Tag: Viacom18

  • MTV India & Fully Faltoo announce a strategic partnership with Snap Inc

    MTV India & Fully Faltoo announce a strategic partnership with Snap Inc

    Mumbai: Viacom18’s Youth, Music and English entertainment (YME) cluster announced a strategic content partnership with Snap Inc. The cluster aims to provide its clutter-breaking content and innovations from Fully Faltoo and MTV India to Snapchat’s widespread user-community.

    Snapchatters will get to enjoy snackable content and snackable clips of select content across genres and a variety of youth fiction and non-fiction shows—from Parodize Station and Bad Breakups from multi-format content destination Fully Faltoo, to pop-culture and genre-defining MTV offerings such as Splitsvilla, Hustle 2.0, new seasons of action-adventure reality show Roadies and more.

    Speaking on the partnership with Snap Inc., Viacom18 YME cluster digital partnership lead Tarun Saxena said, “As we continue to scale up, we aim to close the fragmentation of touchpoints and offer our cluster’s rapidly growing content inventory to our audience through a multiplatform strategy. Engaging with the dynamic generation of Snapchatters, we see a great opportunity to achieve meaningful reach and deepen engagement with the youth across yet another canvas.”

    Snap director media-partnerships-APAC Kanishk Khanna added, “At Snap, we are committed to localising the app experience for our Indian community and driving relevant, interesting content for them. Our partnership with Viacom18’s Youth, Music and Entertainment cluster will add value to Snapchatters and reinforce our local-first content strategy.”

    As short-form content continues to permeate and significantly redefine mainstream consumption, snackable content has become the mainstay of audience engagement and transmedia storytelling. Riding this wave and surpassing its own benchmarks with a swiftly growing content library, the YME cluster is all set to revolutionise the category with unique digital partnerships.

  • Voot launches first OTT season of Bigg Boss Kannada

    Voot launches first OTT season of Bigg Boss Kannada

    Mumbai: Viacom18-owned, Voot, is all set to exclusively launch its first-ever OTT season of Bigg Boss Kannada on 6 August 2022.

    Kannada superstar Kiccha Sudeep will host the OTT season.

    For the six-week digital exclusive season of Bigg Boss OTT Kannada, Voot welcomes Vimal Elaichi as ‘co-presenting’ sponsor and Paytm as ‘special’ partner.

    Comprising shows and movies like ‘Humble Politician Nograj’, ‘Badava Rascal’, ‘Honeymoon’, ‘Dear Vikram’ etc., the platform has successfully amplified its regional content repertoire to reach out to its Kannada viewers.

     
     
     

     
     
     
     
     

     
     

     
     
     

     
     

    A post shared by Voot Select (@vootselect)

    Following the overwhelming success of its reality show Bigg Boss OTT Hindi last year, Voot will once again unleash over-the-top entertainment and drama for all its Kannada viewers, starting 6th August 2022. With six weeks of unprecedented access, engagement and interactivity, viewers will get a chance to watch exclusive cuts, round-the-clock content drops, and a fully interactive 24*7 live feed from the house.

    Talking about bringing Bigg Boss OTT to its Kannada viewers, Viacom 18 digital ventures chief operating officer Gourav Rakshit said, “Kannada has been an important market for us at Voot, and our recent movie slate has helped us consolidate our leadership in the market. Voot’s success with Bigg Boss OTT Hindi in 2021 proved to be a game-changer in the digital entertainment space, and we’re excited to launch Bigg Boss OTT Kannada, reinforcing our commitment to bringing fresh and engaging shows to Voot audiences across the country.”

    Speaking on the maiden edition of Bigg Boss OTT Kannada, Viacom18 business head of Kannada cluster Param said, “Year-on-year, Bigg Boss has been delivering outstanding and ground-breaking editions across languages, both on television as well as digital. The Kannada market has always stayed ahead of the curve and the launch of Bigg Boss OTT Kannada will further create an immersive and engaging experience for all our Kannada viewers. We are hopeful that the upcoming digital edition will take the show’s fandom a notch higher and engage and interact with viewers like never before.”

    Adding to it, Kichcha Sudeep said, “It’s really exciting to see the growing anticipation for the first OTT season, and the new avatar will surely live up to this craze. As the promo suggests, the OTT season will be a dream come true for the Bigg Boss fans to see 24×7 live action with entertainment, drama, and a lot more that will certainly keep our viewers hooked for 6 weeks. The madness has just begun. Stay tuned.”

  • Network18’s Q1 consolidated revenue grows 10% to Rs 1,340 crore YoY

    Network18’s Q1 consolidated revenue grows 10% to Rs 1,340 crore YoY

    Mumbai: Network18 Media & Investments on Tuesday announced its financial results for the quarter ended 30 June, 2022. The company reported that its consolidated revenue from operations rose to Rs 1,340 crore year-on-year, amidst a challenging macro environment. It has witnessed 10 percent growth. During the same period, the company posted a 67.52 per cent decline in consolidated net profit at Rs 39.46 crore.

    According to a regulatory filing, Network18’s net profit stood at Rs 121.51 crore during the April-June period a year ago. However, its total expenses were Rs 1,349.78 crore, up 24.88 percent from Rs 1,080.79 crore during the same period last year.

    Network18’s entertainment business revenues grew 13 per cent in Q1 FY23 despite its free-to-air Hindi general entertainment channel (GEC) going off DD FreeDish.

    Digital News revenue continued to grow at a fast pace, said the report, but added that “TV News revenue was flat YoY despite multiple state elections in the base quarter.”

    TV18’s news channels established strong positions in key markets with CNBC TV18, CNN News18 ranked #2 and News18 India ranked #1, #2, and #3 (refer: source) in their genres, respectively.

    During the quarter, three dedicated sports broadcasting channels were launched by Viacom18- Sports18, Sports18 HD and Sports18 Khel.

    On digital media rights for IPL

    Viacom18 has acquired the non-exclusive rights to digitally streaming of 18 matches in every season of the Indian Premier League in the Indian sub-continent for the seasons starting from 2023 to 2027.

    “After announcing a deal with Bodhi Tree and Reliance, Viacom18 made a giant leap towards building a compelling digital consumer proposition by acquiring the Indian subcontinent exclusive digital rights of the Indian Premier League (IPL),” read the statement.

    Highlights for Q1 FY23:

    • Viacom18 has acquired the exclusive digital streaming rights of the Indian Premier League for the Indian sub-continent for the next five seasons (2023-2027) for Rs 23,757.5 crore. It also won the rights for three out of five international territories, which include major cricketing nations like South Africa, Australia, and the UK, for Rs 594.5 crore.
    • IPL is the highest-reaching sports property in the country and will provide a strong entry point for consumers to come to Viacom18’s digital platform. It will play a pivotal role in helping establish it as India’s leading digital media, entertainment, and sports destination.
    • With rights to a slew of diverse sports properties like football (FIFA World Cup, La Liga, Serie A, and Ligue1), basketball (NBA), badminton, and tennis already acquired, Viacom18 is building one of the largest sporting destinations in the country, offering a compelling proposition for both core and casual sports fans.
    • Viacom18, while continuing to strengthen its broadcasting vertical, is building a digital platform of the future to provide best-in-class products and user experience to the fast-growing Indian digital audience. The platform will utilise a combination of exciting sports action and captivating entertainment content across Hindi and regional languages to build a winning consumer value offering.

      Network18 chairman Adil Zainulbhai said, “First quarter of FY23 has set the tone for the journey that we have undertaken towards making Network18 as India’s leading destination for  content. The big development for us this quarter was the acquisition of exclusive digital rights of  IPL. With strong tailwinds favouring digital consumption, it gives us a perfect opportunity to scale-up  our OTT offering. Coupled with the partnership with Bodhi Tree and Reliance, it will enable our  entertainment business to grow to a multiple of what it is today. We are also working towards  creating a 360 degree news offering with depth and breadth, which not only gives the user seamless experience across platforms, but also optimises for relevance. We are laying down strong foundations on which our businesses can continue to grow for the foreseeable future.”
       

    Source: BARC, All India, News genre, TG:15+, Wk 23’22 to 26’22

    Source: BARC, All India, Non-news genre, TG: 2+, Wk 14’22 to 26’22

    Source: BARC, All India, TG: 2+, Wk 23’22 to 26’22

  • MTV celebrates the Asli Roadie spirit of Mumbai Police, distributes raincoats

    MTV celebrates the Asli Roadie spirit of Mumbai Police, distributes raincoats

    Mumbai: Viacom18’s youth, music, and English entertainment (YME) cluster MTV has donated 1,000 raincoats to the Mumbai Police on the anvil of monsoons.  

    The initiative recognises the spirit of ‘Asli Roadie’, personified by the Mumbai Police while keeping the city of dreams unencumbered by challenges, including those of the rainy season.  

    The high-quality protective raincoats provided by MTV and created by Yashlok Welfare Foundation, are created by marginalised sections of society such as the unemployed youth, women, rural population, and differently-abled individuals.

    As MTV Roadies journey in South Africa, India’s biggest genre-defining adventure reality show nears its grand conclusion, the brand celebrated the quintessential Roadie code of indomitable resolve, pluck and fellowship demonstrated by the Mumbai Police in safeguarding its citizens.

    Viacom18 youth, music, and English entertainment head Anshul Ailawadi said, “An ‘Asli Roadie’ is not just defined by adventure, but also a spirit of compassion and camaraderie to take everyone along on the journey. This is embodied by Mumbai Police every day. As they brave the monsoons yet again, this is our token of gratitude for their ceaseless commitment towards keeping the city safe.”

    Speaking about the initiative, superstar, philanthropist and the host of MTV Roadies – Journey in South Africa Sonu Sood said, “I have the utmost respect for our Mumbai Police and thank them for their extraordinary hard work, which makes our ordinary lives safe. This contribution of a thousand raincoats from MTV Roadies is our way of saluting them and further equipping them for their duties.”   

    The latest power-packed season of the show, Infinix Smartphones MTV Roadies journey in South Africa, co-powered by CoinSwitch, Paree Sanitary Pads, Leverage Edu, and Lakmé Sun Expert is all set to pit the best of the best in its thrilling grand finale on 10 July at 7 p.m.

  • TCH 2022: The art of telling authentic brand stories using content

    TCH 2022: The art of telling authentic brand stories using content

    Mumbai: There’s a lot of content available to consumers that is vying for their attention. Brands are finding it difficult to leave a deeper mark on the consumers’ minds with plain vanilla advertising. The mode of brand storytelling has evolved from 30 seconders and one-minute advertisements to creating owned media platforms and content to form an association with the consumer which lasts.

    Brands cannot jump blindly into the content-making exercise. First, one has to identify the brand purpose and where the brand is standing with its content. Content is a powerful way to increase the mind share of the brand but if executed poorly it can also go wrong.

    At the sixth edition of Viacom18 presents Indiantelevision.com’s The Content Hub Summit 2022 held on Wednesday leading marketers spoke about the role of content in their brand strategy. The session was joined by Dentu international The Story Lab country head Deepak, Godrej Industries and Associate Companies AVP corporate brand and communications Michelle Francis, GroupM India head – branded content and Wavemaker India chief content officer Karthik Nagarajan, Tata Consumer Products head shoppers and customer marketing Sagar Boke, PhonePe director and head of brand marketing Ramesh Srinivasan and OPPO India chief marketing officer Damyant Singh Khanoria. The session was moderated by Viacom18 head branded content Vivek Mohan Sharma.  

    The industry event is co-powered by Applause Entertainment and IN10 Media Network. Aaj Tak Connected Stream is the association partner. Industry partners are Fremantle India, Hill+Knowlton Strategies, One Take Media, Pratilipi, Pocket FM and The Viral Fever. The Indian Motion Pictures Producers’ Association (IMPPA) is our community partner.  

    “We have a smartphone launch every second week. When you need to make the consumer realise the unique features of each product there’s a lot of content creation that needs to happen,” remarked OPPO’s Damyant Singh Khanoria. “We solved this problem by enabling creation in the larger community of creators and influencers.”

    Another aspect that OPPO realised was to stop looking at its brand ambassadors as celebrities who are endorsing a product but rather as actors to leverage in a storytelling narrative.

    “I think it is important to have a healthy appetite for risk as a brand. We started commissioning projects that break the artificial boundaries of how we advertise,” said Khanoria.

    OPPO had partnered with the infotainment channel National Geographic to create a series called OPPO Superfactories that turned out to be an excellent piece of branded content, he added. “We want content to be natural and authentic to our brand. An ad is no longer about showing a consumer visiting a store, asking about a product in a three-minute film.”

    When Godrej wanted to change its perception to be associated with lifestyle, the challenge, observed Godrej’s Michelle Francis, was that it was perceived as a legacy brand that had been around for many decades. “We thought that we needed to build a community that would advocate for the lifestyle brands of the Godrej group. That’s how we came up with Godrej L’affaire.”

    The platform launched a nine-episode web series with actor and comedian Jamie Lever with a seamless integration of Godrej brands. “The content was so authentic that it did not look at branded content in terms of integration,” said Francis.

    Whether a brand decides to create its own content is not an either, or question, explained Tata Consumer Products Sagar Boke. He believes it depends on the object and life cycle of the brand. There are advantages to branded content which takes a bit more time to build but connects deeply with the audience. “If you want to build a community around your brand, there’s nothing better than building your own content,” he said. “If you use someone else’s content or a celebrity, it is not going to work.”

    Boke further said that if data is part of a brand strategy, then building your own platforms makes a lot of sense to gather first party data on your consumer.  This helps the brand create more targeted and sharper advertising communication.  

    PhonePe’s Ramesh Srinivasan concurred with Boke stating “As a brand we’re trying to cater to India at large. That means we need to be placed where India is in terms of culture. Branded content captures the consumers’ mind space when they want to consume communication. It creates the right context which is key.”

  • Pushpendra Singh joins Viacom18 Sports as chief product officer

    Pushpendra Singh joins Viacom18 Sports as chief product officer

    Mumbai: Viacom18 Sports has appointed Pushpendra Singh as its chief product officer. He took to LinkedIn to share this development.

    Prior to his new role, he founded the short video production, and creator economy startup – Fandawn.

    “Super stoked to announce my new stint as chief product officer at Viacom18 Sports. With IPL digital media rights in its kitty, Viacom18 is here to build an awesome sports video streaming experience. Excited for all that is ahead, the impact we will make, and disruption we will create in our business. Thank you Viacom18 team,” reads his LinkedIn post.

    Singh has expertise in product management and growth, content strategy, and mobile and internet platforms. Over the years, he has worked with companies like MX Player, MX TakaTak, Gaana, Amazon, Snapdeal, Genpact Headstrong, and Sapient.

  • The Content Hub 2022 Summit to be held on 29-30 June

    The Content Hub 2022 Summit to be held on 29-30 June

    Mumbai: Lights, camera and action! The scene is ready and the camera will soon be rolling on the sixth edition of Viacom18 presents Indiantelevision.com’s The Content Hub to be held on 29th and 30th June at JW Marriott Juhu, Mumbai.

    The two-day summit will bring together the leading content creators traversing the spaces of film, television and over-the-top (OTT) entertainment. The event is co-powered by Applause Entertainment and IN10 Media Network. Aaj Tak Connected Stream is the associate partner. The event is supported by industry partners Fremantle, Hill+Knowlton Strategies, One Take Media, Pratilipi, Pocket FM and The Viral Fever. The Indian Motion Pictures Producers’ Association (IMPPA) has come on board as a community partner. 

    This year, the event is centred around the theme – ‘The Roaring 20s – A Decade of Plenty?’ – signifying the opportunities for creators who are challenging the established content traditions and breaking free with refreshing narratives, content forms and the ability to tell stories on multiple platforms.

    The freedom enjoyed by creators today is encapsulated by the spirit of the 1920s which was marked by a general feeling of prosperity, novelty and associated with breaking away from tradition post the culmination of the First World War. A hundred years since the world is undergoing a transformation courtesy of the pandemic, streaming services, new content forms and formats have transformed entertainment consumption and the way content is produced.

    When it comes to content, consumers are enjoying a decade of plenty with the convergence of TV, film, video-on-demand, short-form, audio, video games and metaverse formats and transmitted over digital media.  Will the next decade see a further revolution and exploitation of the opportunities similar to the 1920s? That’s the question folks!

    Hear from India’s content czars and czarinas at The Content Hub outlining their plans for shaping the content landscape for the current decade. The head honchos from leading studios such as International Art Machine, Famous Studios, Applause Entertainment, Juggernaut Productions, StudioNext (Sony Pictures Networks), Endemol Shine India, Roy Kapur Films; OTT platforms including Zee5, Aha, Epic-On and renowned creators such as Alankrita Shrivastava (Bombay Begums), Jeo Baby (The Great Indian Kitchen), Aniruddha Guha (Rashmi Rocket), producer Sunir Kheterpal and more.

    India is at an interesting and exciting point in the content space where the next Emmy or Oscar will be awarded to the creator of an Indian film or series. Will Indian content follow the trajectory of the Korean Wave? And how? Will the 2020s prove to be India’s roaring twenties?

  • ‘Our mission is to take the experience of IPL to cricket fans in every part of our country’: Nita Ambani

    ‘Our mission is to take the experience of IPL to cricket fans in every part of our country’: Nita Ambani

    Mumbai: Viacom18 plans to take India’s biggest sporting event the Indian Premier League (IPL) to every nook and corner of the country. It aims to make IPL available everywhere in India including the 60 million users that reside on free direct-to-home platform DD Free Dish.

    “Sports entertain us, inspire us and bring us together. Cricket and IPL personify the best of sport and the best of India, which is why we are proud to be deepening our association with this great game and this wonderful league. Just like with everything we do, our mission is to take the joyful experience of IPL to cricket fans wherever they are – in every part of our country and around the world,” said Reliance Industries director Nita Ambani.

    Viacom18 has acquired the rights to digitally stream Indian Premier League matches in the Indian sub-continent for the seasons from 2023 to 2027. It has also won the India digital rights for a special package of 18 games in every season. Globally, Viacom18 has won television as well as digital rights in three out of five international territories, including major cricketing nations.

     With its wide reach, strategic tie-ups and increasingly popular content bouquet, the digital platforms of Viacom18 are gearing up for leadership in India as well as with the Indian diaspora globally.

    In a statement, the company said it has state-of-the-art digital expertise to provide best possible user experience to hundreds of millions of Indians and global consumers.

    Its digital platforms will utilise a combination of top-class content as well as digital prowess through big data analytics and predictive algorithms to offer contextualised and relevant content to each consumer.

    This is the first major foray of the broadcaster into cricket. It holds the broadcast rights to FIFA World Cup Qatar, La Liga, Serie A and Ligue 1. It also offers badminton, tennis and basketball (NBA) via it’s channels. The addition of IPL makes Viacom18 a formidable sports broadcaster in the country.

    “This will be an exceptional opportunity for advertisers to reach a larger, younger,  relevant and highly-engaged audience. The targeting opportunities because of Viacom18’s strategic partnership with Jio will be unparalleled,” said the statement.

  • Viacom18, Jio to offer unmatched reach & ad opportunities for IPL: Anil Jayaraj

    Viacom18, Jio to offer unmatched reach & ad opportunities for IPL: Anil Jayaraj

    Mumbai: Viacom18’s strategic partnership with Jio will offer unmatched targeting and personalisation opportunities for the Indian Premier League (IPL). In a letter addressed to staff, Viacom18 CEO sports Anil Jayaraj said, “We will be able to offer a compelling proposition to advertisers with better reach and targeting than any other rival & legacy platforms in the country.”  

    Recently, Viacom18 bagged the exclusive rights to digitally stream the Indian Premier League (IPL) matches in the Indian sub-continent for the 2023-2027 seasons. This also includes the special digital package of 18 games. The value of the combined digital rights stood at Rs 23,758 crore, more than the TV broadcast rights at Rs 23,575 crore.

    Viacom18 has also won the television as well as digital rights to three of the five international territories including Asia, Canada, Australia, the Caribbean Islands, Israel, New Zealand, South Africa and Sub-Saharan Africa, and the UK and Europe.

    “The focus on bidding for digital rights comprehensively comes from the core belief that our company is committed to building world-class digital platforms of the future,” said Jayaraj.

    He further added, “Our partnership with Jio gives us unparalleled access and reach to each and every Indian. Not only will we be able to build the most successful streaming company in the country, we will also, along with our other businesses, build India’s most profitable digital media and entertainment brand.”

    In just ten months, Viacom18 sports has built a formidable line-up of sports programming. It has acquired the rights to FIFA World Cup, La Liga, Serie A and Ligue 1 in the Indian subcontinent. It will offer badminton, tennis and NBA on its channels. With its acquisition of IPL digital rights, it will be able to offer the most high-profile cricket league to audiences globally.

    “Viacom18 will take India’s biggest sporting event IPL to every nook and corner of the country and make it available to every Indian consumer, something that even television has failed to do,” asserts Jayaraj.

    Viacom18 currently operates the channels Sports18 SD and HD and Sports18 Khel that is available on Free DTH platform DD Free Dish. Its sports content is also available on its streaming service Voot and Voot Select. Paramount Global’s streaming service Paramount+ is expected to launch in India in 2023 in partnership with Viacom18, in which Paramount Global is a stakeholder.

    Bodhi Tree Media, backed by James Murdoch and ex-Star Uday Shankar, are investors in Viacom18.

  • IPL e-auction: Viacom18, Disney Star & Times Internet win media rights for 2023-27

    IPL e-auction: Viacom18, Disney Star & Times Internet win media rights for 2023-27

    Mumbai: The 2022 Indian Premier League (IPL) media rights auction has concluded. The Board of Control for Cricket in India (BCCI) has sold the rights at a combined value of Rs 48,390 crore. Disney Star has won the TV broadcast rights, Viacom18 has laid claim to the digital rights, including exclusive and non-exclusive games, and Times Internet has won the bid for international media rights.

    “IPL is now the second most valued sporting league in the world in terms of per match value!” said BCCI secretary Jay Shah on Tuesday.

    “The BCCI will utilize the revenue generated from IPL to strengthen our domestic cricket structure starting from grassroots, to boost infrastructure and spruce up facilities across India & enrich the overall cricket-watching experience.”

    He further said, “Now, it’s time for our state associations, IPL franchises to work together with the IPL to enhance the fan experience and ensure that our biggest stakeholder – the cricket fan – is well looked after and enjoys high quality cricket in world-class facilities.”

    The bidding for Package C and Package D concluded on Tuesday. Viacom18 and Times Internet shared Package D that included international media rights. Viacom18 won the rights to Australia, South Africa and the United Kingdom while Times Internet won the rights to the rest of the world that included the Middle East and Africa (MENA) & US. Package D was sold for Rs 1,058 crore for five years or Rs 2.58 crore per match for 410 matches.

    Package A for TV broadcast rights was won by Disney Star at the value of Rs 23,575 crore for five years or Rs 57.50 crore per match for 410 matches. Package B for digital broadcast rights for exclusive matches was sold to Viacom18 at Rs 20,500 crore for five years or Rs 50 crore per match for 410 matches. Viacom18 also won the bid for Package C that included non-exclusive digital matches at a value of Rs 3257.52 crore for five years or Rs 33.24 crore per match for 98 games.

    Sony Pictures Networks India MD and CEO NP Singh said, “I want to begin by congratulating and thanking BCCI for an extremely well-managed and transparent bidding process. Next, I want to congratulate the winners of the four IPL media rights packages. The IPL began with SPN and has since developed into one of the world’s most popular sporting leagues in its 15-year history. We’ve seen the league grow and would have liked to see it on the Sony Network again. In this regard, we made a reasonable bid, considering all the expected returns. We had to factor in the market’s anticipated expansion and potential economic and other concerns over the next five years. Fiscal prudence, in my opinion, is critical for strategic management.”

    The highly anticipated auction was first announced on 29 March by the Board of Control for Cricket in India (BCCI). The contenders for broadcast rights included Disney Star, Sony Pictures Networks India and Viacom18. The bidders for digital rights include Zee Entertainment Enterprises, Disney+ Hotstar and Reliance Jio. Mjunction conducted the auction.

    The IPL is the second most valuable sports property after the National Football League (NFL) in terms of broadcast price per match. The value of the media rights per match has reached almost Rs 114 crore leaving the Premier League behind which is valued at around Rs 81 crore per match. The action continues on Wednesday.