts have rejected giving any order in all these years, the CBI conducts raids based on what is a private complaint. The allegation appears to be for a loan which has been repaid by Prannoy Roy and Radhika Roy more than seven years ago.

    Even though crores of rupees of dues have not been paid by several industrialists and no criminal case has yet been registered against any of them by the CBI, the CBI has chosen not only to register an FIR, but also conduct a search for a loan which has been duly repaid to ICICI Bank. The allegation that no disclosure was made to SEBI and other regulatory authorities is not only incorrect but also does not clothe the CBI with any power to register cases and search which further amplifies the fact that the search by the CBI is only a witch-hunt against independent media.