The Rs 570-crore Pentamedia Graphics Ltd expects to grow above the industry rates of 40 per cent in the current fiscal. The demand for entertainment continues unabated even in a sluggish economy.
The order book position stands at $160-170 million to be executed over the next 15 months. The company is rolling out its children’s channel ‘Splash’ which would be available in a month.
Intellivision, a wholly owned subsidiary, will be hiring transponder in satellites such as Asiasat and Globestar to make available the channel to large parts of the world. Also, the channel would be broadcast over the net through Num TV.
Meanwhile, the company has decided to retain the acquired companies such as Media Dreams, Mayajaal, Kris Srikkant Sports and Entertainment as separate companies to facilitate strategic investors to pick up a stake in them. This is against the earlier plan to merger these entities into one to provide a critical mass.
Our typical marketing budget is usually 10 per cent of the topline spend
There are some forces impacting the way our business works. The IT/ITeS sector has changed tremendously. Platforms like Twitter have made everyone journalists. Smartphones have made everyone a photographer. The trend that we are seeing is one of hyperdigitalization, which is causing the lines between product and services to blur. For example, <a href=http://www.exchange4media.com/company/news/amaz...
The OOH sector is among the fastest growing, globally. Brands and marketers have realized its potential and impact and begun to craft medium-specific adverts. Self-regulation is not only necessary but also essential to growth of the sector. The industry needs to exercise a certain level of this self-restraint to prove its commitment to maintaining the best standards in advertising.
<b>Clients are looking for experiential solutions beyond radio or print: Abraham Thomas, Radio City 91.1 FM</b><br><br> From entering new markets to launching large format events, Radio City 91.1FM has been on a roll. The radio channel recently announced the launch of India’s biggest singing talent hunt-Radio City Super Singer Season 8. Earlier this year, the channel set up its own creative-cum...
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