Tag: social media

  • Neeraj Chopra’s social media valuation reaches Rs 428 cr: JSW Sports

    Neeraj Chopra’s social media valuation reaches Rs 428 cr: JSW Sports

    Mumbai: More than a month after Olympic sensation Neeraj Chopra created history by bagging the sole gold medal for India in the 2020 Tokyo Olympics, the athlete’s stock has been on a perpetual upward trajectory. The win has turned Chopra into a household name overnight across the country. His stellar on-field performance has now spilled over seamlessly onto the digital arena, catapulting the 23-year old javelin-thrower into the social media spotlight.

    According to a report by research consultancy firm YouGov Sport, Neeraj Chopra recorded over 2.9 million mentions from over 1.4 million authors, making him the ‘most mentioned’ athlete globally on Instagram during the 2020 Tokyo Olympics. These numbers also represent a whopping 1401 per cent and 2055 per cent increase in his mentions from separate authors online, respectively. As a result, Chopra’s reach on social and digital media has come to a staggering 412 million, spanning several geographies over the world. These numbers have combined to take the athlete’s social media valuation to a total of Rs 428 crore.

    “Neeraj has been a consistently outstanding performer in his discipline over the last five to six years, resulting in his phenomenal success at the Tokyo Olympics. He has now become a recognisable personality for the Indian masses on a scale that was hitherto unseen. This, in turn, has brought about a growing interest from brands and institutions looking at a long-term sustainable collaboration,” said JSW Sports head of sales and marketing Divyanshu Singh. 

    The agency which represents the javelin thrower and manages Chopra’s endorsements shared that the athlete has created inroads into mainstream commercial success as a result of his performances on the field, and his growing popularity off it. 

    According to the report by YouGov Sport, Chopra’s total interactions on social media since bagging the gold medal have risen to 12.79 million, at a rate of 86.3 per cent. A key factor in the increased engagement on the athlete’s profile has been the steady increase in his video views, which is recorded at 4.05 million, nearly thrice the average for an elite Indian athlete on social media. Naturally, the number of account followers for Neeraj Chopra has also seen a swift upswing, with his Instagram following now recorded at 4.4 million, representing a 2297 per cent increase in his followers.

    Chopra has presently eclipsed even established international cricketers like KL Rahul and Rishab Pant in terms of total interactions and overall reach on social media, as per JSW Sports.

    The Olympic gold medallist last week signed his first set of endorsement deals after the Tokyo Games, which include edtech firm Byju’s, Tata AIA Life Insurance, and a top pharma brand. Welcoming Chopra on board, Tata AIA Life Insurance executive vice president and chief distribution officer Venky Iyer said, “As a VSM awardee in the army and a national icon today, Neeraj symbolises incredible passion for excellence and a great commitment to serving the nation. For us at Tata AIA, his sports journey echoes greatly with our vision of enabling dreams and inspiring healthier and happier lives.”

    According to reports, JSW Sports is in advanced talks to finalise more deals with luxury auto and apparel brands in the coming weeks and a series of digital-only pacts, at fees ten times higher than what Chopra charged before the Games. 

    The fact that the 23-year-old can deliver value has been well established in the days since his remarkable success. This has opened a new opportunity with brands that can innovate with strategies built around the young sensation.

  • Bombay HC stays parts of new IT rules

    Bombay HC stays parts of new IT rules

    New Delhi: The Bombay high court has granted an interim stay to the implementation of parts of the Information Technology (IT) Rules, 2021 which require that all online publishers follow a “code of ethics” and norms of conduct.

    According to the court, “prima facie” (on the face of it), sub-clauses 1 and 3 of clause 9 of the Intermediary Guidelines and Digital Media Ethics Code Rules, 2021 violated the petitioners’ constitutional right to freedom of speech and expression under Article 19. Provisions of clause 9 also went beyond the scope of the substantive law (the Information Technology Act of 2000), it added further, according to PTI.

    The court was hearing two petitions filed by digital news portal `The Leaflet’ and journalist Nikhil Wagle which had challenged the new regulations notified by the government in February this year. According to the petitions, the new rules are “vague”, “draconian”, and bound to have a “chilling effect” on the freedom of press and right to free speech guaranteed by the Constitution. The petitioners had also contended that the rules “go beyond the parameters set by the Information Technology Act and limits set under Article 19 of the Constitution”, and sought an interim stay on the implementation of the new IT Rules till the court gives its final decision in the matter.

    Meanwhile, the high court has refused to stay clause 14 that pertains to the setting up of an inter-ministerial committee with powers to regulate online content and deal with grievances and breach of rules, and clause 16 which is about blocking of online content in case of an emergency.

    The Information Technology (Intermediary Guidelines and Digital Ethics Code) Rules, 2021 seek to regulate dissemination and publication of content in cyber space, including social media platforms. The rules notified in February, also recommend a three-tier mechanism for the regulation of all online media. Under the rules, the digital publishers are required to take urgent steps for appointing a grievance officer, if not done, and place all relevant details in the public domain. They also need to constitute self-regulatory bodies through mutual consultation so that the grievances are addressed at the level of publishers or the self-regulating bodies themselves.

    It is significant to note that similar petitions opposing the new rules have been filed in high courts across the country.

  • Royal Enfield’s new ad-film kindles the joy of returning home

    Royal Enfield’s new ad-film kindles the joy of returning home

    Mumbai: Royal Enfield has rolled out a new digital film capturing the joy of returning home after a long journey alone.

    The film called ‘Home‘ is conceptualised and executed by Mumbai-based production house Coconut Films and was taken up by Royal Enfield. It follows a sole rider’s journey through Ladakh on a motorcycle, the wheels mapping out the circle of life beneath them.

    The film, which is extensively shot in the beautiful locales of Ladakh, touches upon various emotions and feelings attached to returning to one’s safe haven- one’s home. It captures a solo traveller’s emotions and what she feels through her journey back home like reminiscing the good old days and light-hearted moments that are experienced by her while travelling a long distance on her bike. It strikes a connection with its core message : ‘Going the distance is not about how far away you will get, but from what length you’re willing to return.’

    Targeting all biking enthusiasts, the film has been released digitally across all social media platforms.

    Shedding light on producing and shooting Royal Enfield’s new brand film, Coconut Films co-founder, Tushar Raut said, the team has put its soul into making the film. “The campaign idea was born out of conversations with our team which has a lot of biking enthusiasts. They all beamed a common passion around the bike, its looks and its performance. One thing we knew was to let the story emote itself while showing the bike in all its glory and yet create a narrative that touches the audience’s heart. As for the music, the choice of the folkloric vocals and background music is like an uplifting crescendo that gives a charismatic, authentic touch to the film,” he said.

    Speaking about the film, Royal Enfield, global head of marketing, Shubhranshu Singh said, “As a brand we welcome creative expression and are fortunate to be at the heart of an evolved community of gifted creators. ‘Home’ is an evocative piece of content by Coconut Films that tells a heartfelt story in a very authentic manner”.

    Speaking about the film, director, Aiman Ali said, “Seldom, we get to do projects crafted with so much perseverance, honesty, and love. Shooting at one of the humblest places in the world – Ladakh, and exploring the raw beauty and wholehearted emotions of its people was a side we hadn’t seen before. Their way of life made us wonder if we are missing a point when we say we need to go the distance in life. Maybe at times going the distance could mean taking a step back, towards your roots. This introspection is what fuelled our latest project ‘Home’ for the Royal Enfield Himalayan”.

  • Netflix eyes foray into video gaming, hires former Facebook exec as gaming VP

    Netflix eyes foray into video gaming, hires former Facebook exec as gaming VP

    New Delhi: Netflix is finally making the big move. Even as media conglomerates across the world slug it out to challenge its dominance in the streaming space, the US giant is gearing up for its next step. According to reports, Netflix is planning to expand beyond its traditional streaming business, and make its foray into video gaming.

    On Wednesday, Netflix hired former Facebook, vice president, Mike Verdu, as VP of game development to lead its video games unit, reported Bloomberg. Verdu was previously Facebook’s vice president in charge of working with developers to bring games and other content to Oculus virtual-reality headsets.

    He has previously served as senior vice president of EA mobile, president of studios and chief creative officer at Kabam, CEO of TapZen, and chief executive officer for Zynga from 2009 to 2012. At Netflix, he will report to chief operating officer Greg Peters.

    The idea is to offer video games on Netflix’s streaming platform within the next year, Bloomberg quoted a person familiar with the situation. According to the report, the games will appear alongside current fare as a new programming genre — similar to what Netflix did with documentaries or stand-up specials.

    The reports suggest Netflix will build its gaming team in the next few months, and it has “already started advertising for game-development related positions on its website”.

    The company now has 208 million paid subscribers across the globe, up from 204 million last quarter, and the latest announcement could be its boldest move yet. The announcement comes at a time, when Netflix is looking at ways to catalyse its growth especially in saturated markets like the US. Analysts contend that the move could also enable the company to justify its price hike in the coming few months.