#MeToo & TRAI order some of the most-read stories on exchange4media in 2018

Key people movements like Piyush Pandey taking charge as Global Chief Creative Officer at Ogilvy too grabbed lot of attention

metoo

  In a number of ways, 2018 has been a landmark year for the media and the entertainment industry. The Supreme Court ruling in favour of TRAI’s tariff order versus Star India stood out even though some confusion continues to linger on. It brought broadcasters and distribution platforms to fall in line by giving the customer absolute power to choose his consumption. The year also saw the rise of the #metoo movement in India that shook the M&E with women calling out abuse by men in positions of power in various sectors. The furore led to investigations and companies taking action against some of the accused. 

Certain key people movements also caught this sector by surprise, including Uday Shankar becoming the Chairman, Star and Disney India and President of 21st Century Fox, the promotion of Piyush Pandey as Global Creative Chief and the resignation of Raj Nayak from his position of CEO of Colors after a successful seven-year stint at Viacom18. Reliance Industry Limited bought stocks in Eros International, Hathway Cable and Den Networks. With this, it got access to cable connected homes enabling a quick launch for Jio GigaFiber which will roll out in 2019. 

What took the industry by surprise was Dr Subhash Chandra's decision to divest up to 50 per cent of its promoter Essel Group’s holding to a global partner to maximise the value for business and help transform ZEE into a ‘global media tech player’.

We now take a look at our stories which garnered maximum attention:

People movement

  • Uday Shankar named Chairman, Star & Disney India; President, The Walt Disney Company APAC
  • Piyush Pandey takes charge as Global Chief Creative Officer at Ogilvy on January 1
  • Raj Nayak steps down as CEO of Colors
  • Suresh Balakrishna moves from Kinetic to The Hindu as Chief Revenue Officer
  • Joy Chakraborthy, Forbes India CEO and President (Revenue), Network18 Media & Investments, steps down
  • Zee Business appoints Anil Singhvi as Managing Editor
  • Ashish Sehgal gets new role in ZEEL as Chief Growth Office
  • Aaj Tak anchor Punya Prasoon Bajpai steps down

 
The launch of Jio Giga Fiber

 
#MeToo 

  •  #MeToo movement exposes cracks in advertisement and entertainment
  •  Action taken against accused
  • Entertainment industry suffers losses
  • Brands respond to the movement

 
Essel Group’s plans to divest 50 per cent promoters’ stake in ZEE

  • Dr Subhash Chandra’s interview and reason for this decision
  • Punit Goenka says he wants to give competition to Netflix
  • Essel Group plans to divest up to 50 per cent of its stake in ZEEL

 TRAI’s new Tariff Order

  • ZEEL’s announcing maximum retail price of all its channels under the new regime
  • Broadcasters informing consumers about tariff policy
  • Star India publishes rate card as per tariff order

Other reports

  • DD Freedish to announce e-auction date soon
  • HUL acquires GSK Consumer Health India for Rs 31,700 crore
  • Launch of Republic TV’s Hindi channel Republic Bharat
  • Viral post puts Zomato on receiving end
  • YouTube 2019 masthead inventory sold out
  • 94.3 Radio One India launches first online re-broadcast of Delhi Mumbai and Bangalore international format network FM radio stations
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