Tag: Uday Shankar

  • Media distribution infra needs to change: Star India CEO Uday Shankar

    Media distribution infra needs to change: Star India CEO Uday Shankar

    NEW DELHI: Lack of infrastructure is impacting the media and entertainment industry and improving its current state could fuel growth in the sector, top media executives have said.

    Star India CEO Uday Shankar said, “The distribution infrastructure of the industry has to change. There needs to be fundamental transformation in terms of screens for films, cable networks for television and digital infrastructure advertising.”

    Shankar was addressing the session on ‘How a flourishing M&E industry can deliver on India’s dream of Growth, Equity and Jobs’ during a two-day meet to mark the 89th Annual General Meeting of the Federation of Indian Chamber of Commerce and Industry. Shankar is also the chairman of FICCI Media and Entertainment Committee.

    In his closing remarks, Shankar said that lack of infrastructure, which was crucial for the industry was the major obstacle for growth, and improving the existing scenario by fixing few issues could fuel growth. “This is because it has the ability to employ and integrate people at the margins of the society,” he added.

    The Indian Media and Entertainment industry is estimated to be worth around $18 billion, and employs about six million people.

    However, he said the industry is unrecognized in terms of economic value and contribution to the country’s GDP, and represents only 0.9%. The lower contribution to the economy of the country is because the industry is stuck in a plethora of regulations including pricing of content, and lack of adequate infrastructure to monetise their content.

    India Today Group chairman Aroon Purie, speaking on how the Media and Entertainment industry could deliver on India’s dream said that the television industry was impacted because of the regulations surrounding pricing of content and the disintegrated cable networks in the country. “Of the Rs 14,000 crore collected by the cable companies, only Rs 4,000 crore reaches the broadcaster,” Purie said.

    Voicing similar concern on behalf of the film industry, FICCI Film Forum chairman Rakeysh Omprakash Mehra said that, though India produced around 1200 movies a year – the highest in the world – it could not monetise because of lack of theatres. “We want to have people’s theatres where the middle class family can go and watch movies at affordable prices,” Mehra said, adding that the higher number of screens directly translates into increase in revenue for film producers.

    GroupM South Asia CEO C V L Srinivas said, with consumers increasingly moving to digital and social media, the government should look at integrating all its efforts in building digital infrastructure. “One-point agenda is: improving the digital infrastructure,” he added.

  • ABP News Network CEO Ashok Venkatramani departs

    ABP News Network CEO Ashok Venkatramani departs

    MUMBAI: Even as the week was ending, came another shocking piece of news. Ashok Venkatramani, the CEO of ABP News Network (ANN) had quit and in fact had even served out his notice period with Friday (4 November 2016) being his last day at work.

    A hardcore Hindustan Lever professional, Venkatramani was given charge of the network in 2008, when it was a 76:24 per cent joint venture Media Content and Communications Services (MCCS) between West Bengal based print media group ABP and Rupert Murdoch’s Star India.  The joint venture launched three channels Star News, Star Ananda, and Star Majha, in the Hindi, Bengali and Marathi news space.

    The two parted ways in 2012 as Star India wanted to focus on its entertainment and sports business under CEO Uday Shankar with ABP buying out the Star India stake. The parting agreement included the dropping of the Star name from the channels.  Something which many thought would be detrimental for the ABP group in revenue terms.

    Venkatramani had the responsibility of overseeing the rebranding of the channels to ABP News, ABP Ananda and ABP Majha. And he did that pretty effectively. Revenues not only stayed put, they also grew. Venkatramani, after some struggle with the ministry of information and broadcasting on getting a licence, also launched ABP Sanjha in July 2014. His efforts were recognized at 2016’s indiantelevision.com News Television (NT) Awards this earlier this year and he was inducted into the NT Awards Hall of Fame.

    Venkatramani confirmed his departure to indiantelevision.com, saying that he was leaving for newer challenges. And he confirmed that he was being replaced by Atideb Sarkar (the son of ABP editor in chief Arup Sarkar). Not much is known about where Venkatramani is headed, but his deputy and the company’s COO Avinash Pandey appreciated his efforts in a comment to a media portal. As did the ABP managing director and CEO D. D. Purkayastha.

    Venkatramani is currently the president and director on the Board of the News Broadcasters Association of India (NBA) and chairs its HR and sales sub-committees. He is also a former director of the Indian Broadcasting Foundation. Ashok is also a member of the Digitization Task Force appointed by the Indian government.

    He is is a B. Tech from Bombay and has done his management post graduation from Indian Institute of Management Ahmedabad and Harvard Business School.

    Also Read:

    Murdoch set to exit TV news biz in India

    Star, ABP announce divorce; Star News to be ABP News

    ABP’s Punjabi channel, Sanjha, finally gets its licence
     

  • ABP News Network CEO Ashok Venkatramani departs

    ABP News Network CEO Ashok Venkatramani departs

    MUMBAI: Even as the week was ending, came another shocking piece of news. Ashok Venkatramani, the CEO of ABP News Network (ANN) had quit and in fact had even served out his notice period with Friday (4 November 2016) being his last day at work.

    A hardcore Hindustan Lever professional, Venkatramani was given charge of the network in 2008, when it was a 76:24 per cent joint venture Media Content and Communications Services (MCCS) between West Bengal based print media group ABP and Rupert Murdoch’s Star India.  The joint venture launched three channels Star News, Star Ananda, and Star Majha, in the Hindi, Bengali and Marathi news space.

    The two parted ways in 2012 as Star India wanted to focus on its entertainment and sports business under CEO Uday Shankar with ABP buying out the Star India stake. The parting agreement included the dropping of the Star name from the channels.  Something which many thought would be detrimental for the ABP group in revenue terms.

    Venkatramani had the responsibility of overseeing the rebranding of the channels to ABP News, ABP Ananda and ABP Majha. And he did that pretty effectively. Revenues not only stayed put, they also grew. Venkatramani, after some struggle with the ministry of information and broadcasting on getting a licence, also launched ABP Sanjha in July 2014. His efforts were recognized at 2016’s indiantelevision.com News Television (NT) Awards this earlier this year and he was inducted into the NT Awards Hall of Fame.

    Venkatramani confirmed his departure to indiantelevision.com, saying that he was leaving for newer challenges. And he confirmed that he was being replaced by Atideb Sarkar (the son of ABP editor in chief Arup Sarkar). Not much is known about where Venkatramani is headed, but his deputy and the company’s COO Avinash Pandey appreciated his efforts in a comment to a media portal. As did the ABP managing director and CEO D. D. Purkayastha.

    Venkatramani is currently the president and director on the Board of the News Broadcasters Association of India (NBA) and chairs its HR and sales sub-committees. He is also a former director of the Indian Broadcasting Foundation. Ashok is also a member of the Digitization Task Force appointed by the Indian government.

    He is is a B. Tech from Bombay and has done his management post graduation from Indian Institute of Management Ahmedabad and Harvard Business School.

    Also Read:

    Murdoch set to exit TV news biz in India

    Star, ABP announce divorce; Star News to be ABP News

    ABP’s Punjabi channel, Sanjha, finally gets its licence
     

  • Cricketers Star in ‘Nayi Soch’ ODI jerseys

    Cricketers Star in ‘Nayi Soch’ ODI jerseys

    MUMBAI: Star India, in association with the BCCI, has turned the spotlight on women once again with their new campaign. Called “Nayi Soch,” the campaign sees Indian cricketers wearing their mother’s names on their jerseys. It has struck a deep chord with all sections of society making several wonder and hope if the team would wear their mother’s names on their jerseys for an actual match.

    To make a powerful statement, the Indian Cricket team will sport jerseys with their mother’s names on 29 October for the concluding ODI of the India-New Zealand series.

    This gesture will champion the cause of women in a country which is ranked 130th out of 155 nations in the world on gender equality (United Nations Human Development Report 2015). On this game day, the Indian cricket team will serve as ambassadors of new thinking and use the power and platform of sport to drive meaningful social change.

    “This is the first time in the world that a team jersey is being used so disruptively to power social change. Star Plus has taken an unprecedented leap in its Nayi Soch or new way of thinking. We compliment the BCCI and the Indian team for such a transformational collaboration,” said Star India chairman and CEO Uday Shankar.

    Shankar further added, “At Star, women have always been at the forefront of everything we do. This time around both BCCI and Star have put their strength together to highlight the cause of women in India. World over Sports has been a tremendous platform for advocacy of a range of social causes. The Indian cricketers sporting their mothers’ names make for a powerful and emotive statement and we are thankful to BCCI and the Indian Cricket team for partnering with us on this idea. It will support the voice of the emerging Indian woman and inspire millions to acknowledge and celebrate the identity and role of women in India.”

    The enormous popularity of the Indian cricket team and the fact that our cricketers serve as role models gives Team India the power for social change. Tapping into this capacity and marrying it with the high impact of television, the symbolic gesture of cricketers wearing their mothers’ names is sure to make the people of India sit up and challenge stereotypes that continue to hold back women today.

    BCCI president Lt. Anurag Thakur added, “Time and again women have proved their mettle and history has been the witness of their greatness. Once a woman becomes a mother, her entire life gets dedicated towards her children. She plays an equally or rather greater role in shaping the future of her children. With this initiative in collaboration with Star India – ‘Nayi Soch’, our endeavor is to honor each and every woman. The Indian team will be sporting their mother’s name on the jerseys for the fifth ODI against New Zealand with intent to thank all the mothers for their efforts and sacrifices.”

    Star Plus, through its content, has been associated with this movement and continues to push forward the Nayi Soch agenda for women.

    Also read:

    Star Plus salutes Moms through Dhoni, Kohli and Ajinkya in promos

  • Cricketers Star in ‘Nayi Soch’ ODI jerseys

    Cricketers Star in ‘Nayi Soch’ ODI jerseys

    MUMBAI: Star India, in association with the BCCI, has turned the spotlight on women once again with their new campaign. Called “Nayi Soch,” the campaign sees Indian cricketers wearing their mother’s names on their jerseys. It has struck a deep chord with all sections of society making several wonder and hope if the team would wear their mother’s names on their jerseys for an actual match.

    To make a powerful statement, the Indian Cricket team will sport jerseys with their mother’s names on 29 October for the concluding ODI of the India-New Zealand series.

    This gesture will champion the cause of women in a country which is ranked 130th out of 155 nations in the world on gender equality (United Nations Human Development Report 2015). On this game day, the Indian cricket team will serve as ambassadors of new thinking and use the power and platform of sport to drive meaningful social change.

    “This is the first time in the world that a team jersey is being used so disruptively to power social change. Star Plus has taken an unprecedented leap in its Nayi Soch or new way of thinking. We compliment the BCCI and the Indian team for such a transformational collaboration,” said Star India chairman and CEO Uday Shankar.

    Shankar further added, “At Star, women have always been at the forefront of everything we do. This time around both BCCI and Star have put their strength together to highlight the cause of women in India. World over Sports has been a tremendous platform for advocacy of a range of social causes. The Indian cricketers sporting their mothers’ names make for a powerful and emotive statement and we are thankful to BCCI and the Indian Cricket team for partnering with us on this idea. It will support the voice of the emerging Indian woman and inspire millions to acknowledge and celebrate the identity and role of women in India.”

    The enormous popularity of the Indian cricket team and the fact that our cricketers serve as role models gives Team India the power for social change. Tapping into this capacity and marrying it with the high impact of television, the symbolic gesture of cricketers wearing their mothers’ names is sure to make the people of India sit up and challenge stereotypes that continue to hold back women today.

    BCCI president Lt. Anurag Thakur added, “Time and again women have proved their mettle and history has been the witness of their greatness. Once a woman becomes a mother, her entire life gets dedicated towards her children. She plays an equally or rather greater role in shaping the future of her children. With this initiative in collaboration with Star India – ‘Nayi Soch’, our endeavor is to honor each and every woman. The Indian team will be sporting their mother’s name on the jerseys for the fifth ODI against New Zealand with intent to thank all the mothers for their efforts and sacrifices.”

    Star Plus, through its content, has been associated with this movement and continues to push forward the Nayi Soch agenda for women.

    Also read:

    Star Plus salutes Moms through Dhoni, Kohli and Ajinkya in promos

  • Star India’s Gaurav Banerjee’s take on ‘P.O.W. – Bandi Yuddh Ke’

    Star India’s Gaurav Banerjee’s take on ‘P.O.W. – Bandi Yuddh Ke’

    MUMBAI: It has been labeled as the pioneer of saas bahu sagas. But, the leadership trio — Uday Shankar-Sanjay Gupta-Gaurav Banerjee — at the Twenty First Century Corp-owned Hindi GEC Star Plus — has over the past few years been working at breaking down this myth. The mantra has been create differentiated content with the help of real, relevant Indian stories and series. And, Star Plus’ latest effort, the Nikhil Advani-directed Israeli-show Hatufim Khatufim adaptation, P.O.W.- Yudh Ke Bandhi, is once again a reflection of that philosophy.

    ‘P.O.W. – Bandi Yuddh Ke’ is very Indian though it is adapted from leading Israeli format licensing house Keshet International’s successful 2010 series; it was also made into the runaway global hit ‘Homeland’, courtesy US cable network Showtime.

    The Indian version works as a large-scale high-octane family drama with a thriller backdrop. The story takes us through the journey of the lives of the two couples Harleen–Sartaj, Nazneen-Imaan and the aftermath of the return of the war heroes after 17 years, over 126 episodes.

    Two Indian PoWs Sartaj and Imaan — declared missing in action (MIA) after the Kargil war ends in 1999 — are rescued from the Indo-Pakistan border after escaping from captivity. They work to overcome the trauma of torture and captivity while settling back into their interrupted family lives.

    An ensemble cast of discerning actors like Purab Kohli, Sandhya Mridul, Amrita Puri, Satyadeep Mishra and Manish Chaudhari have teamed up for the project with Nikkhil Advani. While Purab plays a naib subedar in the Indian army, Mishra will be seen as an air force officer. And, the editor from the channel’s side is Saugata Mukherjee.

    Banerjee and his team chose the Israeli version created by Gideon Raff, which focuses on the emotional upheaval that the two soldiers and families face on their being locked away for 17 years and on their return to their homeland. The US adaptation worked more in the space of a thriller, and questioned whether the protagonist is a terrorist or not.

    Nikkhil Advani, whose company Emmay Entertainment is producing ‘P.O.W. – Bandi Yuddh Ke’, has been quoted in the media as saying: “I realised the real prisoners of war are the soldiers’ wives and families. The wives haven’t been able to move on with their lives…they have this sense of guilt that’s holding them back. They think, ‘What if he comes back?’…The story has a lot of emotions. Homeland is a little cold for Indians. Indians inherently love emotion.”

    Indiantelevision.com had an interaction with Star India deputy chief creative officer Gaurav Banerjee yesterday and he had his own take on the show. Said he: “P.O.W is a deeply emotional story. But, we have thriller dimensions as well. I think for us the difference is that this an Asian story but it was set up in Israel. We found a very strong Indian context in it and also the story in itself is very different. It’s s an art — a challenging art — writing a fresh story and adapting a great story in the current context and in an Indian milieu. We have worked hard on the story over two years.”

    Banerjee admitted that a decision on the time slot and exact launch date for the show has yet to be taken. But, sources expect the airdate to be late October, late prime and that it will run from Monday to Saturday.

    ‘P.O.W. – Bandi Yuddh Ke’ has been under development for two years. And, both Advani and the channel consulted army experts to help maintain accuracy in the writing and while shooting. Filming started earlier this year in locales in Punjab and Mumbai. In all, 36 episodes of the show have been canned. “We have used a proper balance of real-life locations, special effects and VFX,” said Banerjee.

    The channel has roped in two brands Tiago and Patanjali Kesh Kanti as co- powered by sponsors. One can expect some amount of brand integration of the two in the show as is the practice on television these days.

    Highlighted Banerjee: “It’s a big Diwali launch for us and you can expect us to be little ambitious about this. Since, it’s a finite series, we started with the trailer. It will be followed by more glimpses of the characters as we go along. The music has played a very good role in grafting the story and that is important as we set up the marketing of the show. Also we want all kinds of media to be a part of it but moreover we believe in the story.”

    Banerjee is hopeful that Indian viewers will celebrate P.O.W with Star Plus. He stated: “Star Plus is known for great stories. One of the big things for us is to be the platform where viewers gets the best stories, concepts and content. Sixteen years ago, we started with ‘Kaun Banega Crorepati’, which was the first format we adapted from the US and, last year, we did the show ‘Sumit Sambhal Lega’ which was also an adaptation of the big Hollywood iconic show Everybody Loves Raymond. We always want to be the platform for India’s best stories. Therefore, our goal is to bring original stories and also some great stories from the world to the larger Indian audience.”

    Says a media observer: “What could work in Star Plus’ favour is the timing of ‘P.O.W –Yudh Ke Bandhe.’ Indo-Pak relations are at near boiling point following the massacre of Indian soldiers in Uri by Pakistan-backed terrorists, and the incidents and debate thereafter has captured the minds and hearts of Indians. Emotions are running high as most in India want a resolution of the decades-long conflict between the two nations. The story could well strike an emotional cord with Indians who want to see some action from India’s side.”

    Banerjee laughed off the insinuation that show was fortuitous in its timing. “You would like us to believe that,” he said.

    But, in his heart of hearts, he probably knows that the airdate for ‘P.O.W. – Bandi Yuddh Ke’ could not have been timed better, and Star Plus may well have cottoned on to a winner.

  • Star India’s Gaurav Banerjee’s take on ‘P.O.W. – Bandi Yuddh Ke’

    Star India’s Gaurav Banerjee’s take on ‘P.O.W. – Bandi Yuddh Ke’

    MUMBAI: It has been labeled as the pioneer of saas bahu sagas. But, the leadership trio — Uday Shankar-Sanjay Gupta-Gaurav Banerjee — at the Twenty First Century Corp-owned Hindi GEC Star Plus — has over the past few years been working at breaking down this myth. The mantra has been create differentiated content with the help of real, relevant Indian stories and series. And, Star Plus’ latest effort, the Nikhil Advani-directed Israeli-show Hatufim Khatufim adaptation, P.O.W.- Yudh Ke Bandhi, is once again a reflection of that philosophy.

    ‘P.O.W. – Bandi Yuddh Ke’ is very Indian though it is adapted from leading Israeli format licensing house Keshet International’s successful 2010 series; it was also made into the runaway global hit ‘Homeland’, courtesy US cable network Showtime.

    The Indian version works as a large-scale high-octane family drama with a thriller backdrop. The story takes us through the journey of the lives of the two couples Harleen–Sartaj, Nazneen-Imaan and the aftermath of the return of the war heroes after 17 years, over 126 episodes.

    Two Indian PoWs Sartaj and Imaan — declared missing in action (MIA) after the Kargil war ends in 1999 — are rescued from the Indo-Pakistan border after escaping from captivity. They work to overcome the trauma of torture and captivity while settling back into their interrupted family lives.

    An ensemble cast of discerning actors like Purab Kohli, Sandhya Mridul, Amrita Puri, Satyadeep Mishra and Manish Chaudhari have teamed up for the project with Nikkhil Advani. While Purab plays a naib subedar in the Indian army, Mishra will be seen as an air force officer. And, the editor from the channel’s side is Saugata Mukherjee.

    Banerjee and his team chose the Israeli version created by Gideon Raff, which focuses on the emotional upheaval that the two soldiers and families face on their being locked away for 17 years and on their return to their homeland. The US adaptation worked more in the space of a thriller, and questioned whether the protagonist is a terrorist or not.

    Nikkhil Advani, whose company Emmay Entertainment is producing ‘P.O.W. – Bandi Yuddh Ke’, has been quoted in the media as saying: “I realised the real prisoners of war are the soldiers’ wives and families. The wives haven’t been able to move on with their lives…they have this sense of guilt that’s holding them back. They think, ‘What if he comes back?’…The story has a lot of emotions. Homeland is a little cold for Indians. Indians inherently love emotion.”

    Indiantelevision.com had an interaction with Star India deputy chief creative officer Gaurav Banerjee yesterday and he had his own take on the show. Said he: “P.O.W is a deeply emotional story. But, we have thriller dimensions as well. I think for us the difference is that this an Asian story but it was set up in Israel. We found a very strong Indian context in it and also the story in itself is very different. It’s s an art — a challenging art — writing a fresh story and adapting a great story in the current context and in an Indian milieu. We have worked hard on the story over two years.”

    Banerjee admitted that a decision on the time slot and exact launch date for the show has yet to be taken. But, sources expect the airdate to be late October, late prime and that it will run from Monday to Saturday.

    ‘P.O.W. – Bandi Yuddh Ke’ has been under development for two years. And, both Advani and the channel consulted army experts to help maintain accuracy in the writing and while shooting. Filming started earlier this year in locales in Punjab and Mumbai. In all, 36 episodes of the show have been canned. “We have used a proper balance of real-life locations, special effects and VFX,” said Banerjee.

    The channel has roped in two brands Tiago and Patanjali Kesh Kanti as co- powered by sponsors. One can expect some amount of brand integration of the two in the show as is the practice on television these days.

    Highlighted Banerjee: “It’s a big Diwali launch for us and you can expect us to be little ambitious about this. Since, it’s a finite series, we started with the trailer. It will be followed by more glimpses of the characters as we go along. The music has played a very good role in grafting the story and that is important as we set up the marketing of the show. Also we want all kinds of media to be a part of it but moreover we believe in the story.”

    Banerjee is hopeful that Indian viewers will celebrate P.O.W with Star Plus. He stated: “Star Plus is known for great stories. One of the big things for us is to be the platform where viewers gets the best stories, concepts and content. Sixteen years ago, we started with ‘Kaun Banega Crorepati’, which was the first format we adapted from the US and, last year, we did the show ‘Sumit Sambhal Lega’ which was also an adaptation of the big Hollywood iconic show Everybody Loves Raymond. We always want to be the platform for India’s best stories. Therefore, our goal is to bring original stories and also some great stories from the world to the larger Indian audience.”

    Says a media observer: “What could work in Star Plus’ favour is the timing of ‘P.O.W –Yudh Ke Bandhe.’ Indo-Pak relations are at near boiling point following the massacre of Indian soldiers in Uri by Pakistan-backed terrorists, and the incidents and debate thereafter has captured the minds and hearts of Indians. Emotions are running high as most in India want a resolution of the decades-long conflict between the two nations. The story could well strike an emotional cord with Indians who want to see some action from India’s side.”

    Banerjee laughed off the insinuation that show was fortuitous in its timing. “You would like us to believe that,” he said.

    But, in his heart of hearts, he probably knows that the airdate for ‘P.O.W. – Bandi Yuddh Ke’ could not have been timed better, and Star Plus may well have cottoned on to a winner.

  • Hotstar targets billion minutes watch time daily

    Hotstar targets billion minutes watch time daily

    MUMBAI: The new mantra at the Twenty First Century Fox-owned Star India subsidiary Novi Digital’s Hotstar is the figure of a billion. Yes, a billion. Not a billion subscribers, but a billion minutes. Speaking at a conference in China yesterday, its senior vice-president and head of product Varun Narang stated that the OTT service’s target is to get to a billion minutes of watch time daily.

    “Once you get to a billion minutes a day, you’re talking about a real, real business,” stated Narang at the conference.

    Narang was roped in to Hotstar from Whipclip last year and has had more than half a decade’s product experience with top-notch services such as Hulu and Amazon in the US. He was recruited to lead the team which is helping build mobile solutions for the app and help innovate content discovery, quality of video playbacks as well as build native advertising platforms for the app.

    Speaking at the Bank of America Merrill Lynch Media and entertainment conference earlier this month Twenty First Century Fox executive chairman Lachlan Murdoch had stated that Hotstar had gone from streaming 750 million minutes to 2.5 billion minutes between July and August 2016. That means it has some distance to travel before it gets to that billion minutes a day figure.

    Responding to a question from ace analyst Jessica Jean Reif Cohen on the media powerhouse’s plans for India, Lachlan had elaborated that Hotstar is expected “to grow significantly with the launch of Reliance Jio’s mobile 4G service, which Hotstar is the exclusive (sic) program provider for. So, on the Reliance Jio phones — the biggest launch of consumer product in many many years – Hotstar is the exclusive television provider on the platform. And so we think where every single single consumer will have access to Hotstar premium which is a $3 service. And, they’ll have it provided by Reliance for free. So, it’s a very exciting time in India for us. Just to have this in perspective, those streaming numbers for Hotstar is about, if you compare with Netflix in India, Netflix is about six per cent the size of Hotstar”.

    Among the initiatives, Hotstar is looking to scale up the product quickly is rolling it out globally in the near future, targeting the south Asian diaspora, Narang revealed at the conference. This was something that even Star India chairman Uday Shankar had stated at the Ficci Frames conference in Mumbai earlier this year.

    Narang admitted that what was helping Hotstar is the fact that “content rights are a lot easier for us in India than they are in the US.”

    Other things that could aid it get there is its catalogue of around 35,000 hours of entertainment content. At its investor call conference during the announcement of its annual results Twenty First Century Fox CFO John Nallen had pointed out that “in the beginning, we saw pretty severe sort of volatility and spike, largely around sports viewership on the Hotstar platform to when there was a big cricket tournament or something like that. But, gradually over the last year, what’s really built and gotten much more momentum is scripted programming, it’s Indian-scripted programming in multiple languages, and that’s really driving, that’s been the most gratifying and to see more consistent viewership of that and that’s really a big, big part of the volume now, and it’s the fastest way growing part of the volume on a consistent basis, local Indian-scripted programming at very high volumes.”

    Currently, Hotstar has an estimated 72 million downloads with around 50 million active users.

  • Hotstar targets billion minutes watch time daily

    Hotstar targets billion minutes watch time daily

    MUMBAI: The new mantra at the Twenty First Century Fox-owned Star India subsidiary Novi Digital’s Hotstar is the figure of a billion. Yes, a billion. Not a billion subscribers, but a billion minutes. Speaking at a conference in China yesterday, its senior vice-president and head of product Varun Narang stated that the OTT service’s target is to get to a billion minutes of watch time daily.

    “Once you get to a billion minutes a day, you’re talking about a real, real business,” stated Narang at the conference.

    Narang was roped in to Hotstar from Whipclip last year and has had more than half a decade’s product experience with top-notch services such as Hulu and Amazon in the US. He was recruited to lead the team which is helping build mobile solutions for the app and help innovate content discovery, quality of video playbacks as well as build native advertising platforms for the app.

    Speaking at the Bank of America Merrill Lynch Media and entertainment conference earlier this month Twenty First Century Fox executive chairman Lachlan Murdoch had stated that Hotstar had gone from streaming 750 million minutes to 2.5 billion minutes between July and August 2016. That means it has some distance to travel before it gets to that billion minutes a day figure.

    Responding to a question from ace analyst Jessica Jean Reif Cohen on the media powerhouse’s plans for India, Lachlan had elaborated that Hotstar is expected “to grow significantly with the launch of Reliance Jio’s mobile 4G service, which Hotstar is the exclusive (sic) program provider for. So, on the Reliance Jio phones — the biggest launch of consumer product in many many years – Hotstar is the exclusive television provider on the platform. And so we think where every single single consumer will have access to Hotstar premium which is a $3 service. And, they’ll have it provided by Reliance for free. So, it’s a very exciting time in India for us. Just to have this in perspective, those streaming numbers for Hotstar is about, if you compare with Netflix in India, Netflix is about six per cent the size of Hotstar”.

    Among the initiatives, Hotstar is looking to scale up the product quickly is rolling it out globally in the near future, targeting the south Asian diaspora, Narang revealed at the conference. This was something that even Star India chairman Uday Shankar had stated at the Ficci Frames conference in Mumbai earlier this year.

    Narang admitted that what was helping Hotstar is the fact that “content rights are a lot easier for us in India than they are in the US.”

    Other things that could aid it get there is its catalogue of around 35,000 hours of entertainment content. At its investor call conference during the announcement of its annual results Twenty First Century Fox CFO John Nallen had pointed out that “in the beginning, we saw pretty severe sort of volatility and spike, largely around sports viewership on the Hotstar platform to when there was a big cricket tournament or something like that. But, gradually over the last year, what’s really built and gotten much more momentum is scripted programming, it’s Indian-scripted programming in multiple languages, and that’s really driving, that’s been the most gratifying and to see more consistent viewership of that and that’s really a big, big part of the volume now, and it’s the fastest way growing part of the volume on a consistent basis, local Indian-scripted programming at very high volumes.”

    Currently, Hotstar has an estimated 72 million downloads with around 50 million active users.

  • After Uday Shankar, Punit Goenka is new IBF president

    After Uday Shankar, Punit Goenka is new IBF president

    MUMBAI: The 17th Annual General Meeting (AGM) of The Indian Broadcasting Foundation (IBF) was held in New Delhi today. In the IBF Board of Directors meeting thereafter, Punit Goenka (Managing Director & CEO, Zee Entertainment Enterprises) was elected as the Foundation’s President.

    The IBF Board also elected Rajat Sharma (Chairman, India TV), N.P. Singh (CEO, Sony Pictures Network), Sudhanshu Vats (Group CEO, Viacom 18), K. Madhavan (Managing Director, Asianet Communications) as Vice-Presidents; and K.V.L. Narayan Rao (Executive Vice-Chairperson, NDTV) as the Treasurer of the Foundation for a period of one year.

    After being appointed, Goenka said, “I am delighted to lead the Indian broadcasting sector at a time when there is a lot of churning and India is being looked upon as global destination for investments. In the ensuing and continuing efforts of making India as a broadcasting superpower, I wish to work in a most collaborative manner with the Government, Industry and other stakeholders for realization of the sector’s value chain to the optimum.”

    Outgoing IBF President Uday Shankar said, “I cannot think of a more suitable person than my dear friend, Punit Goenka to handover the leadership of IBF. Over the years, Punit has eminently helped me in navigating IBF through these volatile times. He is also the primary architect of Broadcast Audience Research Council (BARC). His intelligence, dynamism and maturity will be great assets for IBF and the Indian media.”