Business media gears up for action-packed Budget 2019
From newsroom debates to on-field activations and a strong content line-up, business media is leaving no stone unturned to grab eyeballs
As Union Finance Minister Nirmala Sitharaman is all set to announce her maiden budget in Parliament today, television channels have upped the ante for grabbing maximum eyeballs. While news channels are hoping to take the numero uno spot, business media is going all out with a strong content line-up for the day.
From newsroom debates to on field activations, channels are leaving no stone unturned in their coverage. In a first, CNBC-TV18 and CNBC-Awaaz, joined hands with the iconic Mumbai Dabbawalas to help raise awareness about the budget.
The comprehensive and well-integrated activity on July 4 witnessed Dabbawalas across Mumbai come out in full force spreading CNBC-TV18’s message with a tag, “Count your calories and your profits.” on the tiffins that they delivered.
In addition to the activity, CNBC-TV18’s efforts to raise awareness among people will be by presenting an integrated newsroom with comprehensive coverage.
“At the CNBC Network on Budget Day, we aim to reach out to people in the best way possible. Our coverage will see the likes of Krishnamurthy Subramanian, Chief Economic Adviser; Rajnish Kumar, Chairman, SBI; Ramesh Damani, Member BSE and Amitabh Kant, CEO, Niti Aayog . By associating with the Dabbawalas, who are such an integral part of the city, we have strengthened the connect that exists between us and our viewers. With an unmatched viewing experience through our extensive coverage, we once again intend to leave behind a mark as we help citizens understand the budget in the easiest of ways possible,” said Basant Dhawan CEO, English News Cluster, Network18.
According to numbers provided by the Network, during the interim budget this year CNBC-AWAAZ claimed to score record-breaking numbers for the entire budget week gaining a market share of 59.3%, which was 1.45 times more compared to its nearest competitor. [Source: BARC India | TG: NCCS AB Male 22yrs+ | Market: HSM | Period: Wk 5'19, Imp'000 & Market Share)]
Moneycontrol, the digital property from the same network, is prepping to provide its users an expert-led and data-driven analysis of the budget for its audience without any frills like its television counterpart.
Gautam Shelar, Business Head, Moneycontrol said, “The upcoming budget is set to be of immense importance due to the task at hand for the government to resolve the issues that the country faces, in addition to aligning to the PM's vision of a New India. Through #TheNewIndiaBudget, we, at Moneycontrol, want to let our audiences know in the best ways possible about the innovation and novelty that the government aims to bring in the form of new ideas, methods and solutions that will take them one step closer towards a New India. With audiences seeking information on such an important day, it is necessary that we decode policies and reforms in a manner that they find easy to grasp and understand in a convenient format. With the customer at the very core of what Moneycontrol stands for, we once again endeavour to make a mark as experts in the field of finance and business on one of the biggest days for the country's economic future."
ET NOW, the English business news channel from Times Network, had also claimed to emerge as the clear winner for the viewership on the Interim Budget day, February 1, 2019. ET Now claimed to garner a market share of 73% (Source BARC 22+ AB All India 1mn+, 1st Feb 19, 24 Hrs) and a whopping 82% share in metro cities (Source: BARC 22 +AB, 6 Metros, 1st Feb, 24 Hrs) Budget speech by Finance Minister aired from 11:00am-1:00pm on 1st Feb’19 was most watched on ET Now with 51% market share (BARC 22+ AB; All India 1mn+) they said.
This time ET NOW has launched ‘Budget for Bharat’, a budget special programming line-up. The show will have think tanks and experts analyse the impact and implications of Budget 2019 for the consumers.
Amplified by real-time market data and data intelligence, ET NOW will bring industry leaders across sectors to examine and decode Union Budget 2019 and put forth the nation’s economic priorities. Content line ups like a special call-in show, where queries would be addressed by the top experts in the industry, a roundtable grasping the budget expectations from the India Inc are also planned for the day.
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