Tag: Sunil Lulla

  • NBA makes changes in its board of directors

    NBA makes changes in its board of directors

    MUMBAI: Even though the News Broadcasters Association (NBA) holds an election for office bearers every year, a few changes have been made mid way due to various reasons.

     

    With Zee Media CEO Alok Agrawal stepping down from his position, Zee Media Group CEO Bhaskar Das has been appointed in his place on the board of directors (BOD) of NBA. The replacement for NBA honorary treasurer B Saikumar, the former Network 18 Group CEO has not yet been finalised.

     

    Another change in the board of directors is Times Television Network MD and CEO MK Anand taking charge in place of the network’s former MD and CEO Sunil Lulla.

     

    Other members on the BOD include president and NDTV executive vice chairperson KVL Narayan Rao, vice president and MCCS CEO Ashok Venkatramani, India TV chairman Rajat Sharma, India Today group CEO Ashish Bagga, BAG network chairperson and MD Anurradha Prasad, Mathrubhumi director MV Shreyams Kumar and Odisha Television MD Jagi Mangat Panda.

  • Despite lesser releases, Eros FY-2014 PAT up by 29 per cent to Rs 199.69 crore!

    Despite lesser releases, Eros FY-2014 PAT up by 29 per cent to Rs 199.69 crore!

    BENGALURU: It missed hitting Rs 200 crore PAT by just around Rs 31 lakh in the recently concluded FY-2014.  The Sunil Lulla led Eros International Media Limited (Eros) belongs to a select league of a handful of publicly listed Indian media and entertainment companies that have only grown bigger and bigger in terms of bottom line as well as topline as compared to rest that have made it a norm to show blood across their balance sheets. And all this despite a 10.4 per cent drop in the number of films released to 69 in FY-2014 from 77 in FY-2013!

     

    Last year, the company entered the Rs 1000 Total Income club. This year, it continued its membership in that select peerage and how! In FY-2014, Eros reported a growth of just 6.1 per cent in Total Income (Tot Inc) to Rs 1139.64 crore from Rs 1074.35 crore in FY-2013. As mentioned above, the company recorded a PAT of Rs 199.69 crore (17.5 per cent of Tot Inc) in FY-2014, which was a whopping 29.2 per cent more than the Rs 154.53 crore (14.4 per cent of Tot Inc) in FY-2013.

    Note :  (1)100,00,000=100 lakh = 1 crore = 10 million.

     

    Eros released 30 Hindi films, 37 Tamil/Telugu films and 2 other regional language films in FY-2014 as compared to the 30 Hindi, 44 Tamil and 3 other regional language films in FY-2013.

     

    Let us look at the other numbers reported by Eros in FY-2014 and Q4-2014

     

    Tot Inc in Q4-2014 at Rs 280.97 crore was 8.9 per cent less than the Rs 308.36 crore in Q3-2014 and 83.3 per cent more than the year ago quarter Q4-2013.

     

    PAT in Q4-2014 at Rs 34.54 crore (12.3 per cent of Tot Inc) was 31.2 per cent less than the Rs 50.18 crore (16.3 per cent of Tot Inc) in Q3-2014 and more than triple (3.6 times) the Rs 9.58 crore (6.2 per cent of Tot Inc) in Q4-2013.

     

    Eros reported Total Expense (Tot Exp) for FY-2014 at Rs 641.44 crore (56.3 per cent of Tot Inc), which was 13.9 per cent lower than the Rs 744.81 crore (69.3 per cent of Tot Inc) in FY-2013. Eros Q4-2014 Tot Exp at Rs 209.86 crore (74.7 per cent of Tot Inc) was 4.4 per cent less than the Rs 219.47 crore (71.2 per cent of Tot Inc) in Q3-2014 and 54.1 per cent more than the Rs 136.20 crore (88.9 per cent of Tot Inc) in Q4-2013.

     

    Eros Finance cost in FY-2014 was 3.48 times at Rs 32.71 crore (2.9 per cent of Tot Inc) as compared to the Rs 9.39 crore (0.9 per cent of Tot Inc) in FY-2013. The company’s finance cost in Q4-2014 at Rs 14.52 crore (5.2 per cent of Tot Inc) was almost double (1.97 times) the Rs.7.38 crore (2.4 per cent of Tot Inc) in Q3-2014 and 7.4 times the Rs 1.96 crore (1.3 per cent of Tot Inc) in Q4-2013.

     

    The company’s trade payables and receivables have both gone down in FY-2014 as compared to FY-2013.

    Here are the figures: Trade Payables FY-2014 – Rs 36.98 crore (3.2 per cent of Tot Inc) – down 15.5 per cent from Rs 43.74 crore (4.1 per cent of Tot Inc) in FY-2013.

     

    Trade Receivables – FY-2014 – Rs 151.45 crore (13.3 per cent of Tot Inc) – down 11.1 per cent from Rs 170.44 crore (15.9 per cent of Tot Inc) in FY-2013.

     

    In its press release, Eros has indicated the breakup of revenue for FY-2014 as: Theatrical revenue – Rs 474.9 crore (42 per cent of Total revenue); Overseas Revenue –Rs 293.4 crore (26 per cent of Total revenue) and Other Revenue –Rs 366.4 crore (32 per cent of Total Revenue).

     

    Eros managing director Sunil Lulla said, “This has been an excellent year for the company with strong operational and financial performance. Our strategy to focus on a diversified mix of high, medium and low budget movies, emphasis on regional language films along with monetisation of our catalogue across various platforms has enabled us to deliver such strong performance.”

     

    “We are confident that our leadership position within the industry, monetization of our extensive movie library and positive structural sector trends should enable us to create huge value for all stakeholders going forward. On the back of a well-funded movie slate scheduled for FY-2015, we expect to deliver yet another strong financial performance in the coming year,” added Lulla.

     

    Click here for detailed financial report

    Click here for detailed earning result

     

     

  • Ajay Trigunayat bids adieu to Times Television Network

    Ajay Trigunayat bids adieu to Times Television Network

    MUMBAI: Not too long ago we at indiantelevision.com were the first to report that the former Disney UTV Media Networks MD MK Anand will be taking over as the new MD and CEO of Times Television Network (TTN), stepping into Sunil Lulla’s shoes.

     

    Well, now news is that TTN English entertainment channels CEO Ajay Trigunayat has called it a day. Sources close to the network have revealed that Trigunayat will be shortly moving on from the Times Group and is currently ensuring that the transition is smooth for his team.

     

    The source reveals that there will be centralisation of functions now. While earlier all the functions like – HR, finance, distribution, legal, among other things, reported to Times Now, ET Now and Zoom CEO Avinash Kaul, they will now be directly reporting to M K Anand.

     

    Plans are also afoot for getting in a network sales head, currently for the English cluster (Movies Now and Romedy Now). The network has undergone some major reshuffling. While it has appointed Mandeep Singh as network sales head; Movies Now head of sales for north Arunabh Madhur, will now take charge of national sales for the channel. Not only this, Movies Now head of sales for west Siddharth Chopra has been elevated to Romedy Now national sales head.

     

    “Both these individuals have been around since the inception of Movies Now, which was back in 2010, and have been given the responsibility keeping in mind their commitment and hard work for the network,” says the source.

     

    “The idea is to completely centralise the work flow of the network and to get a chief sales/revenue officer and hold fort and report directly to M K Anand,” reveals the source.

     

    On the marketing front Shantanu Gangane will head it for both Movies Now and Romedy Now; and the programming and content team will directly report to M K Anand.

     

    Prior to joining TTN, Trigunayat was in the Middle East in an entrepreneurial capacity, and has also been the business head of the Zee English Channels bouquet, and put in stints at Lintas, Contract and Rediffusion and at Pepsi in a sales role.

     

    But, that’s not all! In another blow to the network, the source also reveals that Romedy Now associate business head Harsh Sheth is on his way out from the network, but will be handling operations for at least another couple of months.

     

    Sheth has been with the TTN for just over three years; first handling the channel and business strategy for Movies Now for a period of nearly two years and then being acknowledged and elevated as the associate business head for the seven month old English entertainment channel, Romedy Now.

     

    Prior to joining the network, Sheth has had a stint with Star India, starting out by working and handling varied Star properties across genres i.e. Star Gold, Star Movies, Star World, Star Pravah and Channel [V]. His mandate was to use consumer insights for scheduling, on-air presentation, distribution, marketing and content. He also looked after content acquisition and development of fiction as well as non-fiction shows for Channel [V] later on. He started out as an assistant manager – key accounts with TAM Media Research and handled clients like Sony, Sahara, Disney, UTV, MTV.

     

    Both Trigunayat and Sheth were unavailable for comment, even after repeated attempts. Both these individuals have been instrumental in running the English cluster for TTN and will certainly be a loss to the organisation.

  • Dhishkiyaon: Dhishki..yawn

    Dhishkiyaon: Dhishki..yawn

    MUMBAI: Looking at Dhishkiyaon, it is more than obvious that the writer director of this film, Sanamjit Talwar has been fed on a diet of 1970s films of Mumbai underworld. The all-time classic Deewaar set a trend that many makers have tried to emulate. Everything about Dhishkiyaon is copybook: it’s set in the Mumbai underworld of the Koliwada beaches and deals mainly with smuggling and the role of the police. And, like in many filmy underworlds, there are layers to the operatives so that the fight can continue and the main don can be taken up in the end like the favourite food item reserved till last.

    Harman Baweja is a well-behaved kid being brought up by his father, having lost his mother at five. His father has little time for him but advises him to follow the Gandhian path. Harman is the victim of a school bully who beats him up and humiliates him every day. But he also has close friends in a girl and a boy. Fed up of the class bully, the child Harman decides to give supari to a local gangster, Prakash Narayanan, because he has been told that Prakash can handle anybody. Prakash takes a fancy to the kid and tells him that the only way to stop the bully is to give it back to him. Prakash and Harman are now inseparable and next thing you know, Harman has grown up and is a member of Prakash’s gang.

    Prakash, as Harman learns soon, is not the ultimate don. He answers to another don, Sumit Nijhwan. And then there is another don, Rajesh Vivek, who is liquidating all his assets and clearing out of the game, though he doesn’t explain why. Harman wants to steal his computer and through that the loot from Vivek’s assets. However, his plan is hijacked by Sumit. There has been a killing in the process of stealing the computer. Vivek’s accountant as well as Harman’s mentor, Prakash, is killed. Harman is made an offer to either take a bullet or take the rap for the killings. For Harman, it is necessary to stay alive to avenge Prakash’s death.

    Producers: Sunil Lulla, Shilpa Shetty.

    Director: SanamjitTalwar.

    Cast: Sunny Deol, Harman Baweja, Ayesha Khanna, Prashant Narayanan, Aditya Pancholi, Anand Tiwari, Rajit Kapoor, in item number Shilpa Shetty.

    While in jail, Harman meets Sunny Deol, a Haryanvi. Both while away their time playing snakes and ladders, which Sunny also uses to teach his philosophies of life and survival to Harman. Once out of jail, both team up and, under the guidance of Sunny, Harman plans his revenge on Sumit. Harman impresses Sumit and gains his confidence despite opposition from Sumit’s right hand man, Anand Tiwari. He also cultivates the policeman, Aditya Panscholi. With the screen so crowded, it is time to eliminate some people. Finally, it is between Harman, Tiwari and Sumit.

    The film starts with Harman narrating his life story to Sunny in first person with some flashbacks. This continues almost till interval. It is a poor use of the visual medium of film. There is no background to Sunny’s character. He is larger than life because of his public image as a toughie. Sadly, the same can’t be said of the villains who are unknown faces without any image and don’t help Harman’s character grow. The script is patchy and the scenes that inspired the writer have been thrown in piecemeal. Dialogue is good at places. Musically, one song is hummable. A little trimming would have helped.

    While Sunny and Aditya stay true to their style of acting, Harman is limited by his expressions. Prakash is very good. Sumit is okay. Tiwari grossly overacts.

    Dhishkiyaon is a lost cause and will find it tough to see through even the weekend.

    Youngistaan: No Politics Please

    Political stories either blended with family sagas or with romance, whichever way, don’t usually work in mainstream Hindi cinema except for the odd one, like the antiestablishment Inquilaab (1984) or South remake Nayak (2001), both of which barely managed to scrape through. The one which went on to become a classic is Aandhi (1975). Against this, the list of flops is long. Even rarer are political films about young people in politics. Before the recent Rajneeti (2010) the last film one remembers of a young man (Prosenjit) going into politics with an agenda was Aandhiyan (1990), with the only attraction of this film being the return of Mumtaz to Hindi cinema. While Nayak and Inquilaab with Anil Kapoor and Amitabh Bachchan, respectively, in the lead had some star power, Aandhiyan lacked on that count, a problem that Youngistaan suffers from to a great degree.

    Producer: Vashu Bhagnani.

    Director: Syed Ahmad Afzal.

    Cast: Jackky Bhagnani, Neha Sharma, Farooq Sheikh, Boman Irani, Kayoze Irani, Meeta Vasisht.

    Jackky Bhagnani is a young easygoing guy enjoying life with his steady girlfriend, Neha Sharma. His life is all about fun and games, parties and romance. That he is the son of the powerful PM of India, Boman Irani, hardly touches his life as he is gallivanting in far away Japan. That is until, one day suddenly, Boman is no more and Jackky is called upon to fill in his father’s shoes until the elections, which are due soon. At 28, he is the youngest PM of a vast country, straight from a life of luxury to no-frills political showmanship, from denims to kurtas.

    Now instead of his friends, he is surrounded by his political ‘friends’ of whom he is never sure. There is no life or privacy with his lady love anymore. In fact, his love life with a live-in girlfriend is out of sync with the political traditions; they are not supposed to do these things openly! He also has another problem. His partner, Neha, is not in favour of him taking up politics, least of all his father’s responsibilities. And there is, of course, the game of wits with other politicians.

    Inspired from the Telugu film Leader, Youngistan could have been a subject worth trying in a regional language but not in Hindi where, in politics, even those in 40s are considered young! Also, it is not as simple as taking over a kingdom. This makes the theme seem implausible and farfetched. Also, there is too much of real politics happening in the electronic media nowadays what with general elections around the corner. Direction is fair. Musically, the film has a couple of good numbers. Jackky manages a passable act. Neha is okay. The one worth watching the film for is Farooq Sheikh, this being the great artiste’s last film.

    Youngistan has had a poor opening with no audience-no show at many cinemas.

    O Teri: No Teri

    Jaane Bhi Do Yaaro is a cult classic meant to be enjoyed again and again, not to be blatantly copied; never. O Teri is just that, an attempt to present, what the makers think, is a contemporary version of the Kundan Shah classic. In the bargain, the producers also waste the goodwill earned with their last production, Bodyguard. It could have been better utilized.

    Pulkit Samrat and Bilal Amrohi are greenhorn TV news reporters working as a team as well as living under same roof in Delhi. They have no sense of newsworthiness and their boss, Sarah-Jane Dias, is exasperated with the duo. She wanted scams and other such big news. Finally, she sacks them. What is worse, Pulkit is besotted by Sarah. The film’s tempo is set with the murder of a police detective who has managed to expose a scandal by Anupam Kher and was about to go public with it. He has been shot and then run over by a speeding car. Strings are pulled to have it declared an accidental death. The killers, however, fail to dispose the cop’s corpse safely and dump it in Pulkit’s Fiat car.

    Producers: Alvira Agnihotri, Atul Agnihotri.

    Director: Umesh Bist.

    Cast: Pulkit Samrat, Bilal Amrohi, Sarah-Jane Dias, Anupam Kher, Mandira Bedi, Vijay Raaz, Manoj Pahwa and Salman Khan in a cameo.

    Excited, the duo informs Sarah, who asks them to bring the body to her studio. (That is the kind of film this is where a news editor expects a corpse ferried around town and delivered at her doorstep.) However, when Sarah comes along to the car park to see the body, it is missing. The duo gets an earful. As both argue over a foot over bridge, the bridge, newly built, starts coming apart. The scandal is at hand and happening with the duo being right in the middle of the happenings. Bilal puts his Handycam to use. But, these are blundering boys and never get anything right. When they go to Sarah to show her the live coverage of the collapsing bridge, the disc is corrupted!

    While the CD may not have copied the whole shoot, it does manage to shoot the stolen corpse of the cop buried under the bridge debris. The boys are back in action. The charade goes on ad nauseam as just about everybody is on the villains’ side and gangs up against the two. However, the makers’ don’t let up on the greed for a happy ending.

    There are good films at times and there are bad films most of the time but, O Teri vies for the slot of a very, very bad film. It has no script, no coherence, no logic and no appeal of any kind. The presence of any director is suspect. Songs are forced in to take the film to an acceptable length which adds to the viewers’ tedium. Dialogue is banal. As for its two lead men, while Pulkit fails, making an effort, Bilal can’t act to save his life. Sarah lacks presence. Vijay Raaz is getting more irritable with every film he does. Anupam Kher is a caricature while Manoj Pahwa is okay in an undefined role. Salman Khan’s cameo song in the end titles may see few if any still around in the hall to watch it.

    For a film with thanks to Salim Khan and Salman Khan among others in its credit titles, O Teri is an example of gross waste of resources, financial as well as personal relations.

  • Remember your first tweet?

    Remember your first tweet?

    MUMBAI: After tweeting hundreds of time, do you sometimes wonder what your first tweet was? Well, just use the newly launched tool by Twitter as it celebrates its eighth birthday.

     

    Ideas, anecdotes, opinions, experiences and achievements, among other things have been expressed in 140 characters since 2006, the year the now-much talked about social networking site was first introduced.

     

    While in these eight years, many have posted thousands of posts on Twitter to share joy, sadness, crib or even socialise. But there was no way one could find out their first tweet, except for scrolling down the long list to see it.

     

    So, to make life easier, Twitter is now taking people on a nostalgic ride.

     

    And as many people are busy finding out their own first tweets, we bring to you a list of the first tweets by the media biggies.

     

    @rupertmurdoch: Have just. Read The Rational Optimist. Great book.

     

    @ManishTewari Good Morning world on Dec 7 th 2012
     

    @SrBachchan: @juniorbachchan hey baby !! I made it on twitter !!! Yeeaaaaaahhhh !! … sorry..just got carried away ..safe onward flight and love

     

    @sachin_rt: Finally the original SRT is on twitter n the first thing I’d like to do is wish my colleagues the best in the windies,

     

    @iamsrk: hi everyone. being extremely shy i never thought i would be here. but my friend @kjohar25 insisted that i should learn to share my life.

     

    @punit_goenka: #MaryKom is the perfect example of what ZEE has always stood for – empowering people! May she bring home the gold medal!

     

    @cvlsrinivas: ’tis bird has flown..

     

    @haritnagpal: Finally on Twitter too!

     

    @SunilLulla: Hectic Parleying Before The Weekend That My Daughter Moves Cities

     

    @rajcheerfull:  Fireworks must be banned and If it cant be done then it should only be allowed in public places like playgrounds, beach, parks etc.

     

    @jawharsircar: RBI monitoring situation: Subbarao http://bit.ly/KhG0QO

     

    @BeingSalmanKhan: Arbaaz ne kaha ke tweet kar toh banta hai boss

     

    @NSaina: Entering the world of Twitter for the first time! Looking forward to great interactions with Fans!!! So here goes my first tweet! 🙂

     

    @ShereenYT: Young Turks Awarded For Consistent Coverage Of Innovation& Social Entrepreneurship At The unconvention Summit In Chennai

     

    @itsmeanuj: nothing is happening…dont know if i am waiting for something to happen…

     

    @parthodasgupta: off to delhi tom

     

    @Rajesh_sethi Indian Govt’s fiscal deficit may be harder to reign in than popularly envisaged. How will Govt reduce expenditure & still be populist ? #in

     

    @vikramchandra checking mail

     

    @ramankalra1 DND limiting Sabeer Bhatia’s next big idea of free global txtng…#TRAI listening? …#Infocom2011

     

    @AjitkThakur: Back on twitter after months. Under pressure from team to do some Life OK tweets! For now just saying life is OK @LifeOKTV

     

    @LloydMathias: hanging loose

     

    @nairsameer: Japs outsourcing to India…with Japan’s aging populace producing few new engineers, there is a real business opportunity here.

     

    @FRIEDFOODBRAIN:  Spilled ink on my pants. No really, it’s ink. The kind that helps a pen make squiggly lines that the learned called writing. Yup that ink.

     

    @ bhogleharsha: @Nagaraju_Dovari i do too and you do too.and cricketers and authors and singers are no different from you and me

     

    @Lk_Gupta: Ganpati statues on trucks n guys dancg arnd thm wth branches brokn fm trees. Wot?!

     

    @Sanjay_Tripathy: Going to watch the movie ‘Seven Pounds’

     

    @shaileshkapoor: Checking Twitter out!

     

    @kvpops: This is my new account. Henceforth i shall tweet from this id

  • Eros International reports higher income, profit in Q3-2014

    Eros International reports higher income, profit in Q3-2014

    BENGALURU: Eros International Media Limited (Eros) posted 17.2 per cent y-o-y consolidated operating income at Rs 432.68 crore in Q3-2014 as compared to the Rs 369.33 crore in last year’s quarter and was more than double (2.15 times) the operating income of Rs 201.05 crore in the immediate trailing quarter. Over the nine month period that ended 31 December, 2013, Eros reported a 4.2 per cent drop in operating income from Rs 855.63 crore to Rs 820.05 crore in the corresponding period of the previous year. Operating Income for FY 2013 was Rs 1067.95 crore.

     

    The company’s PAT in Q3-2014 at Rs 91.99 was 41.1 per cent higher as compared to the Rs 65.2 crore in Q3-2013 and also more than double (2.48 times) the Rs 36.97 crore in Q2-2014. YTD, PAT for the current quarter was up by 29 per cent to Rs 158.30 crore as compared to Rs 122.71 crore in last year’s nine month period. For FY 2013, Eros reported PAT of Rs 154.53 crore.

     

    Eros Managing Director Sunil Lulla said, “The company has showcased its success with releases such as Ram Leela, R…Rajkumar, Grand Masti, Raanjhaana, Krissh 3 (Overseas), Yeh Jawaani Hai Deewani (Overseas) and Phata Poster Nikla Hero (Overseas). These releases are continuously being monetised over several distribution platforms. With a diversified mix of high budget and moderately budgeted-high concept movies in our future movie stale, we believe that we will exhibit sustained success in the future as well.”

     

    Let us look at the other Q3-2014 figures reported by Eros:

     

    Consolidated total expense for Q3-2014 at Rs 298.4 crore was 6.5 per cent more than the Rs 280.27 crore in Q3-2013 and almost double (1.97 times) the expense of Rs 151.16 crore in the immediate trailing quarter. Year-to-Date (YTD), Eros reported expense of Rs 597.64 crore, which was 11.6 per cent lower than the Rs 675.95 crore in the corresponding nine month period of last year. In FY 2013, Expense was Rs 848.13 crore.

     

    Earnings before Income & Tax (EBIT) reported by the company for Q4-2014 at Rs 135.25 crore was up by 50.5 per cent as compared to the EBIT of Rs 89.86 crore in Q3-2013 and also more than double (2.68 times) the Rs 50.31 crore in Q2-2014. YTD, EBIT at Rs 231.69 crore was 25.6 per cent more than the Rs 184.47 crore in the corresponding nine months of the previous year. For FY 2013, Eros EBIT was Rs 226.22 crore.

     

    Eros Finance cost for Q3-2014 at Rs 7.39 crore was almost triple (2.84 times) the Rs 2.6 crore in Q3-2013 and 19.2 per cent more than the Rs 6.2 crore in Q2-2014. YTD, the company’s finance cost was more than double (2.44 times) at Rs 18.2 crore as compared to the Rs 7.44 crore in the corresponding nine months of the previous year. In FY 2013, Eros paid finance costs of Rs 9.22 crore.

     

    The company says that 41 films (15 Hindi, 25 Tamil and 1 other regional) were released during the nine month of FY 2014 as compared to 60 (26 Hindi, 32 Tamil and 2 other regional) films in during nine month FY 2013. It says that strong theatrical revenues during 9M FY 2014 have showcased the success of overseas releases, namely: Ram Leela, R…Rajkumar, Grand Masti, Raanjhaana, Krissh 3, Yeh Jawaani Hai Deewani and Phata Poster Nikla Hero.

     

    Click here for release

     

    Click here for financial

  • Sunil Lulla promoted to President, Corporate Development of BCCL Group

    Sunil Lulla promoted to President, Corporate Development of BCCL Group

    MUMBAI: Nine years ago, Sunil Lulla was given the challenge of steering the Times Television Network’s (TTN) fortunes in a competitive Indian TV landscape. Today, the late entrant in the industry has blossomed as a broadcast major. And it seems like the former TTN MD and CEO’s  efforts have not gone unnoticed by the board of Bennett Coleman & Co Ltd (BCCL). Lulla is being challenged once again to work his magic on and grow some relatively nascent activities within the group.

     

    Lulla has been designated as President of Corporate Development in the BCCL group and has been been given the task of replicating his earlier success with TTN in smaller BCCL businesses like music, sports, new IP, international events and other initiatives. The Times Music division will now be reporting to Lulla who will be working closely with Times Internet CEO  Satyan Gajwani and BCCL group  MD Vineet Jain.

     

    Former Disney UTV Media Networks MD MK Anand will be taking over as the new MD and CEO of TTN, stepping into Lulla’s shoes. The date when both of them will be taking on their new roles is not yet clear but it will be sometime in February.

     

    Lulla has nearly three decades of experience in the industry. He has worked with leading organizations such as MTV, Sony Entertainment Television and successfully built TTN into an enterprise.  Now he will have to create a new legacy for TTN’s parent-BCCL.

     

    While MK Anand was unavailable for comment, Sunil Lulla confirmed the news about his new role. Apparently an official announcement was made internally by the BCCL management very recently.

  • The Mumbai Marathon lures media professionals

    The Mumbai Marathon lures media professionals

    MUMBAI: The 2014 edition of the Standard Chartered Mumbai Marathon drew media professionals like a fish to water. A  whole bunch of executive right from broadcast to media agencies to marketers to advertising professionals donned their sports shoes, and pinned their numbers to their T-shirts, and pounded the streets as they joined 40,000 other runners to test either the Dream Run, the half marathon or the entire distance.

     

    Among those who woke themselves early on 19 January included: Meenakshi Menon (she and 10 others ran for an NGO Vanashakti), Suki Dusanj, Times Television Network CEO Sunil Lulla, former Indiagames CEO Vishal Gondal, Mindshare’s Jai Lala, Vizeum India head S. Yesudas, Sahara group’s Kailashnath Koppikar, Sapna Bhavnani, MindShare’s Rajit Desai, Sony Entertainment’s Deep Drona, Star India’s  Kevin Vaz, Lashmi Narasimham, Bharat Kapadia, Mindshare’s Amin Lakhani, Paritosh Joshi, HDFC Life’s marketing head Sanjay Tripathy, CNBC TV18 marketing head Suranjana Ghosh Aikara.

     

    Some of them ran for charity; some to challenge themselves. Their facebook accounts and twitter posts were replete  with their individual experiences and how they bettered their previous best times. Or how they braved aches and pains to complete the course they had set for themselves.

     

    Rajit Desai completed his first half marathon in 2 hours 47 minutes, a feat which he felt was not spectacular, but “satisfying for a debut.” Jain Lala wore the number 34377 on his jersey and had all his colleagues and friends going ga-ga over him. Sony’s Deep Drona ran his half marathon in 2 hours 4 minutes and 9 seconds. Said he: “Bettered last year by 2 mins. Great result compared to the work put in this year.”

     

    Viacom18 Pictures Ajit Andhare ran with his friends from the times of his GE days and also to promote the studios upcoming Abhay Deol film. Yesudas hit the  asphalt for the half marathon, adding to the tally of long distance races he has participated in. Entertainment Network India Ltd (ENIL – Radio Mirchi) CEO Prashant Panday completed his half marathon in 1 hour 53 minutes, which is by all standards a good time for a non-professional runner.

     

    Media industry veteran and now marketing consultant Bharat Kapadia says he ran his seventh consecutive half marathon and completed it in 2 hours 17 minutes.

    Viacom18 Media group CEO Sudhanshu Vats, on his part, ran the full marathon in a classy time of just under four hours. 

    Times TV’s Sunil Lulla did well too. Said he: ” Mumbai Half Marathon, 2014. My first and I am grateful to complete it in. 1 hr: 54 mins: 29 sec , ranking 650 overall and 78 in Veteran. I pledged a healthy sum of money to CMCA, and am glad I could deliver on my promise. Thank You.”

     

  • The Times Now, India News blackout in Uttar Pradesh

    The Times Now, India News blackout in Uttar Pradesh

    MUMBAI: Two major news channels – Times Now and India News – were blacked out over the weekend in Uttar Pradesh, following their criticism of  the lavish Saifai Mahotsav ceremony by the Akhilesh Yadav-run government in the state. The black out of the two channels was done following unofficial orders from government officials, local cable TV operators have confessed to the media.  However, both Times Now and India News were back on most cable TV networks in the state, though the latter was was still not available in Lucknow and Faizabad, at the time of writing.

     

    The black out  has disturbed both the government and the news broadcast industry. Information and broadcasting minister Manish Tewari candidly remarked yesterday that his ministry would fast track TRAI’s recommendations on cable TV monopolies in various states to prevent operators from misusing their dominance. 

     

    Times Television Network CEO Sunil Lulla spoke to indiantelevision.com, saying that the issue was a matter of fundamental rights. “We completely echo the thoughts of the minister on monopolisation. There cannot be any arbitrariness,” he says. 

     

    India News which is a Hindi channel says that nearly 25 per cent of its viewership comes from UP. And, it lost a large part of that in the past two days.  “Our channel has been switched off since 10 January and although no one is coming out in the open we have heard that they have been ordered to do so. Our channel is still missing in Lucknow and Faizabad which are important strongholds. So, we are still discussing with the local cable TV ops to get it back on as soon as possible,” says ITV Network (India News and News X) CEO R K Arora. 

     

    Some fingers have been pointed toward MSO DEN Networks which has a large share of cable TV subscribers in Uttar Pradesh for giving into government pressure and switching off the two channels. However, DEN COO M. Azhar disagrees that there was any pressure from any quarter. Pooh-poohing claims that there was a large scale blackout from his network, he says that it was restricted to only a few local cable TV operators. 

     

    “All channels are now running on our network and it was only a few people who had done it for sometime but now everything is restored,” he says. 

     

    Lulla, while agreeing that his channel has been restored, states that “a standard process needs to be followed by both the broadcaster as well as the MSO and no disconnection can be done without notice. It was probably some state officials who had jumped the gun.” 

  • The year the industry entered the ICU

    The year the industry entered the ICU

    Perhaps that best expresses what Television News underwent in 2013. Simply because it spells out to say: What (the) Hell Ever Happened!

    A pause would have been a positive sentiment; in a year that felt like the roller coaster was going to crash. Yes, flat revenues, would have been a positive. Flat viewership would have been a positive.

    If the TV News industry was a human body, it would have woken up at the end of the year, from a long and deep coma only to discover, multiple organ attacks and multiple surgeries on its meager body had thrashed whatever hope it started the year of 2013 with.

    There was a name change, a year that saw a new expression (and that’s the biggest positive outcome of 2013) – ‘TVT’ replace ‘TRP’ to aid acknowledgement of the growth of TV viewers, was the silver lining on an otherwise dark cloud. But still to gain currency and translate into value. So, at this stage for TV News, just a name change.

    Then came hope, with the promise of new infusion of body muscle with a change in thinking around foreign investment in TV News. But on the day the good Doctor did not show up and the patient will limber on trying to find investment funds. The strong may survive, but many will perish, without new hope of quality investment.

    Tossed from one operating theatre to another, the patient remains in ICU. Not knowing if the doctor will pull the plug or resuscitate.

    A series of cardiac attacks followed, with circulation of blood (advertising income) threatening to be restricted, cutting away supply of oxygen and threatening the very survival of the TV News industry and the consequent ill effects on democracy. Tossed from one operating theatre to another, the patient remains in ICU. Not knowing if the doctor will pull the plug or resuscitate. The patient though is showing visible signs of fighting strong.

    Finally, the cost of medication went up, with Digital Addressable System (DAS) 2 – carriage fees, which were expected and promised to go down (as was experienced with DAS1) headed northwards. The daily dose of vitamins just got more expensive.

    In this mayhem and bodily torture, what kept the soul and the body together, you may ask? The kindred of the TV News industry survives on the very one thing it does best – delivering quality news, round the clock, with commitment.

    There was lots of news. It became more social and digital and TV News leveraged that growth engine.

    It has built a sound set of principles and a robust mechanism to work together as an industry, in unison. This antibody resisted all those attacks and kept intact body and soul. Nourishing it for another day, another year.  One that the TV News industry, knows will not be easy. But it has got smarter and knows how to work together.

    For 2014, the TV news industry must make a Bang – big audacious news and glory. With a major election in sigh, the industry must learn to stick together even more, grow its value and turn away the woes and the Whew to bold steps of business collaboration, to drive down costs and bring profitability into the industry.

    Be it carriage, ad price, inventory, news standards, governance – the TV News business can evolve the industry’s future by creating its own self-regulation on best business practices and best shareholder practices to bring the shine back into it.

    2014 brings hope, renewed faith and will be full of News! Good News! BANG!

    (Sunil Lulla is MD and CEO of Times Television Network. The views expressed in the above article are the author’s personal views)