ITV

Tag: Sanjay Dwivedi

  • Balaji Telefilms and Story TV forge alliance for micro-dramas

    Balaji Telefilms and Story TV forge alliance for micro-dramas

    MUMBAI: India’s Balaji Telefilms, the production house behind two decades of television hits, has teamed up with Story TV, a fledgling micro-drama platform, to flood smartphones with bite-sized narratives tailored for impatient viewers.

    The collaboration promises original content spanning multiple genres and languages, designed for vertical screens and short attention spans. Story TV, launched earlier this year by the Eloelo group, claims 10 million users already—a rapid ascent for a platform banking on one-minute episodes.

    “Micro dramas will be more than a $5 billion market in the next three years,” predicts Story TV founder & chief executive Saurabh Pandey. “Together with Balaji, our exclusive partnership will make micro dramas a staple across India.”

    Balaji Telefilms  jt managing director Ekta Kapoor calls the alliance “a game-changer, setting the stage for powerful, fresh storytelling that’s fearless and fast-paced.”

    Balaji brings decades of audience trust and a catalogue of iconic serials to a format that strips storytelling down to its essentials.

    Balaji Telefilms chief executive Sanjay Dwivedi frames it as evolution. “Micro dramas represent an exciting frontier—short, impactful, and designed for today’s mobile-first viewers,” he says. “This collaboration allows us to take our storytelling legacy into a new format.”

    Story TV has already amassed over 300 original micro-dramas with titles like Mafia Don, Secret Soldier and Hacker King. The platform’s vertical-video approach aligns with consumption habits shaped by social media, where brevity trumps depth and swipes outnumber sits.

    The partnership marks a significant bet on India’s appetite for culturally rooted stories delivered at breakneck speed—entertainment reimagined for thumbs, not remotes.

  • Balaji Telefilms goes big on movies and OTT, trims TV bets

    Balaji Telefilms goes big on movies and OTT, trims TV bets

    MUMBAI:  Balaji Telefilms is flipping its script. In a year marked by a strategic overhaul, the Ekta Kapoor-backed entertainment house has declared a decisive pivot from television towards high-growth verticals: movies, digital streaming, and branded content.

    Addressing analysts on its FY25 earnings call, group chief executive and CFO Sanjay Dwivedi outlined a transformation roadmap: “Movies will be our growth engine, digital will scale next, and television—once our mainstay—will become the third line of business.”

    The studio reported consolidated revenue of Rs 453 crore in FY25, down from Rs 625 crore the previous year. Yet net profit surged to Rs 84.6 crore from Rs 19.4 crore, largely due to a rights-heavy strategy in film and digital. The PAT margin stood at 18.7 per cent, and the company ended the year with Rs 172 crore in cash and mutual funds.

    Balaji’s OTT platform ALT Balaji saw a turnaround. Once burning Rs 120–145 crore a year, its cash burn has now dropped to just Rs 35 lakh a month. The platform added 3.29 lakh subscriptions in Q4 FY25, with total active subscribers crossing the 2 million mark.

    The company is also phasing out its pure SVOD model in favour of a hybrid SVOD–AVOD play, supported by a short-form vertical content app called Kutting. YouTube strategy and advertiser-funded content (AFP) are set to bolster revenue.

    Crucially, Balaji sealed a long-term content partnership with Netflix, spanning original films, binge series, telenovelas, and reality formats over 3 to 7 years. “This is not a one-off deal—it’s a foundational alliance for the future,” said Dwivedi.

    Balaji is betting on movies to power future growth. It has de-risked the vertical by recouping up to 90 per cent of production costs via pre-sales and co-production deals. In FY25, films contributed 30 per cent to revenue.
    Its upcoming slate includes Vrushabha (starring Mohanlal), the Priyadarshan-directed Bhoot Bangla with Akshay Kumar, and Vvan, a collaboration with TVF featuring Sidharth Malhotra.

    The studio targets 6 theatrical releases per year and is building on a franchise playbook with sequels like Dream Girl, LSD, and Shootout.
    TV content production touched 133 hours in Q4, with four shows on air. However, broadcaster yields remain 25 per cent below pre-Covid levels, and Balaji is cautious about further TV expansion.

    “TV is a volume game now. Rates aren’t recovering. We’ll stick to 6–8 shows a year, with a cap around Rs 350 crore,” said Dwivedi.

    New shows include Bade Achhe Lagte Hain – Phir Se and a reboot of Kyunki Saas Bhi Kabhi Bahu Thi.
    The company is also experimenting with AI-led production, launching a series titled Kalnagri on its platform. Regional expansion is on the cards, starting with Tamil and Telugu.

    On YouTube, Balaji hit 1 million subscribers in a month, banking on a mix of new shows and IP-retained repurposed content—especially as Indian viewers seek alternatives to banned Pakistani serials.

    Balaji has a Rs 300 crore B2B order book from leading OTT platforms. It expects digital to contribute 20–25 per cent of revenue in two years. The company is not planning a spin-off of the digital business for now, but hints at unlocking value once scale justifies it.

    “We are storytellers, not just platform owners,” Dwivedi said. “Our job is to find the next big content wave—whatever the screen.”

  • STV to launch three regional news channels

    STV to launch three regional news channels

    NEW DELHI: STV Enterprises Ltd will launch three regional news channels, group chairperson J K Jain told Indiantelevision.com. The company, which already runs Punjab Today, will formally announce the launch on 30 August.
    The channels – Goa News, Haryana News and UP News – are on test signals. While in Goa and Haryana, the channels have achieved almost total connectivity, in UP there are distribution issues which are yet to be sorted out.
    The three channels will function independently for their day to day work and operations will be headed by executive director Gokul Kumar in Goa and Dharampal Dhankar will look after Haryana while Pradeep Sharma will look after Punjab Today. The CEO chief editor Sanjay Dwivedi will be in charge of all the three channels.
    “Regional channels are the most happening thing today and I believe that advertisers will flock to them because of higher penetration into all areas of the state. Hence we are avoiding going national at the moment,” Jain said.
    When asked how a small state like Goa would manage to run a 24×7 news channel, he said, “Local content is exploding and there are so many things that are specifically Goan, like football, local culture. Hence programming is not an issue that is of worry.”
    Meanwhile, STV has already applied to run on DD Direct Plus, Prasar Bharati’s DTH service platform. “When that happens we shall be seen everywhere in the country and outside,” Jain said, adding that he is in discussion with the private DTH players Dish TV and Tata Sky.
    Punjab Today, the news channel that had faced political repression, is recovering gradually, Jain said, adding that it has been forced out of the local cable operators only in some places of the state. “They did so initially, but gradually many LCOs have returned because it is a hugely popular channel in the state,” he said.