Tag: Zee5

  • English biz news genre exhibits drop in TV viewership, growth on digital platforms

    English biz news genre exhibits drop in TV viewership, growth on digital platforms

    MUMBAI: Despite all the hullabaloo about digital cannibalising TV, the rapid rise of digital platforms hasn’t had a negative impact on traditional news viewing for now. In fact, the two consumption modes have complemented each other, enhancing the reach of content and news pieces to an ever wider audience. This trend, however, does not seem to hold true for English business news. While the viewership of the genre is increasing on digital, that on TV seems to have taken a hit in the recent past.

    Comparing viewership data for the top three channels in the past one year, it is not difficult to spot this difference. The leader in the genre, CNBC TV18, had 654 impressions ‘000 in week 4 in 2018 compared to 339 impressions ‘000 for the corresponding period in 2019. ET Now saw a dip from 608 impressions ‘000 to 155 impressions ‘000 in January 2019. BTVI too wasn't exempt from this trend, showcasing a viewership drop from 110 impressions ‘000 to 52 impressions ‘000. 

    According to BARC data, the core audience for the English business news channel is All India (U+R): NCCS AB: Males 22+ Individuals. CNBC TV18 has witnessed a drop of 39 per cent viewership among its core audience within a time frame of 15 weeks, starting week 40 2018 to week 2 2019. CNBC TV18 accounts for 65 per cent of the genre viewership. If we consider CNBC TV18 Prime HD, the viewership share goes up to 70 per cent.

    On the other hand, CNBC TV18 seems to be gaining quite a bit of traction on YouTube. The channel's total subscribers on YouTube are 285,867; it gained around 18,000 subscribers and was watched for 14.7 million minutes in December 2018.

    Commenting on the growth of business news on digital media, PwC MD risk assurance- media and entertainment Anand Punmiya said, “If we analyse TV English business news viewership data for past one year it appears that spike and downtrend are clearly event driven. However, on an average the TV viewership impressions were in the range of 500-600 and there was a marginal fall when news became available on digital platforms. It may not be apt to state that viewers have moved from TV to digital platform with respect to English business news, both platforms continue to have their own significance and convenience of use.”

    Urban India is ahead when it comes to consuming news on digital mediums but it is mainly headlines. However, for analysis, views or opinions, the preferred option is always a news channel or newspaper. Advertising on digital medium is growing rapidly, though not at the expense of TV revenues.

    BTVI claims to have doubled its viewership market share from 10 per cent in December 2018 to 19 per cent in January 2019.

    BTVI COO Megha Tata said, “In my opinion, core TG of the genre (22+ Males) is out of home (at their place of work) during the prime time of the genre (8 am to 4 pm). Hence, measuring at home does not give a true picture of genre viewership. Having said that, English business news is a very unstable genre and according to current measurement methods, genre viewership has seen a decline of 18 per cent in CY 2018 as compared to CY 2017. However, BTVI has grown by 19 per cent in the same time period.”

    BTVI has built a strong digital ecosystem, its content is available on OTT platforms such as Hotstar, JioTV, YouTube, Sony LIV, ZEE5, and YUPP TV. The channel is available on these platforms both as LIVE stream and VOD. 

    “Going by our experience, we have seen a huge uptake of business news content on OTT platforms as well as trading apps mentioned above. Clearly, there is a huge market for business content on digital ecosystem. However, we have grown our viewership on linear TV platform as well. Hence, it would be more accurate to say that viewers are getting added as genre consumers on digital platforms and not shifting from TV to digital,” Tata added. 

    Besides such OTT platforms, large proportion of business news genre viewers actively deal in stock market over various trading platforms. Such trading platforms have relevant set of viewers ready to consume business content on these platforms. Knowing this, BTVI became the only English business news channel to be present on trading apps such as Axis Direct, Kotak Securities, IIFL markets, HDFC Securities and Geojit. 

    With the general elections just around the corner, it remains to be seen what English business news channels have on offer to woo the audiences. With a tantalising political contest on offer, business news channels would like to seize upon the chance to regain some of the lost momentum with clever and engaging programming.

  • ZEE5 unveils Tamil subscription packs for Malaysia and Singapore

    ZEE5 unveils Tamil subscription packs for Malaysia and Singapore

    MUMBAI: Underscoring its strong language content offering for audiences in Malaysia and Singapore, global digital entertainment platform ZEE5 today announced the launch of special Tamil subscription packs for these markets.  This will enable users in these markets to access premium Tamil content at extremely competitive prices. The ZEE5 Tamil premium packs are priced at 9.9 MYR per month in Malaysia and 6.98 SGD per month in Singapore.

    Subscribers will be able to access popular shows from ZEE Tamil like Sembaruthi, Yaaradi Nee Mohini, Poove Poochoodava etc. as well as ZEE5 Originals like Sigai, Kallachirupu and America Mapillai. Also available is the upcoming Tamil original movie – D7, along with other language content dubbed in Tamil, including ZEE5’s recently launched Original, Rangbaaz. 

    Archana Anand, Chief Business Officer, ZEE5 Global said, “At ZEE5 we’re not just focused on offering our users the largest range of language content, but also on making it extremely easy for them to access that content through customized offerings for different markets. The introduction of the Tamil pack in Malaysia and Singapore enables viewers in these markets to access a huge bouquet of premium Tamil content, ranging from their favourite TV shows to a constantly expanding library of Originals and movies including World Digital Premieres. We’re looking forward to delighting audiences in these markets with the rollout of these new packs”

    ZEE5 offers 1,00,000 hours of Indian Movies, TV Shows, Cine plays, Music, Videos and a slew of exclusive Originals, across 12 languages – English, Tamil, Hindi, Malayalam, Telugu, Kannada, Marathi, Bengali, Oriya, Bhojpuri, Gujarati and Punjabi. It also offers 60+ popular Live TV channels.

    The App can be downloaded from Google Play Store as well as the iOS App Store and can be accessed by visiting www.ZEE5.com. The app is also available on Samsung Smart TV, Apple TV Android TV and Amazon Fire TV.

  • ZEE5 now streaming on all Samsung Smart TVs

    ZEE5 now streaming on all Samsung Smart TVs

    MUMBAI: ZEE5, the fastest growing OTT app in the country, announced its partnership with Samsung, the largest selling and most trusted consumer electronics brand. With this partnership, ZEE5 will be available for viewing on all Samsung Smart TVs.

    As per the association with Samsung, ZEE5 will be featured in the recommended section to enable easy access for users. This partnership will enable Samsung Smart TV users to access ZEE5 content library depending upon their subscription status.

    “Smart TVs are the future of television viewing and as an evolving platform, we consistently strive to keep up with the viewers changing preferences. We believe that owners of Samsung Smart TVs have a keen eye for quality and are willing to invest for a good viewing experience. The technology of Samsung coupled with the content repertoire of ZEE5 will ensure an incredible viewing experience for our subscribers,” said Manish Aggarwal, Business Head, ZEE5 India.

    “Consumer-centric approach and meaningful innovation has always been the driving factor for everything we do at Samsung. We are happy to have ZEE5 on our Smart TVs and this partnership is a yet another step towards our ‘Make for India’ commitment,” said Mr. Rajeev Bhutani, Senior Vice President, Consumer Electronics Business, Samsung India.

    With over 3500 films, 500+ TV shows, 4000+ music videos, 35+ theatre plays and 90+ LIVE TV Channels across 12 languages, ZEE5 truly presents a blend of unrivalled content offering for its viewers across the nation. With ZEE5, the global content of Zindagi as a brand, which was widely appreciated across the country, has also been brought back for its loyal viewers.

  • Why the OTT market needs a new content ecosystem

    Why the OTT market needs a new content ecosystem

    While it’s a given that video consumption is going through the roof, many of the OTT platforms are still tweaking their content strategy in order to get their act right. The primary target audience now being in the 18-30 age group, concepts that use to work for general entertainment TV channels have become passé.

    A system which is over dependent on the ‘so called’ commercially successful directors who might have churned out crass blockbusters or scriptwriters who have penned some of the most regressive television serials, might give you some marketing brownie points, but they may not survive in the long run. It’s time to build a content ecosystem that will support new talents and produce compelling content. The race is on to experiment with formats and scripts that will grab the millennial’s attention. 

    This is one of the reasons why I would like to position my company ‘Studio Mojo’, not just as another production house, but as a content network whose primary objective is to discover and work with new talents—and they are in abundance.

    You can take a leaf out of the Malayalam movie industry, which undoubtedly produces some of the best movies in the country. Many of the critically acclaimed movies made in the past few years can be credited to a few debutant directors and scriptwriters. The movies in question—Ee Ma Yau, Angamaly Diaries, Maheshinte Prathikaram, and Thondimuthalum Driksakshiyum created by directors like Lijo Pellissery and Dileesh Pothan. On a similar tangent, take the case of Sandeep Reddy Vanga, who made his directorial debut with the critically acclaimed Telugu blockbuster Arjun Reddy.  And in Tamil, we have debutant director Prem Kumar’s 96, which was a runaway hit.

    While Sacred Games stole a lot of limelight last year, Little Things penned by a young and talented team created waves on YouTube and made a huge fan following.

    It is quite evident that when it comes to creating great programmes, script is the king. Our effort is to consistently discover new regional digital stars. Every single day, Studio Mojo's creative team works with upcoming talent, screening scores of new scripts, meeting aspiring scriptwriters and directors to produce the next big thing in the regional space.

    We started off with Rinosh George who became an overnight digital sensation with his I'm a Mallu song (which later became the ‘Mallu Anthem’). Today he is a budding actor, whose debut Malayalam movie recently hit the screens. For our first web series Utsaha Ithihasam we teamed up with a young director Krishand and the series went on to receive a lot of acclaim at the Seoul WebFest. Our next project will be directed by Praveen Nair (who was Goutham Menon's chief assistant) for the Zee5 channel and is claimed to be one of the biggest web series coming out in Malayalam. 

    But the digital space is not just centred around new talent. Since going back to television feels like a retrograde step for many directors and scriptwriters, digital is something they are excited about—they can talk to a younger audience and select subjects which may not have had too many takers in the mainstream cinema. While we continue with our efforts to spot new talent, we are equally excited about working with established names. We have already kick-started a project in Malayalam, where we are bringing together 10 established directors to work out a ‘Love Anthology’ series. Many of them are also keen to play a mentor role to the first time directors of a few of our other projects.

    We are also onboarding technicians and production executives from the regional movie industries who have been struggling to find regular work. They could become a critical cog in the ecosystem we are trying to build. 

    So, yes, the future looks exciting. We hope to play a not so insignificant role in creating a new order, where a bunch of new talents will rub shoulders with the established ones. We owe it to our audience to unearth the Lijos’ and Sandeep Reddys’ of the digital world.

    (The author is CEO and founder, Studio Mojo. The views expressed here are his own and Indiantelevision.com may not subscribe to them)  

  • ZEE5 SIGNS KUNAL KEMMU FOR UPCOMING ORIGINAL ‘ABHAY’

    ZEE5 SIGNS KUNAL KEMMU FOR UPCOMING ORIGINAL ‘ABHAY’

    Mumbai: ZEE5 is known to create and present great content across genres and with the launch of Abhay, it announces one of the first procedural format crime thrillers; a genre not explored in the OTT space yet. Produced by B.P. Singh’s (popularly known for the famous crime TV series CID) Fiction Factory Productions, the series marks the digital debut of popular actor Kunal Kemmu who essays the role of SP Abhay Pratap Singh. The eight-episode crime thriller premieres 7th February, with two episodes unfolding each month, disrupting the traditional binge viewing habit of content on OTT platforms.

    Based on real crime stories, Abhay is a crime thriller that follows the inverted detective format of storytelling. In his digital debut, Kunal Khemu plays an investigative officer who solves bone chilling murder cases while dealing with his own personal demons.

    Speaking on his digital debut, Kunal Kemmu said, “It’s exciting to explore new formats and push your boundaries as an actor, and Abhay had it all. I am an avid consumer of long format web series like everyone else, and hence I know that a series such as Abhay has all the ingredients that the OTT viewer is looking for. Very excited to partner with ZEE5, given the content that they have produced and are planning to do in the coming months and I look forward to reach out to the audience with this action-packed concept.”

    With over 3500 films, 500+ TV shows, 4000+ music videos, 35+ theatre plays and 90+ LIVE TV Channels across 12 languages, ZEE5 truly presents a blend of unrivalled content offering for its viewers across the nation and worldwide. With ZEE5, the global content of Zindagi as a brand, which was widely appreciated across the country, has also been brought back for its loyal viewers.

    Availability: The ZEE5 App can be downloaded from Google Play Store http://bit.ly/zee5 and iOS App Store http://bit.ly/zee5ios. Also available at www.zee5.com, as a Progressive Web App (PWA), and on Apple TV and Amazon Fire TV Stick. ZEE5 also supports Chromecast.

    Pricing: Freemium pricing model with both free and paid premium content (including Originals) to cater to a mix of audiences. Viewers who subscribe to the ZEE5 subscription pack will get access to the entire library of content using the limited period special subscription offer – 99/- for 2 months and 499/- for a year. Offer valid till 31st October.

  • Punit Goenka on ZEE5’s content play, TRAI tariff order and ZEEL’s search for a strategic partner

    Punit Goenka on ZEE5’s content play, TRAI tariff order and ZEEL’s search for a strategic partner

    MUMBAI: The Subhash Chandra-owned media conglomerate Zee Entertainment Enterprises Limited (ZEEL) reported robust growth in the third quarter of FY 19, beating analysts’ expectations. Apart from the stellar growth in both domestic and international advertising revenue, ZEEL’s over-the-top (OTT) platform ZEE5 maintained its forward march posting healthy monthly active subscriber numbers. Buoyed by the response to the streamer, ZEEL now intends to increase its investment in ZEE5.

    The company’s growth was up 21.7 per cent and 23.3 per cent y-o-y in  terms of advertisement and subscription revenues respectively. The reported ad revenue for Q3 2019 stood at Rs 1,462.57 crore as compared to Rs 1,202.02 crore in Q2 2018. Subscription revenue for the period under review was Rs 618.48 crore as compared to Rs 501.69 crore in the corresponding year ago quarter.

    Satisfied with his organisation’s performance, ZEEL MD and CEO Punit Goenka, during an earnings call, covered a wide range of subjects including the content strategy for ZEE5, the much-debated TRAI tariff order, and the broadcaster’s foray into regional language markets.

    Ambitious plans for ZEE5

    Within one year of its launch, ZEE5 has quickly climbed up the ladder, competing with the best in the business. Outlining the content strategy for the OTT, Goenka said ZEE5 would target 72 shows for the upcoming fiscal year. The plan is to release six web-series each month in the six languages. The platform will be focusing on more tentpole shows rather than releasing one every quarter. Besides original content, ZEE5 will ramp up content sourcing from Hollywood and other segments of the international market.

    Goenka stated that the company made course corrections based on learnings from consumptions trends by dropping some shows that were under process. Having set out to produce 90 shows combining multiple formats by March 2019 (and delivering 31 until 31 December), ZEE5 has now repositioned its content play.

    In the second quarter, ZEE5 struck deals with telcos, the most notable being an exclusive three-year tie-up with the Gopal Vittal-led Airtel. According to Goenka, the platform has already begun booking revenues through these deals. It must be noted that ZEE5 contributed to the 21 per cent domestic advertising revenue growth.

    While ZEE5 works on a freemium model, its subscription service was launched back in July. When asked about the pricing strategy, Goenka argued that it is too early to evaluate.

    “I think it is too early for me to start questioning whether it is the right price point or not. The feedback from consumers helped us in launching this regional pack strategy and that also is aiding the growth of subscription take-up in the market. So we will track it for another two quarters before coming to that discussion, internally also,” he remarked.

     While subscription revenue has started trickling in, Goenka believes substantial traction needs to be delivered on that front over the next few years.

    “I think there is a long way to go for us to drive that to a significant number for the company over the next three to five years that I have guided for. But having said that, we will be investing back all of the revenues as well as more cash flows behind the ZEE5 content and marketing,” he added.

    The media conglomerate has big plans for ZEE5 globally as well. After a soft international launch, the OTT’s first commercial foray will take place within the fourth quarter in the Asia Pacific region. Post that, the streaming service will enter other markets, except the US, in Q1 of FY 20.

    According to Goenka, a combination of subscription and advertising revenue will lead to profitability of OTT platforms. With digital not matching the reach of television anytime soon, it isn’t possible to build an OTT on the back of advertising revenue, he opined.

    Optimistic about new regulatory framework

    In stark contrast to the approach of several broadcasters, who expressed reservations about the Telecom Regulatory Authority of India’s (TRAI) new tariff order, ZEEL has been an early backer of the regulator and its new framework. Commenting on ZEEL’s readiness to adapt to the new norms, Goenka said the broadcaster is closely working with all the distribution platform operators (DPOs). He agreed with the industry experts’ view about there being some hiccups for the next three to six months due to the radical change. However, he was quick to point out that cable and DTH operators have accelerated their efforts to put together channels bouquets and packs.

    When several stakeholders losing sleep over how the migration to a new framework will play out, Goenka is of the view that the real picture will only emerge on 31 January midnight or 1 February morning. He recalled how consumers had swung into action only after the blackout of channels during the DAS implementation. There could be a repeat in that pattern of consumer behaviour, he said.

    “I do expect that large conversion to happen only post switch-off, and that's in-line with our DAS strategy also that we had gone with,” Goenka highlighted.

    The veteran executive, however, is optimistic about ARPU growth due to the new regime.

    ZEEL’s potential strategic partner

    In November 2018, the promoter group of ZEEL announced the decision to sell or divest up to 50 per cent of its equity stake in the company to a strategic partner, aiming for a stronger global media-tech play. According to Goenka, the negotiations for the deal are being conducted with a few players and not a large set. In line with the earlier announcement, Goenka is confident that a concrete arrangement would be arrived at by March- April.

    “We do have significant production capabilities within the ecosystem. And while we do leverage it on our own platform, but it will be available, even for the strategic partner if they wanted us to create content for them, which necessarily does not go on our platform, it goes on their platform. We will be happy to do it for them,” he pointed out.

  • ZEE5 announces original film veergati  this repulic day

    ZEE5 announces original film veergati this repulic day

    MUMBAI: ZEE5 has been a forerunner in presenting unique content that challenges one’s beliefs and thoughts. In the past few months, the fastest growing OTT platform has successfully launched interesting Original concepts backed by innovative formats such as Khaar, Lal Bahadur Shastri's Death – An Unfinished Story, Sigai (Tamil), Khoj, Mehram and so on. ZEE5 has now announced the launch of its fourth original film Veergati, inspired by real events, releasing on Republic Day. Produced by Roshan Kanal’s Daytee Pictures, Veergati presents the poignant tale of a martyr’s tragic fate forcing viewers to question the core fundamentals of patriotism and one’s duty towards the country.

  • Inside ZEEL’s ambitious new bet on Zee Studios Originals

    Inside ZEEL’s ambitious new bet on Zee Studios Originals

    MUMBAI: 20 years of traversing across television networks and production houses, Ashima Avasthi now finds herself saddled in the hot seat at Zee Studios as head of its digital content arm. She's been quick off the blocks, equipping herself to be battle-ready within two months of her arrival at the company's office in Andheri, Mumbai's entertainment hub. In her last gig, Avasthi crafted award-winning content for BBC Studios as its senior creative director and head of branded content.

    “This was actually the perfect time to move into digital. The year will mark the start of the transformation for OTT and digital content,” she says rationalising the reason behind the switch. 

    In 2018, two words 'digital' and 'content' reverberated more powerfully than ever before. In all likelihood, we'd probably be saying the same in 2028 as well. Avasthi likens the current content creation craze to running a marathon. 

    "There's an excitement when you see loads of other people running. Everybody wants to reach the finish line. So, everyone is driving and inspiring the other one. It's the same for this market," she points out.

    With ZEEL now ready to produce content in a new avatar, Indiantelevision.com caught up with Avasthi in the first instalment of The Content Hub 2019 for an insight into how she intends to drive the media conglomerate’s ambitious plans.

    As head of Zee Studio Originals, what’s your mandate?

    We would work like a studio that produces content, which gets commissioned by various platforms and not just ZEE5. We’ll be working with everybody. We'll also be investing a lot in IPs and make the content we believe in. It’s going to be a two-pronged approach. IP is going to be a huge thing for us.

    All the platforms, international or domestic, are seeing the real potential of this market and have committed so much of investment. They are all spending Rs 500-600 crore a year. That’s a huge, huge amount for originals. For content makers and content producers it’s the best time.

    How is your content creation philosophy different from that of ZEE5 Originals?

    ZEE5 will be basing everything, I’m assuming, on what their audience wants. We are not going to be creating anything for a particular audience. We are going to see the digital audience in a larger perspective. We are going to keep creating content by anticipating who the audience is going to be in the next few months.

    OTTs are going to have a much higher subscription in tier 2 and 3 cities. It’s no more just a tier 1 town syndrome.  If you see, the demographics of the audience is changing. So, we are going to cater to the world at a large as opposed to a particular audience. Each platform is probably going to have its own strategy on what they want to produce. So, we’ll be creating content that suffices the need of a consumer wherever he or she’s watching.

    Shouldn’t OTTs adopt a content creation mindset similar to yours instead of focusing on a particular audience?

    With digital, content makers are not within the shackles of audience and ratings. So, you go and make content that’s going to be a benchmark, break clutter, cut across various people, and travel outside India. Sacred Games is actually something that was viewed more outside of India. You make content that is going to be considered world class by any consumer sitting across the world. While OTTs too shouldn’t restrict their offerings to a particular audience, there is bound to filtering and a direction taking that will happen. Everyone’s experimenting.

    At some point, every platform will figure out who they want to narrow it for. There are platforms that are already doing it, for instance, Viu is focussing on regional. Some are looking at sports content, some are only looking at tier 2. So, they will take their own direction and there will be some larger players who will say ‘we’ve got it all’.

    In the next five years, this [OTT] is going to penetrate a lot into tier 2 and tier 3, and in villages. It’s going to get big in rural at some point. All of us are television converts to digital. The new kids on the block are not, as they’ve grown up in a digital world. In the next two or three years, that’s going to happen to rural. Some platforms could take a direction wherein they focus on rural. Eventually, there’s going to be three apps on every user’s phone. But for content producers, you cannot have that filter.

    You used the world 'benchmark'. Do you think Netflix is the benchmark in terms of content creation?

    I think what Netflix has done, particularly for India, is show that digital content doesn’t have to be mediocre and cheap in terms of production quality. The benchmarks they have set are more on the quality of production. And to be fair, everyone’s followed. We just needed someone to come in and say that 'it’s okay to spend that kind of money on digital'. Netflix has redefined ‘premiumness’.

    In terms of vision, what are the pillars on which your content strategy will hinge on?

    Two adjectives we want associating with our content are world class and unexpected. 'Good' doesn’t cut it for us. We want audiences across the world to think of us as great content producers.

    What are the challenges for a digital content studio in today’s environment?

    I think right now content studios are in a good place. All the problems they have are good problem to have. For us, I think the advantage is that we are not a pure producer. We are also IP creators. So we are investing in our IPs and content. So we are not in the race vying only vying for commissions. Our main game is going to own our content. When I say own, I mean purely Zee Studio Originals.

    Netflix, ZEE5 among others have signed a self-censorship code. Amazon hasn't. Where do you stand on the censorship debate?

    Censorship is not a hindrance for me. I think it’s the responsibility of content creators to use that freedom intelligently. I don’t think there should be censorship. Creativity should never have censorship. However, we have to be responsible creators.

    Can you delve deeper into your plans for 2019?

    We are definitely looking at getting a good number of series. We are looking at direct-to-digital films and I know that OTT platforms are very open to it. They are looking for digital films. We are also doing some regional work. Right now we are in the process of signing up some really good directors to kick-start our slate which we should be ready to announce soon. We should be ready with some of our content by the third or fourth quarter.

    How do you intend to leverage the synergies of Zee Studios and ZEE5?

    We are a part of ZEE Studios. ZEE5 is a platform like any other independent platform. There is always an advantage of a being part of a larger family because there’s going to be synergies there. But we walk our own paths and focus on our respective targets.

    Have you identified any digital content consumption trends?

    I don’t think there’s a trend. The trend changes before you can call it a trend. What’s happening is we are creating content left, right and centre. It’s a windfall for consumers. They themselves haven’t figured out what they want. We’ve got loads of people who are subscribing. We have OTTs that have committed really high spends to create content and now we are ready to make things for all audiences. So, now will be the time that you’ll start seeing audience trends.

    As someone who has the final say, how do you greenlight projects?

    Gut. It’s pure gut. In a very creative world, you have to go with your gut. You have to observe and not live in a box. You have to understand the market and consumer, but finally, you go with your gut.

    How do you keep evolving as a creative professional?

    To be very honest, I keep trying to learn. This [digital content] is such a new thing for everybody. Consuming global content is an obvious way to keep oneself updated. I also keep learning from different age groups. It’s such a great time to listen.

    What’s a typical day at the office for you?

    My entire day is spent listening – to scripts, ideas, and people – which is brilliant. Listening is the best way to trigger ideas.

    What are you currently watching?

    I’m actually enjoying Rangbaaz right now. I'm mostly very critical of content but I think it’s well made. Funnily, I’m enjoying Narcos Mexico a lot more than Narcos.

    Any particular series or show that you watched recently and wished you'd made it?

    There’s a lot. I have to say I’m waiting for the time when Indian platforms starting buying really high-end documentaries. I’d love to make aWild Wild Country. I’d like to make an absolutely world class, cutting edge documentary.

    Interesting. Are Indian audiences lapping up documentaries as much as other content?

    No, not really. Even globally, the skew is too wide. Even the greatest of docu makers like Errol Morris have a fixed audience set. But the fact that a Wild Wild Country made an impact in India is a good sign to suggest that the consumers are open to anything. This audience is discerning yet open-minded unlike the television audience, which is set in its ways. 

    Do you see Indian content traveling anytime soon?

    I think it will. A lot will definitely depend on the OTT platform and the importance that it gives. Television series were made at some other level internationally versus what we were making here. However, in digital that’s all changed. We are making content at the same level. Is Mirzapur or Rangbaaz any lesser than Narcos Mexico? No it's not. So, I think it's a question of time and a bit of marketing for sure. It’s going to get there. This is going to be the defining year. Netflix wants all Indian Originals now commissioned out of India as opposed to Los Angeles. So, everyone’s seeing the merit in what we’re creating and the level that it’s being created at.

  • Privé Unscripted to offer thought-provoking content from BBC

    Privé Unscripted to offer thought-provoking content from BBC

    MUMBAI: ZEEL’s premium English movie channel – &PrivéHD – is all set to telecast its new offering from the BBC library- Privé Unscripted. It brings not just movies inspired by real life but life itself showcased in all its raw and unscripted glory. The content from ZEEL’s association with BBC Studios, Privé Unscripted will première on television on 21 January 2019, 11 PM onwards.

    Privé Unscripted consists of iconic stories including intriguing titles such as Weinstein: The Inside Story, Targeting Bin Laden (Featuring Barack Obama), Meet the Trumps: From Immigrant to President, Inside Obama’s White House, David Beckham – Into the Unknown and much more. Privé Unscripted will be telecast at 11 PM starting 21 January till 25 January. After that, the films will be aired every Sunday at 8 PM.

    ZEEL head – premium channels Shaurya Mehta said, “We have evaluated our audience and the tune-in they have on the channel specifically. Based on that we have built the strategy starting with week nights and then move into a weekend slot. Close to 26 per cent of the consumption on &Privé happens through biographies (film based). Currently, we have acquired over a dozen titles from BBC, but we continue to look at more titles in the coming months.”

    The content will also be available on ZEE5 on live TV basis and as for VOD there is a catch-up that will be available as well.  

    Commenting on the occasion, ZEEL CMO Prathyusha Agarwal said, “Authenticity today is a compelling need and a key driver for consumers across product categories and brand choices they make. This is a premium content; any advertiser associating with the channel is about building premium brand. The channel has a balanced ratio of male and female audience because everyone is coming at it as a nuance cinema."

    Since its launch, &Privé HD has curated 350 movies with 52 premieres including critically acclaimed and award-winning titles like Moonlight, Lion, The Post, The Imitation Game, A Beautiful Mind, The Wolf of Wall Street, Catch Me If You Can, Memoirs of a Geisha, Donnie Darko, Revolutionary Road amongst others.

    BBC Studio SVP and GM South and South East Asia Myleeta Aga said, “We’ve had a great experience working with the team at Zee. Our association with BBC First resonated with Indian audiences so well and was a huge success. We believe that quality storytelling whether drama or unscripted will always connect with audiences; immerse and entertain them. We hope to receive a great response from the viewers for our documentaries on &PrivéHD.”

    Mehta believes that with Privé Unscripted the channel has extended its relationship with BBC Studio and harnessed the power of this exceptionally thought-provoking quality content. “We are sure that the audience will embrace this new format of content,” he added.

  • Ad, subscription revenues drive Zeel numbers up for third quarter

    Ad, subscription revenues drive Zeel numbers up for third quarter

    BENGALURU: The Subhash Chandra led Zee Entertainment Enterprises Limited reported 17.9 percent year-on year (y-o-y) growth in operating revenue at Rs 2,166.77 crore for the quarter ended 31 December 2018 (Q3 2019, quarter or period under review) as compared to the Rs 1,838.07 crore for the corresponding year ago quarter Q3 2018. EBITDA for the quarter under review increased 26.9 percent y-o-y to Rs 754.29 crore from Rs 594.42 crore.

    Growth in numbers was driven by 21.7 percent and 23.3 percent y-o-y in advertisement and subscription revenues respectively. The company reported ad revenue for Q3 2019 at Rs 1,462.57 crore as compared to Rs 1,202.02 crore in Q2 2018. Subscription revenue for the period under review was Rs 618.48 crore as compared to Rs 501.69 crore in the corresponding year ago quarter. Zeel says that domestic subscription revenue grew by 28.6  y-o-y to Rs 519.2 crore. International subscription revenue for Q3 2019 was Rs 99.3 crore.

    The company reported 50.6 percent growth in profit after tax (PAT) and 49.2 percent higher total comprehensive income (TCI) for Q3 2019 as compared to Q3 2018. PAT in Q2 019 was Rs 562.76 crore as compared to Rs 373.77 crore in Q3 2018. TCI for Q3 2019 was Rs 475.97 crore as compared to Rs 319.10 crore.

    Zeel chairman Chandra said, "India is poised to remain one of the fastest growing economies in the world. Decline in crude oil prices and rationalization of GST rates will further boost the economy and help maintain the growth momentum in consumption. Even in M&E space, content consumption is growing at a brisk pace across mediums. This trend along with macroeconomic tailwinds will drive growth in both advertising and subscription revenues. We have delivered yet another quarter of strong performance across all our businesses. ZEE5 is scaling up in line with our expectations and is on course to become India's number one digital entertainment platform.”

    Zeel MD and CEO Punit Goenka said, "I am really pleased with our performance this quarter which further strengthens our position as India's leading entertainment content company. While our television business continues to consolidate its number one position, ZEE5 is quickly establishing itself as one of the leading digital entertainment platforms in the country. ZEE5 has already become the biggest producer of Indian content amongst the digital platforms and

    the content offering will multiply going forward. Our expanding list of partnerships with telecom operators and players in the digital eco-system, coupled with innovation in pricing, will make ZEE5 accessible to a wider audience.

    With the launch of our Malayalam channel, Zee Keralam, ZEEL now has the widest footprint in country in terms of the languages covered. It will help us further consolidate our network share.

    Advertising outlook for the industry looks upbeat and we aim to outpace the industry growth on the back of our growing network share. After much delay, TRAI's tariff order is now set to be implemented across the country next month. I reiterate that this is a positive step for the industry in the long term and will be beneficial for everyone. While it will take some time for the new system to settle, we are working with all our partners for its smooth implementation."  added Goenka.

    Let us look at the other numbers reported by Zeel

    Total expenses in Q3 2019 increased 7.7 percent y-o-y to Rs 1,441.82 crore from Rs 1,338.38 crore. Employee benefit expense increased 19.4 percent y-o-y in Q3 2019 to Rs 183.38 crore from Rs 153.54 crore in Q3 2018. Operational cost in the quarter under review increased 18.6 percent y-o-y to Rs 797.81 crore from Rs 672.98 crore in Q3 2018.

    Finance costs increased y-o-y in Q3 2019 to Rs 5.52 crore from Rs 2.36 crore during the corresponding period of the previous year. Other expenses reduced 3.1 percent y-o-y in quarter under review to Rs 230.24 crore from Rs 237.51 crore in Q3 2018.

    The company benefitted from fair value gain on financial instruments at fair value through profit and loss for Q3 2019 at Rs 37.64 crore as compared to a fair value loss of Rs 41.92 crore in Q3 2018.