Home >> International >> Article

FRAMES 2002 seminar on entertainment business kicks off in Mumbai

16-March-2002
Font Size   16
FRAMES 2002 seminar on entertainment business kicks off in Mumbai

Inaugurating the two-day global convention on Business of Entertainment, FRAME 2002 at Mumbai, Union minister of state Information and broadcasting Sushma Swaraj, expressed deep concern over the ongoing piracy menace, prevalent rate charged by cable operators and slow pace of content creation and development of human capital within the country.

She said that the government is thinking about introducing a conditional access system, which will become mandatory for pay TV viewing. However the division between the government and some broadcasters over this issue was brought in to focus when Star’s James Murdoch openly opposed the move.

Swaraj also hinted that government is exploring the option of getting into film co-production deals with foreign countries.

James Murdoch, chairman and chief executive of the STAR group, in his key note, expressed disappointment and blamed cable operators for under declaration of number of subscribers. He added that broadcasters were losing revenue because of this. According to him, almost Rs 2,000 crore is struck at the sub-operator level that should be flowing throughout the system. “Until it is unlocked, if you will, the whole business is at risk,” he warned.

Arthur Andersen also released a report on entertainment industry. The report suggests that the entertainment industry grew by 30 per cent in 2001 to Rs 13,000 crore, outperforming all other sectors except information technology. The report goes on to say that the total ad spend increased by 10.2 per cent in 2001 to Rs 7,850 crore, with shift in adspend in television contributing to the growth.

The subscription revenue saw a higher growth of 33 per cent to Rs 4,000 crore. This is expected to contribute substantially to the overall increase in the industry size in future.

Rabo Bank in association with Ficci released the Rabo India Finance report. The report prepared by Suni Kheterpal, senior manager-strategic advisory/M&A, Rabo Bank India, outlined the key difference between the US and the Indian film industry from the perspective of various constituents for propagating the concept and structures related to organised film financing in the country.

Maharashtra chief minister Vilasrao Deshmukh announced that state-of-the-art studios have been developed in the film city and added that global uplinking facility would also be set up there.

Tags e4m

Kartikeya Sharma says that June has been the best month for sales in the 11 years that the brand has been in India

The newly appointed CEO of ZEE5 on how he aims to have the widest appeal in the OTT space amongst Indian consumers

The VP, Marketing and Communications (South Asia), talks about the company's growth strategy, its focus areas, impact of demonetisation on consumer behaviour and much more

Siju Prabhakaran, South Cluster Head, Zee Entertainment Enterprises Limited, talks about channel's rebranding, extending fiction shows to weekends and much more

right
left
RADIO CITY CELEBRATES ITS 17TH ANNIVERSARY WITH CONCERT, AWARDS AND FUN 5TH EDITION OF TIMES NOW & ICICI BANK’S NRI OF THE YEAR AWARDS GLOBAL INDIANS PITCH CMO SUMMIT BENGALURU SEES TOP INDUSTRY LEADERS AND MARKETERS IN ATTENDANCE DISTINGUISHED JURY COMES TOGETHER TO PICK WINNERS FOR PITCH’S TOP 50 BRANDS PITCH CMO SUMMIT BANGALORE SEES TOP CMOS ACROSS INDUSTRIES IN ATTENDANCE 1ST REPUBLIC TV GULF INDIAN LEADERSHIP SUMMIT & AWARDS HONOUR STALWARTS OF INDIAN GULF BUSINESS COMMUNITY SONY YAY! CELEBRATES ITS FIRST BIRTHDAY WITH PARTY FOR TRADE PARTNERS THOUGHT LEADERS AND TOP DIGITAL MARKETERS SPEAK @ EXCHANGE4MEDIA GROUP’S TECHMANCH 2018 IN MUMBAI EXCHANGE4MEDIA’S IDMA 2018 RECOGNIZES INDUSTRY’S BEST DIGITAL MARKETING CAMPAIGNS REALTY PLUS UNVEILS COFFEE TABLE BOOK AT 10TH CONCLAVE & EXCELLENCE AWARDS @AHMEDABAD EMINENT JURY CONGREGATES TO PICK WINNERS OF INDIAN DIGITAL MARKETING AWARDS 2018 OFF THE CUFF SEES ‘SWACHH BHARAT ABHIYAN’ MAN PARAMESWARAN IYER IN CONVERSATION WITH SHEKHAR GUPTA EXCHANGE4MEDIA’S LOUDEST.IN HOSTS INAUGURAL EDITION OF MUSIC INC. IN MUMBAI EMINENT JURY CONGREGATES TO PICK IMPACT’S 40UNDERFORTY ACHIEVERS PORTER PRIZE & INSTITUTE FOR COMPETITIVENESS RECOGNIZE STRATEGIC ACUMEN IN COMPANIES DELHI AD CLUB-SAARC AWARDS 2018 RECOGNIZE EXCELLENCE ACROSS CREATIVE, MEDIA & DIGITAL AGENCIES BSNL & CALL2ACTION COMMUNICATION INDIA LAUNCH MOBILE ADVERTISING PLATFORM, INFOMO IN NEW DELHI CHILDREN’S RIGHTS ACTIVIST KAILASH SATYARTHI LAUNCHES BOOK ‘EVERY CHILD MATTERS’ SENIOR JOURNALIST VIJAY TRIVEDI LAUNCHES BOOK ‘YADA YADA HI YOGI’ BASED ON YOGI ADITYANATH EMINENT JURY CONGREGATES TO PICK IMPACT’S 40UNDERFORTY ACHIEVERS

In the same week, in BARC's Top 10 Advertisers FMCG brand Hindustan Lever continued to reign the category

Radio City retains the top position in Bangalore and Radio Mirchi continues to dominate in Kolkata

Hero Motocorp remained the leading advertiser followed by AMFI, Honda Motorcycle & Scooter India.