We are looking to bring technology partners: Subhash Chandra on ZEEL stake sale

Essel Group plans to divest up to 50% of its stake in ZEEL

exchange4media Staff 13-November-2018

subhash

Subhash Chandra-led Essel Group is looking to divest up to 50 per cent stake in the Zee Entertainment Enterprises Ltd (ZEEL). 

“It has been decided to undertake a strategic review of Essel's shareholding in ZEEL with a view to maximize value for the business. The proposed transaction to divest up to 50% of Essel's holding to such a partner, is expected to address the Essel Group's capital allocation priorities and will allow ZEEL shareholders to capture the full value of India's largest entertainment broadcaster with an ever strengthening bouquet,” the company said in a statement.

“Essel has decided to appoint Goldman Sachs Securities (India) Ltd. as their investment banker and US and European based LionTree as an international strategic advisor for this exercise,” it added.

Talking to exchange4media exclusively, Dr Subhash Chandra shared, “This is a stake sale as we are looking to bring technology partners. And as part of that, we may offload a stake. We are the leaders in the South Asia diaspora and audiences and we plan to stay like that. We are making the business even more future ready.”

The statement mentioned that Subhash Chandra and family along with its advisors met in Mumbai over the Diwali weekend to undertake a strategic review of its businesses in view of the changing global media landscape.

The strategic review underscored the importance of technological advancements such as AI, lOT, 3D printing AR, VR and more.

“There is informed recognition that the world is convergent today and the lines across media, telecom, manufacturing and technology are thinner than ever. The semi-conductor business also appeared to be a promising opportunity, but due to its large capital requirement it was ruled out. It was observed that these developments will impact virtually all businesses across sectors and business practices will be driven by technological innovation. The review showed that the family needs to accelerate efforts to stay ahead of fast changing trends,” the statement said.

The review noted that with the current 1.3 billion viewers and close to 50 million digital viewers growing at a fast pace, ZEEL is well placed to benefit from current market trends due to its strong brand and bouquet of domestic and international channels.

“Adding to that strength, ZEES will further enable the company to leverage the benefits of changing video consumption trends, contributing significantly over the coming years. The management of ZEEL under Punit Goenka and Amit Goenka has been well appreciated by all stakeholders and reflected in the performance of the company,” read the statement.

Speaking on where the business stands today, Jawahar Goel said, "Punit and Amit have made the right sustainable investments for the future and the business is growing ahead on all fronts in a focused and disciplined way." 

The statement further mentioned, “On its own, ZEEL would remain a leader in both linear and digital distribution. It has the consumer insights and knowhow to produce and deliver content for the South Asian diaspora globally. The management depth the company has built over last two decades distributing content globally in 12 foreign languages puts the company in a unique position. It has strong revenue streams including advertising and subscription - domestic and international. However, there is recognition that a right global strategic partner will help in transforming ZEEL further, and maximise long term value. It will transform it into a global media-tech player with a unique offering of content to the main stream audiences in 170 plus countries putting it into a king position globally.” 

Essel expects the outcome of the strategic review to be concluded by March/April 2019.

“We hope that this transaction will meet the objectives of the Essel Group as well as the minority shareholders of ZEEL. India remains a priority market for Subhash Chandra and the Essel Group and the family believes that India is at the cusp of significant growth. The family will continue to invest in growth opportunities in India. Regardless of the outcome of this exercise, Essel is committed to create significant long term value in ZEEL and shall keep on contributing in every possible way going forward,” the company said. 

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Star Sports #5MinuteAur campaign features sports icons Mary Kom, Sushil Kumar

Col. Rajyavardhan Singh Rathore to be part of the campaign for Khelo India Youth Games, encouraging kids to play for those extra 5 minutes

exchange4media Staff 8 hours ago

Khelo India

Star Sports has unveiled a new campaign for Khelo India Youth Games which is scheduled to begin from January 9 in Pune. The film captures the essence of #5MinuteAur, which has a strong call to action.

Taking the Khelo India movement forward, champions Mary Kom, Sushil Kumar, Manu Bhaker, Jeremy Lalrinnunga, Manika Batra, Neeraj Chopra, Rahul Chaudhari along with Minister of Youth Affairs and Sports, Olympics silver medal winner Col. Rajyavardhan Singh Rathore will bring out the joy of playing through the TVC.

The #5MinuteAur campaign created this year has a simple insight: we are all born with an inherent instinct to play, kids and adults alike. Portraying this five-minute agreement between a mother and a child, #5MinuteAur highlights the joy of playing and aims to encourage everyone to play a little bit longer.

Establishing the message that sports builds and defines our personalities, the more we play the better we get. The manifesto, “Hum Aaj Aur Khelenge Toh Kal Aur Jeetenge” is true not just for the sport we play, but for life itself.

In its inaugural edition, Khelo India had a strong message “Kheloge Kudoge Banoge Lajawaab” encouraging more kids to play every day. It was an effort towards changing an age-old belief. Building on the core of this message through the #5MinuteAur campaign, Star Sports urges India to encourage kids to play for those extra 5 minutes.

Conceptualised to revive the sports culture in India at the grassroots level by building a strong framework for all sports played in our country, the upcoming season of Khelo India Youth Games will be held across 18 sporting disciplines in the Under-17 and Under-21 age categories.

Scheduled to take place at Shree Shiv Chhatrapati Sports Complex in Pune from 9th to 20th January 2019, Khelo India Youth Games, Maharashtra 2019, will see over 10,000 participants from 29 states and 7 Union Territories.

The games will be brought to life by over 9000 athletes, 1800 technical officials, 1000 volunteers and 1000 personnel working behind the scenes.

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Star India launches new campaign with Aamir Khan & Pankaj Tripathi

The TVC talks about the value pack announced by Star India which offers 12 SD channels (Entertainment, Movies, Knowledge and Live Sports) for Rs 49 per month

Sonam Saini 17 hours ago

AamirKhanSachMein

As the days are nearing for the tariff order to come into force on January 1, Star India has launched its first campaign announcing the new vale pack for the consumers. 

The network launched the TVC ‘Vishwas nai Hoga #Sachmein’ with Bollywood superstar Aamir Khan and actor Pankaj Tripathi.

The new TVC talks about the value pack announced by Star India which offers 12 SD channels (Entertainment, Movies, Knowledge and Live Sports) for Rs 49 per month. The 12 channels will include Star Plus, Star Utsav, Star Bharat, Star Gold, Movies OK, Star Utsav Movies, Star Sports 1, Star Sports 2, Star Sports 3, Star Sports 1 Hindi, Nat GEO Wild and National Geographic. 

The new pack starts from Rs 49. The network has announced four packs Value Pack SD and HD and Premium Pack SD and HD. 

The TVC also asks consumers to buy the pack before December 29, 2018 from their cable and DTH operators. 

Sonam reports on the broadcast media and Out of Home (OOH) industry. She has worked across television and cable industry, and in the past has written for travel and lifestyle magazines.

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India Today Group launches Aaj Tak HD, India’s first HD Hindi News Channel

The media group plans to launch the new channel with special features on Business, Bollywood and International News

exchange4media Staff 2 days ago

AajTakHDLaunch

Aaj Tak has announced the launch of India’s first Hindi HD news channel-Aaj Tak HD. Reinforcing its 18 year legacy of being a pioneer, Aaj Tak marks another milestone by ushering in the future through the HD avatar. Aaj Tak HD will be powered by rich exclusives, superior picture and audio quality, lesser ad breaks, making it the preferred news destination.

Speaking on the launch, Aroon Purie, Chairman and Editor in Chief, India Today Group said, “Time and Information are the real currencies of this digital age. We have created Aaj Tak HD to give the viewer the best value on both these counts. Aaj Tak HD has been designed in a way that there will be smaller ad breaks and much more news content than you will find anywhere else. Let me assure you that Aaj Tak HD is not just about High Definition audio-video. This is about High Definition content and more of it. As a market leader with Aaj Tak, we have always been Sabse Tez, and now with Aaj Tak HD we won’t be just Sabse Tez but also Sabse Zyada.”

Aaj Tak has had many firsts to its name, being the first to use 3 D augmented reality graphics during UP elections, first to use drone camera, first to launch election express – the only LIVE and on the move newsroom and by becoming the first Hindi news channel to beat GEC channels on coverage. The brand has always been in the forefront of pioneering new technologies and offering differentiated viewing experience to its customers. The launch of the HD channel will strengthen the company's competitive positioning and will consolidate its leadership in the Hindi speaking belt.

The media group plans to launch the new channel with special features on Business, Bollywood and International News. Aaj Tak HD will be offered exclusively on Tata Sky (Channel Number 508) in India initially, and eventually will become available on other platforms.

Welcoming the viewers to the next level of television news viewing, Kalli Purie, Vice Chairperson, India Today Group said, “Your trust in Aaj Tak has grown year over year. It is our responsibility therefore to always be Sabse Tez... And also to always keep you ahead. Aaj Tak HD will keep you ahead on the technology curve and will service the entire spectrum of your interests including special features on International Content, Business and Bollywood.”

Aaj Tak is the leading channel in both urban and rural Hindi Speaking Markets not only as per BARC but also as per IRS data. With HD variant, Aaj Tak will also go on to attract the best and affluent Hindi viewer profile.

Welcome to an exciting High Definition ride with Aaj Tak HD to the next level of news consumption.

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Zee Hindustan re-launched as anchor-less channel

Zee Hindustan is a 24-hour Hindi TV news channel and a part of Zee Media Corporation Limited. It was launched in May 2017 with the motto 'States Make The Nation'

exchange4media Staff 3 days ago

ZeeHindustan

The Zee Media Corporation, part of the Essel Group, on Friday took a path-breaking step in television journalism by formally making its Hindi news channel Zee Hindustan anchor-less.

 

"The anchors who appear on news channels often appear to give colour to a particular story. The viewers who really want to follow, or just know about the news are left with no choice but to watch that anchor. We at Zee sensed this urgency and decided to come up with an alternative which will just give news, without any views. And this is how Zee Hindustan was born," said Rajya Sabha MP and Chairman, ZEE & Essel Group, Dr. Subhash Chandra.


“Camera never lies, and with this new channel, the story will speak for itself and the viewers will get the correct news stories,” Dr Chandra added. "Since the inception of television news in the country, nobody has thought about giving the viewers a channel which can serve this basic purpose. Zee Hindustan fills that void," he said further.


Ashok Venkatramani, MD, ZMCL, said, “The country is heading towards the biggest election battle. In a forced opinionated environment, Zee Hindustan will definitely break the clutter and create a niche for itself amongst viewers. The news in purest form and variety of content will put the channel apart from others”.   


Purushottam Vaishnav, Editor-in-Chief of the channel, said, "It has been a strenuous two-month-long journey for all of us and my team did a commendable job in launching this channel in such a brief time. Zee Hindustan will give you news, without any views."


Zee Hindustan is a 24-hour Hindi TV news channel and a part of Zee Media Corporation Limited. It was launched in May, 2017, with the motto 'States Make The Nation'.

The channel was launched on a day that is of utmost significance for the entire Essel Group. "This was the day 91 years back when my great grandfather founded the firm, which is today's Essel," Dr Chandra had tweeted on the channel's launch.

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BARC Week 49: Zee Anmol retains top spot in overall market

Star Plus continues to lead urban market; Zee Anmol too retains leadership position in rural

exchange4media Staff 4 days ago

barc

Zee Anmol was yet again the leader in the overall market with 847 million impressions, followed by Star Plus on the second slot with 745 million impressions and Star Bharat on the third with 740 million impressions, according to Broadcast Audience Research Council (BARC) India Week 49 data.

In the programme category, Zee Anmol’s Kumkum Bhagya bagged the first slot with 13.9 million impressions, followed by Zee TV’s Kundali Bhagya and Colors’ Naagin3 on number two and three with 13.1 and 12.5 million impressions, respectively. Star Bharat’s Radhakrishn stood at number four with 12.4 million impressions and Zee TV’s Kumkum Bhagya on the fifth with 12.1 million impressions.

Hindi GEC Urban

Star Plus retained its leadership position this week as well with 507 million impressions. It was followed by Zee TV on the second slot with 444 million impressions and Sony Entertainment Television on the third slot with 380 million impressions. Colors and Star Bharat stood at number four and five with 373 million impressions and 370 million impressions, respectively.

Zee TV’s Kundali Bhagya bagged the first position in the programme list with 8.2 million impressions followed by Colors’ Naagin3 on second spot with 8.0 million impressions and Star Plus’ Kulfi Kumar Bajewala on number three with 7.5 million impressions. Zee TV’s Kumkum Bhagya and Star Bharat’s Radhakrishn were on fourth and fifth spots with 7.4 and 6.6 million impressions, respectively.

Hindi GEC Rural

Zee Anmol too continued to lead the rural market with 688 million impressions, followed by Star Utsav on the second spot with 434 million impressions and Sony Pal on the third with 380 million impressions. Star Bharat and Dangal TV stood on the fourth and fifth positions with 370 million and 355 million impressions, respectively.

Zee Anmol’s Kumkum Bhagya continued to lead the list of top five programmes with 11.6 million impressions, followed by Mahek on the same channel with 8.3 million impressions on second slot and Dangal TV’s Ramayan on three with 7.2 million impressions. Zee Anmol’s Ek Main Aur Ek Tu and Sony Pal’s Taarak Mehta Ka Ooltah Chashma bagged fourth and fifth spots with 7.2 million and 6.6 million impressions, respectively.

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‘Your pack. Your choice’: Broadcasters start educating consumers about new tariff policy

Several networks are running a TVC that informs consumers about new packages and pricing under the soon-to-be implemented TRAI tariff order

exchange4media Staff 4 days ago

TariffTVC

“Your pack. Your choice. Your entertainment,” says a TVC being run by major broadcast networks, informing consumers about new packages and pricing under the soon-to-be implemented TRAI tariff order. The campaign suggests viewers to contact their cable operators for details.

With just days to go before the tariff order comes into force on January 1, broadcasters have started informing consumers about the new pricing policy. As per the order, the consumers can select and pay for the channels they want to watch.

The TVC, which mentions “brought to you in public interest by IBF, Star Network, ZEEL, Sony Pictures Network India and Viacom 18,” also tells consumers that “now, your decision will be the final decision. As per the new government regulation, enjoy the freedom to choose your favourite channel packs and pay accordingly.”

And not just the TVC, some channels have also started showing their price on the distribution platforms.

While broadcasters have started informing consumers about the order, as reported by exchange4media earlier, there still a lot of uncertainty surrounding the implementation of the tariff order.

Sources in the industry say that with petitions against the order still pending in court, DTH/ cable operators are hopeful of a stay order. There is a possibility that the implementation of the order could be pushed further ahead.

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Telangana election results: When channels and meme pages got creative

Most of the images were inspired by films such as Baahubali and 2.0 and actor Rajinikanth

Neethu Mohan 4 days ago

telanganaPolls

The Telangana Assembly election results were declared on December 11 and K Chandrasekhar Rao led TRS to a thumping victory.

Channels, both regional and national, covered the results extensively. The regional channels started live telecast from 6 am and live updates, panel discussions and in-depth analysis continued during the day. While the sentiments ran high on the ground, in the studios, some channels got highly creative, taking reportage to a different level.

The Rajinikanth starrer 2.0 is raking millions in the box office and the influence of the movie was clearly seen on the counting day. HMTV, a 24- hour Telugu channel presented KCR as ‘Chiiti- the robot’ (a heroic character from the movie 2.0) in a graphic shown during their news updates.

 

The channel had GIFs of winning candidates jumping with joy while the election results were being declared. HMTV also portrayed caricatures of the candidates who lost, with tears rolling down their faces and Telugu film song ‘Nee Gudu Chedirindi’ playing in the background.

Another major Telugu player Sakshi TV also went creative with caricatures and cartoons. Sakshi presented a cartoon video where TDP President Chandrababu Naidu was seen riding a cycle (TDP’s party symbol) with Congress leaders Uttam Kumar Reddy and Ponnala Lakshmaiah.

Another video portrayed Chandrababu Naidu sitting on a tree along with the same leaders, and in a while, falling. The video takes a snide pull on TDS and Congress alliance named Prajakutami.

Meanwhile, meme pages too celebrated the election results by posting hilarious images. The memes were highly influenced by movies like Baahubali, 2.0, and Rajinikanth.

Apart from Telangana results, the memes were focused on Mizoram, Madhya Pradesh, Chhattisgarh, Rajasthan state elections results as well.

Let’s take a look at few of them:

 

 

 

Neethu reports on media, marketing and advertising industry. In the past she has reported on start-ups, education and health sector for over 6 years.

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Thanthi TV Editor-in-Chief Rangaraj Pandey steps down

Rangaraj Pandey said he wanted a break from his daily routine and also give opportunity to next generation of journalists.

exchange4media Staff 5 days ago

Pandey

Rangaraj Pandey, who was the Editor-in-Chief of Thanthi TV, has quit from his post, with effect from Monday. Pandey announced his decision to step down in an emotional video, where he thanked the viewers and said that he wanted a break from his daily routine. He added that he also wanted to give space and opportunity to the next generation of journalists.

Pandey, who has 22 years of experience in journalism, began his career with Tamil newspaper Dinamalar. He started the well-known satire column “Doubtu Dhanabalu”, a fictional character who mocks the day-to-day political discourse in Tamil Nadu and pan-India.

His interviews with famous personalities made him a popular television face. He hosts talk show “Kelvikku Enna Badhil” (What is the answer to the question?). Pandey also hosted a prime-time news debate programme ‘Ayutha Ezhuthu‘. He is renowned for his simple and spontaneous questioning style. Pandey, who hails from North India, is a post graduate in Tamil from Madurai Kamaraj University.

 

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MIB calls for meet to discuss broadband services through cable TV networks

A conference will be held with cable TV industry representatives on December 18

exchange4media Staff 6 days ago

MIBlogo

The Ministry of Information and Broadcasting (MIB) is organising a conference of cable TV industry representatives (MSOs) on December 18 to discuss providing broadband services through cable TV networks.

The meet will discuss various issues, including feasibility, affordability, ubiquity, infrastructure, modalities of payment and segregation of revenue earned from broadband activities.

According to a ministry notice, detailed deliberation will be held on: (i) willingness of the operators to invest in the infrastructure required. ii) The payment of 8 per cent Adjusted Gross Revenue (AGR) as the fee to DoT, whether to be paid only on the broadband services or on overall revenue earned in respect of both the businesses. iii) Whether separate entity needs to be created for the broadband activities for segregation of the revenue earned on it. iv)All other issues related to the delivery of broadband services through cable TV network.

The notice mentions that the conference will be held at Gulmohar Hall, Habitat Centre, Lodhi Road, New Delhi, and will see participation from major MSOs, officials from MIB, DoT, TRAI and Broadcast Engineering Consultants India Limited (BECIL).

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Telangana News broadcasters spike ad rates by 25-80% ahead of election results

The results of assembly election in Telangana along with other four states, Madhya Pradesh, Rajasthan, Mizoram, Chhattisgarh will be announced today

Neethu Mohan 6 days ago

TelanganaMap

The results of assembly election in Telangana along with four other states, Madhya Pradesh, Rajasthan, Mizoram, Chhattisgarh will be announced today. The election results are considered to be the semi-finals to the 2019 Lok Sabha elections.

A grand alliance of Congress, Telugu Desham Party (TDS), Communist Party of India (CPI), Telangana Jana Samithi (TJS) named Prajakootami  (People’s front) was formed with an objective of defeating the ruling TRS in the elections. Bharatiya Janata Party (BJP), All India Majlis-e-Ittehadul Muslimeen (AIMIM) are the two other parties on the battlefield. Sixty is the magic number required to form the government in the 119 member Telangana assembly. The state recorded a turn out of 73.2 per cent of voters and if the numbers are in favour of TRS, then K Chandrashekar Rao will return to power and form the government.

The various news organisations have released exit poll survey results prior to the counting day.

CNX - Times Now, India TV, Axis My India - India Today and Aaj Tak, Republic Jan Ki Baat, CVoter - Republic TV are few of the exit poll surveys and these surveys have revealed mixed results for Congress and BJP.

The channels across the country have lined up extensive programs for the counting day with live updates and in-depth analyses of the election results.

CNN-News18 launched numerous shows to bring latest developments throughout the elections – the campaigning phase and the polling day.

Under the channel’s programming ‘Reporters Project’, their reporters travelled across Telangana to capture the ground realities, assess issues and record the sentiments of the people at the center of the story.

With comprehensive reportage to bring the fastest and most accurate results, first reactions and a 360-degree view of the final picture, the programming will commence at 6 AM on CNN-News18. Offering a combination of live coverage, real-time updates on seat tally, the programming on the channel will not only keep a close track of the trends but also provide in-depth analyses and implications of the results.  

With the entire News18 Network’s team of journalists across the states bringing in up-to-the-minute updates on the results, the channel will bring to the viewers unparalleled access to the latest happenings.

On CNN-News18, Executive Editor Bhupendra Chaubey along with Deputy Executive Editor Zakka Jacob and Deputy Executive Editor Anand Narasimhan will also be joined by a panel of the prominent journalists and the finest political analysts like Swapan Dasgupta, Sanjaya Baru, Vir Sanghvi, Surjit Bhalla, Ajoy Bose, Rasheed Kidwai and Advaita Kala to bring a comprehensive analysis of the results of the assembly elections.

The regional players in Telangana have also lined up programs for the state’s D-Day. The channels also have hiked their advertisement rates for the day. On the other hand, a few channels are planning to go for limited advertisement space telecast. 

According to industry experts based in Hyderabad, the channels have raised their advertisement rates by 20-80%. “The channels have come up with premium package for the advertisers on the counting day. There will be a huge rise in the advertisement rates and there will a high demand for advertisement space in the morning slots. There will be a spike of more than 20-60 % from the actual advertisement rate,” said a senior media planner based in Hyderabad.

Talking to exchange4media, Srinivas Murthy, VP, Marketing TV5 News Network said, “TV5 will be starting live telecast from 6 am. We have deployed 50 OB vans and reporters covering all the counting centres. There will be a change in screen layout for tomorrow and we are doing a 360-degree coverage of the counting day.”

“There will be a huge rise in the TV viewership today. The viewership on the counting day will double than compared to the normal days,” added Murthy.

The channel will be conducting an in-depth analysis of the election results.

“We have a premium package for advertisers for the day and have hiked the advertisement rates by 25%,” said Murthy.

Another major player in South India TV9 is providing non-stop coverage of the counting day with special bulletins and live telecasts. The channel started their live telecast at 6 am.

“Today we will be allotting very limited advertisement space and there are premium advertisement packages for today,” said Clifford Pereira, Director, TV9. “The TV viewership will be phenomenal and a rise of 100% in terms of viewership will be achieved easily today,” added Pereira.

The Telugu News channel NTV is also doing an extensive coverage of the counting day. “We are doing a marathon live on this D-Day. We have deployed reporters and contributors across the counting centres. The advertisement space will be limited for today at the same time we expect a rise of 80-90% increase in terms of viewership,” said Hari Krishnan, Chief Copy Editor, NTV News.

“The Telangana elections are very crucial for the political parties and the channels also reap benefits during the election period in terms of revenue and viewership. The high amount of competition in the TV space will force the players to provide unbiased reportage of the events. In terms of advertisement rates, there will be a spike of almost 80%. In terms of viewership, the local channels will have a massive rise,” concluded, a senior media planner.

Neethu reports on media, marketing and advertising industry. In the past she has reported on start-ups, education and health sector for over 6 years.

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